NOT LISTED FOR SALE

40273 Butterfly Rd Damascus, VA 24236

Estimated Value: $56,000

3 Beds
1 Bath
1,500 Sq Ft
$37/Sq Ft Est. Value

Last Sold March 15, 2023

Last sale price $33,000 $22 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $311/month

28 Days on Market

Highlights

  • Mountainous Lot
  • 1-Story Property
  • No Heating
  • Partially Wooded Lot
  • Lot Has A Rolling Slope

About This Home

As of March 2023

Contractor/Investor opportunity! Mountain retreat, ready for you to finish and make your own! Home has been gutted, flooring has been leveled and new roof is on. Windows are ready to be installed, roll up our sleeves and finish it out, the way you want! A small stream runs through the property, and you are close to Bear Tree Lake, the Appalachian Trail, the Virginia Creeper Trail, and Laurel Creek trophy trout stream. A nature lovers paradise, don't miss your chance to own affordable mountain home, or a great VRBO rental!

Last Agent to Sell the Property

Cindy Duffy

REMAX Cavaliers License #0225248156 Listed on: 01/03/2023

Last Buyer's Agent

Cindy Duffy

REMAX Cavaliers License #0225248156 Listed on: 01/03/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $142

Year Built

  • Built in 1950

Lot Details

  • 2.31 Acre Lot
  • Lot Has A Rolling Slope
  • Mountainous Lot
  • Partially Wooded Lot
  • Property is in below average condition

Home Design

  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 1,500 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Schools

  • Rhea Valley Elementary School
  • Damascus Middle School
  • Holston High School

Utilities

  • No Cooling
  • No Heating
  • Well

Listing and Financial Details

  • Assessor Parcel Number 155 5 3 018891

Home Details

Home Type

Single Family

Est. Annual Taxes

$142

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Directions: take Rt 58 from Damascus toward Mt Rogers, 5 miles past Bear Tree camp Lake, turn left onto Butterfly Rd, sign in yard
  • Prop. Type: Residential
  • Year Built: 1950
  • Property Sub Type: Single Family Residence
  • Subdivision Name: Not In Subdivision
  • 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: 2.31
  • General Property Description Zoning2: A
  • General Property Description Elementary School3: Rhea Valley
  • General Property Description Middle School2: Damascus
  • General Property Description High School3: Holston
  • General Property Description Lot Dimensions: 2.31 acres
  • General Property Description Home Warranty: No
  • General Property Description Total SqFt Finished: 1500.0
  • General Property Description Above Grade SqFt: 1500.0
  • General Property Description Parcel ID2: 155 5 3 018891
  • Roof Shingle: Yes
  • TopographyLot Description Rolling Slope: Yes
  • Property Condition Poor: Yes
  • TopographyLot Description Part Wooded: Yes
  • TopographyLot Description Mountainous: Yes
  • Levels One: 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: Poor
  • Roof: Shingle
  • Acres: 2.31
  • Topography: Mountainous, Part Wooded, Rolling Slope
  • Home Warranty: No
  • Construction Type: Aluminum Siding, Other
  • Exterior Finish Aluminum Siding: Yes

Utilities

  • Heating: None
  • Cooling: None
  • Cooling Y N: No
  • HeatingYN: No
  • Water Source: Well
  • Heating:None7: Yes
  • Water Well: Yes

Schools

  • Elementary School: Rhea Valley
  • High School: Holston
  • Middle Or Junior School: Damascus

Lot Info

  • Zoning: A
  • Lot Dimensions: 2.31 acres
  • Lot Size Sq Ft: 100623.6
  • ResoLotSizeUnits: Acres
  • Parcel #: 155 5 3 018891
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2023
Closed on
Mar 10, 2023
Sold by
Stike Vickie Blevins
Bought by
Henderson Sandra
Seller's Agent
Cindy Duffy
REMAX Cavaliers
Buyer's Agent
Cindy Duffy
REMAX Cavaliers
List Price
$33,000
Sold Price
$33,000
Current Estimated Value
$56,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,000
Avg. Annual Appreciation
23.56%

Purchase Details

Listed on
Feb 27, 2021
Closed on
Jun 15, 2021
Sold by
Stancil Stephen G
Bought by
Kurtz Denny and Kurtz Angela
Seller's Agent
Scott Paterson
Alpha Realty & Auction
Buyer's Agent
Jack Sells
U.S. Realty Investment Corporation
List Price
$24,900
Sold Price
$22,500
Premium/Discount to List
-$2,400
-9.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.31%

Purchase Details

Closed on
Jul 16, 2013
Sold by
Branch Banking And Trust Co
Bought by
Stancil Stephen G

Purchase Details

Closed on
Oct 24, 2012
Sold by
Glasser & Glasser Plc Sub Tr and Blevins Bettie
Bought by
Branch Banking And Trust Co
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
Henderson Sandra -- --
Henderson Sandra $33,000 --
Kurtz Denny $22,500 None Listed On Document
Stancil Stephen G $5,000 --
Branch Banking And Trust Co $10,721 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2023 03/15/23 Sold $33,000 0.0% $22 / Sq Ft
01/05/2023 01/05/23 Pending -- -- --
12/07/2022 12/07/22 For Sale $33,000 +46.7% $22 / Sq Ft
06/10/2021 06/10/21 Sold $22,500 -9.6% $12 / Sq Ft
06/09/2021 06/09/21 Pending -- -- --
02/27/2021 02/27/21 For Sale $24,900 -- $14 / 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 $142 $30,400 $30,400 $0
2024 $142 $23,600 $23,600 $0
2023 $142 $23,600 $23,600 $0
2022 $140 $23,300 $23,300 $0
2021 $140 $23,300 $23,300 $0
2019 $389 $61,800 $27,900 $33,900
2018 $389 $61,800 $27,900 $33,900
2017 $389 $61,800 $27,900 $33,900
2016 $390 $61,900 $27,900 $34,000
2015 $390 $61,900 $27,900 $34,000
2014 $390 $61,900 $27,900 $34,000
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2023

    Cindy Duffy

    RE/MAX

  • S

    Seller's Agent in 2021

    Scott Paterson

    Alpha Realty & Auction

    Section Image

  • J

    Buyer's Agent in 2021

    Jack Sells

    U.S. Realty Investment Corporation

  • P

    Buyer's Agent in 2021

    Peggy Bronsburg

    Berkshire Hathaway HomeServices Realty Center

See All Agents

Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 9946343

Tennessee/Virginia Regional MLS

APN: 155-5-3

Virginia Washington County Damascus 24236

40273 Butterfly Rd, Damascus, VA

This home is located at 40273 Butterfly Rd, Damascus, VA 24236 since 03 January 2023 and is currently estimated at $56,000, approximately $37 per square foot. This property was built in 1950. 40273 Butterfly Rd is a home located in Washington County with nearby schools including Rhea Valley Elementary School, Damascus Middle School, and Holston High School.

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