NOT LISTED FOR SALE

8402 Bean Gap Rd Pound, VA 24279

Estimated Value: $71,000 - $108,000

3 Beds
1 Bath
1,500 Sq Ft
$61/Sq Ft Est. Value

Last Sold March 15, 2013

Last sale price $30,000 $20 Per Sq Ft

Est. 205% increase in value since last sale

Current estimated payment $531/month

50 Days on Market

Highlights

  • Barn
  • Traditional Architecture
  • Rear Porch
  • 1.53 Acre Lot
  • Wood Flooring
  • Attached Garage

About This Home

As of March 2013

Three bedroom, 1 full bath cottage. Features a carport and barn with 1.533 acres of land beside of highway 23. Convenient location. Good fixer-upper.

Last Agent to Sell the Property

Kimberly Perry

Ridgeview Real Estate License #0225190546 Listed on: 01/02/2013

Last Buyer's Agent

Lettie Brownlee

AMSOUTH/DOWNTOWN License #301655

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $411

Year Built

  • Built in 1953

Lot Details

  • 1.53 Acre Lot
  • Level Lot
  • Property is in below average condition

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,500 Sq Ft Home
  • 1-Story Property
  • Paneling
  • Living Room with Fireplace
  • Basement
  • Block Basement Construction

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • Attached Garage
  • 1 Carport Space

Outdoor Features

  • Patio
  • Rear Porch

Schools

  • J.W. Adams Elementary And Middle School
  • Central High School

Farming

  • Barn

Utilities

  • No Cooling
  • No Heating
  • Private Sewer

Listing and Financial Details

  • Foreclosure
  • Assessor Parcel Number 039373

Home Details

Home Type

Single Family

Est. Annual Taxes

$411

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Directions: On highway 23 North past Wise going toward Pound - turn right onto Bean Gap Road. Property is immediately on the right.
  • Prop. Type: Residential
  • Year Built: 1953
  • Garage Carport Spaces: 1
  • Property Sub Type: Single Family Residence
  • ResoSpecialListingConditions: In Foreclosure
  • Architectural Style: Traditional
  • Unit Levels: One and One Half
  • New Construction: No
  • Reso Structure Type: House
  • Contract Info Foreclosure: Yes
  • Contract Info Short Sale: No
  • General Property Description Acres: 1.53
  • General Property Description Zoning2: 0
  • General Property Description Elementary School3: J.W. Adams
  • General Property Description Middle School2: J.W. Adams
  • General Property Description High School3: Central (Wise, Va)
  • Water Public: Yes
  • General Property Description Lot Dimensions: 1.533 AC
  • General Property Description Home Warranty: No
  • General Property Description Total SqFt Finished: 1500.0
  • General Property Description Above Grade SqFt: 1500.0
  • TopographyLot Description Level2: Yes
  • Flooring Hardwood: Yes
  • General Property Description Parcel ID2: 039373
  • General Property Description Stories2: 1
  • Roof Composition: Yes
  • TopographyLot Description Sloped: Yes
  • Flooring Carpet: Yes
  • Foundation Block6: Yes
  • Property Condition Poor: Yes
  • Flooring Vinyl: Yes
  • Walls Paneling: Yes
  • Other Structures Barn(s): Yes
  • Basement Block4: Yes
  • Sewer Private Sewer: Yes
  • Levels One and One Half: Yes
  • Structure Type:House: Yes
  • Special Features: 1028

Interior Features

  • Has Basement: Block, Concrete
  • Flooring: Carpet, Hardwood, Vinyl
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Total Bedrooms: 6
  • General Property Description Baths - Full: 1
  • Fireplace:Living Room: Yes
  • Basement:Concrete3: Yes

Exterior Features

  • Property Condition: Poor
  • Roof: Composition
  • Other Structures: Barn(s)
  • Acres: 1.53
  • Topography: Level, Sloped
  • Home Warranty: No
  • Construction Type: Brick, Wood Siding
  • Foundation Details: Block
  • Patio And Porch Features: Back, Porch
  • Exterior Finish Wood Siding: Yes
  • Exterior Finish Brick4: Yes
  • PorchPatioDeck Back: Yes
  • PorchPatioDeck Porch: Yes

Garage/Parking

  • Parking Features: Attached
  • Attached Garage: Yes
  • Parking Features:Attached: Yes

Utilities

  • Heating: None
  • Sewer: Private Sewer
  • Cooling: None
  • Cooling Y N: No
  • HeatingYN: No
  • Water Source: Public
  • Heating:None7: Yes

Schools

  • Elementary School: J.W. Adams
  • High School: Central (Wise, Va)
  • Middle Or Junior School: J.W. Adams

Lot Info

  • Zoning: 0
  • Lot Dimensions: 1.533 AC
  • Lot Size Sq Ft: 66646.8
  • ResoLotSizeUnits: Acres
  • Parcel #: 039373
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2013
Closed on
Jan 29, 2013
Sold by
Benfical Fincial I Inc
Bought by
Short Marsha
Seller's Agent
Kimberly Perry
Ridgeview Real Estate
Buyer's Agent
Lettie Brownlee
AMSOUTH/DOWNTOWN
List Price
$34,900
Sold Price
$30,000
Premium/Discount to List
-$4,900
-14.04%
Current Estimated Value
$91,355

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,355
Avg. Annual Appreciation
12.14%
Original Mortgage
$41,327
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 20, 2012
Sold by
Surety Trustees Llc
Bought by
Beneficial Financial I Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,327
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage
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
Short Marsha $30,000 None Available
Beneficial Financial I Inc $26,188 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Short Marsha $41,327
Previous Owner Vartin Timothy $83,058
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2013 03/15/13 Sold $30,000 -14.0% $20 / Sq Ft
02/22/2013 02/22/13 Pending -- -- --
01/02/2013 01/02/13 For Sale $34,900 -- $23 / 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 $411 $59,500 $11,400 $48,100
2024 $411 $59,500 $11,400 $48,100
2023 $411 $59,500 $11,400 $48,100
2022 $411 $59,500 $11,400 $48,100
2021 $401 $58,100 $11,400 $46,700
2020 $401 $58,100 $11,400 $46,700
2019 $401 $58,100 $11,400 $46,700
2018 $360 $58,100 $11,400 $46,700
2017 $349 $58,100 $11,400 $46,700
2016 $349 $58,100 $11,400 $46,700
2015 -- $58,100 $11,400 $46,700
2010 -- $110,500 $10,800 $99,700
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2013

    Kimberly Perry

    Ridgeview Real Estate

  • L

    Buyer's Agent in 2013

    Lettie Brownlee

    AMSOUTH/DOWNTOWN

  • M

    Buyer's Agent in 2013

    Mark Love

    Northstar Realty

  • J

    Buyer's Agent in 2013

    JACKIE BOWMAN

    Ridgeview Real Estate

  • B

    Buyer's Agent in 2013

    BETTY FULTON

    Crye-Leike, REALTORS

See All Agents

Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 328063

Tennessee/Virginia Regional MLS

APN: R039373

Virginia Wise County Pound 24279

8402 Bean Gap Rd, Pound, VA

This home is located at 8402 Bean Gap Rd, Pound, VA 24279 since 02 January 2013 and is currently estimated at $91,355, approximately $60 per square foot. This property was built in 1953. 8402 Bean Gap Rd is a home located in Wise County.

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