NOT LISTED FOR SALE

1000 Ivanhoe Ave Waynesboro, VA 22980

Estimated Value: $308,000 - $467,462

3 Beds
3 Baths
2,135 Sq Ft
$172/Sq Ft Est. Value

Last Sold October 31, 2023

Last sale price $430,000 $201 Per Sq Ft

Est. 15% decrease in value since last sale

Current estimated payment $2,166/month

36 Days on Market

Highlights

  • Central Air
  • Stacked Washer and Dryer
  • Heat Pump System

About This Home

As of October 2023

Calling all investors! Fantastic opportunity to jump in as a first-time investor, or add to your existing portfolio with this beautifully updated, turnkey tri-plex in Waynesboro. All tenants on annual leases, Gross Annual rent of $36,600 - Fully occupied. APTS 1 and 3 fully renovated with new tenants. APT2 tenant has been there 3+ years. Tenants pay all utilities (Electric, Water/Sewer, Trash). Off street parking for all tenants, Central Heat/Air, Roof replaced about 10 years ago (Architectural Shingle). Additional multi-family listings hitting the market this week, contact listing agent for more info!

Last Agent to Sell the Property

JENNY MITCHELL

EXP REALTY LLC License #225223083 Listed on: 08/15/2023

Last Buyer's Agent

NONMLSAGENT NONMLSAGENT

NONMLSOFFICE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,494

Year Built

  • Built in 1971

Lot Details

  • 1,742

Home Design

  • 2,135 Sq Ft Home
  • Triplex
  • Brick Exterior Construction
  • Vinyl Siding

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Schools

  • William Perry Elementary School
  • Kate Collins Middle School
  • Waynesboro High School

Utilities

  • Central Air
  • Heat Pump System

Additional Features

  • Stacked Washer and Dryer
  • 1,742 Sq Ft Lot

Community Details

  • 3 Units

Listing and Financial Details

  • Tenant pays for electricity, sewer, trash collection, water
  • Assessor Parcel Number 5806

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,494

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Type: Residential
  • Parcel Number: 5806
  • Property Sub Type: Triplex
  • LotSizeAcres: 0.04
  • Road Frontage Type: Public Road
  • Co List Office Mls Id: 12219
  • Subdivision Name: NONE
  • PropertySubTypeAdditional: Triplex,Multi Family
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Electric Range, Microwave, Refrigerator
  • Living Area: 2135.0

Exterior Features

  • Roof: Architectural, Composition, Shingle
  • Construction Type: Brick, Vinyl Siding
  • Foundation Details: Brick/Mortar

Utilities

  • Heating: Heat Pump
  • Utilities: Cable Available, Other
  • Sewer: Public Sewer
  • Laundry Features: Stacked
  • Cooling: Central Air, Heat Pump
  • Heating Yn: Yes
  • Water Source: Public

Schools

  • Elementary School: William Perry
  • Middle Or Junior School: Kate Collins

Lot Info

  • Land Lease Expiration Date: 2023-12-31
  • Zoning Description: RG-5 General Residential

Rental Info

  • Owner Pays: None
  • Tenant Pays: Electricity, Sewer, Trash Collection, Water
  • LeaseAmount: 36600.0

Building Info

  • Year Built: 1971

Tax Info

  • Year: 2023
  • Tax Annual Amount: 1493.8

Multi Family

  • Number Of Units Total: 3

MLS Schools

  • HighSchool: Waynesboro

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 14, 2024
Sold by
1000 Ivanhoe Llc
Bought by
Dudley Rentals Llc
Current Estimated Value
$367,616

Purchase Details

Closed on
Jan 13, 2023
Sold by
Mullins James Washington
Bought by
Bluestar Property Management Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,500
Interest Rate
6.48%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 9, 2021
Sold by
Mullins James Washington and Fitzgerald Gladys Ann
Bought by
Mullins James Washington and Mullins Charles Henry
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Dudley Rentals Llc -- Lakeside Title And Escrow Llc
Bluestar Property Management Llc $175,000 Stewart Title Guaranty Company
Mullins James Washington -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bluestar Property Management Llc $202,500
Closed Bluestar Property Management Llc $31,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2023 10/31/23 Sold $430,000 -1.3% $201 / Sq Ft
09/20/2023 09/20/23 Pending -- -- --
08/15/2023 08/15/23 For Sale $435,500 -- $204 / Sq Ft
Source: Charlottesville Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

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
2024 $1,833 $238,000 $33,500 $204,500
2023 $1,494 $194,000 $33,500 $160,500
2022 $1,426 $158,400 $30,000 $128,400
2021 $1,426 $158,400 $30,000 $128,400
2020 $1,111 $123,400 $30,000 $93,400
2019 $1,111 $123,400 $30,000 $93,400
2018 $1,000 $111,100 $30,000 $81,100
2017 $967 $111,100 $30,000 $81,100
2016 $950 $118,700 $30,000 $88,700
2015 $950 $118,700 $30,000 $88,700
2014 -- $128,000 $30,000 $98,000
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Charlottesville Area Association of REALTORS®

MLS Number: 644776

Charlottesville Area Association of REALTORS®

APN: 38-1-217-1