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3485 Heralds Valley Road

3485 Heralds Valley Road, Castlewood, VA 24224
Property in Russell
Sold Jun 01, 2016
$58,000
$49,300 by New Peoples Bank Inc
Mortgage
Sold Oct 07, 2011
$137,500
$71,195 by Trupoint Bank
Mortgage
3485 Heralds Valley Road in Castlewood, VA was first built in 1950 and is 74 years old. This has been categorized as a residential property type. There are a total of 6 floors. There are a total of 3 rooms in the home, of which, 2 are bedrooms. 3485 Heralds Valley Road has 1,608 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 43,560 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of metal. Water for the property is sourced from none system. We do not have data on where the property's water is sourced from. For those who need parking, there is a carport. There are a total of 2 available parking spaces. The condition of the building has been evaluated as poor. The exterior walls of the home are made of wood. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with a partial air conditioning. As for heating, the home is utilizing a forced air unit. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 3485 Heralds Valley Road sold most recently in Jun 1, 2016 for a total of $58,000. If you work out the math, that's approximately a cost of $36.07 per sqft. Before that, the property was also sold for $137,500 in Sep 29, 2011. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $519 in taxes each year. 3485 Heralds Valley Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $82,400. If we break it down further, the land itself was valued at $8,000. Improvements to the property, however, were assessed at a total of $74,400. The property's total market value has been marked the same as the total assessed value which is pretty typical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 1950
  • Effective Year Built: 1950
  • Total Rooms: 3
  • Bedroom Count: 2
  • Building Condition: Poor
  • Exterior Walls Type: Wood
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Metal
  • Floor Count: 6
  • Floor Cover: Wood
  • Basement Type: Unspecified basement
  • Basement Area: 648
  • Garage Type: Carport
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 1,608
  • Building Area: 1,608
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Partial air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,608
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: None

Building

  • Property Class: Residential
  • Land Acres: 1
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Surface rights (grazing, timber, coal)
  • Legal Description 1: HERALDS VALLEY CASTLEWOOD

Ownership

  • Current Owner : MULLINS JOSHUA DANIEL
  • Current Owner 2: MULLINS CHRISTY LYNN
  • Previous Owner : JOHNSON KENNETH MARVIN
  • Previous Owner 2: JOHNSON REBECCA
  • Owner Before Previous Owner: MILTON DOSS JACKSON
  • Owner Before Previous Owner 2: MILTON DEBORAH R

Neighborhood

  • School District Name: Russell County Public Schools
  • Census Tract: 030600

Geography

  • Account Number: 7768
  • Parcel: 141R 1328
  • Municipality: CASTLEWOOD
  • Latitude: 36.9284
  • Longitude: -82.2271

    Address

  • Full Address: 3485 Heralds Valley Rd
  • Address - House Number: 3485
  • Address - Street Name: Heralds Valley
  • Address - Suffix Type: Rd
  • State: VA
  • City Name: Castlewood
  • Carrier Code: R001
  • 4-Digit Zip Code: 7245
  • Zip Code: 24224

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $519

    Appraisal Valuation

  • Standard Deviation: 0.1221
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 75
  • Final Value: 137,990
  • High Value: 154,840
  • Low Value: 121,139

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $49,300
  • First Open Lien Mortgage Lender: NEW PEOPLES BANK INC
  • First Open Lien Mortgage Recording Date: Jun 01, 2016
  • First Open Lien Mortgage Loan Amount: $49,300
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Market Valuation

  • Market Total Value: $82,400
  • Market Land Value: $8,000
  • Market Improvement Value: $74,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $82,400
  • Assessed Land Value: $8,000
  • Assessed Improvements Value: $74,400

    Sales

  • Current Sale Contract Date: Jun 01, 2016
  • Current Sale Recording Date: Jun 01, 2016
  • Current Sale Transaction ID: 1961595521
  • Current Sale Price: $58,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 1601003
  • Previous Sale Recording Date: Oct 07, 2011
  • Previous Sale Contract Date: Sep 29, 2011
  • Previous Sale Amount: $137,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: NEW PEOPLES BANK INC
  • First Mortgage Transaction Date: Jun 01, 2016
  • First Mortgage Loan Amount: $49,300
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

    Previous Mortgages

  • Previous Mortgage Lender: TRUPOINT BANK
  • Previous Mortgage Transaction Date: Oct 07, 2011
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $71,195
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Credit Line (Revolving)

About Russell



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Frequently Asked Questions

What neighborhood is 3485 Heralds Valley Road located in?
The 3485 Heralds Valley Road is a located in the neighborhood of Russell in Russell, Castlewood.
What is the average sales price for listings in 3485 Heralds Valley Road?
The average sales price for units in 3485 Heralds Valley Road is $0 currently.

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