NOT LISTED FOR SALE

549 Colonial Rd SW Abingdon, VA 24210

Estimated Value: $137,000 - $143,000

2 Beds
1 Bath
766 Sq Ft
$182/Sq Ft Est. Value

Last Sold February 09, 2022

Last sale price $90,000 $117 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $796/month

150 Days on Market

Highlights

  • Mature Trees
  • No HOA
  • Paneling
  • E.B. Stanley Middle School Rated A-
  • Covered Patio or Porch
  • Cooling Available

About This Home

As of February 2022

Great investment opportunity for rental income. Come enjoy this cute bungalow in the heart of Abingdon! Featuring 2 bedrooms and 1 bathroom this quaint house has a beautiful lot with mature trees and is close by to all of Abingdon's amenities. It is also very near Abingdon's walking trails. It also features off street parking and room for storage in the basement. Come see today!

Last Agent to Sell the Property

Bear Lloyd

Highlands Realty, Inc. License #0225246006 Listed on: 08/13/2021

Last Buyer's Agent

Bear Lloyd

Highlands Realty, Inc. License #0225246006 Listed on: 08/13/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $622

Year Built

  • Built in 1946

Lot Details

  • 7,841 Sq Ft Lot
  • Level Lot
  • Mature Trees
  • Property is zoned R3

Home Design

  • Bungalow
  • Block Foundation
  • Fire Rated Drywall
  • Shingle Roof
  • Vinyl Siding
  • Plaster

Interior Spaces

  • 766 Sq Ft Home
  • 1-Story Property
  • Paneling
  • Insulated Windows
  • Vinyl Flooring
  • Oven or Range

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Basement

  • Partial Basement
  • Laundry in Basement

Outdoor Features

  • Covered Patio or Porch

Schools

  • Abingdon Elementary School
  • E B Stanley Middle School
  • Abingdon High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Natural Gas Not Available
  • Electric Water Heater
  • High Speed Internet

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 018 1 42

Home Details

Home Type

Single Family

Est. Annual Taxes

$622

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.18
  • Lot Size: 0.18
  • Road Surface Type: Paved
  • Directions: Heading South on I-81 take exit 17 for US-58 Alt/VA-75 toward Abingdon/S Holston Dam 0.1 mi Turn right onto US-58 ALT W/Cummings St 0.6 mi Turn left onto Bradley St SW 0.5 mi Turn right onto Preston St SW 0.1 mi Turn left onto Colonial Rd SW/Maple St Continue to follow Colonial Rd SW Destination will be on the right 0.3 mi 549 Colonial Rd SW, Abingdon, VA 24210
  • Above Grade Finished Sq Ft: 766
  • Architectural Style: Bungalow
  • Carport Y N: No
  • Garage Yn: No
  • Building Stories: 1
  • Year Built: 1946
  • Kitchen Level: Main
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Range/Oven, Refrigerator, Electric Water Heater
  • Has Basement: Partial
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 651
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Vinyl
  • Interior Amenities: Paneling, Cable High Speed Internet
  • Living Area: 766
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Window Features: Insulated Windows, No Window Treatments
  • Living Room Living Room Level: Main
  • Master Bedroom Master Bedroom Level: Main
  • Room Bedroom2 Level: Main
  • Bathroom Level: Main
  • Dining Room Dining Room Level: Main

Exterior Features

  • Lot Features: Rolling/Sloping, Level
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: Property Disclosure
  • Construction Type: Vinyl Siding, Dry Wall, Plaster
  • Exterior Features: Mature Trees
  • Foundation Details: Block
  • Patio And Porch Features: Porch Covered
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: None

Utilities

  • Laundry Features: In Basement
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Natural Gas Not Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Abingdon
  • High School: Abingdon
  • Middle Or Junior School: E B Stanley

Lot Info

  • Lot Size Sq Ft: 7840.8
  • Zoning: R3
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 622.16
  • Tax Lot: 018 1 42
  • Tax Map Number: 018 1 42
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2021
Closed on
Feb 9, 2022
Sold by
Hutton-Thomas Inc
Bought by
Vose Michael D and Vose Marion C
Seller's Agent
Bear Lloyd
Highlands Realty, Inc.
Buyer's Agent
Bear Lloyd
Highlands Realty, Inc.
List Price
$79,000
Sold Price
$90,000
Premium/Discount to List
$11,000
13.92%
Current Estimated Value
$139,581

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,581
Avg. Annual Appreciation
14.40%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Vose Michael D $90,000 New Title Company Name
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/09/2022 02/09/22 Sold $90,000 +13.9% $117 / Sq Ft
01/11/2022 01/11/22 Pending -- -- --
08/13/2021 08/13/21 For Sale $79,000 -- $103 / Sq Ft
Source: Southwest Virginia 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
2025 $424 $109,800 $25,000 $84,800
2024 $424 $70,700 $20,000 $50,700
2023 $424 $70,700 $20,000 $50,700
2022 $424 $70,700 $20,000 $50,700
2021 $424 $70,700 $20,000 $50,700
2019 $324 $51,400 $20,000 $31,400
2018 $324 $51,400 $20,000 $31,400
2017 $324 $51,400 $20,000 $31,400
2016 $164 $52,200 $20,000 $32,200
2015 $164 $52,200 $20,000 $32,200
2014 $164 $52,200 $20,000 $32,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwest Virginia Association of REALTORS®

MLS Number: 79623

APN: 018-1-42