NOT LISTED FOR SALE

2408 Riverside Rd Marion, VA 24354

-- Bed
-- Bath
3,640 Sq Ft
1.3 Acres Lot

Sale Details

Date Sold: February 28, 2022

Last sale price $235,000 $65 Per Sq Ft

260 Days on Market

Highlights

  • 1.3 Acre Lot
  • Central Air
  • Heat Pump System
  • Shed
  • Fenced

About This Home

As of February 2022

Great investment opportunity! Two duplexes close to I-81 in Marion, VA. Each duplex is 1820 sq ft. The units each have 2 bedrooms and 1 full bath with washer and dryer hookup. Each unit is currently rented at $575 a month.

Last Agent to Sell the Property

Micah Joines

BHHS- Mountain Sky Properties, Wytheville License #0225247672 Listed on: 04/29/2021

Last Buyer's Agent

Non Member Non Member

Non Member Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,629

Year Built

  • Built in 1980

Lot Details

  • 1.3 Acre Lot
  • Lot Dimensions are 200' x 200'
  • Fenced

Home Design

  • Duplex
  • Brick Exterior Construction
  • Metal Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,640 Sq Ft Home
  • Insulated Windows

Laundry

  • Laundry on main level
  • Washer

Parking

  • Paved Parking
  • Open Parking

Outdoor Features

  • Shed

Schools

  • Oak Point Elementary School
  • Marion Middle School
  • Marion Senior High School

Utilities

  • Central Air
  • Heat Pump System
  • Separate Meters
  • Natural Gas Not Available
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 4,5

Community Details

Overview

  • 4 Units

Building Details

  • Gross Income $2,300
  • Net Operating Income $2,300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,629

Year Built

Built in 1980

Lot Details

1.3 Acres

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 1.3
  • Lot Size: 200' x 200'
  • Directions: I-81 S, Marion, VA 24354 ,Depart and head west on I-81 S , At Exit 44, head right on the ramp toward Marion, Turn right onto Washington Ave toward Marion. Turn left onto US-11 S / S Main St, Keep straight to get onto Adwolfe Rd / VA-660, Turn right to stay on Riverside Rd / VA-660, Arrive at Riverside Rd / VA-660.
  • Structure Type: Two Buildings
  • Year Built: 1980
  • Special Features: None

Interior Features

  • Appliances: Washer, Refrigerator, Electric Water Heater
  • Fireplace Features: None
  • Living Area: 3640
  • Window Features: Insulated Windows

Exterior Features

  • Fencing: Fenced
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: Property Disclosure
  • Construction Type: Brick
  • Foundation Details: Concrete Perimeter
  • Other Structures: Shed(s)
  • Roof: Metal

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Paved

Utilities

  • Laundry Features: Main Level
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Electric: Separate Meters
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Natural Gas Not Available
  • Water Source: Public

Schools

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

Lot Info

  • Lot Size Sq Ft: 56628
  • Zoning: none
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 2300
  • Property Net Operating Income: 2300
  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1629.48
  • Tax Lot: 4,5
  • Tax Map Number: 55D-5-4 094684
  • Tax Year: 2020
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2022 02/28/22 Sold $235,000 -4.1% $65 / Sq Ft
01/15/2022 01/15/22 Pending -- -- --
04/29/2021 04/29/21 For Sale $245,000 -- $67 / Sq Ft
Source: Southwest Virginia Association of REALTORS®

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 $2,049 $347,300 $36,000 $311,300
2024 $2,049 $347,300 $36,000 $311,300
2023 $1,629 $220,200 $30,000 $190,200
2022 $1,629 $220,200 $30,000 $190,200
2021 $1,629 $220,200 $30,000 $190,200
2020 $1,629 $220,200 $30,000 $190,200
2019 $1,504 $203,200 $30,000 $173,200
2018 $1,504 $203,200 $30,000 $173,200
2017 $1,504 $203,200 $30,000 $173,200
2016 $1,504 $203,200 $30,000 $173,200
2015 $1,504 $0 $0 $0
2014 $1,635 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2022

    Micah Joines

    BHHS- Mountain Sky Properties, Wytheville

  • N

    Buyer's Agent in 2022

    Non Member Non Member

    Non Member Office

See All Agents

Map

Source: Southwest Virginia Association of REALTORS®

MLS Number: 78085

APN: 55D-5-4

Virginia Smyth County Marion 24354

2408 Riverside Rd, Marion, VA

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