NOT LISTED FOR SALE

20193 Colony Ln Bristol, VA 24202

Estimated Value: $385,000 - $599,000

1.05 Acres
$479,194 Price per Acre
45,738 Sq Ft Lot

Last Sold March 15, 2021

Last sale price $40,000 $15 Per Sq Ft

Est. 1,158% increase in value since last sale

Current estimated payment $2,665/month

2,509 Days on Market

Highlights

  • No HOA
  • High Point Elementary School Rated A-
  • Level Lot

About This Lot

As of March 2021

Very nice lot in established subdivision. There is a Washington County water meter, septic system and driveway in place on the property. Restrictions are recorded in the Washington County courthouse for Old Jonesboro Colony.

Last Agent to Sell the Property

John Mahaffey

The Mahaffey Agency License #0225107656 Listed on: 03/27/2014

Last Buyer's Agent

Sue Ann Morris

The Mahaffey Agency License #0225069887

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $331

Lot Details

  • 1.05 Acre Lot
  • Lot Dimensions are 145 x 316 x 140 x 320
  • Property fronts a county road
  • Level Lot
  • Cleared Lot
  • Property is zoned R-2

Schools

  • High Point Elementary School
  • Wallace Middle School
  • John S Battle High School

Utilities

  • Natural Gas Not Available
  • Septic Tank

Community Details

  • No Home Owners Association
  • Old Jonesborough Subdivision

Listing and Financial Details

  • Tax Lot 13

Property Details

Property Type

Land

Est. Annual Taxes

$331

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 1.05
  • Lot Size: 145 x 316 x 140 x 320
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Subdivision Name: Old Jonesborough
  • Directions: Traveling north on Interstate 81 take Exit 14, turn left onto Old Jonesboro Road, travel about 3.5 miles, turn right onto Colony Lane, lot on the right.
  • Special Features: None

Interior Features

  • Possible Use: Single Family
  • Other Equipment: Equipment Leased(None)

Exterior Features

  • Fencing: None
  • Lot Features: Cleared
  • Topography: Mostly Level
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: None
  • Other Structures: Additional Structures(None)

Utilities

  • Electricity On Property: Yes
  • Sewer: Septic Tank
  • Utilities: Electricity Available, Natural Gas Not Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: High Point
  • High School: John S Battle
  • Middle Or Junior School: Wallace

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 45738
  • Zoning: R-2
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 330.75
  • Tax Lot: 13
  • Tax Map Number: 143 7 13
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2014
Closed on
Mar 11, 2021
Sold by
Read Paul R and Read Kelly H
Bought by
Thompson Kim and Thompson Dale
Seller's Agent
John Mahaffey
The Mahaffey Agency
Buyer's Agent
Sue Ann Morris
The Mahaffey Agency
List Price
$74,500
Sold Price
$40,000
Premium/Discount to List
-$34,500
-46.31%
Current Estimated Value
$503,154

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$463,154
Avg. Annual Appreciation
72.99%
Source: Public Records

Range of Values:

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Average Value
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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
Thompson Kim $40,000 Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/15/2021 03/15/21 Sold $40,000 -46.3% $15 / Sq Ft
02/08/2021 02/08/21 Pending -- -- --
03/27/2014 03/27/14 For Sale $74,500 -- $28 / 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 $315 $217,300 $50,000 $167,300
2024 $315 $52,500 $50,000 $2,500
2023 $315 $52,500 $50,000 $2,500
2022 $315 $52,500 $50,000 $2,500
2021 $248 $52,500 $50,000 $2,500
2020 $331 $52,500 $50,000 $2,500
2019 $331 $52,500 $50,000 $2,500
2018 $331 $52,500 $50,000 $2,500
2017 $331 $52,500 $50,000 $2,500
2016 $952 $52,500 $50,000 $2,500
2015 $952 $52,500 $50,000 $2,500
2014 $952 $52,500 $50,000 $2,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwest Virginia Association of REALTORS®

MLS Number: 45714

APN: 143-7-13