NOT LISTED FOR SALE

18 Rainbow Cir Bristol, VA 24201

Estimated Value: $184,000 - $198,000

3 Beds
1.5 Baths
1,224 Sq Ft
$154/Sq Ft Est. Value

Sale Details

Date Sold: March 27, 2020

Last sale price $87,000 $71 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $1,191 / mo

5 Days on Market

Highlights

  • Deck
  • Level Lot
  • Heat Pump System
  • Cooling Available
  • Carpet

About This Home

As of March 2020

Welcome to Valley Place Townhomes! Rare opportunity for a well cared for townhome in a convenient location between Exits 5 and 7. You will love this community it has plenty of parking and it's just the right size so you won't feel lost in a large complex. This home has 3 Bedrooms all on the top level with a full bathroom. Downstairs you have a half-bath, living room, dining area and kitchen with plenty of counter space. Outside you have a private deck to enjoy on warm days. HOA includes mowing, parking maintenance, and exterior pressurewashing.

Last Agent to Sell the Property

LEANN MAHAFFEY

Property Executives Johnson City License #333737 Listed on: 02/23/2020

Last Buyer's Agent

Andrew Neese

Prestige Homes of the Tri Cities, Inc. License #0225098384,321552

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1997

Lot Details

  • 2,309

HOA Fees

  • $50 Monthly HOA Fees

Home Design

  • 1,224 Sq Ft Home
  • Brick Exterior Construction
  • Shingle Roof
  • Vinyl Siding

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Van Pelt Elementary School
  • Virginia Middle School
  • Virginia High School

Utilities

  • Cooling Available
  • Heat Pump System

Additional Features

  • Deck
  • Property is in average condition

Community Details

  • Valley Place Townhomes Condos

Listing and Financial Details

  • Assessor Parcel Number 20 7 9

Townhouse Details

Home Type

Townhome

Year Built

Built in 1997

Lot Details

2,309 Sq Ft Lot

HOA Fees

$50 per month

Listing Details

  • Directions: From Exit 5 Hwy 11, turn on Old Abingdon Hwy, left on E Valley Drive, home is on the right
  • Prop. Type: Residential
  • Year Built: 1997
  • Property Sub Type: Condominium
  • Architectural Style: Townhouse
  • New Construction: No
  • Reso Structure Type: House
  • Contract Info Foreclosure: No
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Zoning2: Res
  • General Property Description Elementary School3: Van Pelt
  • General Property Description Middle School2: Virginia
  • General Property Description High School3: Virginia
  • Water Public: Yes
  • Sewer Public Sewer: Yes
  • General Property Description Home Warranty: No
  • General Property Description Total SqFt Finished: 1224.0
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • TopographyLot Description Level2: Yes
  • General Property Description Parcel ID2: 20 7 9
  • Roof Shingle: Yes
  • AC Heat Pump3: Yes
  • Flooring Carpet: Yes
  • General Property Description HOA Fee: 50.0
  • General Property Description CondoCo-OpPUD Name: Valley Place Townhomes
  • Flooring Vinyl: Yes
  • Property Condition Average: Yes
  • Style Townhouse: Yes
  • Structure Type:House: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Microwave, Range, Refrigerator
  • Flooring: Carpet, Vinyl
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • General Property Description Baths - Full: 1
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • General Property Description Baths - 12: 1

Exterior Features

  • Property Condition: Average
  • Roof: Shingle
  • Topography: Level
  • Home Warranty: No
  • Construction Type: Brick, Vinyl Siding
  • Patio And Porch Features: Deck
  • Exterior Finish Brick4: Yes
  • Exterior Finish Vinyl Siding: Yes
  • PorchPatioDeck Deck: Yes

Garage/Parking

  • Parking Features: Asphalt
  • Attached Garage: No
  • Parking Features:Asphalt2: Yes

Utilities

  • Heating: Heat Pump
  • Sewer: Public Sewer
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Association Fee: 50.0
  • Association: Yes

Schools

  • Elementary School: Van Pelt
  • High School: Virginia
  • Middle Or Junior School: Virginia

Lot Info

  • Zoning: Res
  • Parcel #: 20 7 9

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

Listed on
Feb 23, 2020
Closed on
Mar 27, 2020
Sold by
Bought by
Seller's Agent
LEANN MAHAFFEY
Property Executives Johnson City
Buyer's Agent
Andrew Neese
Prestige Homes of the Tri Cities, Inc.
List Price
$85,000
Sold Price
$87,000
Premium/Discount to List
$2,000
2.35%
Current Estimated Value
$188,567

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,567
Avg. Annual Appreciation
13.13%
Original Mortgage
$73,950
Outstanding Balance
$65,511
Interest Rate
3.4%
Mortgage Type
Commercial
Estimated Equity
$123,056

Purchase Details

Closed on
Jun 20, 2017
Sold by
Bought by

Purchase Details

Closed on
Apr 10, 2017
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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
$87,000 Attorney
-- None Available
$60,000 Attorney
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
Open $73,950
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
03/27/2020 03/27/20 Sold $87,000 +2.4% $71 / Sq Ft
02/29/2020 02/29/20 Pending -- -- --
02/23/2020 02/23/20 For Sale $85,000 -- $69 / Sq Ft
Source: Tennessee/Virginia Regional MLS

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 $1,532 $164,700 $20,000 $144,700
2024 $988 $88,200 $10,000 $78,200
2023 $1,032 $88,200 $10,000 $78,200
2022 $988 $88,200 $10,000 $78,200
2021 $988 $88,200 $10,000 $78,200
2020 $922 $78,800 $10,000 $68,800
2019 $922 $78,800 $10,000 $68,800
2018 $461 $78,800 $10,000 $68,800
2016 -- $77,400 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2020

    LEANN MAHAFFEY

    Property Executives Johnson City

  • Andrew Neese

    Buyer's Agent in 2020

    Andrew Neese

    Prestige Homes of the Tri Cities, Inc.

    (423) 217-0346

    41 Total Sales

    Andrew Neese
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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 9904987

Tennessee/Virginia Regional MLS

APN: 20-7-9

Virginia Bristol City County Bristol 24201

18 Rainbow Cir, Bristol, VA

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Listing information is deemed reliable, but not guaranteed.

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