NOT LISTED FOR SALE

5501 Back Valley Rd Big Stone Gap, VA 24219

Estimated Value: $219,000 - $241,210

3 Beds
2 Baths
1,934 Sq Ft
$117/Sq Ft Est. Value

Last Sold September 30, 2021

Last sale price $184,000 $95 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $1,335/month

13 Days on Market

Highlights

  • Open Floorplan
  • Wood Flooring
  • Paneling
  • Deck
  • Front Porch
  • Walk-In Closet

About This Home

As of September 2021

BREATHTAKING VIEWS IN THE VALLEY...this 3 bedroom, 2 bath home awaits it's new owner! Excellent location and move-in ready.
Call your favorite agent to book your private showing today!! Information taken from sellers and public records should be verified by buyer and buyer's agent.

Last Agent to Sell the Property

Randy Wampler

REMAX Cavaliers Listed on: 07/20/2021

REMAX Cavaliers

Co-Listed By

Yvonne Wampler

REMAX Cavaliers License #0225218122

Last Buyer's Agent

Jerry Armstrong

Southern Heritage Bank License #267906

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,212

Year Built

  • Built in 1987

Lot Details

  • 1 Acre Lot
  • Lot Has A Rolling Slope
  • Garden
  • Property is in average condition
  • Property is zoned A-R

Parking

  • Carport

Home Design

  • Split Foyer
  • Brick Exterior Construction
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Wired For Data
  • Paneling
  • Combination Kitchen and Dining Room
  • Utility Room
  • Washer and Electric Dryer Hookup
  • Partially Finished Basement

Kitchen

  • Electric Range
  • Microwave

Flooring

  • Wood
  • Laminate
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Patio
  • Front Porch

Schools

  • Union Elementary And Middle School
  • Union High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Propane
  • Heat Pump System
  • Baseboard Heating

Community Details

  • FHA/VA Approved Complex

Listing and Financial Details

  • Assessor Parcel Number 015312

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,212

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Directions: From US23 S take Exit 2 and turn left onto Powell Valley Road. Travel 3.5 miles then turn left onto Back Valley Road. 0.5 miles house is on the right at realtor sign.
  • Prop. Type: Residential
  • Year Built: 1987
  • Property Sub Type: Single Family Residence
  • Co List Office Mls Id: 715
  • Co List Office Phone: 276-321-7010
  • Subdivision Name: Not In Subdivision
  • Architectural Style: Split Foyer
  • Unit Levels: Two
  • New Construction: No
  • Reso Structure Type: House
  • Contract Info Foreclosure: No
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Acres: 1.0
  • General Property Description Zoning2: A-R
  • General Property Description Elementary School3: Union
  • General Property Description Middle School2: Union
  • General Property Description High School3: Union
  • Water Public: Yes
  • General Property Description Lot Dimensions: Approx 1 acre (surveyed)
  • General Property Description Home Warranty: No
  • General Property Description Total SqFt Finished: 1934.0
  • General Property Description Above Grade SqFt: 1234.0
  • AC Central Air: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Flooring Hardwood: Yes
  • General Property Description Parcel ID2: 015312
  • Financing FHA: Yes
  • Interior Features KitchenDining Combo: Yes
  • TopographyLot Description Rolling Slope: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Flooring Laminate: Yes
  • Style Split Foyer: Yes
  • Roof Metal3: Yes
  • Flooring Vinyl: Yes
  • Walls Paneling: Yes
  • Property Condition Average: Yes
  • Flooring Ceramic Tile: Yes
  • Heating Propane3: Yes
  • Levels:Two: Yes
  • Structure Type:House: Yes
  • Special Features: None

Interior Features

  • Appliances: Electric Range, Microwave, Refrigerator
  • Has Basement: Partially Finished
  • Flooring: Ceramic Tile, Hardwood, Laminate, Vinyl
  • Interior Amenities: Kitchen/Dining Combo, Open Floorplan, Walk-In Closet(s), Wired for Data
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 700.0
  • Total Bedrooms: 5
  • General Property Description Baths - Full: 2
  • Interior Features:Walk-In Closet(s): Yes
  • Basement:Partially Finished: Yes
  • Interior Features:Open Floorplan: Yes
  • Appliances:Electric Range: Yes
  • Other Rooms:Utility Room: Yes
  • Interior Features:Wired for Data: Yes

