NOT LISTED FOR SALE

725 S 1st St Wytheville, VA 24382

Estimated Value: $34,000 - $395,312

3 Beds
1 Bath
1,505 Sq Ft
$175/Sq Ft Est. Value

Last Sold June 04, 2021

Last sale price $105,000 $70 Per Sq Ft

Est. 151% increase in value since last sale

Current estimated payment $1,444/month

140 Days on Market

Highlights

  • Home fronts a creek
  • 1.74 Acre Lot
  • Mature Trees
  • Scott Memorial Middle School Rated A-
  • Creek or Stream View
  • 4-minute walk to Withers Park

About This Home

As of June 2021

Looking for property in town with park-like amenities? This could be it! Priced with necessary finishing in mind, this adorable home with a stream flowing through the back yard is awaiting its new owner to take it to the next level. Whether you are a house flipper or a handy do it yourselfers, this home provides tons of potential. Most of the demolition and cleanup work has been done. The entire home has been rewired and ready for new drywall and finishes. The original furnace is intact and the radiators may be reinstalled or you may install a new heating source. Slight reconfiguration of walls and entryways have been done to improve the flow of the home. There are large front and back porches for added outdoor living space. The back porch provides a lovely view of the stream, large old shade trees and wooded area. A detached 32' x 24' - 2 car garage provides additional value to this conveniently located home. Come check out this unusual opportunity!

Last Agent to Sell the Property

Pamela Montgomery

BHHS- Mountain Sky Properties, Wytheville License #0225229240 Listed on: 01/06/2021

BHHS- Mountain Sky Properties, Wytheville

Last Buyer's Agent

Pamela Montgomery

BHHS- Mountain Sky Properties, Wytheville License #0225229240 Listed on: 01/06/2021

BHHS- Mountain Sky Properties, Wytheville

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $880

Year Built

  • Built in 1950

Lot Details

  • 1.74 Acre Lot
  • Home fronts a creek
  • Mature Trees
  • Wooded Lot
  • Garden
  • Property is zoned R-3

Parking

  • 2 Car Detached Garage
  • Gravel Driveway
  • Open Parking

Home Design

  • Traditional Architecture
  • Block Foundation
  • Fire Rated Drywall
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,505 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Brick Fireplace
  • Insulated Windows
  • Tilt-In Windows
  • Wood Frame Window
  • Vinyl Flooring
  • Creek or Stream Views
  • Interior Basement Entry
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • Walk-In Closet
  • Bathroom on Main Level
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

  • Spiller Elementary School
  • Scott Memorial Middle School
  • George Wythe High School

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Natural Gas Not Available
  • Electric Water Heater
  • High Speed Internet
  • Satellite Dish
  • Cable TV Available

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$880

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.74
  • Lot Size: Appro x 1.74 acres
  • Road Surface Type: Paved
  • Directions: From I-81 Exit 70 Follow 4th St approx. (3 Miles); Turn left onto W. Union St. (.02 mile); Turn Right onto S. 1st St. (.02 mile) See sign.
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: Yes
  • Building Stories: 1
  • Year Built: 1950
  • Kitchen Level: Main
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: None, Electric Water Heater
  • Other Equipment: Satellite Dish
  • Has Basement: Interior Entry
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Brick, Other
  • Fireplace: Yes
  • Flooring: Vinyl
  • Interior Amenities: Ceiling Fan(s), Walk-In Closet(s), High Speed Internet, Cable High Speed Internet
  • Living Area: 1505
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Window Features: Insulated Windows, Tilt Windows, Wood Frames, No Window Treatments
  • Living Room Living Room Level: Main
  • Room Bedroom3 Area: 118.7361
  • Master Bedroom Master Bedroom Level: Main
  • Room Office Area: 67.4375
  • Room Bedroom2 Area: 154.4722
  • Room Bedroom3 Level: Upper
  • Master Bedroom Master Bedroom Width: 11.4167
  • Room Family Room Area: 168.75
  • Room Bedroom2 Level: Upper
  • Room Family Room Level: Main
  • Room Office Level: Upper
  • Room Living Room Area: 181.7153
  • Room Kitchen Area: 136.3542
  • Bathroom Level: Main
  • Dining Room Dining Room Level: Main
  • Room Master Bedroom Area: 137.9514
  • Room Dining Room Area: 136.6667

