$100,000
SOLD AUG 11, 2021

129 Tams St Staunton, VA 24401

-- Bed
-- Bath
2,400 Sq Ft
0.25 Acres

Recently Sold

$42 Per Sq Ft

13% Below List Price

78 Days on Market

Highlights

  • Deck
  • No HOA
  • Baseboard Heating
  • Wood Flooring
  • Porch
  • Wood Siding

About This Home

As of August 2022

Awesome buy and hold rental opportunity! Duplex fixer upper in Staunton.. killer location- literally across the street from Mary Baldwin's athletic facility!!! This property would absolutely make a great rental (AFTER being fixed up that is)... Owner estimates a rental value of approximately $2,000 total per month. ARV: Ballpark $250k (depends on your level of renovation!) Scope of work: A LOT- new flooring, sub-flooring work, doors, replace some windows, kitchen remodels (cabinets, counters, flooring, appliances), bathroom remodels, cooling system, drywall patchwork, paint, exterior power wash and/or paint, redo back and front decks, plumbing and electrical work and so much darn cleaning that my back hurts just thinking about it.. Get that sweat equity!! My favorite part about the house: GREAT location! Location, location, location. My least favorite part about the house: Level of rehab- outside is ugly, inside is rough!

Last Agent to Sell the Property

DEBBIE KENT

COTTAGE STREET REALTY, LLC License #0225030213[8433] Listed on: 04/29/2021

Last Buyer's Agent

Default Agent

Default Office License #CAAR:DEFAULT

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,200

Year Built

  • Built in 1952

Lot Details

  • 0.25 Acre Lot

Home Design

  • Duplex
  • Block Foundation
  • Metal Roof
  • Wood Siding

Interior Spaces

  • Insulated Windows
  • Wood Flooring

Unfinished Basement

  • Interior Basement Entry
  • Crawl Space

Outdoor Features

  • Deck
  • Porch

Utilities

  • Window Unit Cooling System
  • Baseboard Heating

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for insurance, common area maintenance, management

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,200

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Historic: No
  • New Construction: No
  • Year Built: 1952
  • Remarks Public: Awesome buy and hold rental opportunity! Duplex fixer upper in Staunton.. killer location- literally across the street from Mary Baldwin's athletic facility!!! This property would absolutely make a great rental (AFTER being fixed up that is)... Owner estimates a rental value of approximately $2,000 total per month. ARV: Ballpark $250k (depends on your level of renovation!) Scope of work: A LOT- new flooring, sub-flooring work, doors, replace some windows, kitchen remodels (cabinets, counters, flooring, appliances), bathroom remodels, cooling system, drywall patchwork, paint, exterior power wash and/or paint, redo back and front decks, plumbing and electrical work and so much darn cleaning that my back hurts just thinking about it.. Get that sweat equity!! My favorite part about the house: GREAT location! Location, location, location. My least favorite part about the house: Level of rehab- outside is ugly, inside is rough!
  • Special Features: None

Interior Features

  • Appliances: Refrigerator
  • Flooring Type: Hardwood
  • Window Features: Insulated
  • Fireplace: No
  • Foundation Details: Crawl Space, Block
  • Basement: Yes
  • Basement Type: Interior Access, Unfinished
  • Price Per Sq Ft: 41.67
  • Street Number Modifier: 129

Exterior Features

  • Construction Materials: Concrete, Wood Siding
  • Construction Completed: No
  • Roof: Metal
  • Water Oriented: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Baseboard
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Lot Info

  • Lot Size Acres: 0.25
  • Outdoor Living Structures: Deck(s), Porch(es)
  • Zoning: R-2
  • Zoning Description: Low Density Residential

Rental Info

  • Owner Pays: Insurance, Common Area Maintenance, Management
  • Tenant Pays: Electricity, Gas
  • Vacation Rental: No

Multi Family

  • Gross Income: 1900.00
  • Other Units: Unit 1,Unit 2

Tax Info

  • Assessor Parcel Number: 24643037
  • Tax Annual Amount: 1200.00
  • Tax Year: 2021
  • Close Date: 08/11/2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2022
Closed on
Aug 24, 2022
Sold by
West Louis A and West Margaret R
Bought by
Tams Street Llc
Seller's Agent
Kathy Thomas
PREMIER PROPERTIES
Buyer's Agent
Eric Fletcher
PROPERTY MANAGEMENT OF VIRGINIA LC
List Price
$399,000
Sold Price
$400,000
Premium/Discount to List
$1,000
0.25%
Current Estimated Value
$405,827

