NOT LISTED FOR SALE

5511 Paramont Rd Wise, VA 24293

Estimated Value: $330,000 - $555,000

4 Beds
3.5 Baths
3,600 Sq Ft
$120/Sq Ft Est. Value

Last Sold July 11, 2019

Last sale price $265,000 $74 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $2,236/month

447 Days on Market

Highlights

  • Sauna
  • Fireplace in Primary Bedroom
  • Traditional Architecture
  • 3.95 Acre Lot
  • Recreation Room
  • Covered Patio or Porch

About This Home

As of July 2019

This 2 story brick home is one of a kind with it's quality construction and location in Paramont subdivision, near UVAWise features 3600 finished sq. ft, 4 bedrooms 3-1/2 baths, Hot tub,2 car garage. and more! all on approximately 1 acre this is a great home with lots of possibilities, Owner says sell, call us to see this home and make an offer!

Last Agent to Sell the Property

Douglas Stallard

Ridgeview Real Estate License #0225077836 Listed on: 04/16/2018

Last Buyer's Agent

Yvonne Wampler

REMAX Cavaliers License #0225218122

REMAX Cavaliers

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,242

Year Built

  • Built in 1975

Lot Details

  • 3.95 Acre Lot
  • Landscaped
  • Level Lot
  • Property is in average condition

Parking

  • 2 Car Attached Garage

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 2-Story Property
  • Built-In Features
  • Bar
  • Paneling
  • Entrance Foyer
  • Den with Fireplace
  • 2 Fireplaces
  • Recreation Room
  • Workshop
  • Sauna
  • Dryer

Kitchen

  • Range
  • Dishwasher
  • Kitchen Island
  • Laminate Countertops

Flooring

  • Parquet
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom

Finished Basement

  • Heated Basement
  • Walk-Out Basement

Outdoor Features

  • Covered Patio or Porch
  • Shed
  • Outbuilding

Schools

  • Wise Elementary School
  • L. F. Addington Middle School
  • Central High School

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Septic Tank
  • Cable TV Available

Community Details

  • Property has a Home Owners Association
  • FHA/VA Approved Complex

Listing and Financial Details

  • Assessor Parcel Number 010305

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,242

Year Built

Built in 1975

Lot Details

0

Parking

2

Listing Details

  • Directions: Go past UVAWise, turn on Paramont Drive, home at the end of street on the upper level of the subdivision!
  • Prop. Type: Residential
  • Year Built: 1975
  • Garage Garage Spaces: 2
  • Property Sub Type: Single Family Residence
  • Reso Association Amenities: Landscaping
  • Architectural Style: Traditional
  • 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: 3.95
  • General Property Description Zoning2: residential
  • General Property Description Elementary School3: Wise Elementary
  • General Property Description Middle School2: L. F. Addington
  • General Property Description High School3: Central (Wise, Va)
  • Water Public: Yes
  • General Property Description Lot Dimensions: see acres
  • General Property Description Home Warranty: No
  • General Property Description Total SqFt Finished: 3600.0
  • General Property Description Above Grade SqFt: 2282.0
  • AC Central Air: Yes
  • Appliances Refrigerators: Yes
  • TopographyLot Description Level2: Yes
  • General Property Description Parcel ID2: 010305
  • General Property Description # Fireplaces: 2
  • Roof Shingle: Yes
  • AC Heat Pump3: Yes
  • Financing FHA: Yes
  • General Property Description Stories2: 2
  • Other Structures Outbuilding: Yes
  • Other Structures Shed(s): Yes
  • Flooring Carpet: Yes
  • Utilities Cable Connected: Yes
  • Basement Heated2: Yes
  • Walls Paneling: Yes
  • Property Condition Average: Yes
  • Appliances Dryer: Yes
  • Other Structures Storage2: Yes
  • Other Rooms Recreation Room: Yes
  • Flooring Parquet: Yes
  • Other Rooms Sauna2: Yes
  • Levels:Two: Yes
  • Rooms:Office2: Yes
  • Structure Type:House: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Range, Refrigerator
  • Has Basement: Finished, Heated, Walk-Out Access
  • Flooring: Carpet, Parquet
  • Interior Amenities: Bar, Built-in Features, Entrance Foyer, Kitchen Island, Laminate Counters
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1318.0
  • Fireplace Features: Primary Bedroom, Den
  • Fireplaces: 2
  • Total Bedrooms: 9
  • General Property Description Baths - Full: 3
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • General Property Description Baths - 12: 1
  • Interior Features:Laminate Counters: Yes
  • Other Rooms:Workshop: Yes
  • Fireplace:Den: Yes
  • Basement:Walk-Out Access: Yes
  • Interior Features:Built-in Features: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Kitchen Island: Yes
  • Basement:Basement Finished2: Yes
  • InteriorFeatures:Bar: Yes
  • Fireplace Primary Bedroom2: Yes

Exterior Features

  • Property Condition: Average
  • Roof: Shingle
  • Other Structures: Outbuilding, Shed(s), Storage
  • Acres: 3.95
  • Topography: Level
  • Home Warranty: No
  • Construction Type: Brick
  • Patio And Porch Features: Back, Covered, Patio, Porch
  • Exterior Finish Brick4: Yes
  • PorchPatioDeck Back: Yes
  • PorchPatioDeck Covered: Yes
  • PorchPatioDeck Porch: Yes
  • PorchPatioDeck Patio: Yes

Garage/Parking

  • Parking Features: Asphalt, Attached
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features:Asphalt2: Yes
  • Parking Features:Attached: Yes

Utilities

  • Heating: Central, Heat Pump
  • Sewer: Septic Tank
  • Utilities: Cable Connected
  • Cooling: Central Air, Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association: Yes

Association/Amenities

  • AmenitiesLandscaping: Yes

Schools

  • Elementary School: Wise Elementary
  • High School: Central (Wise, Va)
  • Middle Or Junior School: L. F. Addington

Lot Info

  • Zoning: residential
  • Lot Dimensions: see acres
  • Lot Size Sq Ft: 172062.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 010305
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2018
Closed on
Jul 11, 2019
Sold by
Freeman Daniel Scott
Bought by
Pathan Karam
Seller's Agent
Douglas Stallard
Ridgeview Real Estate
Buyer's Agent
Yvonne Wampler
REMAX Cavaliers
List Price
$349,000
Sold Price
$265,000
Premium/Discount to List
-$84,000
-24.07%
Current Estimated Value
$375,938

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,938
Avg. Annual Appreciation
7.15%
Source: Public Records

Range of Values:

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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
Pathan Karam $265,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Freeman Daniel S $155,000
Previous Owner Freeman Daniel $125,025
Previous Owner Freeman Daniel $125,025
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2019 07/11/19 Sold $265,000 -24.1% $74 / Sq Ft
07/08/2019 07/08/19 Pending -- -- --
04/16/2018 04/16/18 For Sale $349,000 -- $97 / 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 $2,242 $324,900 $59,300 $265,600
2023 $2,242 $324,900 $59,300 $265,600
2022 $2,242 $324,900 $59,300 $265,600
2021 $2,113 $306,200 $59,300 $246,900
2020 $2,113 $306,200 $59,300 $246,900
2019 $2,113 $306,200 $59,300 $246,900
2018 $1,898 $306,200 $59,300 $246,900
2017 $1,807 $306,200 $59,300 $246,900
2016 $1,807 $301,100 $59,300 $241,800
2015 -- $301,100 $59,300 $241,800
2010 -- $281,800 $40,200 $241,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 405224

Tennessee/Virginia Regional MLS

APN: R010305