NOT LISTED FOR SALE

204 W Main St Marion, VA 24354

Estimated Value: $491,199

6 Beds
6.5 Baths
5,105 Sq Ft
$96/Sq Ft Est. Value

Last Sold June 25, 2021

Last sale price $385,000 $75 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $2,978/month

1,505 Days on Market

Highlights

  • Mature Trees
  • Newly Painted Property
  • Main Floor Primary Bedroom
  • Deck
  • Traditional Architecture
  • Corner Lot

About This Home

As of June 2021

Priced well below appraised value & voted the #1 B&B in Smyth County, now is the time to take advantage of low interest rates & the value of this turnkey B&B with immediate occupancy! Southern Hospitality fits right into this 6 BR, 6.5 BA brick amid historic Downtown Marion. A beautiful home that radiates charm. Custom renovations in 2011. Can be used as a boarding house or a stately residence. Show-casing 5 en-suites with unique furnishings set up around the Collins family story. Beautiful woodwork throughout, grand staircase, parlor, formal living & dining rooms, large commercial kitchen & laundry. Mechanical aspects of the home include radiant heated floors, water cooled air conditioning system, security system wired in, 3 working gas fireplaces, in-house audio system, gas quick recovery hot water heaters, air filtration system & battery powered back up system. Pristine condition & ready to move in to!

Last Agent to Sell the Property

Vickie Stamper

Appalachian Realty Co. License #0225024307 Listed on: 03/21/2017

Last Buyer's Agent

Ginger Circle

River Mountain Realty, LLC License #0225084716

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,048

Year Built

  • Built in 1920

Lot Details

  • 0.46 Acre Lot
  • Corner Lot
  • Level Lot
  • Mature Trees
  • Property is zoned C G

Parking

  • 2 Car Attached Garage
  • Drive Under Main Level

Home Design

  • Traditional Architecture
  • Newly Painted Property
  • Brick Exterior Construction
  • Stone Foundation
  • Shingle Roof
  • Rolled or Hot Mop Roof
  • Vinyl Siding

Interior Spaces

  • 5,105 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Insulated Windows
  • Living Room
  • Dining Room
  • Tile Flooring
  • Home Security System
  • Laundry on main level

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom on Main
  • Bathroom on Main Level

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Outdoor Features

  • Deck
  • Covered patio or porch
  • Exterior Lighting

Schools

  • Marion Elementary School
  • Marion Middle School
  • Marion Senior High School

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Gas Available
  • Gas Water Heater
  • High Speed Internet

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 25 & 26

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,048

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.46
  • Lot Size: .46
  • Road Surface Type: Paved
  • Directions: From I-81 North Bound exit 45, turn left on Commerce to Main Street, left on Main. property is on the left at Traffic Signal #1.
  • Above Grade Finished Sq Ft: 3942
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: Yes
  • Building Stories: 2
  • Year Built: 1920
  • Kitchen Level: First
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Range/Oven, Refrigerator, Gas Water Heater
  • Has Basement: Full, Partially Finished, Exterior Entry
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Below Grade Sq Ft: 1960
  • Fireplace Features: Gas Log, Three or More
  • Fireplace: Yes
  • Flooring: Tile
  • Interior Amenities: Ceiling Fan(s), Newer Paint, High Speed Internet, Cable High Speed Internet
  • Living Area: 5105
  • Window Features: Insulated Windows
  • Bathroom 1 Area: 24.6
  • Room Bedroom4 Area: 182.09
  • Bathroom 2 Area: 86.13
  • Room Bedroom4 Level: Second
  • Living Room Living Room Level: First
  • Room Bedroom3 Area: 245.11
  • Master Bedroom Master Bedroom Level: First
  • Bathroom 3 Area: 62.9
  • Room Bedroom2 Area: 229.35
  • Room Bedroom3 Level: Second
  • Master Bedroom Master Bedroom Width: 11.11
  • Room Family Room Area: 265.95
  • Bathroom 2 Level: Second
  • Room Bedroom2 Level: Second
  • Room Family Room Level: Lower
  • Bathroom 3 Level: Second
  • Bathroom 1 Level: First
  • Room Living Room Area: 276.41
  • Room Kitchen Area: 388.36
  • Bathroom Level: First
  • Dining Room Dining Room Level: First
  • Room Master Bedroom Area: 246.642
  • Room Dining Room Area: 312.48

Exterior Features

  • Lot Features: Level, Corner Lot
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Brick, Vinyl Siding
  • Exterior Features: Other, Lighting, Mature Trees
  • Foundation Details: Stone
  • Patio And Porch Features: Porch Covered, Open Deck
  • Property Condition: Exterior Condition: Very Good, Interior Condition: Very Good
  • Roof: Shingle, Rolled/Hot Mop

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Drive Under
  • Total Parking Spaces: 2

Utilities

  • Laundry Features: First Level
  • Security: Security System
  • Cooling: Other
  • Cooling Y N: Yes
  • Heating: Natural Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Natural Gas Connected
  • Water Source: Public
  • Gas Company: Installed

Condo/Co-op/Association

  • Association: No

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Marion Elementary
  • High School: Marion Senior
  • Middle Or Junior School: Marion

Lot Info

  • Lot Size Sq Ft: 20037.6
  • Zoning: C G
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 3047.59
  • Tax Lot: 25 & 26
  • Tax Map Number: 209-117-25
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2017
Closed on
Jun 22, 2021
Sold by
Edwards Michael and Edwards Mary
Bought by
Brehm Rodney Lee and Brehm Carol Jean
Seller's Agent
Vickie Stamper
Appalachian Realty Co.
Buyer's Agent
Ginger Circle
River Mountain Realty, LLC
List Price
$509,000
Sold Price
$385,000
Premium/Discount to List
-$124,000
-24.36%
Current Estimated Value
$491,199

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,199
Avg. Annual Appreciation
6.09%
Original Mortgage
$308,000
Outstanding Balance
$282,473
Interest Rate
2.9%
Mortgage Type
Closed End Mortgage
Estimated Equity
$208,726

Purchase Details

Closed on
May 29, 2013
Sold by
Fields David C
Bought by
Edwards Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$443,600
Interest Rate
3.39%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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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
Brehm Rodney Lee $385,000 Attorney
Edwards Michael $554,505 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brehm Rodney Lee $308,000
Previous Owner Edwards Michael $407,000
Previous Owner Edwards Michael $443,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2021 06/25/21 Sold $385,000 -24.4% $75 / Sq Ft
05/06/2021 05/06/21 Pending -- -- --
03/22/2017 03/22/17 For Sale $509,000 -- $100 / 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
2024 $3,464 $587,200 $41,800 $545,400
2023 $2,478 $334,900 $41,800 $293,100
2022 $2,478 $334,900 $41,800 $293,100
2021 $2,478 $334,900 $41,800 $293,100
2020 $2,478 $334,900 $41,800 $293,100
2019 $1,975 $266,900 $41,800 $225,100
2018 $1,975 $266,900 $41,800 $225,100
2017 $1,975 $266,900 $41,800 $225,100
2016 $1,975 $266,900 $41,800 $225,100
2015 $1,975 $0 $0 $0
2014 $2,002 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwest Virginia Association of REALTORS®

MLS Number: 59398

APN: 209-117-25