Check Availability

503 West Main Street

503 West Main Street, Saltville, VA 24370
Property in Smyth
Sold Aug 29, 2022
$45,000
Sold Apr 16, 2020
$40,000
$32,000 by National Bank Of Blackburg
Mortgage
Local assessors in Saltville, VA have categorized 503 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 7,410 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 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 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 503 West Main Street has a total of 1,652 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. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 240 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Moving onto specific details regarding the building. Our sources show that the building condition is average. The building has a gable style roof. The home's a forced air unit is the primary heating source. 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, 503 West Main Street was last sold in Aug 26, 2022 for $45,000. According to our calculations, that's $20.98 per sqft. Prior to that sales transaction, the property was sold for $40,000 in Apr 15, 2020. Current property owners are expected to pay $312 in taxes per year. The property on 503 West Main Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $42,200. To break that down further, the land itself was valued at $5,000. While improvements to the property were assessed at a total of $37,200. 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. 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!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: 1940
  • Effective Year Built: 1940
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Roof Shape Type: Gable
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 493
  • Garage Type: Garage
  • Garage Square Area: 240
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 7,410
  • Lot Size Frontage Feet: 0
  • Total Building Area: 2,145
  • Building Area: 1,652
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,652
  • 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: PL A LOT 17 28A112 17

Ownership

  • Current Owner : DRAKE SARA KATHLEEN
  • Current Owner 2: POPIOLEK MARIE D
  • Previous Owner : LEE HEATH DANNY
  • Owner Before Previous Owner: THE ESTATE OF NADINE P CHAPMAN
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Smyth County Public Schools
  • Census Tract: 030200

Geography

  • Assessors Map Reference: MB176 PG45
  • Account Number: 33880
  • District: 0S
  • Parcel: 28A11-2-17
  • Lot: 17
  • Municipality: TOWN OFSALTVILLE
  • Latitude: 36.874
  • Longitude: -81.7729

    Address

  • Full Address: 503 W Main St
  • Address - House Number: 503
  • Street Direction: W
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: VA
  • City Name: Saltville
  • Carrier Code: R004
  • 4-Digit Zip Code: 3441
  • Zip Code: 24370

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $312

    Appraisal Valuation

  • Standard Deviation: 0.4424
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 11
  • Final Value: 106,293
  • High Value: 153,325
  • Low Value: 59,260

    Market Valuation

  • Market Total Value: $42,200
  • Market Land Value: $5,000
  • Market Improvement Value: $37,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $42,200
  • Assessed Land Value: $5,000
  • Assessed Improvements Value: $37,200

    Sales

  • Current Sale Contract Date: Aug 26, 2022
  • Current Sale Recording Date: Aug 29, 2022
  • Current Sale Transaction ID: 11895561842
  • Current Sale Price: $45,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 2193
  • Previous Sale Recording Date: Apr 16, 2020
  • Previous Sale Contract Date: Apr 15, 2020
  • Previous Sale Amount: $40,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: NATIONAL BANK OF BLACKBURG
  • Previous Mortgage Transaction Date: Apr 16, 2020
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $32,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About Saltville



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 503 West Main Street located in?
The 503 West Main Street is a located in the neighborhood of Smyth in Saltville, Saltville.
What is the average sales price for listings in 503 West Main Street?
The average sales price for units in 503 West Main Street is $0 currently.

Quantcast