NOT LISTED FOR SALE

515 Prater Dr Richlands, VA 24641

Estimated Value: $98,000 - $118,000

3 Beds
1.5 Baths
1,724 Sq Ft
$62/Sq Ft Est. Value

Last Sold March 09, 2022

Last sale price $9,000 $5 Per Sq Ft

Est. 1,096% increase in value since last sale

Current estimated payment $619/month

50 Days on Market

Highlights

  • 0.75 Acre Lot
  • Wood Burning Stove
  • Covered patio or porch
  • Deck
  • No HOA
  • Wood Frame Window

About This Home

As of March 2022

GREAT FIXER UPPER AT A GREAT PRICE! FEATURES OVER 1700 SQ FT, WITH EAT IN KITCHEN, DINING ROOM, DEN AND FAMILY ROOM. PARTIAL BASEMENT. TOWN UTILITIES. CURRENT OWNER HAS DONE SOME RENOVATIONS, SOME BUILDING MATERIALS WILL CONVEY. PROPERTY BEING SOLD 'AS IS'. OWNERS WILL NOT MAKE ANY REPAIRS OR BE RESPONSIBLE FOR ANY INSPECTIONS.

Last Agent to Sell the Property

Joyce Ratliff

RE/MAX At Work License #0225153174 Listed on: 01/02/2022

RE/MAX At Work

Last Buyer's Agent

Kristi Pruett

RE/MAX At Work License #0225235655

RE/MAX At Work

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1930

Lot Details

  • 0.75 Acre Lot
  • Lot Has A Rolling Slope

Home Design

  • Shingle Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,724 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Wood Burning Stove
  • Flue
  • Wood Frame Window
  • Partial Basement
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level

Outdoor Features

  • Deck
  • Covered patio or porch
  • Outbuilding

Schools

  • Richlands Elementary And Middle School
  • Richlands High School

Utilities

  • No Cooling
  • No Heating
  • Natural Gas Not Available
  • Electric Water Heater
  • High Speed Internet

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 61-66

Home Details

Home Type

Single Family

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.75
  • Lot Size: 0.75 ACRE
  • Directions: FROM US RT460 AT CLAYPOOL HILL, TRAVEL US 460W FOR APPROX. 5 MILES. TAKE SECOND RICHLANDS EXIT, THEN LEFT TOWARD TOWN OF RICHLANDS. AT TRAFFIC LIGHT TAKE RIGHT ONTO SECOND STREET, THEN LEFT AT LIGHT ONTO VETERANS DRIVE. CONTINUE ONTO KENTS RIDGE RD, THEN RIGHT ONTO BURNETTE STREET, THEN SHARP RIGHT ONTO PRATER DRIVE. PROPERTY AHEAD ON RIGHT.
  • Above Grade Finished Sq Ft: 1724
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: No
  • Building Stories: 1
  • Year Built: 1930
  • Kitchen Level: Main
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: None, Electric Water Heater
  • Has Basement: Partial
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1293
  • Fireplace Features: Wood Burning Stove, Flue
  • Fireplace: Yes
  • Interior Amenities: Walk-In Closet(s), Cable High Speed Internet
  • Living Area: 1724
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Window Features: Wood Frames, No Window Treatments
  • Living Room Living Room Level: Main
  • Master Bedroom Master Bedroom Level: Main
  • Room Bedroom3 Level: Main
  • Room Bedroom2 Level: Main
  • Room Family Room Level: Main
  • Bathroom 1 Level: Main
  • Bathroom Level: Main
  • Dining Room Dining Room Level: Main

Exterior Features

  • Lot Features: Rolling/Sloping
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: Property Disclosure
  • Construction Type: Wood Siding
  • Foundation Details: Concrete Perimeter
  • Other Structures: Outbuilding
  • Patio And Porch Features: Open Deck, Porch Covered
  • Property Condition: Exterior Condition: Poor, Interior Condition: Poor
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: None

Utilities

  • Laundry Features: Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: None
  • Heating Yn: No
  • Sewer: Public Sewer
  • Utilities: Natural Gas Not Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Richlands
  • High School: Richlands
  • Middle Or Junior School: Richlands

Lot Info

  • Lot Size Sq Ft: 32670
  • Zoning: R
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 446.22
  • Tax Lot: 61-66
  • Tax Map Number: 105A803 0061-0066
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2021
Closed on
Sep 10, 2021
Sold by
Wade Joseph J and Wade Jennifer S
Bought by
Rose Dennis and Rose Leatha
Seller's Agent
Carol Harrison
Fortune Realty of Richlands
Buyer's Agent
Carol Harrison
Fortune Realty of Richlands
List Price
$15,000
Sold Price
$7,000
Premium/Discount to List
-$8,000
-53.33%
Current Estimated Value
$107,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,667
Avg. Annual Appreciation
92.16%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Rose Dennis $7,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/09/2022 03/09/22 Sold $9,000 -47.1% $5 / Sq Ft
02/24/2022 02/24/22 Pending -- -- --
01/04/2022 01/04/22 For Sale $17,000 +142.9% $10 / Sq Ft
09/15/2021 09/15/21 Sold $7,000 -53.3% $2 / Sq Ft
08/11/2021 08/11/21 Pending -- -- --
08/11/2021 08/11/21 For Sale $15,000 +25.0% $5 / Sq Ft
08/07/2019 08/07/19 Sold $12,000 -69.9% $7 / Sq Ft
07/08/2019 07/08/19 Pending -- -- --
02/25/2018 02/25/18 For Sale $39,900 -- $23 / 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
2023 $350 $60,300 $9,000 $51,300
2022 $350 $60,300 $9,000 $51,300
2021 $350 $60,300 $9,000 $51,300
2020 $350 $60,300 $9,000 $51,300
2019 $350 $60,300 $9,000 $51,300
2018 $426 $60,300 $9,000 $51,300
2017 $426 $77,400 $9,000 $68,400
2016 -- $77,400 $9,000 $68,400
2015 -- $77,400 $9,000 $68,400
2014 -- $77,400 $9,000 $68,400
2013 -- $77,400 $9,000 $68,400
Source: Public Records

Agents Affiliated with this Home

  • Joyce Ratliff

    Seller's Agent in 2022

    Joyce Ratliff

    RE/MAX At Work

    15 in this area

    93 Total Sales

    Section Image

  • K

    Buyer's Agent in 2022

    Kristi Pruett

    RE/MAX At Work

    (276) 971-1882

    13 in this area

    67 Total Sales

    Section Image

  • C

    Seller's Agent in 2021

    Carol Harrison

    Fortune Realty of Richlands

  • C

    Seller's Agent in 2019

    Connie Comer

    Homeland Real Estate

    Section Image
  • Sharon Stiltner

    Buyer's Agent in 2019

    Sharon Stiltner

    Homeland Real Estate

    (276) 970-1140

    5 in this area

    60 Total Sales

    Section Image
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Map

Source: Southwest Virginia Association of REALTORS®

MLS Number: 81127

APN: 105A803-0061-0066

Virginia Tazewell County Richlands 24641

515 Prater Dr, Richlands, VA

This home is located at 515 Prater Dr, Richlands, VA 24641 since 02 January 2022 and is currently estimated at $107,667, approximately $62 per square foot. This property was built in 1930. 515 Prater Dr is a home located in Tazewell County with nearby schools including Faith Academy, Richlands Christian Academy, and First Apostolic Christian.

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