NOT LISTED FOR SALE

311 Magnolia Dr Bristol, VA 24201

Estimated Value: $153,020 - $171,000

3 Beds
1 Bath
1,011 Sq Ft
$163/Sq Ft Est. Value

Last Sold May 13, 2024

Last sale price $138,000 $136 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $973/month

20 Days on Market

Highlights

  • No HOA
  • Paneling
  • Ceiling Fan
  • Cottage
  • Cooling Available
  • Lot Has A Rolling Slope

About This Home

As of May 2024

This home offers 3 bedrooms and 1 bath, with 2 bedrooms having original hardwood floors and 1 with fireplace and new carpet. The kitchen has a butcher block style counter top with new hardware on the cabinets. Home has a metal roof with a new front deck & a nice size back yard. Home is close to downtown State Street, grocery stores, ballfield & the Casino.

Last Agent to Sell the Property

MIKE COWAN

PREMIER HOMES & PROPERTIES License #TN 316407,VA 0225187382 Listed on: 03/15/2024

Last Buyer's Agent

Peyton Hubble

REMAX Cavaliers - Abingdon License #0225264604

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $737

Year Built

  • Built in 1954

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Has A Rolling Slope
  • Property is in average condition

Home Design

  • Cottage
  • Metal Roof

Interior Spaces

  • 1,011 Sq Ft Home
  • Paneling
  • Ceiling Fan

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Schools

  • Stonewall Jackson Elementary School
  • Virginia Middle School
  • Virginia High School

Utilities

  • Cooling Available
  • Heat Pump System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 14 523 14

Home Details

Home Type

Single Family

Est. Annual Taxes

$737

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Directions: North on Volunteer to commonwealth. Left on Spurgeon. Stay left on Randolph. Right on Cross St. Second left on Magnolia, home on right.
  • Prop. Type: Residential
  • Year Built: 1954
  • Property Sub Type: Single Family Residence
  • Subdivision Name: Not In Subdivision
  • Architectural Style: Cottage
  • New Construction: No
  • Reso Structure Type: House
  • Contract Info Foreclosure: No
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Acres: 0.24
  • General Property Description Zoning2: Res
  • General Property Description Elementary School3: Stonewall Jackson Elementary
  • General Property Description Middle School2: Virginia
  • General Property Description High School3: Virginia
  • General Property Description HOA YN: No
  • Water Public: Yes
  • General Property Description Lot Dimensions: 52x220 Irr
  • General Property Description Home Warranty: No
  • General Property Description Total SqFt Finished: 1011.0
  • General Property Description Above Grade SqFt: 1011.0
  • General Property Description Parcel ID2: 14 523 14
  • AC Heat Pump3: Yes
  • AC Ceiling Fan(s): Yes
  • TopographyLot Description Rolling Slope: Yes
  • TopographyLot Description Sloped: Yes
  • Roof Metal3: Yes
  • Walls Paneling: Yes
  • Property Condition Average: Yes
  • Structure Type:House: Yes
  • Special Features: None

Interior Features

  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Total Bedrooms: 6
  • General Property Description Baths - Full: 1

Exterior Features

  • Property Condition: Average
  • Roof: Metal
  • Acres: 0.24
  • Topography: Rolling Slope, Sloped
  • Home Warranty: No
  • Construction Type: Other

Utilities

  • Heating: Heat Pump
  • Cooling: Ceiling Fan(s), Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Zoning: Res
  • Lot Dimensions: 52x220 Irr
  • Lot Size Sq Ft: 10454.4
  • ResoLotSizeUnits: Acres
  • Parcel #: 14 523 14
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Book Number: 538

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2024
Closed on
May 13, 2024
Sold by
Lowery Inv Mgmt Company Llc
Bought by
Garrison Mari Ruth
Seller's Agent
MIKE COWAN
PREMIER HOMES & PROPERTIES
Buyer's Agent
Peyton Hubble
REMAX Cavaliers - Abingdon
List Price
$157,700
Sold Price
$138,000
Premium/Discount to List
-$19,700
-12.49%
Views
152
Current Estimated Value
$164,505

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,505
Avg. Annual Appreciation
4.44%
Original Mortgage
$141,300
Outstanding Balance
$139,934
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$5,388

Purchase Details

Closed on
Jan 16, 2009
Sold by
New Peoples Bank Inc
Bought by
Lowery Inv Mgmt Co Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
5.52%
Mortgage Type
Land Contract Argmt. Of Sale

Purchase Details

Closed on
Dec 4, 2008
Sold by
Tignor Kent and Kilgore Sub Tr Joyce S
Bought by
New Peoples Bank Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
5.52%
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
Garrison Mari Ruth $138,000 None Listed On Document
Lowery Inv Mgmt Co Llc $45,000 --
New Peoples Bank Inc $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garrison Mari Ruth $141,300
Previous Owner Lowery Inv Mgmt Co Llc $60,061
Previous Owner New Peoples Bank Inc $45,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2024 05/13/24 Sold $138,000 -12.5% $136 / Sq Ft
04/05/2024 04/05/24 Pending -- -- --
03/15/2024 03/15/24 For Sale $157,700 -- $156 / 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 $737 $65,800 $15,000 $50,800
2023 $770 $65,800 $15,000 $50,800
2022 $737 $65,800 $15,000 $50,800
2021 $737 $65,800 $15,000 $50,800
2020 $583 $49,800 $15,000 $34,800
2019 $583 $49,800 $15,000 $34,800
2018 $291 $49,800 $15,000 $34,800
2016 -- $48,900 $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: 9963145

Tennessee/Virginia Regional MLS

APN: 14-523-14