205 N CENTRAL AVE
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Location
205 N CENTRAL AVE
Acct#
5876
Owner
MAGNOLIA WEALTH LLC
Total Market Value
$857,500
PID
5876
Building Count
1
Legal Description
TRACT 2-B
Historic Dist
Zoning
B2
Map Number
342
Subdivision
NO SUBDIVISION
Current Value
Assessment
Valuation YearImprovementsLandTotal
2025$647,700$209,800$857,500

Owner of Record
OwnerMAGNOLIA WEALTH LLC
Co-Owner
Address41 JACKSON RIDGE LN
GREENVILLE, VA 24440
Sale Price$825,000
Certificate
Book & Page 250002265/0
Sale Date10/02/2025
Instrument01

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
MAGNOLIA WEALTH LLC$825,000 250002265/00110/02/2025
F & M BANK-MASSANUTTEN$800,000 000002938/00108/24/2000
WACHOVIA BANK, N.A.$0 0409/00540009/04/1998
JEFFERSON NATIONAL BANK$0 0212/02210001/01/1900
OLD DOMINION SAVINGS & LOAN$0 0000/00000001/01/1900

Building Information
Building 1 : Section 1
Year Built: 1979
Living Area: 4,452
Replacement Cost
Less Depreciation:
$493,900
Building Attributes
FieldDescription
Style:Banks
ModelComm/Ind
GradeC Level 5
Stories: 
SF Bsmt2892.00
Exterior Wall 1Brick Veneer
Exterior Wall 2 
Roof StructureGable
Roof CoverComp Shingle
Interior Wall 1Drywall
Adjustment 
Interior Floor 1Cpt/Vinyl
Occupancy 
Heating FuelElectric
Heating TypeHeat Pump
AC TypeCentral
FoundationConc Slab
Bldg UseBanks
Total Rooms0
Total Bedrms0
Total Baths0
Half Baths2
Bsmt TypeFull
1st Floor Use: 
Attic TypeN/A
Frame TypeCinderblock
Attic SF0
Ceiling/Wall 
Rooms/Prtns 
Wall Height0.00
% Comn Wall 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 2,892 2,892
FUSFinished Upper Story 1,560 1,560
BSMBasement 2,892 0
CANCanopy 676 0
   8,020 4,452

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
FBMSF Fin Bsmt2892.00 S.F.$121,5001

Land
Land Use
Use Code224
DescriptionBanks  
ZoneB2
NeighborhoodCEN BUS DIST
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)1.20
Frontage
Depth
Total Market Land$209,800

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
DRV1Asphalt Driveway  25800.00 SF$32,3001
Valuation History
Assessment
Valuation YearImprovementsLandTotal
2025$647,700$209,800$857,500
2024$585,300$209,800$795,100
2023$585,300$209,800$795,100

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