NOT LISTED FOR SALE

51 Frankie Ln Stuart, VA 24171

Estimated Value: $209,000 - $250,114

2 Beds
2 Baths
1,120 Sq Ft
$208/Sq Ft Est. Value

Last Sold June 24, 2022

Last sale price $227,500 $203 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $1,356/month

43 Days on Market

Highlights

  • River View
  • A-Frame Home
  • Cathedral Ceiling
  • Mature Trees
  • Deck
  • No HOA

About This Home

As of June 2022

Rare find! A log cabin with deeded Mayo River access located in the town limits of picturesque Stuart Va, at the foothills of the Blue Ridge Mountains. From the wrap-around deck, you'll enjoy a view of the mountains and the (trout stocked) North fork of the Mayo River. Inside you'll find the kitchen, Great Room, and dining area included in an open floor plan and 20' cathedral ceilings, & 6ft windows in the great room. Also, a bedroom and full bath are on the main level. Upstairs there is a loft area that could be used for a 3rd bedroom, but is currently used for office space. There is also another bedroom upstairs. Ceilings are cathedral style, with tongue and groove boards.The house boasts hardwood, laminate, and new luxury vinyl plank flooring. The basement has curtain partitions and luxury vinyl to create extra sleeping space. This home would be a great permanent home, vacation home, or Airbnb. Outside there are various flower beds, a bird bath, stand up heater, a hammock, outdoor

Last Agent to Sell the Property

Annpaige Harris

Virginia Mountain Realty License #0225236334 Listed on: 03/31/2022

Last Buyer's Agent

Annpaige Harris

Virginia Mountain Realty License #0225236334 Listed on: 03/31/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $502

Year Built

  • Built in 1982

Lot Details

  • 0.69 Acre Lot
  • River Front
  • Level Lot
  • Cleared Lot
  • Mature Trees
  • Wooded Lot
  • Garden
  • Property is in good condition

Parking

  • 1 Car Garage
  • Attached Carport
  • Open Parking

Home Design

  • A-Frame Home
  • Cabin
  • Stone Foundation
  • Fire Rated Drywall
  • Shingle Roof
  • Log Siding

Interior Spaces

  • 1,120 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Fireplace Features Masonry
  • Casement Windows
  • River Views
  • Oven or Range

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Main Level Bedroom
  • Bathroom on Main Level
  • 2 Full Bathrooms

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Storm Windows

Outdoor Features

  • Deck
  • Covered patio or porch
  • Exterior Lighting

Schools

  • Stuart Elementary School
  • None Middle School
  • Patrick County High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 11

Home Details

Home Type

Single Family

Est. Annual Taxes

$502

Year Built

Built in 1982

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.69
  • Subdivision Name: None
  • Directions: In Hillsville at the intersection of Highway 52 and Highway 58, travel east on Highway 58. Turn left onto the US 58 ramp toward Martinsville. Travel 32 miles, make slight right onto VA Route 8. Travel 1/2 mile turn right onto Frankie lane merge left at real estate sign, property is on the left.
  • Above Grade Finished Sq Ft: 1120
  • Architectural Style: A-Frame, Cabin
  • Carport Y N: Yes
  • Garage Yn: Yes
  • Building Stories: 1
  • Year Built: 1982
  • ResoBuildingAreaSource: Other
  • Kitchen Level: Main
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Range/Oven, Washer, Refrigerator, Dryer, Electric Water Heater
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 970
  • Fireplace Features: Masonry
  • Fireplace: Yes
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s)
  • Living Area: 1120
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Window Features: Casement Windows, Storm Window(s), No Window Treatments
  • ResoLivingAreaSource: Other
  • Living Room Living Room Level: Main
  • Master Bedroom Master Bedroom Level: Main
  • Room Bedroom2 Area: 166.75
  • Master Bedroom Master Bedroom Width: 11
  • Bathroom 2 Level: Lower
  • Room Bedroom2 Level: Second
  • Room Living Room Area: 272
  • Bathroom Level: Main
  • Dining Room Dining Room Level: Main
  • Room Master Bedroom Area: 132

