NOT LISTED FOR SALE

114 E Main St Front Royal, VA 22630

Studio
-- Bath
16,360 Sq Ft
0.32 Acres Lot

Sale Details

Date Sold: July 19, 2013

Last sale price $525,000 $32 Per Sq Ft

516 Days on Market

Highlights

  • No HOA
  • Ceiling Fan
  • Baseboard Heating
  • Central Air

About This Home

As of July 2013

Mixed use consisting of 13256SF on main level & 3092SF on 2nd level. Divided into commercial spaces & 10 apartments. 6234SF occupied by antique shop & 3222SF retail w/4 offices, kitchen, 3 restrooms & ample storage. Additional 2037SF of office/storage on main level. Remainder consists of 3 first floor apartments & 7 second floor apartments. Additional income potential from under utilized spaces

Last Agent to Sell the Property

Matthew Bradley

(540) 636-7700 helpdesk@premiermove.com Coldwell Banker Premier Listed on: 12/23/2011

Coldwell Banker Premier

Last Buyer's Agent

Eric Reploeg

(540) 635-4900 workwithremax@gmail.com RE/MAX Real Estate Connections License #0225199266

RE/MAX Real Estate Connections

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,187

Year Built

  • Built in 1910

Lot Details

  • 0.32

Home Design

  • Brick Exterior Construction

Parking

  • On-Street Parking
  • Surface Parking

Utilities

  • Central Air
  • Heat Pump System
  • Baseboard Heating
  • Electric Water Heater

Additional Features

  • Ceiling Fan
  • 14,039 Sq Ft Lot

Listing and Financial Details

  • Tax Lot 21
  • Assessor Parcel Number 12281

Community Details

Overview

  • No Home Owners Association
  • 13 Units

Building Details

  • Operating Expense $12,432

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,187

Year Built

Built in 1910

Lot Details

0.32 Acres

Listing Details

  • Property Type: Multi-Family
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1910
  • Special Features: 1028
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Basement: No
  • Price Per Sq Ft: 36.61

Exterior Features

  • Construction Materials: Brick, Combination, Concrete
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Surface
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C
  • Heating Fuel: Electric
  • Heating Type: Baseboard, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Lot Info

  • Lot Size Acres: 0.32
  • Lot Size Area: 14039
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 14039.00
  • Zoning: C2
  • In City Limits: Yes

Rental Info

  • Lease Term: 12 Months
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 5187.00
  • Assessor Parcel Number: 12281
  • Tax Lot: 21
  • County Tax Payment Frequency: Annually
  • Tax Year: 2011

Multi Family

  • Gross Income: 81300.00
  • Operating Expense: 12432.00
  • Vacancy Allowance Rate: 5.00
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/19/2013 07/19/13 Sold $525,000 -28.1% $32 / Sq Ft
05/22/2013 05/22/13 Pending -- -- --
12/23/2011 12/23/11 For Sale $730,000 -- $45 / Sq Ft
Source: Bright MLS

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
2026 $8,464 $1,767,100 $209,700 $1,557,400
2025 $8,464 $1,767,100 $209,700 $1,557,400
2024 $4,996 $942,700 $168,300 $774,400
2023 $4,619 $942,700 $168,300 $774,400
2022 $4,954 $756,400 $168,300 $588,100
2021 $983 $756,400 $168,300 $588,100
2020 $4,954 $756,400 $168,300 $588,100
2019 $4,954 $756,400 $168,300 $588,100
2018 $3,805 $576,500 $140,300 $436,200
2017 $3,747 $576,500 $140,300 $436,200
2016 $3,574 $576,500 $140,300 $436,200
2015 -- $576,500 $140,300 $436,200
2014 -- $741,000 $168,300 $572,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1004659614

Bright MLS
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