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,827
Avg. Annual Appreciation
0.50%
Original Mortgage
$280,000
Outstanding Balance
$268,771
Interest Rate
5.51%
Mortgage Type
New Conventional
Estimated Equity
$137,056

Purchase Details

Listed on
Apr 29, 2021
Closed on
Aug 2, 2021
Sold by
Aspiring Developments Llc
Bought by
Salvatore Inc
Seller's Agent
DEBBIE KENT
COTTAGE STREET REALTY, LLC
Buyer's Agent
Default Agent
Default Office
List Price
$115,000
Sold Price
$100,000
Premium/Discount to List
-$15,000
-13.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
279.23%

Purchase Details

Closed on
Jul 8, 2020
Sold by
Jsj Real Estate Management Llc
Bought by
Aspiring Developments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
3.2%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 21, 2009
Sold by
Jennings Jeffrey S
Bought by
Jsj Realestate Management Llc
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 Type Sale Price Title Company
Deed $400,000 Nelson Mcpherson Summers & San
Deed $140,000 Vellines Glick & Whitesell Pc
Deed $100,000 Fidelity National Ttl Ins Co
Deed $70,000 Closure Title And Settlement
Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $280,000 New Conventional
Previous Owner $100,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2022 08/26/22 Sold $400,000 +0.3% $167 / Sq Ft
07/17/2022 07/17/22 Pending -- -- --
07/05/2022 07/05/22 For Sale $399,000 +299.0% $166 / Sq Ft
08/11/2021 08/11/21 Sold $100,000 -13.0% $42 / Sq Ft
07/16/2021 07/16/21 Pending -- -- --
07/09/2021 07/09/21 For Sale $115,000 0.0% $48 / Sq Ft
06/04/2021 06/04/21 Pending -- -- --
06/03/2021 06/03/21 For Sale $115,000 0.0% $48 / Sq Ft
05/19/2021 05/19/21 Pending -- -- --
05/17/2021 05/17/21 For Sale $115,000 0.0% $48 / Sq Ft
05/05/2021 05/05/21 Pending -- -- --
04/29/2021 04/29/21 For Sale $115,000 -- $48 / Sq Ft
Source: Bright 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 $3,976 $436,910 $50,810 $386,100
2024 $3,520 $395,530 $44,430 $351,100
2023 $3,520 $395,530 $44,430 $351,100
2022 $1,284 $139,540 $34,840 $104,700
2021 $1,284 $139,540 $34,840 $104,700
2020 $1,128 $118,700 $34,840 $83,860
2019 $1,128 $118,700 $34,840 $83,860
2018 $1,118 $115,300 $34,840 $80,460
2017 $1,118 $115,300 $34,840 $80,460
2016 $1,095 $115,300 $34,840 $80,460
2015 $1,095 $115,300 $34,840 $80,460
2014 $1,095 $115,300 $34,840 $80,460
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2022

    Kathy Thomas

    PREMIER PROPERTIES

    (540) 849-7197

    40 Total Sales

    Kathy Thomas
    Section Image
  • Lynn Herman

    Seller Co-Listing Agent in 2022

    Lynn Herman

    PREMIER PROPERTIES

    (540) 255-6426

    31 Total Sales

    Lynn Herman
    Section Image
  • Eric Fletcher

    Buyer's Agent in 2022

    Eric Fletcher

    PROPERTY MANAGEMENT OF VIRGINIA LC

    (540) 241-0445

    75 Total Sales

    Eric Fletcher
    Section Image

  • D

    Seller's Agent in 2021

    DEBBIE KENT

    COTTAGE STREET REALTY, LLC

  • D

    Buyer's Agent in 2021

    Default Agent

    Default Office

See All Agents

Map

Source: Bright MLS

MLS Number: 616912

Bright MLS

APN: 4094

Virginia Staunton City County Staunton 24401

129 Tams St, Staunton, VA

This home is located at 129 Tams St, Staunton, VA 24401 and is currently priced at $100,000, approximately $41 per square foot. This property was built in 1952. 129 Tams St is a home located in Staunton City with nearby schools including Thomas C. McSwain Elementary School, Shelburne Middle School, and Staunton High School.

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