NOT LISTED FOR SALE

878 Ponderosa Rd Nickelsville, VA 24271

Estimated Value: $239,000 - $416,667

3 Beds
2 Baths
2,232 Sq Ft
$155/Sq Ft Est. Value

Last Sold January 23, 2013

Last sale price $165,000 $74 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $2,056/month

157 Days on Market

Highlights

  • Wood Flooring
  • Solid Surface Countertops
  • Log Cabin
  • Main Floor Primary Bedroom
  • Covered Patio or Porch
  • 2 Car Attached Garage

About This Home

As of January 2013

Beautiful log home located on 5.5 acres in desirable Nickelsville, VA. With three bedrooms, two bathrooms and a large open great room and kitchen this would be a perfect family home or retreat in the country. The master suite features a large bedroom, walk in closet and master bath with a claw foot tub and steam shower. There is plenty of space for expansion with the heated and cooled unfinished bottom level with space for a large family room and plumbing in place for a third bathroom. Don't miss out on this amazing opportunity!

Last Agent to Sell the Property

LISTINGS TRANSFERRED

Lonesome Pine Realty Listed on: 07/13/2012

Last Buyer's Agent

Amanda Harrison

Rocky Top Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,111

Year Built

  • Built in 2007

Lot Details

  • 5.5 Acre Lot
  • Lot Has A Rolling Slope
  • Property is in good condition

Parking

  • 2 Car Attached Garage
  • Gravel Driveway

Home Design

  • Log Cabin
  • Log Walls
  • Composition Roof
  • Log Siding

Interior Spaces

  • 2,232 Sq Ft Home
  • 2-Story Property
  • Home Security System

Kitchen

  • Range
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Outdoor Features

  • Covered Patio or Porch

Schools

  • Nickelsville Elementary School
  • Twin Springs Middle School
  • Twin Springs High School

Utilities

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

Community Details

  • FHA/VA Approved Complex

Listing and Financial Details

  • Foreclosure
  • Assessor Parcel Number 89 2 7

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,111

Year Built

Built in 2007

Lot Details

0

Parking

2

Listing Details

  • Directions: From West Jackson Street in Gate City, continue until West Jackson becomes Nickelsville Highway. Travel 6.3 miles and turn right onto Ponderosa Road. Travel 0.8 miles on Ponderosa Road. Property is located on the right.
  • Prop. Type: Residential
  • Year Built: 2007
  • Garage Garage Spaces: 2
  • Property Sub Type: Single Family Residence
  • ResoSpecialListingConditions: In Foreclosure
  • Architectural Style: Log
  • Unit Levels: Two
  • New Construction: No
  • Reso Structure Type: House
  • Contract Info Foreclosure: Yes
  • Contract Info Short Sale: No
  • General Property Description Acres: 5.5
  • General Property Description Zoning2: Residential
  • General Property Description Elementary School3: Nickelsville
  • General Property Description Middle School2: Twin Springs
  • General Property Description High School3: Twin Springs
  • Property Condition Above Average: Yes
  • General Property Description Lot Dimensions: 239,579
  • General Property Description Home Warranty: No
  • General Property Description Total SqFt Finished: 2232.0
  • General Property Description Above Grade SqFt: 2232.0
  • Appliances Refrigerators: Yes
  • Flooring Hardwood: Yes
  • General Property Description Parcel ID2: 89 2 7
  • AC Heat Pump3: Yes
  • Financing FHA: Yes
  • General Property Description Stories2: 2
  • Roof Composition: Yes
  • TopographyLot Description Rolling Slope: Yes
  • TopographyLot Description Sloped: Yes
  • Flooring Ceramic Tile: Yes
  • Walls Log4: Yes
  • Style Log3: Yes
  • Levels:Two: Yes
  • Structure Type:House: Yes
  • Special Features: 1028

Interior Features

  • Appliances: Dishwasher, Range, Refrigerator
  • Has Basement: Full, Interior Entry
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Primary Downstairs, Security System, Solid Surface Counters
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Total Bedrooms: 6
  • General Property Description Baths - Full: 2
  • Interior Features:Solid Surface Counters: Yes
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Basement:Interior Entry: Yes
  • Full Basement: Yes
  • Interior Features Security System2: Yes
  • Interior Features:Primary Downstairs: Yes

Exterior Features

  • Property Condition: Above Average
  • Roof: Composition
  • Acres: 5.5
  • Topography: Rolling Slope, Sloped
  • Home Warranty: No
  • Construction Type: Log
  • Patio And Porch Features: Back, Covered, Front Patio, Front Porch
  • PorchPatioDeck Back: Yes
  • PorchPatioDeck Covered: Yes
  • PorchPatioDeck Front Patio: Yes
  • PorchPatioDeck Front Porch: Yes
  • Exterior Finish Log2: Yes

Garage/Parking

  • Parking Features: Attached, Gravel
  • Sq Ft DetailsGarageTotalSq Ft: 432
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features:Gravel: Yes
  • Parking Features:Attached: Yes

Utilities

  • Heating: Heat Pump
  • Sewer: Septic Tank
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Well
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: Yes
  • Water Well: Yes

Schools

  • Elementary School: Nickelsville
  • High School: Twin Springs
  • Middle Or Junior School: Twin Springs

Lot Info

  • Zoning: Residential
  • Lot Dimensions: 239,579
  • Lot Size Sq Ft: 239580.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 89 2 7
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Book Number: 534

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2012
Closed on
Dec 12, 2012
Sold by
Federal Home Loan Mortgage Cop
Bought by
Mullins Raymond and Mullins Candace
Seller's Agent
LISTINGS TRANSFERRED
Lonesome Pine Realty
Buyer's Agent
Amanda Harrison
Rocky Top Realty, Inc.
List Price
$275,625
Sold Price
$165,000
Premium/Discount to List
-$110,625
-40.14%
Current Estimated Value
$345,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$180,667
Avg. Annual Appreciation
6.04%
Original Mortgage
$152,625
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 7, 2006
Sold by
Johnson Micheal E and Johnson Jennifer M
Bought by
Borie Thomas R and Borie Anna

Purchase Details

Closed on
Aug 2, 2005
Sold by
Casteel Truman L and Casteel Elizabeth A
Bought by
Johnson Micheal E and Johnson Jennifer M
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
Mullins Raymond $160,000 None Available
Borie Thomas R $33,000 None Available
Johnson Micheal E $25,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mullins Candace Cole $202,000
Closed Mullins Candace Cole $61,000
Closed Mullins Candace Cole $35,000
Closed Mullins Raymond $152,625
Previous Owner Borie Thomas R $259,500
Previous Owner Borie Thomas R $264,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/23/2013 01/23/13 Sold $165,000 -40.1% $74 / Sq Ft
12/18/2012 12/18/12 Pending -- -- --
07/13/2012 07/13/12 For Sale $275,625 -- $123 / 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
2024 $2,111 $274,100 $36,500 $237,600
2023 $2,111 $274,100 $36,500 $237,600
2022 $2,111 $274,100 $36,500 $237,600
2021 $1,732 $216,500 $27,000 $189,500
2020 $1,732 $216,500 $27,000 $189,500
2019 $1,732 $216,500 $27,000 $189,500
2018 $1,602 $216,500 $27,000 $189,500
2017 $1,602 $216,500 $27,000 $189,500
2016 -- $216,500 $27,000 $189,500
2015 -- $254,400 $24,800 $229,600
2014 -- $254,400 $24,800 $229,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 322679

Tennessee/Virginia Regional MLS

APN: 89-2-7