NOT LISTED FOR SALE

1122 N Main St Marion, VA 24354

Estimated Value: $346,314

6 Beds
2 Baths
3,301 Sq Ft
$105/Sq Ft Est. Value

Sale Details

Date Sold: June 20, 2025

Last sale price $350,000 $106 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $2,023 / mo

About This Home

Welcome to your next investment opportunity at 123 N Main St in the vibrant heart of Marion! This beautifully updated 3,301 sqft duplex seamlessly blends historic charm with modern conveniences. Nestled in a prime location, this property is zoned B-1 for commercial use, offering endless possibilities for both residential and business endeavors. Step inside to discover a meticulously maintained space, featuring new electrical systems, PEX plumbing, and a state-of-the-art HVAC system, ensuring comfort and efficiency year-round. The solid brick exterior exudes character and curb appeal, while the interior retains its original charm with tasteful updates that meet contemporary standards. Each unit within this duplex offers spacious living areas filled with natural light, creating an inviting and comfortable atmosphere. The thoughtful layout is perfect for turnkey residential use, but the commercial zoning opens doors to a myriad of other uses, such as office spaces, boutique retail, or even a charming bed-and-breakfast. The property's prime location on N Main St places it at
the center of Marion's growth, ensuring high visibility and accessibility. Whether you're looking to invest in a thriving rental market or establish your own business, this duplex provides the flexibility and potential to meet your goals. Imagine the possibilities: live in one unit and lease the other, or convert the entire space into a commercial venture. The large square footage allows for versatile use, accommodating various needs and ambitions. The updated infrastructure means you can move in or start your business with confidence, knowing that major systems are modern and reliable. Buyers agent to verify all information. All information pulled from third party sources

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2025
Closed on
Jun 20, 2025
Sold by
Skaggs Mitchell A
Bought by
Utlanh Luisa
Seller's Agent
Dominick Abate
The Addington Agency Bristol
Buyer's Agent
Non Member
Non Member
List Price
$379,900
Sold Price
$350,000
Premium/Discount to List
-$29,900
-7.87%
Views
25
Current Estimated Value
$346,314

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,686
Avg. Annual Appreciation
-1.37%
Original Mortgage
$280,000
Outstanding Balance
$278,320
Interest Rate
6.86%
Mortgage Type
Credit Line Revolving
Estimated Equity
$67,994

Purchase Details

Listed on
May 5, 2025
Closed on
Jun 11, 2025
Sold by
Sonnysboyfour Llc
Bought by
Skaggs Mitchell A
Seller's Agent
Dominick Abate
The Addington Agency Bristol
Buyer's Agent
Non Member
Non Member
List Price
$379,900
Sold Price
$350,000
Premium/Discount to List
-$29,900
-7.87%
Views
25

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Outstanding Balance
$278,320
Interest Rate
6.86%
Mortgage Type
Credit Line Revolving
Estimated Equity
$67,994

Purchase Details

Closed on
Oct 27, 2023
Sold by
Williams Brian K
Bought by
Sonnysboyfour Llc

Purchase Details

Closed on
Feb 7, 2022
Sold by
Charles Cook Christopher
Bought by
Williams Brian K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,000
Interest Rate
3.45%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 20, 2013
Sold by
Cook Charles E
Bought by
Stamper Victoria C
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Utlanh Luisa $350,000 None Listed On Document
Utlanh Luisa $350,000 None Listed On Document
Skaggs Mitchell A -- None Listed On Document
Skaggs Mitchell A -- None Listed On Document
Sonnysboyfour Llc $319,000 None Listed On Document
Williams Brian K $192,500 Campbell Law Firm
Stamper Victoria C $58,438 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Utlanh Luisa $280,000
Closed Utlanh Luisa $280,000
Previous Owner Williams Brian K $154,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/20/2025 06/20/25 Sold $350,000 -7.9% $106 / Sq Ft View Prior Sale
05/13/2025 05/13/25 Pending -- -- --
05/05/2025 05/05/25 For Sale $379,900 -- $115 / Sq Ft

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 $1,900 $322,000 $75,000 $247,000
2024 $1,431 $242,500 $75,000 $167,500
2023 $1,882 $254,300 $75,000 $179,300
2022 $1,882 $254,300 $75,000 $179,300
2021 $1,882 $254,300 $75,000 $179,300
2020 $1,882 $254,300 $75,000 $179,300
2019 $1,882 $254,300 $75,000 $179,300
2018 $1,882 $254,300 $75,000 $179,300
2017 $1,882 $254,300 $75,000 $179,300
2016 $1,882 $254,300 $75,000 $179,300
2015 $1,882 $0 $0 $0
2014 $1,882 $0 $0 $0
Source: Public Records

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