NOT LISTED FOR SALE

562 Humes St Abingdon, VA 24210

Estimated Value: $200,140

0.77 Acre
$259,922 Price per Acre
33,541 Sq Ft Lot

Last Sold December 17, 2021

Last sale price $27,500 $20 Per Sq Ft

Est. 628% increase in value since last sale

Current estimated payment $1,075/month

476 Days on Market

About This Lot

As of December 2021

IN TOWN BUILDING LOT - Nestled on a side street off E. Main Street in Abingdon, this spacious, gently sloping 0.77 Acre lot is located at the end of a dead end street. INVESTORS - this would make a great lot for a duplex, townhouses, manufactured* or single family home. Zoned Residential (R-4), the uses are varied. *Manufactured homes must be a registered design and conform to engineered stamped USBC drawing. All buyers should verify intended use with the Town of Abingdon is permitted. Public water and sewer at the road. Priced to sell, this lot won't last long. NOTE: At one time, there was a home on this lot. The home burned down and the lot is now vacant.

Last Agent to Sell the Property

Cynthia Hornsby

Prestige Homes of the Tri Cities, Inc. License #0225184556 VA and 316140 TN Listed on: 10/04/2021

Last Buyer's Agent

Cynthia Hornsby

Prestige Homes of the Tri Cities, Inc. License #0225184556 VA and 316140 TN Listed on: 10/04/2021

Property Details

Property Type

  • Land

Lot Details

  • 0.77 Acre Lot
  • Level Lot
  • Property is zoned R-4

Schools

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

Utilities

  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number 015 1 5a

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Directions: I-81 N to Exit 17, left off ramp onto Cumming Street (VA 75), right turn on W. Main Street (US-11 N/US-58 Alt E), travel 1 mile, turn right on Trigg Street, take the 3rd left onto Humes Street. Travel to the end of Humes Street, property will be on the right. See sign and directional arrow.
  • Prop. Type: Land
  • Road Surface Type: Paved
  • Road Frontage Type: City Street
  • Location Tax Legal Info Parcel ID: 015 1 5a
  • Contract Info Foreclosure: No
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Acres: 0.77
  • General Property Description Zoning2: R-4
  • General Property Description Elementary School3: Watauga
  • General Property Description Middle School2: E. B. Stanley
  • General Property Description High School3: Abingdon
  • Lot Features Level3: Yes
  • Water Public: Yes
  • Sewer Public Sewer: Yes
  • Location Tax Legal Info Block: N/A
  • Utilities Electricity Available: Yes
  • Water At Road2: Yes
  • Sewer At Road: Yes
  • Lot Features Rolling Slope2: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Lot Features: Level, Rolling Slope
  • Acres: 0.77

Utilities

  • Sewer: At Road, Public Sewer
  • Utilities: Electricity Available
  • Water Source: At Road, Public

Schools

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

Lot Info

  • Zoning: R-4
  • Lot Dimensions: See Deed
  • Lot Size Sq Ft: 33541.2
  • ResoLotSizeUnits: Acres
  • Parcel #: 015 1 5a
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2021
Closed on
Dec 13, 2021
Sold by
Crusenberry James Robert and Cullop Doris C
Bought by
Boggs Arlona
Seller's Agent
Cynthia Hornsby
Prestige Homes of the Tri Cities, Inc.
Buyer's Agent
Cynthia Hornsby
Prestige Homes of the Tri Cities, Inc.
List Price
$32,500
Sold Price
$27,500
Premium/Discount to List
-$5,000
-15.38%
Current Estimated Value
$200,140

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$172,640
Avg. Annual Appreciation
62.46%
Original Mortgage
$22,000
Outstanding Balance
$20,187
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$179,953
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
Boggs Arlona $27,500 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Boggs Arlona $22,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/17/2021 12/17/21 Sold $27,500 -15.4% $20 / Sq Ft
11/03/2021 11/03/21 Pending -- -- --
07/14/2020 07/14/20 For Sale $32,500 -- $24 / Sq Ft
Source: Tennessee/Virginia Regional MLS

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 $469 $141,000 $25,000 $116,000
2024 $5 $78,100 $20,000 $58,100
2023 $120 $20,000 $20,000 $0
2022 $120 $20,000 $20,000 $0
2021 $120 $20,000 $20,000 $0
2019 $126 $20,000 $20,000 $0
2018 $126 $20,000 $20,000 $0
2017 $126 $20,000 $20,000 $0
2016 $126 $20,000 $20,000 $0
2015 $126 $20,000 $20,000 $0
2014 $126 $20,000 $20,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 9910311

Tennessee/Virginia Regional MLS

APN: 015-1-5A