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1201 Fairmount Avenue

1201 Fairmount Avenue, Bristol, VA 24201
Multifamily in Bristol
Sold Oct 06, 2020
$155,000
$152,192 by United Northern Mortgage Banke
Mortgage
Sold Aug 29, 2019
$80,300
1201 Fairmount Avenue in Bristol, VA was first built in 1961 and is 63 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a duplex style. There are a total of 2 floors. There are a total of 6 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 1201 Fairmount Avenue has 1,895 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 6,817 square feet.

Learn more about the property and building on this page. There is a open porch. 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 carport. 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 B+. The condition of the building has been evaluated as excellent. 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 gas. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1201 Fairmount Avenue was last sold in Oct 2, 2020 for $155,000. According to our calculations, that's $80.14 per sqft. Prior to that sales transaction, the property was sold for $80,300 in Aug 28, 2019. Current property owners are expected to pay $1,832 in taxes per year. The property on 1201 Fairmount Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $156,600. To break that down further, the land itself was valued at $12,500. While improvements to the property were assessed at a total of $144,100. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Excellent
  • Building Quality: B+
  • Construction Type: Frame
  • Building Style: Duplex
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Plaster
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 2
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Carport
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 6,817
  • Total Building Area: 1,934
  • Gross Building Area: 1,934
  • Building Area: 1,934
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,895
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: BUNGALOW LOTS
  • Land Acres: 0.156
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: BUNGALOW LOT 14 BLK 1,

Ownership

  • Current Owner : WIGGINS JESSICA
  • Previous Owner : SMITH MICHAEL DAVID
  • Previous Owner 2: SMITH DEBORAH S
  • Owner Before Previous Owner: LINKOUS MARY H
  • Owner Before Previous Owner 2: LINKOUS MARY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Geography

  • Assessors Map Reference: MB0-0
  • Account Number: 382213
  • Parcel: 26 5 1 14
  • Block: 1
  • Lot: 14
  • Latitude: 36.6022
  • Longitude: -82.1904

    Address

  • Full Address: 1201 Fairmount Ave
  • Address - House Number: 1201
  • Address - Street Name: Fairmount
  • Address - Suffix Type: Ave
  • State: VA
  • City Name: Bristol
  • Carrier Code: C007
  • 4-Digit Zip Code: 3936
  • Zip Code: 24201

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,832

    Appraisal Valuation

  • Standard Deviation: 0.1321
  • Valuation Date: Sep 21, 2023
  • Confidence Score: 73
  • Final Value: 253,474
  • High Value: 286,971
  • Low Value: 219,976

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $152,192
  • First Open Lien Mortgage Lender: UNITED NORTHERN MORTGAGE BANKE
  • First Open Lien Mortgage Recording Date: Oct 06, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $152,192
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA

    Market Valuation

  • Market Total Value: $156,600
  • Market Land Value: $12,500
  • Market Improvement Value: $144,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $156,600
  • Assessed Land Value: $12,500
  • Assessed Improvements Value: $144,100

    Sales

  • Current Sale Contract Date: Oct 02, 2020
  • Current Sale Recording Date: Oct 06, 2020
  • Current Sale Transaction ID: 11794475132
  • Current Sale Price: $155,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 200001729
  • Previous Sale Recording Date: Aug 29, 2019
  • Previous Sale Contract Date: Aug 28, 2019
  • Previous Sale Amount: $80,300
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED NORTHERN MORTGAGE BANKE
  • First Mortgage Transaction Date: Oct 06, 2020
  • First Mortgage Loan Amount: $152,192
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA

    Financing

  • First Mortgage Financing Type: Fixed Rate

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Frequently Asked Questions

What neighborhood is 1201 Fairmount Avenue located in?
The 1201 Fairmount Avenue is a multifamily located in the neighborhood of Bristol in Bristol, Bristol.
What is the average sales price for listings in 1201 Fairmount Avenue?
The average sales price for units in 1201 Fairmount Avenue is $0 currently.

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