NOT LISTED FOR SALE

309 Magnolia Dr Bristol, VA 24201

Estimated Value: $147,000 - $184,000

2 Beds
1 Bath
947 Sq Ft
$171/Sq Ft Est. Value

Last Sold November 22, 2019

Last sale price $51,500 $54 Per Sq Ft

Est. 214% increase in value since last sale

Current estimated payment $942/month

2 Days on Market

Highlights

  • Cottage
  • Front Porch
  • Window Unit Cooling System
  • Workshop
  • Paneling
  • Patio

About This Home

As of November 2019

Lots of updates and priced to sell! Very conveniently located. Lots of updates! Remodeled bathroom, very trendy new paint colors, new carpet, new vinyl, new blinds, new efficient wall heaters, some new kitchen cabinets, new dishwasher, some new electrical and new storm door. Handy mud/laundry room, large den with fireplace in basement, extra room in basement can be used for workshop, office, studio or storage. Great fenced backyard. Don't let this one get away! Be in your new home by the holidays! (finished sq ft in basement estimated)

Last Agent to Sell the Property

Debra Kennedy

Prestige Homes of the Tri Cities, Inc. License #0225194329 Listed on: 10/15/2019

Last Buyer's Agent

Laura McMillan

Fairway Realty License #327751

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,041

Year Built

  • Built in 1961 | Remodeled

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 50 x 161
  • Fenced Front Yard
  • Landscaped
  • Sloped Lot
  • Property is in average condition
  • Property is zoned R-2

Home Design

  • Cottage
  • Block Foundation
  • Shingle Roof
  • Vinyl Siding
  • Stucco

Interior Spaces

  • 947 Sq Ft Home
  • 1-Story Property
  • Paneling
  • Workshop
  • Utility Room
  • Washer and Electric Dryer Hookup
  • Pull Down Stairs to Attic

Kitchen

  • Dishwasher
  • Laminate Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Partially Finished Basement

  • Interior and Exterior Basement Entry
  • Fireplace in Basement
  • Block Basement Construction

Home Security

  • Storm Doors
  • Fire and Smoke Detector

Outdoor Features

  • Patio
  • Front Porch

Schools

  • Stnwall Jackson Elementary School
  • Virginia Middle School
  • Virginia High School

Utilities

  • Window Unit Cooling System
  • Heating Available
  • Cable TV Available

Community Details

  • Property has a Home Owners Association
  • FHA/VA Approved Complex

Listing and Financial Details

  • Assessor Parcel Number 14 523 15

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,041

Year Built

Built in 1961 | Remodeled

Lot Details

0

Listing Details

  • Directions: N on Commonwealth Ave. Left on Spurgeon Lane, Left on Randolph St, Right on Cross St and left on Magnolia. Home on right.
  • Prop. Type: Residential
  • Year Built: 1961
  • Property Sub Type: Single Family Residence
  • Reso Association Amenities: Landscaping
  • Architectural Style: Cottage
  • Unit Levels: One
  • New Construction: No
  • Reso Structure Type: House
  • Contract Info Foreclosure: No
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Acres: 0.18
  • General Property Description Zoning2: R-2
  • General Property Description Elementary School3: Stnwall Jackson
  • General Property Description Middle School2: Virginia
  • General Property Description High School3: Virginia
  • Water Public: Yes
  • Sewer Public Sewer: Yes
  • General Property Description Lot Dimensions: 50 x 161
  • General Property Description Home Warranty: No
  • General Property Description Total SqFt Finished: 947.0
  • General Property Description Parcel ID2: 14 523 15
  • Roof Shingle: Yes
  • Financing FHA: Yes
  • TopographyLot Description Sloped: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Flooring Carpet: Yes
  • Utilities Cable Connected: Yes
  • Foundation Block6: Yes
  • Fireplace Basement3: Yes
  • Excluded From Sale A C Window Units: Yes
  • Flooring Vinyl: Yes
  • Walls Paneling: Yes
  • Property Condition Average: Yes
  • Basement Block4: Yes
  • Attic Pull Down Stairs: Yes
  • Fencing Front Yard: Yes
  • Levels One: Yes
  • Structure Type:House: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher
  • Has Basement: Block, Exterior Entry, Interior Entry, Partially Finished
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Laminate Counters, Remodeled, Smoke Detector(s), Storm Door(s)
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 206.0
  • Fireplace Features: Basement
  • Total Bedrooms: 4
  • General Property Description Baths - Full: 1
  • InteriorFeatures:Smoke Detector(s): Yes
  • Appliances Dishwasher: Yes
  • InteriorFeatures:Remodeled: Yes
  • Interior Features:Laminate Counters: Yes
  • Other Rooms:Workshop: Yes
  • Basement:Exterior Entry: Yes
  • Basement:Interior Entry: Yes
  • Basement:Partially Finished: Yes
  • Other Rooms:Utility Room: Yes
  • InteriorFeatures:Storm Door(s): Yes

