NOT LISTED FOR SALE

5656 Sam Snead Hwy Hot Springs, VA 24445

Estimated Value: $313,000 - $504,000

4 Beds
4 Baths
3,800 Sq Ft
$98/Sq Ft Est. Value

Last Sold August 31, 2018

Last sale price $185,000 $49 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $2,182/month

299 Days on Market

Highlights

  • Colonial Architecture
  • Front Porch
  • Level Lot
  • Balcony
  • Eat-In Kitchen

About This Home

As of August 2018

The Teachery was home to the elementary teachers of an era long gone by. Several years ago it was renovated into four (4) spacious one (1) bedroom units. Most recently, the units were refurbished. Three (3) of the units are fully furnished complete with wifi, Dish Network, A/C units, towels, linen and fully equipped kitchens and baths. These turn-key units have been sought after by the nearby resort for their middle management staffing needs as well as popular with Airbnb rentals.

Last Agent to Sell the Property

Page George

Select Properties of Virginia License #0225071990 Listed on: 09/14/2017

Last Buyer's Agent

Page George

Select Properties of Virginia License #0225071990 Listed on: 09/14/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $868

Year Built

  • Built in 1940

Lot Details

  • 1 Acre Lot
  • Level Lot

Home Design

  • Quadruplex
  • Colonial Architecture
  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 3,800 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Laminate Countertops

Parking

  • Open Parking
  • Parking Lot
  • Off-Street Parking

Outdoor Features

  • Balcony
  • Front Porch

Schools

  • None Elementary And Middle School
  • None High School

Utilities

  • Water Heater

Community Details

  • 4 Units
  • Common Area

Listing and Financial Details

  • Assessor Parcel Number 414100 Map 94A1 2 21

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$868

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Year Built: 1940
  • Lot Size Acres: 1.0
  • Ownership: Individuals
  • Subdivision Name: None
  • Architectural Style: Colonial, Two Story
  • Garage Yn: No
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: Actual
  • Property Sub Type Additional: Quadruplex
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement: Full
  • Appliances: Electric Water Heater
  • Basement YN: No
  • Interior Amenities: Eat-in Kitchen, Laminate Counters
  • Living Area: 3800.0
  • Stories: 2

Exterior Features

  • Roof: Shingle
  • Fencing: None
  • Lot Features: Level
  • Waterfront: No
  • Disclosures: Owner Is Listing Agent
  • Construction Type: Aluminum Siding, Block, Drywall
  • Patio And Porch Features: Balcony, Front Porch

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Off Street, Parking Lot

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Laundry Features: Common Area

Condo/Co-op/Association

  • Community Features: Common Grounds/Area, Laundry Facilities

Schools

  • Middle Or Junior School: None

Lot Info

  • Parcel Number: 414100 Map 94A1 2 21
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 868.32

Multi Family

  • Number Of Units Total: 4

MLS Schools

  • Elementary School: None
  • High School: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 24, 2020
Sold by
Reed Charles K and Reed Brandea N
Bought by
Rw Legacy Llc
Current Estimated Value
$377,725

Purchase Details

Listed on
Sep 14, 2017
Closed on
Aug 27, 2018
Sold by
Williams Karen R and Wallace Karen R
Bought by
Reed Charles K and Reed Brandea N
Seller's Agent
Page George
Select Properties of Virginia
Buyer's Agent
Page George
Select Properties of Virginia
List Price
$250,000
Sold Price
$185,000
Premium/Discount to List
-$65,000
-26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.94%
Original Mortgage
$138,750
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 22, 2007
Sold by
Wallace Michael D and Wallace Karen R
Bought by
Wallace Karen R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
6.17%
Mortgage Type
Commercial
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
Rw Legacy Llc -- None Available
Reed Charles K $185,000 None Available
Wallace Karen R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Reed Charles K $138,750
Previous Owner Williams Karen R $133,043
Previous Owner Williams Karen R $154,916
Previous Owner Wallace Karen R $166,000
Previous Owner Wallace Karen R $140,000
Previous Owner Wallace Karen R $168,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2018 08/31/18 Sold $185,000 -7.0% $49 / Sq Ft
07/10/2018 07/10/18 Pending -- -- --
05/03/2018 05/03/18 Price Changed $199,000 -20.4% $52 / Sq Ft
09/14/2017 09/14/17 For Sale $250,000 -- $66 / Sq Ft
Source: Central 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 $1,488 $248,000 $41,000 $207,000
2023 $1,488 $248,000 $41,000 $207,000
2022 $1,364 $248,000 $41,000 $207,000
2021 $1,217 $221,200 $35,000 $186,200
2020 $0 $221,200 $35,000 $186,200
2019 $1,106 $221,200 $35,000 $186,200
2018 $1,106 $221,200 $35,000 $186,200
2017 $1,106 $221,200 $35,000 $186,200
2016 -- $180,900 $25,000 $155,900
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2012 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2018

    Page George

    Select Properties of Virginia

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Map

Source: Central Virginia Regional MLS

MLS Number: 1733329

Central Virginia Regional MLS

APN: 94A1 2 21

Virginia Bath County Hot Springs 24445

5656 Sam Snead Hwy, Hot Springs, VA

This home is located at 5656 Sam Snead Hwy, Hot Springs, VA 24445 since 14 September 2017 and is currently estimated at $372,967, approximately $98 per square foot. This property was built in 1940. 5656 Sam Snead Hwy is a home located in Bath County with nearby schools including Bath County High School.

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.

Central Virginia Regional MLS All or a portion of th multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listing s. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are ©2025 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.

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