5 months on rocket

265 Flatwoods Rd, Marion, VA, 24354

$120,000

Home List Price

$1,425*

Closing Credit

3 Bedrooms
1 Full Bath
1,544 SqFt
$78/SqFt
House

Location

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265 Flatwoods Rd, Marion$120,000

Buyer Closing Credits

$1,425*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1874
HeatingCoal, Oil, Wood, Wood Stove
CoolingNone
BasementYes
FireplaceWood Burning Stove
MLS #9968745
Lot Size0.75 Acres
StatusActive

About 265 Flatwoods Rd

Discover a piece of history with this unique property! Originally the Lands Down Schoolhouse, built in 1874, this charming home was converted in the 1960s. Nestled just minutes from town and I-81, you'll be captivated by the breathtaking views of the majestic Blue Ridge Mountains. The location offers an array of recreational possibilities, with a stocked trout stream and designated fly fishing areas practically at your doorstep. Additionally, you'll have quick access to the Appalachian Trail, State parks like Hungry Mother and Grayson Highlands, and thousands of acres of National Forest. For adventure enthusiasts, the famous ''Back of the Dragon'' is mere minutes away. Step inside this property, and you'll be transported back in time, reflecting on the historic school and the families that transformed it into a warm and welcoming home. Renovations just begun on this property. It is a blank slate for you to bring this property to life by infusing your personal touches. Property is being sold as is , where is. Information is deemed reliable but not guaranteed. Buyer and buyers agent to verify.

Property Details

Property Features

Property Information:

  • Architectural Style: Farmhouse
  • Year Built: 1874
  • Living Area: 1,544 SqFt

Listing Office:

  • Office Name: Highlands Realty Bristol
  • Office Phone: (276) 644-4333
  • Listing Agent: Joe Robinson

Interior Features

Interior Information:

  • Basement: Yes
  • Flooring Type: Hardwood, Vinyl
  • Fireplace: Wood Burning Stove

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Enclosed Porch

Lot Features

Lot Information:

  • Lot Size: 0.75 Acres

Utilities

Utilities Information:

  • Heating: Coal, Oil, Wood, Wood Stove
  • Cooling: None

Other

Directions Information:

  • Directions: From I-81 N take exit 39. Turn onto Hwy 11 N for 2 miles. Turn Right on to Adwolfe Rd for 1.6 miles. Turn Left onto Thomas Bridge Rd 1.7 miles. Turn left onto South Fork Road .2 miles. Turn right onto Flatwoods Rd .4 miles. Property is on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $120,000
  • Price Per SqFt: $78/SqFt

Tax Information:

  • Annual Amount: $354
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Marion, VA.

Med. Sold Price

$175K

Med. Price/SqFt

$111

Avg. Days On Market

278

# of Sold Homes

2

265 Flatwoods Rd vs Marion

157 DAYS ON ROCKET

-121 Days

$120,000

-$55K Less

$78/SqFt

-$34 Less

KEY TAKEAWAY

This property is $55K less than the Median Sold Price and $34/SqFt less than other homes in Marion, VA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Tennessee/Virginia Regional MLS
  • MLS Number: #9968745

Listing Office:

  • Office Name: Highlands Realty Bristol
  • Office Phone: (276) 644-4333
  • Listing Agent: Joe Robinson

The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Tennessee Virginia Regional MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than this brokerl, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor this broker shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
Copyright© 2024 Tennessee Virginia Regional MLS. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/21/2024, 11:21:05 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$354$47,800
2018$329$44,500
2017$329$44,500

History based on county public records data.

Payment Calculator

$666

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$426

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-821315
3
/10
  • Oak Point Elementary School

  • 138 Oak Point Dr

  • 3.93 miles

  • Public District Grades PK-5

school-card-donut-821316
6
/10
  • Chilhowie Elementary School

  • 130 Lee Hwy

  • 6.36 miles

  • Public District Grades PK-5

school-card-donut-821317
8
/10
  • Marion Elementary School

  • 188 Star Mountain Dr

  • 6.46 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $34,737. Typical income of Marion, VA residents is less than $35k annually. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 265 Flatwoods Rd

What is the listing price of this property?

The listing price of 265 Flatwoods Rd property is $120,000.

What type of property is this?

The property 265 Flatwoods Rd is a house located in Marion, Virginia, 24354.

Is this property for sale now?

Active Listing: 265 Flatwoods Rd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $354 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 265 Flatwoods Rd has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 265 Flatwoods Rd is 1,544 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 265 Flatwoods Rd is 1874.

Rocket HomesVirginiaSmyth CountyMarion24354265 Flatwoods Rd

This home is located at 265 Flatwoods Rd in Marion, VA and zip code 24354. This 1,544 square foot home, which was built in 1874, sits on a 0.75 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since July 18, 2024 and is currently priced at $120,000.

In November 2024 more than 2 listings in Marion, VA were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 0 were sold below. Between October 2024 and November 2024, Marion, VA real estate market has seen decrease in the number of listings by 20%. In November 2024 median list price was $175,000 and the average listing age was 278 days.

From Rocket Homes Real Estate and based on county public records data.

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