NOT LISTED FOR SALE

125 Thelma Ln Christiansburg, VA 24073

Estimated Value: $249,000 - $307,000

4 Beds
2 Baths
1,440 Sq Ft
$192/Sq Ft Est. Value

Last Sold June 28, 2018

Last sale price $142,000 $99 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $1,636/month

6 Days on Market

Highlights

  • Ranch Style House
  • Storage
  • Electric Baseboard Heater

About This Home

As of June 2018

Perfect for someone looking to get into investment real estate. Live in 1 unit and rent the other to largely pay the mortgage for both units. Also perfect for investors - units are currently rented for below market rate and are due for an increase in a desirable area of Christiansburg on the Blacksburg side about 10-12 minutes from Virginia Tech. Could also be used as a single family home by constructing a door between the 2 units

Last Agent to Sell the Property

Jim Viers

Hokie Real Estate, Inc. License #225043339 Listed on: 05/18/2018

Last Buyer's Agent

John Greene

Coldwell Banker Townside Bburg License #0225222695

Coldwell Banker Townside Bburg

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,564

Lot Details

  • 0.28

Parking

  • Off-Street Parking

Home Design

  • Duplex
  • Ranch Style House
  • Vinyl Trim

Interior Spaces

  • 1,440 Sq Ft Home
  • Storage
  • Dirt Floor

Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Utilities

  • Electric Baseboard Heater
  • Electric Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 014517

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,564

Lot Details

0

Listing Details

  • Class: Multifamily
  • County Or City: Montgomery
  • Deed Bk Pg Instrumnt: 726/160
  • Is The Power On: Yes
  • Is The Water On: Yes
  • Legal Description: Ellett Rd Subd Lot 4
  • Lvt Date: 05/18/2018
  • Miscellaneous: 2 Bedroom Units, Additional Storage, Appliances Included
  • Parcel Nbr: 014517
  • Property Sub Type: Duplex
  • Style Structure Home: Ranch
  • Estimated Finished Sq Ft: 1440
  • Lease Mth To Mth: x
  • Owner Annual Inc Exp Ins: 900
  • Owner Annual Inc Exp Law: 900
  • Owner Annual Inc Exp Mai: 800
  • Total Number of Unfurnished Units: 2
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Basement: Dirt Floor, Full, Outside Access

Exterior Features

  • Exterior Finish: Vinyl

Garage/Parking

  • Parking: Off Street Parking

Utilities

  • Heating: Baseboard-Electric
  • Sewer: Public System
  • Water: Public Water

Schools

  • School District: Montgomery County
  • Elementary School: Christiansburg
  • Middle School: Christiansburg
  • High School: Christiansburg

Lot Info

  • Zoning: Single Family

Rental Info

  • Owner Expense: Insurance, Lawn Care, Real Estate Taxes, Repairs&maintenance

Multi Family

  • Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 12, 1981
Current Estimated Value
$276,324
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
-- $64,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2018 06/28/18 Sold $142,000 +1.5% $99 / Sq Ft
05/24/2018 05/24/18 Pending -- -- --
05/18/2018 05/18/18 For Sale $139,900 -- $97 / Sq Ft
Source: New River Valley 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 $1,564 $205,800 $50,000 $155,800
2024 $1,544 $205,800 $50,000 $155,800
2023 $1,441 $205,800 $50,000 $155,800
2022 $1,278 $143,600 $40,000 $103,600
2021 $1,278 $143,600 $40,000 $103,600
2020 $1,278 $143,600 $40,000 $103,600
2019 $1,278 $143,600 $40,000 $103,600
2018 $1,221 $137,200 $40,000 $97,200
2017 $1,221 $137,200 $40,000 $97,200
2016 $1,221 $137,200 $40,000 $97,200
2015 $1,221 $137,200 $40,000 $97,200
2014 $1,241 $139,400 $40,000 $99,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New River Valley Association of REALTORS®

MLS Number: 401875

New River Valley Association of REALTORS®

APN: 014517