NOT LISTED FOR SALE

5557 W Lee Hwy Rural Retreat, VA 24368

Estimated Value: $152,000 - $355,106

3 Beds
2 Baths
1,529 Sq Ft
$166/Sq Ft Est. Value

Last Sold June 07, 2022

Last sale price $320,000 $209 Per Sq Ft

Est. 22% decrease in value since last sale

Current estimated payment $1,413/month

2 Days on Market

Highlights

  • RV Access or Parking
  • 1.5 Acre Lot
  • Newly Painted Property
  • Rural Retreat High School Rated 9+
  • Mature Trees
  • No HOA

About This Home

As of June 2022

Completely renovated and updated 3 bedroom 2 bath Craftsman home on 1 1/2 acres located conveniently between Rural Retreat and Wytheville! This home has been meticulously and carefully crafted to suit families of all sizes with an open concept floor plan, sizable rooms, high ceilings, one-level living, and fresh, modern touches that make it feel like home. Interior amenities include gorgeous hardwood floors, high baseboards and original trims, tons of natural light, custom tile showers, and a dream kitchen complete with stainless steel appliances. Do not miss this opportunity!

Last Agent to Sell the Property

Ryan Cummins

RE/MAX Landmark Real Estate Listed on: 04/22/2022

RE/MAX Landmark Real Estate

Last Buyer's Agent

Sherry Long

United Country Anders Realty & Auction

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $612

Year Built

  • Built in 1940

Lot Details

  • 1.5 Acre Lot
  • Level Lot
  • Mature Trees
  • Garden

Home Design

  • Bungalow
  • Newly Painted Property
  • Brick Exterior Construction
  • Block Foundation
  • Fire Rated Drywall
  • Shingle Roof

Interior Spaces

  • 1,529 Sq Ft Home
  • 1-Story Property
  • Insulated Windows
  • Tilt-In Windows
  • Living Room
  • Dining Room
  • Tile Flooring
  • Laundry on main level

Kitchen

  • Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Parking

  • Attached Carport
  • Paved Parking
  • Open Parking
  • RV Access or Parking

Outdoor Features

  • Covered patio or porch
  • Shed

Schools

  • Rural Retreat Elementary And Middle School
  • Rural Retreat High School

Utilities

  • Central Air
  • Heat Pump System
  • Natural Gas Not Available
  • Well
  • Electric Water Heater
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$612

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.5
  • Road Surface Type: Paved
  • Directions: From I-81 South take Rural Retreat exit 60. Left off exit to stoplight, turn left onto West lee Highway and continue for 2 miles, sign in the yard home is on the right.
  • Above Grade Finished Sq Ft: 1529
  • Architectural Style: Bungalow
  • Carport Y N: Yes
  • Garage Yn: No
  • Building Stories: 1
  • Year Built: 1940
  • Kitchen Level: First
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Range/Oven, Microwave, Refrigerator, Electric Water Heater
  • Has Basement: Full, Interior Entry, Exterior Entry, Unfinished, Walk-Out Access
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1329
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Tile
  • Interior Amenities: Newer Paint, High Speed Internet
  • Living Area: 1529
  • Window Features: Insulated Windows, Tilt Windows, No Window Treatments
  • Living Room Living Room Level: First
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom3 Level: First
  • Bathroom 2 Level: First
  • Room Bedroom2 Level: First
  • Bathroom Level: First
  • Dining Room Dining Room Level: First

Exterior Features

  • Lot Features: Rolling/Sloping, Level
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: Property Disclosure
  • Construction Type: Brick, Dry Wall
  • Exterior Features: Garden, Mature Trees
  • Foundation Details: Block
  • Other Structures: Shed(s)
  • Patio And Porch Features: Porch Covered
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: RV Access/Parking, Paved, Attached Carport

Utilities

  • Laundry Features: First Level
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cable Connected, Natural Gas Not Available
  • Water Source: Well

Condo/Co-op/Association

  • Association: No

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Rural Retreat
  • High School: Rural Retreat
  • Middle Or Junior School: Rural Retreat

Lot Info

  • Lot Size Sq Ft: 65340
  • Zoning: R
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 611.82
  • Tax Map Number: 037-000-0000-0063
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2022
Closed on
Jun 6, 2022
Sold by
House To Home Investments Llc
Bought by
Ginn John Paul and Ginn Sherri D
Seller's Agent
Ryan Cummins
RE/MAX Landmark Real Estate
Buyer's Agent
Sherry Long
United Country Anders Realty & Auction
List Price
$329,900
Sold Price
$320,000
Premium/Discount to List
-$9,900
-3%
Current Estimated Value
$248,955

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$71,045
Avg. Annual Appreciation
-0.47%
Original Mortgage
$324,000
Outstanding Balance
$310,077
Interest Rate
5.11%
Mortgage Type
New Conventional
Estimated Equity
$5,208

Purchase Details

Listed on
May 7, 2021
Closed on
Jun 10, 2021
Sold by
Melton Donna Jean
Bought by
House To Home Investments Llc
Seller's Agent
Ryan Cummins
RE/MAX Landmark Real Estate
Buyer's Agent
Ryan Cummins
RE/MAX Landmark Real Estate
List Price
$115,000
Sold Price
$113,300
Premium/Discount to List
-$1,700
-1.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
188.48%
Original Mortgage
$146,706
Interest Rate
2.9%
Mortgage Type
Credit Line Revolving
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
Ginn John Paul $320,000 New Title Company Name
House To Home Investments Llc $113,300 New Century Title & Stlmnt
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ginn John Paul $324,000
Previous Owner House To Home Investments Llc $146,706
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2022 06/07/22 Sold $320,000 -3.0% $209 / Sq Ft
04/25/2022 04/25/22 Pending -- -- --
04/22/2022 04/22/22 For Sale $329,900 +191.2% $216 / Sq Ft
06/14/2021 06/14/21 Sold $113,300 -1.5% $85 / Sq Ft
05/07/2021 05/07/21 For Sale $115,000 -- $87 / Sq Ft
05/06/2021 05/06/21 Pending -- -- --
Source: Southwest Virginia 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 $594 $116,400 $24,000 $92,400
2023 $594 $107,100 $24,000 $83,100
2022 $594 $116,400 $24,000 $92,400
2021 $612 $113,300 $24,000 $89,300
2020 $612 $113,300 $24,000 $89,300
2019 $612 $113,300 $24,000 $89,300
2018 $612 $113,300 $24,000 $89,300
2017 $555 $0 $0 $0
2016 -- $0 $0 $0
2015 -- $113,300 $0 $0
2014 -- $0 $0 $0
2012 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2022

    Ryan Cummins

    RE/MAX

    Section Image

  • S

    Buyer's Agent in 2022

    Sherry Long

    United Country Anders Realty & Auction

See All Agents

Map

Source: Southwest Virginia Association of REALTORS®

MLS Number: 82403

APN: 037 -000-0000-0063

Virginia Wythe County Rural Retreat 24368

5557 W Lee Hwy, Rural Retreat, VA

This home is located at 5557 W Lee Hwy, Rural Retreat, VA 24368 since 22 April 2022 and is currently estimated at $253,553, approximately $165 per square foot. This property was built in 1940. 5557 W Lee Hwy is a home located in Wythe County with nearby schools including Rural Retreat Elementary School, Rural Retreat Middle School, and Rural Retreat High School.

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