NOT LISTED FOR SALE

7111 Gate 10 Rd Fairlawn, VA 24141

Estimated Value: $206,000 - $253,000

3 Beds
1 Bath
1,325 Sq Ft
$170/Sq Ft Est. Value

Sale Details

Date Sold: June 23, 2016

Last sale price $88,000 $66 Per Sq Ft

Est. 156% increase in value since last sale

Current estimated payment $1,291 / mo

6 Days on Market

Highlights

  • Ranch Style House
  • Garden
  • Ceiling Fan
  • Wood Flooring

About This Home

As of June 2016

This 3 Bedroom Brick Ranch has a full unfinished basement with a heat pump and beautiful oak hardwood flooring throughout the main level! The flat lot has a paved driveway with a single detached garage that is not finished. Conveniently located near restaurants, shopping, RU, Radford, Blacksburg, VT, etc... Priced to sell well below current tax assessment!!

Last Agent to Sell the Property

Darin Greear

Long & Foster - Blacksburg License #225086131 Listed on: 05/31/2016

Long & Foster - Blacksburg

Last Buyer's Agent

TJ Turner

Century 21 Valley Real Estate License #225087350

Century 21 Valley Real Estate

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1973

Lot Details

  • Garden
  • Property is in average condition

Home Design

  • Ranch Style House
  • Repairs Needed
  • Brick Exterior Construction
  • Fire Rated Drywall
  • Shingle Roof

Interior Spaces

  • 1,325 Sq Ft Home
  • Ceiling Fan

Flooring

  • Wood
  • Carpet
  • Concrete
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Sump Pump

Parking

  • 1 Car Detached Garage
  • Driveway

Utilities

  • Heat Pump System
  • Shared Well
  • Electric Water Heater

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number R006307

Home Details

Home Type

Single Family

Year Built

Built in 1973

Lot Details

0.31 Acres

Listing Details

  • Appearance: Average, Needs Repair
  • Estimated Total Finished Sq Ft: 1325
  • Class: Residential
  • County Or City: Pulaski
  • Deed Bk Pg Instrumnt: 2016/0408
  • Garage Dim Descrip: Not finished
  • Legal Description: LOT ON RT 623
  • Lender Or Govt Ownd: Yes
  • Master On Main: Yes
  • Parcel Nbr: R006307
  • Property Sub Type: Detached
  • Style Structure Home: Ranch
  • Year Built: 1973
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Flooring: Carpet, Hardwood, Vinyl
  • Basement: Concrete Floor, Full, Outside Access, Sump Pump
  • Bedrooms: 3
  • Full Bathrooms: 1
  • Interior Amenities: Ceiling Fan(s), Walls-Drywall

Exterior Features

  • Exterior Features: Blacktop Driveway, Garden Space
  • Exterior Finish: Brick
  • Roofing: Shingle

Garage/Parking

  • Garage Carport: Single Detached

Utilities

  • Air Conditioner: Heat Pump
  • Heating: Heat Pump
  • Water: Shared Well

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 1, 2018
Sold by
Martin Charles L
Bought by
Bourne Tina Kay
Current Estimated Value
$225,317

Purchase Details

Listed on
May 31, 2016
Closed on
Jun 22, 2016
Sold by
Fannie Mae
Bought by
Martin Chalres L and Martin Norma J
Seller's Agent
Darin Greear
Long & Foster - Blacksburg
Buyer's Agent
TJ Turner
Century 21 Valley Real Estate
List Price
$88,000
Sold Price
$88,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.05%

Purchase Details

Closed on
Feb 16, 2016
Sold by
Commonwealth Trustees Llc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 29, 2008
Sold by
Rickey Valerie G
Bought by
Cook Michael G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,850
Interest Rate
6.29%
Mortgage Type
New Conventional
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
Bourne Tina Kay -- None Available
Martin Chalres L $88,000 None Available
Federal National Mortgage Association $77,000 None Available
Cook Michael G $123,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cook Michael G $116,850
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/23/2016 06/23/16 Sold $88,000 0.0% $66 / Sq Ft
06/06/2016 06/06/16 Pending -- -- --
05/31/2016 05/31/16 For Sale $88,000 -- $66 / Sq Ft
Source: New River Valley Association of REALTORS®

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 $1,056 $142,700 $22,000 $120,700
2024 $1,056 $142,700 $22,000 $120,700
2023 $1,056 $142,700 $22,000 $120,700
2022 $1,056 $142,700 $22,000 $120,700
2021 $1,056 $142,700 $22,000 $120,700
2020 $779 $101,200 $16,000 $85,200
2019 $779 $101,200 $16,000 $85,200
2018 $779 $101,200 $16,000 $85,200
2017 $648 $101,200 $16,000 $85,200
2016 $648 $101,200 $16,000 $85,200
2015 $648 $101,200 $16,000 $85,200
2014 $706 $119,600 $16,000 $103,600
2013 $706 $119,600 $16,000 $103,600
Source: Public Records

Agents Affiliated with this Home

  • Darin Greear

    Seller's Agent in 2016

    Darin Greear

    Long & Foster - Blacksburg

    (540) 320-5859

    93 in this area

    600 Total Sales

    Darin Greear
    Section Image
  • TJ Turner

    Buyer's Agent in 2016

    TJ Turner

    Century 21 Valley Real Estate

    (540) 320-9125

    2 in this area

    14 Total Sales

    TJ Turner
    Section Image
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Map

Source: New River Valley Association of REALTORS®

MLS Number: 324125

New River Valley Association of REALTORS®

APN: 06307

Virginia Pulaski County Fairlawn 24141

7111 Gate 10 Rd, Fairlawn, VA

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.

New River Valley Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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