NOT LISTED FOR SALE

1325 Prater Ln Marion, VA 24354

Estimated Value: $269,000 - $398,000

5 Beds
3.5 Baths
3,867 Sq Ft
$90/Sq Ft Est. Value

Last Sold August 16, 2022

Last sale price $350,000 $91 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $1,967/month

2 Days on Market

Highlights

  • Contemporary Architecture
  • Wooded Lot
  • Main Floor Primary Bedroom
  • Marion Elementary School Rated 10
  • Vaulted Ceiling
  • 2 Fireplaces

About This Home

As of August 2022

Looking for a large home with plenty of indoor and outdoor space in a well-established and maintained neighborhood? Beautiful kitchen featuring granite countertops and newer appliances. Spacious/bright living room featuring a walk out balcony and cathedral ceiling. The master bedroom has two walk-in closets, an elegant master bath and its own private balcony. Located within minutes of town, medical facilities and Hungry Mother State Park. The private backyard is surrounded on 3 sides by wooded areas. Home offers a total of 5 bedrooms, 3 1/2 baths, den/office, and a large family room. Three bedrooms and a newly remodeled bathroom are located on the second floor. The lower level is a fantastic area that could be used as a guest suite for visitors or family with its own large bedroom/ full bathroom, fireplace, built-in dehumidifier, storage area and private entrance. As an added bonus, the backyard is completely fenced for most sized pets!

Last Agent to Sell the Property

John Moore

Ideal Realty Advisors - Marion License #0225252238 Listed on: 07/05/2022

Last Buyer's Agent

Hayley Peake

Godwin Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,627

Year Built

  • Built in 1973

Lot Details

  • 0.3 Acre Lot
  • Wood Fence
  • Irregular Lot
  • Wooded Lot
  • Property is in good condition

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Drive Under Main Level
  • Open Parking

Home Design

  • Contemporary Architecture
  • Fire Rated Drywall
  • Wood Roof
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 3,867 Sq Ft Home
  • 3-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Flue
  • Brick Fireplace
  • Fireplace Features Masonry
  • Insulated Windows
  • Window Treatments
  • Wood Frame Window
  • Living Room
  • Dining Room
  • Fire and Smoke Detector
  • Laundry on lower level

Kitchen

  • Oven
  • Cooktop with Range Hood
  • Dishwasher

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Bathroom on Main Level

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Outdoor Features

  • Balcony
  • Patio

Schools

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

Utilities

  • Cooling Available
  • Heat Pump System
  • Electric Water Heater
  • High Speed Internet

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 13-Pl 2

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,627

Year Built

Built in 1973

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.3
  • Road Surface Type: Paved
  • Directions: On I-81N or S, Take Exit 45. Go north on S. Commerce St. to traffic signals then a right onto N. Main St. 4 Traffic signals and left onto Park Blvd. 1 Traffic signal and turn left onto Callan Drive to the 4-way intersection. Then turn right onto Prater Lane. Travel .5 miles, house is on the right.
  • Above Grade Finished Sq Ft: 2827
  • Architectural Style: Contemporary
  • Carport Y N: No
  • Garage Yn: Yes
  • Building Stories: 3
  • Year Built: 1973
  • ResoBuildingAreaSource: Owner
  • Kitchen Level: First
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Oven, Cooktop, Refrigerator, Dishwasher, Range Hood, Electric Water Heater
  • Has Basement: Full, Interior Entry, Finished, Exterior Entry, Walk-Out Access
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 1040
  • Fireplace Features: Brick, Wood Burning, Masonry, Flue, Two
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Newer Floor Covering, Carpet, Tile, Vinyl
  • Interior Amenities: Vaulted Ceiling(s), Ceiling Fan(s), Walk-In Closet(s), Cable High Speed Internet
  • Living Area: 3867
  • Window Features: Insulated Windows, Wood Frames, Some Window Treatments
  • ResoLivingAreaSource: Owner
  • Room Bedroom4 Level: Second
  • Living Room Living Room Level: First
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom3 Level: Second
  • Bathroom 2 Level: Second
  • Room Bedroom2 Level: Second
  • Room Family Room Level: First
  • Bathroom 3 Level: Lower
  • Bathroom 1 Level: First
  • Bathroom Level: First
  • Dining Room Dining Room Level: First