Exterior Features

  • Property Condition: Average
  • Roof: Metal
  • Exterior Features: Garden
  • Acres: 1.0
  • Topography: Rolling Slope
  • Home Warranty: No
  • Construction Type: Brick, Vinyl Siding
  • Patio And Porch Features: Back, Deck, Front Porch
  • Exterior Finish Brick4: Yes
  • Exterior Finish Vinyl Siding: Yes
  • Exterior Features:Garden: Yes
  • PorchPatioDeck Back: Yes
  • PorchPatioDeck Deck: Yes
  • PorchPatioDeck Front Porch: Yes

Garage/Parking

  • Parking Features: Asphalt, Carport
  • Attached Garage: No
  • Parking Features:Asphalt2: Yes
  • Parking Features:Carport: Yes

Utilities

  • Heating: Baseboard, Central, Heat Pump, Propane
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Heat Pump2: Yes
  • Heating:Baseboard: Yes

Schools

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

Lot Info

  • Zoning: A-R
  • Lot Dimensions: Approx 1 acre (surveyed)
  • Lot Size Sq Ft: 43560.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 015312
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2021
Closed on
Sep 27, 2021
Sold by
Franklin Gregory Allen and Franklin Hubert
Bought by
West William Henry and West Sandra
Seller's Agent
Randy Wampler
REMAX Cavaliers
Buyer's Agent
Jerry Armstrong
Southern Heritage Bank
List Price
$179,000
Sold Price
$184,000
Premium/Discount to List
$5,000
2.79%
Current Estimated Value
$226,553

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,553
Avg. Annual Appreciation
5.96%
Original Mortgage
$144,000
Outstanding Balance
$132,731
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$97,737

Purchase Details

Listed on
Jul 20, 2021
Closed on
Aug 11, 2021
Sold by
Franklin Gregory Allen and Franklin Hubert
Bought by
Franklin Gregory Allen and Franklin Hubert
Seller's Agent
Randy Wampler
REMAX Cavaliers
Buyer's Agent
Jerry Armstrong
Southern Heritage Bank
List Price
$179,000
Sold Price
$184,000
Premium/Discount to List
$5,000
2.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Outstanding Balance
$132,731
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$97,737
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
West William Henry $184,000 None Available
Franklin Gregory Allen -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open West William Henry $144,000
Closed West William Henry $144,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2021 09/30/21 Sold $184,000 +2.8% $95 / Sq Ft
08/03/2021 08/03/21 Pending -- -- --
07/20/2021 07/20/21 For Sale $179,000 -- $93 / 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
2024 $1,212 $175,600 $23,200 $152,400
2023 $1,195 $175,600 $23,200 $152,400
2022 $1,195 $173,200 $23,200 $150,000
2021 $753 $109,200 $29,500 $79,700
2020 $753 $109,200 $29,500 $79,700
2019 $753 $109,200 $29,500 $79,700
2018 $677 $109,200 $29,500 $79,700
2017 $456 $109,200 $29,500 $79,700
2016 $456 $109,300 $29,500 $79,800
2015 -- $109,300 $29,500 $79,800
2010 -- $109,300 $29,500 $79,800
Source: Public Records

Agents Affiliated with this Home

  • Randy Wampler

    Seller's Agent in 2021

    Randy Wampler

    RE/MAX

    (276) 870-5375

    14 in this area

    133 Total Sales

    Section Image
  • Yvonne Wampler

    Seller Co-Listing Agent in 2021

    Yvonne Wampler

    RE/MAX

    (276) 870-6739

    7 in this area

    103 Total Sales

    Section Image

  • J

    Buyer's Agent in 2021

    Jerry Armstrong

    Southern Heritage Bank

    (423) 745-3008

    1 in this area

    85 Total Sales

    Section Image

  • A

    Buyer's Agent in 2021

    Angie Gibson

    Tellico Plains Realty

  • A

    Buyer's Agent in 2021

    Alana Hash

    Town & Country Realty - Downtown

    (276) 708-8153

    1 in this area

    24 Total Sales

    Section Image

  • O

    Buyer's Agent in 2021

    Owen Allen

    Crye-Leike, REALTORS

See All Agents

Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 9925839

Tennessee/Virginia Regional MLS

APN: R015312

Virginia Wise County Big Stone Gap 24219

5501 Back Valley Rd, Big Stone Gap, VA

This home is located at 5501 Back Valley Rd, Big Stone Gap, VA 24219 since 20 July 2021 and is currently estimated at $226,553, approximately $117 per square foot. This property was built in 1987. 5501 Back Valley Rd is a home located in Wise County.

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.

Tennessee/Virginia Regional MLS 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. Some or all of the listings displayed may not belong to the firm whose website is being visited
Listing information is deemed reliable, but not guaranteed.

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