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$169,000
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650 Matson Dr
Marion, VA 24354
7 bed 4 bath 2,221 SqFt ($76/SqFt)
2.97 acre lot. Built 1920
Listed 2024-04-01, Taxes $498
USDA Eligible
near Marion, VA
 Restrictions may apply
due to home size

Latest Value Estimates: $114,853 from Quantarium on 2024-04-03. $129,700 from CoreLogic on 2024-03-04. $135,000 from Collateral Analytics on 2024-03-14. Forecast Estimate Value:$119,970 in 2025-04-01 by Quantarium.

A perfect investment property

With 2/3 hmes occu pied with renters. Properties are as is condition, no inspections.

Motivated seller!


Presented by Courtney Umbarger at
Uptown Properties LLC.
Listing Agent Photo

Property MLS #93166 from SouthWestVA

Bedrooms: 7

Laundry Features: Main Level

Full Bathrooms: 4

Interior Amenities: Carpet Floors, Dry Wall, Paneling

Heating Features: Forced Air
Water Heaters: Electric

Shed

Lot Description: Appointment Only, Lock Box Occupied, Schedule Through Navica, 24 Hour Notice
Lot Size Acres: 2.97
Lot Size Square Feet: 129373

Elementary School: Marion Elementary
High School: Marion Senior
Middle School: Marion

Marion Middle School is a public middle school located approximately 0.6 miles away.
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Marion Senior High School is a public high school located approximately 0.7 miles away.
directions icon Map directions

Marion Elementary is a public elementary school located approximately 1 miles away.
directions icon Map directions

Gross Income: 1850.00

Number of Units: 3
Number of 1 Bedroom Units: 1
Number of 2 Bedroom Units: 1
Number of 4 Bedroom Units: 1
Total Bathrooms in the 1 Bedroom Units: 1
Total Bathrooms in the 2 Bedroom Units: 1
Total Bathrooms in the 4 Bedroom Units: 2
Total Actual Rent of 1-Bedroom Units: 462.50
Total Actual Rent of 2-Bedroom Units: 462.50

Annual Tax Amount: 612.43
Source Listing Status: Active
County: Smyth
Directions: I81 Take exit 45, turn left onto Route 16. Turn left onto Matson Drive and the homes are on the right.
Tax Year: 2023
Source Property Type: Residential Income
Area: Marion
Zoning: R1
Property Features: Multiple Buildings
Property Subtype: Multi-Family Other
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$47,300 + $20,000
$67,300
$498
2021$47,300 + $20,000
$67,300
$498
2020$47,300 + $20,000
$67,300
$498
2019$47,300 + $20,000
$67,300
$498
2018$47,300 + $20,000
$67,300
$498
2017$47,300 + $20,000
$67,300
$498
2016$47,300 + $20,000
$67,300
$498
2015$47,300 + $20,000
$67,300
$498
2014$47,300 + $20,000
$67,300
$498
2013$47,300 + $20,000
$67,300
$498
2012$48,200 + $20,000
$68,200
$504
2010$48,200 + $20,000
$68,200
$470

Price Changed 2024-04-05
$169,000
SouthWestVA
Listed 2024-04-01
$179,999
SouthWestVA
Listing removed 2017-12-02
$0
SouthWestVA
Listing removed 2017-12-02
$0
TNVARegionalMLS
Relisted 2017-11-20
$75,000
SouthWestVA
Listing removed 2017-08-24
$75,000
SouthWestVA
Relisted 2017-08-24
$75,000
TNVARegionalMLS
Listing removed 2017-07-01
$75,000
TNVARegionalMLS
Listing removed 2017-01-24
$75,000
SouthWestVA
Price Changed 2017-01-24
$75,000
TNVARegionalMLS
Relisted 2016-12-13
$79,900
TNVARegionalMLS
Relisted 2016-12-13
$79,900
SouthWestVA
Listing removed 2016-12-11
$79,900
TNVARegionalMLS
Listing removed 2016-08-10
$79,900
SouthWestVA
Relisted 2016-08-10
$79,900
TNVARegionalMLS
Listing removed 2016-08-06
$79,900
TNVARegionalMLS
Listing removed 2016-05-19
$79,900
SouthWestVA
Listed 2016-02-24
$79,900
TNVARegionalMLS
Listed 2016-02-22
$79,900
SouthWestVA

Net Operating Income: 1850.00

Total Square Feet Living: 2221
Year Built: 1920
Building Exterior Type: Vinyl Siding
Foundation Details: Block
Property Age: 104
Roof: Metal
Total Above Grade Sqft Area: 2221
Total Unfinished Area: 176

Electric: Master Meters
Sewer: Public Sewer, Septic System
Water Source: Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.