Tammy Wood
NextHome Magnolia Realty
(423) 515-6708
51 Total Sales
2 in Abingdon
$123,500 Price Range
241 Gray Dr Abingdon, VA 24210
Abingdon Area
27
Beds
27
Baths
11,810
Sq Ft
0.97
Acre Lot
Highlights
- 0.97 Acre Lot
- Paneling
- Baseboard Heating
- Mature Trees
- Cooling System Mounted To A Wall/Window
- Heating unit installed on the ceiling
About This Home
As of June 2021THREE BRICK BUILDINGS WITH 14 APARTMENT UNITS; BUILDING #1 241-243-245-247 GRAY DR.HAS FOUR UNITS FEATURING TWO BEDROOMS, ONE BATH, LIVING AND DINING AREA, KITCHEN, WITH ELECTRIC CEILING - BASEBOARD HEAT ,AND WINDOW AC. BUILDING #2 253-255-257-259-252A- 252B GRAY DRIVE HAS FIVE UNITS FEATURING TWO BEDROOMS, ONE BATH, LIVING AND DINING AREA, KITCHEN. THIS BUILDING HAS TWO BASEMENT UNITS A ONE BEDROOM UNIT, AND A TWO BEDROOM UNIT.BUILDING #3 261-263-265-267 GRAY DRIVE HAS FOUR TOWN HOUSE STYLE UNITS FEATURING TWO BEDROOMS, LIVING AND DINING AREA, 1.5 BATHS, AND KITCHEN, EACH UNIT HAS CEILING - BASEBOARD HEAT, AND WINDOW AC.;INCOME AND EXPENSES ARE BASED ON ALL UNITS BEING RENTED..EXPENSES ARE ESTIMATED AT 30% OF INCOME.
Last Agent to Sell the Property
Meade Realty License #0225006140 Listed on: 10/08/2019
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,387
Year Built
- Built in 1969
Lot Details
- 42,253 Sq Ft Lot
- Lot Dimensions are 290 x 145 x 290 x 145
- Mature Trees
Home Design
- Quadruplex
- Brick Exterior Construction
- Block Foundation
- Fire Rated Drywall
- Shingle Roof
Interior Spaces
- 11,810 Sq Ft Home
- Paneling
Kitchen
- Oven or Range
- Stove
- Dishwasher
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 27 Bedrooms
- 27 Bathrooms
Finished Basement
- Laundry in Basement
- Crawl Space
Parking
- Paved Parking
- Open Parking
Schools
- Greendale Elementary School
- E B Stanley Middle School
- Abingdon High School
Utilities
- Cooling System Mounted To A Wall/Window
- Heating unit installed on the ceiling
- Baseboard Heating
- Master Meter
- Natural Gas Not Available
- Electric Water Heater
- Cable TV Available
Listing and Financial Details
- Total Actual Rent $875
- Tax Lot 15-16-17
Community Details
Overview
- 14 Units
Building Details
- Insurance Expense $2,590
- Other Expense $9,461
- Gross Income $79,500
- Net Operating Income $55,850
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
Oct 8, 2019
Closed on
Jun 16, 2021
Sold by
Bought by
Seller's Agent
Ralph Johnson
Meade Realty
Buyer's Agent
Ralph Johnson
Meade Realty
List Price
$690,000
Sold Price
$630,000
Premium/Discount to List
-$60,000
-8.7%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$504,000
Outstanding Balance
$447,267
Interest Rate
2.9%
Mortgage Type
Credit Line Revolving
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Abingdon, VA
-
Tammy Wood
-
ROBERTA HYLTON
ROBERTA HYLTON
Reciprocal Southwest Virginia
(276) 477-2291
72 Total Sales
17 in Abingdon
$6K - $583K Price Range
-
Angela Anderson
Angela Anderson
Countryside Realty, LLC
(276) 451-7734
101 Total Sales
10 in Abingdon
$101K - $270K Price Range
-
Jennifer Proffitt
Jennifer Proffitt
Eagle Realty
(276) 388-1632
75 Total Sales
2 in Abingdon
$136,000 Price Range
-
Jimmy Akers
Jimmy Akers
Stuart and Associates
(276) 598-1565
89 Total Sales
4 in Abingdon
$190K - $850K Price Range
-
Carol Jones
Carol Jones
BHHS Jones Property Group VA
(276) 477-2314
135 Total Sales
31 in Abingdon
$10K - $860K Price Range
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 |
|---|---|---|---|
| $630,000 | None Available |
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 | $504,000 | ||
| Previous Owner | $460,000 |
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 |
|---|---|---|---|---|
| 06/17/2021 06/17/21 | Sold | $630,000 | -8.7% | $53 / Sq Ft |
| 04/23/2021 04/23/21 | Pending | -- | -- | -- |
| 10/08/2019 10/08/19 | For Sale | $690,000 | -- | $58 / 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 |
|---|---|---|---|---|
| 2026 | $1,181 | $274,700 | $50,000 | $224,700 |
| 2025 | $1,181 | $274,700 | $50,000 | $224,700 |
| 2024 | $9 | $153,100 | $40,000 | $113,100 |
| 2023 | $919 | $153,100 | $40,000 | $113,100 |
| 2022 | $919 | $153,100 | $40,000 | $113,100 |
| 2021 | $919 | $153,100 | $40,000 | $113,100 |
| 2019 | $961 | $152,600 | $40,000 | $112,600 |
| 2018 | $961 | $152,600 | $40,000 | $112,600 |
| 2017 | $961 | $152,600 | $40,000 | $112,600 |
| 2016 | $961 | $152,500 | $40,000 | $112,500 |
| 2015 | $961 | $152,500 | $40,000 | $112,500 |
| 2014 | $961 | $152,500 | $40,000 | $112,500 |
Source: Public Records
Agents Affiliated with this Home
-
Ralph Johnson
Seller's Agent in 2021
Ralph Johnson
Meade Realty
(888) 828-3789
60 Total Sales
Map
Source: Southwest Virginia Association of REALTORS®
MLS Number: 71685
APN: 006 15 15
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