NOT LISTED FOR SALE

740 Cumberland Gap Rd Newport, VA 24128

Estimated Value: $517,000 - $950,000

4 Beds
4.5 Baths
4,602 Sq Ft
$167/Sq Ft Est. Value

Last Sold June 18, 2018

Last sale price $525,000 $114 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $4,501/month

102 Days on Market

Highlights

  • Steam Room
  • Updated Kitchen
  • Family Room with Fireplace
  • Custom Home
  • Secluded Lot
  • Vaulted Ceiling

About This Home

As of June 2018

Tranquility, comfort and luxury are just a few words to describe this one of a kind custom log home. This grand home features a large great room with four bedrooms, 4 1/2 baths, family room and two sunroom areas. Built from Swedish cope Red Pine logs, cathedral ceilings with exposed beams, eye catching details at every corner. Rumford style stone fireplace, gourmet kitchen with custom cherry cabinets, granite counters, double oven, gas Thermador cook-top. Slate, bamboo and cherry flooring, luxury showers and jetted tubs. Step outside and enjoy the wrap around front porch and soak up the peaceful sound of Sinking Creek, private 4.75 acres with mature landscaping. Newly constructed three car garage, gardening shed and chicken residence all convey. Only 15 minutes to VA Tech.

Last Agent to Sell the Property

Jennifer Breedlove

Mabry & Cox REALTORS® License #225079133 Listed on: 01/16/2018

Last Buyer's Agent

Rob Jones

Coldwell Banker Townside Bburg License #225180971

Coldwell Banker Townside Bburg

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,815

Year Built

  • Built in 2004 | Remodeled

Lot Details

  • 4.75 Acre Lot
  • Landscaped
  • Secluded Lot
  • Private Yard
  • Garden
  • Property is in very good condition

Home Design

  • Custom Home
  • Log Cabin
  • Shingle Roof
  • Log Siding

Interior Spaces

  • 4,602 Sq Ft Home
  • Beamed Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • French Doors
  • Panel Doors
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Storage
  • Property Views

Kitchen

  • Updated Kitchen
  • Gas Range
  • Microwave
  • Built-In or Custom Kitchen Cabinets

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Primary Bedroom on Main
  • Walk-In Closet
  • 4.5 Bathrooms
  • Spa Bath
  • Ceramic Tile in Bathrooms

Laundry

  • Laundry on main level
  • Electric Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Recreation or Family Area in Basement
  • Laundry in Basement
  • 2 Bathrooms in Basement
  • 2 Bedrooms in Basement

Parking

  • 3 Car Detached Garage
  • Gravel Driveway

Outdoor Features

  • Porch

Utilities

  • Heat Pump System
  • Well
  • Tankless Water Heater
  • Water Softener is Owned
  • Septic System

Community Details

  • Stream
  • Steam Room

Listing and Financial Details

  • Assessor Parcel Number 004811,004812

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,815

Year Built

Built in 2004 | Remodeled

Lot Details

0

Listing Details

  • Appearance: Custom Features, Upgrades, Very Good
  • Estimated Total Finished Sq Ft: 4602
  • Estimated Upper Finished Sq Ft: 952
  • Cable Internet Company: Pemtel
  • Class: Residential
  • County Or City: Craig
  • Deed Bk Pg Instrumnt: Bk/Pg: 195,152
  • Is The Power On: Yes
  • Is The Water On: Yes
  • Legal Description: Sinking Ck 2.55 AC Lot 4 Sinking CK 2.197 AC Lot 3
  • Lvt Date: 01/16/2018
  • Master On Main: Yes
  • Miscellaneous: Breakers
  • Number Rooms: 12
  • Parcel Nbr: 004811,004812
  • Property Sub Type: Detached
  • Bathrooms in the Basement: 2
  • Main Level Bathrooms: 1
  • Number of Upper Level Bathrooms: 1
  • Room Level Bedrooms Bsmt: 2
  • Room Level Bedrooms Main: 1
  • Room Level Bedrooms Uppe: 1
  • Main Level Half Bathrooms: 1
  • Style Structure Home: Log
  • Year Built: 2004
  • Special Features: None

