NOT LISTED FOR SALE

545 Summit St Bristol, VA 24201

Estimated Value: $83,000 - $136,253

2 Beds
2 Baths
983 Sq Ft
$106/Sq Ft Est. Value

Last Sold January 25, 2019

Last sale price $37,500 $38 Per Sq Ft

Est. 195% increase in value since last sale

Current estimated payment $664/month

33 Days on Market

Highlights

  • Paneling
  • Bungalow
  • Ceiling Fan
  • Cooling Available
  • Combination Kitchen and Dining Room
  • Level Lot

About This Home

As of January 2019

Call office for LB code. All offers must be presented on a Regions Contract (attached). Minimum earnest money is $500 and to be held by listing office. Bank only "automatically" pays prorated and back taxes, including liens and other clouds per a special warranty conveyance, and a deed preparation fee. If title insurance is requested, it must be written in paragraph # 16 of the purchase agreement. Property sold "as is where is" with no warranties. 2 lots convey with property.

Last Agent to Sell the Property

Mary Johnston

Property Executives Johnson City License #TN252380;VA0225184480 Listed on: 12/11/2018

Last Buyer's Agent

TRANSFERRED LISTINGS

Prestige Homes of the Tri Cities, Inc.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1921

Lot Details

  • Level Lot
  • Property is in below average condition
  • Property is zoned RS

Home Design

  • Bungalow
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 983 Sq Ft Home
  • 1-Story Property
  • Paneling
  • Ceiling Fan
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room
  • Partially Finished Basement
  • Walk-Out Basement
  • Washer and Electric Dryer Hookup

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Schools

  • Van Pelt Elementary School
  • Virginia Middle School
  • Virginia High School

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Foreclosure
  • Assessor Parcel Number 39 3 5 7,8

Home Details

Home Type

Single Family

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Directions: Hyw. 11E to Blountville Bluff City Exit. Right to Hwy.394. Left to Hwy 421. Right on Cedar St. Left to Georgia Ave. Georgia Ave becomes Williams St. Right to Norfolk Ave. First Right to E Mary St. Left to Summit St. House on Right
  • Prop. Type: Residential
  • Year Built: 1921
  • Property Sub Type: Single Family Residence
  • ResoSpecialListingConditions: In Foreclosure
  • Architectural Style: Bungalow
  • New Construction: No
  • Reso Structure Type: House
  • Contract Info Foreclosure: Yes
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Zoning2: RS
  • General Property Description Elementary School3: Van Pelt
  • General Property Description Middle School2: Virginia
  • General Property Description High School3: Virginia
  • Water Public: Yes
  • Sewer Public Sewer: Yes
  • General Property Description Lot Dimensions: per deed
  • General Property Description Home Warranty: No
  • General Property Description Total SqFt Finished: 983.0
  • TopographyLot Description Level2: Yes
  • General Property Description Parcel ID2: 39 3 5 7,8
  • General Property Description # Fireplaces: 1
  • General Property Description Stories2: 1
  • Roof Composition: Yes
  • Interior Features KitchenDining Combo: Yes
  • AC Ceiling Fan(s): Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Flooring Carpet: Yes
  • Flooring Vinyl: Yes
  • Walls Paneling: Yes
  • Property Condition Below Average: Yes
  • Structure Type:House: Yes
  • Special Features: 1028

Interior Features

  • Has Basement: Concrete, Partially Finished, Walk-Out Access
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Primary Downstairs, Kitchen/Dining Combo
  • Window Features: Single Pane Windows
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • General Property Description Baths - Full: 2
  • Fireplace:Living Room: Yes
  • Basement:Partially Finished: Yes
  • Basement:Walk-Out Access: Yes
  • Basement:Concrete3: Yes
  • Interior Features:Primary Downstairs: Yes

Exterior Features

  • Property Condition: Below Average
  • Roof: Composition
  • Topography: Level
  • Home Warranty: No
  • Construction Type: Wood Siding
  • Exterior Finish Wood Siding: Yes
  • Window Features:Single Pane Windows: Yes

Garage/Parking

  • Parking Features: None
  • Attached Garage: No

Utilities

  • Heating: None
  • Sewer: Public Sewer
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Cooling: Ceiling Fan(s)
  • Cooling Y N: Yes
  • HeatingYN: No
  • Water Source: Public
  • Heating:None7: Yes

Schools

  • Elementary School: Van Pelt
  • High School: Virginia
  • Middle Or Junior School: Virginia

Lot Info

  • Zoning: RS
  • Lot Dimensions: per deed
  • Parcel #: 39 3 5 7,8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 11, 2018
Closed on
Jan 23, 2019
Sold by
Regions Bank
Bought by
Dobson Matthew E and Dobson Vickie J
Seller's Agent
Mary Johnston
Property Executives Johnson City
Buyer's Agent
TRANSFERRED LISTINGS
Prestige Homes of the Tri Cities, Inc.
List Price
$31,000
Sold Price
$37,500
Premium/Discount to List
$6,500
20.97%
Current Estimated Value
$110,476

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,976
Avg. Annual Appreciation
15.75%

Purchase Details

Closed on
May 15, 2018
Sold by
Trustee Services Of Virginia Llc Sub Tr
Bought by
Regions Bank Successor By Merger With Am
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Dobson Matthew E $37,500 Attorney
Regions Bank Successor By Merger With Am $28,400 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/25/2019 01/25/19 Sold $37,500 +21.0% $38 / Sq Ft
01/14/2019 01/14/19 Pending -- -- --
12/11/2018 12/11/18 For Sale $31,000 -- $32 / Sq Ft
Source: Tennessee/Virginia Regional MLS

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 $927 $99,700 $12,500 $87,200
2024 $558 $49,800 $10,000 $39,800
2023 $583 $49,800 $10,000 $39,800
2022 $558 $49,800 $10,000 $39,800
2021 $558 $49,800 $10,000 $39,800
2020 $208 $17,800 $10,000 $7,800
2019 $208 $17,800 $10,000 $7,800
2018 $104 $17,800 $10,000 $7,800
2016 -- $33,400 $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: 415656

Tennessee/Virginia Regional MLS

APN: 39-3-5-8