NOT LISTED FOR SALE

5626 Loma Linda Ln Big Stone Gap, VA 24219

Estimated Value: $503,000 - $780,964

5 Beds
5 Baths
4,670 Sq Ft
$141/Sq Ft Est. Value

Last Sold November 22, 2019

Last sale price $500,000 $107 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $3,803/month

63 Days on Market

Highlights

  • Barn
  • 86.1 Acre Lot
  • Deck
  • Stables
  • Chalet
  • Pond

About This Home

As of November 2019

Gracious house ina very private setting on 86.1 acres of beautiful wooded land. 4200 sq feet of living space, 3 bedroom suites, plus 2 additional rooms that would be very suitable for bedrooms and 2 additional half baths. Large sunroom, spacious living room and modern kitchen, hardwood and ceramic flooring throughout and attached 3car garage. Property also has 10 stall horse barn with tack room, feed room, and maintance area. Well stocked pond and mountain stream. Wildlife paradise with the privacy you are looking for. Majority of furniture will remain with the house. Pre-qualified buyers only.

Last Agent to Sell the Property

Jim Cornett

Lonesome Pine Realty License #0225086914 Listed on: 08/22/2019

Last Buyer's Agent

Virgil Rains

Stephenson Realty & Auction

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,533

Year Built

  • Built in 2007

Lot Details

  • 86.1 Acre Lot
  • Cleared Lot
  • Wooded Lot
  • Property is in good condition

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

  • Chalet
  • Wood Walls
  • Slate Roof
  • Wood Roof
  • Wood Siding
  • Stone Veneer

Interior Spaces

  • 4,670 Sq Ft Home
  • 1.5-Story Property
  • Skylights
  • Gas Log Fireplace
  • Insulated Windows
  • Window Treatments
  • Entrance Foyer
  • Living Room with Fireplace
  • Home Office
  • Recreation Room with Fireplace
  • Heated Sun or Florida Room
  • Exterior Basement Entry
  • Walkup Attic

Kitchen

  • Double Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Trash Compactor

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Garden Bath

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • Pond
  • Balcony
  • Deck
  • Patio
  • Gazebo
  • Shed
  • Outbuilding

Schools

  • Union Elementary And Middle School
  • Union High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Private Sewer
  • Cable TV Available

Additional Features

  • Barn
  • Stables

Community Details

  • FHA/VA Approved Complex

Listing and Financial Details

  • Assessor Parcel Number 017090

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,533

Year Built

Built in 2007

Lot Details

0

Parking

3

Listing Details

  • Directions: From US23 at Big Stone Gap (Union High School) exit turn east on art 610 (Powell Valley Rd) for approx. 3 miles. Turn right on Egan Rd, less than 1 mile left on Loma Linda Lane. Must have appointment to go beyond this point.
  • Prop. Type: Residential
  • Year Built: 2007
  • Garage Garage Spaces: 3
  • Property Sub Type: Single Family Residence
  • Architectural Style: Chalet
  • Unit Levels: One and One Half
  • New Construction: No
  • Reso Structure Type: House
  • Contract Info Foreclosure: No
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Acres: 86.1
  • General Property Description Zoning2: R
  • General Property Description Elementary School3: Union
  • General Property Description Middle School2: Union
  • General Property Description High School3: Union
  • Property Condition Above Average: Yes
  • Water Public: Yes
  • General Property Description Lot Dimensions: 86.1
  • General Property Description Home Warranty: No
  • General Property Description Total SqFt Finished: 4670.0
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Flooring Hardwood: Yes
  • General Property Description Parcel ID2: 017090
  • AC Heat Pump3: Yes
  • Financing FHA: Yes
  • Other Structures Outbuilding: Yes
  • Other Structures Shed(s): Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Other Rooms Laundry: Yes
  • Utilities Cable Available: Yes
  • TopographyLot Description Cleared: Yes
  • Walls Wood3: Yes
  • Other Structures Barn(s): Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Fireplace Recreation Room2: Yes
  • Flooring Ceramic Tile: Yes
  • Other Structures Storage2: Yes
  • Sewer Private Sewer: Yes
  • Other Structures Stable(s): Yes
  • TopographyLot Description Wooded: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • TopographyLot Description Farm Pond: Yes
  • Other Structures Gazebo: Yes
  • RoofSlate: Yes
  • Levels One and One Half: Yes
  • Roof Wood2: Yes
  • Rooms:Office2: Yes
  • Structure Type:House: Yes
  • Special Features: None

