Seller's Agent in 2022
Cynthia Hornsby
Prestige Homes of the Tri Cities Inc.
(276) 608-8262
184 Total Sales
1740 Bonham Rd Bristol, VA 24201
Bristol Area
40
Beds
--
Bath
18,872
Sq Ft
1.58
Acre Lot
Highlights
- Paneling
- Ceiling Fan
- Heat Pump System
- Central Air
- Carpet
About This Home
As of August 2022ATTENTION INVESTORS! Based upon current market rental rates, there's room for significant value to be added to this 20 unit multi-family property. Located conveniently in Bristol, VA between Exits 7 and 5 (I-81), this property is comprised of 4 SEPARATE apartment buildings, all with NEW 911 Bristol addresses. Buildings #1678, 1698 and 1716 Bonham Road have 5 units per building and include 2 BEDROOMS/1.5 BATHS each. Building #1740 Bonham Road has 5 units and includes 2 BEDROOMS/1 BATH each. All units have separate HVAC system for heating/cooling, range/oven, refrigerator and washer/dryer hookup. Some units have laminate flooring. Windows are insulated, double pane with vinyl frame. Internet available through Point Broadband and Spectrum. The property is situated on a 1.58 ACRE level lot with approximately 10,000 sq. feet of paved parking. Located close to shopping, multiple restaurants, movie theater and approx.10 minutes from the NEW casino. Schedule a private showing today!
Last Agent to Sell the Property
Prestige Homes of the Tri Cities Inc. License #0225184556 Listed on: 06/07/2022
Last Buyer's Agent
Non Member Non Member
Non Member Office
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
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,407
Year Built
- Built in 1966
Lot Details
- 1.58 Acre Lot
- Property is in good condition
Home Design
- Brick Exterior Construction
- Block Foundation
- Fire Rated Drywall
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 40 Bedrooms
- 18,872 Sq Ft Home
- Paneling
- Ceiling Fan
- Insulated Windows
- Crawl Space
- Fire and Smoke Detector
Kitchen
- Oven or Range
- Range Hood
Flooring
- Carpet
- Vinyl
Parking
- Paved Parking
- Open Parking
Outdoor Features
- Exterior Lighting
- Rain Gutters
Schools
- Van Pelt Elementary School
- Virginia Middle School
- Virginia High School
Utilities
- Central Air
- Heat Pump System
- Separate Meters
- Natural Gas Not Available
- Electric Water Heater
- Cable TV Available
Listing and Financial Details
- Tax Lot 24,25,26 & 27
Community Details
Overview
- 20 Units
- Virginia Hills Subdivision
Building Details
- Gardener Expense $2,253
- Insurance Expense $8,144
- Maintenance Expense $23,045
- Gross Income $139,500
- Net Operating Income $98,462
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 19, 2024
Sold by
Bought by
Purchase Details
Listed on
Jun 7, 2022
Closed on
Aug 23, 2022
Sold by
Bought by
Seller's Agent
Cynthia Hornsby
Prestige Homes of the Tri Cities Inc.
Buyer's Agent
Non Member Non Member
Non Member Office
List Price
$1,698,500
Sold Price
$1,500,000
Premium/Discount to List
-$198,500
-11.69%
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | None Listed On Document | ||
| $1,500,000 | Old Republic Title |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $1,347,500 | ||
| Previous Owner | $792,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/23/2022 08/23/22 | Sold | $1,500,000 | -11.7% | $79 / Sq Ft |
| 08/08/2022 08/08/22 | Pending | -- | -- | -- |
| 06/07/2022 06/07/22 | For Sale | $1,698,500 | -- | $90 / Sq Ft |
Source: Southwest Virginia Association of REALTORS®
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $1,488 | $160,000 | $25,000 | $135,000 |
| 2024 | $1,842 | $164,500 | $25,000 | $139,500 |
| 2023 | $1,925 | $164,500 | $25,000 | $139,500 |
| 2022 | $1,842 | $164,500 | $25,000 | $139,500 |
| 2021 | $1,842 | $164,500 | $25,000 | $139,500 |
| 2020 | $1,925 | $164,500 | $25,000 | $139,500 |
| 2019 | $1,925 | $164,500 | $25,000 | $139,500 |
| 2018 | $962 | $164,500 | $25,000 | $139,500 |
| 2016 | -- | $156,900 | $0 | $0 |
| 2015 | -- | $0 | $0 | $0 |
| 2014 | -- | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Cynthia Hornsby
-
N
Buyer's Agent in 2022
Non Member Non Member
Non Member Office
Map
Source: Southwest Virginia Association of REALTORS®
MLS Number: 82973
Nearby Homes
- 568 Old Airport Rd
- 255 Norwood Dr
- 1276 Old Airport Rd
- 175 Colony Cir
- 164 Woodstock Ln
- 459 Mcarthur Cir
- 186 Brookwood Cir
- 174 Saul Dr
- 149 Robin Cir
- 183 Claremont Cir
- 175 Georgia St
- 128 Hilltop Dr
- 212 Hilltop Dr
- 161 Grandview Rd
- 329 Spring Hill Terrace
- 145 Homestead Dr
- 171 Reedy St
- 211 Independence Dr
- 105 Lena St
- 0 Stage Coach Rd
Your Personal Tour Guide
Ask me questions while you tour the home.