Exterior Features

  • Lot Features: Views, Waterfront, Wooded
  • View: Creek
  • View: Yes
  • Waterfront Features: Waterfront, Creek
  • Waterfront: Yes
  • Disclosures: Property Disclosure
  • Construction Type: Vinyl Siding, Dry Wall
  • Exterior Features: Garden, Mature Trees
  • Foundation Details: Block
  • Patio And Porch Features: Deck, Porch Covered
  • Property Condition: Exterior Condition: Fair, Interior Condition: Poor
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Gravel, Detached
  • Total Parking Spaces: 2

Utilities

  • Laundry Features: Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Oil
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Natural Gas Not Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Spiller
  • High School: George Wythe
  • Middle Or Junior School: Scott Memorial

Lot Info

  • Lot Size Sq Ft: 75794.4
  • Zoning: R-3
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 880.41
  • Tax Map Number: 041A-001-0126-0001
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 29, 2023
Sold by
Fleming Chad M and Fleming Catherine M
Bought by
Aker Codey and Aker Halle
Current Estimated Value
$263,578

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$373,117
Outstanding Balance
$366,621
Interest Rate
7.25%
Mortgage Type
FHA
Estimated Equity
-$103,043

Purchase Details

Listed on
Jan 6, 2021
Closed on
May 28, 2021
Sold by
Morgan Michael R
Bought by
Fleming Chad M and Fleming Catherine M
Seller's Agent
Pamela Montgomery
BHHS- Mountain Sky Properties, Wytheville
Buyer's Agent
Pamela Montgomery
BHHS- Mountain Sky Properties, Wytheville
List Price
$110,000
Sold Price
$105,000
Premium/Discount to List
-$5,000
-4.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.21%

Purchase Details

Listed on
Mar 16, 2020
Closed on
May 5, 2020
Sold by
Jenkins Charles W
Bought by
Morgan Michael R
Seller's Agent
Jessica Miller
Weichert Realtors-Short Way Real Estate
Buyer's Agent
Gregory Grimm
BHHS- Mountain Sky Properties, Wytheville
List Price
$100,000
Sold Price
$90,000
Premium/Discount to List
-$10,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.34%
Original Mortgage
$88,369
Interest Rate
3.62%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Aker Codey $380,000 Doma Title
Fleming Chad M $105,000 New Century Title & Stlmnt
Morgan Michael R $90,000 Freedom Settlement Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aker Codey $373,117
Previous Owner Morgan Michael R $88,369
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/04/2021 06/04/21 Sold $105,000 -4.5% $70 / Sq Ft
05/28/2021 05/28/21 Pending -- -- --
01/07/2021 01/07/21 For Sale $110,000 +22.2% $73 / Sq Ft
05/05/2020 05/05/20 Sold $90,000 -10.0% $60 / Sq Ft View Prior Sale
03/25/2020 03/25/20 Pending -- -- --
03/16/2020 03/16/20 For Sale $100,000 -- $66 / Sq Ft
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 $780 $152,900 $49,500 $103,400
2023 $780 $142,100 $49,500 $92,600
2022 $780 $152,900 $49,500 $103,400
2021 $669 $123,800 $49,500 $74,300
2020 $669 $123,800 $49,500 $74,300
2019 $669 $123,800 $49,500 $74,300
2018 $669 $123,800 $49,500 $74,300
2017 $607 $0 $0 $0
2016 $609 $0 $0 $0
2015 -- $124,300 $0 $0
2014 -- $0 $0 $0
2012 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwest Virginia Association of REALTORS®

MLS Number: 76720

APN: 041A-001-0126-0001