NOT LISTED FOR SALE

506 3rd St South Boston, VA 24592

Estimated Value: $56,000 - $139,000

2 Beds
1 Bath
980 Sq Ft
$108/Sq Ft Est. Value

Last Sold June 29, 2022

Last sale price $68,500 $70 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $588/month

3 Days on Market

Highlights

  • Wood Flooring
  • Neighborhood Views
  • Walk-In Closet
  • No HOA
  • Covered Patio or Porch
  • Storage

About This Home

As of June 2022

Good starter home or income property (lengthy rental history. Central heat and air (heat pump), replacement windows, upgraded bathroom ( fiberglass tub/shower and hardtop vanity) Spacious eat-in kitchen (appliances convey). Upgraded electric (200 amp breaker box) and plumbing. Primary bedroom has huge walk-in closet. Enclosed back porch has washer-dryer hookups. House comes with adjoining vacant lot that can be made into off-street driveway parking space, garden, play area, workshop, storage building....you name it! Convenient to downtown shops, restaurants, newly opened Microsoft Innovation Center, public library, performing arts (ThePrizery), motorsports (South Boston Speedway and VIRaceway), watersports (Buggs Island Lake, Bannister Lake and year-round public events.

Last Agent to Sell the Property

Doug Loftis

Realty Resource LLC License #0225074772 Listed on: 06/02/2022

Last Buyer's Agent

Doug Loftis

Realty Resource LLC License #0225074772 Listed on: 06/02/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $306

Year Built

  • Built in 1949

Lot Details

  • 0.25 Acre Lot
  • Garden
  • Property is zoned T-1

Parking

  • No Garage

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 980 Sq Ft Home
  • Storage
  • Neighborhood Views
  • Crawl Space
  • Fire and Smoke Detector
  • Electric Range

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Electric Dryer Hookup

Outdoor Features

  • Covered Patio or Porch

Schools

  • South Boston Elementary School
  • Halifax County Middle School
  • Halifax County High School

Utilities

  • Heat Pump System
  • Electric Water Heater
  • High Speed Internet

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2445 , 2446

Home Details

Home Type

Single Family

Est. Annual Taxes

$306

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.25
  • Lot Size: 50 x 110 &.50 x 110
  • Directions: In ToUwn of South Bost beginning at traffic light intersection of Broad and North Main. Proceed north on Broad and turn left onto Third ST. House is on right and signed
  • Above Grade Finished Sq Ft: 980
  • Architectural Style: Other-See Remarks
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Site Built
  • Year Built: 1949
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, Refrigerator, Electric Range
  • Has Basement: None, Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Hardwood, Vinyl
  • Interior Amenities: Walk-In Closet(s), 1st Floor Bedroom, Storage, High Speed Internet
  • Living Area: 980

Exterior Features

  • Lot Features: Under 1 Acre
  • View: Neighborhood
  • View: Yes
  • Waterfront Features: N/A - Not Waterfront
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Exterior Features: Garden
  • Patio And Porch Features: Porch, Covered, Front
  • Roof: Composition

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage, No Carport

Utilities

  • Laundry Features: Electric Dryer Hookup, 1st Floor Laundry
  • Security: Smoke Detector(s), Surveillance Cameras: Unknown
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: South Boston Elementary
  • High School: Halifax County High
  • Middle Or Junior School: Halifax County Middle

Lot Info

  • Lot Size Sq Ft: 10890
  • Parcel #: 2445 , 2446
  • Zoning: T-1
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Above Grade Finished Area Units: Square Feet

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Slayton Sally L $55,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2022 09/27/22 Off Market $68,500 -- --
06/29/2022 06/29/22 Sold $68,500 -12.7% $70 / Sq Ft
06/06/2022 06/06/22 Pending -- -- --
06/02/2022 06/02/22 For Sale $78,500 -- $80 / Sq Ft
Source: Southern Piedmont Land & Lake 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
2025 $306 $61,177 $10,000 $51,177
2024 $306 $61,177 $10,000 $51,177
2023 $210 $42,045 $10,000 $32,045
2022 $210 $42,045 $10,000 $32,045
2021 $210 $42,045 $10,000 $32,045
2020 $210 $42,045 $10,000 $32,045
2019 $214 $42,872 $10,000 $32,872
2018 $206 $42,872 $10,000 $32,872
2016 $209 $43,543 $10,000 $33,543
2015 $209 $43,543 $10,000 $33,543
2014 $200 $43,543 $10,000 $33,543
2013 $202 $44,859 $10,000 $34,859
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Piedmont Land & Lake Association of REALTORS®

MLS Number: 65416

APN: 2446