NOT LISTED FOR SALE

609 2nd Ave E Big Stone Gap, VA 24219

Estimated Value: $81,942 - $104,000

3 Beds
1 Bath
936 Sq Ft
$96/Sq Ft Est. Value

Last Sold November 20, 2018

Last sale price $35,000 $37 Per Sq Ft

Est. 158% increase in value since last sale

Current estimated payment $501/month

6 Days on Market

Highlights

  • Covered Patio or Porch
  • Cooling System Mounted In Outer Wall Opening
  • Level Lot
  • Paneling
  • Floor Furnace
  • Carpet

About This Home

As of November 2018

Own cheaper than you can rent! Great one-level living with 3 bedroom just waiting for you. Walking distance of downtown. Located in Union School District. Near Southwest Virginia Museum, Big Stone Gap Park & Rec, and Mountain Empire Community College. Level lot with great picnic area. Outbuilding for storage. Don't miss this home!

Last Agent to Sell the Property

Kristi Bailey

Southern Dwellings License #279086 Listed on: 10/23/2018

Last Buyer's Agent

Gary Grimes

Wallace License #303538

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1957

Lot Details

  • 10,019 Sq Ft Lot
  • Level Lot
  • Property is in average condition
  • Property is zoned RS

Home Design

  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 936 Sq Ft Home
  • 1-Story Property
  • Paneling
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Covered Patio or Porch

Schools

  • Union Elementary And Middle School
  • Union High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Floor Furnace

Community Details

  • FHA/VA Approved Complex

Listing and Financial Details

  • Assessor Parcel Number 076A6 (03) 113 016 -15

Home Details

Home Type

Single Family

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Directions: GPS friendly
  • Prop. Type: Residential
  • Building Stories: 1
  • Year Built: 1957
  • Property Sub Type: Single Family Residence
  • Unit Levels: One
  • New Construction: No
  • Reso Structure Type: House
  • Contract Info Foreclosure: No
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Acres: 0.23
  • General Property Description Zoning2: RS
  • General Property Description Elementary School3: Union
  • General Property Description Middle School2: Union
  • General Property Description High School3: Union
  • Sewer Public Sewer: Yes
  • General Property Description Lot Dimensions: 67X150 IRR
  • General Property Description Home Warranty: No
  • General Property Description Total SqFt Finished: 936.0
  • TopographyLot Description Level2: Yes
  • General Property Description Parcel ID2: 076A6 (03) 113 016 -15
  • Financing FHA: Yes
  • General Property Description Stories2: 1
  • Flooring Carpet: Yes
  • Walls Paneling: Yes
  • Property Condition Average: Yes
  • RoofAsphalt: Yes
  • AC Wall Unit(s): Yes
  • Levels One: Yes
  • Structure Type:House: Yes
  • Remarks Misc:userdefined80: Own cheaper than you can rent! Great one-level living with 3 bedroom just waiting for you. Walking distance of downtown. Located in Union School District. Near Southwest Virginia Museum, Big Stone Gap Park & Rec, and Mountain Empire Community College. Level lot with great picnic area. Outbuilding for storage. Don't miss this home!
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Carpet
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • General Property Description Baths - Full: 1

Exterior Features

  • Property Condition: Average
  • Roof: Asphalt
  • Exterior Features: Other, See Remarks
  • Acres: 0.23
  • Topography: Level
  • Home Warranty: No
  • Construction Type: Block, Vinyl Siding
  • Patio And Porch Features: Covered, Front Porch
  • Exterior Finish Vinyl Siding: Yes
  • PorchPatioDeck Covered: Yes
  • PorchPatioDeck Front Porch: Yes
  • Exterior Features:See Remarks23: Yes

Utilities

  • Heating: Floor Furnace
  • Sewer: Public Sewer
  • Cooling: Wall Unit(s)
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Floor Furnace: Yes

Schools

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

Lot Info

  • Zoning: RS
  • Lot Dimensions: 67X150 IRR
  • Lot Size Sq Ft: 10018.8
  • ResoLotSizeUnits: Acres
  • Parcel #: 076A6 (03) 113 016 -15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2018
Closed on
Nov 20, 2018
Sold by
Fields Light Mabel Irene
Bought by
Riffe Rental Properties Llc
Seller's Agent
Kristi Bailey
Southern Dwellings
Buyer's Agent
Gary Grimes
Wallace
List Price
$42,000
Sold Price
$35,000
Premium/Discount to List
-$7,000
-16.67%
Current Estimated Value
$90,236

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,236
Avg. Annual Appreciation
14.27%
Original Mortgage
$35,000
Outstanding Balance
$30,775
Interest Rate
4.8%
Mortgage Type
Seller Take Back
Estimated Equity
$59,461
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Riffe Rental Properties Llc $35,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Riffe Rental Properties Llc $35,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/20/2018 11/20/18 Sold $35,000 -16.7% $37 / Sq Ft
10/30/2018 10/30/18 Pending -- -- --
10/23/2018 10/23/18 For Sale $42,000 -- $45 / 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
2025 $336 $48,700 $6,800 $41,900
2024 $336 $48,700 $6,800 $41,900
2023 $336 $48,700 $6,800 $41,900
2022 $336 $48,700 $6,800 $41,900
2021 $323 $46,800 $6,800 $40,000
2020 $323 $46,800 $6,800 $40,000
2019 $323 $46,800 $6,800 $40,000
2018 $90 $46,800 $6,800 $40,000
2017 $68 $46,800 $6,800 $40,000
2016 $68 $44,700 $8,000 $36,700
2015 -- $44,700 $8,000 $36,700
2010 -- $44,700 $8,000 $36,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 414102

Tennessee/Virginia Regional MLS

APN: R001073