NOT LISTED FOR SALE

521 Summit St Bristol, VA 24201

Estimated Value: $63,000 - $75,000

2 Beds
1.5 Baths
795 Sq Ft
$86/Sq Ft Est. Value

Last Sold October 29, 2021

Last sale price $47,000 $59 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $414/month

109 Days on Market

Highlights

  • Deck
  • Front Porch
  • Double Pane Windows
  • No HOA
  • Storm Windows
  • Window Unit Cooling System

About This Home

As of October 2021

This 2 bed 1 bath home would make a great starter home or a good rental for an investor. Located in the city in a central location, close to state street & shopping.

Last Agent to Sell the Property

MIKE COWAN

PREMIER HOMES & PROPERTIES License #TN 316407,VA 0225187382 Listed on: 08/16/2021

Last Buyer's Agent

MIKE COWAN

PREMIER HOMES & PROPERTIES License #TN 316407,VA 0225187382 Listed on: 08/16/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $344

Year Built

  • Built in 1926

Lot Details

  • Level Lot
  • Property is in average condition

Home Design

  • Fixer Upper
  • Block Foundation
  • Shingle Roof
  • Asphalt Roof
  • Aluminum Siding

Interior Spaces

  • 795 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Living Room with Fireplace
  • Storm Windows
  • Electric Range

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Basement

  • Dirt Floor
  • Block Basement Construction
  • Crawl Space

Parking

  • Gravel Driveway
  • Dirt Driveway

Outdoor Features

  • Deck
  • Patio
  • Outbuilding
  • Front Porch

Schools

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

Utilities

  • Window Unit Cooling System
  • Heat Pump System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Not Listed Subdivision

Listing and Financial Details

  • Assessor Parcel Number 39 3 5 2

Home Details

Home Type

Single Family

Est. Annual Taxes

$344

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Directions: North on Parkway to right on State Street. Left on Goodson. Right on Mary St. Left on Summit.
  • Prop. Type: Residential
  • Year Built: 1926
  • Property Sub Type: Single Family Residence
  • Subdivision Name: Not Listed
  • Unit Levels: One
  • New Construction: No
  • Appliances Refrigerators: Yes
  • Excluded From Sale A C Window Units: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • RoofAsphalt: Yes
  • Structure Type:House: Yes
  • Special Features: None

Interior Features

  • Appliances: Dryer, Electric Range, Refrigerator, Washer
  • Has Basement: Block, Concrete, Crawl Space, Dirt Floor
  • Flooring: Laminate, Vinyl
  • Window Features: Double Pane Windows, Single Pane Windows, Storm Window(s)
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Total Bedrooms: 5
  • Fireplace:Living Room: Yes
  • Appliances:Electric Range: Yes
  • Basement:Crawl Space: Yes
  • Basement:Concrete3: Yes
  • Basement:Dirt Floor: Yes

Exterior Features

  • Property Condition: Average, Fixer
  • Roof: Asphalt, Shingle
  • Other Structures: Outbuilding
  • Topography: Level, Sloped
  • Home Warranty: No
  • Construction Type: Aluminum Siding, Other
  • Foundation Details: Block
  • Patio And Porch Features: Back, Deck, Front Porch
  • Window Features:Double Pane Windows: Yes
  • Window Features:Single Pane Windows: Yes
  • Window Features:Storm Window(s): Yes

Garage/Parking

  • Parking Features: Dirt, Gravel, Parking Spaces
  • Attached Garage: No
  • Parking Features:Gravel: Yes
  • Parking Features:Parking Spaces: Yes
  • Parking Features:Dirt: Yes

Utilities

  • Heating: Electric, Heat Pump
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Cooling: Heat Pump, Window Unit(s)
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Heat Pump2: Yes
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Stnwall Jackson
  • High School: Virginia
  • Middle Or Junior School: Virginia

Lot Info

  • Zoning: Res
  • Lot Dimensions: 46x120 IRR
  • Parcel #: 39 3 5 2

Tax Info

  • Tax Book Number: 548

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2021
Closed on
Oct 29, 2021
Sold by
Chitwood Joe H and Chitwood Regina S
Bought by
Trent Tony
Seller's Agent
MIKE COWAN
PREMIER HOMES & PROPERTIES
Buyer's Agent
MIKE COWAN
PREMIER HOMES & PROPERTIES
List Price
$55,000
Sold Price
$47,000
Premium/Discount to List
-$8,000
-14.55%
Total Days on Market
109
Current Estimated Value
$68,608

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,608
Avg. Annual Appreciation
12.86%
Original Mortgage
$39,950
Outstanding Balance
$37,366
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$35,362

Purchase Details

Closed on
Jan 22, 2010
Sold by
Carter Kimberly L
Bought by
Chitwood Joe H and Chitwood Regina S
Source: Public Records

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Range of Values:

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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
Trent Tony $47,000 Attorney
Chitwood Joe H $25,000 --
Chitwood Joe H $25,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Trent Tony $39,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2021 10/29/21 Sold $47,000 -14.5% $59 / Sq Ft
09/19/2021 09/19/21 Pending -- -- --
06/01/2021 06/01/21 For Sale $55,000 -- $69 / 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 $344 $30,700 $7,500 $23,200
2023 $359 $30,700 $7,500 $23,200
2022 $344 $30,700 $7,500 $23,200
2021 $344 $30,700 $7,500 $23,200
2020 $310 $26,500 $7,500 $19,000
2019 $310 $26,500 $7,500 $19,000
2018 $155 $26,500 $7,500 $19,000
2016 -- $37,000 $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: 9923392

Tennessee/Virginia Regional MLS

APN: 39-3-5-2