NOT LISTED FOR SALE

809 Colonial Rd SW Abingdon, VA 24210

Estimated Value: $419,578

8 Beds
4 Baths
4,800 Sq Ft
$87/Sq Ft Est. Value

Last Sold July 19, 2019

Last sale price $273,000 $57 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $2,418/month

6 Days on Market

Highlights

  • Central Heating and Cooling System
  • E.B. Stanley Middle School Rated A-
  • 4-minute walk to Overmountain Victory Trail Association

About This Home

As of July 2019

This incredible property sits conveniently located to everything in Abingdon Va!! Attention Investors!! This property is 3 units!! Live in the house and rent out the 2 apartments, or use all 3 as rentals for some incredible cash flow!! The main house has been updated with kitchen cabinets, granite countertops, stainless steel appliances, roof, heat pump, electrical, plumbing, and drywall! The two rental apartments have also been updated as well!

Last Agent to Sell the Property

Matt Smith

Highlands Realty, Inc. Listed on: 05/31/2019

Last Buyer's Agent

Andrew Neese

Prestige Homes of the Tri Cities Inc. License #0225098384

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,387

Year Built

  • Built in 1951

Lot Details

  • 0.46 Acre Lot
  • No Landscaping
  • Property is in good condition

Home Design

  • Triplex
  • Brick Exterior Construction
  • Block Foundation
  • Fire Rated Drywall
  • Shingle Roof
  • Vinyl Siding
  • Plaster

Interior Spaces

  • 4,800 Sq Ft Home
  • Fireplace Features Masonry
  • Insulated Windows
  • Unfinished Basement

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Separate Meters
  • Natural Gas Connected
  • Electric Water Heater
  • Cable TV Available

Community Details

  • 3 Units
  • Gross Income $30,900

Listing and Financial Details

  • Total Actual Rent $1,838
  • Tax Lot 3

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,387

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Sub Type: Triplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.46
  • Lot Size: Appro x . 0.46 Acres
  • Road Surface Type: Paved
  • Directions: On I-81 N, take Exit 14. Turn right onto Old Jonesboro Road. Turn right onto W. Main Street. Turn right onto Colonial Road. Property is on the left. See sign.
  • Above Grade Finished Sq Ft: 4800
  • Structure Type: Side by Side
  • Year Built: 1951
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Range/Oven, Microwave, Refrigerator, Electric Water Heater
  • Has Basement: Unfinished
  • Total Bedrooms: 8
  • Fireplace Features: Masonry, One
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 4800
  • Window Features: Insulated Windows

Exterior Features

  • Lot Features: No Landscaping
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: Property Disclosure
  • Construction Type: Vinyl Siding, Brick, Dry Wall, Plaster
  • Foundation Details: Block
  • Property Condition: Exterior Condition: Good, Interior Condition: Good
  • Roof: Shingle

Utilities

  • Laundry Features: Laundry Closet
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Natural Gas, Central, Heat Pump
  • Heating Yn: Yes
  • Electric: Separate Meters
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Natural Gas Connected
  • Water Source: Public
  • Gas Company: Separate Meters

Schools

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

Lot Info

  • Lot Size Sq Ft: 20037.6
  • Zoning: B2
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 30900
  • Number Of Units Leased: 2
  • Total Actual Rent: 1837.5
  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 2387
  • Tax Lot: 3
  • Tax Map Number: 017-9-3
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 6, 2025
Sold by
Neese Samuel Andrew & Bethany Sarah
Bought by
Cedar Grove Properties Llc
Current Estimated Value
$419,578

Purchase Details

Listed on
May 31, 2019
Closed on
Jul 17, 2019
Sold by
Holiday Taylor
Bought by
Neese Samuel A
Seller's Agent
Matt Smith
Highlands Realty, Inc.
Buyer's Agent
Andrew Neese
Prestige Homes of the Tri Cities Inc.
List Price
$289,000
Sold Price
$273,000
Premium/Discount to List
-$16,000
-5.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.29%
Original Mortgage
$232,050
Interest Rate
3.82%
Mortgage Type
Commercial
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
Cedar Grove Properties Llc -- None Listed On Document
Neese Samuel A $273,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Neese Samuel A $232,050
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2019 07/19/19 Sold $273,000 -5.5% $57 / Sq Ft
06/07/2019 06/07/19 Pending -- -- --
05/31/2019 05/31/19 For Sale $289,000 -- $60 / 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 $1,588 $296,000 $100,200 $195,800
2024 $1,588 $264,700 $80,200 $184,500
2023 $1,588 $264,700 $80,200 $184,500
2022 $1,588 $264,700 $80,200 $184,500
2021 $1,588 $264,700 $80,200 $184,500
2019 $1,653 $262,400 $80,200 $182,200
2018 $1,653 $262,400 $80,200 $182,200
2017 $1,653 $262,400 $80,200 $182,200
2016 $824 $261,700 $80,200 $181,500
2015 $824 $261,700 $80,200 $181,500
2014 $824 $261,700 $80,200 $181,500
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2019

    Matt Smith

    Highlands Realty, Inc.

  • A

    Buyer's Agent in 2019

    Andrew Neese

    Prestige Homes of the Tri Cities Inc.

See All Agents

Map

Source: Southwest Virginia Association of REALTORS®

MLS Number: 69782

APN: 017-9-3

Virginia Washington County Abingdon 24210

809 Colonial Rd SW, Abingdon, VA

This home is located at 809 Colonial Rd SW, Abingdon, VA 24210 since 31 May 2019 and is currently estimated at $419,578, approximately $87 per square foot. This property was built in 1951. 809 Colonial Rd SW is a home located in Washington County with nearby schools including Abingdon Elementary School, E.B. Stanley Middle School, and Abingdon High School.

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