NOT LISTED FOR SALE

12595 Hardy Rd Hardy, VA 24101

Estimated Value: $441,928

Studio
-- Bath
4,200 Sq Ft
$105/Sq Ft Est. Value

Sale Details

Date Sold: April 8, 2022

Last sale price $350,000 $83 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $2,462 / mo

15 Days on Market

About This Home

As of April 2022

Wonderful opportunity to own four rental properties. Convenient location, close to Roanoke, Vinton and Smith Mountain Lake. Large parking lot to accommodate 18 cars easily. Detached two car garage, large lot, almost an acre. All units rented out furnished. Seller rents as an Airbnb but most tenants are long term. In sale included an updated triplex and updated singlewide that has hardwood floors, tile shower, living and dining room area, rents for $1150 per month. There is a 3 bed 1 bath large apartment with spacious living room, updated kitchen and bathroom, rents for $1650 per month. Studio right next to it rents for $950 and sleeps 7 people, has kitchenet and bathroom with shower. Upstairs is 2 bed 1 bath apartment with hardwood floors and updated amenities that rents for $1300.

Last Agent to Sell the Property

Irina Hallacher

WAINWRIGHT & CO., REALTORS(r)- LAKE License #0225191711 Listed on: 01/18/2022

Co-Listed By

Alla Scott

COLDWELL BANKER TOWNSIDE, REALTORS(r) License #0225215407

Last Buyer's Agent

Steve Zegarski

VRC PROPERTIES LLC License #0225245213

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,097

Year Built

  • Built in 1960

Lot Details

  • 0.98

Home Design

  • 4,200 Sq Ft Home
  • Triplex
  • Slab Foundation

Schools

  • Goodview Elementary School
  • Staunton River Middle School
  • Staunton River High School

Additional Features

  • 42,689 Sq Ft Lot
  • Heat Pump System

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Furnished Units
  • Operating Expense $3,600
  • Gross Income $60,600
  • Net Operating Income $57,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,097

Year Built

Built in 1960

Lot Details

0.98 Acres

Listing Details

  • Heating System: Heat Pump Electric
  • Type: Multi-Family
  • Has Basement: Slab
  • Cooling System: Central Air
  • CondoAssocYN: No
  • Major Area: 06 - Bedford County
  • NumberLeasedUnits: 4.00
  • Hoa2 Or Poa: No
  • TotalAnnualExpen: 3600.00
  • Water Class: N/A
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement YN: No

Garage/Parking

  • Parking Description: Private (1 - 9)

Utilities

  • Sewer Description: Private Septic
  • Water Description: Private Well

Lot Info

  • Property Group Id: 19990816212116581394000000
  • Total Acreage: 0.98

Rental Info

  • Number Furnished: 4.00

Building Info

  • Year Built: 1960

Tax Info

  • Taxes (6 mo): 1097.00

Multi Family

  • Tenant Pays: None
  • Units In Building: 4.00
  • Multi Family Type: Triplex

MLS Schools

  • Elementary School: Goodview
  • HighSchool: Staunton River
  • Middle School: Staunton River

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2022
Closed on
Apr 4, 2022
Sold by
The Trustee Of
Bought by
Clarke Erik and Clarke Sarah
Seller's Agent
Irina Hallacher
WAINWRIGHT & CO., REALTORS(r)- LAKE
Buyer's Agent
Steve Zegarski
VRC PROPERTIES LLC
List Price
$369,000
Sold Price
$350,000
Premium/Discount to List
-$19,000
-5.15%
Current Estimated Value
$441,928

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,928
Avg. Annual Appreciation
5.87%
Original Mortgage
$280,000
Outstanding Balance
$264,143
Interest Rate
4.67%
Mortgage Type
New Conventional
Estimated Equity
$177,785

Purchase Details

Closed on
Nov 14, 2018
Sold by
P T Rental Inc
Bought by
Thornock Riley D and Thornock Rebecca J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,500
Interest Rate
4.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 24, 2012
Sold by
Thompson Patricia A
Bought by
P T Rental Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Clarke Erik $350,000 Fidelity National Title
Thornock Riley D $220,000 Colonial Title & Settlement
P T Rental Llc -- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Clarke Erik $280,000
Previous Owner Thornock Riley D $177,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/08/2022 04/08/22 Sold $350,000 -5.1% $83 / Sq Ft
02/02/2022 02/02/22 Pending -- -- --
01/18/2022 01/18/22 For Sale $369,000 -- $88 / Sq Ft
Source: Roanoke Valley Association of REALTORS®

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 $1,264 $308,400 $50,000 $258,400
2024 $1,264 $308,400 $50,000 $258,400
2023 $1,264 $154,200 $0 $0
2022 $1,036 $103,550 $0 $0
2021 $1,036 $207,100 $40,000 $167,100
2020 $1,036 $207,100 $40,000 $167,100
2019 $1,036 $207,100 $40,000 $167,100
2018 $1,077 $207,100 $40,000 $167,100
2017 $1,077 $207,100 $40,000 $167,100
2016 $1,077 $207,100 $40,000 $167,100
2015 $1,077 $207,100 $40,000 $167,100
2014 $1,077 $207,100 $40,000 $167,100
Source: Public Records

Agents Affiliated with this Home

  • Irina Hallacher

    Seller's Agent in 2022

    Irina Hallacher

    WAINWRIGHT & CO., REALTORS(r)- LAKE

    (540) 521-9943

    200 Total Sales

    Irina Hallacher
    Section Image
  • Alla Scott

    Seller Co-Listing Agent in 2022

    Alla Scott

    COLDWELL BANKER TOWNSIDE, REALTORS(r)

    (540) 814-1883

    184 Total Sales

    Alla Scott
    Section Image
  • Steve Zegarski

    Buyer's Agent in 2022

    Steve Zegarski

    VRC PROPERTIES LLC

    (540) 309-6738

    45 Total Sales

    Steve Zegarski
    Section Image
  • Jason Fountain, CCIM

    Buyer Co-Listing Agent in 2022

    Jason Fountain, CCIM

    VRC PROPERTIES LLC

    (540) 354-6456

    48 Total Sales

    Jason Fountain, CCIM
    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 886367

Roanoke Valley Association of REALTORS®

APN: 173-A-128

Virginia Bedford County Hardy 24101

12595 Hardy Rd, Hardy, VA

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