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3163 B F Buchanan Highway

3163 B F Buchanan Highway, Saltville, VA 24370
Property in Smyth
Sold Jan 16, 2018
$180,000
$171,000 by The Bank Of Marion
Mortgage Due Jan 01, 2048
Sold Sep 10, 2009
$37,500
$198,000 by The Bank Of Marion
Mortgage Due Sep 09, 2039
Local assessors in Saltville, VA have categorized 3163 B F Buchanan Highway as a residential type of property. The home was built in 2001 and is 23 years old. The property's lot size has been calculated to be 492,228 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 3163 B F Buchanan Highway has a total of 1,812 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 well system. As for water disposal, the home is connected to a septic system and not a municipal sewage or storm sewage system. Therefore the homeowner of this property will need to handle their own water disposal every three to five years - though the exact number may differ. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. Moving onto specific details regarding the building. Our sources show that the building condition is good. The building has a gable style roof that was made of composition shingle. Residents rely on central air conditioning for their cooling system. The home's a heat pump is the primary heating source. 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, 3163 B F Buchanan Highway sold most recently in Jan 16, 2018 for a total of $180,000. If you work out the math, that's approximately a cost of $56.82 per sqft. Before that, the property was also sold for $37,500 in Sep 3, 2009. 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 $1,359 in taxes each year. 3163 B F Buchanan Highway was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $183,700. If we break it down further, the land itself was valued at $33,500. Improvements to the property, however, were assessed at a total of $150,200. The property's total market value has been marked the same as the total assessed value which is pretty typical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 1,356
  • Garage Type: Garage
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 492,228
  • Lot Size Frontage Feet: 0
  • Total Building Area: 3,168
  • Building Area: 1,812
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 1,812
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Subdivision: BLACK HILL
  • Land Acres: 11.3
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BLACK HILL E OF RT 16 10 1 3A

Ownership

  • Current Owner : SCHLEIFE GEORGE R
  • Previous Owner : THE BANK OF MARION A VIRGINIA BANKING CO
  • Owner Before Previous Owner: JONES ROBERT G
  • Owner Before Previous Owner 2: JONES DEBORAH J
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Geography

  • Assessors Map Reference: MB93 PG167
  • Account Number: 84107
  • District: 02
  • Parcel: 10-1-3A
  • Municipality: NORTH FORK
  • Latitude: 36.9752
  • Longitude: -81.5304

    Address

  • Full Address: 3163 Bf Buchanan Hwy
  • Address - House Number: 3163
  • Address - Street Name: Bf Buchanan
  • Address - Suffix Type: Hwy
  • State: VA
  • City Name: Saltville
  • Carrier Code: R003
  • 4-Digit Zip Code: 4204
  • Zip Code: 24370

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,359

    Appraisal Valuation

  • Standard Deviation: 0.4424
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 11
  • Final Value: 235,199
  • High Value: 339,269
  • Low Value: 131,128

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $171,000
  • First Open Lien Mortgage Lender: THE BANK OF MARION
  • First Open Lien Mortgage Recording Date: Jan 16, 2018
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $171,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Closed-end Mortgage
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2048

    Market Valuation

  • Market Total Value: $183,700
  • Market Land Value: $33,500
  • Market Improvement Value: $150,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $183,700
  • Assessed Land Value: $33,500
  • Assessed Improvements Value: $150,200

    Sales

  • Current Sale Contract Date: Jan 16, 2018
  • Current Sale Recording Date: Jan 16, 2018
  • Current Sale Transaction ID: 11381222380
  • Current Sale Price: $180,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 180000085
  • Previous Sale Recording Date: Sep 10, 2009
  • Previous Sale Contract Date: Sep 03, 2009
  • Previous Sale Amount: $37,500
  • Previous Sale Document Type: Quit Claim Deed

    Last Sale Mortgage

  • First Mortgage Lender: THE BANK OF MARION
  • First Mortgage Transaction Date: Jan 16, 2018
  • First Mortgage Loan Amount: $171,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Closed-end Mortgage
  • First Mortgage Loan Due Date: Jan 01, 2048

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: THE BANK OF MARION
  • Previous Mortgage Transaction Date: Sep 10, 2009
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $198,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Sep 09, 2039

About Smyth



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Frequently Asked Questions

What neighborhood is 3163 B F Buchanan Highway located in?
The 3163 B F Buchanan Highway is a located in the neighborhood of Smyth in Smyth, Saltville.
What is the average sales price for listings in 3163 B F Buchanan Highway?
The average sales price for units in 3163 B F Buchanan Highway is $0 currently.

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