NOT LISTED FOR SALE

Estimated Value: $318,000 - $464,000

3 Beds
2 Baths
1,052 Sq Ft
$394/Sq Ft Est. Value

Last Sold May 24, 2019

Last sale price $275,000 $261 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $2,756/month

144 Days on Market

Highlights

  • Open Floorplan
  • Wood Flooring
  • No HOA
  • Audubon Park School Rated A-
  • Attic
  • 4-minute walk to Colonialtown Park

About This Home

As of May 2019

This versatile property is a stone throw from all the heart of the Mills/50 district convenient to restaurants, banking, shopping and night life. Live in one side and lease out the other or sit back and enjoy this money maker. 2/1 bath, wood floors, updated Kitchen and bath, central air and heat and a 1/1 efficiency plus 896 additional 3 car garage space great for the hobbyist, car enthusiast or for additional storage. Many possibilities for expansion or redevelopment. Flat roof was replaced after Hurricane Irma, separately metered, receiving $725.00 for the efficiency and was receiving $1295 last year before improvements and larger unit could lease for more. The City has amazing plans for Virginia, get in early and enjoy the appreciation as the street is transformed.

Last Agent to Sell the Property

Valerie Kennedy

COLONIALTOWN REALTY License #509029 Listed on: 11/18/2018

Last Buyer's Agent

Richard Jordan

License #3388051

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,230

Year Built

  • Built in 1935

Lot Details

  • 5,499 Sq Ft Lot
  • Lot Dimensions are 50x110

Parking

  • 3 Car Attached Garage
  • Workshop in Garage
  • Driveway
  • On-Street Parking

Home Design

  • Duplex
  • Wood Frame Certified By Forest Stewardship Council
  • Shingle Roof
  • Membrane Roofing
  • Concrete Siding

Interior Spaces

  • 1,052 Sq Ft Home
  • Open Floorplan
  • Attic

Kitchen

  • Range
  • Solid Wood Cabinet

Flooring

  • Wood
  • Laminate
  • Ceramic Tile

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Outdoor Features

  • Rain Gutters
  • Porch

Location

  • City Lot

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • North Park Subdivision

Listing and Financial Details

  • Down Payment Assistance Available
  • Visit Down Payment Resource Website
  • Tenant pays for electricity, water
  • Legal Lot and Block 2 / L
  • Assessor Parcel Number 24-22-29-5972-12-021

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,230

Year Built

Built in 1935

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Property Condition: Completed
  • Property Sub Type: Duplex
  • Construction Materials: Concrete, Wood Frame (FSC Certified)
  • Fireplace: No
  • Living Area: 1052
  • Lot Size Acres: 0.13
  • New Construction: No
  • Year Built: 1935
  • Building Area Total: 1984
  • Lot Size Sq Ft: 5499
  • Tenant Pays: Electricity, Water
  • Directions to Property: From Mills and Colonial travel North on Mills to East on Virginia to house on North side or left side of road.
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=O5746350&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=O5746350&cview=true&show_results=true&customer_portal=true
  • Unit Count: 2
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.9486
  • Price per Sq Ft: 261.41
  • Close to Original List Price Ratio: 0.91697
  • Ratio: Current Price\Building Area Total: 138.61
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2018
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Laminate, Hardwood
  • Interior Amenities: Open Floorplan, Solid Wood Cabinets
  • Appliances Included: Dryer, Electric Water Heater, Range, Washer
  • Levels: One
  • Spa Yn: No
  • Street Number Modifier: 1233 & 1235
  • Additional Rooms: Attic
  • Number Of Buildings: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Exterior Features: Rain Gutters, Sidewalk
  • Roof: Membrane, Shingle
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Porch
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12095C0255F
  • Disclosures: Lead Paint, Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Driveway, On Street, Oversized, Workshop in Garage
  • Covered Parking Spaces: 3
  • Open Parking: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Available, Sewer Available, Street Lights
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Deposits Y N: No

Lot Info

  • Zoning: R-2A/T/SP
  • Parcel Number: 24-22-29-5972-12-021
  • Additional Parcels: No
  • Lot Features: City Lot, Sidewalk
  • Lot Dimensions: 50x110
  • Flood Zone Code: X
  • Flood Zone Date: 2009-09-25
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 1

Tax Info

  • Tax Annual Amount: 3230
  • Tax Block: L
  • Tax Book Number: E-78
  • Tax Lot: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 30, 2019
Sold by
Kelly Thomas
Bought by
Emergency Remodel Llc
Current Estimated Value
$414,352

Purchase Details

Listed on
Nov 18, 2018
Closed on
May 24, 2019
Sold by
Valken Investments Llc
Bought by
Kelly Thomas
Seller's Agent
Valerie Kennedy
COLONIALTOWN REALTY
Buyer's Agent
Richard Jordan
List Price
$289,900
Sold Price
$275,000
Premium/Discount to List
-$14,900
-5.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.95%
Original Mortgage
$206,250
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 25, 2017
Closed on
Feb 24, 2017
Sold by
Walters Cassandra
Bought by
Valken Investments Llc
Seller's Agent
Bonnie Endrick
COLDWELL BANKER RESIDENTIAL RE
Buyer's Agent
Valerie Kennedy
COLONIALTOWN REALTY
List Price
$175,000
Sold Price
$172,000
Premium/Discount to List
-$3,000
-1.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.31%
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
Emergency Remodel Llc -- Attorney
Kelly Thomas $275,000 Public Title Services Llc
Valken Investments Llc $172,000 Sunbelt Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kelly Thomas $206,250
Previous Owner Walters Cassandra $74,217
Previous Owner Walters Cassandra $85,000
Previous Owner Walters Cassandra $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2019 05/24/19 Sold $275,000 -5.1% $261 / Sq Ft
04/11/2019 04/11/19 Pending -- -- --
03/29/2019 03/29/19 For Sale $289,900 0.0% $276 / Sq Ft
03/06/2019 03/06/19 Pending -- -- --
02/06/2019 02/06/19 Price Changed $289,900 -3.3% $276 / Sq Ft
11/18/2018 11/18/18 For Sale $299,900 +74.4% $285 / Sq Ft
05/29/2017 05/29/17 Off Market $172,000 -- --
02/27/2017 02/27/17 Sold $172,000 -1.7% $163 / Sq Ft
02/03/2017 02/03/17 Pending -- -- --
01/25/2017 01/25/17 For Sale $175,000 -- $166 / Sq Ft
Source: Stellar 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 $6,038 $351,833 -- --
2024 $5,595 $338,060 $185,000 $153,060
2023 $5,595 $327,763 $185,000 $142,763
2022 $5,089 $294,343 $185,000 $109,343
2021 $4,637 $255,975 $160,000 $95,975
2020 $3,991 $218,460 $130,000 $88,460
2019 $3,404 $175,365 $110,000 $65,365
2018 $3,230 $164,301 $100,000 $64,301
2017 $2,623 $142,209 $79,310 $62,899
2016 $2,510 $138,121 $77,000 $61,121
2015 $2,285 $118,473 $60,000 $58,473
2014 $2,002 $94,241 $55,000 $39,241
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O5746350

Stellar MLS

APN: 24-2229-5972-12-021