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1107 Horseshoe Bend Road

1107 Horseshoe Bend Road, Chilhowie, VA 24319
Property in Smyth
Sold Sep 08, 2020
$105,000
$105,000 by Eastman Credit Union
Mortgage
Sold Mar 03, 2017
$16,100
1107 Horseshoe Bend Road has been categorized by the local assessors in Chilhowie, VA as a residential type of property. The building on the property was first built in 1997 and is 27 years old. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1107 Horseshoe Bend Road has 1,408 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 20,038 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 750 sqft. According to our sources, there are a total of 2 available parking spaces. Moving on to the building itself. The condition of the building has been evaluated as average. The building has a gable style roof made of composition shingle. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a heat pump. Finally, the property is currently sourcing its water from a municipal system. The property is connected to a septic system and not a municipal sewage system. The homeowner of this property will need to handle their own water disposal. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1107 Horseshoe Bend Road sold most recently in Sep 8, 2020 for a total of $105,000. If you work out the math, that's approximately a cost of $74.57 per sqft. Before that, the property was also sold for $16,100 in Mar 2, 2017. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $796 in taxes each year. 1107 Horseshoe Bend Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $107,500. If we break it down further, the land itself was valued at $10,000. Improvements to the property, however, were assessed at a total of $97,500. The property's total market value has been marked the same as the total assessed value which is pretty typical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Wood Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1997
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 750
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 20,038
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,408
  • Building Area: 1,408
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 1,408
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Septic
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: CLEGHORN VALLEY
  • Land Acres: 0.46
  • Standard Land Use Code: Single family residential
  • Legal Description 1: CLEGHORN VALLEY 1107 HORSESHOE BEND 42 A 28B

Ownership

  • Current Owner : MITCHELL DALE D
  • Current Owner 2: CORNETT GABRIELLE A
  • Previous Owner : RILEY KEITH
  • Owner Before Previous Owner: The Secretary Of Housing And Urban Devel
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Smyth County Public Schools
  • Census Tract: 030100

Geography

  • Assessors Map Reference: MB415 PG1
  • Account Number: 47415
  • District: 02
  • Subdivision Tract Number: D
  • Parcel: 42-A-28B
  • Municipality: NORTH FORK
  • Latitude: 36.8509
  • Longitude: -81.6816

    Address

  • Full Address: 1107 Horseshoe Bend Rd
  • Address - House Number: 1107
  • Address - Street Name: Horseshoe Bend
  • Address - Suffix Type: Rd
  • State: VA
  • City Name: Chilhowie
  • Carrier Code: R001
  • 4-Digit Zip Code: 5482
  • Zip Code: 24319

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $796

    Appraisal Valuation

  • Standard Deviation: 0.4424
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 11
  • Final Value: 35,981
  • High Value: 51,901
  • Low Value: 20,060

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $105,000
  • First Open Lien Mortgage Lender: EASTMAN CREDIT UNION
  • First Open Lien Mortgage Recording Date: Sep 08, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $105,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $107,500
  • Market Land Value: $10,000
  • Market Improvement Value: $97,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $107,500
  • Assessed Land Value: $10,000
  • Assessed Improvements Value: $97,500

    Sales

  • Current Sale Contract Date: Sep 08, 2020
  • Current Sale Recording Date: Sep 08, 2020
  • Current Sale Transaction ID: 11791882034
  • Current Sale Price: $105,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 200002118
  • Previous Sale Recording Date: Mar 03, 2017
  • Previous Sale Contract Date: Mar 02, 2017
  • Previous Sale Amount: $16,100
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: EASTMAN CREDIT UNION
  • First Mortgage Transaction Date: Sep 08, 2020
  • First Mortgage Loan Amount: $105,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Smyth



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Frequently Asked Questions

What neighborhood is 1107 Horseshoe Bend Road located in?
The 1107 Horseshoe Bend Road is a modular home located in the neighborhood of Smyth in Smyth, Chilhowie.
What is the average sales price for listings in 1107 Horseshoe Bend Road?
The average sales price for units in 1107 Horseshoe Bend Road is $0 currently.

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