NOT LISTED FOR SALE

1322 N Main St South Boston, VA 24592

Estimated Value: $123,000 - $152,000

3 Beds
2 Baths
2,120 Sq Ft
$62/Sq Ft Est. Value

Last Sold December 07, 2017

Last sale price $40,000 $19 Per Sq Ft

Est. 234% increase in value since last sale

Current estimated payment $751/month

15 Days on Market

Highlights

  • Wood Flooring
  • Wood Siding
  • Heat Pump System
  • Cooling Available

About This Home

As of December 2017

Excellent opportunity to own a duplex located near downtown South Boston. First floor apartment (Apt. A) has two bedrooms, one bathroom, living room, eat-in kitchen, storage room and laundry room. Second floor apartment (Apt. B) has one bedroom, one bathroom, living room and eat-in kitchen. Apt. A has a gas pack and Apt. B. has a heat pump for heating and cooling. This duplex is priced to sell and is being offered UNDER TAX VALUE. Call today to schedule your appointment! **Information deemed accurate, but not guaranteed; interested parties should verify any and all information to their satisfaction.**

Last Agent to Sell the Property

Rhonda Buckley

Long and Foster - South Boston License #0225199897 Listed on: 10/22/2017

Long and Foster  - South Boston

Last Buyer's Agent

Ken Buckley

Long and Foster - South Boston License #0225225056

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $231

Year Built

  • Built in 1950

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 80 x 150

Parking

  • Open Parking

Home Design

  • Duplex
  • Metal Roof
  • Wood Siding
  • Block Exterior

Interior Spaces

  • 2,120 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Wood Under Carpet
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Schools

  • South Boston Elementary School
  • Halifax County Middle School
  • Halifax County High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Electric Water Heater

Community Details

  • 2 Units
  • Water Sewer Expense $825

Listing and Financial Details

  • The owner pays for water, sewer
  • Assessor Parcel Number 1396

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$231

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.28
  • Lot Size: 80 x 150
  • Directions: From downtown South Boston, take North Main Street. Home will be on the right.
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Structure Type: Duplex
  • Year Built: 1950
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, One Bedroom (Refrigerator), One Bedroom (Range), Two Bedroom (Refrigerator)
  • Owner Pays: Water, Sewer
  • Total Bedrooms: 3
  • Flooring: Carpet, Wood, Carpet Over Hardwood, Vinyl
  • Interior Amenities: One Bedroom (1 Bath), Two Bedroom (1 Bath), Two Bedroom (Storage Room)
  • Living Area: 2120
  • Window Features: One Bedroom (Storm Windows), Two Bedroom (Storm Windows)

Exterior Features

  • Lot Features: Under 1 Acre
  • Waterfront: No
  • Construction Type: Wood Siding, Block
  • Patio And Porch Features: Two Bedroom (Porch)
  • Property Condition: 41-75 Years
  • Roof: Metal, 36+

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: Other-See Remarks, Parking Lot, On Street

Utilities

  • Laundry Features: W/D Hookup (Two Bedroom), Individual Laundry Facility
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Gas Pack, Heat Pump
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Connected
  • Water Source: Public

Fee Information

  • Annual Water Sewer Expense: 825.36

Schools

  • Elementary School: South Boston Elementary
  • High School: Halifax County High
  • Middle Or Junior School: Halifax County Middle

Lot Info

  • Lot Size Sq Ft: 12196.8
  • Parcel #: 1396
  • Zoning: R2
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Lease Term: 12 Months

Multi Family

  • Number Of Units Total: 2
  • Above Grade Finished Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2017
Closed on
Dec 6, 2017
Sold by
Osborne W Wyatt and Osborne Flora Bethell
Bought by
Morgan Tina W
Seller's Agent
Rhonda Buckley
Long and Foster - South Boston
Buyer's Agent
Ken Buckley
Long and Foster - South Boston
List Price
$49,900
Sold Price
$40,000
Premium/Discount to List
-$9,900
-19.84%
Current Estimated Value
$133,659

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,659
Avg. Annual Appreciation
16.54%
Original Mortgage
$32,000
Interest Rate
3.94%
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
Morgan Tina W $40,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morgan Tina W $100,000
Closed Morgan Tina W $32,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/08/2018 03/08/18 Off Market $40,000 -- --
12/07/2017 12/07/17 Sold $40,000 -19.8% $19 / Sq Ft
11/07/2017 11/07/17 Pending -- -- --
10/22/2017 10/22/17 For Sale $49,900 -- $24 / Sq Ft
Source: Southern Piedmont Land & Lake 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 $231 $46,239 $9,600 $36,639
2024 $231 $46,239 $9,600 $36,639
2023 $186 $37,149 $9,600 $27,549
2022 $186 $37,149 $9,600 $27,549
2021 $189 $37,856 $9,600 $28,256
2020 $189 $37,856 $9,600 $28,256
2019 $190 $37,972 $9,600 $28,372
2018 $182 $37,972 $9,600 $28,372
2016 $259 $53,873 $9,600 $44,273
2015 $259 $53,873 $9,600 $44,273
2014 $248 $53,873 $9,600 $44,273
2013 $250 $55,512 $9,600 $45,912
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Piedmont Land & Lake Association of REALTORS®

MLS Number: 61229

APN: 1396