NOT LISTED FOR SALE

642 Low Gap Rd Mouth of Wilson, VA 24363

Mouth of Wilson Neighborhood

Estimated Value: $106,000 - $174,000

5 Acres
$25,876 Price per Acre
217,800 Sq Ft Lot

Last Sold December 21, 2020

Last sale price $75,000

Est. 63% increase in value since last sale

Current estimated payment $703/month

446 Days on Market

Highlights

  • Barn
  • Horse Property
  • No HOA
  • Grayson County High School Rated 9+
  • 5 Acre Lot
  • Views

About This Lot

As of December 2020

Attention Horse Folks! You must see this 5 acre tract completely fenced with a 6 stall horse barn. Multiple horse trails are a short ride away or allow your horse to graze the pasture land while you sit on the front porch of the cabin and enjoy the mountain views. The cabin is a 2 bedroom, 1 bath with full functioning kitchen and living room. This property also offers two 30 amp hook-ups for the camping sites located behind the barn. Don't let this one get away!

Last Agent to Sell the Property

Jamie Keatley

Morton Realty & Auction License #0225231071 Listed on: 07/25/2019

Last Buyer's Agent

Chris Morton

Morton Realty & Auction License #0225045108

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $328

Lot Details

  • 5 Acre Lot
  • The property's road front is unimproved
  • Property fronts a county road
  • Electric Fence
  • Livestock Fence
  • Property is zoned RF

Schools

  • Grayson Highlands Elementary School
  • Grayson County Middle School
  • Grayson County High School

Farming

  • Barn
  • Livestock

Utilities

  • Propane
  • Well
  • Septic Tank

Additional Features

  • Property Views

Community Details

Overview

  • No Home Owners Association

Recreation

  • Horse Property
  • Boarding Facilities

Property Details

Property Type

Land

Est. Annual Taxes

$328

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Horses: Yes
  • Lot Size Acres: 5
  • Lot Size: 0
  • Road Frontage Type: County Road
  • Road Surface Type: Unimproved
  • Directions: From intersection rt. 58/221 in Independence, continue on 58 W for approximately 17 miles, Continue on 58, Turn right onto Low Gap Rd, Travel 4 miles, property on right. See sign.
  • Special Features: None

Interior Features

  • Possible Use: Current Use, Hobby Farm, Farm, Acreage
  • Other Equipment: Equipment Leased(None)

Exterior Features

  • Fencing: Fenced, Electric, Livestock
  • Lot Features: Livestock Permitted, Mini Farm, Horse Property, Views
  • Topography: Rolling,Sloping
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: None, Property Disclosure
  • Other Structures: Barn(s), Additional Structures(Cabin)

Utilities

  • Electricity On Property: Yes
  • Sewer: Septic Tank
  • Utilities: Electricity Available, Propane
  • Water Source: Well

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Grayson Highlands
  • High School: Grayson County
  • Middle Or Junior School: Grayson County

Lot Info

  • Horse Amenities: Boarding Facilities
  • Land Lease: No
  • Lot Size Sq Ft: 217800
  • Zoning: RF
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 327.81
  • Tax Map Number: 46-A-30
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 20, 2021
Sold by
Fields Jamie V
Bought by
Fields Jamie V
Current Estimated Value
$122,605

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,192
Interest Rate
3%
Mortgage Type
FHA

Purchase Details

Listed on
Jul 25, 2019
Closed on
Dec 21, 2020
Sold by
Hutchins David L and Hutchins Bonnie M
Bought by
Wood Joseph Harry
Seller's Agent
Jamie Keatley
Morton Realty & Auction
Buyer's Agent
Chris Morton
Morton Realty & Auction
List Price
$94,500
Sold Price
$75,000
Premium/Discount to List
-$19,500
-20.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.68%
Original Mortgage
$60,000
Interest Rate
2.7%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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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
Fields Jamie V -- Olaughlin Brain
Wood Joseph Harry $75,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fields Jamie V $152,192
Previous Owner Wood Joseph Harry $60,000
Previous Owner Chappell Robert R $50,000
Previous Owner Chappell Robert R $66,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2020 12/21/20 Sold $75,000 -20.6% --
10/22/2020 10/22/20 Pending -- -- --
08/02/2019 08/02/19 For Sale $94,500 -- --
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 $386 $71,500 $34,500 $37,000
2023 $602 $71,500 $34,500 $37,000
2022 $395 $71,500 $34,500 $37,000
2021 $611 $66,900 $34,500 $32,400
2020 $604 $66,900 $34,500 $32,400
2019 $484 $66,900 $34,500 $32,400
2018 $484 $66,900 $34,500 $32,400
2017 $484 $66,900 $34,500 $32,400
2016 -- $66,900 $34,500 $32,400
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    Jamie Keatley

    Morton Realty & Auction

    (276) 233-4434

    7 in this area

    97 Total Sales

    Section Image

  • C

    Buyer's Agent in 2020

    Chris Morton

    Morton Realty & Auction

    (276) 773-3333

    9 in this area

    71 Total Sales

    Section Image
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Map

Source: Southwest Virginia Association of REALTORS®

MLS Number: 70718

APN: 46 - A- - 30

Virginia Grayson County Mouth Of Wilson 24363 Mouth of Wilson

642 Low Gap Rd, Mouth Of Wilson, VA

This home is located at 642 Low Gap Rd, Mouth of Wilson, VA 24363 since 25 July 2019 and is currently estimated at $129,382. 642 Low Gap Rd is a home located in Grayson County with nearby schools including Grayson County High School.

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