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103 East 24th Street North

103 East 24th Street North, Big Stone Gap, VA 24219
Property in Wise
Sold Aug 12, 2022
$65,000
$69,393 by Mortgage Electronic Registrati
Mortgage Due Sep 01, 2052
Sold Mar 02, 2021
$50,000
$32,489 by Farmers & Miners Bank
Mortgage
Local assessors in Big Stone Gap, VA have categorized 103 East 24th Street North as a residential type of property. The home was built in 1949 and is 75 years old. The property's lot size has been calculated to be 17,112 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a conventional style. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 103 East 24th Street North has a total of 1,138 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a carport for those who need a place to park their vehicle. There is only one available parking space, so if you need more, you may need to find some alternatives. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a roof that is made of metal. Lots of rock and stone were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. The home's a heat pump is the primary heating source and it is being fueled with electricity. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 103 East 24th Street North was last sold in Aug 12, 2022 for $65,000. According to our calculations, that's $57.12 per sqft. Prior to that sales transaction, the property was sold for $50,000 in Mar 1, 2021. Current property owners are expected to pay $561 in taxes per year. The property on 103 East 24th Street North was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $81,300. To break that down further, the land itself was valued at $16,000. While improvements to the property were assessed at a total of $65,300. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1949
  • Effective Year Built: 1949
  • Total Rooms: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Rock and stone
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Cover Type: Metal
  • Floor Count: 1
  • Floor Cover: Wood
  • Basement Type: Unfinished basement
  • Basement Area: 576
  • Garage Type: Carport
  • Parking Space Count: 1
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 17,112
  • Total Building Area: 1,138
  • Gross Building Area: 2,312
  • Building Area: 1,138
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 1,138
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.39
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Residential common area (condo/pud/etc.)
  • Legal Description 1: 13 & 14 INCL. B 198 P5

Ownership

  • Current Owner : BOWMAN ROBERTA
  • Previous Owner : DENNIS DAVIS
  • Owner Before Previous Owner: NEW PEOPLES BANK INC

Neighborhood

  • School District Name: Wise County Public Schools
  • Census Tract: 931300

Geography

  • Parcel: R001633
  • Municipality: BIG STONE GAP - BS
  • Latitude: 36.8824
  • Longitude: -82.7512

    Address

  • Full Address: 103 E 24th St N
  • Address - House Number: 103
  • Street Segment Direction: N
  • Street Direction: E
  • Address - Street Name: 24th
  • Address - Suffix Type: St
  • State: VA
  • City Name: Big Stone Gap
  • Carrier Code: C002
  • 4-Digit Zip Code: 3529
  • Zip Code: 24219

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $561

    Appraisal Valuation

  • Standard Deviation: 0.1292
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 74
  • Final Value: 104,434
  • High Value: 117,934
  • Low Value: 90,933

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $69,393
  • First Open Lien Mortgage Lender: MORTGAGE ELECTRONIC REGISTRATI
  • First Open Lien Mortgage Recording Date: Aug 12, 2022
  • First Open Lien Mortgage Loan Amount: $69,393
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2052

    Market Valuation

  • Market Total Value: $81,300
  • Market Land Value: $16,000
  • Market Improvement Value: $65,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $81,300
  • Assessed Land Value: $16,000
  • Assessed Improvements Value: $65,300

    Sales

  • Current Sale Contract Date: Aug 12, 2022
  • Current Sale Recording Date: Aug 12, 2022
  • Current Sale Transaction ID: 11894574415
  • Current Sale Price: $65,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 3745
  • Previous Sale Recording Date: Mar 02, 2021
  • Previous Sale Contract Date: Mar 01, 2021
  • Previous Sale Amount: $50,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE ELECTRONIC REGISTRATI
  • First Mortgage Transaction Date: Aug 12, 2022
  • First Mortgage Loan Amount: $69,393
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: FARMERS & MINERS BANK
  • Previous Mortgage Transaction Date: Mar 02, 2021
  • Previous Mortgage Loan Amount: $32,489
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Big Stone Gap



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Frequently Asked Questions

What neighborhood is 103 East 24th Street North located in?
The 103 East 24th Street North is a located in the neighborhood of Wise in Big Stone Gap, Big Stone Gap.
What is the average sales price for listings in 103 East 24th Street North?
The average sales price for units in 103 East 24th Street North is $0 currently.

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