NOT LISTED FOR SALE

888 Lee Hwy Marion, VA 24354

Estimated Value: $201,000 - $248,000

4 Beds
3 Baths
2,454 Sq Ft
$90/Sq Ft Est. Value

Last Sold December 01, 2021

Last sale price $150,000 $61 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $1,276/month

28 Days on Market

Highlights

  • Mature Trees
  • No HOA
  • 2 Car Attached Garage
  • Chilhowie Elementary School Rated 9+
  • Porch
  • Storm Windows

About This Home

As of December 2021

Location, Location, Location...convenient to I-81 (1.2 miles), Barter Theatre in Abingdon (30 miles), Bristol Raceway (45 miles). This great home, large enough for 2 families, boasts 2 levels of living. 3 BR, 2 BA on main level with Family Room, laundry, BR, BA & storage on the lower walk-out level. Lower level has a garage and upper level has a spacious carport. Recent updates include new heat pump (Trane) 4/2019, new roof & guttering 8/24/2010, red oak planked waterproof laminate w/25 year warranty 4/2003 & new refrigerator 4/2013. Great backyard with shade under a unique Dawn Redwood tree, concrete pad w/ramp for outbuilding, and nice views. Gas tank hook-up in back yard with line running into house. Gas stove heater in basement. New water meter & line from meter to house with frost free spigot in 2020. **Additional Sellers: Connie K. Sheets, Zandra S.Teaster & Karen J. Stewart.

Last Agent to Sell the Property

Vickie Stamper

Appalachian Realty Co. License #0225024307 Listed on: 10/01/2021

Last Buyer's Agent

Vickie Stamper

Appalachian Realty Co. License #0225024307 Listed on: 10/01/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $804

Year Built

  • Built in 1977

Lot Details

  • 0.46 Acre Lot
  • Lot Dimensions are 115 x 175
  • Cleared Lot
  • Mature Trees
  • Property is in good condition

Parking

  • 2 Car Attached Garage
  • Attached Carport
  • Garage Door Opener
  • Drive Under Main Level
  • Open Parking

Home Design

  • Brick Exterior Construction
  • Fire Rated Drywall
  • Shingle Roof

Interior Spaces

  • 2,454 Sq Ft Home
  • 1-Story Property
  • Paneling
  • Ceiling Fan
  • Free Standing Fireplace
  • Flue
  • Window Treatments
  • Storm Windows
  • Oven or Range
  • Property Views

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • Bathroom on Main Level
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Laundry in Basement

Outdoor Features

  • Porch

Schools

  • Chilhowie Elementary And Middle School
  • Chilhowie High School

Utilities

  • Cooling Available
  • Heating System Uses Propane
  • Heat Pump System
  • Propane
  • Gas Available
  • Electric Water Heater
  • High Speed Internet
  • Satellite Dish
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 7

Home Details

Home Type

Single Family

Est. Annual Taxes

$804

Year Built

Built in 1977

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.462
  • Lot Size: 115 x 175
  • Road Surface Type: Paved
  • Directions: Exit 39 off I-81, south on Lee Highway, property on left.
  • Above Grade Finished Sq Ft: 1227
  • Architectural Style: Ranch
  • Carport Y N: Yes
  • Garage Yn: Yes
  • Building Stories: 1
  • Year Built: 1977
  • Kitchen Level: Main
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Range/Oven, Washer, Refrigerator, Dryer, Electric Water Heater
  • Other Equipment: Satellite Dish
  • Has Basement: Full, Interior Entry, Walk-Out Access
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1227
  • Fireplace Features: Flue, Free Standing
  • Fireplace: Yes
  • Flooring: Laminate, Vinyl
  • Interior Amenities: Paneling, Ceiling Fan(s), High Speed Internet, Cable High Speed Internet
  • Living Area: 2454
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Window Features: Storm Window(s), Window Treatments
  • Room Bedroom4 Area: 188.7
  • Bathroom 2 Area: 42
  • Room Bedroom4 Level: Basement
  • Living Room Living Room Level: Main
  • Room Bedroom3 Area: 103.4
  • Master Bedroom Master Bedroom Level: Main
  • Bathroom 3 Area: 61.5
  • Room Bedroom2 Area: 146.32
  • Room Bedroom3 Level: Main
  • Master Bedroom Master Bedroom Width: 11
  • Room Family Room Area: 266.22
  • Bathroom 2 Level: Main
  • Room Bedroom2 Level: Main
  • Room Family Room Level: Basement
  • Bathroom 3 Level: Basement
  • Room Living Room Area: 187
  • Room Kitchen Area: 203
  • Bathroom Level: Main
  • Room Master Bedroom Area: 165

Exterior Features

  • Lot Features: Cleared, Views
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Brick, Dry Wall
  • Exterior Features: Mature Trees
  • Patio And Porch Features: Porch Open
  • Property Condition: Exterior Condition: Good, Interior Condition: Good
  • Roof: Shingle

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Paved, Attached Carport, Drive Under, Garage Door Opener
  • Total Parking Spaces: 2

Utilities

  • Laundry Features: In Basement
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Propane, Heat Pump
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Propane
  • Water Source: Public
  • Gas Company: Other-See Remarks, Installed

Condo/Co-op/Association

  • Association: No

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Chilhowie
  • High School: Chilhowie
  • Middle Or Junior School: Chilhowie

Lot Info

  • Lot Size Sq Ft: 20125
  • Zoning: R
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 803.64
  • Tax Lot: 7
  • Tax Map Number: 54C-4-7
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2021
Closed on
Dec 1, 2021
Sold by
Blankenbeckler Deborah Lynn Stewart and Sheets Connie Kristine
Bought by
Gibbs Patricia J and Gibbs Vaughn
Seller's Agent
Vickie Stamper
Appalachian Realty Co.
Buyer's Agent
Vickie Stamper
Appalachian Realty Co.
List Price
$175,000
Sold Price
$150,000
Premium/Discount to List
-$25,000
-14.29%
Current Estimated Value
$221,817

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,817
Avg. Annual Appreciation
10.97%
Original Mortgage
$152,192
Outstanding Balance
$140,227
Interest Rate
3.09%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$81,590
Source: Public Records

Range of Values:

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Average Value
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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
Gibbs Patricia J $155,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gibbs Patricia J $152,192
Closed Gibbs Patricia J $152,192
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2021 12/01/21 Sold $150,000 -14.3% $61 / Sq Ft
10/30/2021 10/30/21 Pending -- -- --
10/01/2021 10/01/21 For Sale $175,000 -- $71 / 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 $831 $140,900 $18,000 $122,900
2024 $831 $140,900 $18,000 $122,900
2023 $804 $108,600 $15,000 $93,600
2022 $804 $108,600 $15,000 $93,600
2021 $604 $108,600 $15,000 $93,600
2020 $604 $108,600 $15,000 $93,600
2019 $541 $100,200 $15,000 $85,200
2018 $541 $100,200 $15,000 $85,200
2017 $541 $100,200 $15,000 $85,200
2016 $541 $100,200 $15,000 $85,200
2015 $541 $0 $0 $0
2014 $550 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwest Virginia Association of REALTORS®

MLS Number: 80252

APN: 54C-4-7