NOT LISTED FOR SALE

5313 Flat Gap Rd Pound, VA 24279

Estimated Value: $115,000 - $152,000

3 Beds
2 Baths
1,820 Sq Ft
$73/Sq Ft Est. Value

Last Sold July 26, 2018

Last sale price $72,872 $40 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $763/month

234 Days on Market

Highlights

  • Deck
  • 2 Car Detached Garage
  • Paneling
  • Wood Flooring
  • Rear Porch
  • Cooling Available

About This Home

As of July 2018

Beautifully located in the mountains of Southwest Virginia with surrounding mountain views. Spacious front and back yard with a detached 2 car garage.Home has a full stand up basement with a concrete floor accessed from the ground floor.Buyers and buyers agent should verify all information as it is public information.

Last Agent to Sell the Property

Tim Gardner

Century 21 Bennett & Edwards License #0225061378 Listed on: 10/12/2017

Century 21 Bennett & Edwards

Last Buyer's Agent

Margaret Farmer

Wallace License #292487

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $718

Year Built

  • Built in 1969

Lot Details

  • 0.64 Acre Lot
  • Level Lot
  • Property is in average condition

Parking

  • 2 Car Detached Garage
  • Gravel Driveway

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Composition Roof

Interior Spaces

  • 1,820 Sq Ft Home
  • 1-Story Property
  • Paneling
  • Den with Fireplace

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Basement

  • Fireplace in Basement
  • Block Basement Construction

Outdoor Features

  • Deck
  • Patio
  • Shed
  • Outbuilding
  • Rear Porch

Schools

  • J.W. Adams Elementary And Middle School
  • Central High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Private Sewer

Community Details

  • FHA/VA Approved Complex

Listing and Financial Details

  • Assessor Parcel Number 002537

Home Details

Home Type

Single Family

Est. Annual Taxes

$718

Year Built

Built in 1969

Lot Details

0

Parking

2

Listing Details

  • Directions: From Wise take 23 north to Pound turn right onto South Fork go 3.9 miles turn right to north fork until you hit flat gap road house is on the right.
  • Prop. Type: Residential
  • Year Built: 1969
  • Garage Garage Spaces: 2
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Unit Levels: One
  • New Construction: No
  • Reso Structure Type: House
  • Contract Info Foreclosure: No
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Acres: 0.64
  • General Property Description Zoning2: 0
  • General Property Description Elementary School3: J.W. Adams
  • General Property Description Middle School2: J.W. Adams
  • General Property Description High School3: Central (Wise, Va)
  • Water Public: Yes
  • General Property Description Lot Dimensions: 0
  • General Property Description Home Warranty: No
  • General Property Description Total SqFt Finished: 1820.0
  • General Property Description Above Grade SqFt: 1820.0
  • TopographyLot Description Level2: Yes
  • Flooring Hardwood: Yes
  • General Property Description Parcel ID2: 002537
  • Style Ranch: Yes
  • AC Heat Pump3: Yes
  • Financing FHA: Yes
  • General Property Description Stories2: 1
  • Other Structures Outbuilding: Yes
  • Other Structures Shed(s): Yes
  • Roof Composition: Yes
  • Flooring Carpet: Yes
  • Foundation Block6: Yes
  • Fireplace Basement3: Yes
  • Flooring Vinyl: Yes
  • Walls Paneling: Yes
  • Property Condition Average: Yes
  • Basement Block4: Yes
  • Other Structures Storage2: Yes
  • Sewer Private Sewer: Yes
  • Levels One: Yes
  • Structure Type:House: Yes
  • Special Features: None

Interior Features

  • Has Basement: Block, Concrete
  • Flooring: Carpet, Hardwood, Vinyl
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Basement, Den
  • Total Bedrooms: 8
  • General Property Description Baths - Full: 2
  • Fireplace:Den: Yes
  • Basement:Concrete3: Yes

Exterior Features

  • Property Condition: Average
  • Roof: Composition
  • Other Structures: Outbuilding, Shed(s), Storage
  • Acres: 0.64
  • Topography: Level
  • Home Warranty: No
  • Construction Type: Block, Brick
  • Foundation Details: Block
  • Patio And Porch Features: Back, Deck, Patio
  • Exterior Finish Brick4: Yes
  • PorchPatioDeck Back: Yes
  • PorchPatioDeck Deck: Yes
  • PorchPatioDeck Patio: Yes

Garage/Parking

  • Parking Features: Detached, Gravel
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features:Gravel: Yes
  • Parking Features:Detached: Yes

Utilities

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

Schools

  • Elementary School: J.W. Adams
  • High School: Central (Wise, Va)
  • Middle Or Junior School: J.W. Adams

Lot Info

  • Zoning: 0
  • Lot Dimensions: 0
  • Lot Size Sq Ft: 27878.4
  • ResoLotSizeUnits: Acres
  • Parcel #: 002537
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2017
Closed on
Jul 20, 2018
Sold by
Hayes Timothy E
Bought by
Baker Davey and Baker Amanda
Seller's Agent
Tim Gardner
Century 21 Bennett & Edwards
Buyer's Agent
Margaret Farmer
Wallace
List Price
$124,000
Sold Price
$72,872
Premium/Discount to List
-$51,128
-41.23%
Current Estimated Value
$132,954

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,082
Avg. Annual Appreciation
9.41%
Original Mortgage
$73,608
Outstanding Balance
$63,926
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$74,935
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
Baker Davey $72,872 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baker Davey $73,608
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2018 07/26/18 Sold $72,872 -41.2% $40 / Sq Ft
06/04/2018 06/04/18 Pending -- -- --
10/12/2017 10/12/17 For Sale $124,000 -- $68 / 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
2025 $718 $104,100 $5,400 $98,700
2024 $718 $104,100 $5,400 $98,700
2023 $718 $104,100 $5,400 $98,700
2022 $718 $104,100 $5,400 $98,700
2021 $699 $101,300 $5,400 $95,900
2020 $699 $101,300 $5,400 $95,900
2019 $699 $101,300 $5,400 $95,900
2018 $628 $101,300 $5,400 $95,900
2017 $608 $101,300 $5,400 $95,900
2016 $608 $101,300 $5,400 $95,900
2015 $304 $101,300 $5,400 $95,900
2010 -- $101,900 $6,000 $95,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 398290

Tennessee/Virginia Regional MLS

APN: R002537