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1510 Lee Highway

1510 Lee Highway, Bristol, VA 24201
Property in Bristol
Sold Aug 11, 2023
$210,000
Sold Sep 28, 2022
$100,000
$80,000 by First Bank And Trust Company
Mortgage
Local assessors in Bristol, VA have categorized 1510 Lee Highway as a residential type of property. The home was built in 1950 and is 74 years old. The property's lot size has been calculated to be 23,468 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1510 Lee Highway has a total of 1,464 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Additional features on the property are as follows. There is a carport for those who need a place to park their vehicle. There is only one available parking space, so if you need more, you may need to find some alternatives. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is fair. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - D+. The building has a hip style roof that was made of composition shingle. Lots of brick were used in the construction of the exterior walls of the home. While the walls in the interior have been made of plaster. As for flooring, was the material of choice during construction. Residents rely on air conditioning for their cooling system. The home's baseboard heaters is the primary heating source and it is being fueled with electricity. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1510 Lee Highway sold most recently in Aug 11, 2023 for a total of $210,000. If you work out the math, that's approximately a cost of $143.44 per sqft. Before that, the property was also sold for $100,000 in Sep 28, 2022. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $559 in taxes each year. 1510 Lee Highway was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $47,800. If we break it down further, the land itself was valued at $22,500. Improvements to the property, however, were assessed at a total of $25,300. The property's total market value has been marked the same as the total assessed value which is pretty typical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Fair
  • Building Quality: D+
  • Construction Type: Frame
  • Exterior Walls Type: Brick
  • Interior Walls Type: Plaster
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Floor Cover: Wood
  • Basement Type: Unspecified basement
  • Basement Area: 1,464
  • Garage Type: Carport
  • Parking Space Count: 1
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 23,468
  • Total Building Area: 1,464
  • Building Area: 1,464
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Baseboard
  • Heated Square Feet: 1,464
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 0.538
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 105', 1416 LEE HWY

Ownership

  • Current Owner : BLANKENSHIP ROBIN
  • Previous Owner : LINDAMOOD PROPERTY GROUP LLC
  • Owner Before Previous Owner: KINETIC VENTURES GROUP LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Bristol City Public Schools
  • Census Tract: 020202

Geography

  • Assessors Map Reference: MB0-0
  • Account Number: 256111
  • Parcel: 8 4 5 1A 2 2A
  • Latitude: 36.6136
  • Longitude: -82.1734

    Address

  • Full Address: 1510 Lee Hwy
  • Address - House Number: 1510
  • Address - Street Name: Lee
  • Address - Suffix Type: Hwy
  • State: VA
  • City Name: Bristol
  • Carrier Code: C002
  • 4-Digit Zip Code: 2892
  • Zip Code: 24201

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $559

    Appraisal Valuation

  • Standard Deviation: 0.1143
  • Valuation Date: Sep 21, 2023
  • Confidence Score: 88
  • Final Value: 203,018
  • High Value: 226,232
  • Low Value: 179,804

    Market Valuation

  • Market Total Value: $47,800
  • Market Land Value: $22,500
  • Market Improvement Value: $25,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $47,800
  • Assessed Land Value: $22,500
  • Assessed Improvements Value: $25,300

    Sales

  • Current Sale Contract Date: Aug 11, 2023
  • Current Sale Recording Date: Aug 11, 2023
  • Current Sale Transaction ID: 11911223601
  • Current Sale Price: $210,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1278
  • Previous Sale Recording Date: Sep 28, 2022
  • Previous Sale Contract Date: Sep 28, 2022
  • Previous Sale Amount: $100,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: FIRST BANK AND TRUST COMPANY
  • Previous Mortgage Transaction Date: Sep 28, 2022
  • Previous Mortgage Loan Amount: $80,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Credit Line (Revolving)

About Bristol



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Frequently Asked Questions

What neighborhood is 1510 Lee Highway located in?
The 1510 Lee Highway is a located in the neighborhood of Bristol in Bristol, Bristol.
What is the average sales price for listings in 1510 Lee Highway?
The average sales price for units in 1510 Lee Highway is $0 currently.

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