NOT LISTED FOR SALE

331 Masonic St SE Wise, VA 24293

Estimated Value: $236,204 - $362,000

3 Beds
5 Baths
4,344 Sq Ft
$67/Sq Ft Est. Value

Sale Details

Date Sold: March 14, 2022

Last sale price $290,500 $67 Per Sq Ft

Current estimated payment $1,665 / mo

300 Days on Market

Highlights

  • Open Floorplan
  • Wood Flooring
  • 2 Car Attached Garage
  • Mountain View
  • Covered Patio or Porch
  • Double Pane Windows

About This Home

As of March 2022

INVESTMENT OPPORTUNITY! Stately upscale duplex located in the heart of Wise! This two unit duplex features three bedrooms and two baths in each unit, additionally unit A has an extra half bath! This property is well maintained and produces a substantial income relative to asking price! DON'T MISS OUT ON THIS OPPORTUNITY! Property information obtained from public records and should be verified by buyer/buyer's agent. Subject to E&O. Photos taken October 2020.

Last Agent to Sell the Property

Richard Johnson

Ridgeview Real Estate License #0225236678 Listed on: 04/01/2021

Last Buyer's Agent

RICHARD JOHNSON

Koltown Properties License #0225236678

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1988

Lot Details

  • 10,019 Sq Ft Lot
  • Level Lot
  • Property is in good condition

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Duplex
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 4,344 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Double Pane Windows
  • Entrance Foyer
  • Mountain Views
  • Storm Doors

Kitchen

  • Electric Range
  • Microwave
  • Disposal

Flooring

  • Wood
  • Carpet
  • Vinyl

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch

Schools

  • Wise Elementary School
  • L. F. Addington Middle School
  • Central High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 035941

Community Details

Overview

  • 2 Units
  • FHA/VA Approved Complex

Building Details

  • Gross Income $14,400

Property Details

Home Type

Multi-Family

Year Built

Built in 1988

Lot Details

10,019 Sq Ft Lot

Parking

2

Listing Details

  • Directions: From Ridgeview Real Estate Wise (219 E Main St Wise VA) follow E Main St for 150ft and turn right onto Nottingham Ave NE, follow for 500ft and turn left onto Masonic St SE, follow for 250ft and property is on left.
  • Prop. Type: Residential Income
  • Year Built: 1988
  • Garage Garage Spaces: 2
  • Property Sub Type: Duplex
  • Architectural Style: Duplex
  • Unit Levels: Two
  • New Construction: No
  • Location Tax Legal Info Parcel ID: 035941
  • Contract Info Foreclosure: No
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Acres: 0.23
  • General Property Description Zoning2: Residential
  • General Property Description Elementary School3: Wise Elementary
  • General Property Description Middle School2: L. F. Addington
  • General Property Description High School3: Central (Wise, Va)
  • Property Condition Above Average: Yes
  • Water Public: Yes
  • Sewer Public Sewer: Yes
  • General Property Description Lot Dimensions: See Acres
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • TopographyLot Description Level2: Yes
  • Flooring Hardwood: Yes
  • Roof Shingle: Yes
  • AC Heat Pump3: Yes
  • Financing FHA: Yes
  • General Property Description Stories2: 2
  • View Mountain(s): Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Flooring Carpet: Yes
  • Flooring Vinyl: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • General Property Description # Buildings: 1
  • General Property Description Total Units: 2
  • Style Duplex: Yes
  • Utilities Cable Connected2: Yes
  • Levels:Two: Yes
  • Special Features: None

Interior Features

  • Appliances: Disposal, Dryer, Electric Range, Microwave, Refrigerator, Washer
  • Flooring: Vinyl, Carpet, Hardwood
  • Interior Amenities: Entrance Foyer, Open Floorplan, Storm Door(s)
  • Window Features: Double Pane Windows
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Open Floorplan: Yes
  • Appliances:Electric Range: Yes
  • InteriorFeatures:Storm Door(s): Yes

Exterior Features

  • Property Condition: Above Average
  • Roof: Shingle
  • Lot Features: Level
  • View: Mountain(s)
  • Acres: 0.23
  • Construction Type: Brick
  • Patio And Porch Features: Covered, Front Porch, Rear Patio
  • Exterior Finish Brick4: Yes
  • Window Features:Double Pane Windows: Yes
  • PorchPatioDeck Covered: Yes
  • PorchPatioDeck Front Porch: Yes
  • PorchPatioDeck Rear Patio: Yes

Garage/Parking

  • Parking Features: Asphalt, Attached, Garage Door Opener
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features:Asphalt2: Yes
  • Parking Features:Attached: Yes
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Heating: Heat Pump
  • Sewer: Public Sewer
  • Utilities: Cable Connected
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Heat Pump2: Yes

Schools

  • Elementary School: Wise Elementary
  • High School: Central (Wise, Va)
  • Middle Or Junior School: L. F. Addington

Lot Info

  • Zoning: Residential
  • Lot Dimensions: See Acres
  • Lot Size Sq Ft: 10018.8
  • ResoLotSizeUnits: Acres
  • Parcel #: 035941
  • ResoLotSizeUnits: Acres

Multi Family

  • Annual Gross Income: 14400.0
  • Vacancy Allowance Rate: 50.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2021
Closed on
Mar 9, 2022
Sold by
Bought by
Seller's Agent
Richard Johnson
Ridgeview Real Estate
Buyer's Agent
RICHARD JOHNSON
Koltown Properties
List Price
$292,000
Sold Price
$290,500
Premium/Discount to List
-$1,500
-0.51%
Current Estimated Value
$291,401

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$901
Avg. Annual Appreciation
0.07%
Original Mortgage
$290,500
Outstanding Balance
$271,421
Interest Rate
3.92%
Mortgage Type
VA
Estimated Equity
$19,980

Purchase Details

Closed on
Jun 18, 2012
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$290,500 Old Republic National Title
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $290,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/14/2022 03/14/22 Sold $290,500 -0.5% $67 / Sq Ft
01/27/2022 01/27/22 Pending -- -- --
04/01/2021 04/01/21 For Sale $292,000 -- $67 / Sq Ft
Source: Tennessee/Virginia Regional MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,121 $162,400 $10,100 $152,300
2024 $1,121 $162,400 $10,100 $152,300
2023 $1,121 $162,400 $10,100 $152,300
2022 $1,121 $162,400 $10,100 $152,300
2021 $1,029 $149,100 $10,100 $139,000
2020 $1,029 $149,100 $10,100 $139,000
2019 $1,029 $149,100 $10,100 $139,000
2018 $924 $149,100 $10,100 $139,000
2017 $895 $149,100 $10,100 $139,000
2016 $895 $149,100 $10,100 $139,000
2015 -- $149,100 $10,100 $139,000
2010 -- $149,100 $10,100 $139,000
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2022

    Richard Johnson

    Ridgeview Real Estate

    Section Image
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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 9920386

Tennessee/Virginia Regional MLS

APN: R034551

Virginia Wise County Wise 24293

331 Masonic St SE, Wise, VA

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