NOT LISTED FOR SALE

7248 Duncan Gap Rd Wise, VA 24293

Estimated Value: $227,000 - $284,507

3 Beds
2.5 Baths
2,692 Sq Ft
$98/Sq Ft Est. Value

Last Sold February 28, 2013

Last sale price $145,000 $54 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $1,494/month

166 Days on Market

Highlights

  • 3.03 Acre Lot
  • Deck
  • Wood Flooring
  • Mountain View
  • Contemporary Architecture
  • Covered Patio or Porch

About This Home

As of February 2013

Sprawling Spacious Ranch nestled just outside of the town of Wise! Two family rooms; one easily convertible to an additional very large master bedroom. Gorgeous fireplace with gas logs... Formal living and dining... A Large foyer separating the living areas. Large back deck and swimming pool! All situated on 3.03 acres surrounded by woods with loads of privacy!

Last Agent to Sell the Property

Chris Ward

Century 21 Bennett & Edwards License #0225103759 Listed on: 09/05/2012

Century 21 Bennett & Edwards

Last Buyer's Agent

Shadab Siddiqi

NHS Development

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,123

Year Built

  • Built in 1981

Lot Details

  • 3.03 Acre Lot
  • Sloped Lot
  • Cleared Lot
  • Property is in average condition

Parking

  • 1 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Composition Roof
  • Wood Siding
  • Stone Veneer

Interior Spaces

  • 1-Story Property
  • Gas Log Fireplace
  • Double Pane Windows
  • Entrance Foyer
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room
  • Mountain Views

Kitchen

  • Eat-In Kitchen
  • Built-In Gas Oven
  • Range
  • Dishwasher
  • Tile Countertops

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Shed
  • Outbuilding

Schools

  • Wise Elementary School
  • L. F. Addington Middle School
  • Central High School

Utilities

  • Central Air
  • Heat Pump System
  • Septic Tank

Community Details

  • FHA/VA Approved Complex

Listing and Financial Details

  • Short Sale
  • Assessor Parcel Number 009307

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,123

Year Built

Built in 1981

Lot Details

0

Parking

1

Listing Details

  • Directions: Leaving Wise on Hurricane Road, travel approximately 4 miles. Home located on your right, sign in yard.
  • Prop. Type: Residential
  • Year Built: 1981
  • Garage Garage Spaces: 1
  • Property Sub Type: Single Family Residence
  • ResoSpecialListingConditions: Short Sale
  • Architectural Style: Contemporary, Ranch
  • Unit Levels: One
  • New Construction: No
  • Reso Structure Type: House
  • Contract Info Foreclosure: No
  • Contract Info Short Sale: Yes
  • General Property Description Acres: 3.03
  • General Property Description Zoning2: Residential
  • General Property Description Elementary School3: Wise Elementary
  • General Property Description Middle School2: L. F. Addington
  • General Property Description High School3: Central (Wise, Va)
  • Water Public: Yes
  • General Property Description Lot Dimensions: 3.03
  • General Property Description Home Warranty: No
  • AC Central Air: Yes
  • Appliances Refrigerators: Yes
  • Flooring Hardwood: Yes
  • General Property Description Parcel ID2: 009307
  • Style Ranch: Yes
  • AC Heat Pump3: Yes
  • Financing FHA: Yes
  • General Property Description Stories2: 1
  • Other Structures Outbuilding: Yes
  • Other Structures Shed(s): Yes
  • Roof Composition: Yes
  • Interior Features KitchenDining Combo: Yes
  • View Mountain(s): Yes
  • TopographyLot Description Sloped: Yes
  • Flooring Carpet: Yes
  • TopographyLot Description Cleared: Yes
  • Property Condition Average: Yes
  • Flooring Ceramic Tile: Yes
  • Other Structures Storage2: Yes
  • Levels One: Yes
  • Structure Type:House: Yes
  • Special Features: 12

Interior Features

  • Appliances: Built-In Electric Oven, Built-In Gas Oven, Dishwasher, Range, Refrigerator
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Interior Amenities: Primary Downstairs, Eat-in Kitchen, Entrance Foyer, Kitchen/Dining Combo, Tile Counters
  • Window Features: Double Pane Windows
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Living Room
  • Total Bedrooms: 8
  • General Property Description Baths - Full: 2
  • Interior Features:Eat-in Kitchen: Yes
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • General Property Description Baths - 12: 1
  • Fireplace:Gas Log: Yes
  • Fireplace:Living Room: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Tile Counters: Yes
  • Appliances:Built-In Electric Oven: Yes
  • Interior Features:Primary Downstairs: Yes
  • Appliances:Built-In Gas Oven: Yes

