M
Seller's Agent in 2025
Mike Stivers
FLOYD REAL ESTATE INC.
(304) 657-3618
22 Total Sales
1042 Lemont Ct Fairmont, WV 26554
Estimated Value: $89,000 - $141,000
4
Beds
3
Baths
1,860
Sq Ft
$68/Sq Ft
Est. Value
Highlights
- Traditional Architecture
- Community Playground
- Public Transportation
- Neighborhood Views
- Park
- Shops
About This Home
As of May 2025Worried about the market? Smart investors know that investment rental properties that cash flow and appreciate over time is a great choice for retirement income. If you are considering investment rental properties or are looking to add to your present portfolio, here's an excellent opportunity! This is a 3 unit property with all 3 units occupied with happy tenants. Utilities are totally separate except for water but seller is currently paying the utilities. Furnaces and hot water tanks are all fairly new. Each tenant has their own laundry hookups as well! 24 hour notice is required for showings. Age of home and measurements are approx. SEE AGENT REMARKS.
Last Agent to Sell the Property
FLOYD REAL ESTATE INC. License #WV0028376 Listed on: 03/28/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,625
Year Built
- Built in 1950
Lot Details
- Lot Dimensions are 45x38x45x35
- Level Lot
Parking
- 3 Car Parking Spaces
Home Design
- Traditional Architecture
- Concrete Foundation
- Block Foundation
- Frame Construction
- Shingle Roof
- Block Exterior
- Stucco Exterior
Interior Spaces
- 1,860 Sq Ft Home
- 2-Story Property
- Neighborhood Views
- Fire and Smoke Detector
- Range
Flooring
- Wall to Wall Carpet
- Laminate
- Luxury Vinyl Plank Tile
Laundry
- Dryer
- Washer
Partially Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Exterior Basement Entry
Schools
- East Park Elementary School
- East Fairmont Middle School
- East Fairmont High School
Utilities
- Window Unit Cooling System
- Forced Air Heating System
- Heating System Uses Gas
- 100 Amp Service
- Gas Water Heater
- High Speed Internet
- Cable TV Available
Listing and Financial Details
- Security Deposit $1,000
- Assessor Parcel Number 40
Community Details
Overview
- 3 Units
Amenities
- Shops
- Public Transportation
Recreation
- Community Playground
- Park
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 14, 2018
Sold by
Morris Michael
Bought by
D And N Rentals Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,250
Interest Rate
4.22%
Mortgage Type
Commercial
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| D And N Rentals Llc | $85,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Plum Enterprises Llc | $150,000 | |
| Closed | D & N Rentals Llc | $210,643 | |
| Closed | D And N Rentals Llc | $72,250 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/23/2025 05/23/25 | Sold | -- | -- | -- |
| 03/28/2025 03/28/25 | For Sale | $169,900 | -- | $91 / Sq Ft |
Source: North Central West Virginia REIN
Tax History Compared to Growth
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 | $1,625 | $54,900 | $7,800 | $47,100 |
| 2023 | $1,625 | $52,680 | $7,800 | $44,880 |
| 2022 | $1,509 | $50,700 | $7,800 | $42,900 |
| 2021 | $1,447 | $49,140 | $8,400 | $40,740 |
| 2020 | $1,395 | $47,160 | $8,400 | $38,760 |
| 2019 | $1,291 | $43,020 | $6,480 | $36,540 |
| 2018 | $1,206 | $40,440 | $7,440 | $33,000 |
| 2017 | $1,084 | $36,660 | $7,500 | $29,160 |
| 2016 | $1,051 | $35,640 | $7,560 | $28,080 |
| 2015 | $1,113 | $35,220 | $8,400 | $26,820 |
| 2014 | $1,113 | $37,440 | $8,040 | $29,400 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: North Central West Virginia REIN
MLS Number: 10158644
APN: 05-3-00400000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Data provided by North Central WV Real Estate Information Network, Inc.
IDX information is provided exclusively for consumers’ personal non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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