NOT LISTED FOR SALE

505 Terry Dr Bristol, VA 24201

Estimated Value: $155,000 - $184,000

2 Beds
1 Bath
1,377 Sq Ft
$126/Sq Ft Est. Value

Last Sold December 09, 2022

Last sale price $115,000 $84 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $1,024/month

40 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Cooling Available
  • Ranch Style House
  • Covered patio or porch
  • Level Lot

About This Home

As of December 2022

Cute bungalow with 2 bedrooms and 1 bath. Nice level yard and driveway parking. All offers submitted through WWW.HUDHOMESTORE. GOV. HUD ID # 544-181428. Please see property condition report and disclosure for more details. Seller suggests home inspection for buyer information only. Buyer and buyers to verify all information. Buyer broker must have a valid NAID number to place bid. EMD is required. Buyer must show proof of funds if cash or pre approval letter for financing. FHA IE ( Insured Escrow) 203K Eligible. Subject to a FHA appraisal. Sold As is. Equal Housing Opportunity

Last Agent to Sell the Property

Debra Ball

Prestige Homes of the Tri Cities, Inc. Listed on: 08/10/2022

Last Buyer's Agent

ADA BUXTON

AMERICAN REALTY License #TN-355236 | VA-0225249647

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $780

Year Built

  • Built in 1959

Lot Details

  • Lot Dimensions are 54 x 55 x 150 x 151
  • Level Lot
  • Property is in average condition
  • Property is zoned R2

Home Design

  • Ranch Style House
  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • Insulated Windows
  • Basement Fills Entire Space Under The House
  • Washer and Electric Dryer Hookup

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Covered patio or porch

Schools

  • Stnwall Jackson Elementary School
  • Virginia Middle School
  • Virginia High School

Utilities

  • Cooling Available
  • Heat Pump System

Community Details

  • FHA/VA Approved Complex

Listing and Financial Details

  • Foreclosure
  • Assessor Parcel Number 14 9 A 22

Home Details

Home Type

Single Family

Est. Annual Taxes

$780

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Directions: From exit 3, turn right onto randolph, left onto spurgeon lane, left onto Terry.
  • Prop. Type: Residential
  • Year Built: 1959
  • Property Sub Type: Single Family Residence
  • ResoSpecialListingConditions: In Foreclosure
  • Subdivision Name: Not In Subdivision
  • Architectural Style: Ranch
  • Unit Levels: One
  • New Construction: No
  • Reso Structure Type: House
  • Contract Info Foreclosure: Yes
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Zoning2: R2
  • General Property Description Elementary School3: Stnwall Jackson
  • General Property Description Middle School2: Virginia
  • General Property Description High School3: Virginia
  • Water Public: Yes
  • Sewer Public Sewer: Yes
  • General Property Description Lot Dimensions: 54 x 55 x 150 x 151
  • General Property Description Home Warranty: No
  • General Property Description Total SqFt Finished: 1377.0
  • General Property Description Above Grade SqFt: 918.0
  • TopographyLot Description Level2: Yes
  • Flooring Hardwood: Yes
  • General Property Description Parcel ID2: 14 9 A 22
  • Style Ranch: Yes
  • Roof Shingle: Yes
  • AC Heat Pump3: Yes
  • Financing FHA: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Flooring Vinyl: Yes
  • Property Condition Average: Yes
  • Levels One: Yes
  • Structure Type:House: Yes
  • Special Features: 1028

Interior Features

  • Has Basement: Full
  • Flooring: Hardwood, Vinyl
  • Window Features: Insulated Windows
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 459.0
  • Total Bedrooms: 5
  • General Property Description Baths - Full: 1
  • Full Basement: Yes

Exterior Features

  • Property Condition: Average
  • Roof: Shingle
  • Topography: Level
  • Home Warranty: No
  • Construction Type: Aluminum Siding
  • Patio And Porch Features: Covered, Deck, Front Porch
  • Window Features:Insulated Windows: Yes
  • PorchPatioDeck Covered: Yes
  • PorchPatioDeck Deck: Yes
  • PorchPatioDeck Front Porch: Yes
  • Exterior Finish Aluminum Siding: Yes

Garage/Parking

  • Parking Features: Asphalt
  • Attached Garage: No
  • Parking Features:Asphalt2: Yes

Utilities

  • Heating: Heat Pump
  • Sewer: Public Sewer
  • 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: Stnwall Jackson
  • High School: Virginia
  • Middle Or Junior School: Virginia

Lot Info

  • Zoning: R2
  • Lot Dimensions: 54 x 55 x 150 x 151
  • Parcel #: 14 9 A 22

Tax Info

  • Tax Book Number: 694

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2022
Closed on
Dec 9, 2022
Sold by
Secretary Of Housing And Urban Developme
Bought by
Patrick Allison A and Jones Hubert D
Seller's Agent
Debra Ball
Prestige Homes of the Tri Cities, Inc.
Buyer's Agent
ADA BUXTON
AMERICAN REALTY
List Price
$123,800
Sold Price
$115,000
Premium/Discount to List
-$8,800
-7.11%
Current Estimated Value
$173,151

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,151
Avg. Annual Appreciation
14.24%
Original Mortgage
$112,917
Outstanding Balance
$110,152
Interest Rate
7.08%
Mortgage Type
FHA
Estimated Equity
$52,837

Purchase Details

Closed on
Mar 31, 2022
Sold by
Rocket Mortgage Llc
Bought by
Secretary Of Housing And Urban Development

Purchase Details

Closed on
Mar 17, 2022
Sold by
Samuel I White Pc
Bought by
Rocket Mortgage Llc

Purchase Details

Closed on
Aug 29, 2017
Sold by
Ramey Geraldine and Maragh Mae Oma
Bought by
Hammons Arlis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,507
Interest Rate
3.99%
Mortgage Type
FHA
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
Patrick Allison A $115,000 --
Secretary Of Housing And Urban Development $73,726 Samuel I White Pc
Rocket Mortgage Llc $73,726 Samuel I White Pc
Hammons Arlis -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patrick Allison A $112,917
Previous Owner Hammons Arlis $61,507
Previous Owner Hammons Arlis $62,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/09/2022 12/09/22 Sold $115,000 -7.1% $84 / Sq Ft
09/20/2022 09/20/22 Pending -- -- --
08/10/2022 08/10/22 For Sale $123,800 -- $90 / 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
2024 $780 $69,600 $15,000 $54,600
2023 $814 $69,600 $15,000 $54,600
2022 $780 $69,600 $15,000 $54,600
2021 $780 $69,600 $15,000 $54,600
2020 $665 $56,800 $15,000 $41,800
2019 $665 $56,800 $15,000 $41,800
2018 $332 $56,800 $15,000 $41,800
2016 -- $57,800 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 9941947

Tennessee/Virginia Regional MLS

APN: 14-9-A-22