Closed

$245,000

503 5th St, Grottoes, VA 24441

3beds

1,098sqft

Single Family Residence

Built in 1935

0.28 Acres Lot

$279,900 Zestimate^®

$223/sqft

$1,703 Estimated rent

Home value

$279,900

$266,000 - $294,000

$1,703/mo

Zestimate^® history

Owner options

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$1,703/mo

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$1,703/mo

Rent Zestimate^®

Refinance and save

$1,502/mo

Est. payment

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$1,502/mo

Est. payment

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What's special

Simple one-level living, this charming bungalow home is ready for it's next owners! Perched on a quiet street in the town of Grottoes, this home features two large decks, upgraded engineered hardwood floors throughout, large exterior storage shed, & a large, flat (mostly fenced-in) back yard. Roof replaced in 2010. Brand New Hot Water Heater. Recent HVAC Health Report completed August 2024. Owner/Agent.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2

Heating

Central, Heat Pump

Cooling

Central Air, Heat Pump

Features

Primary Downstairs
Has basement: No

Interior area

Total structure area: 2,196
Total interior livable area: 1,098 sqft
Finished area above ground: 1,098
Finished area below ground: 0

Property

Features

Levels: One
Stories: 1

Lot

Size: 0.28 Acres

Details

Parcel number: 160D3(2)B111 L2
Zoning description: R-2 Residential

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Stick Built
Foundation: Block

Condition

New construction: No
Year built: 1935

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Cable Available, High Speed Internet Available, Other, Satellite Internet Available

Community & HOA

Community

Security: Surveillance System
Subdivision: NONE

HOA

Has HOA: No

Location

Region: Grottoes

Financial & listing details

Price per square foot: $223/sqft
Tax assessed value: $124,500
Annual tax amount: $635
Date on market: 8/12/2024
Cumulative days on market: 28 days
Exclusions: washer/dryer

Price history

Date	Event	Price
9/25/2024	Sold	$245,000-2%$223/sqft
Source: CAAR #655797 Report a problem
8/26/2024	Pending sale	$249,900$228/sqft
Source: HRAR #655797 Report a problem
8/12/2024	Listed for sale	$249,900+66.6%$228/sqft
Source: HRAR #655797 Report a problem
5/6/2024	Sold	$150,000+4.9%$137/sqft
Source: Public Record Report a problem
5/13/2016	Sold	$143,000$130/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$847	$124,500
2023	$847	$124,500
2022	$847 +29.1%	$124,500 +40.5%
2021	$656	$88,600
2020	$656	$88,600
2019	$656	$88,600
2018	$656 +12%	$88,600 +6%
2017	$585	$83,600
2016	$585 +4.5%	$83,600
2015	$560 +4.7%	$83,600
2014	$535	$83,600 -1.9%
2013	--	$85,200
2012	--	$85,200
2011	--	$85,200
2010	--	$85,200