NOT LISTED FOR SALE

28025 Jeb Stuart Hwy Abingdon, VA 24211

Estimated Value: $180,000 - $253,000

2 Beds
2 Baths
-- Sq Ft
0.86 Acres

Last Sold September 01, 2015

Last sale price $100,000

Est. 116% increase in value since last sale

Current estimated payment $1,190/month

18 Days on Market

Highlights

  • Patio
  • Level Lot
  • 1-Story Property
  • Central Heating and Cooling System
  • Carpet

About This Home

As of September 2015

Great investment property to generate cash flow, or live in one side and rent the other!! This brick, one level duplex sits just a few minutes outside the town limits of Abingdon Virginia. The owners say 'sell', and they have just recently completed some upgrades including a new roof, new gutters, new insulation & vapor barrier in the crawl space, new windows, new storm doors in front and back, as well as new flooring and new cabinets in Unit #2. There are two electric meters (tenants pay their own electric) and one water meter (currently owner pays the water bill).

Last Agent to Sell the Property

MATTHEW SMITH

Highlands Realty, Inc. Abingdon License #304086 Listed on: 07/02/2015

Last Buyer's Agent

Non Member

Non Member

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $693

Year Built

  • Built in 1997

Lot Details

  • 0.86 Acre Lot
  • Level Lot
  • Property is in average condition

Home Design

  • Duplex
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 1-Story Property
  • Insulated Windows
  • Crawl Space
  • Electric Range

Flooring

  • Carpet
  • Laminate

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio

Schools

  • Watauga Elementary School
  • E. B. Stanley Middle School
  • Abingdon High School

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Septic Tank

Community Details

  • FHA/VA Approved Complex

Listing and Financial Details

  • Assessor Parcel Number 129-1-1

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$693

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Directions: On I-81 North, take Exit 19. Turn right onto Jeb Stuart Highway heading towards Damascus. Just after passing Bethel Road on your right, the property will be on the left. See sign.
  • Prop. Type: Residential Income
  • Year Built: 1997
  • Property Sub Type: Duplex
  • Architectural Style: Duplex
  • Unit Levels: One
  • New Construction: No
  • Location Tax Legal Info Parcel ID: 129-1-1
  • Contract Info Foreclosure: No
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Acres: 0.86
  • General Property Description Zoning2: R2
  • General Property Description Elementary School3: Watauga
  • General Property Description Middle School2: E. B. Stanley
  • General Property Description High School3: Abingdon
  • Water Public: Yes
  • General Property Description Lot Dimensions: Approx. .869 Acres
  • AC Central Air: Yes
  • Appliances Refrigerators: Yes
  • TopographyLot Description Level2: Yes
  • Roof Shingle: Yes
  • AC Heat Pump3: Yes
  • Financing FHA: Yes
  • General Property Description Stories2: 1
  • TopographyLot Description Sloped: Yes
  • Flooring Carpet: Yes
  • Flooring Laminate: Yes
  • Property Condition Average: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • General Property Description # Buildings: 1
  • Style Duplex: Yes
  • Levels One: Yes
  • Special Features: None

Interior Features

  • Appliances: Dryer, Electric Range, Refrigerator, Washer
  • Has Basement: Crawl Space
  • Flooring: Carpet, Laminate
  • Window Features: Insulated Windows
  • Appliances:Electric Range: Yes
  • Basement:Crawl Space: Yes

Exterior Features

  • Property Condition: Average
  • Roof: Shingle
  • Lot Features: Sloped, Level
  • Acres: 0.86
  • Construction Type: Brick
  • Patio And Porch Features: Patio
  • Exterior Finish Brick4: Yes
  • Window Features:Insulated Windows: Yes
  • PorchPatioDeck Patio: Yes

Garage/Parking

  • Parking Features: Asphalt, None
  • Attached Garage: No
  • Parking Features:Asphalt2: Yes

Utilities

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

Schools

  • Elementary School: Watauga
  • High School: Abingdon
  • Middle Or Junior School: E. B. Stanley

Lot Info

  • Zoning: R2
  • Lot Dimensions: Approx. .869 Acres
  • Lot Size Sq Ft: 37461.6
  • ResoLotSizeUnits: Acres
  • Parcel #: 129-1-1
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 12, 2021
Sold by
81 Properties Llc
Bought by
Bledsoe Casey R
Current Estimated Value
$215,799

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,200
Outstanding Balance
$86,935
Interest Rate
2.7%
Mortgage Type
Credit Line Revolving
Estimated Equity
$128,864

Purchase Details

Listed on
Jul 2, 2015
Closed on
Aug 28, 2015
Sold by
Smeltzer Sandra
Bought by
81 Properties Llc
Seller's Agent
MATTHEW SMITH
Highlands Realty, Inc. Abingdon
Buyer's Agent
Non Member
Non Member
List Price
$119,000
Sold Price
$100,000
Premium/Discount to List
-$19,000
-15.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.87%
Original Mortgage
$74,000
Interest Rate
4.09%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Bledsoe Casey R $121,500 Attorney
81 Properties Llc $100,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bledsoe Casey R $97,200
Previous Owner 81 Properties Llc $74,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/01/2015 09/01/15 Sold $100,000 -16.0% --
07/21/2015 07/21/15 Pending -- -- --
07/02/2015 07/02/15 For Sale $119,000 -- --
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
2025 $693 $192,700 $35,000 $157,700
2024 $693 $115,500 $35,000 $80,500
2023 $693 $115,500 $35,000 $80,500
2022 $693 $115,500 $35,000 $80,500
2021 $615 $115,500 $35,000 $80,500
2020 $666 $105,700 $35,000 $70,700
2019 $666 $105,700 $35,000 $70,700
2018 $666 $105,700 $35,000 $70,700
2017 $666 $105,700 $35,000 $70,700
2016 $626 $99,400 $35,000 $64,400
2015 $626 $99,400 $35,000 $64,400
2014 $626 $99,400 $35,000 $64,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 364837

Tennessee/Virginia Regional MLS

APN: 129-1-1