NOT LISTED FOR SALE

500 Colonial Rd SW Abingdon, VA 24210

Estimated Value: $179,000 - $210,942

2 Beds
1 Bath
1,268 Sq Ft
$152/Sq Ft Est. Value

Last Sold May 10, 2016

Last sale price $134,000 $106 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $1,094/month

144 Days on Market

Highlights

  • Wood Flooring
  • Circular Driveway
  • Front Porch
  • E.B. Stanley Middle School Rated A-
  • Detached Garage
  • Cooling Available

About This Home

As of May 2016

A Classic Brick Bungalow with wide front porch and a rear pie-cooling porch just one block from Historic Downtown Abingdon, the William King Museum, Arts Depot and restaurants. This bungalow is being offered with a second, adjoining lot with a nice, heated and cooled Cottage/Art Studio with 1/2 bath, W&D Hook-ups and a ceramic tile floor on a separate water/sewer meter and separate electrical meter. The main residence recently received a variety of a new updates: new kitchen, 90+ Gas heating system and bathroom remodel, refinished floors, newer paint, gas logs for the fireplace, a large home office plus new paint & door on the original 1 car garage. The decorations and colors used throughout create a warm atmosphere. Large, level yard with bricked patio and fire-pit, raised strawberry beds, shade trees and entrances from 2 city streets. It is the perfect, charming, in-town home for those who enjoy an easy walk to most any part of downtown, with a separate Guest Cottage or Art Studio.

Last Agent to Sell the Property

Non Member

Non Member Listed on: 11/17/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $561

Year Built

  • Built in 1944

Lot Details

  • 0.38 Acre Lot
  • Level Lot
  • Cleared Lot
  • Property is in good condition

Home Design

  • Bungalow
  • Shingle Roof

Interior Spaces

  • 1,268 Sq Ft Home
  • 1-Story Property
  • Gas Log Fireplace
  • Brick Fireplace
  • Unfinished Basement

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • Detached Garage
  • 2 Carport Spaces
  • Circular Driveway
  • Gravel Driveway

Outdoor Features

  • Patio
  • Shed
  • Outbuilding
  • Front Porch

Schools

  • Abingdon Elementary School
  • E. B. Stanley Middle School
  • Abingdon High School

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • Heat Pump System

Community Details

  • FHA/VA Approved Complex

Listing and Financial Details

  • Assessor Parcel Number 018 12 12

Home Details

Home Type

Single Family

Est. Annual Taxes

$561

Year Built

Built in 1944

Lot Details

0

Listing Details

  • Directions: From North Bound I-81, Left off Exit 17 Abingdon onto Cummings St., go to West Main St., turn Left on Main Street continue just past Latture Ball Field, to Left on Preston St. SW, cross the RR tracks, turn Right on Colonial Rd. SW go 1 block to brick bungalow on the left, corner lot.
  • Prop. Type: Residential
  • Year Built: 1944
  • Garage Carport Spaces: 2
  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow
  • 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: 0.38
  • General Property Description Zoning2: Residential
  • General Property Description Elementary School3: Abingdon
  • General Property Description Middle School2: E. B. Stanley
  • General Property Description High School3: Abingdon
  • Property Condition Above Average: Yes
  • Water Public: Yes
  • Sewer Public Sewer: Yes
  • General Property Description Lot Dimensions: 0.38 acres
  • General Property Description Home Warranty: No
  • General Property Description Total SqFt Finished: 1268.0
  • General Property Description Above Grade SqFt: 1268.0
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • TopographyLot Description Level2: Yes
  • Flooring Hardwood: Yes
  • General Property Description Parcel ID2: 018 12 12
  • Roof Shingle: Yes
  • AC Heat Pump3: Yes
  • Financing FHA: Yes
  • Other Structures Outbuilding: Yes
  • Other Structures Shed(s): Yes
  • TopographyLot Description Cleared: Yes
  • Flooring Ceramic Tile: Yes
  • Other Structures Storage2: Yes
  • Levels One: Yes
  • Structure Type:House: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Electric Range, Microwave, Refrigerator
  • Has Basement: Unfinished
  • Flooring: Ceramic Tile, Hardwood
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Brick, Gas Log
  • Total Bedrooms: 2
  • General Property Description Baths - Full: 1
  • Appliances Dishwasher: Yes
  • Fireplace:Gas Log: Yes
  • Fireplace:Brick3: Yes
  • Appliances:Electric Range: Yes
  • Basement:Unfinished: Yes
  • Other Rooms:Apartment: Yes

Exterior Features

  • Property Condition: Above Average
  • Roof: Shingle
  • Other Structures: Outbuilding, Shed(s), Storage
  • Acres: 0.38
  • Topography: Cleared, Level
  • Home Warranty: No
  • Construction Type: Block
  • Patio And Porch Features: Front Patio, Front Porch, Porch
  • PorchPatioDeck Front Patio: Yes
  • PorchPatioDeck Front Porch: Yes
  • PorchPatioDeck Porch: Yes

Garage/Parking

  • Parking Features: Circular Driveway, Detached, Gravel
  • Attached Garage: No
  • Parking Features:Gravel: Yes
  • Parking Features:Circular Driveway: Yes
  • Parking Features:Detached: Yes

Utilities

  • Heating: Heat Pump, Natural Gas
  • Sewer: Public Sewer
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Heat Pump2: Yes
  • Heating:Natural Gas2: Yes

Schools

  • Elementary School: Abingdon
  • High School: Abingdon
  • Middle Or Junior School: E. B. Stanley

Lot Info

  • Zoning: Residential
  • Lot Dimensions: 0.38 acres
  • Lot Size Sq Ft: 16552.8
  • ResoLotSizeUnits: Acres
  • Parcel #: 018 12 12
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2015
Closed on
May 10, 2016
Sold by
Kiser David W and Kiser Debra M
Bought by
Everette John Ben and Everette Melissa Nicole
Seller's Agent
Non Member
Non Member
List Price
$157,500
Sold Price
$134,000
Premium/Discount to List
-$23,500
-14.92%
Current Estimated Value
$192,236

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,236
Avg. Annual Appreciation
3.97%
Original Mortgage
$134,000
Outstanding Balance
$107,703
Interest Rate
3.71%
Mortgage Type
New Conventional
Estimated Equity
$84,533
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
Everette John Ben $134,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Everette John Ben $134,000
Previous Owner Kiser Debra M $105,311
Previous Owner Combs Dwight D $18,000
Previous Owner Combs Dwight D $55,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2016 05/10/16 Sold $134,000 -14.9% $106 / Sq Ft
04/10/2016 04/10/16 Pending -- -- --
11/17/2015 11/17/15 For Sale $157,500 -- $124 / 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 $561 $144,700 $25,000 $119,700
2024 $561 $93,500 $20,000 $73,500
2023 $561 $93,500 $20,000 $73,500
2022 $561 $93,500 $20,000 $73,500
2021 $561 $93,500 $20,000 $73,500
2019 $487 $77,300 $20,000 $57,300
2018 $487 $77,300 $20,000 $57,300
2017 $487 $77,300 $20,000 $57,300
2016 $433 $68,800 $20,000 $48,800
2015 $433 $68,800 $20,000 $48,800
2014 $433 $68,800 $20,000 $48,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 385869

Tennessee/Virginia Regional MLS

APN: 018-12-12