NOT LISTED FOR SALE

109 E Main St Wakefield, VA 23888

Estimated Value: $119,000 - $198,000

3 Beds
2 Baths
2,143 Sq Ft
$70/Sq Ft Est. Value

Last Sold December 09, 2022

Last sale price $100,000 $47 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $887/month

246 Days on Market

About This Home

As of December 2022

Excellent investment opportunity!! Established duplex (both units occupied) features cozy front porch, wood floors, entry foyer so both units have private access! Great location- call today for your private appointment- must have 24 hours notice -

Last Agent to Sell the Property

Carla Mayes

Harris & Assoc, Inc Brokerage Phone: 804-526-0491 License #0225014908 Listed on: 03/08/2022

Last Buyer's Agent

Non-Member Non-Member

Non MLS Member

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $468

Year Built

  • Built in 1950

Lot Details

  • 1.2

Parking

  • Off-Street Parking

Home Design

  • Duplex
  • Frame Construction
  • Asphalt Roof
  • Aluminum Siding

Interior Spaces

  • 2,143 Sq Ft Home
  • 2-Story Property
  • Crawl Space
  • Storm Windows

Schools

  • Sussex Central Elementary And Middle School
  • Sussex Central High School

Additional Features

  • 1.2 Acre Lot
  • Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 61A5-A-87

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$468

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Year Built: 1950
  • Attribution Contact: 804-526-0491
  • Lot Size Acres: 1.197
  • Ownership: Individuals
  • Subdivision Name: None
  • Architectural Style: Two Story
  • Garage Yn: No
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: Actual
  • Property Sub Type Additional: Duplex
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement: Crawl Space
  • Appliances: Electric Water Heater
  • Basement YN: No
  • Living Area: 2143.0
  • Stories: 2
  • Window Features: Storm Window(s)

Exterior Features

  • Roof: Asphalt
  • Waterfront: No
  • Construction Type: Aluminum Siding, Block, Frame, Mixed

Garage/Parking

  • Parking Features: Off Street

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • Middle Or Junior School: Sussex Central

Lot Info

  • Parcel Number: 61A5-A-87
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 468.0

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Sussex Central
  • High School: Sussex Central

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2022
Closed on
Dec 4, 2022
Sold by
Savedge Sarah P
Bought by
Moseley Robyn Silk and Moselev Michael Charles
Seller's Agent
Carla Mayes
Harris & Assoc, Inc
Buyer's Agent
Non-Member Non-Member
Non MLS Member
List Price
$129,900
Sold Price
$100,000
Premium/Discount to List
-$29,900
-23.02%
Total Days on Market
246
Views
41
Current Estimated Value
$151,070

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,070
Avg. Annual Appreciation
18.02%
Original Mortgage
$75,000
Outstanding Balance
$73,164
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
$77,906
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
Moseley Robyn Silk $100,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moseley Robyn Silk $75,000
Previous Owner Savedge William $85,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/09/2022 12/09/22 Sold $100,000 -13.0% $47 / Sq Ft
11/09/2022 11/09/22 Pending -- -- --
10/26/2022 10/26/22 Price Changed $114,900 -11.5% $54 / Sq Ft
04/15/2022 04/15/22 For Sale $129,900 0.0% $61 / Sq Ft
04/11/2022 04/11/22 Pending -- -- --
04/05/2022 04/05/22 For Sale $129,900 0.0% $61 / Sq Ft
03/22/2022 03/22/22 Pending -- -- --
03/08/2022 03/08/22 For Sale $129,900 -- $61 / Sq Ft
Source: Central Virginia Regional MLS

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 $464 $87,600 $11,300 $76,300
2023 $420 $87,600 $11,300 $76,300
2022 $420 $87,600 $11,300 $76,300
2021 $468 $80,700 $11,300 $69,400
2020 $514 $88,600 $19,200 $69,400
2019 $514 $88,600 $19,200 $69,400
2018 $514 $88,600 $19,200 $69,400
2017 $413 $71,200 $19,200 $52,000
2016 $413 $71,200 $19,200 $52,000
2015 $384 $71,200 $19,200 $52,000
2014 $384 $71,200 $19,200 $52,000
2013 $384 $71,200 $19,200 $52,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2206069

Central Virginia Regional MLS

APN: 61A5-A-87