NOT LISTED FOR SALE

110 Braddock Dr Forest, VA 24551

Estimated Value: $548,752 - $700,000

3 Beds
3 Baths
3,640 Sq Ft
$174/Sq Ft Est. Value

Last Sold July 17, 2020

Last sale price $443,500 $122 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $3,354/month

85 Days on Market

Highlights

  • Ceramic Tile Flooring
  • Guest Parking
  • Zoned Cooling

About This Home

As of July 2020

Owner is Agent.Great income producing property!A 6400 sf home that can be treated as a duplex or lived in as one home. If you rent all the space income would be roughly $4200 per month. Basement apartment rented with month to month leases. Studio apartment(in main level home) is perfect for traveling nurses who rent from 1000-1400 per month (presently not rented in order to show) Basement apartment would be sold including furniture (if you keep the present renters) Home has 7 bedrooms, 5 1/2 bathrooms, 1 office , 2 1/2 kitchens, 2 laundry rooms,1 large dining room, and 1 workroom. New Roof 2020, 3 zone HVAC with 2 new units 2014, all new toilets and remodeled huge kitchen in main level 2015.

Last Agent to Sell the Property

Kathy Blanchard

Cornerstone Realty Group Inc. License #0225062528 Listed on: 03/03/2020

Last Buyer's Agent

Andrew Bonner

Nolen Real Estate License #0225239581

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,400

Year Built

  • Built in 1989

Lot Details

  • 0.7 Acre Lot

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • Guest Parking
  • On-Street Parking
  • Parking Lot
  • Off-Street Parking

Utilities

  • Zoned Cooling
  • Heat Pump System
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 117E-5-35

Community Details

Overview

  • 2 Units
  • Country Club Estates Subdivision

Building Details

  • Gross Income $2,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,400

Year Built

Built in 1989

Lot Details

0

Listing Details

  • FILLACRES: 0.7000
  • Directions: 221 to Enterprise Dr, Turn Right on Homested follow 2 miles and turn left on Braddock Drive
  • Internet Providers: Shentel
  • Lot Measurement: Acres
  • Lot Sq Ft: 30492.00
  • Days On Market: No
  • Property Subtype1: Multi-Family
  • Prop. Type: Multi-Family
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 117E-5-35
  • Year Built: 1989
  • Heating System: Heat Pump
  • Unit Info Number Furnished Units: 1
  • Unit Info Number Unfurnished Units: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Broker Approved: Yes
  • Legal Description: Country Club Estates LT 35
  • Reciprocal Listing: No
  • Flooring: Carpet, Ceramic Tile, Vinyl
  • Year Built Exception: 0
  • Walls: Drywall

Garage/Parking

  • Parking: Guest Parking, Off Street Parking, On-Street, Parking Lot, Paved Drive

Utilities

  • Utility Electric: Other
  • Cooling: Heat Pump, Zoned
  • Sewer: Septic Tank
  • Hot Water: City
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors
  • Subdivision Complex: Country Club Estates

Schools

  • School District: Bedford

Lot Info

  • Zoning: R1

Rental Info

  • Types Of Leases: Month to Month

Tax Info

  • Estimated Taxes: 1400

Multi Family

  • Annual Gross Income: 2400.00
  • Total Number Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2020
Closed on
Jul 8, 2020
Sold by
Blanchard Kenneth R and Blanchard Kathy D
Bought by
Bonner Andrew J and Bonner Sarah M
Seller's Agent
Kathy Blanchard
Cornerstone Realty Group Inc.
Buyer's Agent
Andrew Bonner
Nolen Real Estate
List Price
$439,900
Sold Price
$443,500
Premium/Discount to List
$3,600
0.82%
Current Estimated Value
$607,831

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$164,331
Avg. Annual Appreciation
6.71%

Purchase Details

Closed on
Aug 5, 2010
Sold by
Konrad Eric H and Konrad Janet M
Bought by
Blanchard Kenneth R and Blanchard Kathy D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,059
Interest Rate
4.55%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Bonner Andrew J $443,500 Attorney
Blanchard Kenneth R $251,400 Fidelity
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Blanchard Kenneth R $248,059
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/17/2020 07/17/20 Sold $443,500 +0.8% $122 / Sq Ft
05/27/2020 05/27/20 Pending -- -- --
03/03/2020 03/03/20 For Sale $439,900 -- $121 / Sq Ft
Source: Lynchburg 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 $2,026 $494,100 $55,000 $439,100
2024 $2,026 $494,100 $55,000 $439,100
2023 $2,026 $247,050 $0 $0
2022 $1,961 $196,050 $0 $0
2021 $1,961 $392,100 $45,000 $347,100
2020 $1,961 $392,100 $45,000 $347,100
2019 $1,961 $392,100 $45,000 $347,100
2018 $1,724 $331,600 $40,000 $291,600
2017 $1,724 $331,600 $40,000 $291,600
2016 $1,724 $331,600 $40,000 $291,600
2015 $1,724 $331,600 $40,000 $291,600
2014 $1,747 $335,900 $35,000 $300,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 323660

APN: 117E-5-35