NOT LISTED FOR SALE

518 E Main St Abingdon, VA 24210

Estimated Value: $212,329

3 Beds
1 Bath
1,127 Sq Ft
$188/Sq Ft Est. Value

Last Sold February 15, 2022

Last sale price $159,800 $142 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $1,212/month

116 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Living Room
  • Watauga Elementary School Rated A-
  • Cooling Available
  • Lot Has A Rolling Slope

About This Home

As of February 2022

Convenience, Convenience, Convenience! Here is an amazing opportunity to stop renting and start owning! This beautiful hybrid property can be used as a business or made into a home all your own. This inviting one-level home includes three bedrooms and one full bath that offers flowing hardwoods throughout and gives an at-home feel. The unfinished basement has an astonishing amount of storage space or could be possibly be finished into more living space. This property is walking distance to shops, restaurants, grocery store, movie theater and more! Don't miss out on this one it wont last long. Give us a call today!

Last Agent to Sell the Property

Matt Smith

Matt Smith Realty License #304086 Listed on: 09/08/2021

Last Buyer's Agent

Non Member

Non Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $598

Year Built

  • Built in 1949

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Has A Rolling Slope
  • Property is in average condition
  • Property is zoned B-3

Home Design

  • Shingle Roof
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,127 Sq Ft Home
  • 1-Story Property
  • Insulated Windows
  • Living Room
  • Wood Flooring
  • Finished Basement
  • Block Basement Construction
  • Washer and Electric Dryer Hookup

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Schools

  • Watauga Elementary School
  • E. B. Stanley Middle School
  • Abingdon High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 014 7 7a

Home Details

Home Type

Single Family

Est. Annual Taxes

$598

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Directions: From I-81 North take Exit 17 turn left onto Cummings Street at second red light (intersection) turn right onto West Main Street. House will be on Right. See sign.
  • Prop. Type: Residential
  • Year Built: 1949
  • Property Sub Type: Single Family Residence
  • Bathroom 1 Level: First
  • Bedroom 2 Level: First
  • Kitchen Level: First
  • Living Room Level: First
  • Subdivision Name: Not In Subdivision
  • Unit Levels: One and One Half
  • New Construction: No
  • Reso Structure Type: House
  • Contract Info Foreclosure: No
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Acres: 0.16
  • General Property Description Zoning2: B-3
  • General Property Description Elementary School3: Watauga
  • General Property Description Middle School2: E. B. Stanley
  • General Property Description High School3: Abingdon
  • Water Public: Yes
  • Sewer Public Sewer: Yes
  • General Property Description Lot Dimensions: Approx. 0.16 acres
  • General Property Description Home Warranty: No
  • General Property Description Total SqFt Finished: 1127.0
  • General Property Description Above Grade SqFt: 1127.0
  • Flooring Hardwood: Yes
  • General Property Description Parcel ID2: 014 7 7a
  • Roof Shingle: Yes
  • AC Heat Pump3: Yes
  • General Property Description Stories2: 1
  • Roof Composition: Yes
  • TopographyLot Description Rolling Slope: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Utilities Cable Available: Yes
  • Property Condition Average: Yes
  • Basement Block4: Yes
  • Rooms Living Room2: Yes
  • Primary Bedroom Level: First
  • Rooms Family Room3: Yes
  • Levels One and One Half: Yes
  • Structure Type:House: Yes
  • Special Features: None

Interior Features

  • Has Basement: Block, Finished
  • Flooring: Hardwood
  • Window Features: Insulated Windows
  • Bedroom 3 Level: Second
  • Family Room Level: Second
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Total Bedrooms: 5
  • General Property Description Baths - Full: 1
  • Basement:Basement Finished2: Yes

Exterior Features

  • Property Condition: Average
  • Roof: Composition, Shingle
  • Acres: 0.16
  • Topography: Rolling Slope
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Exterior Finish Vinyl Siding: Yes
  • Window Features:Insulated Windows: Yes

Garage/Parking

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

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: Watauga
  • High School: Abingdon
  • Middle Or Junior School: E. B. Stanley

Lot Info

  • Zoning: B-3
  • Lot Dimensions: Approx. 0.16 acres
  • Lot Size Sq Ft: 6969.6
  • ResoLotSizeUnits: Acres
  • Parcel #: 014 7 7a
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Book Number: 02002

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2021
Closed on
Feb 5, 2022
Sold by
East Main Street Land Trust
Bought by
Vanhoose Bobby
Seller's Agent
Matt Smith
Matt Smith Realty
Buyer's Agent
Non Member
Non Member
List Price
$179,000
Sold Price
$159,800
Premium/Discount to List
-$19,200
-10.73%
Current Estimated Value
$212,329

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,529
Avg. Annual Appreciation
8.48%
Original Mortgage
$155,006
Outstanding Balance
$144,770
Interest Rate
3.56%
Mortgage Type
New Conventional
Estimated Equity
$67,559
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
Vanhoose Bobby $159,800 New Title Company Name
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vanhoose Bobby $155,006
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/15/2022 02/15/22 Sold $159,800 -10.7% $142 / Sq Ft
12/27/2021 12/27/21 Pending -- -- --
09/01/2021 09/01/21 For Sale $179,000 -- $159 / 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 $598 $147,700 $51,600 $96,100
2024 $598 $99,600 $41,300 $58,300
2023 $598 $99,600 $41,300 $58,300
2022 $598 $99,600 $41,300 $58,300
2021 $598 $99,600 $41,300 $58,300
2019 $616 $97,700 $41,300 $56,400
2018 $616 $97,700 $41,300 $56,400
2017 $616 $97,700 $41,300 $56,400
2016 $592 $94,000 $41,300 $52,700
2015 $592 $94,000 $41,300 $52,700
2014 $592 $94,000 $41,300 $52,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 9927980

Tennessee/Virginia Regional MLS

APN: 014-7-7A