Exterior Features

  • Fencing: Wood
  • Lot Features: Wooded, Irregular Lot
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: Property Disclosure
  • Construction Type: Wood Siding, Other, Dry Wall
  • Exterior Features: Balcony
  • Patio And Porch Features: Patio
  • Property Condition: Exterior Condition: Good, Interior Condition: Good
  • Roof: Wood, Metal

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Paved, Drive Under, Attached, Garage Door Opener
  • Total Parking Spaces: 2

Utilities

  • Laundry Features: Lower Level
  • Security: Smoke Detector(s)
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Heat Pump, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Natural Gas Available
  • Water Source: Public

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: 13068
  • Zoning: R
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1627
  • Tax Lot: 13-Pl 2
  • Tax Map Number: 111-5-13
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2022
Closed on
Aug 16, 2022
Sold by
Todd Michael S and Todd Michelle S
Bought by
Fantazier Justin and Fantazier Miranda
Seller's Agent
John Moore
Ideal Realty Advisors - Marion
Buyer's Agent
Hayley Peake
Godwin Realty LLC
List Price
$359,000
Sold Price
$350,000
Premium/Discount to List
-$9,000
-2.51%
Current Estimated Value
$346,382

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,618
Avg. Annual Appreciation
0.64%
Original Mortgage
$332,500
Outstanding Balance
$318,776
Interest Rate
5.7%
Mortgage Type
New Conventional
Estimated Equity
$38,122

Purchase Details

Closed on
Aug 23, 2005
Sold by
Strickland Steven Curts
Bought by
Todd Michael S and Todd Michelle S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,000
Interest Rate
5.65%
Mortgage Type
New Conventional
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
Fantazier Justin $350,000 None Listed On Document
Todd Michael S $148,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fantazier Justin $332,500
Previous Owner Todd Michael S $162,000
Previous Owner Todd Michael S $159,200
Previous Owner Todd Michael S $141,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2022 08/16/22 Sold $350,000 -2.5% $91 / Sq Ft
07/08/2022 07/08/22 Pending -- -- --
07/05/2022 07/05/22 For Sale $359,000 -- $93 / 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 $1,464 $248,100 $30,000 $218,100
2024 $1,464 $248,100 $30,000 $218,100
2023 $1,323 $178,800 $25,000 $153,800
2022 $1,323 $178,800 $25,000 $153,800
2021 $1,323 $178,800 $25,000 $153,800
2020 $1,323 $178,800 $25,000 $153,800
2019 $1,268 $171,300 $25,000 $146,300
2018 $1,268 $171,300 $25,000 $146,300
2017 $1,268 $171,300 $25,000 $146,300
2016 $1,268 $171,300 $25,000 $146,300
2015 $1,268 $0 $0 $0
2014 $1,286 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • John Moore

    Seller's Agent in 2022

    John Moore

    Ideal Realty Advisors - Marion

    (276) 200-8876

    14 in this area

    41 Total Sales

    John Moore
    Section Image

  • H

    Buyer's Agent in 2022

    Hayley Peake

    Godwin Realty LLC

See All Agents

Map

Source: Southwest Virginia Association of REALTORS®

MLS Number: 83379

APN: 111-5-13

Virginia Smyth County Marion 24354

1325 Prater Ln, Marion, VA

This home is located at 1325 Prater Ln, Marion, VA 24354 since 05 July 2022 and is currently estimated at $346,382, approximately $89 per square foot. This property was built in 1973. 1325 Prater Ln is a home located in Smyth County with nearby schools including Marion Elementary School, Marion Middle School, and Marion Senior High School.

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