NOT LISTED FOR SALE

1048 W Beverley St Staunton, VA 24401

Estimated Value: $537,570

-- Bed
2 Baths
2,521 Sq Ft
$213/Sq Ft Est. Value

Last Sold July 19, 2023

Last sale price $475,000 $188 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $3,177/month

103 Days on Market

About This Home

As of July 2023

Great Investment & Income Producing Property. The income for the 3 apartments averages $4,500 per month. This historic property has been renovated and features 3 furnished apartments and a total of 700 sq.ft. of office space. Offices on the first floor are ready to be leased. Nice paved parking with a 3 car garage (can be leased). Square footage does not include the 1,448 sq.ft. of unfinished basement which would be good for storage. Great location. Close to downtown. Don't miss out on this great investment opportunity!!!

Last Agent to Sell the Property

Kenny Sprouse

AMERICAN REAL ESTATE License #225184786 Listed on: 02/20/2023

Last Buyer's Agent

Sherry Andersen

NEST REALTY GROUP STAUNTON License #0225227878

NEST REALTY GROUP STAUNTON

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $2,483

Year Built

  • Built in 1870

Lot Details

  • 0.42 Acre Lot
  • Zoning described as B-1 Local Business

Home Design

  • 2,521 Sq Ft Home
  • Brick Exterior Construction
  • Slab Foundation
  • Poured Concrete

Schools

  • Bessie Weller Elementary School
  • Shelburne Middle School
  • Staunton High School

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Mounted In Outer Wall Opening

Additional Features

  • Electric Range
  • Front Porch

Community Details

  • 5 Units

Listing and Financial Details

  • The owner pays for insurance, sewer, water
  • Assessor Parcel Number 8620

Property Details

Property Type

Other

Est. Annual Taxes

$2,483

Year Built

Built in 1870

Lot Details

0

Listing Details

  • Property Type: Residential
  • Accessibility Features: Accessible Approach with Ramp
  • Parcel Number: 8620
  • Property Sub Type: Other
  • LotSizeAcres: 0.42
  • Road Frontage Type: Public Road
  • Subdivision Name: NONE
  • PropertySubTypeAdditional: Multi Family,Other
  • Special Features: None

Interior Features

  • Appliances: Electric Range, Refrigerator
  • Basement: Exterior Entry, Interior Entry, Unfinished
  • Living Area: 2521.0

Exterior Features

  • Roof: Metal, Other
  • Construction Type: Brick
  • Foundation Details: Poured, Slab
  • Patio And Porch Features: Front Porch, Porch, Side Porch

Utilities

  • Heating: Forced Air
  • Utilities: Cable Available
  • Sewer: Public Sewer
  • Cooling: Central Air, Wall Unit(s)
  • Heating Yn: Yes
  • Water Source: Public

Schools

  • Elementary School: Bessie Weller
  • Middle Or Junior School: Shelburne

Lot Info

  • Zoning Description: B-1 Local Business

Rental Info

  • Owner Pays: Insurance, Sewer, Water
  • LeaseAmount: 4500.0

Building Info

  • Year Built: 1870

Tax Info

  • Year: 2022
  • Tax Annual Amount: 2483.0

Multi Family

  • Number Of Units Total: 5

MLS Schools

  • HighSchool: Staunton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 12, 2022
Sold by
Kirby Stephen E and Kirby Deborah M
Bought by
Mc & Jc Llc
Current Estimated Value
$537,570

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Outstanding Balance
$278,470
Interest Rate
2.5%
Mortgage Type
New Conventional
Estimated Equity
$259,100
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mc & Jc Llc $300,000 Levin Whitney Jackson
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mc & Jc Llc $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/19/2023 07/19/23 Sold $475,000 0.0% $188 / Sq Ft
06/03/2023 06/03/23 Pending -- -- --
05/22/2023 05/22/23 Price Changed $475,000 -4.0% $188 / Sq Ft
05/11/2023 05/11/23 Price Changed $495,000 -1.0% $196 / Sq Ft
04/01/2023 04/01/23 Price Changed $499,900 +2.0% $198 / Sq Ft
02/20/2023 02/20/23 For Sale $489,900 -- $194 / 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
2025 $4,296 $472,070 $46,170 $425,900
2024 $2,690 $302,200 $37,000 $265,200
2023 $2,690 $302,200 $37,000 $265,200
2022 $2,475 $269,000 $37,000 $232,000
2021 $2,475 $269,000 $37,000 $232,000
2020 $2,092 $220,200 $36,900 $183,300
2019 $2,092 $220,238 $36,938 $183,300
2018 $2,020 $208,238 $36,938 $171,300
2017 $2,020 $208,238 $36,938 $171,300
2016 $1,978 $208,238 $36,938 $171,300
2015 $1,978 $208,238 $36,938 $171,300
2014 $1,978 $208,238 $36,938 $171,300
Source: Public Records

Agents Affiliated with this Home

  • Kenny Sprouse

    Seller's Agent in 2023

    Kenny Sprouse

    AMERICAN REAL ESTATE

    (540) 487-4924

    128 Total Sales

    Kenny Sprouse
    Section Image
  • Sherry Andersen

    Buyer's Agent in 2023

    Sherry Andersen

    NEST REALTY GROUP STAUNTON

    (540) 649-0925

    267 Total Sales

    Sherry Andersen
    Section Image
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Map

Source: Charlottesville Area Association of REALTORS®

MLS Number: 639102

Charlottesville Area Association of REALTORS®

APN: 8620

Virginia Staunton City County Staunton 24401

1048 W Beverley St, Staunton, VA

Not Listed for Sale

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