NOT LISTED FOR SALE

Estimated Value: $251,000 - $269,000

3 Beds
2 Baths
1,254 Sq Ft
$207/Sq Ft Est. Value

Last Sold October 31, 2019

Last sale price $120,000 $96 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $1,530/month

2 Days on Market

Highlights

  • 1.06 Acre Lot
  • Shed
  • 1-Story Property

About This Home

As of October 2019

Great Investment property opportunity in Varina. This ranch style duplex is conveniently located in a quiet neighborhood on over an acre of land, but is still in close proximity to downtown. Unit A is a one bedroom one bath and is currently unoccupied. Unit B which is currently occupied by a tenant on a month to month basis and is a two bedroom one bath. This rents well and is priced to sell. Photographs are only of unoccupied unit. Schedule your showing today to see the entire property.

Last Agent to Sell the Property

Rachel Pleasants

Keeton & Co Real Estate License #0225233240 Listed on: 08/03/2019

Keeton & Co Real Estate

Last Buyer's Agent

Lisa Caperton

The Steele Group License #0225088604

The Steele Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $827

Year Built

  • Built in 1930

Lot Details

  • 1.06 Acre Lot
  • Chain Link Fence

Home Design

  • Duplex
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,254 Sq Ft Home
  • 1-Story Property

Outdoor Features

  • Shed

Schools

  • Montrose Elementary School
  • Rolfe Middle School
  • Varina High School

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 802-706-4471

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$827

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Year Built: 1930
  • Lot Size Acres: 1.058
  • Ownership: Individuals
  • Subdivision Name: None
  • Architectural Style: Ranch
  • Garage Yn: No
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Actual
  • Property Sub Type Additional: Duplex
  • Special Features: None
  • Stories: 1

Interior Features

  • Basement YN: No
  • Living Area: 1254.0
  • Stories: 1

Exterior Features

  • Roof: Composition
  • Fencing: Chain Link
  • Waterfront: No
  • Construction Type: Block, Vinyl Siding
  • Exterior Features: Storage, Shed

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • Middle Or Junior School: Rolfe

Lot Info

  • Parcel Number: 802-706-4471
  • Zoning Description: A1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 827.0

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Montrose
  • High School: Varina

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2019
Closed on
Oct 29, 2019
Sold by
Mullins John F and Mullins Yharlette P
Bought by
Milelr R Bruce
Seller's Agent
Rachel Pleasants
Keeton & Co Real Estate
Buyer's Agent
Lisa Caperton
The Steele Group
List Price
$125,000
Sold Price
$120,000
Premium/Discount to List
-$5,000
-4%
Current Estimated Value
$260,150

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,150
Avg. Annual Appreciation
13.74%
Original Mortgage
$78,000
Outstanding Balance
$69,194
Interest Rate
3.7%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$184,308
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
Milelr R Bruce $120,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Milelr R Bruce $78,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2019 10/31/19 Sold $120,000 -4.0% $96 / Sq Ft
08/05/2019 08/05/19 Pending -- -- --
08/03/2019 08/03/19 For Sale $125,000 -- $100 / 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
2025 $1,356 $151,300 $50,500 $100,800
2024 $1,356 $140,300 $48,500 $91,800
2023 $1,193 $140,300 $48,500 $91,800
2022 $1,073 $132,500 $45,500 $87,000
2021 $1,024 $104,700 $45,500 $59,200
2020 $911 $104,700 $45,500 $59,200
2019 $869 $99,900 $45,500 $54,400
2018 $827 $95,000 $45,500 $49,500
2017 $801 $92,100 $45,500 $46,600
2016 $759 $87,200 $45,500 $41,700
2015 $699 $83,400 $45,500 $37,900
2014 $699 $80,400 $45,500 $34,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1925857

Central Virginia Regional MLS

APN: 802-706-4471