NOT LISTED FOR SALE

702 E 2nd St Damascus, VA 24236

Estimated Value: $164,078 - $254,000

2 Beds
1.5 Baths
1,086 Sq Ft
$191/Sq Ft Est. Value

Last Sold March 02, 2018

Last sale price $90,000 $83 Per Sq Ft

Est. 131% increase in value since last sale

Current estimated payment $1,076/month

169 Days on Market

Highlights

  • Deck
  • Cottage
  • Cooling System Mounted In Outer Wall Opening
  • Wood Flooring
  • Covered Patio or Porch
  • Shed

About This Home

As of March 2018

YOUR DAMASCUS ESCAPE! CUTE COTTAGE WITH LARGE YARD COULD BE YOUR "HOME AWAY FROM HOME" OR YEAR ROUND RESIDENCE. LOCATED IN THE TOWN OF DAMASCUS, CLOSE TO VA CREEPER TRAIL, APPALACHIAN TRAIL, RESTAURANTS AND BIKE SHUTTLE COMPANIES. THIS 2 BEDROOM HOME COULD POSSIBLY BE CONVERTED INTO A 3 BEDROOM SITUATION. GREAT OPPORTUNITY FOR SEASONAL RENTALS! HOME BOAST NICE MOUNTAIN VIEWS AND IS LOCATED ON A QUIET STREET. FULLY FENCED BACKYARD WITH CONCRETE DRIVEWAY AND 2 LARGE STORAGE SHEDS. NEW METAL ROOF! ALL APPLIANCES CONVEY. COVERED AND OPEN PORCHES. CALL OFFICE FOR DETAILS!

Last Agent to Sell the Property

Scott Paterson

Alpha Realty & Auction License #0225197784 Listed on: 08/30/2017

Last Buyer's Agent

Jack Sells

U.S. Realty Investment Corporation

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1946

Lot Details

  • 8,712 Sq Ft Lot
  • Landscaped
  • Level Lot
  • Property is in average condition

Home Design

  • Cottage
  • Metal Roof
  • Aluminum Siding

Interior Spaces

  • 1,086 Sq Ft Home
  • 1-Story Property
  • Wood Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Shed
  • Outbuilding

Schools

  • Rhea Valley Elementary School
  • Damascus Middle School
  • Holston High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Heating System Uses Oil

Community Details

  • Property has a Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 172B2 A 218

Home Details

Home Type

Single Family

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Directions: FROM I-81 TAKE EXIT 19 TURN EAST ON HWY. 58 TOWARD DAMASCUS, CONTINUE APPROX. 14 MILES, THROUGH DAMASCUS, TURN LEFT ONTO DAMASCUS DRIVE ROUTE 91 TOWARD GLADE SPRING 0.02 MILES TURN ON 2ND STREET, SEE SIGN
  • Prop. Type: Residential
  • Year Built: 1946
  • Property Sub Type: Single Family Residence
  • Reso Association Amenities: Landscaping
  • Architectural Style: Cottage
  • 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: 0.2
  • General Property Description Zoning2: R-1
  • General Property Description Elementary School3: Rhea Valley
  • General Property Description Middle School2: Damascus
  • General Property Description High School3: Holston
  • Water Public: Yes
  • General Property Description Lot Dimensions: NA
  • General Property Description Home Warranty: No
  • General Property Description Total SqFt Finished: 1086.0
  • General Property Description Above Grade SqFt: 1086.0
  • TopographyLot Description Level2: Yes
  • Flooring Hardwood: Yes
  • General Property Description Parcel ID2: 172B2 A 218
  • Other Structures Outbuilding: Yes
  • Other Structures Shed(s): Yes
  • Roof Metal3: Yes
  • Excluded From Sale A C Window Units: Yes
  • Property Condition Average: Yes
  • Other Structures Storage2: Yes
  • AC Wall Unit(s): Yes
  • Levels One: Yes
  • Structure Type:House: Yes
  • Special Features: None

Interior Features

  • Flooring: Hardwood
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • General Property Description Baths - Full: 1
  • General Property Description Baths - 12: 1

Exterior Features

  • Property Condition: Average
  • Roof: Metal
  • Other Structures: Outbuilding, Shed(s), Storage
  • Acres: 0.2
  • Topography: Level
  • Home Warranty: No
  • Construction Type: Aluminum Siding
  • Patio And Porch Features: Covered, Deck, Patio
  • PorchPatioDeck Covered: Yes
  • PorchPatioDeck Deck: Yes
  • Exterior Finish Aluminum Siding: Yes
  • PorchPatioDeck Patio: Yes

Garage/Parking

  • Parking Features: Concrete
  • Attached Garage: No
  • Parking Features:Concrete2: Yes

Utilities

  • Heating: Oil
  • Cooling: Wall Unit(s), Window Unit(s)
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Oil: Yes

Condo/Co-op/Association

  • Association: Yes

Association/Amenities

  • AmenitiesLandscaping: Yes

Schools

  • Elementary School: Rhea Valley
  • High School: Holston
  • Middle Or Junior School: Damascus

Lot Info

  • Zoning: R-1
  • Lot Dimensions: NA
  • Lot Size Sq Ft: 8712.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 172B2 A 218
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2017
Closed on
Mar 2, 2018
Sold by
Leonard Billy M and Leonard Jackie C
Bought by
Snow Tommy A and Snow Pamela L
Seller's Agent
Scott Paterson
Alpha Realty & Auction
Buyer's Agent
Jack Sells
U.S. Realty Investment Corporation
List Price
$119,000
Sold Price
$90,000
Premium/Discount to List
-$29,000
-24.37%
Current Estimated Value
$207,520

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,520
Avg. Annual Appreciation
11.17%
Original Mortgage
$50,000
Outstanding Balance
$42,495
Interest Rate
4.04%
Mortgage Type
New Conventional
Estimated Equity
$165,025
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
Snow Tommy A $90,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Snow Tommy A $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/02/2018 03/02/18 Sold $90,000 -24.4% $83 / Sq Ft
02/16/2018 02/16/18 Pending -- -- --
08/30/2017 08/30/17 For Sale $119,000 -- $110 / 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 $7 $126,000 $30,000 $96,000
2024 $0 $73,100 $25,000 $48,100
2023 $7 $73,100 $25,000 $48,100
2022 $7 $73,100 $25,000 $48,100
2021 $7 $73,100 $25,000 $48,100
2019 $416 $66,100 $25,000 $41,100
2018 $416 $66,100 $25,000 $41,100
2017 $416 $66,100 $25,000 $41,100
2016 $374 $59,400 $20,000 $39,400
2015 $374 $59,400 $20,000 $39,400
2014 $374 $59,400 $20,000 $39,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 396524

Tennessee/Virginia Regional MLS

APN: 172B2-A-218