NOT LISTED FOR SALE

509 State St Unit 2 Bristol, VA 24201

Estimated Value: $217,000 - $438,000

2 Beds
2 Baths
2,083 Sq Ft
131 Sq Ft Lot

Last Sold December 02, 2020

Last sale price $279,900 $134 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $1,695/month

Highlights

  • Contemporary Architecture
  • Great Room
  • No HOA
  • Wood Flooring
  • Granite Countertops
  • 3-minute walk to Cumberland Square Park

About This Home

As of December 2020

Under Contract Before Print. Fantastic loft overlooking downtown State Street. Maple Floors throughout the living space on the main level, ceramic tile in both baths and carpeting in the bedrooms. The gourmet kitchen has everything the chef could ask for including Jen-Aire stainless steel appliances, convection oven and gas cook top. Interior was completed in 2008 with drywall and exposed brick walls. The HOA pays for the exterior maintenance and common areas...all you need is insurance from the exterior walls of your unit and contents. You'll also enjoy the covered entertaining area at the back of the building. A new exterior security gate will be installed at the back entrance within a couple of months. HOA fees are $1300 per year.

Last Agent to Sell the Property

Cathy Armstrong

Heritage Homes at Sixth St., Inc. License #TN 252528 VA 0225057305 Listed on: 10/31/2020

Last Buyer's Agent

Cathy Armstrong

Heritage Homes at Sixth St., Inc. License #TN 252528 VA 0225057305 Listed on: 10/31/2020

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,773

Year Built

  • Built in 1881 | Remodeled

Lot Details

  • 131

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Tar and Gravel Roof

Interior Spaces

  • 2,083 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Entrance Foyer
  • Great Room
  • Dining Room
  • Washer and Electric Dryer Hookup

Kitchen

  • Gas Range
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Schools

  • Washington Lee Elementary School
  • Virginia Middle School
  • Virginia High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Cable TV Available

Additional Features

  • Covered Patio or Porch
  • Property is in good condition

Community Details

  • No Home Owners Association
  • Old Heller Brothers Lofts Condos
  • FHA/VA Approved Complex

Listing and Financial Details

  • Assessor Parcel Number 37 5 16a

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,773

Year Built

Built in 1881 | Remodeled

Lot Details

0

Listing Details

  • Directions: 500 Block of State Street. Entrance off of parking lot in back.
  • Prop. Type: Residential
  • Year Built: 1881
  • Property Sub Type: Condominium
  • Bathroom 1 Level: First
  • Bathroom 2 Level: Second
  • Bedroom 2 Level: Second
  • Dining Room Level: First
  • Kitchen Level: First
  • Architectural Style: Contemporary
  • 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: R2
  • General Property Description Elementary School3: Washington Lee Elementary
  • General Property Description Middle School2: Virginia
  • General Property Description High School3: Virginia
  • Property Condition Above Average: Yes
  • Water Public: Yes
  • Sewer Public Sewer: Yes
  • General Property Description Lot Dimensions: Common Area
  • General Property Description Home Warranty: No
  • General Property Description Total SqFt Finished: 2083.0
  • General Property Description Above Grade SqFt: 2083.0
  • Appliances Refrigerators: Yes
  • TopographyLot Description Level2: Yes
  • Flooring Hardwood: Yes
  • General Property Description Parcel ID2: 37 5 16a
  • AC Heat Pump3: Yes
  • Financing FHA: Yes
  • General Property Description Stories2: 2
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Flooring Carpet: Yes
  • Utilities Cable Available: Yes
  • General Property Description CondoCo-OpPUD Name: Old Heller Brothers Lofts
  • Primary Bedroom Level: Second
  • Flooring Ceramic Tile: Yes
  • Roof TarGravel: Yes
  • Rooms Great Room3: Yes
  • Levels:Two: Yes
  • Structure Type:House: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Gas Range, Refrigerator
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Interior Amenities: Entrance Foyer, Granite Counters, Restored
  • Window Features: Double Pane Windows
  • Great Room Level: First
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Total Bedrooms: 5
  • General Property Description Baths - Full: 2
  • Appliances Dishwasher: Yes
  • Interior Features Restored: Yes
  • Interior Features:Granite Counters: Yes
  • Interior Features:Entrance Foyer: Yes
  • Other Rooms:Dining Room: Yes
  • Appliances:Gas Range: Yes

Exterior Features

  • Property Condition: Above Average
  • Roof: Tar/Gravel
  • Topography: Level
  • Home Warranty: No
  • Construction Type: Brick, Other, See Remarks
  • Patio And Porch Features: Back, Covered, Porch
  • Exterior Finish Brick4: Yes
  • Window Features:Double Pane Windows: Yes
  • PorchPatioDeck Back: Yes
  • PorchPatioDeck Covered: Yes
  • PorchPatioDeck Porch: Yes

Garage/Parking

  • Parking Features: None
  • Attached Garage: No

Utilities

  • Heating: Heat Pump
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Washington Lee Elementary
  • High School: Virginia
  • Middle Or Junior School: Virginia

Lot Info

  • Zoning: R2
  • Lot Dimensions: Common Area
  • Parcel #: 37 5 16a

Tax Info

  • Tax Book Number: 547

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2020
Closed on
Dec 2, 2020
Sold by
Vaught Charles Randall
Bought by
Fernandez Eduardo
Seller's Agent
Cathy Armstrong
Heritage Homes at Sixth St., Inc.
Buyer's Agent
Cathy Armstrong
Heritage Homes at Sixth St., Inc.
List Price
$279,900
Sold Price
$279,900
Current Estimated Value
$290,625

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,725
Avg. Annual Appreciation
-1.32%
Original Mortgage
$289,128
Outstanding Balance
$257,869
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$4,749

Purchase Details

Closed on
Dec 4, 2009
Sold by
Old Heller Brothers Lofts Llc
Bought by
Vaught Charles R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,650
Interest Rate
5.01%
Mortgage Type
Land Contract Argmt. Of Sale
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
Fernandez Eduardo $279,900 Attorney
Vaught Charles R $309,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fernandez Eduardo $289,128
Previous Owner Vaught Charles R $262,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/02/2020 12/02/20 Sold $279,900 0.0% $134 / Sq Ft
10/31/2020 10/31/20 Pending -- -- --
10/31/2020 10/31/20 For Sale $279,900 -- $134 / 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 $1,773 $190,600 $15,000 $175,600
2024 $2,061 $184,000 $8,400 $175,600
2023 $2,153 $184,000 $8,400 $175,600
2022 $2,061 $184,000 $8,400 $175,600
2021 $2,061 $184,000 $8,400 $175,600
2020 $2,119 $181,100 $8,400 $172,700
2019 $2,119 $181,100 $8,400 $172,700
2018 $1,059 $181,100 $8,400 $172,700
2016 -- $165,100 $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: 9914988

Tennessee/Virginia Regional MLS

APN: 37-5-16A