NOT LISTED FOR SALE

5638 W Lee Hwy Rural Retreat, VA 24368

Estimated Value: $267,000 - $398,275

5 Beds
2 Baths
2,690 Sq Ft
$128/Sq Ft Est. Value

Last Sold October 28, 2022

Last sale price $317,500 $118 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,937/month

83 Days on Market

Highlights

  • Barn
  • Horses Allowed On Property
  • Deck
  • Rural Retreat High School Rated 9+
  • 12.92 Acre Lot
  • Farm

About This Home

As of October 2022

Located just minutes from Wytheville and Rural Retreat let this 12.952-acre mini farm be your new home. Bring your horses, cattle, sheep, dogs, and any other animal that suits your fancy. The home features 6 bedrooms and two baths, a large spacious kitchen, a cozy den with a fireplace, and a master on the main. Upstairs you will find an additional two bedrooms and a great room. The property is fenced and has outbuildings and a barn.

Last Agent to Sell the Property

Jeffrey Caudill

RE/MAX Landmark Real Estate License #0225078634 Listed on: 06/18/2022

RE/MAX Landmark Real Estate

Last Buyer's Agent

Ben Caudill

RE/MAX Landmark Real Estate License #0225223639

RE/MAX Landmark Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $855

Year Built

  • Built in 2006

Lot Details

  • 12.92 Acre Lot
  • Level Lot
  • Garden
  • Property is in good condition

Parking

  • 3 Car Detached Garage
  • Open Parking

Home Design

  • Traditional Architecture
  • Block Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,690 Sq Ft Home
  • 2-Story Property
  • Ventless Fireplace
  • Gas Log Fireplace
  • Tilt-In Windows
  • Window Treatments
  • Living Room
  • Dining Room
  • Laminate Flooring
  • Laundry on main level

Kitchen

  • Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Bathroom on Main Level
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Outbuilding
  • Porch

Schools

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

Farming

  • Barn
  • Farm

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Cooling Available
  • Heat Pump System
  • Propane
  • Well
  • Electric Water Heater
  • Septic Tank
  • High Speed Internet

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 20A

Home Details

Home Type

Single Family

Est. Annual Taxes

$855

Year Built

Built in 2006

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Horses: Yes
  • Lot Size Acres: 12.92
  • Road Surface Type: Paved
  • Directions: From the intersection of 12th and US 21 south in Wytheville take W. Lee Hwy/US-11 south for 9.28 miles. Turn right on Blevins Ln. Follow road to property. See sign.
  • Above Grade Finished Sq Ft: 2690
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: Yes
  • Building Stories: 2
  • Year Built: 2006
  • Kitchen Level: Main
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Range/Oven, Microwave, Refrigerator, Electric Water Heater
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace Features: Gas Log, Ventless
  • Fireplace: Yes
  • Flooring: Laminate
  • Interior Amenities: High Speed Internet
  • Living Area: 2690
  • Window Features: Tilt Windows, Some Window Treatments
  • Room Bedroom4 Level: Upper
  • Living Room Living Room Level: First
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom3 Level: First
  • Bathroom 2 Level: First
  • Room Bedroom2 Level: First
  • Room Family Room Level: First
  • Bathroom Level: First
  • Dining Room Dining Room Level: First

Exterior Features

  • Lot Features: Level, Farm
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: Property Disclosure
  • Construction Type: Vinyl Siding
  • Exterior Features: Horses Allowed, Garden
  • Foundation Details: Block
  • Other Structures: Outbuilding, Barn(s)
  • Patio And Porch Features: Open Deck, Porch Open
  • Property Condition: Exterior Condition: Good, Interior Condition: Good
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Open Parking: Yes
  • Parking Features: Aggregate, Detached
  • Total Parking Spaces: 3

Utilities

  • Laundry Features: First Level
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Heat Pump, Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Propane
  • 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: 562795.2
  • Zoning: none
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 854.55
  • Tax Lot: 20A
  • Tax Map Number: 037-000-0000-0020A
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2022
Closed on
Oct 28, 2022
Sold by
Grubb Sara H and Grubb Ronald E
Bought by
Remaley Derek Patrick and Remaley Courtney Dawn
Seller's Agent
Jeffrey Caudill
RE/MAX Landmark Real Estate
Buyer's Agent
Ben Caudill
RE/MAX Landmark Real Estate
List Price
$489,000
Sold Price
$317,500
Premium/Discount to List
-$171,500
-35.07%
Current Estimated Value
$345,569

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,069
Avg. Annual Appreciation
3.36%
Original Mortgage
$328,930
Outstanding Balance
$314,525
Interest Rate
4%
Mortgage Type
VA
Estimated Equity
$34,641

Purchase Details

Closed on
Jan 20, 2012
Sold by
Fannie Mae
Bought by
Grubb Sara H and Grubb Ronald E
Source: Public Records

Range of Values:

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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
Remaley Derek Patrick $317,500 North American Title
Grubb Sara H $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Remaley Derek Patrick $328,930
Previous Owner Grubb Sara H $60,000
Previous Owner Grubb Ronald E $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2022 10/28/22 Sold $317,500 -35.1% $118 / Sq Ft
09/12/2022 09/12/22 Pending -- -- --
06/20/2022 06/20/22 For Sale $489,000 -- $182 / Sq Ft
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 $1,149 $225,200 $28,600 $196,600
2023 $1,331 $204,300 $28,600 $175,700
2022 $1,331 $289,600 $93,000 $196,600
2021 $1,047 $222,600 $93,000 $129,600
2020 $1,047 $222,600 $93,000 $129,600
2019 $1,047 $222,600 $93,000 $129,600
2018 $855 $222,600 $93,000 $129,600
2017 $775 $0 $0 $0
2016 -- $0 $0 $0
2015 -- $192,600 $0 $0
2014 -- $0 $0 $0
2012 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jeffrey Caudill

    Seller's Agent in 2022

    Jeffrey Caudill

    RE/MAX

    (276) 620-5625

    19 in this area

    178 Total Sales

    Jeffrey Caudill
    Section Image
  • Ben Caudill

    Buyer's Agent in 2022

    Ben Caudill

    RE/MAX

    (276) 620-9493

    19 in this area

    85 Total Sales

    Ben Caudill
    Section Image
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Map

Source: Southwest Virginia Association of REALTORS®

MLS Number: 83161

APN: 037-000-0000-0020A

Virginia Wythe County Rural Retreat 24368

5638 W Lee Hwy, Rural Retreat, VA

This home is located at 5638 W Lee Hwy, Rural Retreat, VA 24368 since 18 June 2022 and is currently estimated at $345,569, approximately $128 per square foot. This property was built in 2006. 5638 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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