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237 Magnolia Drive

237 Magnolia Drive, Bristol, VA 24201
Property in Bristol
Sold Aug 20, 2021
$50,000
$40,000 by Greeneville Federal Bank Fsb
Mortgage
237 Magnolia Drive has been categorized by the local assessors in Bristol, VA as a residential type of property. The building on the property was first built in 1961 and is 63 years old. The home has a total of 4 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 237 Magnolia Drive has 1,022 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 13,559 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a mixed used garage for those who require parking. The garage measured 328 sqft. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C- by the local assessor. The building has a gable style roof made of composition shingle. The exterior walls of the building are made of alum/vinyl siding. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a heat pump and being fueled with electricity. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. The property was last sold in Jul 8, 2021 for $50,000. That's $48.92 per sqft. 237 Magnolia Drive was last assessed in 2023. The total value of the property was assessed at $71,300. Specifically, the land the property is located on was valued at $12,500. While improvements on the property were assessed at a total of $58,800. 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 $834. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. 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: 1961
  • Effective Year Built: 1961
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C-
  • Construction Type: Frame
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Mixed use
  • Garage Square Area: 328
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 13,559
  • Total Building Area: 1,022
  • Building Area: 1,022
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 1,022
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: WEST BRISTOL HTS
  • Land Acres: 0.311
  • Standard Land Use Code: Single family residential
  • Legal Description 1: WBH LOT 5 BLK 20,

Ownership

  • Current Owner : HOUSERS RENOVATION & DESIGN LLC
  • Previous Owner : SIMPSON D DAVID D
  • Previous Owner 2: SIMPSON DIANA
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Bristol City Public Schools
  • Census Tract: 020100

Geography

  • Assessors Map Reference: MB1-44A
  • Account Number: 349810
  • Parcel: 14 420 5
  • Block: 20
  • Lot: 5
  • Latitude: 36.6079
  • Longitude: -82.1992

    Address

  • Full Address: 237 Magnolia Dr
  • Address - House Number: 237
  • Address - Street Name: Magnolia
  • Address - Suffix Type: Dr
  • State: VA
  • City Name: Bristol
  • Carrier Code: C010
  • 4-Digit Zip Code: 2515
  • Zip Code: 24201

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $834

    Appraisal Valuation

  • Standard Deviation: 0.1321
  • Valuation Date: Sep 21, 2023
  • Confidence Score: 73
  • Final Value: 105,062
  • High Value: 118,946
  • Low Value: 91,177

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $40,000
  • First Open Lien Mortgage Lender: GREENEVILLE FEDERAL BANK FSB
  • First Open Lien Mortgage Recording Date: Aug 20, 2021
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $40,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Market Valuation

  • Market Total Value: $71,300
  • Market Land Value: $12,500
  • Market Improvement Value: $58,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $71,300
  • Assessed Land Value: $12,500
  • Assessed Improvements Value: $58,800

    Sales

  • Current Sale Contract Date: Jul 08, 2021
  • Current Sale Recording Date: Aug 20, 2021
  • Current Sale Transaction ID: 11850769113
  • Current Sale Price: $50,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 210001845

    Last Sale Mortgage

  • First Mortgage Lender: GREENEVILLE FEDERAL BANK FSB
  • First Mortgage Transaction Date: Aug 20, 2021
  • First Mortgage Loan Amount: $40,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Credit Line (Revolving)

    Financing

  • First Mortgage Financing Type: Variable

About Bristol



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Frequently Asked Questions

What neighborhood is 237 Magnolia Drive located in?
The 237 Magnolia Drive is a located in the neighborhood of Bristol in Bristol, Bristol.
What is the average sales price for listings in 237 Magnolia Drive?
The average sales price for units in 237 Magnolia Drive is $0 currently.

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