NOT LISTED FOR SALE

20355 Ranchero Rd Bristol, VA 24202

Bristol Area

Estimated Value: $197,134

Studio
-- Bath
-- Sq Ft
1.75 Acre Lot

Sale Details

Date Sold: April 1, 2020

Last sale price $120,000

Est. 64% increase in value since last sale

Current estimated payment $1,086 / mo

Highlights

  • Fireplace
  • Cooling Available
  • Heating Available
  • Wallace Middle 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

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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

1.75 Acres

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

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
Jan 30, 2020
Closed on
Apr 1, 2020
Sold by
Bought by
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
$197,134

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,134
Avg. Annual Appreciation
8.14%
Original Mortgage
$122,750
Outstanding Balance
$106,591
Interest Rate
3.4%
Mortgage Type
Commercial
Estimated Equity
$90,543
Source: Public Records

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
$130,000 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 $122,750
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
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

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
2026 $19 $4,600 $4,600 $0
2025 $19 $4,600 $4,600 $0
2024 $0 $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

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Map

Source: Southwest Virginia Association of REALTORS®

MLS Number: 72768

APN: 143A4-A-18

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