Seller's Agent in 2017
Jim Griffin
LPT Realty - Griffin Home Group
(423) 482-0743
986 Total Sales
1423 Island Rd Unit 3 Bristol, VA 24201
Estimated Value: $188,000 - $221,000
4
Beds
4
Baths
--
Sq Ft
0.3
Acres
Highlights
- Deck
- Covered Patio or Porch
- Paneling
- Wood Flooring
- Attached Garage
- Window Unit Cooling System
About This Home
As of December 2017Incredible investment opportunity! This house has been converted into 3 apartment units with two upstairs units and one downstairs unit. Upstairs is occupied, downstairs is vacant. The downstairs apartment is newly renovated with 950 sq ft, 2 bedrooms, 1 full bath, a large living room, kitchen and laundry room. Both of the upstairs units have 1 bedroom and 1 bath and each has its own kitchen. The property is situated on a double lot with one of the lots used for parking. It is conveniently located and offers potential passive income of $1300+ per month. Come check it out!
Last Agent to Sell the Property
LPT Realty - Griffin Home Group License #310406 Listed on: 07/28/2017
Last Buyer's Agent
Mary Lockmiller
Lockmiller Realty & Auctionllc License #295999
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,867
Year Built
- Built in 1971
Lot Details
- 0.3 Acre Lot
- Level Lot
- Property is in average condition
Home Design
- Composition Roof
- Vinyl Siding
Interior Spaces
- 2-Story Property
- Paneling
- Washer and Gas Dryer Hookup
Kitchen
- Electric Range
- Laminate Countertops
Flooring
- Wood
- Carpet
- Vinyl
Parking
- Attached Garage
- 1 Carport Space
- Gravel Driveway
Outdoor Features
- Deck
- Covered Patio or Porch
Schools
- Stnwall Jackson Elementary School
- Virginia Middle School
- Virginia High School
Utilities
- Window Unit Cooling System
- Heating System Uses Oil
Community Details
- FHA/VA Approved Complex
Listing and Financial Details
- Assessor Parcel Number 346519
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 28, 2017
Closed on
Dec 11, 2017
Sold by
Campbell Jerry
Bought by
Smith Link M and Link M Smith Inter Vivos Trust Dated Jun
Seller's Agent
Jim Griffin
LPT Realty - Griffin Home Group
Buyer's Agent
Mary Lockmiller
Lockmiller Realty & Auctionllc
List Price
$97,900
Sold Price
$90,000
Premium/Discount to List
-$7,900
-8.07%
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
$112,990
Avg. Annual Appreciation
10.93%
Original Mortgage
$71,200
Outstanding Balance
$59,944
Interest Rate
3.94%
Mortgage Type
Commercial
Estimated Equity
$143,046
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Smith Link M | $89,000 | Attorney |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Smith Link M | $71,200 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/11/2017 12/11/17 | Sold | $90,000 | -8.1% | -- |
| 09/20/2017 09/20/17 | Pending | -- | -- | -- |
| 07/28/2017 07/28/17 | For Sale | $97,900 | -- | -- |
Source: Tennessee/Virginia Regional MLS
Tax History Compared to Growth
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 | $1,867 | $200,700 | $12,500 | $188,200 |
| 2024 | $1,314 | $117,300 | $10,000 | $107,300 |
| 2023 | $1,372 | $117,300 | $10,000 | $107,300 |
| 2022 | $1,314 | $117,300 | $10,000 | $107,300 |
| 2021 | $1,314 | $117,300 | $10,000 | $107,300 |
| 2020 | $1,092 | $93,300 | $10,000 | $83,300 |
| 2019 | $1,092 | $93,300 | $10,000 | $83,300 |
| 2018 | $546 | $93,300 | $10,000 | $83,300 |
| 2016 | -- | $90,800 | $0 | $0 |
| 2015 | -- | $0 | $0 | $0 |
| 2014 | -- | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Jim Griffin
-
M
Buyer's Agent in 2017
Mary Lockmiller
Lockmiller Realty & Auctionllc
-
S
Buyer's Agent in 2017
Steven Albin
Realty Investors, LLC
-
Steve Albin
Buyer's Agent in 2017
Steve Albin
Imagine Real Estate
(865) 235-1520
45 Total Sales
-
Bob Russell
B
Buyer's Agent in 2017
Bob Russell
Holston Realty, Inc.
(423) 967-8569
58 Total Sales
-
g
Buyer's Agent in 2017
gcar.rets.1596
gcar.rets.RETS_OFFICE
Map
Source: Tennessee/Virginia Regional MLS
MLS Number: 395045
APN: 337-A-6
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