NOT LISTED FOR SALE

1307 Miles Ave Hopewell, VA 23860

Estimated Value: $211,000 - $240,000

4 Beds
2 Baths
1,375 Sq Ft
$168/Sq Ft Est. Value

Last Sold July 22, 2024

Last sale price $220,000 $160 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $1,451/month

123 Days on Market

Highlights

  • Front Porch
  • Shed
  • 1-Story Property
  • Eat-In Kitchen
  • Ceiling Fan

About This Home

As of July 2024

Back on the market due to no fault of the seller. Well maintained duplex close to conveniences: This duplex features 2 bedrooms and a full bath in each unit. There is also a spacious eat-in kitchen and living room, full bath, and an attached laundry for each unit outside. Large rear yard, paved off street parking. Unit 1 (1307) has ceramic tile flooring in the kitchen and bath, newer water heater, side and rear entrances. Unit 2 (1309) has laminate flooring throughout except for the bath (ceramic tile), newer bathroom vanity/sink, newer water heater, front and side entrances. Both units have replacement thermal windows, pull-down attic storage. Separate water and electric meters on each unit; tenants pay for utilities. Great investment opportunity!

Last Agent to Sell the Property

Julia Michael

Virginia Capital Realty License #0225075595 Listed on: 03/01/2024

Virginia Capital Realty

Last Buyer's Agent

Todd Bogese

Bogese Realty & Construction License #0225030535

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,379

Year Built

  • Built in 1987

Lot Details

  • 9,152

Home Design

  • Duplex
  • Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,375 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Crawl Space
  • Eat-In Kitchen
  • Washer and Dryer Hookup

Parking

  • Driveway
  • Paved Parking
  • Off-Street Parking

Outdoor Features

  • Shed
  • Front Porch

Schools

  • Dupont Elementary School
  • Carter G. Woodson Middle School
  • Hopewell High School

Additional Features

  • 9,152 Sq Ft Lot
  • Water Heater

Community Details

  • 2 Units
  • Hopewell Terrace Subdivision

Listing and Financial Details

  • Exclusions: Washers, dryers
  • Tax Lot 4
  • Assessor Parcel Number 047-0825

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,379

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Year Built: 1987
  • Lot Size Acres: 0.2101
  • Exclusions: Washers, dryers
  • Ownership: Individuals
  • Subdivision Name: Hopewell Terrace
  • Architectural Style: Ranch
  • Garage Yn: No
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Actual
  • Property Sub Type Additional: Duplex
  • Special Features: None
  • Stories: 1

Interior Features

  • Basement: Crawl Space
  • Appliances: Electric Water Heater
  • Basement YN: No
  • Interior Amenities: Bedroom on Main Level, Ceiling Fan(s), Eat-in Kitchen
  • Living Area: 1375.0
  • Stories: 1

Exterior Features

  • Roof: Shingle
  • Fencing: None
  • Waterfront: No
  • Construction Type: Block, Frame, Vinyl Siding
  • Exterior Features: Storage, Shed, Paved Driveway
  • Patio And Porch Features: Rear Porch, Front Porch

Garage/Parking

  • Parking Features: Driveway, Off Street, Paved

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Laundry Features: Washer Hookup, Dryer Hookup

Schools

  • Middle Or Junior School: Carter G. Woodson

Lot Info

  • Parcel Number: 047-0825
  • Zoning Description: R2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 1378.6
  • Tax Lot: 4

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Dupont
  • High School: Hopewell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2024
Closed on
Jul 15, 2024
Sold by
Dunn Donald D
Bought by
Bogese William C T
Seller's Agent
Julia Michael
Virginia Capital Realty
Buyer's Agent
Todd Bogese
Bogese Realty & Construction
List Price
$236,000
Sold Price
$220,000
Premium/Discount to List
-$16,000
-6.78%
Views
189
Current Estimated Value
$230,568

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,568
Avg. Annual Appreciation
1.01%

Purchase Details

Closed on
Aug 19, 2008
Sold by
Connelly Mark A
Bought by
Dunn Donald D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
6.4%
Mortgage Type
Commercial
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
Bogese William C T $220,000 First American Title
Dunn Donald D $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bogese William C T $168,000
Previous Owner Dunn Donald D $85,700
Previous Owner Dunn Donald D $96,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2024 07/22/24 Sold $220,000 -6.8% $160 / Sq Ft
07/02/2024 07/02/24 Pending -- -- --
06/28/2024 06/28/24 For Sale $236,000 0.0% $172 / Sq Ft
05/21/2024 05/21/24 Pending -- -- --
03/19/2024 03/19/24 Price Changed $236,000 -5.6% $172 / Sq Ft
03/01/2024 03/01/24 For Sale $250,000 -- $182 / Sq Ft
Source: Central Virginia Regional 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 $2,332 $199,300 $20,000 $179,300
2024 $1,427 $122,000 $20,000 $102,000
2023 $1,379 $122,000 $20,000 $102,000
2022 $1,192 $105,500 $21,000 $84,500
2021 $1,192 $105,500 $21,000 $84,500
2020 $1,146 $101,400 $21,000 $80,400
2019 $1,146 $101,400 $21,000 $80,400
2018 $1,146 $101,400 $21,000 $80,400
2017 $1,146 $101,400 $21,000 $80,400
2016 $1,146 $101,400 $21,000 $80,400
2015 $1,146 $101,400 $21,000 $80,400
2014 $1,688 $101,400 $21,000 $80,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2405128

Central Virginia Regional MLS

APN: 047-0825