NOT LISTED FOR SALE

550 Loretto Dr Wytheville, VA 24382

Estimated Value: $686,563

5 Beds
5.5 Baths
5,234 Sq Ft
$131/Sq Ft Est. Value

Last Sold September 03, 2021

Last sale price $550,000 $105 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $3,979/month

6 Days on Market

Highlights

  • Spa
  • Colonial Architecture
  • Main Floor Primary Bedroom
  • Scott Memorial Middle School Rated A-
  • Deck
  • Walk-In Closet

About This Home

As of September 2021

One of Wytheville's most beautiful homes is now available. Step inside the most majestic home in the exclusive Loretto neighborhood. Featuring 5 bedrooms and 6 bath rooms, the careful planning and attention to detail make this one of the most desirable homes in the area. Complete with 4 suited bedrooms up stairs, a large master suite on the main floor, large rec and family room, as well as your own theater area, there is space for everyone in this wonderful home. Entertaining is a breeze with the gourmet kitchen on the main level, kitchenette downstairs and large deck. The walk out basement opens up into your own piece of paradise, lined with mature trees, beautiful landscaping and secluded hot tub. This one-owner brick colonial is truly a stunning masterpiece of craftsmanship and architecture. Call today to set up your private showing of this magnificent home. Shentel Internet available with speeds up to 1Gbps.

Last Agent to Sell the Property

Christopher Fox

Berkshire Hathaway Home Services Mountain Sky Properties-Wythev License #0225224934 Listed on: 06/25/2021

Berkshire Hathaway Home Services Mountain Sky Properties-Wythev

Co-Listed By

Mike Thomas

Berkshire Hathaway Home Services Mountain Sky Properties-Wythev License #0225209037

Last Buyer's Agent

Tina Hayes

Berkshire Hathaway Home Services Mountain Sky Properties-Wythev

Berkshire Hathaway Home Services Mountain Sky Properties-Wythev

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,860

Year Built

  • Built in 2004

Lot Details

  • 0.87 Acre Lot
  • Property is zoned Residential 1

HOA Fees

  • Property has a Home Owners Association

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Fire Rated Drywall

Interior Spaces

  • 5,234 Sq Ft Home
  • Ceiling Fan
  • Ventless Fireplace
  • Gas Log Fireplace
  • Attic Access Panel

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Primary Bedroom on Main
  • Walk-In Closet
  • 5.5 Bathrooms

Laundry

  • Electric Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Kitchen in Basement
  • 1 Bathroom in Basement

Parking

  • 3 Car Attached Garage
  • Driveway

Outdoor Features

  • Spa
  • Deck

Utilities

  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 41A7836

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,860

Year Built

Built in 2004

Lot Details

0

HOA Fees

$8 per month

Listing Details

  • Estimated Total Finished Sq Ft: 5234
  • Estimated Upper Finished Sq Ft: 1505
  • Cable Internet Company: Shentel 1Gbps available
  • Class: Residential
  • County Or City: Wythe
  • Deed Bk Pg Instrumnt: 030005480
  • Is The Power On: Yes
  • Is The Water On: Yes
  • Legal Description: Loretto
  • Lvt Date: 06/25/2021
  • Master On Main: Yes
  • Number Rooms: 13
  • Parcel Nbr: 41A7836
  • Property Sub Type: Detached
  • Bathrooms in the Basement: 1
  • Lower Level Bathrooms: 1
  • Main Level Bathrooms: 1
  • Number of Upper Level Bathrooms: 4
  • Room Level Bedrooms Main: 1
  • Room Level Bedrooms Uppe: 4
  • Main Level Half Bathrooms: 1
  • Style Structure Home: Colonial
  • Year Built: 2004
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Appliances: Dishwasher, Dryer/Electric, Microwave, Range/Electric, Refrigerator, Washer
  • Attic: Access Only
  • Basement: Finished, Full, Kitchen/Kitchenette
  • Bedrooms: 5
  • Fireplace: Gas Logs/Ventless
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fan(s), Walk-In Closet(s), Walls-Drywall

