NOT LISTED FOR SALE

501 Oak St NW Norton, VA 24273

Estimated Value: $58,000 - $202,000

3 Beds
1.5 Baths
3,816 Sq Ft
$40/Sq Ft Est. Value

Last Sold July 28, 2017

Last sale price $70,000 $18 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $929/month

229 Days on Market

Highlights

  • Colonial Architecture
  • Mountain View
  • Wood Flooring
  • Norton Elementary School Rated A-
  • Recreation Room
  • Home Office

About This Home

As of July 2017

3 Bedrooms, 1.5 Bath, 3816 SF home in downtown Norton. Needs some TLC. Must see to appreciate. Motivated Seller.

Last Agent to Sell the Property

LARRY DINGUS

Lonesome Pine Realty License #0225079225 Listed on: 09/20/2016

Last Buyer's Agent

Phyllis Baker

Wallace License #226420

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,182

Year Built

  • Built in 1950

Lot Details

  • Lot Dimensions are 50x100
  • Sloped Lot
  • Property is in below average condition

Home Design

  • Colonial Architecture
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 3,816 Sq Ft Home
  • 2-Story Property
  • Insulated Windows
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room
  • Home Office
  • Recreation Room
  • Mountain Views
  • Storm Doors
  • Washer and Gas Dryer Hookup
  • Finished Basement

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Outdoor Features

  • Patio
  • Gazebo

Schools

  • Norton Elementary School
  • None Middle School
  • Norton High School

Utilities

  • Central Air
  • Heat Pump System

Community Details

  • FHA/VA Approved Complex

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,182

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Directions: From Park Avenue, Norton, turn on 5th Street, go to Oak Street. Property on left, Sign in yard.
  • Prop. Type: Residential
  • Year Built: 1950
  • Property Sub Type: Single Family Residence
  • Architectural Style: Colonial
  • Unit Levels: Two
  • New Construction: No
  • Reso Structure Type: House
  • Contract Info Foreclosure: No
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Zoning2: NO
  • General Property Description Elementary School3: Norton
  • General Property Description Middle School2: None
  • General Property Description High School3: Norton
  • Water Public: Yes
  • Sewer Public Sewer: Yes
  • General Property Description Lot Dimensions: 50x100
  • General Property Description Home Warranty: No
  • General Property Description Total SqFt Finished: 3816.0
  • General Property Description Above Grade SqFt: 3816.0
  • AC Central Air: Yes
  • Flooring Hardwood: Yes
  • General Property Description Parcel ID2: 0
  • General Property Description # Fireplaces: 1
  • Financing FHA: Yes
  • General Property Description Stories2: 2
  • Interior Features KitchenDining Combo: Yes
  • View Mountain(s): Yes
  • TopographyLot Description Sloped: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Flooring Carpet: Yes
  • Flooring Laminate: Yes
  • Roof Metal3: Yes
  • Other Rooms Recreation Room: Yes
  • Property Condition Below Average: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Other Structures Gazebo: Yes
  • Levels:Two: Yes
  • Rooms:Office2: Yes
  • Structure Type:House: Yes
  • Special Features: None

Interior Features

  • Has Basement: Finished
  • Flooring: Carpet, Hardwood, Laminate
  • Interior Amenities: Kitchen/Dining Combo, Storm Door(s), Walk-In Closet(s)
  • Window Features: Insulated Windows
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Total Bedrooms: 7
  • General Property Description Baths - Full: 1
  • General Property Description Baths - 12: 1
  • Interior Features:Walk-In Closet(s): Yes
  • Fireplace:Living Room: Yes
  • InteriorFeatures:Storm Door(s): Yes
  • Basement:Basement Finished2: Yes

Exterior Features

  • Property Condition: Below Average
  • Roof: Metal
  • Other Structures: Gazebo
  • View: Mountain(s)
  • Topography: Sloped
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Patio And Porch Features: Patio
  • Exterior Finish Vinyl Siding: Yes
  • Window Features:Insulated Windows: Yes
  • PorchPatioDeck Patio: Yes

Garage/Parking

  • Parking Features: None
  • Attached Garage: No

Utilities

  • Heating: Heat Pump
  • Sewer: Public Sewer
  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Heat Pump2: Yes

Schools

  • Elementary School: Norton
  • High School: Norton
  • Middle Or Junior School: None

Lot Info

  • Zoning: NO
  • Lot Dimensions: 50x100
  • Parcel #: 0

Range of Values:

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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
Emershaw Robert D $23,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2017 07/28/17 Sold $70,000 -29.9% $18 / Sq Ft
05/08/2017 05/08/17 Pending -- -- --
09/20/2016 09/20/16 For Sale $99,900 -- $26 / 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 $1,182 $131,300 $18,000 $113,300
2024 $1,182 $131,300 $18,000 $113,300
2023 $971 $107,900 $18,000 $89,900
2022 $971 $107,900 $18,000 $89,900
2021 $971 $107,900 $18,000 $89,900
2020 $971 $107,900 $18,000 $89,900
2019 $1,010 $112,200 $18,000 $94,200
2018 $1,010 $113,200 $18,000 $95,200
2017 -- $113,200 $18,000 $95,200
2016 $1,010 $113,200 $18,000 $95,200
2015 -- $113,200 $18,000 $95,200
2014 -- $108,700 $18,000 $90,700
2013 -- $108,700 $18,000 $90,700
2012 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 383016

Tennessee/Virginia Regional MLS

APN: 232N-0077