NOT LISTED FOR SALE

506 Wood Ave E Big Stone Gap, VA 24219

Estimated Value: $289,000

0.1 Acre
$2,890,000 Price per Acre
4,356 Sq Ft Lot

Last Sold October 07, 2015

Last sale price $5,000

Est. 5,680% increase in value since last sale

Current estimated payment $1,590/month

19 Days on Market

About This Lot

As of October 2015

Commercial lot in downtown Big Stone Gap just past intersection of Wood Ave and E 5th St. Formerly where Judy's Hodge Podge was located. Lot is being prepared according to town regulations. Selling "AS IS."

Last Agent to Sell the Property

Brenda Hill

Appalachian Realty Executives, LLC License #0225080332,310750 Listed on: 08/18/2015

Appalachian Realty Executives, LLC

Last Buyer's Agent

Linda Massengill

Re/Max Action Associates

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $182

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 35' x 145'
  • Cleared Lot
  • Property is in average condition
  • Property is zoned COMMERCIAL

Schools

  • Powell Valley Elementary And Middle School
  • Union High School

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 000815

Property Details

Property Type

Land

Est. Annual Taxes

$182

Lot Details

0

Listing Details

  • Directions: US 23 to downtown Big Stone Gap. One lot past intersection of Wood Ave and E 5th St between federal courthouse/post office building and Food City.
  • Prop. Type: Land
  • Road Frontage Type: City Street
  • New Construction: No
  • Location Tax Legal Info Parcel ID: 000815
  • Contract Info Foreclosure: No
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Acres: 0.1
  • General Property Description Zoning2: COMMERCIAL
  • General Property Description Elementary School3: Powell Valley
  • General Property Description Middle School2: Powell Valley
  • General Property Description High School3: Union
  • Water Public: Yes
  • Sewer Public Sewer: Yes
  • Utilities Electricity Available: Yes
  • TopographyLot Description Cleared: Yes
  • Property Condition Average: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Property Condition: Average
  • Lot Features: Cleared
  • Acres: 0.1

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Powell Valley
  • High School: Union
  • Middle Or Junior School: Powell Valley

Lot Info

  • Zoning: COMMERCIAL
  • Lot Dimensions: 35' x 145'
  • Lot Size Sq Ft: 4356.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 000815
  • ResoLotSizeUnits: Acres

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2015 10/07/15 Sold $5,000 -83.1% --
09/07/2015 09/07/15 Pending -- -- --
08/18/2015 08/18/15 For Sale $29,500 -- --
Source: Tennessee/Virginia Regional MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $182 $26,400 $20,400 $6,000
2024 $182 $26,400 $20,400 $6,000
2023 $182 $26,400 $20,400 $6,000
2022 $182 $26,400 $20,400 $6,000
2021 $182 $26,400 $20,400 $6,000
2020 $182 $26,400 $20,400 $6,000
2019 $182 $26,400 $20,400 $6,000
2018 $164 $26,400 $20,400 $6,000
2017 $158 $26,400 $20,400 $6,000
2016 $158 $26,400 $20,400 $6,000
2015 -- $73,900 $20,400 $53,500
2010 -- $73,900 $20,400 $53,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 366916

Tennessee/Virginia Regional MLS

APN: R000815