NOT LISTED FOR SALE

509 Scott St Wise, VA 24293

Estimated Value: $104,000 - $160,000

4 Beds
1 Bath
1,607 Sq Ft
$87/Sq Ft Est. Value

Last Sold January 05, 2012

Last sale price $50,000 $31 Per Sq Ft

Est. 156% increase in value since last sale

Current estimated payment $738/month

221 Days on Market

Highlights

  • Solid Surface Countertops
  • Cooling Available
  • Fenced Front Yard
  • Front Porch
  • Patio
  • Level Lot

About This Home

As of January 2012

Great opportunity to own this 4 bedroom, 1 bath home in Wise, VA. Home has vinyl exterior and nice front porch. Home is a foreclosure and being sold in as is condition with all it's faults. Minimum commission may apply if sold below a certain amount $1,500 to list side and $1,500 to selling side. All offers must have pre-approval letter or proof of funds with a copy of earnest money check in order to be submitted to seller. Home's age is unknown, all homes features must be verified by buyers and or buyer's agent for accuracy. Information taken from tax assessors office due to not being located on CRS. Subject to errors and omissions.

Last Agent to Sell the Property

Ashley Foran

Southeastern Properties License #0225086504 Listed on: 05/27/2011

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $492

Year Built

  • Built in 1960

Lot Details

  • Fenced Front Yard
  • Level Lot
  • Property is in average condition

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,607 Sq Ft Home
  • 1-Story Property
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Patio
  • Front Porch

Schools

  • L F Addington Elementary School
  • L. F. Addington Middle School

Utilities

  • Cooling Available
  • Heat Pump System

Listing and Financial Details

  • Foreclosure
  • Assessor Parcel Number 014 238

Home Details

Home Type

Single Family

Est. Annual Taxes

$492

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Directions: I-26 to Gate City Va, merge onto US 23 N crossing into VA, turn right onto US 23 Norton Rd. turn right onto W Main St, turn left onto Virginia Ave NE, turn left onto Scott St. NE, home is on right see sign
  • Prop. Type: Residential
  • Year Built: 1960
  • Property Sub Type: Single Family Residence
  • ResoSpecialListingConditions: In Foreclosure
  • Unit Levels: One
  • New Construction: No
  • Reso Structure Type: House
  • Contract Info Foreclosure: Yes
  • General Property Description Zoning2: R
  • General Property Description Elementary School3: L F Addington
  • General Property Description Middle School2: L. F. Addington
  • Water Public: Yes
  • Sewer Public Sewer: Yes
  • General Property Description Lot Dimensions: per deed
  • General Property Description Home Warranty: No
  • General Property Description Total SqFt Finished: 1607.0
  • General Property Description Above Grade SqFt: 1607.0
  • TopographyLot Description Level2: Yes
  • General Property Description Parcel ID2: 014 238
  • AC Heat Pump3: Yes
  • General Property Description Stories2: 1
  • Roof Composition: Yes
  • Property Condition Average: Yes
  • Fencing Front Yard: Yes
  • Levels One: Yes
  • Structure Type:House: Yes
  • Special Features: 1028

Interior Features

  • Interior Amenities: Solid Surface Counters
  • Full Bathrooms: 1
  • Total Bedrooms: 4
  • Total Bedrooms: 6
  • General Property Description Baths - Full: 1
  • Interior Features:Solid Surface Counters: Yes

Exterior Features

  • Property Condition: Average
  • Roof: Composition
  • Fencing: Front Yard
  • Topography: Level
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Patio And Porch Features: Front Patio, Front Porch, Porch
  • Exterior Finish Vinyl Siding: Yes
  • PorchPatioDeck Front Patio: Yes
  • PorchPatioDeck Front Porch: Yes
  • PorchPatioDeck Porch: Yes

Utilities

  • Heating: Heat Pump
  • Sewer: Public Sewer
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Heat Pump2: Yes

Schools

  • Elementary School: L F Addington
  • Middle Or Junior School: L. F. Addington

Lot Info

  • Zoning: R
  • Lot Dimensions: per deed
  • Parcel #: 014 238

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2011
Closed on
Dec 28, 2011
Sold by
Sunrust Mortgage Inc
Bought by
Marcum Tammy L
Seller's Agent
Ashley Foran
Southeastern Properties
Buyer's Agent
Lonesome Pine Realty
List Price
$53,000
Sold Price
$50,000
Premium/Discount to List
-$3,000
-5.66%
Current Estimated Value
$127,876

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,876
Avg. Annual Appreciation
6.83%
Original Mortgage
$47,500
Outstanding Balance
$7,106
Interest Rate
3.98%
Mortgage Type
New Conventional
Estimated Equity
$115,916

Purchase Details

Closed on
Oct 18, 2010
Sold by
Pauley James D and Thompsonpauley Christie M
Bought by
Suntrust Mortgage Inc

Purchase Details

Closed on
Mar 23, 2006
Sold by
Pauley Robert R
Bought by
Pauley James D and Thompson Pauley Christie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
6.26%
Mortgage Type
New Conventional
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
Marcum Tammy L $50,000 None Available
Suntrust Mortgage Inc $66,000 None Available
Pauley James D $60,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marcum Tammy L $47,500
Previous Owner Pauley James D $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/05/2012 01/05/12 Sold $50,000 -5.7% $31 / Sq Ft
01/04/2012 01/04/12 Pending -- -- --
05/27/2011 05/27/11 For Sale $53,000 -- $33 / Sq Ft
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
2024 $492 $71,300 $9,000 $62,300
2023 $492 $71,300 $9,000 $62,300
2022 $492 $71,300 $9,000 $62,300
2021 $455 $65,900 $9,000 $56,900
2020 $455 $65,900 $9,000 $56,900
2019 $455 $65,900 $9,000 $56,900
2018 $409 $65,900 $9,000 $56,900
2017 $395 $65,900 $9,000 $56,900
2016 $395 $65,900 $9,000 $56,900
2015 -- $65,900 $9,000 $56,900
2010 -- $66,000 $9,000 $57,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 307910

Tennessee/Virginia Regional MLS

APN: R014238