Seller's Agent in 2022
Cynthia Hornsby
Prestige Homes of the Tri Cities, Inc.
(276) 608-8262
194 Total Sales
116 Van St Bristol, VA 24201
Estimated Value: $207,623 - $302,000
4
Beds
2
Baths
4,500
Sq Ft
$55/Sq Ft
Est. Value
Highlights
- Patio
- Tile Flooring
- Storm Doors
- Laundry Room
- Central Air
- Level Lot
About This Home
As of June 2022INVESTMENT OPPORTUNITY! This property includes 5 separate NEW 911 addresses in Bristol, VA City - 116 Van Street, 128 Van Street, 130 Van Street, 544 Hill Drive and 546 Hill Drive. First time on the market for this ONE OWNER multi-family property. If you've been wanting to purchase rental property in Bristol, VA, this property is a rare find. This property features TWO DUPLEXES and ONE SINGLE UNIT, all are one level living, each with 2 BEDROOMS and 1 BATH. ALL 5 UNITS are leased, so there is an instant income stream. NEW roofs installed 3 years ago. Each unit has HVAC for heating and cooling. Seller takes care of all landscaping and mowing. Convenient location, and 5 minutes from the new casino. Schedule a private showing to preview these properties. Properties are being sold ''as is, where is'' with no inspections or repairs to be performed by Sellers. Any inspections performed by buyer will be for informational purposes only. Rent rolls available for qualified buyers. Prior 911 addresses are 426 Van Street and 524 Hill Drive, Bristol, VA.
Last Agent to Sell the Property
Prestige Homes of the Tri Cities, Inc. License #0225184556 VA and 316140 TN Listed on: 04/15/2022
Last Buyer's Agent
Alan Anderson
Signature Properties Kpt License #285036
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1993
Lot Details
- 0.6 Acre Lot
- Level Lot
- Cleared Lot
- Property is in average condition
Home Design
- Block Foundation
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 4,500 Sq Ft Home
- 1-Story Property
- Insulated Windows
- Electric Range
Flooring
- Carpet
- Laminate
- Tile
Laundry
- Laundry Room
- Washer and Electric Dryer Hookup
Basement
- Exterior Basement Entry
- Crawl Space
Home Security
- Storm Doors
- Fire and Smoke Detector
Outdoor Features
- Patio
Schools
- Stnwall Jackson Elementary School
- Virginia Middle School
- Virginia High School
Utilities
- Central Air
- Heat Pump System
Listing and Financial Details
- Assessor Parcel Number 337-522-11-1
- Tax Block 22
Community Details
Overview
- 3 Buildings
- 5 Units
- West Bristol Heights Subdivision
Building Details
- Gross Income $28,500
- Net Operating Income $25,720
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 15, 2022
Closed on
Jun 8, 2022
Sold by
Stevens Billy B
Bought by
S & K Real Estate Inc
Seller's Agent
Cynthia Hornsby
Prestige Homes of the Tri Cities, Inc.
Buyer's Agent
Alan Anderson
Signature Properties Kpt
List Price
$458,750
Sold Price
$458,750
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$210,844
Avg. Annual Appreciation
-15.56%
Original Mortgage
$376,000
Outstanding Balance
$215,709
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$32,197
Create a Home Valuation Report for This Property
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Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| S & K Real Estate Inc | $458,750 | New Title Company Name |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | S & K Real Estate Inc | $376,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/08/2022 06/08/22 | Sold | $458,750 | 0.0% | $102 / Sq Ft |
| 04/19/2022 04/19/22 | Pending | -- | -- | -- |
| 04/15/2022 04/15/22 | For Sale | $458,750 | -- | $102 / Sq Ft |
Source: Tennessee/Virginia Regional MLS
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 | $1,778 | $191,200 | $16,000 | $175,200 |
| 2024 | $1,230 | $109,800 | $12,500 | $97,300 |
| 2023 | $1,285 | $109,800 | $12,500 | $97,300 |
| 2022 | $1,230 | $109,800 | $12,500 | $97,300 |
| 2021 | $1,230 | $109,800 | $12,500 | $97,300 |
| 2020 | $1,124 | $96,100 | $12,500 | $83,600 |
| 2019 | $1,124 | $96,100 | $12,500 | $83,600 |
| 2018 | $562 | $96,100 | $12,500 | $83,600 |
| 2016 | -- | $89,000 | $0 | $0 |
| 2015 | -- | $0 | $0 | $0 |
| 2014 | -- | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Cynthia Hornsby
-
A
Buyer's Agent in 2022
Alan Anderson
Signature Properties Kpt
Map
Source: Tennessee/Virginia Regional MLS
MLS Number: 9936469
APN: 337-522-11-1
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