NOT LISTED FOR SALE

522 Thomas Bridge Rd Marion, VA 24354

Estimated Value: $66,000 - $164,000

3 Beds
1 Bath
1,305 Sq Ft
$97/Sq Ft Est. Value

Last Sold January 08, 2020

Last sale price $27,000 $21 Per Sq Ft

Est. 368% increase in value since last sale

Current estimated payment $682/month

15 Days on Market

Highlights

  • 2 Acre Lot
  • Main Floor Primary Bedroom
  • Covered Patio or Porch
  • Traditional Architecture
  • No HOA
  • Wood Frame Window

About This Home

As of January 2020

Attention Investors! This is a true fixer upper located a short distance from the town of Marion. Home is a 3 bed 1 bath with one bedroom on the main level and two bedrooms upstairs. There is a lot of potential here! Yard is mostly flat with several outbuildings. Priced to sell!

Last Agent to Sell the Property

Jessica Miller

Weichert Realtors-Short Way Real Estate License #0225206285 Listed on: 12/02/2019

Weichert Realtors-Short Way Real Estate

Last Buyer's Agent

Jessica Miller

Weichert Realtors-Short Way Real Estate License #0225206285 Listed on: 12/02/2019

Weichert Realtors-Short Way Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $420

Year Built

  • Built in 1950

Lot Details

  • 2 Acre Lot
  • Level Lot
  • Cleared Lot

Home Design

  • Traditional Architecture
  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 1,305 Sq Ft Home
  • 2-Story Property
  • Wood Frame Window
  • Living Room
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Bathroom on Main Level
  • 1 Full Bathroom

Parking

  • Gravel Driveway
  • Open Parking

Outdoor Features

  • Covered Patio or Porch
  • Shed
  • Outbuilding

Schools

  • Oak Point Elementary School
  • Marion Middle School
  • Marion Senior High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Natural Gas Not Available
  • No Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 32

Home Details

Home Type

Single Family

Est. Annual Taxes

$420

Year Built

Built in 1950

Lot Details

2 Acres

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 2
  • Lot Size: 2 acres
  • Road Surface Type: Paved
  • Directions: I-81 S exit 44. Right off exit, then left on Main St. Go 2.3 miles, turn left onto Lee Hwy and continue onto Adwolfe Rd. Go 1.7 miles and turn left on Thomas Bridge Rd. Go 1 mile, house on right.
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 1950
  • Kitchen Level: First
  • Special Features: 1028
  • Stories: 2

Interior Features

  • Appliances: None, No Water Heater
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Other, Internet Availability Other/See Remarks
  • Living Area: 1305
  • Window Features: Wood Frames, No Window Treatments
  • Living Room Living Room Level: First
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom3 Level: Second
  • Room Bedroom2 Level: Second
  • Bathroom Level: First

Exterior Features

  • Lot Features: Level, Cleared
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Aluminum Siding
  • Other Structures: Outbuilding, Shed(s)
  • Patio And Porch Features: Porch Covered
  • Property Condition: Exterior Condition: Poor, Interior Condition: Poor
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: Gravel, None

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Natural Gas Not Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Oak Point
  • High School: Marion Senior
  • Middle Or Junior School: Marion

Lot Info

  • Lot Size Sq Ft: 87120
  • Zoning: None
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 419.58
  • Tax Lot: 32
  • Tax Map Number: 67-A-32
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2019
Closed on
Jan 7, 2020
Sold by
Carrington Mortgage Services Llc
Bought by
Pennington Danny R
Seller's Agent
Jessica Miller
Weichert Realtors-Short Way Real Estate
Buyer's Agent
Jessica Miller
Weichert Realtors-Short Way Real Estate
List Price
$17,000
Sold Price
$27,000
Premium/Discount to List
$10,000
58.82%
Current Estimated Value
$126,256

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,256
Avg. Annual Appreciation
28.72%

Purchase Details

Closed on
Oct 24, 2019
Sold by
Professional Foreclosure Corporation Of
Bought by
Carrington Mortgage Services Llc

Purchase Details

Closed on
Nov 24, 2008
Sold by
Brooks Addie I and Weade Judith B
Bought by
Pennington Mark A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,220
Interest Rate
6.47%
Mortgage Type
New Conventional
Source: Public Records
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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
Pennington Danny R $27,000 Vylla Title Llc
Carrington Mortgage Services Llc $41,870 None Available
Pennington Mark A $58,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pennington Mark A $64,220
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/08/2020 01/08/20 Sold $27,000 +58.8% $21 / Sq Ft
12/18/2019 12/18/19 Pending -- -- --
12/02/2019 12/02/19 For Sale $17,000 -- $13 / Sq Ft
Source: Southwest Virginia Association of REALTORS®

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 $389 $65,900 $20,500 $45,400
2024 $389 $65,900 $20,500 $45,400
2023 $451 $60,900 $15,000 $45,900
2022 $451 $60,900 $15,000 $45,900
2021 $451 $60,900 $15,000 $45,900
2020 $451 $60,900 $15,000 $45,900
2019 $420 $56,700 $15,000 $41,700
2018 $420 $56,700 $15,000 $41,700
2017 $420 $56,700 $15,000 $41,700
2016 $420 $56,700 $15,000 $41,700
2015 $420 $0 $0 $0
2014 $426 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwest Virginia Association of REALTORS®

MLS Number: 72262

APN: 67-A-32

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