NOT LISTED FOR SALE

518 Buchanan St Richlands, VA 24641

Estimated Value: $75,000 - $94,000

2 Beds
1 Bath
2,598 Sq Ft
$31/Sq Ft Est. Value

Last Sold September 19, 2022

Last sale price $70,000 $27 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $471/month

3 Days on Market

Highlights

  • Deck
  • Cottage
  • Window Unit Cooling System
  • Screened Porch
  • Double Pane Windows
  • 1-Story Property

About This Home

As of September 2022

1930's cottage, conveniently located in town on Buchanan Street awaiting a new owner. Updates to this home include renovations down to the studs with new wiring, plumbing, insulation, drywall, paneling, wood flooring, metal roof, double pane windows and vinyl siding. Home features an open concept type floor plan with kitchen, dining and living area all open into one large room. 2 bedrooms, 1 full bath and a large laundry room all on the main level. The home is very well insulated.

Last Agent to Sell the Property

Ramona Simmons

FORTUNE REALTY, INC. License #0225058750 Listed on: 08/15/2022

Last Buyer's Agent

Out Of Area Sales

OUT OF AREA SALES

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $344

Year Built

  • Built in 1930

Lot Details

  • 9,583 Sq Ft Lot
  • Privacy Fence
  • Wire Fence
  • Gentle Sloping Lot

Home Design

  • Cottage
  • Block Foundation
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Propane Fireplace
  • Double Pane Windows
  • Combination Dining and Living Room
  • Screened Porch
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Unfinished Basement

  • Partial Basement
  • Exterior Basement Entry

Outdoor Features

  • Deck
  • Rain Gutters

Location

  • City Lot

Schools

  • Richlands Elementary And Middle School
  • Richlands High School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Propane
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 105A513 00380039

Home Details

Home Type

Single Family

Est. Annual Taxes

$344

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Lot Size Acres: 0.22
  • Lot Size: 0.22
  • Subdivision Name: None
  • Directions: 19/460 Claypool Hill, 460 West, take Richlands/Jewell Ridge Exit. Turn R onto Railroad Ave, R onto 5th st, R on Sulfolk, L on MacDowell, R on Buchanan
  • Above Grade Finished Sq Ft: 1299
  • Architectural Style: Cottage
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Year Built: 1930
  • ResoBuildingAreaSource: PublicRecords
  • Kitchen Level: Main
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, Range, Refrigerator
  • Has Basement: Exterior Entry, Partial, Unfinished
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 1299
  • Fireplace Features: Propane
  • Fireplace: Yes
  • Interior Amenities: Ceiling Fan(s)
  • Living Area: 2598
  • Main Level Bathrooms: 1
  • Window Features: Double Pane Windows
  • ResoLivingAreaSource: PublicRecords
  • Dining Room Features: Living Room Combination
  • Living Room Living Room Level: Main
  • Dining Room Dining Room Level: Main

Exterior Features

  • Fencing: Fenced, Privacy, Wire
  • Lot Features: City Lot
  • Topography: Sloping
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Exterior Features: Rain Gutters, Other
  • Foundation Details: Block
  • Patio And Porch Features: Deck/Patio, Screened
  • Roof: Metal

Garage/Parking

  • Attached Garage: No

Utilities

  • Laundry Features: W/D Hookup, Main Level
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Propane
  • Water Source: Public

Schools

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

Lot Info

  • Lot Size Sq Ft: 9583.2
  • Farm Land Area Units: Square Feet
  • Parcel #: 105A513 00380039
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Above Grade Finished Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2022
Closed on
Sep 19, 2022
Sold by
Hansen Robert L
Bought by
Liptak Alexander Aaroneliseo
Seller's Agent
Ramona Simmons
FORTUNE REALTY, INC.
Buyer's Agent
Out Of Area Sales
OUT OF AREA SALES
List Price
$70,000
Sold Price
$70,000
Current Estimated Value
$81,190

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,190
Avg. Annual Appreciation
4.33%
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
Liptak Alexander Aaroneliseo $70,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hansen Robert $35,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/19/2022 09/19/22 Sold $70,000 0.0% $27 / Sq Ft
08/20/2022 08/20/22 Pending -- -- --
08/16/2022 08/16/22 For Sale $70,000 -- $27 / Sq Ft
Source: Mercer-Tazewell County Board 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 $344 $59,300 $8,000 $51,300
2022 $344 $59,300 $8,000 $51,300
2021 $344 $59,300 $8,000 $51,300
2020 $344 $59,300 $8,000 $51,300
2019 $344 $59,300 $8,000 $51,300
2018 $326 $59,300 $8,000 $51,300
2017 $326 $59,300 $8,000 $51,300
2016 -- $59,300 $8,000 $51,300
2015 -- $59,300 $8,000 $51,300
2014 -- $59,300 $8,000 $51,300
2013 -- $59,300 $8,000 $51,300
Source: Public Records

Agents Affiliated with this Home

  • Ramona Simmons

    Seller's Agent in 2022

    Ramona Simmons

    FORTUNE REALTY, INC.

    (276) 971-1078

    41 in this area

    105 Total Sales

    Ramona Simmons
    Section Image

  • O

    Buyer's Agent in 2022

    Out Of Area Sales

    OUT OF AREA SALES

See All Agents

Map

Source: Mercer-Tazewell County Board of REALTORS®

MLS Number: 51437

APN: 105A513-0038-0039

Virginia Tazewell County Richlands 24641

518 Buchanan St, Richlands, VA

This home is located at 518 Buchanan St, Richlands, VA 24641 since 15 August 2022 and is currently estimated at $81,190, approximately $31 per square foot. This property was built in 1930. 518 Buchanan St is a home located in Tazewell County with nearby schools including Faith Academy, First Apostolic Christian, and Richlands Christian Academy.

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