NOT LISTED FOR SALE

704 Wood Ave E Big Stone Gap, VA 24219

Estimated Value: $176,000 - $259,000

3 Beds
2.5 Baths
2,420 Sq Ft
$91/Sq Ft Est. Value

Last Sold February 01, 2019

Last sale price $74,000 $31 Per Sq Ft

Est. 198% increase in value since last sale

Current estimated payment $1,222/month

52 Days on Market

Highlights

  • Wood Flooring
  • Solid Surface Countertops
  • Attached Garage
  • Victorian Architecture
  • Front Porch
  • Patio

About This Home

As of February 2019

Large charming Victorian style home in the heart of Big Stone Gap, VA. Home features lots of character and spacious cozy rooms. The main home has 3 bedrooms, 2.5 bath and attached 2 car carport. There is another guest home on the property that features 1 bedroom and 1 bath. Sold in "as is" condition.May be eligible for seller (vendee) financing. Home is being sold in "as is" condition.Property was built prior to 1978 and lead based paint potentially exists. Buyer will be responsible for determining all pertinent information such as sq. footage, sewer/water source, school districts, etc. Listing agent will not be held responsible for determining such information and all information taken from tax records and needs to be verified by buyer for accuracy. All offers must have pre-approval letter or proof of funds and copy of earnest money in order to be considered. All information subject to errors and omissions. Property has a waiting period before any offers will be submitted, considered or accepted. No state forms accepted special form applies to submit offers.

Last Agent to Sell the Property

Ashley Foran

Southeastern Properties License #0225086504 Listed on: 09/23/2018

Last Buyer's Agent

KAREN FRANKS

Century 21 Bennett & Edwards

Century 21 Bennett & Edwards

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1900

Lot Details

  • Level Lot
  • Property is in below average condition

Home Design

  • Victorian Architecture
  • Plaster Walls
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2,420 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Solid Surface Countertops
  • Washer and Electric Dryer Hookup
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • Attached Garage
  • 2 Carport Spaces

Outdoor Features

  • Patio
  • Front Porch

Schools

  • Powell Valley Elementary And Middle School
  • Union High School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Foreclosure
  • Assessor Parcel Number 001201

Home Details

Home Type

Single Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Directions: Hwy 23 to first Big Stone Gap exit, left onto 610, continue around steep curve, right onto Wood Ave - 3rd light
  • Prop. Type: Residential
  • Year Built: 1900
  • Garage Carport Spaces: 2
  • Property Sub Type: Single Family Residence
  • ResoSpecialListingConditions: In Foreclosure
  • Architectural Style: Victorian
  • Unit Levels: Two
  • New Construction: No
  • Reso Structure Type: House
  • Contract Info Foreclosure: Yes
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Zoning2: R
  • General Property Description Elementary School3: Powell Valley
  • General Property Description Middle School2: Powell Valley
  • General Property Description High School3: Union
  • Water Public: Yes
  • Sewer Public Sewer: Yes
  • General Property Description Lot Dimensions: per deed
  • General Property Description Home Warranty: No
  • General Property Description Total SqFt Finished: 2420.0
  • General Property Description Above Grade SqFt: 2420.0
  • AC Central Air: Yes
  • TopographyLot Description Level2: Yes
  • Flooring Hardwood: Yes
  • General Property Description Parcel ID2: 001201
  • Roof Composition: Yes
  • TopographyLot Description Sloped: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Walls Plaster: Yes
  • Property Condition Below Average: Yes
  • Levels:Two: Yes
  • Structure Type:House: Yes
  • Special Features: 1028

Interior Features

  • Has Basement: Unfinished
  • Flooring: Hardwood
  • Interior Amenities: Solid Surface Counters
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • General Property Description Baths - Full: 2
  • Interior Features:Solid Surface Counters: Yes
  • General Property Description Baths - 12: 1
  • Basement:Unfinished: Yes
  • Other Rooms:Apartment: Yes

Exterior Features

  • Property Condition: Below Average
  • Roof: Composition
  • Topography: Level, Sloped
  • Home Warranty: No
  • Construction Type: Vinyl Siding, Plaster
  • Patio And Porch Features: Front Patio, Front Porch
  • Exterior Finish Vinyl Siding: Yes
  • PorchPatioDeck Front Patio: Yes
  • PorchPatioDeck Front Porch: Yes

Garage/Parking

  • Parking Features: Asphalt, Attached
  • Attached Garage: Yes
  • Parking Features:Asphalt2: Yes
  • Parking Features:Attached: Yes

Utilities

  • Heating: Central
  • Sewer: Public Sewer
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Central: Yes

Schools

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

Lot Info

  • Zoning: R
  • Lot Dimensions: per deed
  • Parcel #: 001201

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2018
Closed on
Jan 18, 2019
Sold by
Va
Bought by
Sturgill Matthew Brian and Sturgill Rebecca Kay
Seller's Agent
Ashley Foran
Southeastern Properties
Buyer's Agent
KAREN FRANKS
Century 21 Bennett & Edwards
List Price
$81,000
Sold Price
$74,000
Premium/Discount to List
-$7,000
-8.64%
Current Estimated Value
$220,282

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$146,282
Avg. Annual Appreciation
16.92%
Original Mortgage
$59,200
Outstanding Balance
$51,943
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$168,339

Purchase Details

Closed on
Aug 16, 2018
Sold by
Fifth Third Mortgage Co
Bought by
Va

Purchase Details

Closed on
Jul 26, 2018
Sold by
Alg Trustee Llc
Bought by
Fifth Third Mtg Co
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
Sturgill Matthew Brian $74,000 None Available
Va $84,050 None Available
Fifth Third Mtg Co $84,050 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sturgill Matthew Brian $59,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/01/2019 02/01/19 Sold $74,000 -8.6% $31 / Sq Ft
11/15/2018 11/15/18 Pending -- -- --
09/23/2018 09/23/18 For Sale $81,000 -- $33 / 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 $934 $135,400 $15,200 $120,200
2024 $934 $135,400 $15,200 $120,200
2023 $934 $135,400 $15,200 $120,200
2022 $934 $135,400 $15,200 $120,200
2021 $894 $129,600 $15,200 $114,400
2020 $894 $129,600 $15,200 $114,400
2019 $894 $129,600 $15,200 $114,400
2018 $804 $129,600 $15,200 $114,400
2017 $592 $129,600 $15,200 $114,400
2016 $592 $98,600 $15,000 $83,600
2015 $296 $98,600 $15,000 $83,600
2010 -- $98,600 $15,000 $83,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 413027

Tennessee/Virginia Regional MLS

APN: R001201