1 month on rocket

533 Island Rd, Bristol, VA, 24201

$259,900

Home List Price

$3,086*

Closing Credit

3 Bedrooms
2 Full Baths
1,735 SqFt
$150/SqFt
House

Location

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533 Island Rd, Bristol$259,900

Buyer Closing Credits

$3,086*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAsphalt
Garage2 spaces
Year Built1949
HeatingHeat Pump
CoolingHeat Pump
MLS #9972698
Lot Size3.39 Acres
StatusActive

About 533 Island Rd

PRICE REDCUTED!! Opportunity awaits--- for investors and potential homeowners alike, seeking a dwelling on a LARGE 3+ acre lot just minutes from amenities, Bristol Regional Medical Center, and the Hard Rock Hotel and Casino! This 3 bedroom, 2 bath cottage has potential to be your ONE LEVEL LIVING at it's finest! First impressions are good--- a good sized home with a 2 car detached garage, asphalt driveway, HUGE yard with mature fruit trees, etc. In addition, there is a separate building with sizable square footage that was once used for worship services and includes bathroom and kitchen area. An interesting find in a PRIME location, zoned B-1, that could continue to be exactly what it is now, or could also support a multi-family scenario. Whether you're seeking the lot/ land for development--- or you're seeking a potential fixer, this one is a must-see!

Property Details

Property Features

Property Information:

  • Architectural Style: Cottage
  • Year Built: 1949
  • Living Area: 1,735 SqFt

Listing Office:

  • Office Name: Prestige Homes of the Tri Cities, Inc.
  • Office Phone: (423) 217-0346
  • Listing Agent: Rebecca Arnold

Interior Features

Interior Information:

  • Basement: No
  • Flooring Type: Carpet, Hardwood, Vinyl

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Asphalt

Lot Features

Lot Information:

  • Lot Size: 3.39 Acres

Utilities

Utilities Information:

  • Heating: Heat Pump
  • Cooling: Heat Pump

Other

Directions Information:

  • Directions: .From West State Street, turn onto Gate City Hwy. From Gate City Hwy take Island Rd. property will be .08 miles on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $259,900
  • Price Per SqFt: $150/SqFt

Tax Information:

  • Annual Amount: $1,196
  • Tax Year: 2021
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Housing Market Comparison

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

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Bristol, VA

City

Med. Sold Price

$215.3K

Med. Price/SqFt

$135

Avg. Days On Market

60

# of Sold Homes

31

533 Island Rd vs Bristol

56 DAYS ON ROCKET

-4 Days

$259,900

+$44.5K More

$150/SqFt

+$14 More

KEY TAKEAWAY

This property is $44.5K more than the Median Sold Price and $14/SqFt more than other homes in Bristol, VA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Tennessee/Virginia Regional MLS
  • MLS Number: #9972698

Listing Office:

  • Office Name: Prestige Homes of the Tri Cities, Inc.
  • Office Phone: (423) 217-0346
  • Listing Agent: Rebecca Arnold

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: 12/22/2024, 8:21:04 AM 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
2021$1,196$106,800
2018$758$81,800
2017$759$81,800

History based on county public records data.

Payment Calculator

$1,365

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$846

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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-922112
6
/10

  • Stonewall Jackson Elementary School

  • 2045 Euclid Ave

  • 1.84 miles

  • Public District Grades PK-5

school-card-donut-922113
5
/10

  • Anderson Elementary School

  • 901 9th St

  • 2.90 miles

  • Public District Grades PK-5

school-card-donut-922114
7
/10

  • Valley Institute Elementary School

  • 4350 Gate City Hwy

  • 3.02 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $38,971. Residents of Bristol, VA typically earn between $35k-100k each year. The majority of families are single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 533 Island Rd

What is the listing price of this property?

The listing price of 533 Island Rd property is $259,900.

What type of property is this?

The property 533 Island Rd is a house located in Bristol, Virginia, 24201.

Is this property for sale now?

Active Listing: 533 Island 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 2021 is $1,196 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 533 Island Rd has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 533 Island Rd is 1,735 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 533 Island Rd is 1949.

Rocket Homes›Virginia›Bristol›24201›533 Island Rd

This home is located at 533 Island Rd in Bristol, VA and zip code 24201. This 1,735 square foot home, which was built in 1949, sits on a 3.39 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 26, 2024 and is currently priced at $259,900.

In November 2024, from all listings sold in Bristol, VA there were more than 3 sold above asking price, over 21 sold below and more than 7 were sold right at the asked price. The number of homes for sale in Bristol, VA increased by 3.5% between October 2024 and November 2024. The median list price of listings available in November 2024 was $215,333, while the average time on the real estate market was 60 days.

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

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