Interior Features

  • Water Heater: Tankless
  • Flooring: Ceramic Tile, Hardwood
  • Appliances: Dryer/Electric, Microwave, Range/Gas, Washer, Water Softener/Owned
  • Basement: Finished, Laundry, Rec Room/Game Room, Walk Out
  • Bedrooms: 4
  • Fireplace: Family Room, Living Room
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fan(s), Ceramictile Bath(s), Custom Cabinets, Custom Countertops, Exposed Beams, Extra Storage, French Doors, Laundry On Main, Multi-Panel Doors, Pantry, Spa Shower, Spa Tub, Steam/Sauna, Upgrd/Gourmet Ktchn, Vaulted Ceiling, Walk-In Closet(s)

Exterior Features

  • Exterior Features: Garden Space, Gravel Driveway, Porch, Private Yard, Quality Landscaping
  • Exterior Finish: Log
  • Roofing: Shingle

Garage/Parking

  • Garage Carport: Triple Detached

Utilities

  • Air Conditioner: Heat Pump
  • Heating: Heat Pump
  • Sewer: Septic
  • Water: Well

Schools

  • School District: Craig County
  • Elementary School: McCleary
  • Middle School: Craig Combined
  • High School: Craig County

Lot Info

  • Land Description: Road Frontage, Secluded Lot, Stream, View
  • Lot Size: 206910

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2018
Closed on
Jun 4, 2018
Sold by
Cox Deanna Lynn and Brown Franklin Hal
Bought by
Knapp Richard B and Knapp Betsy C
Seller's Agent
Jennifer Breedlove
Mabry & Cox REALTORS®
Buyer's Agent
Rob Jones
Coldwell Banker Townside Bburg
List Price
$569,900
Sold Price
$525,000
Premium/Discount to List
-$44,900
-7.88%
Current Estimated Value
$767,658

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$242,658
Avg. Annual Appreciation
5.43%
Original Mortgage
$446,250
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 16, 2015
Sold by
Seifert Stephen J and Schwartz Elizabeth T
Bought by
Cox Deanna Lynn and Brown Franklin Hal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$379,000
Interest Rate
3.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 7, 2009
Sold by
Seifert Stephen J and Schwartz Elizabeth T
Bought by
Seifert Stephen J and Schwartz Elizabeth T
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
Knapp Richard B $525,000 Fidelity National Title Insu
Cox Deanna Lynn $479,000 None Available
Seifert Stephen J -- Investors Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Knapp Richard B $446,250
Closed Knapp Richard B $446,250
Previous Owner Cox Deanna Lynn $379,000
Previous Owner Theodore Schwartz Stephen J Seifert $100,000
Previous Owner Seifert Stephen J $320,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/18/2018 06/18/18 Sold $525,000 -4.5% $114 / Sq Ft
04/28/2018 04/28/18 Pending -- -- --
04/06/2018 04/06/18 Price Changed $549,900 -3.5% $119 / Sq Ft
01/16/2018 01/16/18 For Sale $569,900 -- $124 / Sq Ft
Source: New River Valley 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
2025 $3,815 $733,700 $46,000 $687,700
2024 $3,815 $733,700 $46,000 $687,700
2023 $2,589 $411,000 $36,000 $375,000
2022 $2,589 $411,000 $36,000 $375,000
2021 $2,589 $411,000 $36,000 $375,000
2020 $2,425 $411,000 $36,000 $375,000
2019 $2,425 $411,000 $36,000 $375,000
2018 $2,425 $411,000 $36,000 $375,000
2016 $2,284 $407,900 $36,000 $371,900
2014 $2,169 $387,300 $36,000 $351,300
Source: Public Records

Agents Affiliated with this Home

  • Jennifer Breedlove

    Seller's Agent in 2018

    Jennifer Breedlove

    Mabry & Cox REALTORS®

    (540) 440-0331

    91 Total Sales

    Jennifer Breedlove
    Section Image
  • Rob Jones

    Buyer's Agent in 2018

    Rob Jones

    Coldwell Banker Townside Bburg

    (540) 320-6688

    195 Total Sales

    Rob Jones
    Section Image
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Map

Source: New River Valley Association of REALTORS®

MLS Number: 400261

New River Valley Association of REALTORS®

APN: 120- - 1- - 8-C

Virginia Craig County Newport 24127

740 Cumberland Gap Rd, Newport, VA

This home is located at 740 Cumberland Gap Rd, Newport, VA 24128 since 16 January 2018 and is currently estimated at $767,658, approximately $166 per square foot. This property was built in 2004. 740 Cumberland Gap Rd is a home located in Craig County with nearby schools including McCleary Elementary School and Craig County High School.

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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