NOT LISTED FOR SALE

118 S Park St Marion, VA 24354

Estimated Value: $290,000 - $360,000

5 Beds
2.5 Baths
2,969 Sq Ft
$106/Sq Ft Est. Value

Last Sold February 14, 2022

Last sale price $245,000 $83 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $1,848/month

166 Days on Market

Highlights

  • Colonial Architecture
  • Mature Trees
  • No HOA
  • Marion Elementary School Rated 10
  • Newly Painted Property
  • Covered Patio or Porch

About This Home

As of February 2022

This well-maintained, move-in ready historic home in downtown Marion is conveniently located within easy walking distance of area restaurants, banks, shopping, Lincoln Theater and more! Enjoy your morning coffee on the large covered rear porch! Lot features beautiful landscaping and privacy while still being conveniently located in town. Other amenities include beautiful hardwoods and many of the home's original doors, doorknobs and other fixtures are still in excellent condition. Newer insulated windows, metal roof, new dishwasher, recent updates & recent electrical upgrade. The large dramatic windows offer tons of light, living room features gas log fireplace with built-in bookshelves plus a dedicated dining room and butler's pantry. Main level bedroom has 2 closets and en suite half bath PLUS upstairs master bedroom features walk-in closet and full en suite bath. 4 bedrooms upstairs and 2 baths plus a BONUS room which could be used for extra storage or as a nursery.

Last Agent to Sell the Property

Travis Dyson

Landmark Realty License #0225223640 Listed on: 08/12/2021

Last Buyer's Agent

Vickie Stamper

Appalachian Realty Co. License #0225024307

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,354

Year Built

  • Built in 1920

Lot Details

  • 0.26 Acre Lot
  • Level Lot
  • Mature Trees
  • Garden

Parking

  • 1 Car Detached Garage

Home Design

  • Colonial Architecture
  • Traditional Architecture
  • Newly Painted Property
  • Brick Exterior Construction
  • Block Foundation
  • Metal Roof

Interior Spaces

  • 2,969 Sq Ft Home
  • 2-Story Property
  • Gas Log Fireplace
  • Brick Fireplace
  • Insulated Windows
  • Window Treatments
  • Living Room
  • Dining Room
  • Oven or Range

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms

Unfinished Basement

  • Partial Basement
  • Laundry in Basement

Outdoor Features

  • Covered Patio or Porch

Schools

  • Marion Elementary School
  • Marion Middle School
  • Marion Senior High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Gas Available
  • Gas Water Heater
  • High Speed Internet

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,354

Year Built

Built in 1920

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.26
  • Lot Size: 0.26 ac +/-
  • Road Surface Type: Paved
  • Directions: From Interstate 81, take Exit 45 and travel south on Route 16 to US Route 11 (Main St). Turn left and drive to Park St. Turn left on Park St. Property on right.
  • Above Grade Finished Sq Ft: 2969
  • Architectural Style: Traditional, Colonial
  • Carport Y N: No
  • Garage Yn: Yes
  • Building Stories: 2
  • Year Built: 1920
  • Kitchen Level: First
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Range/Oven, Gas Water Heater
  • Has Basement: Partial, Unfinished
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 778
  • Fireplace Features: Brick, Gas Log
  • Fireplace: Yes
  • Flooring: Carpet, Tile
  • Interior Amenities: Newer Paint, Cable High Speed Internet
  • Living Area: 2969
  • Window Features: Insulated Windows, Some Window Treatments
  • Room Bedroom4 Level: Second
  • Living Room Living Room Level: First
  • Master Bedroom Master Bedroom Level: Second
  • Room Bedroom3 Level: Second
  • Bathroom 2 Level: Second
  • Room Bedroom2 Level: First
  • Room Family Room Level: First
  • Bathroom 3 Level: Second
  • Bathroom Level: Second
  • Dining Room Dining Room Level: First

Exterior Features

  • Lot Features: Level
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: Property Disclosure
  • Construction Type: Brick
  • Exterior Features: Garden, Mature Trees
  • Foundation Details: Block
  • Patio And Porch Features: Porch Covered
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: Detached
  • Total Parking Spaces: 1

Utilities

  • Laundry Features: In Basement
  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Natural Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Natural Gas Connected
  • Water Source: Public
  • Gas Company: Installed

Condo/Co-op/Association

  • Association: No

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Marion Elementary
  • High School: Marion Senior
  • Middle Or Junior School: Marion

Lot Info

  • Lot Size Sq Ft: 11325.6
  • Zoning: C
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1354.08
  • Tax Lot: 0
  • Tax Map Number: 210 116 A
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2021
Closed on
Feb 14, 2022
Sold by
Douglas Blevins Steven
Bought by
Tempest Residential Concern Llc
Seller's Agent
Travis Dyson
Landmark Realty
Buyer's Agent
Vickie Stamper
Appalachian Realty Co.
List Price
$269,900
Sold Price
$245,000
Premium/Discount to List
-$24,900
-9.23%
Current Estimated Value
$314,875

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,875
Avg. Annual Appreciation
7.77%
Original Mortgage
$105,000
Outstanding Balance
$97,697
Interest Rate
3.56%
Mortgage Type
New Conventional
Estimated Equity
$222,582
Source: Public Records

Range of Values:

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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
Tempest Residential Concern Llc $245,000 Blue Ridge Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tempest Residential Concern Llc $105,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2022 02/14/22 Sold $245,000 -9.2% $83 / Sq Ft
01/26/2022 01/26/22 Pending -- -- --
08/12/2021 08/12/21 For Sale $269,900 -- $91 / 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 $1,751 $296,800 $24,000 $272,800
2024 $1,751 $296,800 $24,000 $272,800
2023 $1,101 $148,800 $20,000 $128,800
2022 $1,101 $148,800 $20,000 $128,800
2021 $1,101 $148,800 $20,000 $128,800
2020 $1,101 $148,800 $20,000 $128,800
2019 $1,066 $144,000 $20,000 $124,000
2018 $1,066 $144,000 $20,000 $124,000
2017 $1,066 $144,000 $20,000 $124,000
2016 $1,066 $144,000 $20,000 $124,000
2015 $1,066 $0 $0 $0
2014 $1,109 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwest Virginia Association of REALTORS®

MLS Number: 79598

APN: 210-116-A