NOT LISTED FOR SALE

2408 Riverside Rd Marion, VA 24354

Marion Area
-- Bed
-- Bath
3,640 Sq Ft
1.3 Acre 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

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
Apr 29, 2021
Closed on
Feb 28, 2022
Sold by
Bought by
Seller's Agent
Micah Joines
BHHS- Mountain Sky Properties, Wytheville
Buyer's Agent
Non Member Non Member
Non Member Office
List Price
$245,000
Sold Price
$235,000
Premium/Discount to List
-$10,000
-4.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
0.0369%
Mortgage Type
Credit Line Revolving
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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
$235,000 None Listed On Document
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 $188,000
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
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

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
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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