$485,000
SOLD DEC 11, 2024

7465 Reedy Creek Rd Bristol, VA 24202

5 Beds
3 Baths
3,236 Sq Ft
43.64 Acres

Recently Sold

$150 Per Sq Ft

3% Below List Price

4 Days on Market

Highlights

  • In Ground Pool
  • 43.64 Acre Lot
  • Craftsman Architecture
  • Wallace Middle School Rated A-
  • Open Floorplan
  • Mountain View

About This Home

As of December 2024

MULTIPLE OFFERS - Sellers asking for Best and Final by 5pm Tuesday, November 12th.
Amazing opportunity to own your dream property at a bargain price. This 3236 Sq. Ft. 5-bedroom, 3 bath home sits on 44 secluded acres of wooded land with mountain views. This property needs a thorough cleaning and interior painting but has tremendous potential. The large vaulted great room includes a gas fireplace and connects to an open kitchen with granite countertops and a large island. A large walk-in pantry sits just off the kitchen. The main level includes one full bath, an office, a large bedroom and a bonus room that could be used as a 6th bedroom or family room. Upstairs, there are 4 large bedrooms and a huge primary suite with gas fireplace, jetted tub, walk-in tiled shower and double vanity. The basement offers a drive-under 2-car garage and additional unfinished space for future growth or storage. Off the back of the home is a deck that leads to an in-ground pool in need of repair.
The long driveway up to the property needs some grading in some spots and is currently best accessed by 4-wheel drive or ATV. The 44 acres includes 3 parcels and multiple possible home sites along the drive for those who may be interested in developing the land as a family compound or small subdivision. Land is currently zoned A1 and A2.
Bring your vision to this property and realize the tremendous potential in this opportunity.

Last Agent to Sell the Property

William (Bill) Lokar

Weichert Realtors Saxon Clark KPT License #TN. 369044,VA 0225266068 Listed on: 11/08/2024

Weichert Realtors Saxon Clark KPT

Last Buyer's Agent

AManda Fitzgerald

Selling Stateline Real Estate Group License #370348

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,635

Year Built

  • Built in 2002

Lot Details

  • 43.64 Acre Lot
  • Wooded Lot
  • Property is zoned A1, A2

Parking

  • 2 Car Garage

Home Design

  • Craftsman Architecture
  • Fixer Upper
  • Shingle Roof
  • Stone Exterior Construction
  • HardiePlank Type
  • Stone

Interior Spaces

  • 3,236 Sq Ft Home
  • Open Floorplan
  • Gas Log Fireplace
  • Great Room with Fireplace
  • 2 Fireplaces
  • Dining Room
  • Bonus Room
  • Mountain Views
  • Washer and Electric Dryer Hookup
  • Unfinished Basement

Kitchen

  • Double Oven
  • Cooktop
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • 3 Full Bathrooms

Outdoor Features

  • In Ground Pool
  • Deck
  • Front Porch

Schools

  • Valley Institute Elementary School
  • Wallace Middle School
  • John S. Battle High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 138 1 4 025398

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,635

Year Built

Built in 2002

Lot Details

0

Parking

2

Listing Details

  • Directions: From Exit 1 of I-81 follow route 58 west. Turn left on Reedy Creek Road. Drive way is on the left.
  • Prop. Type: Residential
  • Year Built: 2002
  • Garage Garage Spaces: 2
  • Property Sub Type: Single Family Residence
  • Bedroom 2 Level: Second
  • Dining Room Level: First
  • Kitchen Level: First
  • Subdivision Name: Not Listed
  • Architectural Style: Craftsman
  • New Construction: No
  • Reso Structure Type: House
  • Contract Info Foreclosure: No
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Acres: 43.64
  • General Property Description Zoning2: A1, A2
  • General Property Description Elementary School3: Valley Institute
  • General Property Description Middle School2: Wallace
  • General Property Description High School3: John S. Battle
  • General Property Description HOA YN: No
  • General Property Description Lot Dimensions: IRR
  • General Property Description Home Warranty: No
  • General Property Description Total SqFt Finished: 3236.0
  • General Property Description Above Grade SqFt: 3236.0
  • Flooring Hardwood: Yes
  • General Property Description Parcel ID2: 138 1 4 025398
  • General Property Description # Fireplaces: 2
  • Roof Shingle: Yes
  • AC Heat Pump3: Yes
  • Pool Features In Ground: Yes
  • View Mountain(s): Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Fireplace Great Room: Yes
  • Other Rooms Bonus Room3: Yes
  • Property Condition Fixer: Yes
  • Primary Bedroom Level: Second
  • Flooring Ceramic Tile: Yes
  • TopographyLot Description Wooded: Yes
  • Rooms Great Room3: Yes
  • Rooms Family Room3: Yes
  • Structure Type:House: Yes
  • Special Features: None

