Seller's Agent in 2015
Jason Fountain
VRC PROPERTIES LLC
(540) 354-6456
57 Total Sales
100 6th St New Castle, VA 24127
--
Bed
--
Bath
20,064
Sq Ft
2.4
Acres
Highlights
- River View
- No HOA
- Baseboard Heating
- Stream or River on Lot
About This Home
As of November 201524 units in New Castle, Virginia. Built in 1993. Strong rental history. Features three garden buildings with eight spacious 2-bedroom/1-bath units each. Each unit includes washer/dryer hook-ups, large living room, and private balcony. All utilities separately metered. Current rents average $440. Manager's leasing office could easily become 25th unit. Excess land for additional expansion.
Last Agent to Sell the Property
VRC PROPERTIES LLC License #0225077081 Listed on: 07/14/2015
Property Details
Home Type
- Apartment
Est. Annual Taxes
- $3,770
Year Built
- Built in 1993
Lot Details
- 2.4 Acre Lot
- Lot Dimensions are 323 x 323
Parking
- 30 Parking Spaces
Property Views
- River
- Mountain
Home Design
- 20,064 Sq Ft Home
- Slab Foundation
Outdoor Features
- Stream or River on Lot
Schools
- Mccleary Elementary School
- Craig County Middle School
- Craig County High School
Utilities
- Window Unit Cooling System
- Baseboard Heating
- Electric Water Heater
Listing and Financial Details
- Tenant pays for electricity
Community Details
Overview
- No Home Owners Association
- 24 Units
Building Details
- 23 Leased Units
- Operating Expense $47,406
- Gross Income $126,880
- Net Operating Income $66,787
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Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/18/2015 11/18/15 | Sold | $805,000 | -10.5% | $40 / Sq Ft |
| 08/19/2015 08/19/15 | Pending | -- | -- | -- |
| 07/14/2015 07/14/15 | For Sale | $899,000 | -- | $45 / Sq Ft |
Source: Roanoke Valley Association of REALTORS®
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $4,475 | $860,600 | $75,000 | $785,600 |
| 2024 | $4,475 | $860,600 | $75,000 | $785,600 |
| 2023 | $5,322 | $844,800 | $60,000 | $784,800 |
| 2022 | $5,037 | $799,500 | $60,000 | $739,500 |
| 2021 | $5,037 | $799,500 | $60,000 | $739,500 |
| 2020 | $4,717 | $799,500 | $60,000 | $739,500 |
| 2019 | $4,717 | $799,500 | $60,000 | $739,500 |
| 2018 | $4,717 | $799,500 | $60,000 | $739,500 |
| 2016 | $3,720 | $664,200 | $60,000 | $604,200 |
| 2014 | $3,720 | $664,200 | $60,000 | $604,200 |
Source: Public Records
Agents Affiliated with this Home
-
Jason Fountain
Map
Source: Roanoke Valley Association of REALTORS®
MLS Number: 817266
APN: 47-A3- 1- 8- 1
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