NOT LISTED FOR SALE

121 Olive St Staunton, VA 24401

-- Bed
-- Bath
10,752 Sq Ft
1.55 Acres

Last Sold April 11, 2023

Last sale price $1,095,000 $102 Per Sq Ft

6 Days on Market

About This Home

As of April 2023

Great investment potential with 3 apartment buildings and 2 vacant lots to build more! Each unit contains four 2 bedroom and 1 bathroom apartments, currently rented below market value.

Last Agent to Sell the Property

PJ Wright

KEY REAL ESTATE License #225062477 Listed on: 03/09/2023

Co-Listed By

Delene Morgan

KEY REAL ESTATE License #0225050015

Last Buyer's Agent

Nicole Fauver

LONG & FOSTER REAL ESTATE INC STAUNTON/WAYNESBORO License #0225228496

LONG & FOSTER REAL ESTATE INC STAUNTON/WAYNESBORO

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,200

Year Built

  • Built in 1972

Lot Details

  • 1.55

Home Design

  • 10,752 Sq Ft Home
  • Block Foundation

Schools

  • Arthur R. Ware Elementary School
  • Shelburne Middle School
  • Staunton High School

Additional Features

  • 1.55 Acre Lot
  • Baseboard Heating

Community Details

  • 12 Units
  • High-Rise Condominium
  • Lewiston Subdivision

Listing and Financial Details

  • The owner pays for sewer, trash collection, water
  • Assessor Parcel Number 3704

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,200

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Residential
  • Parcel Number: 3704
  • Property Sub Type: Apartment
  • LotSizeAcres: 1.55
  • Road Frontage Type: Public Road
  • Co List Office Mls Id: 6012
  • Co List Office Phone: 540-221-2157
  • Co List Office Mls Id: 6012
  • Subdivision Name: LEWISTON
  • Structure Type: High Rise
  • PropertySubTypeAdditional: Multi Family
  • Special Features: None

Interior Features

  • Living Area: 10752.0

Exterior Features

  • Foundation Details: Block

Utilities

  • Heating: Baseboard, Electric
  • Utilities: Cable Available
  • Sewer: Public Sewer
  • Cooling: None
  • Heating Yn: Yes
  • Water Source: Public

Schools

  • Elementary School: Arthur R. Ware
  • Middle Or Junior School: Shelburne

Lot Info

  • Land Lease Expiration Date: 2023-08-28
  • Zoning Description: R-3 Medium Density Residential

Rental Info

  • Owner Pays: Sewer, Trash Collection, Water
  • LeaseAmount: 4925.0

Building Info

  • Year Built: 1972

Tax Info

  • Year: 2022
  • Tax Annual Amount: 5200.0

Multi Family

  • Number Of Units Total: 12

MLS Schools

  • HighSchool: Staunton

Range of Values:

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Average Value
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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

Property History

Date Event Price Change Sq Ft Price
04/11/2023 04/11/23 Sold $1,095,000 0.0% $102 / Sq Ft
03/15/2023 03/15/23 Pending -- -- --
03/09/2023 03/09/23 For Sale $1,095,000 -- $102 / Sq Ft
Source: Charlottesville Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Charlottesville Area Association of REALTORS®

MLS Number: 639279

Charlottesville Area Association of REALTORS®

APN: 3704