NOT LISTED FOR SALE

502 Colonial Dr Collinsville, VA 24078

Estimated Value: $216,119

4 Beds
2 Baths
2,493 Sq Ft
$87/Sq Ft Est. Value

Last Sold January 07, 2021

Last sale price $129,900 $52 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $1,212/month

Highlights

  • Main Floor Bedroom
  • 1 Car Attached Garage
  • Walk-In Closet
  • 2 Fireplaces
  • Storm Windows
  • Cooling Available

About This Home

As of January 2021

Really nice home needs a little TLC, 3 bedrooms on main level, master bedroom has a master bath and a walk in closet. Fireplace on main level and one on lower level. Home has a formal dining room and a cozy den off the kitchen area. Huge rec room on the lower level and another bedroom and plumbing for a bath. Sq ft and lot size is estimated.

Last Agent to Sell the Property

Alice Elmore

Rives S. Brown REALTOR Brokerage Phone: 2766323463 License #0225158741 Listed on: 11/05/2020

Last Buyer's Agent

Jane Barrow

The Spencer Group R.E. & Auction License #0225197781

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $716

Year Built

  • Built in 1973

Lot Details

  • 44 Sq Ft Lot
  • Property is in good condition
  • Property is zoned S-R Sub Res

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Lead Paint Disclosure

Interior Spaces

  • 2,493 Sq Ft Home
  • Ceiling Fan
  • 2 Fireplaces
  • Fireplace Features Masonry
  • Living Room
  • Storm Windows
  • Washer and Dryer Hookup

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • Bathroom on Main Level
  • 2 Full Bathrooms

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Parking

  • 1 Car Attached Garage
  • Carport
  • Driveway
  • Open Parking

Schools

  • Meadow View Elementary School
  • Fieldale-Collinsville Middle School
  • Bassett High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Collinsville Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$716

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: (100.07+10)x200x(75.
  • Subdivision Name: Collinsville
  • Directions: Kings Mtn Hwy, past court house, left on Colonial Drive, property on left
  • Carport Y N: Yes
  • Garage Yn: Yes
  • Year Built: 1973
  • Kitchen Level: First
  • RoomBedroomLevel: First
  • RoomBathroomLevel: First
  • Attribution Contact: 2766323463
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, As Is, Electric Range, Dishwasher
  • Other Equipment: No Farm Equipment
  • Has Basement: Block, Walk-Out Access, Full, Partially Finished
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: 2, Masonry
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Vinyl
  • Interior Amenities: 1st Floor Bedroom, Walk-In Closet(s), Ceiling Fan(s)
  • Living Area: 2493
  • Window Features: Storm Window(s)
  • Living Room Living Room Level: First
  • Dining Room Dining Room Level: First

Exterior Features

  • Waterfront Features: No Surface Water
  • Disclosures: Lead Paint
  • Home Warranty: No
  • Construction Type: Brick
  • Property Condition: Good
  • Roof: Composition

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1
  • Open Parking: Yes
  • Parking Features: Carport Single, Attached, Paved Drive
  • Total Parking Spaces: 1

Utilities

  • Laundry Features: Dryer Hookup, Washer Hookup
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Utilities On
  • Water Source: Public

Schools

  • Elementary School: Meadow View
  • High School: Bassett
  • Middle Or Junior School: Fieldale-Collinsville

Lot Info

  • Lot Size Sq Ft: 43.56
  • Zoning: S-R Sub Res
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2020
Closed on
Jan 7, 2021
Sold by
Wingfield William G
Bought by
Callahan Ryan T and Callahan Madison E
Seller's Agent
Alice Elmore
Rives S. Brown REALTOR
Buyer's Agent
Jane Barrow
The Spencer Group R.E. & Auction
Sold Price
$129,900
Current Estimated Value
$216,119

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,219
Avg. Annual Appreciation
11.58%
Original Mortgage
$131,212
Outstanding Balance
$118,421
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$98,739
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
Callahan Ryan T $129,900 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Callahan Ryan T $131,212
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/07/2021 01/07/21 Sold $129,900 -- $52 / Sq Ft
11/05/2020 11/05/20 Pending -- -- --
Source: Martinsville, Henry & Patrick Counties Association of REALTORS®

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
2024 $716 $129,000 $18,000 $111,000
2023 $716 $129,000 $18,000 $111,000
2022 $716 $129,000 $18,000 $111,000
2021 $716 $129,000 $18,000 $111,000
2020 $722 $130,100 $18,000 $112,100
2019 $722 $130,100 $18,000 $112,100
2018 $72,206 $130,100 $18,000 $112,100
2017 $72,206 $130,100 $18,000 $112,100
2016 $64,904 $133,000 $18,000 $115,000
2015 $64,904 $133,000 $18,000 $115,000
2014 -- $133,000 $18,000 $115,000
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2021

    Alice Elmore

    Rives S. Brown REALTOR

    (276) 252-2121

    9 in this area

    71 Total Sales

    Alice Elmore
    Section Image
  • Jane Barrow

    Buyer's Agent in 2021

    Jane Barrow

    The Spencer Group R.E. & Auction

    (276) 638-5226

    1 in this area

    18 Total Sales

    Jane Barrow
    Section Image
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Map

Source: Martinsville, Henry & Patrick Counties Association of REALTORS®

MLS Number: 135219

APN: 244620002

Virginia Henry County Collinsville 24078

502 Colonial Dr, Collinsville, VA

This home is located at 502 Colonial Dr, Collinsville, VA 24078 since 05 November 2020 and is currently priced at $216,119, approximately $86 per square foot. This property was built in 1973. 502 Colonial Dr is a home located in Henry County with nearby schools including Meadow View Elementary School, Fieldale-Collinsville Middle School, and Bassett High School.

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