Exterior Features

  • Property Condition: Average
  • Roof: Composition
  • Other Structures: Outbuilding, Shed(s), Storage
  • View: Mountain(s)
  • Acres: 3.03
  • Topography: Cleared, Sloped
  • Home Warranty: No
  • Construction Type: Stone Veneer, Wood Siding
  • Patio And Porch Features: Covered, Deck, Porch
  • Exterior Finish Wood Siding: Yes
  • Window Features:Double Pane Windows: Yes
  • PorchPatioDeck Covered: Yes
  • PorchPatioDeck Deck: Yes
  • PorchPatioDeck Porch: Yes
  • Exterior Finish Stone Veneer: Yes

Garage/Parking

  • Parking Features: Asphalt, Attached
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features:Asphalt2: Yes
  • Parking Features:Attached: Yes

Utilities

  • Heating: Heat Pump
  • Sewer: Septic Tank
  • Cooling: Central Air, Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: Yes

Schools

  • Elementary School: Wise Elementary
  • High School: Central (Wise, Va)
  • Middle Or Junior School: L. F. Addington

Lot Info

  • Zoning: Residential
  • Lot Dimensions: 3.03
  • Lot Size Sq Ft: 131986.8
  • ResoLotSizeUnits: Acres
  • Parcel #: 009307
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2012
Closed on
Feb 27, 2013
Sold by
Cress Kelly
Bought by
Yates Mike and Yates Aubree
Seller's Agent
Chris Ward
Century 21 Bennett & Edwards
Buyer's Agent
Shadab Siddiqi
NHS Development
List Price
$199,800
Sold Price
$145,000
Premium/Discount to List
-$54,800
-27.43%
Current Estimated Value
$264,127

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,127
Avg. Annual Appreciation
4.86%

Purchase Details

Closed on
May 5, 2011
Sold by
Peak Andre P and Cress Kelly
Bought by
Cress Kelly

Purchase Details

Closed on
May 28, 2009
Sold by
Hamm Winfred and Hamm Michelle
Bought by
Peak Andre P and Cress Kelly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,359
Interest Rate
6.13%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Yates Mike $145,000 None Available
Cress Kelly -- None Available
Peak Andre P $169,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Peak Andre P $163,359
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2013 02/28/13 Sold $145,000 -27.4% $54 / Sq Ft
02/19/2013 02/19/13 Pending -- -- --
09/05/2012 09/05/12 For Sale $199,800 -- $74 / 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 $1,123 $162,700 $12,900 $149,800
2024 $1,123 $162,700 $12,900 $149,800
2023 $1,123 $162,700 $12,900 $149,800
2022 $1,123 $162,700 $12,900 $149,800
2021 $1,074 $155,600 $12,900 $142,700
2020 $1,074 $155,600 $12,900 $142,700
2019 $1,074 $155,600 $12,900 $142,700
2018 $965 $155,600 $12,900 $142,700
2017 $934 $155,600 $12,900 $142,700
2016 $934 $155,600 $12,900 $142,700
2015 $934 $155,600 $12,900 $142,700
2010 -- $157,000 $12,900 $144,100
Source: Public Records

Agents Affiliated with this Home

  • Chris Ward

    Seller's Agent in 2013

    Chris Ward

    Century 21 Bennett & Edwards

    (276) 393-6216

    12 in this area

    66 Total Sales

    Chris Ward
    Section Image

  • S

    Buyer's Agent in 2013

    Shadab Siddiqi

    NHS Development

  • W

    Buyer's Agent in 2013

    WILLIAM JONES

    Century 21 Bennett & Edwards

  • B

    Buyer's Agent in 2013

    BOBBIE SANDERS

    Crye-Leike, REALTORS

See All Agents

Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 324538

Tennessee/Virginia Regional MLS

APN: R009307

Virginia Wise County Wise 24293

7248 Duncan Gap Rd, Wise, VA

This home is located at 7248 Duncan Gap Rd, Wise, VA 24293 since 05 September 2012 and is currently estimated at $264,127, approximately $98 per square foot. This property was built in 1981. 7248 Duncan Gap Rd is a home located in Wise County.

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