NOT LISTED FOR SALE

265 Cherry Ln Bristol, VA 24201

Estimated Value: $257,000 - $330,000

3 Beds
2 Baths
2,302 Sq Ft
$126/Sq Ft Est. Value

Last Sold August 26, 2024

Last sale price $265,000 $115 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $1,693/month

26 Days on Market

Highlights

  • Ranch Style House
  • Central Heating and Cooling System
  • Lot Has A Rolling Slope
  • No HOA

About This Home

As of August 2024

LOCATION! LOCATION! This Stately Beautiful all Brick Home is ready for it's New Owner. It's been Freshly Painted and Cleaned from top to Bottom, The Location is Perfect! You are minutes from the Interstate, Shopping, Fine Dining, the Casino, the Hospital and if you have Children the Schools are in Walking Distance. When you enter into the Front Door you will find a Sitting/Living Area which could be used in many different ways. To the left is the Galley Kitchen with ample Cabinets, freshly painted which leads to a Hugh Family Room with Fireplace with Two sets of Sliding Doors that leads out to the back Covered Patio, then onto an Open Patio which makes it a Breeze for Entertaining. The back side of this home offers 3 Bedrooms and 2 full Baths. It has a One Car Garage, and a Basement Area that is 1700 sq. ft. with Heat and Air which could easily be turned into more Living Space if needed. This home has been well maintained and is a Must See, schedule your appointment today with your Realtor before it becomes a Home for someone else!!! There is a Lift Chair in the basement that Convey's with the home, it is easy to install if needed.

Last Agent to Sell the Property

LORI L CROSS-HOBSON

Greater Impact Realty Kingsport License #266573 Listed on: 06/24/2024

Last Buyer's Agent

Melissa Hall

The Addington Agency Bristol License #335263

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,365

Year Built

  • Built in 1952

Lot Details

  • Lot Dimensions are 189x55x153x221
  • Lot Has A Rolling Slope
  • Property is in good condition
  • Property is zoned RS

Home Design

  • 2,302 Sq Ft Home
  • Ranch Style House
  • Brick Exterior Construction
  • Asphalt Roof

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Washington Lee Elementary School
  • Virginia Middle School
  • Virginia High School

Utilities

  • Central Heating and Cooling System
  • Heat Pump System

Community Details

  • No Home Owners Association
  • Jefferson Park Subdivision
  • FHA/VA Approved Complex

Listing and Financial Details

  • Assessor Parcel Number 7 8 3 11a

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,365

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Directions: From Euclid Ave travel North to Lee Highway, Turn left onto Jefferson and then left onto Cherry Lane.
  • Prop. Type: Residential
  • Year Built: 1952
  • Property Sub Type: Single Family Residence
  • Subdivision Name: Jefferson Park
  • Architectural Style: Ranch
  • New Construction: No
  • Reso Structure Type: House
  • Contract Info Foreclosure: No
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Zoning2: RS
  • General Property Description Elementary School3: Washington Lee Elementary
  • General Property Description Middle School2: Virginia
  • General Property Description High School3: Virginia
  • General Property Description HOA YN: No
  • Property Condition Above Average: Yes
  • Water Public: Yes
  • General Property Description Lot Dimensions: 189x55x153x221
  • General Property Description Home Warranty: No
  • General Property Description Total SqFt Finished: 2302.0
  • General Property Description Above Grade SqFt: 2302.0
  • AC Central Air: Yes
  • General Property Description Parcel ID2: 7 8 3 11a
  • Style Ranch: Yes
  • AC Heat Pump3: Yes
  • Financing FHA: Yes
  • TopographyLot Description Rolling Slope: Yes
  • RoofAsphalt: Yes
  • Rooms Family Room3: Yes
  • Structure Type:House: Yes
  • Special Features: None

Interior Features

  • Family Room Level: Basement
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Total Bedrooms: 6
  • General Property Description Baths - Full: 2

Exterior Features

  • Property Condition: Above Average
  • Roof: Asphalt
  • Topography: Rolling Slope
  • Home Warranty: No
  • Construction Type: Brick
  • Exterior Finish Brick4: Yes

Utilities

  • Heating: Central, Heat Pump
  • Cooling: Central Air, Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Washington Lee Elementary
  • High School: Virginia
  • Middle Or Junior School: Virginia

Lot Info

  • Zoning: RS
  • Lot Dimensions: 189x55x153x221
  • Parcel #: 7 8 3 11a

Tax Info

  • Tax Book Number: 97

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2024
Closed on
Aug 23, 2024
Sold by
Owens Robin Salyer
Bought by
Larsen Michelle
Seller's Agent
LORI L CROSS-HOBSON
Greater Impact Realty Kingsport
Buyer's Agent
Melissa Hall
The Addington Agency Bristol
List Price
$289,900
Sold Price
$265,000
Premium/Discount to List
-$24,900
-8.59%
Views
70
Current Estimated Value
$290,189

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,189
Avg. Annual Appreciation
9.51%
Original Mortgage
$238,500
Outstanding Balance
$236,238
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$53,951
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Larsen Michelle $265,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Larsen Michelle $238,500
Previous Owner Conley Betty R $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2024 08/26/24 Sold $265,000 -8.6% $115 / Sq Ft
07/21/2024 07/21/24 Pending -- -- --
06/24/2024 06/24/24 For Sale $289,900 -- $126 / Sq Ft
Source: Tennessee/Virginia Regional MLS

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 $1,365 $121,900 $22,500 $99,400
2023 $1,426 $121,900 $22,500 $99,400
2022 $1,365 $121,900 $22,500 $99,400
2021 $1,365 $121,900 $22,500 $99,400
2020 $1,107 $94,600 $22,500 $72,100
2019 $1,107 $94,600 $22,500 $72,100
2018 $553 $94,600 $22,500 $72,100
2016 -- $103,100 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 9967634

Tennessee/Virginia Regional MLS

APN: 7-8-3-11A