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For sale
    • Price cut: $10K (7/4)
    $125,000

    518 Spring Ave SE, Wise, VA 24293

    2beds
    761sqft
    : 
    $818/mo
    Get pre-qualified
    Single Family Residence, Residential
    Built in 1940
    0.5 Acres Lot
    $-- Zestimate®
    $164/sqft
    $-- HOA

    What's special

    Classic character
    Looking for a sweet starter home, a savvy investment property, or the perfect spot to downsize? Look no further. Tucked away on Spring Ave SE, this cozy 2-bedroom, 1-bathroom well-maintained cottage brings classic character and effortless potential straight to the heart of Wise. This location is perfect for quick access to UVA-Wise, downtown Wise, and just everything Wise has to offer. With 761 square feet of efficient, highly functional living space, this home is all about low-maintenance living without sacrificing that warm, welcoming feeling. Stay comfortable year-round with the home's newly installed highly efficient, multi-zone mini-split HVAC system. Enjoy customized climate control in different rooms while significantly lowering your monthly energy bills. An additional bonus to this property is a heated and cooled 240 sq. ft. finished detached area that can be used as a man cave, she-shed, bedroom, studio, or office. Information has been pulled from public sources and while deemed reliable, all buyers and buyer's agents should verify. Subject to errors and omissions.
    82 days
    |
    400
    |
    22
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Robin Dotson 276-393-3964,

    Ridgeview Real Estate 276-328-0055

    Source: TVRMLS,MLS#: 9995850

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 1
      • Full bathrooms: 1
      Heating
      • Central, Oil
      Cooling
      • Central Air, Wall Unit(s)
      Appliances
      • Included: Electric Range, Refrigerator
      • Laundry: Electric Dryer Hookup, Washer Hookup
      Features
      • Flooring: Laminate
      • Windows: Insulated Windows
      • Basement: Crawl Space
      Interior area
      • Total structure area: 761
      • Total interior livable area: 761 sqft

      Property

      Parking
      • Parking features: Unpaved
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Back, Deck, Front Porch
      Lot
      • Size: 0.5 Acres
      • Dimensions: 2 lots
      • Topography: Cleared, Rolling Slope
      Details
      • Parcel number: 013822
      • Zoning: Residential

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Cottage
      • Property subtype: Single Family Residence, Residential
      Materials
      • Vinyl Siding, Plaster
      • Foundation: Block
      • Roof: Composition,Shingle
      Condition
      • Average
      • New construction: No
      • Year built: 1940

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Electricity Connected, Sewer Connected, Water Connected

      Community & HOA

      Community
      • Subdivision: Not In Subdivision
      HOA
      • Has HOA: No
      Location
      • Region: Wise

      Financial & listing details

      • Price per square foot: $164/sqft
      • Tax assessed value: $38,300
      • Annual tax amount: $264
      • Date on market: 5/23/2026
      • Listing terms: Cash,Conventional,FHA,USDA Loan,VA Loan
      • Electric utility on property: Yes

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,382/mo

        Price history

        DateEventPrice
        7/4/2026Price change$125,000-7.4%$164/sqft
        Source: TVRMLS #9995850 Report a problem
        5/23/2026Listed for sale$135,000$177/sqft
        Source: TVRMLS #9995850 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$264 $38,300
        2024$264 $38,300
        2023$264 $38,300
        2022$264 +6.7%$38,300 +6.7%
        2021$248 $35,900
        2020$248 $35,900
        2019$248 $35,900
        2018-- $35,900
        2017$223 $35,900 +3.5%
        2016$223 $34,700
        2015-- $34,700 +3.9%
        2010-- $33,400
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.
        Get pre-qualified

        Climate risks

        Neighborhood: 24293

        Getting around

        14 / 100
        Car-Dependent
        10 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Wise Elementary
        • Middle: L. F. Addington
        • High: Central (Wise, Va)

        Source: TVRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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