7 months on rocket

245 Reservoir St, Bristol, VA, 24201

$39,985

Home List Price

$475*

Closing Credit

1 Bedroom
1 Full Bath
826 SqFt
$48/SqFt
House
Schools Nearby

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

245 Reservoir St, Bristol$39,985

Buyer Closing Credits

$475*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
Year Built1966
HeatingBaseboard
CoolingNone
MLS #9957529
Lot Size0.15 Acres
StatusActive

About 245 Reservoir St

Investor or Handyman Special. This fixer upper has potential. It has updated electrical, plumbing and replacement windows but will need some TLC to bring back to it's best shape. Low traffic dead end road in the heart of Bristol just minutes to downtown, schools, shopping and dining. This property is being sold AS IS with no repairs to be made. Buyer will be responsible to turn utilities on for any inspections. Good ARV potential with recent comparable just closed across the street at 270 Reservoir. Looking for your next project? This could be it. Buyer/Buyer's Agent to verify all information.

Property Details

Property Features

Property Information:

  • Architectural Style: Cottage
  • Year Built: 1966
  • Living Area: 826 SqFt

Listing Office:

  • Office Name: REMAX Results Bristol
  • Office Phone: (423) 793-1130
  • Listing Agent: Josh Taylor

Interior Features

Interior Information:

  • Appliances: Electric Range, Refrigerator

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Lot Features

Lot Information:

  • Lot Size: 0.15 Acres

Utilities

Utilities Information:

  • Heating: Baseboard
  • Cooling: None

School Info

Assigned Schools Information:

  • Virginia High School, Public District Grades 9-12
  • Virginia Middle School, Public District Grades 6-8
  • Joseph Van Pelt Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: Take ML King parkway to Left on East Mary St, Left on Reservoir St home on right see sign.

Price Information

Listing Price Info

Price Summary:

  • List Price: $39,985
  • Price Per SqFt: $48/SqFt

Tax Information:

  • Annual Amount: $249
  • Tax Year: 2021
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

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

Map thumbnail provided by MapBox

Bristol, VA

City

Med. Sold Price

$214K

Med. Price/SqFt

$140

Avg. Days On Market

66

# of Sold Homes

34

245 Reservoir St vs Bristol

213 DAYS ON ROCKET

+147 Days

$39,985

-$174K Less

$48/SqFt

-$92 Less

KEY TAKEAWAY

This property is $174K less than the Median Sold Price and $92/SqFt less 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: #9957529

Listing Office:

  • Office Name: REMAX Results Bristol
  • Office Phone: (423) 793-1130
  • Listing Agent: Josh Taylor

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 Homefront.com 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: 4/29/2024, 10:20:22 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jan 14, 2009Home Sold
$26,100

Tax History

YEARPROP. TAXASSESSMENT
2021$249$22,200
2018$245$21,300
2017$245$21,300

History based on county public records data.

Payment Calculator

$267

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$186

Powered By

Rocket Mortgage

Advertisement

NMLS#3030

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.

Elementary School

school-card-donut-3376016
6
/10

  • Joseph Van Pelt Elementary School

  • 200 Spring Hill Ter

  • 2.43 miles

  • Public District Grades PK-5

Middle School

school-card-donut-3376017
5
/10

  • Virginia Middle School

  • 501 Piedmont Ave

  • 1.15 miles

  • Public District Grades 6-8

High School

school-card-donut-3376018
4
/10

  • Virginia High School

  • 1200 Long Crescent Dr

  • 1.49 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $23,420. Typical income of Bristol, VA residents is less than $35k annually. Most 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 245 Reservoir St

What is the listing price of this property?

The listing price of 245 Reservoir St property is $39,985.

What type of property is this?

The property 245 Reservoir St is a house located in Bristol, Virginia, 24201.

Is this property for sale now?

Active Listing: 245 Reservoir St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 245 Reservoir St are:
Joseph Van Pelt Elementary School: GreatSchools Rating 6/10
Virginia Middle School: GreatSchools Rating 5/10
Virginia High School: GreatSchools Rating 4/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $249 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on January 14, 2009 for $26,100. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 245 Reservoir St has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 245 Reservoir St is 826 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 245 Reservoir St is 1966.

Rocket Homes›Virginia›Bristol›24201›245 Reservoir St

This home is located at 245 Reservoir St in Bristol, VA and zip code 24201. This 826 square foot home, which was built in 1966, sits on a 0.15 acre lot. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since September 29, 2023 and is currently priced at $39,985.

Over 3 listings were sold over their listed price in March 2024 in Bristol, VA. In the same period over 25 listings were sold below the listed price and 6 listings were sold for the listed price. Between February 2024 and March 2024, Bristol, VA real estate market has seen increase in the number of listings by 27.7%. While the average time on the market in March 2024 was 66 days, the median list price was $214,000.

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

More Resources