NOT LISTED FOR SALE

1057 Ross Rd Vinton, VA 24179

Estimated Value: $255,663 - $361,000

-- Bed
4 Baths
3,072 Sq Ft
$98/Sq Ft Est. Value

Last Sold November 24, 2020

Last sale price $200,000 $65 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $1,675/month

68 Days on Market

About This Home

As of November 2020

Quad plex. See attached information for specifics. Units have always been easy to rent. All long term tenants that are now month to month. Four 2 bedroom 1 bath units

Last Agent to Sell the Property

Russell Seneff

WOLTZ & ASSOCIATES License #0225057833 Listed on: 07/15/2020

Last Buyer's Agent

Femi Dinakin

PROPERTY NAVIGATORS LLC License #0225247119

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $741

Year Built

  • Built in 1970

Lot Details

  • 5,227

Parking

  • Unpaved Parking

Home Design

  • Quadruplex
  • Brick Exterior Construction

Interior Spaces

  • 3,072 Sq Ft Home
  • Basement Fills Entire Space Under The House

Schools

  • Stewartsville Elementary School
  • Staunton River Middle School
  • Staunton River High School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Tenant pays for all utilities

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Green Acres Subdivision

Building Details

  • 4 Leased Units
  • Electric Expense $162
  • Insurance Expense $955
  • Maintenance Expense $525
  • New Taxes Expense $741
  • Operating Expense $3,627
  • Gross Income $28,200
  • Net Operating Income $24,573

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$741

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Heating System: Baseboard Electric
  • Type: Multi-Family
  • Has Basement: Full Basement
  • Cooling System: Window A/C
  • ExpensesTaxExp: 741.00
  • Major Area: 06 - Bedford County
  • MiscellaneousInfoPublicTransport: No
  • NumberLeasedUnits: 4.00
  • NumberUnfurnished: 4.00
  • Hoa2 Or Poa: No
  • TotalAnnualExpen: 3627.21
  • Water Class: N/A
  • Water Heater Energy: Electric
  • YardSign: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement YN: Yes

Garage/Parking

  • Parking Description: Unpaved

Utilities

  • Sewer Description: Private Septic
  • Water Description: Private Well
  • Water Heater Type: Tank

Lot Info

  • Lot Dimensions: irregular
  • Property Group Id: 19990816212116581394000000
  • Present Use: Built-As

Building Info

  • Year Built: 1970

Tax Info

  • Taxes (6 mo): 741.00

Multi Family

  • Tenant Pays: All Utilities
  • Units In Building: 4.00
  • Multi Family Type: Quad

MLS Schools

  • Elementary School: Stewartsville
  • HighSchool: Staunton River
  • Middle School: Staunton River

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 8, 2012
Sold by
Simmons Garland L and Simmons Carolyn P
Bought by
Katreco Llc
Current Estimated Value
$302,166

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,331
Outstanding Balance
$24,843
Interest Rate
3.85%
Mortgage Type
Seller Take Back
Estimated Equity
$277,323
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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Purchase History

Date Buyer Sale Price Title Company
Katreco Llc $250,000 Acquisition Title & Settleme
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Katreco Llc $167,331
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/24/2020 11/24/20 Sold $200,000 -9.1% $65 / Sq Ft
09/21/2020 09/21/20 Pending -- -- --
07/15/2020 07/15/20 For Sale $220,000 -- $72 / 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 $850 $207,400 $45,000 $162,400
2024 $850 $207,400 $45,000 $162,400
2023 $850 $103,700 $0 $0
2022 $731 $73,100 $0 $0
2021 $731 $146,200 $35,000 $111,200
2020 $731 $146,200 $35,000 $111,200
2019 $731 $146,200 $35,000 $111,200
2018 $726 $139,600 $35,000 $104,600
2017 $726 $139,600 $35,000 $104,600
2016 $726 $139,600 $35,000 $104,600
2015 $726 $139,600 $35,000 $104,600
2014 $646 $124,200 $32,000 $92,200
Source: Public Records

Agents Affiliated with this Home

  • Russell Seneff

    Seller's Agent in 2020

    Russell Seneff

    WOLTZ & ASSOCIATES

    (540) 342-3593

    79 Total Sales

    Russell Seneff
    Section Image

  • F

    Buyer's Agent in 2020

    Femi Dinakin

    PROPERTY NAVIGATORS LLC

    (540) 577-8277

    6 Total Sales

    Femi Dinakin
    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 871327

Roanoke Valley Association of REALTORS®

APN: 158B-1-38A

Virginia Bedford County Vinton 24179

1057 Ross Rd, Vinton, VA

Not Listed for Sale

MultiFamily

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