Interior Features

  • Appliances: Cooktop, Dishwasher, Double Oven, Dryer, Microwave, Refrigerator, Trash Compactor, Washer
  • Has Basement: Exterior Entry
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Primary Downstairs, Entrance Foyer, Garden Tub, Granite Counters, Kitchen Island, Security System, Smoke Detector(s), Walk-In Closet(s)
  • Window Features: Insulated Windows, Skylight(s), Window Treatments
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace Features: Gas Log, Living Room, Recreation Room
  • Total Bedrooms: 11
  • General Property Description Baths - Full: 3
  • InteriorFeatures:Smoke Detector(s): Yes
  • Appliances Dishwasher: Yes
  • General Property Description Baths - 12: 2
  • Interior Features:Walk-In Closet(s): Yes
  • Fireplace:Gas Log: Yes
  • Fireplace:Living Room: Yes
  • Interior Features:Granite Counters: Yes
  • Basement:Exterior Entry: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Kitchen Island: Yes
  • Appliances:Cooktop: Yes
  • Attic Features:Attic Walk-Up: Yes
  • Other Rooms:Sun Room - Heated: Yes
  • Interior Features Security System2: Yes
  • Appliances:Double Oven: Yes
  • Interior Features:Primary Downstairs: Yes
  • Interior Features Garden Tub: Yes
  • Appliances:Trash Compactor: Yes

Exterior Features

  • Property Condition: Above Average
  • Roof: Slate, Wood
  • Other Structures: Stable(s), Barn(s), Gazebo, Outbuilding, Shed(s), Storage
  • Exterior Features: Balcony
  • Acres: 86.1
  • Topography: Farm Pond, Cleared, Wooded
  • Home Warranty: No
  • Construction Type: Stone Veneer, Wood Siding
  • Patio And Porch Features: Deck, Patio
  • Exterior Finish Wood Siding: Yes
  • Window Features:Insulated Windows: Yes
  • PorchPatioDeck Deck: Yes
  • Exterior Finish Stone Veneer: Yes
  • Window Features:Window Treatments: Yes
  • Window Features:Skylight(s): Yes
  • Exterior Features:Balcony: Yes
  • PorchPatioDeck Patio: Yes

Garage/Parking

  • Parking Features: Asphalt, Attached, Garage Door Opener
  • Sq Ft DetailsGarageTotalSq Ft: 1380
  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Parking Features:Asphalt2: Yes
  • Parking Features:Attached: Yes
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Heating: Heat Pump
  • Sewer: Private Sewer
  • Utilities: Cable Available
  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Heat Pump2: Yes

Schools

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

Lot Info

  • Zoning: R
  • Lot Dimensions: 86.1
  • Lot Size Sq Ft: 3750516.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 017090
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2019
Closed on
Nov 22, 2019
Sold by
Kotay Sreenivasan C
Bought by
Hall David A
Seller's Agent
Jim Cornett
Lonesome Pine Realty
Buyer's Agent
Virgil Rains
Stephenson Realty & Auction
List Price
$590,000
Sold Price
$500,000
Premium/Discount to List
-$90,000
-15.25%
Current Estimated Value
$640,925

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,925
Avg. Annual Appreciation
3.26%
Original Mortgage
$200,000
Outstanding Balance
$177,888
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$422,987

Purchase Details

Closed on
Jul 11, 2019
Sold by
Kotay Pamela Fawbush
Bought by
Kotay Sreenivasan C

Purchase Details

Closed on
Mar 4, 2016
Sold by
Kotay Sreenivasan C
Bought by
Kotay Sreenivasan C and Kotay Pamela Fawbush

Purchase Details

Closed on
Sep 8, 2008
Sold by
Kotay Sheila and Kotay Sreenivasan C
Bought by
Kotay Sreenivasan C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$503,779
Interest Rate
8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 7, 2006
Sold by
County Of Wise
Bought by
County Of Wise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,400
Interest Rate
6.47%
Mortgage Type
Construction
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
Hall David A $500,000 None Available
Kotay Sreenivasan C $23,905 None Available
Kotay Sreenivasan C -- None Available
Kotay Sreenivasan C -- None Available
County Of Wise -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hall David A $200,000
Previous Owner Kotay Sreenivasan C $503,779
Previous Owner Kotay Shelia $350,400
Previous Owner Kotay Sheila $249,000
Previous Owner Kotay Sheila $132,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2019 11/22/19 Sold $500,000 -15.3% $107 / Sq Ft
10/25/2019 10/25/19 Pending -- -- --
08/22/2019 08/22/19 For Sale $590,000 -- $126 / 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 $3,533 $512,000 $87,900 $424,100
2023 $3,533 $512,000 $87,900 $424,100
2022 $3,533 $512,000 $87,900 $424,100
2021 $3,422 $495,900 $87,900 $408,000
2020 $3,422 $495,900 $87,900 $408,000
2019 $3,299 $478,100 $87,900 $390,200
2018 $2,964 $478,100 $87,900 $390,200
2017 $2,869 $478,100 $87,900 $390,200
2016 $2,869 $478,100 $87,900 $390,200
2015 -- $478,100 $87,900 $390,200
2010 -- $478,100 $95,900 $382,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 426258

Tennessee/Virginia Regional MLS

APN: R017090