Exterior Features

  • Exterior Features: Blacktop Driveway, Cable Available, Deck, Hot Tub
  • Exterior Finish: Brick

Garage/Parking

  • Garage Carport: Triple Attached

Utilities

  • Air Conditioner: Heat Pump
  • Heating: Heat Pump
  • Sewer: Public System
  • Water: Public Water

Condo/Co-op/Association

  • HOA: Home Owners Assoc

Schools

  • School District: Wythe
  • Elementary School: Spiller
  • Middle School: Scott Memorial
  • High School: George Wythe

Lot Info

  • Lot Size: 37897.2
  • Zoning: Residential 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2021
Closed on
Sep 2, 2021
Sold by
Fontaine Mark E and Fontaine Deborah C
Bought by
Hileman Jerome C and Hileman Frances Elizabeth
Seller's Agent
Christopher Fox
Berkshire Hathaway Home Services Mountain Sky Properties-Wythev
Buyer's Agent
Tina Hayes
Berkshire Hathaway Home Services Mountain Sky Properties-Wythev
List Price
$550,000
Sold Price
$550,000
Current Estimated Value
$686,563

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,563
Avg. Annual Appreciation
5.72%
Original Mortgage
$548,250
Outstanding Balance
$500,320
Interest Rate
2.7%
Mortgage Type
VA
Estimated Equity
$186,243

Purchase Details

Closed on
Jun 15, 2012
Sold by
Thomas Zenna Mae
Bought by
Telm Llc
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
Hileman Jerome C $550,000 Chicago Title
Telm Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fontaine Mark E $150,000
Open Hileman Jerome C $548,250
Previous Owner Fontaine Mark E $301,650
Previous Owner Fontaine Mark E $400,000
Previous Owner Fontaine Mark E $400,000
Previous Owner Fontaine Mark Edward $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/03/2021 09/03/21 Sold $550,000 0.0% $105 / Sq Ft
09/03/2021 09/03/21 Sold $550,000 0.0% $105 / Sq Ft
08/01/2021 08/01/21 Pending -- -- --
07/01/2021 07/01/21 Pending -- -- --
06/25/2021 06/25/21 For Sale $550,000 0.0% $105 / Sq Ft
06/23/2021 06/23/21 For Sale $550,000 -- $105 / Sq Ft
Source: New River Valley 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
2024 $2,860 $560,700 $56,500 $504,200
2023 $2,860 $553,200 $56,500 $496,700
2022 $2,860 $560,700 $56,500 $504,200
2021 $3,097 $573,600 $56,500 $517,100
2020 $3,097 $573,600 $56,500 $517,100
2019 $3,097 $573,600 $56,500 $517,100
2018 $3,097 $573,600 $56,500 $517,100
2017 $2,811 $0 $0 $0
2016 $2,785 $0 $0 $0
2015 -- $568,400 $0 $0
2014 -- $0 $0 $0
2012 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2021

    Christopher Fox

    BHHS- Mountain Sky Properties, Wytheville

    (276) 617-0189

    118 in this area

    209 Total Sales

    Christopher Fox
    Section Image
  • Mike Thomas

    Seller Co-Listing Agent in 2021

    Mike Thomas

    BHHS- Mountain Sky Properties, Wytheville

    (772) 215-0536

    12 in this area

    35 Total Sales

    Mike Thomas
    Section Image
  • Tina Hayes

    Buyer's Agent in 2021

    Tina Hayes

    BHHS- Mountain Sky Properties, Wytheville

    (276) 620-0013

    14 in this area

    56 Total Sales

    Tina Hayes
    Section Image
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Map

Source: New River Valley Association of REALTORS®

MLS Number: 412398

New River Valley Association of REALTORS®

APN: 041A-078-0000-0036

Virginia Wythe County Wytheville 24382

550 Loretto Dr, Wytheville, VA

This home is located at 550 Loretto Dr, Wytheville, VA 24382 since 25 June 2021 and is currently estimated at $686,563, approximately $131 per square foot. This property was built in 2004. 550 Loretto Dr is a home located in Wythe County with nearby schools including Spiller Elementary School, Scott Memorial Middle School, and George Wythe High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

New River Valley Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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