Exterior Features

  • Lot Features: Rolling/Sloping, Wooded, Cleared, Level
  • View: River
  • View: Yes
  • Waterfront Features: River Front
  • Waterfront: Yes
  • Disclosures: Property Disclosure
  • Construction Type: Log, Dry Wall
  • Exterior Features: Garden, Mature Trees, Lighting
  • Foundation Details: Stone
  • Patio And Porch Features: Deck, Open Deck, Covered
  • Property Condition: Exterior Condition: Good, Interior Condition: Good
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Open Parking: Yes
  • Parking Features: Paved, Attached Carport
  • Total Parking Spaces: 1

Utilities

  • Laundry Features: Lower Level
  • Security: Security System
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Oil, Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Natural Gas Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Stuart
  • High School: Patrick County
  • Middle Or Junior School: None

Lot Info

  • Lot Size Sq Ft: 30056.4
  • Zoning: Res
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 502.5
  • Tax Lot: 11
  • Tax Map Number: 4711.7.73
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 24, 2023
Sold by
Smith Joshua
Bought by
Cooper Ryan
Current Estimated Value
$232,779

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,500
Outstanding Balance
$223,343
Interest Rate
6.15%
Mortgage Type
New Conventional
Estimated Equity
$9,306

Purchase Details

Listed on
Feb 14, 2022
Closed on
Mar 11, 2022
Sold by
Reagan Kristin H
Bought by
Smith Joshua
Seller's Agent
Christopher Lester
Realty One Group Results
Buyer's Agent
Non Member Office
Non Member Office
List Price
$190,000
Sold Price
$190,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.16%
Original Mortgage
$171,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 22, 2021
Closed on
Mar 31, 2021
Sold by
Altman Dustin Dale and Altman Melinda
Bought by
Reagan Kristin H
Seller's Agent
Christopher Lester
Realty One Group Results
Buyer's Agent
Christopher Lester
Realty One Group Results
List Price
$162,000
Sold Price
$162,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.27%
Original Mortgage
$145,800
Interest Rate
2.75%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 14, 2019
Closed on
Mar 12, 2020
Sold by
Forrest Robert H and Forrest Sun Tok
Bought by
Altman Dustin Dale and Altman Melina
Seller's Agent
Johnny Lambert
United Country Lambert Realty
Buyer's Agent
Johnny Lambert
United Country Lambert Realty
List Price
$150,000
Sold Price
$110,000
Premium/Discount to List
-$40,000
-26.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
44.58%
Original Mortgage
$111,111
Interest Rate
3.5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Cooper Ryan $229,500 Appalachian Title
Smith Joshua $190,000 None Listed On Document
Reagan Kristin H $162,000 Attorney
Altman Dustin Dale $110,000 Appalachian Title Co Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cooper Ryan $229,500
Previous Owner Smith Joshua $171,000
Previous Owner Reagan Kristin H $145,800
Previous Owner Altman Dustin Dale $111,111
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2022 06/24/22 Sold $227,500 -3.6% $203 / Sq Ft
05/15/2022 05/15/22 Pending -- -- --
04/01/2022 04/01/22 For Sale $236,000 +24.2% $211 / Sq Ft
03/14/2022 03/14/22 Sold $190,000 0.0% $170 / Sq Ft
03/02/2022 03/02/22 Pending -- -- --
02/14/2022 02/14/22 For Sale $190,000 +17.3% $170 / Sq Ft
04/01/2021 04/01/21 Sold $162,000 0.0% $142 / Sq Ft
04/01/2021 04/01/21 Pending -- -- --
02/22/2021 02/22/21 For Sale $162,000 +47.3% $142 / Sq Ft
03/13/2020 03/13/20 Sold $110,000 -26.7% $108 / Sq Ft
01/22/2020 01/22/20 Pending -- -- --
06/14/2019 06/14/19 For Sale $150,000 -- $147 / Sq Ft
Source: Southwest Virginia Association of REALTORS®

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 $857 $117,400 $10,800 $106,600
2024 $857 $117,400 $10,800 $106,600
2023 $857 $117,400 $10,800 $106,600
2022 $857 $117,400 $10,800 $106,600
2021 $798 $117,400 $10,800 $106,600
2020 $806 $118,500 $10,800 $107,700
2019 $806 $118,500 $10,800 $107,700
2018 $675 $118,500 $10,800 $107,700
2017 -- $118,500 $10,800 $107,700
2016 $675 $118,500 $10,800 $107,700
2015 -- $118,500 $10,800 $107,700
2014 -- $127,400 $13,500 $113,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwest Virginia Association of REALTORS®

MLS Number: 82121

APN: 4711070073