NOT LISTED FOR SALE

318 Wolfe Ave Marion, VA 24354

Estimated Value: $103,000 - $132,160

3 Beds
1 Bath
741 Sq Ft
$166/Sq Ft Est. Value

Last Sold November 26, 2024

Last sale price $112,000 $151 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $688/month

17 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • No HOA
  • Marion Elementary School Rated 10
  • Main Floor Primary Bedroom
  • Porch

About This Home

As of November 2024

Attention investors or 1st time home buyers. Nice 3 BR 1 BA home, great location and ready for new owner. Within walking distance of parks and downtown. Cash and Conventional only.

Last Agent to Sell the Property

Joseph E Hand Jr

RE/MAX Land Mark Real Estate License #225053224 Listed on: 09/09/2024

RE/MAX Land Mark Real Estate

Last Buyer's Agent

Non-MLS Non-MLS

Non-MLS Office

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • 0.27 Acre Lot

Parking

  • Driveway

Home Design

  • Bungalow
  • Fire Rated Drywall
  • Shingle Roof
  • Vinyl Trim

Interior Spaces

  • 741 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Attic Access Panel
  • Laundry on main level

Kitchen

  • Oven
  • Electric Range

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Porch

Schools

  • Marion Primary Elementary School
  • Marion Middle School
  • Marion Senior High School

Utilities

  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 12653

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Estimated Total Finished Sq Ft: 741
  • Class: Residential
  • County Or City: Smyth
  • Is The Power On: Yes
  • Is The Water On: Yes
  • Legal Description: 1706725A
  • Lvt Date: 09/09/2024
  • Master On Main: Yes
  • Parcel Nbr: 12653
  • Property Sub Type: Detached
  • Report Header1: 318 Wolfe, Marion, VA 24354
  • Main Level Bathrooms: 1
  • Room Level Bedrooms Main: 2
  • Room Level Bedrooms Uppe: 1
  • Style Structure Home: Bungalow/Cottage
  • Year Built: 1950
  • Directions: From I81 South, take exit 45, merge onto Commerce Street. Turn right onto E Main Street, then left onto N Main Street. Turn left onto Chatham Hill Road. Turn left on Wolfe Avenue, destination will be on the left.
  • S O1 Office State: No
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Flooring: Hardwood, Vct
  • Appliances: Oven, Range/Electric, Refrigerator
  • Attic: Access Only
  • Basement: Full
  • Bedrooms: 3
  • Full Bathrooms: 1
  • Interior Amenities: Laundry On Main, Walls-Drywall

Exterior Features

  • Exterior Features: Blacktop Driveway, Deck, Porch
  • Exterior Finish: Vinyl
  • Roofing: Shingle

Utilities

  • Air Conditioner: Heat Pump
  • Heating: Heat Pump
  • Sewer: Public System
  • Water: Public Water

Condo/Co-op/Association

  • HOA: None

Schools

  • Elementary School: Marion Primary
  • High School: Marion Senior
  • Junior High Dist: Smyth

Lot Info

  • Estimated Lot Size: 0.27
  • Land Description: Road Frontage
  • Lot Size: 11761.2
  • Geo Subdivision: VA

MLS Schools

  • Middle School: Marion

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2024
Closed on
Nov 25, 2024
Sold by
Wheeler William and Wheeler Jessica
Bought by
King Rachel L
Seller's Agent
Joseph E Hand Jr
RE/MAX Land Mark Real Estate
Buyer's Agent
Non-MLS Non-MLS
Non-MLS Office
List Price
$109,900
Sold Price
$112,000
Premium/Discount to List
$2,100
1.91%
Views
31
Current Estimated Value
$122,790

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,790
Avg. Annual Appreciation
8.18%
Original Mortgage
$114,343
Outstanding Balance
$113,359
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$9,431

Purchase Details

Closed on
Apr 24, 2023
Sold by
Lincoln Colin A
Bought by
Wheeler William and Wheeler Jessica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,020
Interest Rate
6.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 4, 2010
Sold by
Wells Fargo Bank Na
Bought by
Lincoln Colin A

Purchase Details

Closed on
Feb 12, 2010
Sold by
Falkie Robert Joseph
Bought by
Wachovia Bank Na
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
King Rachel L $112,000 Blue Ridge Title
King Rachel L $112,000 Blue Ridge Title
Wheeler William $101,000 North American Title
Wheeler William $101,000 North American Title
Lincoln Colin A $31,900 --
Wachovia Bank Na $27,752 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open King Rachel L $114,343
Closed King Rachel L $114,343
Previous Owner Wheeler William $102,020
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/26/2024 11/26/24 Sold $112,000 +1.9% $151 / Sq Ft
09/26/2024 09/26/24 Pending -- -- --
09/09/2024 09/09/24 For Sale $109,900 -- $148 / Sq Ft
Source: New River Valley Association of REALTORS®

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 $589 $99,800 $18,000 $81,800
2024 $589 $99,800 $18,000 $81,800
2023 $355 $48,000 $15,000 $33,000
2022 $355 $48,000 $15,000 $33,000
2021 $355 $48,000 $15,000 $33,000
2020 $355 $48,000 $15,000 $33,000
2019 $331 $44,700 $15,000 $29,700
2018 $331 $44,700 $15,000 $29,700
2017 $331 $44,700 $15,000 $29,700
2016 $331 $44,700 $15,000 $29,700
2015 $331 $0 $0 $0
2014 $335 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New River Valley Association of REALTORS®

MLS Number: 422113

New River Valley Association of REALTORS®

APN: 170-67-25A