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5416 Sinking Waters Road

5416 Sinking Waters Road, Bandy, VA 24602
Property in Tazewell
Sold Oct 22, 2010
$150,000
$119,500 by First Sentinel Bank
Mortgage Due Oct 20, 2025
5416 Sinking Waters Road in Bandy, VA was first built in 1997 and is 27 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a mobile home style. It is a single story home. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 5416 Sinking Waters Road has 1,448 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 261,360 square feet.

Learn more about the property and building on this page. There is a porch. The home has a gable style roof made of metal. Water for the property is sourced from a well system. The property is not connected to a municipal sewage system. Instead, it is connected to a septic system which you will need to handle on your own. The condition of the building has been evaluated as average. The exterior walls of the home are made of alum/vinyl siding. 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 air conditioning. As for heating, the home is utilizing a heat pump and being fueled with electricity. 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, 5416 Sinking Waters Road sold most recently in Oct 21, 2010 for a total of $150,000. If you work out the math, that's approximately a cost of $103.59 per sqft. 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 $487 in taxes each year. 5416 Sinking Waters Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $83,900. If we break it down further, the land itself was valued at $11,000. Improvements to the property, however, were assessed at a total of $72,900. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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!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: 1997
  • Effective Year Built: 1997
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Style: Mobile home
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Metal
  • Floor Count: 1
  • Floor Cover: Vinyl
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 261,360
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,448
  • Building Area: 1,448
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 1,448
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Land Acres: 6
  • Standard Land Use Code: Mobile/manufactured home (regardless of land ownership)
  • County Land Use Code: Easement (misc.)
  • Mobile Home Indicator: T
  • Legal Description 1: 6.00 ACRES SINKING WATERS NEAR BANDY

Ownership

  • Current Owner : ALTIZER GEORGE M
  • Current Owner 2: ALTIZER ALICE
  • Previous Owner : ADDISON JOHNNY KENT
  • Previous Owner 2: BROWN TAMMIE D
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Et al (and others)

Neighborhood

  • School District Name: Tazewell County Public Schools
  • Census Tract: 020302

Geography

  • Account Number: 25684
  • District: 03
  • Parcel: 090 A 0015
  • Municipality: MADEN SPRINGS
  • Latitude: 37.1356
  • Longitude: -81.6845

    Address

  • Full Address: 5416 Sinking Waters Rd
  • Address - House Number: 5416
  • Address - Street Name: Sinking Waters
  • Address - Suffix Type: Rd
  • State: VA
  • City Name: Bandy
  • Carrier Code: R001
  • 4-Digit Zip Code: 9114
  • Zip Code: 24602

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $487

    Appraisal Valuation

  • Standard Deviation: 0.2675
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 61
  • Final Value: 107,737
  • High Value: 136,557
  • Low Value: 78,917

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $119,500
  • First Open Lien Mortgage Lender: FIRST SENTINEL BANK
  • First Open Lien Mortgage Recording Date: Oct 22, 2010
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $119,500
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: Oct 20, 2025

    Market Valuation

  • Market Total Value: $83,900
  • Market Land Value: $11,000
  • Market Improvement Value: $72,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $83,900
  • Assessed Land Value: $11,000
  • Assessed Improvements Value: $72,900

    Sales

  • Current Sale Contract Date: Oct 21, 2010
  • Current Sale Recording Date: Oct 22, 2010
  • Current Sale Transaction ID: 1072347361
  • Current Sale Price: $150,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 100003779

    Last Sale Mortgage

  • First Mortgage Lender: FIRST SENTINEL BANK
  • First Mortgage Transaction Date: Oct 22, 2010
  • First Mortgage Loan Amount: $119,500
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: Credit Line (Revolving)
  • First Mortgage Loan Due Date: Oct 20, 2025

    Financing

  • First Mortgage Financing Type: Variable

About Tazewell



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Frequently Asked Questions

What neighborhood is 5416 Sinking Waters Road located in?
The 5416 Sinking Waters Road is a located in the neighborhood of Tazewell in Tazewell, Bandy.
What is the average sales price for listings in 5416 Sinking Waters Road?
The average sales price for units in 5416 Sinking Waters Road is $0 currently.

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