Exterior Features

  • Property Condition: Average
  • Roof: Shingle
  • Fencing: Front Yard
  • Acres: 0.18
  • Topography: Sloped
  • Home Warranty: No
  • Construction Type: Stucco, Vinyl Siding
  • Foundation Details: Block
  • Patio And Porch Features: Front Patio, Front Porch, Porch
  • Exterior Finish Vinyl Siding: Yes
  • PorchPatioDeck Front Patio: Yes
  • PorchPatioDeck Front Porch: Yes
  • PorchPatioDeck Porch: Yes
  • Exterior Finish Stucco2: Yes

Garage/Parking

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

Utilities

  • Heating: Electric
  • Sewer: Public Sewer
  • Utilities: Cable Connected
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association: Yes

Association/Amenities

  • AmenitiesLandscaping: Yes

Schools

  • Elementary School: Stnwall Jackson
  • High School: Virginia
  • Middle Or Junior School: Virginia

Lot Info

  • Zoning: R-2
  • Lot Dimensions: 50 x 161
  • Lot Size Sq Ft: 7840.8
  • ResoLotSizeUnits: Acres
  • Parcel #: 14 523 15
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Book Number: 551

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2019
Closed on
Nov 18, 2019
Sold by
Brooks Joseph F and Brooks Janice Ann
Bought by
Korbe Christopher and Korbe Kellie
Seller's Agent
Debra Kennedy
Prestige Homes of the Tri Cities, Inc.
Buyer's Agent
Laura McMillan
Fairway Realty
List Price
$55,000
Sold Price
$51,500
Premium/Discount to List
-$3,500
-6.36%
Current Estimated Value
$161,886

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,386
Avg. Annual Appreciation
21.71%
Original Mortgage
$40,000
Outstanding Balance
$35,119
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$126,767

Purchase Details

Closed on
May 20, 2010
Sold by
Smith John A
Bought by
Brooks Joseph F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,000
Interest Rate
5.11%
Mortgage Type
Land Contract Argmt. Of Sale

Purchase Details

Closed on
May 18, 2010
Sold by
Smith John A
Bought by
Brooks Joseph F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,000
Interest Rate
5.11%
Mortgage Type
Land Contract Argmt. Of Sale
Source: Public Records

Range of Values:

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Average Value
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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
Korbe Christopher $51,500 Attorney
Brooks Joseph F $40,000 --
Brooks Joseph F $40,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Korbe Christopher $40,000
Previous Owner Brooks Joseph F $42,000
Previous Owner Brooks Joseph F $42,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2019 11/22/19 Sold $51,500 -6.4% $54 / Sq Ft
10/18/2019 10/18/19 Pending -- -- --
10/15/2019 10/15/19 For Sale $55,000 -- $58 / 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
2025 $1,041 $111,900 $16,000 $95,900
2024 $584 $52,100 $12,500 $39,600
2023 $610 $52,100 $12,500 $39,600
2022 $584 $52,100 $12,500 $39,600
2021 $584 $52,100 $12,500 $39,600
2020 $556 $47,500 $12,500 $35,000
2019 $556 $47,500 $12,500 $35,000
2018 $278 $47,500 $12,500 $35,000
2016 -- $45,300 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 428626

Tennessee/Virginia Regional MLS

APN: 14-523-15-16