NOT LISTED FOR SALE

8641 Fairystone Park Hwy Bassett, VA 24055

Estimated Value: $184,000 - $236,616

3 Beds
1 Bath
1,592 Sq Ft
$136/Sq Ft Est. Value

Last Sold December 12, 2019

Last sale price $26,000 $16 Per Sq Ft

Est. 731% increase in value since last sale

Current estimated payment $1,254/month

34 Days on Market

Highlights

  • Wood Flooring
  • Porch
  • Bathroom on Main Level
  • Main Floor Bedroom
  • Living Room
  • Forced Air Heating System

About This Home

As of December 2019

3 bedroom/ 1 bath home on almost 1 acre of land. Convenient to Philpott Lake and Fairystone Park. HUD owned (UI) Case #541-822901 properties sold as is without warranty or guarantee by seller.Sq ft./lot size estimated. Info. from tax records.

Last Agent to Sell the Property

Jane Barrow

The Spencer Group R.E. & Auction Brokerage Phone: 2766385222 License #0225197781 Listed on: 11/07/2019

Co-Listed By

Cathy Spencer

The Spencer Group R.E. & Auction Brokerage Phone: 2766385222 License #0255019646

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $935

Year Built

  • Built in 1942

Lot Details

  • 0.95 Acre Lot
  • Property is zoned S-R Sub Res

Home Design

  • Composition Roof
  • Aluminum Siding
  • Asbestos
  • Lead Paint Disclosure

Interior Spaces

  • 1,592 Sq Ft Home
  • Ceiling Fan
  • Living Room
  • Basement Cellar
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 1 Full Bathroom

Outdoor Features

  • Outbuilding
  • Porch

Schools

  • Campbell Court Elementary School
  • Fieldale-Collinsville Middle School
  • Bassett High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • Bassett Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$935

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: .947
  • Co List Office Mls Id: 196
  • Co List Office Phone: 276-638-5222
  • Subdivision Name: Bassett
  • Directions: 220 Business through Collinsville to 57 W property is located behind Easters Auto Sales. There is a driveway from 57 beside Easters and one off of Fairmont.
  • Carport Y N: No
  • Garage Yn: No
  • Year Built: 1942
  • Kitchen Level: First
  • RoomBedroomLevel: First
  • RoomBathroomLevel: First
  • Attribution Contact: 2766385222
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, As Is
  • Other Equipment: No Farm Equipment
  • Has Basement: Cellar
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Wood, Carpet, Vinyl
  • Interior Amenities: 1st Floor Bedroom, Ceiling Fan(s)
  • Living Area: 1592
  • Living Room Living Room Level: First
  • Room Family Room Level: First
  • Dining Room Dining Room Level: First

Exterior Features

  • Waterfront Features: No Surface Water
  • Disclosures: Lead Paint
  • Home Warranty: No
  • Construction Type: Aluminum Siding, Asbestos
  • Other Structures: Outbuilding
  • Patio And Porch Features: Porch
  • Property Condition: Fixer
  • Roof: Composition

Garage/Parking

  • Attached Garage: No
  • Parking Features: None

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Utilities Off
  • Water Source: Well

Schools

  • Elementary School: Campbell Court
  • High School: Bassett
  • Middle Or Junior School: Fieldale-Collinsville

Lot Info

  • Lot Size Sq Ft: 41251.32
  • Zoning: S-R Sub Res
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 20, 2025
Sold by
Scribner Rodney D and Scribner Carol L
Bought by
Ortiz Pedro
Current Estimated Value
$216,154

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Outstanding Balance
$224,074
Interest Rate
7.04%
Mortgage Type
New Conventional
Estimated Equity
$15,268

Purchase Details

Closed on
Mar 24, 2022
Sold by
Craig Kenneth L
Bought by
Scribner Rodney D and Scribner Carol L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
4.42%
Mortgage Type
VA

Purchase Details

Listed on
Nov 7, 2019
Closed on
Dec 12, 2019
Sold by
The Secretary Of Hud
Bought by
Craig Kenneth L
Seller's Agent
Jane Barrow
The Spencer Group R.E. & Auction
List Price
$26,000
Sold Price
$26,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
47.31%

Purchase Details

Closed on
May 22, 2019
Sold by
Anderson Law Foreclosure Commissioner
Bought by
The United States Secretary Of Hud
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Ortiz Pedro $225,000 Commonwealth Land Title
Scribner Rodney D $185,000 Aaron B Houchens Pc
Craig Kenneth L $26,000 Attorney
The United States Secretary Of Hud -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ortiz Pedro $225,000
Previous Owner Scribner Rodney D $185,000
Previous Owner Bryant Hester S $105,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/12/2019 12/12/19 Sold $26,000 0.0% $16 / Sq Ft
12/12/2019 12/12/19 Pending -- -- --
11/07/2019 11/07/19 For Sale $26,000 -- $16 / Sq Ft
Source: Martinsville, Henry & Patrick Counties 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 $935 $168,500 $10,000 $158,500
2023 $935 $168,500 $10,000 $158,500
2022 $860 $155,000 $10,000 $145,000
2021 $245 $44,200 $10,000 $34,200
2020 $260 $46,900 $10,000 $36,900
2019 $260 $46,900 $10,000 $36,900
2018 $26,030 $46,900 $10,000 $36,900
2017 $26,030 $46,900 $10,000 $36,900
2016 $23,668 $48,500 $10,000 $38,500
2015 $23,668 $48,500 $10,000 $38,500
2014 -- $48,500 $10,000 $38,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Martinsville, Henry & Patrick Counties Association of REALTORS®

MLS Number: 134129

APN: 023330001