NOT LISTED FOR SALE

20355 Ranchero Rd Bristol, VA 24202

Estimated Value: $194,567

-- Bed
-- Bath
-- Sq Ft
1.75 Acres

Last Sold April 01, 2020

Last sale price $120,000

Est. 62% increase in value since last sale

Current estimated payment $1,022/month

Highlights

  • Fireplace
  • Cooling Available
  • Heating Available
  • High Point Elementary School Rated A-

About This Home

As of April 2020

This is a 15 unit trailer park right off of exit 10 in Bristol, Virginia. It is just minutes away from John Battle High School, and its location gives the park lots of potential. All but two of the trailers are rentals, and the land is conveyed as well. It has 1.75 acres, public water, and uses a septic system. The trailers are rented out between $300 and $350 a month. The expenses include a trash service, and total about $600 a month due to other small maintenance and expenses.

Last Agent to Sell the Property

Andrew Jessee

eXp- Godwin Realty Group Listed on: 01/30/2020

Last Buyer's Agent

Lauren Griffin

American Realty & Associates, Inc. License #0225203171

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $503

Year Built

  • Built in 1967

Lot Details

  • 1.75 Acre Lot
  • No Landscaping

Interior Spaces

  • Fireplace

Schools

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

Utilities

  • Cooling Available
  • Heating Available
  • Separate Meters
  • Natural Gas Not Available
  • Septic Tank

Community Details

Overview

  • 15 Units

Building Details

  • Gross Income $63,000
  • Net Operating Income $55,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$503

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 1.75
  • Lot Size: 1.75
  • Road Surface Type: Paved
  • Directions: From I-81 North take exit ten. Turn right onto Lee Highway. Turn right onto Wood Howell. Turn right onto Ranchero Road.
  • Structure Type: Multiple Buildings
  • Year Built: 1967
  • ResoBuildingAreaSource: Other
  • Special Features: None

Interior Features

  • Appliances: None
  • Has Basement: Basement/Foundation Other/See Remarks
  • Fireplace Features: Other
  • Fireplace: Yes
  • Interior Amenities: Other
  • Window Features: Other-See Remarks
  • ResoLivingAreaSource: Other

Exterior Features

  • Lot Features: No Landscaping
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Other
  • Foundation Details: Basement/Foundation Other/See Remarks
  • Property Condition: Exterior Condition: Fair, Interior Condition: Fair
  • Roof: Other

Utilities

  • Laundry Features: Other
  • Cooling: Other
  • Cooling Y N: Yes
  • Heating: Other
  • Heating Yn: Yes
  • Electric: Separate Meters
  • Sewer: Septic Tank
  • Utilities: Natural Gas Not Available
  • Water Source: Public

Schools

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

Lot Info

  • Lot Size Sq Ft: 76230
  • Zoning: C
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 15
  • Annual Gross Income: 63000
  • Property Net Operating Income: 55800
  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 502.74
  • Tax Lot: 0
  • Tax Map Number: 143A4 A 19
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2020
Closed on
Apr 1, 2020
Sold by
Sweet Teresa and Shewsbury Debra
Bought by
Ranchero Mhp Llc
Seller's Agent
Andrew Jessee
eXp- Godwin Realty Group
Buyer's Agent
Lauren Griffin
American Realty & Associates, Inc.
List Price
$119,000
Sold Price
$120,000
Premium/Discount to List
$1,000
0.84%
Current Estimated Value
$194,567

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,567
Avg. Annual Appreciation
9.05%
Original Mortgage
$122,750
Outstanding Balance
$108,742
Interest Rate
3.4%
Mortgage Type
Commercial
Estimated Equity
$85,825
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ranchero Mhp Llc $130,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ranchero Mhp Llc $122,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/01/2020 04/01/20 Sold $120,000 +0.8% --
01/30/2020 01/30/20 Pending -- -- --
01/30/2020 01/30/20 For Sale $119,000 -- --
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 $19 $4,600 $4,600 $0
2024 $19 $3,100 $3,100 $0
2023 $19 $3,100 $3,100 $0
2022 $19 $3,100 $3,100 $0
2021 $19 $3,100 $3,100 $0
2019 $20 $3,100 $3,100 $0
2018 $20 $3,100 $3,100 $0
2017 $20 $3,100 $3,100 $0
2016 $20 $3,100 $3,100 $0
2015 $20 $3,100 $3,100 $0
2014 $20 $3,100 $3,100 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2020

    Andrew Jessee

    eXp- Godwin Realty Group

  • L

    Buyer's Agent in 2020

    Lauren Griffin

    American Realty & Associates, Inc.

See All Agents

Map

Source: Southwest Virginia Association of REALTORS®

MLS Number: 72768

APN: 143A4-A-18

Virginia Washington County Bristol 24202

20355 Ranchero Rd, Bristol, VA

This home is located at 20355 Ranchero Rd, Bristol, VA 24202 since 30 January 2020 and is currently estimated at $194,567. This property was built in 1967. 20355 Ranchero Rd is a home located in Washington County with nearby schools including High Point 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.

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes