Check Availability

11578 Cedar Road

11578 Cedar Road, Pound, VA 24279
Property in Wise
Sold Jun 01, 2005
$63,000
$64,122 by Virginia Housing Development A
Mortgage Due Jun 01, 2035
Local assessors in Pound, VA have categorized 11578 Cedar Road as a residential type of property. The home was built in 1979 and is 45 years old. The property's lot size has been calculated to be 52,838 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a conventional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 rooms in the home. Of these, 4 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 single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 11578 Cedar Road has a total of 2,164 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 municipal 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. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is good. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - D+. The building has a roof that is made of composition shingle. Lots of wood were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on no air conditioning for their cooling system. The home's a central heating system is the primary heating source and it is 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, 11578 Cedar Road sold most recently in May 31, 2005 for a total of $63,000. If you work out the math, that's approximately a cost of $29.11 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 $566 in taxes each year. 11578 Cedar Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $82,000. If we break it down further, the land itself was valued at $4,700. Improvements to the property, however, were assessed at a total of $77,300. 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: 1979
  • Effective Year Built: 1979
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Building Quality: D+
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Wood
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 52,838
  • Total Building Area: 2,164
  • Gross Building Area: 2,356
  • Building Area: 2,164
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,164
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Septic
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: MILL CREEK
  • Land Acres: 1.213
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Residential common area (condo/pud/etc.)
  • Legal Description 1: 1.213AC. MILL CREEK

Ownership

  • Current Owner : MULLINS RUSSELL E
  • Current Owner 2: MULLINS CLARENCETINE
  • Previous Owner : RING WILLIAM D
  • Previous Owner 2: RING SHERRY P

Neighborhood

  • School District Name: Wise County Public Schools
  • Census Tract: 930800

Geography

  • Assessors Map Reference: 006 () 148B1
  • Parcel: R003317
  • Municipality: ROBERSON - RO
  • Latitude: 37.1293
  • Longitude: -82.5854

    Address

  • Full Address: 11578 Cedar Rd
  • Address - House Number: 11578
  • Address - Street Name: Cedar
  • Address - Suffix Type: Rd
  • State: VA
  • City Name: Pound
  • Zip Code: 24279

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $566

    Appraisal Valuation

  • Standard Deviation: 0.3384
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 32
  • Final Value: 126,780
  • High Value: 169,686
  • Low Value: 83,873

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $89,122
  • First Open Lien Mortgage Lender: VIRGINIA HOUSING DEVELOPMENT A
  • First Open Lien Mortgage Recording Date: Jun 01, 2005
  • First Open Lien Mortgage Financing Type: Unknown
  • First Open Lien Mortgage Loan Amount: $64,122
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2035
  • Second Open Lien Mortgage Lender: NEW PEOPLES BANK INC
  • Second Open Lien Mortgage Recording Date: Jul 26, 2021
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $25,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $82,000
  • Market Land Value: $4,700
  • Market Improvement Value: $77,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $82,000
  • Assessed Land Value: $4,700
  • Assessed Improvements Value: $77,300

    Sales

  • Current Sale Contract Date: May 31, 2005
  • Current Sale Recording Date: Jun 01, 2005
  • Current Sale Transaction ID: 1074200567
  • Current Sale Price: $63,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 200502325

    Last Sale Mortgage

  • First Mortgage Lender: VIRGINIA HOUSING DEVELOPMENT A
  • First Mortgage Transaction Date: Jun 01, 2005
  • First Mortgage Loan Amount: $64,122
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2035

    Financing

  • First Mortgage Financing Type: Unknown

About Wise



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 11578 Cedar Road located in?
The 11578 Cedar Road is a located in the neighborhood of Wise in Wise, Pound.
What is the average sales price for listings in 11578 Cedar Road?
The average sales price for units in 11578 Cedar Road is $0 currently.

Quantcast