NOT LISTED FOR SALE

638 Arrowhead Rd Fancy Gap, VA 24328

Estimated Value: $455,000 - $524,000

3 Beds
2.5 Baths
2,225 Sq Ft
$214/Sq Ft Est. Value

Last Sold November 22, 2019

Last sale price $218,000 $98 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $2,704/month

84 Days on Market

Highlights

  • Outdoor Pool
  • 5 Acre Lot
  • Main Floor Primary Bedroom
  • Fancy Gap Elementary School Rated A-
  • Deck
  • Log Cabin

About This Home

As of November 2019

Seller's name is Secretary of Veterans Affairs. Seller does not pay customary closing costs: including title policy, escrow fees, survey or transfer fees. Proof of funds required on cash transactions ; Earnest money deposit required by cashier check made out to closing Attorney and given to Listing Broker. Broker will not accept Cash. Lender Pre-Approval letter for financed offers (dated within last 30 days This property may qualify for Seller Financing (Vendee)

Last Agent to Sell the Property

Julius Farmer

RE/MAX Mountain Realty Listed on: 08/06/2019

RE/MAX Mountain Realty

Last Buyer's Agent

Julius Farmer

RE/MAX Mountain Realty Listed on: 08/06/2019

RE/MAX Mountain Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2006

Lot Details

  • 5 Acre Lot
  • Level Lot

Parking

  • 2 Car Garage

Home Design

  • Log Cabin
  • Block Foundation
  • Log Siding

Interior Spaces

  • 2,225 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Fireplace Features Masonry
  • Combination Dining and Living Room
  • Storm Windows

Kitchen

  • Oven
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Outdoor Features

  • Outdoor Pool
  • Deck
  • Rain Gutters
  • Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number Fancy Gap / 001 / 02

Home Details

Home Type

Single Family

Year Built

Built in 2006

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Lot Size Acres: 5
  • Lot Size: 5 Acres
  • Subdivision Name: None
  • Directions: Fancy Gap towards Mount Airy turn on Route 685 to Arrowhead then left about 3/4 mile, See 638 on Mail Box across the street is road to the house
  • Above Grade Finished Sq Ft: 2225
  • Architectural Style: Log
  • Garage Yn: Yes
  • Unit Levels: One and One Half
  • New Construction: No
  • Year Built: 2006
  • ResoBuildingAreaSource: PublicRecords
  • Kitchen Level: Main
  • Special Features: RealEstateOwned

Interior Features

  • Appliances: Electric Water Heater, Range, Surface Unit/Oven
  • Has Basement: Full
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Masonry
  • Fireplace: Yes
  • Interior Amenities: Ceiling Fan(s)
  • Living Area: 2225
  • Main Level Bathrooms: 2
  • Window Features: Storm Window(s)
  • ResoLivingAreaSource: PublicRecords
  • Room Bedroom2 Level: Upper
  • Dining Room Features: Living Room Combination
  • Living Room Living Room Level: Main
  • Master Bedroom Master Bedroom Level: Main
  • Room Bedroom3 Level: Upper
  • Dining Room Dining Room Level: Main

Exterior Features

  • Fencing: None
  • Pool Features: Outdoor Pool
  • Pool Private: Yes
  • Topography: Level,Sloping,Steep
  • Home Warranty: No
  • Construction Type: Block, Log
  • Exterior Features: Rain Gutters
  • Foundation Details: Block
  • Patio And Porch Features: Porch, Deck/Patio

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Total Parking Spaces: 2

Utilities

  • Laundry Features: W/D Hookup, Main Level
  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Electricity On Property: Yes
  • Sewer: Septic Tank
  • Utilities: Electricity Connected, Propane
  • Water Source: Well

Lot Info

  • Lot Size Sq Ft: 217800
  • Farm Land Area Units: Square Feet
  • Parcel #: Fancy Gap / 001 / 02
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2019
Closed on
Nov 14, 2019
Sold by
Secretary Of Veterans Affairs
Bought by
Kaufman Robert J and Kaufman Barbara P
Seller's Agent
Julius Farmer
RE/MAX Mountain Realty
Buyer's Agent
Julius Farmer
RE/MAX Mountain Realty
List Price
$218,000
Sold Price
$218,000
Current Estimated Value
$476,648

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$258,648
Avg. Annual Appreciation
13.73%
Original Mortgage
$207,500
Outstanding Balance
$182,547
Interest Rate
3.6%
Estimated Equity
$294,101

Purchase Details

Closed on
Apr 26, 2019
Sold by
Collett Alvin L and Collett Amy E
Bought by
Secretary Of Veterans Affairs

Purchase Details

Listed on
Feb 4, 2016
Closed on
Feb 17, 2017
Sold by
Harold Richard Anthony and Cromer Connie G
Bought by
Collett Alvin L and Collett Amy E
Seller's Agent
Paul Burnett
Fancy Gap Mountain Realty
Buyer's Agent
Paul Burnett
Fancy Gap Mountain Realty
List Price
$385,000
Sold Price
$330,000
Premium/Discount to List
-$55,000
-14.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.25%
Original Mortgage
$330,000
Interest Rate
4.2%
Mortgage Type
VA

Purchase Details

Closed on
Oct 25, 2013
Sold by
Dixon Thomas E and Dixon Carol M
Bought by
Harold Richard Anthony and Cromer Connie G

Purchase Details

Closed on
Jul 5, 2005
Sold by
Longo Robert and Longo Teresa A
Bought by
Dixon Thomas E and Dixon Carol M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kaufman Robert J $218,000 None Available
Secretary Of Veterans Affairs $277,365 None Available
Collett Alvin L $330,000 Attorney
Harold Richard Anthony $345,000 None Available
Dixon Thomas E $23,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kaufman Robert J $207,500
Previous Owner Collett Alvin L $330,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/22/2019 11/22/19 Sold $218,000 0.0% $98 / Sq Ft
11/01/2019 11/01/19 Pending -- -- --
08/08/2019 08/08/19 For Sale $218,000 -33.9% $98 / Sq Ft
02/17/2017 02/17/17 Sold $330,000 -14.3% $140 / Sq Ft View Prior Sale
10/31/2016 10/31/16 Pending -- -- --
02/04/2016 02/04/16 For Sale $385,000 -- $163 / Sq Ft
Source: Mercer-Tazewell County Board 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
2025 $2,391 $487,900 $49,000 $438,900
2024 $1,842 $312,200 $40,000 $272,200
2023 $1,842 $312,200 $40,000 $272,200
2022 $1,998 $312,200 $40,000 $272,200
2021 $1,998 $312,200 $40,000 $272,200
2020 $2,366 $324,100 $36,000 $288,100
2019 $2,253 $324,100 $36,000 $288,100
2018 $2,253 $324,100 $36,000 $288,100
2017 $2,253 $324,100 $36,000 $288,100
2016 $2,158 $317,300 $36,000 $281,300
2015 -- $317,300 $36,000 $281,300
2014 -- $317,300 $36,000 $281,300
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2019

    Julius Farmer

    RE/MAX

    (304) 887-0129

    69 Total Sales

    Julius Farmer
    Section Image

  • P

    Seller's Agent in 2017

    Paul Burnett

    Fancy Gap Mountain Realty

  • K

    Seller Co-Listing Agent in 2017

    Kaye Burnett

    Fancy Gap Mountain Realty

    Section Image
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Map

Source: Mercer-Tazewell County Board of REALTORS®

MLS Number: 47371

APN: 115-A-12

Virginia Carroll County Fancy Gap 24328

638 Arrowhead Rd, Fancy Gap, VA

Not Listed for Sale

Detached

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