NOT LISTED FOR SALE

20269 Benhams Rd Bristol, VA 24202

Estimated Value: $222,000 - $282,125

4 Beds
2 Baths
2,358 Sq Ft
$108/Sq Ft Est. Value

Last Sold August 04, 2022

Last sale price $185,000 $78 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $1,476/month

23 Days on Market

Highlights

  • Mature Trees
  • Newly Painted Property
  • Tile Flooring
  • Wallace Middle School Rated A-
  • Paneling
  • Central Air

About This Home

As of August 2022

Great investment opportunity approximately 3.5 miles from the city of Bristol, situated on over an acre of land. Located in the county so NO city real estate taxes! This two level duplex has a great rental history. Both units have 2 Bedrooms, one and a half bath and over a 1100 sq ft per unit. Both units are currently vacant for the purpose of ease of showing. Unit A rent per month is based on $850. per month, this one includes a carport, new luxury waterproof vinyl flooring in both bedrooms, new paint in living room and new kitchen stove. Unit B rent will be $800.00 per month. Both units have a storage building. Kitchen and bathrooms have granite countertops & vanities. Roof is approximately 10 to 12 years old and the heat pumps are about the same. Septic was pumped in 2020. The units have separate utility meters. Property is being sold as-is with no inspections or warranties. Any inspections by buyer is for information purposes only.

Last Agent to Sell the Property

Debbie Dotson

United Country Southern Real Estate Listed on: 06/24/2022

Last Buyer's Agent

JON JOHNSON

Callebs Realty License #0225242416

Callebs Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $866

Year Built

  • Built in 1979

Lot Details

  • 1.12 Acre Lot
  • Mature Trees
  • Property is in good condition

Home Design

  • Duplex
  • Newly Painted Property
  • Brick Exterior Construction
  • Fire Rated Drywall
  • Shingle Roof
  • Block Exterior
  • Vinyl Siding

Interior Spaces

  • 2,358 Sq Ft Home
  • Paneling
  • Insulated Windows
  • Fire and Smoke Detector
  • Oven or Range
  • Laundry on lower level

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Outbuilding
  • Rain Gutters

Schools

  • Valley Institute Elementary School
  • Wallace Middle School
  • John S Battle High School

Utilities

  • Central Air
  • Heat Pump System
  • Separate Meters
  • Natural Gas Not Available
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Total Actual Rent $825

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $630
  • Gross Income $19,800
  • Net Operating Income $17,656

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$866

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 1.12
  • Road Surface Type: Paved
  • Directions: I-81 S, Exit 5, at the bottom of the ramp make a right on Lee Hwy and at the traffic light make a left on Island Rd. go approx. 2 miles, turn right onto Benhams Rd, go approx.3.5 miles and the property is on the right. Look for the sign.
  • Above Grade Finished Sq Ft: 1179
  • Structure Type: Side by Side
  • Year Built: 1979
  • Special Features: None

Interior Features

  • Appliances: Range/Oven, Refrigerator, Electric Water Heater
  • Has Basement: Full, Walk-Out Access, Finished
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1179
  • Fireplace Features: None
  • Flooring: Newer Floor Covering, Carpet, Tile, Vinyl
  • Interior Amenities: Newer Paint, Paneling
  • Living Area: 2358
  • Window Features: Insulated Windows

Exterior Features

  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: Property Disclosure
  • Construction Type: Block, Brick, Vinyl Siding, Dry Wall
  • Exterior Features: Rain Gutters, Mature Trees
  • Other Structures: Outbuilding
  • Property Condition: Exterior Condition: Good, Interior Condition: Good
  • Roof: Shingle

Utilities

  • Laundry Features: Lower Level
  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Heat Pump, Heatpump
  • Heating Yn: Yes
  • Electric: Separate Meters
  • Sewer: Septic Tank
  • Utilities: Natural Gas Not Available
  • Water Source: Public

Schools

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

Lot Info

  • Lot Size Sq Ft: 48787.2
  • Zoning: 0
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 19800
  • Insurance Expense: 630
  • Property Net Operating Income: 17656.2
  • Total Actual Rent: 825
  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 865.8
  • Tax Lot: 0
  • Tax Map Number: 139 3 2 027079
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2022
Closed on
Aug 4, 2022
Sold by
Randall Denton Belve
Bought by
Canterbury James and Canterbury Shannon
Seller's Agent
Debbie Dotson
United Country Southern Real Estate
Buyer's Agent
JON JOHNSON
Callebs Realty
List Price
$199,000
Sold Price
$185,000
Premium/Discount to List
-$14,000
-7.04%
Current Estimated Value
$254,281

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,281
Avg. Annual Appreciation
11.22%
Original Mortgage
$140,000
Outstanding Balance
$128,577
Interest Rate
5.81%
Mortgage Type
New Conventional
Estimated Equity
$125,704
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
Canterbury James $185,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Canterbury James $140,000
Previous Owner Denton Belve Randall $105,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2022 08/04/22 Sold $185,000 -7.0% $78 / Sq Ft
07/18/2022 07/18/22 Pending -- -- --
06/24/2022 06/24/22 For Sale $199,000 -- $84 / 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 $866 $231,400 $30,800 $200,600
2024 $866 $144,300 $25,600 $118,700
2023 $866 $144,300 $25,600 $118,700
2022 $866 $144,300 $25,600 $118,700
2021 $866 $144,300 $25,600 $118,700
2019 $867 $172,200 $64,900 $107,300
2018 $867 $172,200 $64,900 $107,300
2017 $867 $172,200 $64,900 $107,300
2016 $825 $165,500 $59,900 $105,600
2015 $825 $165,500 $59,900 $105,600
2014 $825 $165,500 $59,900 $105,600
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2022

    Debbie Dotson

    United Country Southern Real Estate

  • J

    Buyer's Agent in 2022

    JON JOHNSON

    Callebs Realty

    (276) 591-9435

    26 Total Sales

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Map

Source: Southwest Virginia Association of REALTORS®

MLS Number: 83241

APN: 139-3-2

Virginia Washington County Bristol 24202

20269 Benhams Rd, Bristol, VA

This home is located at 20269 Benhams Rd, Bristol, VA 24202 since 24 June 2022 and is currently estimated at $254,281, approximately $107 per square foot. This property was built in 1979. 20269 Benhams Rd is a home located in Washington County with nearby schools including Valley Institute Elementary School, Wallace Middle School, and John S. Battle High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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