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1261 Whitetop Road

1261 Whitetop Road, Chilhowie, VA 24319
Property in Smyth
Sold May 20, 2020
$113,000
$113,000 by Eastman Credit Union
Mortgage
Sold Feb 14, 2006
$78,000
$48,000 by Countrywide Home Loans Inc
Mortgage Due Mar 01, 2036
1261 Whitetop 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 1943 and is 81 years old. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1261 Whitetop Road has 1,272 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 107,158 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. Moving on to the building itself. The condition of the building has been evaluated as average. The building has a gable style roof. The exterior walls of the building are made of brick. 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. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. 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, 1261 Whitetop Road was last sold in May 18, 2020 for $113,000. According to our calculations, that's $88.84 per sqft. Prior to that sales transaction, the property was sold for $78,000 in Feb 13, 2006. Current property owners are expected to pay $628 in taxes per year. The property on 1261 Whitetop Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $84,900. To break that down further, the land itself was valued at $19,100. While improvements to the property were assessed at a total of $65,800. 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: 1943
  • Effective Year Built: 1943
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Exterior Walls Type: Brick
  • Roof Shape Type: Gable
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 107,158
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,272
  • Building Area: 1,272
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 1,272
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 2.46
  • Standard Land Use Code: Single family residential
  • Legal Description 1: DUNCAN TRS 1 64 5 1

Ownership

  • Current Owner : GRAGG MASON CHALLIS
  • Current Owner 2: GRAGG KELLY LEONHARDT
  • Previous Owner : LAGERHOLM NANCY C
  • Owner Before Previous Owner: STURGILL ARLEN V
  • Owner Before Previous Owner 2: STURGILL ELIZABETH H
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Smyth County Public Schools
  • Census Tract: 030701

Geography

  • Assessors Map Reference: MB310 PG19
  • Account Number: 68012
  • District: 03
  • Subdivision Tract Number: 1
  • Parcel: May 01, 2064
  • Municipality: CHILHOWIE
  • Latitude: 36.7797
  • Longitude: -81.6753

    Address

  • Full Address: 1261 Whitetop Rd
  • Address - House Number: 1261
  • Address - Street Name: Whitetop
  • Address - Suffix Type: Rd
  • State: VA
  • City Name: Chilhowie
  • Carrier Code: H061
  • 4-Digit Zip Code: 3626
  • Zip Code: 24319

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $628

    Appraisal Valuation

  • Standard Deviation: 0.4424
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 11
  • Final Value: 145,192
  • High Value: 209,436
  • Low Value: 80,947

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $113,000
  • First Open Lien Mortgage Lender: EASTMAN CREDIT UNION
  • First Open Lien Mortgage Recording Date: May 20, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $113,000
  • 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: $84,900
  • Market Land Value: $19,100
  • Market Improvement Value: $65,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $84,900
  • Assessed Land Value: $19,100
  • Assessed Improvements Value: $65,800

    Sales

  • Current Sale Contract Date: May 18, 2020
  • Current Sale Recording Date: May 20, 2020
  • Current Sale Transaction ID: 11762046054
  • Current Sale Price: $113,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 200001134
  • Previous Sale Recording Date: Feb 14, 2006
  • Previous Sale Contract Date: Feb 13, 2006
  • Previous Sale Amount: $78,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: EASTMAN CREDIT UNION
  • First Mortgage Transaction Date: May 20, 2020
  • First Mortgage Loan Amount: $113,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: COUNTRYWIDE HOME LOANS INC
  • Previous Mortgage Transaction Date: Feb 14, 2006
  • Previous Mortgage Financing Type: Unknown
  • Previous Mortgage Loan Amount: $48,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Mar 01, 2036

About Smyth



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Frequently Asked Questions

What neighborhood is 1261 Whitetop Road located in?
The 1261 Whitetop Road is a located in the neighborhood of Smyth in Smyth, Chilhowie.
What is the average sales price for listings in 1261 Whitetop Road?
The average sales price for units in 1261 Whitetop Road is $0 currently.

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