$56,900
$3K PRICE DROP

540 Madison St Bristol, VA 24201

Estimated payment $340/month

Total Views 15,766
2 Beds
1 Bath
870 Sq Ft
$65 Price per Sq Ft

Highlights

  • No HOA
  • No Heating
  • 1-Story Property
  • Bungalow

About This Home

Looking for a flip? A fixer upper? A great rental? Here it is! This home has been demoed and is ready for the rehab work to begin.
A NEW Roof was installed in the past 3 months.
Some new cabinets in the home goes with the sale. It must be CASH ONLY due to no permanent heat source and no water heater in the home.
Full, high ceilinged basement adds to many possibilities with this one to add more finished living space.
Buyers please be prepared to provide a proof of funds letter prior to viewing.
No offers will be accepted without one!
Buyers/Buyers agents please verify all info taken from third party sources.

Listing Agent

Richard Shinault

KW Bristol License #312615,0225183381 Listed on: 05/21/2025

KW Bristol

Co-Listing Agent

DAWN SHINAULT

KW Bristol License #339074,0225231966

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $449

Year Built

  • Built in 1948

Lot Details

  • 0.27 Acre Lot
  • Sloped Lot
  • Property is in below average condition

Home Design

  • Bungalow
  • Fixer Upper
  • Plaster Walls
  • Composition Roof
  • Stucco

Interior Spaces

  • 870 Sq Ft Home
  • 1-Story Property
  • Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Virginia Primary Elementary School
  • Virginia Intermediate
  • Virginia High School

Utilities

  • No Cooling
  • No Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 18 6 39

Home Details

Home Type

Single Family

Est. Annual Taxes

$449

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Directions: From Valley Drive in Bristol Va/Intersection of Texas Avenue: Travel Texas Avenue-right on Rhode Island-Right on Madison St
  • Prop. Type: Residential
  • Building Stories: 1
  • Year Built: 1948
  • Property Sub Type: Single Family Residence
  • Co List Office Mls Id: 1423
  • Co List Office Phone: 423-225-2703
  • Subdivision Name: Not Listed
  • Architectural Style: Bungalow
  • Unit Levels: One
  • New Construction: No
  • Reso Structure Type: House
  • Contract Info Foreclosure: No
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Acres: 0.27
  • General Property Description Zoning2: R-1
  • General Property Description Elementary School3: Virginia Primary
  • General Property Description Middle School2: Virginia Intermediate
  • General Property Description High School3: Virginia
  • General Property Description HOA YN: No
  • Water Public: Yes
  • Sewer Public Sewer: Yes
  • General Property Description Lot Dimensions: 64 X 146 IRR
  • General Property Description Home Warranty: No
  • General Property Description Total SqFt Finished: 870.0
  • General Property Description Above Grade SqFt: 870.0
  • General Property Description Parcel ID2: 18 6 39
  • General Property Description Stories2: 1
  • Roof Composition: Yes
  • TopographyLot Description Sloped: Yes
  • Utilities Electricity Available: Yes
  • Property Condition Fixer: Yes
  • Walls Plaster: Yes
  • Property Condition Below Average: Yes
  • Levels One: Yes
  • General Property Description Senior Community YN3: No
  • Utilities Sewer Available: Yes
  • Utilities:Water Available: Yes
  • Structure Type:House: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Total Bedrooms: 6
  • General Property Description Baths - Full: 1

Exterior Features

  • Property Condition: Below Average, Fixer
  • Roof: Composition
  • Acres: 0.27
  • Topography: Sloped
  • Home Warranty: No
  • Construction Type: Block, Concrete, Stucco, Plaster
  • Exterior Finish Stucco2: Yes

Utilities

  • Heating: None
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Sewer Available, Water Available
  • Cooling: None
  • Cooling Y N: No
  • HeatingYN: No
  • Water Source: Public
  • Heating:None7: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Virginia Primary
  • High School: Virginia
  • Middle Or Junior School: Virginia Intermediate

Lot Info

  • Zoning: R-1
  • Lot Dimensions: 64 X 146 IRR
  • Lot Size Sq Ft: 11761.2
  • ResoLotSizeUnits: Acres
  • Parcel #: 18 6 39

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $449 $40,100 $12,500 $27,600
2023 $469 $40,100 $12,500 $27,600
2022 $449 $40,100 $12,500 $27,600
2021 $449 $40,100 $12,500 $27,600
2020 $412 $35,200 $12,500 $22,700
2019 $412 $35,200 $12,500 $22,700
2018 $206 $35,200 $12,500 $22,700
2016 -- $35,400 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2025 08/10/25 Price Changed $56,900 -1.7% $65 / Sq Ft
07/08/2025 07/08/25 Price Changed $57,900 -1.7% $67 / Sq Ft
06/14/2025 06/14/25 Price Changed $58,900 -1.7% $68 / Sq Ft
05/21/2025 05/21/25 For Sale $59,900 -- $69 / Sq Ft
Source: Tennessee/Virginia Regional MLS

Purchase History

Date Type Sale Price Title Company
Commissioners Deed $29,000 None Listed On Document
Gift Deed -- None Available
Source: Public Records

Source: Tennessee/Virginia Regional MLS

MLS Number: 9980528

Tennessee/Virginia Regional MLS

APN: 18-6-39