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328 West Main Street

328 West Main Street, Marion, VA 24354
Property in Smyth
Sold Jun 05, 2006
$75,000
$84,500 by The Bank Of Marion
Mortgage Due Aug 01, 2024
Local assessors in Marion, VA have categorized 328 West Main Street as a residential type of property. The home was built in 1940 and is 84 years old. The property's lot size has been calculated to be 7,449 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 10 rooms in the home. Of these, 4 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 are 2 full bathrooms. There are also 2 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 328 West Main Street has a total of 2,366 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 municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Moving onto specific details regarding the building. Our sources show that the building condition is average. The building has a hip style roof that was made of composition shingle. Residents rely on central air conditioning for their cooling system. The home's a heat pump is the primary heating source. There are 2 fireplaces in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Jun 5, 2006 for $75,000. That's $19.71 per sqft. 328 West Main Street was last assessed in 2023. The total value of the property was assessed at $141,700. Specifically, the land the property is located on was valued at $15,000. While improvements on the property were assessed at a total of $126,700. 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 $1,049. 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: 1940
  • Effective Year Built: 1940
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Basement Type: Unspecified basement
  • Basement Area: 1,440
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,449
  • Lot Size Frontage Feet: 0
  • Total Building Area: 3,806
  • Building Area: 2,366
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 2
  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 2,366
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.17
  • Standard Land Use Code: Single family residential
  • Legal Description 1: W MAIN ST 1 LOT 209 112 55

Ownership

  • Current Owner : MAY JAMES T
  • Current Owner 2: MAY PENNY P
  • Previous Owner : WILSON KEVIN
  • Previous Owner 2: WILSON TIFFANY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Smyth County Public Schools
  • Census Tract: 030301

Geography

  • Account Number: 28665
  • District: 0M
  • Parcel: 209-112-55
  • Municipality: TOWN OF MARION
  • Latitude: 36.8304
  • Longitude: -81.5248

    Address

  • Full Address: 328 W Main St
  • Address - House Number: 328
  • Street Direction: W
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: VA
  • City Name: Marion
  • Carrier Code: C002
  • 4-Digit Zip Code: 2416
  • Zip Code: 24354

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,049

    Appraisal Valuation

  • Standard Deviation: 0.4424
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 11
  • Final Value: 196,937
  • High Value: 284,077
  • Low Value: 109,796

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $94,500
  • First Open Lien Mortgage Lender: THE BANK OF MARION
  • First Open Lien Mortgage Recording Date: Jun 05, 2006
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $84,500
  • First Open Lien Mortgage Term: 217
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2024
  • Second Open Lien Mortgage Lender: THE BANK OF MARION
  • Second Open Lien Mortgage Recording Date: Apr 13, 2012
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $10,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Market Valuation

  • Market Total Value: $141,700
  • Market Land Value: $15,000
  • Market Improvement Value: $126,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $141,700
  • Assessed Land Value: $15,000
  • Assessed Improvements Value: $126,700

    Sales

  • Current Sale Contract Date: Jun 05, 2006
  • Current Sale Recording Date: Jun 05, 2006
  • Current Sale Transaction ID: 1096102951
  • Current Sale Price: $75,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 060001750

    Last Sale Mortgage

  • First Mortgage Lender: THE BANK OF MARION
  • First Mortgage Transaction Date: Jun 05, 2006
  • First Mortgage Loan Amount: $84,500
  • First Mortgage Terms: 217
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Aug 01, 2024

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Marion



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Nearby Rentals

Unit for rent at

$1,920 /mo

  • 2 Beds
  • 2.5 Baths
Listing by Bryan Jarrell

Frequently Asked Questions

What neighborhood is 328 West Main Street located in?
The 328 West Main Street is a located in the neighborhood of Smyth in Marion, Marion.
What is the average sales price for listings in 328 West Main Street?
The average sales price for units in 328 West Main Street is $0 currently.

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