NOT LISTED FOR SALE

112 E Laurel Ave Damascus, VA 24236

Estimated Value: $164,535 - $353,000

4 Beds
1.5 Baths
1,797 Sq Ft
$129/Sq Ft Est. Value

Last Sold December 06, 2019

Last sale price $95,900 $53 Per Sq Ft

Est. 141% increase in value since last sale

Current estimated payment $1,259/month

1 Day on Market

Highlights

  • Cape Cod Architecture
  • Main Floor Primary Bedroom
  • Covered Patio or Porch
  • Mature Trees
  • No HOA
  • Balcony

About This Home

As of December 2019

Downtown Damascus location, within walking distance to the Creeper Trail and all the restaurants and shops Damascus has to offer! This fixer-upper has original woodwork and hardwood floors throughout. In its prime, this house was the site of many historical house tours. Can be used as residential or commercial!! This is a Medicaid sale to benefit the seller and must be sold at tax assessment/listing price. Sold "as is".

Last Agent to Sell the Property

Natasha Honaker

Highlands Real Estate Listed on: 10/30/2019

Last Buyer's Agent

Timothy Sproles

Highlands Realty, Inc - Bristol License #0225234275

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,045

Year Built

  • Built in 1887

Lot Details

  • 6,970 Sq Ft Lot
  • Chain Link Fence
  • Level Lot
  • Mature Trees
  • Property is zoned C1

Home Design

  • Cape Cod Architecture
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,797 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Window Treatments
  • Living Room
  • Dining Room
  • Carpet
  • Unfinished Basement

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Covered Patio or Porch
  • Outbuilding

Schools

  • Rhea Valley Elementary School
  • Damascus Middle School
  • Holston High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Oil
  • Natural Gas Not Available
  • Electric Water Heater
  • High Speed Internet

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 62

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,045

Year Built

Built in 1887

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.16
  • Lot Size: 0.16 acres
  • Road Surface Type: Paved
  • Subdivision Name: None
  • Directions: From I-81, take the US-11/US-58 exit, EXIT 19, toward Damascus/Abingdon. Turn right onto Lee Hwy/US-11 N/US-58 E. Continue to follow US-58 E for 10.5 miles. Your destination is just past S Shady Ave If you reach N Legion St you've gone a little too far. Look for yard sign.
  • Architectural Style: Cape Cod
  • Carport Y N: No
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 1887
  • Kitchen Level: First
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Dryer, Range/Oven, Refrigerator, Washer, Electric Water Heater
  • Has Basement: Unfinished
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet
  • Interior Amenities: Other, Walk-In Closet(s), Ceiling Fan(s), Cable High Speed Internet
  • Living Area: 1797
  • Window Features: Single Pane, Some Window Treatments
  • Room Bedroom4 Level: Second
  • Living Room Living Room Level: First
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom3 Level: Second
  • Room Bedroom2 Level: Second
  • Bathroom 1 Level: First
  • Bathroom Level: Second
  • Dining Room Dining Room Level: First

Exterior Features

  • Fencing: Chain Link
  • Lot Features: Level
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: Property Disclosure
  • Construction Type: Frame
  • Exterior Features: Balcony, Mature Trees
  • Other Structures: Outbuilding
  • Patio And Porch Features: Porch Covered, Porch Open
  • Property Condition: Exterior Condition: Poor, Interior Condition: Poor
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Parking Features: None

Utilities

  • Laundry Features: First Level
  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Oil
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Natural Gas Not Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Rhea Valley
  • High School: Holston
  • Middle Or Junior School: Damascus

Lot Info

  • Lot Size Sq Ft: 6969.6
  • Zoning: C1
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1045.31
  • Tax Lot: 62
  • Tax Map Number: 172B2-A-62
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2019
Closed on
Dec 6, 2019
Sold by
Adventure Damascus Inc
Bought by
Wright Michael and Wright Kimberly
Seller's Agent
Natasha Honaker
Highlands Real Estate
Buyer's Agent
Timothy Sproles
Highlands Realty, Inc - Bristol
List Price
$95,900
Sold Price
$95,900
Current Estimated Value
$231,384

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,484
Avg. Annual Appreciation
15.53%
Original Mortgage
$97,064
Outstanding Balance
$85,826
Interest Rate
3.75%
Mortgage Type
Commercial
Estimated Equity
$145,558

Purchase Details

Listed on
Oct 30, 2019
Closed on
Dec 2, 2019
Sold by
Nelson Robin Elizabeth and Estate Of Naomi O Mchone Decea
Bought by
Adventure Damascus Inc
Seller's Agent
Natasha Honaker
Highlands Real Estate
Buyer's Agent
Timothy Sproles
Highlands Realty, Inc - Bristol
List Price
$95,900
Sold Price
$95,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,064
Outstanding Balance
$85,826
Interest Rate
3.75%
Mortgage Type
Commercial
Estimated Equity
$145,558
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Wright Michael -- None Available
Adventure Damascus Inc $95,900 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wright Michael $97,064
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/06/2019 12/06/19 Sold $95,900 0.0% $53 / Sq Ft
11/02/2019 11/02/19 Pending -- -- --
10/31/2019 10/31/19 For Sale $95,900 -- $53 / Sq Ft
Source: Southwest Virginia Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $586 $100,400 $22,800 $77,600
2024 $6 $97,700 $35,000 $62,700
2023 $586 $97,700 $35,000 $62,700
2022 $586 $97,700 $35,000 $62,700
2021 $586 $97,700 $35,000 $62,700
2019 $604 $95,900 $35,000 $60,900
2018 $604 $95,900 $35,000 $60,900
2017 $604 $95,900 $35,000 $60,900
2016 $571 $90,700 $30,000 $60,700
2015 $571 $90,700 $30,000 $60,700
2014 $571 $90,700 $30,000 $60,700
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2019

    Natasha Honaker

    Highlands Real Estate

  • T

    Buyer's Agent in 2019

    Timothy Sproles

    Highlands Realty, Inc - Bristol

    (423) 612-8747

    69 Total Sales

    Timothy Sproles
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Map

Source: Southwest Virginia Association of REALTORS®

MLS Number: 71997

APN: 172B2-A-62

Virginia Washington County Damascus 24236

112 E Laurel Ave, Damascus, VA

Not Listed for Sale

Detached

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