NOT LISTED FOR SALE

531 Olive Way Elkview, WV 25071

Estimated Value: $254,000 - $361,000

5 Beds
3 Baths
3,000 Sq Ft
$106/Sq Ft Est. Value

Last Sold June 12, 2023

Last sale price $305,000 $102 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $1,924/month

74 Days on Market

Highlights

  • Deck
  • No HOA
  • Fenced Yard
  • Wood Flooring
  • Formal Dining Room
  • Porch

About This Home

As of June 2023

Situated in the mountains of Elkview on a large, flat & fenced yard is this 5 bed, 3 bath colonial home. Property features a custom kitchen w/ double fridge, a two car garage with storage, plenty of natural light, hardwood floors, a massive master suite with walk in closets, two covered porches, a large storage building, an attached carport, and a swimming pool with partial deck.

Last Agent to Sell the Property

Jesse Dolin

Berkshire Hathaway HS GER License #0030303 Listed on: 02/22/2023

Berkshire Hathaway HS GER

Last Buyer's Agent

Peggy White

Old Colony License #0004384

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,542

Lot Details

  • 0.29 Acre Lot
  • Fenced Yard
  • Fenced

Parking

  • 2 Car Attached Garage
  • Carport

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 3,000 Sq Ft Home
  • 2-Story Property
  • Self Contained Fireplace Unit Or Insert
  • Insulated Windows
  • Formal Dining Room

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Outdoor Storage
  • Outbuilding
  • Porch

Schools

  • Pinch Elementary School
  • Elkview Middle School
  • Herbert Hoover High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 15-038A-0026-0000-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,542

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.29
  • Lot Size: 0x0x0x0
  • Subdivision Name: n
  • Directions: From Indian Creek Rd, left onto South Pinch Rd, then right onto McNabb Drive, left onto Olive Way- Property on left.
  • Architectural Style: Two Story
  • Carport Y N: Yes
  • Garage Yn: Yes
  • Unit Levels: Two
  • Building Stories: 2
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Gas Range, Microwave, Refrigerator
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: Insert
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Interior Amenities: Separate/Formal Dining Room, Fireplace, Cable TV
  • Living Area: 3000.0
  • Window Features: Insulated Windows

Exterior Features

  • Fencing: Privacy, Yard Fenced
  • Waterfront: No
  • Construction Type: Block, Drywall, Frame
  • Exterior Features: Deck, Fence, Porch, Storage
  • Other Structures: Outbuilding, Storage
  • Patio And Porch Features: Deck, Porch
  • Roof: Metal

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Carport, Garage, Two Car Garage

Utilities

  • Security: Security System, Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Electric, Forced Air, Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Pinch
  • High School: Herbert Hoover
  • Middle Or Junior School: Elkview

Lot Info

  • Parcel #: 15-038A-0026-0000-0000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1542.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 12, 2019
Sold by
Thomas Mitchell F and Thomas Crystal D
Bought by
Besaw Clayton J and Besaw Branchau
Current Estimated Value
$319,950

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,500
Outstanding Balance
$193,144
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$109,732

Purchase Details

Closed on
Jun 26, 2008
Sold by
Dusic Ralph C
Bought by
Thomas Mitchell F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,350
Interest Rate
6.07%
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
Besaw Clayton J $230,000 Attorney
Thomas Mitchell F $181,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Besaw Clayton J $218,500
Previous Owner Thomas Mitchell F $20,000
Previous Owner Thomas Mitchell F $163,350
Previous Owner Dusic R Charles $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2023 06/12/23 Sold $305,000 -3.2% $102 / Sq Ft
05/08/2023 05/08/23 Pending -- -- --
05/05/2023 05/05/23 Price Changed $315,000 -4.3% $105 / Sq Ft
04/24/2023 04/24/23 Price Changed $329,000 -2.9% $110 / Sq Ft
02/22/2023 02/22/23 For Sale $339,000 -- $113 / Sq Ft
Source: Kanawha Valley 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
2024 $2,067 $164,110 $18,850 $145,260
2023 $1,622 $128,710 $18,850 $109,860
2022 $1,542 $122,410 $18,850 $103,560
2021 $1,356 $107,650 $18,850 $88,800
2020 $1,344 $106,690 $18,850 $87,840
2019 $1,363 $108,190 $18,850 $89,340
2018 $1,225 $109,390 $18,850 $90,540
2017 $1,242 $110,640 $18,840 $91,800
2016 $1,258 $111,840 $18,840 $93,000
2015 $1,269 $113,040 $18,840 $94,200
2014 $1,236 $111,960 $18,840 $93,120
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Kanawha Valley Board of REALTORS®

MLS Number: 260962

Kanawha Valley Board of REALTORS®

APN: 20-15- 38A-0026.0000