Estimated Value: $6,218,527
Studio
--
Bath
28,057
Sq Ft
$222/Sq Ft
Est. Value
About This Home
This home is located at 716 Spring Ave SE, Wise, VA 24293 and is currently estimated at $6,218,527, approximately $221 per square foot. 716 Spring Ave SE is a home located in Wise County with nearby schools including Minnick Education Center - Wise.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 15, 2020
Sold by
Bgs Development 1 Llc
Bought by
Dst Reva Wise Gsa
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,167,895
Outstanding Balance
$2,825,401
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$3,393,126
Purchase Details
Closed on
Feb 28, 2018
Sold by
Norton Community Hospital
Bought by
Bgs Dev 1 Llc
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Dst Reva Wise Gsa | $4,525,565 | Fidelity National Title | |
| Bgs Dev 1 Llc | $2,206,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Dst Reva Wise Gsa | $3,167,895 |
Source: Public Records
Tax History Compared to Growth
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 | $20,705 | $3,000,700 | $178,100 | $2,822,600 |
| 2024 | $20,705 | $3,000,700 | $178,100 | $2,822,600 |
| 2023 | $20,705 | $3,000,700 | $178,100 | $2,822,600 |
| 2022 | $20,705 | $3,000,700 | $178,100 | $2,822,600 |
| 2021 | $20,705 | $3,000,700 | $178,100 | $2,822,600 |
| 2020 | $15,913 | $2,306,300 | $178,100 | $2,128,200 |
| 2019 | $15,220 | $2,205,800 | $178,100 | $2,027,700 |
| 2018 | $13,676 | $2,205,800 | $178,100 | $2,027,700 |
| 2017 | $13,235 | $2,205,800 | $178,100 | $2,027,700 |
| 2016 | $13,235 | $2,205,800 | $178,100 | $2,027,700 |
| 2015 | -- | $2,205,800 | $178,100 | $2,027,700 |
| 2010 | -- | $2,205,800 | $178,100 | $2,027,700 |
Source: Public Records
Map
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