$50,000
SOLD JUN 3, 2025

532 Thompson St Tazewell, VA 24651

2 Beds
2.5 Baths
1,523 Sq Ft
0.9 Acres

Recently Sold

$33 Per Sq Ft

23% Below List Price

29 Days on Market

Highlights

  • No HOA
  • Ceiling Fan
  • Storage Shed
  • Bungalow
  • Concrete Flooring

About This Home

As of June 2025

This charming cottage-style home is full of potential and waiting for the right visionary to bring it back to life. Nestled on nearly an acre (.90 acres) just minutes from the heart of Tazewell, this 2-bedroom, 2.5-bathroom home offers a fantastic opportunity for those looking to renovate or invest. With its inviting layout and classic charm, the possibilities are endless—whether you're restoring it as a cozy residence or turning it into a rental or resale project. Don’t miss your chance to own a slice of Tazewell with tons of potential and a convenient location!

Last Agent to Sell the Property

Aaron Wesley

eXp Realty Listed on: 04/09/2025

eXp Realty

Last Buyer's Agent

Non-MLS Non-MLS

Non-MLS Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $387

Year Built

  • Built in 1940

Home Design

  • Bungalow
  • Plaster Walls
  • Shingle Roof
  • Aluminum Siding
  • Block Exterior

Interior Spaces

  • 1,523 Sq Ft Home
  • Ceiling Fan
  • Concrete Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2.5 Bathrooms

Basement

  • Walk-Out Basement
  • Finished Basement Bathroom
  • Stubbed For A Bathroom
  • 1 Bathroom in Basement

Schools

  • Tazewell Elementary And Middle School
  • Tazewell High School

Additional Features

  • Storage Shed
  • 0.9 Acre Lot
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 094B7A0004

Home Details

Home Type

Single Family

Est. Annual Taxes

$387

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Estimated Total Finished Sq Ft: 1523
  • Class: Residential
  • County Or City: Tazewell
  • Is The Power On: Yes
  • Legal Description: 0.90 ACRE, WYNN BRANCH
  • Lvt Date: 04/09/2025
  • Number Rooms: 6
  • Parcel Nbr: 094B7A0004
  • Property Sub Type: Detached
  • Report Header1: 532 Thompson St, Tazewell, VA 24651
  • Bathrooms in the Basement: 1
  • Main Level Bathrooms: 1
  • Room Level Bedrooms Uppe: 2
  • Half Bathrooms Upstairs: 1
  • Style Structure Home: Bungalow/Cottage
  • Year Built: 1940
  • Directions: Head south on E Fincastle Tpke/Fincastle Turnpike toward Cherry St, Turn left onto School St, Turn left onto Marion Ave ,Slight right onto Thompson St
  • S O1 Office State: No
  • List Price/ Sq Ft: 32.83
  • Tax Year: 2024
  • General Property Information:Guest House YN: No
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Basement: Concrete Floor, Plumbing For Bath, Shower Facilities, Walk Out
  • Bedrooms: 2
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fan(s), Walls-Plaster

Exterior Features

  • Exterior Features: Storage Shed
  • Exterior Finish: Aluminum, Block
  • Roofing: Shingle

Utilities

  • Sewer: Public System
  • Water: Public Water

Condo/Co-op/Association

  • HOA: None

Schools

  • School District: Tazewell County
  • Elementary School: Tazewell
  • Middle School: Tazewell
  • High School: Tazewell
  • Elementary School: Tazewell
  • High School: Tazewell
  • Junior High Dist: Tazewell County

Lot Info

  • Estimated Lot Size: 0.9
  • Lot Size: 39204
  • Geo Update Timestamp: 2025-04-09
  • Geo Subdivision: VA

MLS Schools

  • Middle School: Tazewell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2025
Closed on
May 22, 2025
Sold by
Stone Champ
Bought by
Dysart Zachary and Loudermelt Cheryl Lee
Seller's Agent
Aaron Wesley
eXp Realty
Buyer's Agent
Non-MLS Non-MLS
Non-MLS Office
List Price
$65,000
Sold Price
$50,000
Premium/Discount to List
-$15,000
-23.08%
Views
177
Current Estimated Value
$58,758

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,758
Avg. Annual Appreciation
90.72%
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 Type Sale Price Title Company
Deed $50,000 Appalachian Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $56,250 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2025 06/03/25 Sold $50,000 -23.1% $33 / Sq Ft
05/08/2025 05/08/25 Pending -- -- --
04/09/2025 04/09/25 For Sale $65,000 -- $43 / Sq Ft
Source: New River Valley 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
2024 $387 $66,700 $12,000 $54,700
2023 $364 $62,700 $8,000 $54,700
2022 $364 $62,700 $8,000 $54,700
2021 $364 $62,700 $8,000 $54,700
2020 $364 $62,700 $8,000 $54,700
2019 $364 $62,700 $8,000 $54,700
2018 $339 $62,700 $8,000 $54,700
2017 $339 $61,600 $8,000 $53,600
2016 -- $61,600 $8,000 $53,600
2015 -- $61,600 $8,000 $53,600
2014 -- $61,600 $8,000 $53,600
2013 -- $61,600 $8,000 $53,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New River Valley Association of REALTORS®

MLS Number: 423694

New River Valley Association of REALTORS®

APN: 094B7A-0004