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1001 Fairmount Avenue

1001 Fairmount Avenue, Bristol, VA 24201
Property in Bristol
Sold Sep 05, 2013
$88,000
$61,600 by Highlands Union Bank
Mortgage
Sold Apr 04, 2013
$114,100
1001 Fairmount Avenue in Bristol, VA was first built in 1914 and is 110 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 7 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 1001 Fairmount Avenue has 1,854 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 6,322 square feet.

Learn more about the property and building on this page. There is a open porch and a patio. The home has a gable style roof made of composition shingle. Water for the property is sourced from a water system. The property is connected to a sewer system. For those who need parking, there is a built-in garage. There is one available parking space. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C-. The condition of the building has been evaluated as good. The exterior walls of the home are made of alum/vinyl siding. While the interior walls are made of plaster. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a forced air unit and being fueled with electricity. The property was last sold in Jan 1, 1970 for $88,000. That's $47.46 per sqft. Prior to that sales transaction, the property was also sold in Jan 1, 1970 for $114,100. 1001 Fairmount Avenue was last assessed in 2023. The total value of the property was assessed at $118,100. Specifically, the land the property is located on was valued at $12,500. While improvements on the property were assessed at a total of $105,600. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $1,382. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1914
  • Effective Year Built: 1914
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Building Quality: C-
  • Construction Type: Frame
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Plaster
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Floor Cover: Carpet
  • Basement Type: Unspecified basement
  • Basement Area: 892
  • Garage Type: Built-in
  • Parking Space Count: 1
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 6,322
  • Total Building Area: 1,854
  • Building Area: 1,854
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,854
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 0.145
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BL LOT PT. 19,20 BLK 26,

Ownership

  • Current Owner : PEARSON JASON C
  • Previous Owner : HIGHLANDS UNION BANK
  • Owner Before Previous Owner: LYLE SUB TR JOSEPH B
  • Owner Before Previous Owner 2: TESTER JOHN G

Neighborhood

  • School District Name: Bristol City Public Schools
  • Census Tract: 020201

Geography

  • Assessors Map Reference: MB0-0
  • Account Number: 14966
  • Parcel: 26 426 19 20
  • Block: 26
  • Latitude: 36.6031
  • Longitude: -82.1878

    Address

  • Full Address: 1001 Fairmount Ave
  • Address - House Number: 1001
  • Address - Street Name: Fairmount
  • Address - Suffix Type: Ave
  • State: VA
  • City Name: Bristol
  • Carrier Code: C007
  • 4-Digit Zip Code: 3925
  • Zip Code: 24201

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,382

    Appraisal Valuation

  • Standard Deviation: 0.1321
  • Valuation Date: Sep 21, 2023
  • Confidence Score: 73
  • Final Value: 179,894
  • High Value: 203,667
  • Low Value: 156,120

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $61,600
  • First Open Lien Mortgage Lender: HIGHLANDS UNION BANK
  • First Open Lien Mortgage Recording Date: Sep 05, 2013
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $61,600
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $118,100
  • Market Land Value: $12,500
  • Market Improvement Value: $105,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $118,100
  • Assessed Land Value: $12,500
  • Assessed Improvements Value: $105,600

    Sales

  • Current Sale Recording Date: Sep 05, 2013
  • Current Sale Transaction ID: 1219081548
  • Current Sale Price: $88,000
  • Current Sale Document Type: Special Warranty Deed
  • Previous Sale Recording Date: Apr 04, 2013
  • Previous Sale Amount: $114,100
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: HIGHLANDS UNION BANK
  • First Mortgage Transaction Date: Sep 05, 2013
  • First Mortgage Loan Amount: $61,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

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Frequently Asked Questions

What neighborhood is 1001 Fairmount Avenue located in?
The 1001 Fairmount Avenue is a located in the neighborhood of Bristol in Bristol, Bristol.
What is the average sales price for listings in 1001 Fairmount Avenue?
The average sales price for units in 1001 Fairmount Avenue is $0 currently.

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