Interior Features

  • Appliances: Cooktop, Dishwasher, Double Oven
  • Has Basement: Unfinished
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Granite Counters, Kitchen Island, Open Floorplan, Pantry, Walk-In Closet(s)
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Bedroom 5 Level: First
  • Family Room Level: First
  • Great Room Level: First
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: Primary Bedroom, Gas Log, Great Room
  • Fireplaces: 2
  • Total Bedrooms: 13
  • General Property Description Baths - Full: 3
  • Interior Features:Pantry: Yes
  • Appliances Dishwasher: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Fireplace:Gas Log: Yes
  • Interior Features:Granite Counters: Yes
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Kitchen Island: Yes
  • Appliances:Cooktop: Yes
  • Basement:Unfinished: Yes
  • Other Rooms:Dining Room: Yes
  • Appliances:Double Oven: Yes
  • Fireplace Primary Bedroom2: Yes

Exterior Features

  • Property Condition: Fixer
  • Roof: Shingle
  • View: Mountain(s)
  • Pool Features: In Ground
  • Acres: 43.64
  • Topography: Wooded
  • Home Warranty: No
  • Construction Type: HardiPlank Type, Stone
  • Patio And Porch Features: Deck, Front Porch
  • PorchPatioDeck Deck: Yes
  • PorchPatioDeck Front Porch: Yes
  • Exterior Finish HardiPlank Type: Yes
  • Exterior Finish Stone5: Yes

Garage/Parking

  • Garage Spaces: 2.0

Utilities

  • Heating: Fireplace(s), Heat Pump
  • Sewer: Septic Tank
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Well
  • Heating:Heat Pump2: Yes
  • Heating:Fireplace(s): Yes
  • Sewer Septic Tank: Yes
  • Water Well: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Valley Institute
  • High School: John S. Battle
  • Middle Or Junior School: Wallace

Lot Info

  • Zoning: A1, A2
  • Lot Dimensions: IRR
  • Lot Size Sq Ft: 1900958.4
  • ResoLotSizeUnits: Acres
  • Parcel #: 138 1 4 025398
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Book Number: 1095

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2024
Closed on
Dec 6, 2024
Sold by
Banks J Burton J and Banks Korina
Bought by
Fitzgerald Amanda and Fitzgerald Brian
Seller's Agent
William (Bill) Lokar
Weichert Realtors Saxon Clark KPT
Buyer's Agent
AManda Fitzgerald
Selling Stateline Real Estate Group
List Price
$500,000
Sold Price
$485,000
Premium/Discount to List
-$15,000
-3%
Views
48
Current Estimated Value
$557,524

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,524
Avg. Annual Appreciation
11.90%
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 Type Sale Price Title Company
Deed $485,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $472,000 Credit Line Revolving
Previous Owner $122,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/11/2024 12/11/24 Sold $485,000 -3.0% $150 / Sq Ft
11/12/2024 11/12/24 Pending -- -- --
11/08/2024 11/08/24 For Sale $500,000 -- $155 / 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 $1,635 $558,400 $170,900 $387,500
2024 $1,635 $347,000 $119,000 $228,000
2023 $2,082 $400 $0 $400
2022 $2,082 $400 $0 $400
2021 $2,082 $347,000 $119,000 $228,000
2019 $1,639 $335,500 $119,000 $216,500
2018 $1,639 $335,500 $119,000 $216,500
2017 $1,639 $335,500 $119,000 $216,500
2016 $1,631 $377,100 $165,400 $211,700
2015 $1,631 $377,100 $165,400 $211,700
2014 $1,631 $377,100 $165,400 $211,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 9973277

Tennessee/Virginia Regional MLS

APN: 138-1-4