NOT LISTED FOR SALE

0 Cassell Ln Unit 802815 Bedford, VA 24523

-- Bed
-- Bath
28,040 Sq Ft
5.8 Acres

Last Sold July 01, 2015

Last sale price $1,550,000 $55 Per Sq Ft

351 Days on Market

About This Home

As of July 2015

Sale includes 20 units total-10 buildings each w/2 townhouse units. All 20 units are 3BR-2ba. Ten units have full basements, 10 units are on slabs. Addresses are 1502 through 1521 Cassell Lane. The finished area per unit is 1452+/-Sq.ft. For 10 units with basements, basement is additional 810+/-Sq.ft. Note: Information obtained from Bedford GIS -BRING OFFERS

Last Agent to Sell the Property

Boyd Temple

WAINWRIGHT & CO., REALTORS(r)- LAKE License #0225025139 Listed on: 04/14/2014

Last Buyer's Agent

Dana Walker

EDWIN C HALL ASSOCIATES INC License #0225166943

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,968

Year Built

  • Built in 2003

Lot Details

  • 5.8 Acre Lot

Parking

  • 40 Parking Spaces

Home Design

  • 28,040 Sq Ft Home
  • Brick Exterior Construction

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Schools

  • Bedford Elementary School
  • Liberty High School

Utilities

  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Tenant pays for all utilities
  • Month-to-Month Lease Term
  • Tax Lot 14-23

Community Details

Overview

  • No Home Owners Association
  • 20 Units

Building Details

  • 20 Leased Units
  • Insurance Expense $7,353
  • Maintenance Expense $6,930
  • Manager Expense $28,800
  • New Taxes Expense $18,968
  • Operating Expense $62,051
  • Gross Income $187,105
  • Net Operating Income $125,054

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,968

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Heating System: Heat Pump Electric
  • Type: Multi-Family
  • Has Basement: Walkout - Full
  • Cooling System: Heat Pump Electric
  • ExpensesManagementExp: 28800.00
  • ExpensesTaxExp: 18968.00
  • Major Area: 06 - Bedford County
  • NumberLeasedUnits: 20.00
  • NumberUnfurnished: 20.00
  • NumberVehicleSpaces: 40.00
  • Hoa2 Or Poa: No
  • RatifiedContractDt: 2015-03-31
  • SubdivisionMap: Shady Knoll 42-186
  • TotalAnnualExpen: 62051.00
  • Water Class: N/A
  • Water Heater Energy: Electric
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement YN: Yes

Garage/Parking

  • Parking Description: Private (10 or More)

Utilities

  • Sewer Description: Public Sewer
  • Water Description: Public Water
  • Water Heater Type: Tank

Schools

  • Elementary School: Bedford
  • High School: Liberty High

Lot Info

  • Lot Dimensions: Irregular
  • Property Group Id: 19990816212116581394000000
  • Total Acreage: 5.80
  • Lot: 14-23
  • Present Use: Built-As
  • ZoningCode: R2

Building Info

  • Year Built: 2003

Tax Info

  • Taxes (6 mo): 18968.00
  • FILLTAXID: 176-A-14, plus 29 more Tax ID #s

Multi Family

  • Lease Type: Month-to-Month, One Year
  • Tenant Pays: All Utilities
  • Units In Building: 20.00
  • Multi Family Type: Other - See Remarks

MLS Schools

  • Elementary School: Bedford
  • HighSchool: Liberty High

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2015 07/01/15 Sold $1,550,000 -13.6% $55 / Sq Ft
03/31/2015 03/31/15 Pending -- -- --
04/14/2014 04/14/14 For Sale $1,795,000 -- $64 / Sq Ft
Source: Roanoke Valley Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 802815

Roanoke Valley Association of REALTORS®