NOT LISTED FOR SALE

1324 E Main St Luray, VA 22835

Estimated Value: $214,000 - $253,199

4 Beds
2 Baths
1,808 Sq Ft
$130/Sq Ft Est. Value

Last Sold May 10, 2024

Last sale price $210,000 $116 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $1,303/month

22 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Electric Baseboard Heater

About This Home

As of May 2024

Investment opportunity!! Conveniently located in the town of Luray, this property is currently operating as a rental property with two units! The main floor unit has a large living room area, with 2 bedrooms, kitchen, bathroom and laundry room. The upstairs rental unit has a kitchen, bathroom, 2 bedrooms and another bonus room that could serve as an additional bedroom or living room area. The upstairs unit has private access on the rear deck. Recently, a new shingled roof has been installed, and the metal roof portion has been painted. Additionally, there has been new soffit and gutters installed. There is duct work ran throughout the property, that would allow for easy installation of a unit. This property is being sold As-Is. This property would make a wonderful investment opportunity, as it is also zoned in the B1 district! don't miss out! Schedule your tour today.

Last Agent to Sell the Property

April Judd

(540) 244-5956 apriljudd.skylineteam@gmail.com Skyline Team Real Estate License #0225246246 Listed on: 03/18/2024

Last Buyer's Agent

Jose Antonio Cabello

(571) 526-8013 realtorva75@gmail.com Impact Real Estate, LLC License #657399

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,240

Year Built

  • Built in 1933

Lot Details

  • 6,098 Sq Ft Lot
  • Property is in average condition
  • Property is zoned B1

Home Design

  • Converted Dwelling
  • Block Foundation
  • Shingle Roof
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 1,808 Sq Ft Home
  • Property has 2 Levels
  • Basement
  • Interior Basement Entry
  • Electric Oven or Range

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • 4 Driveway Spaces
  • Gravel Driveway

Utilities

  • Electric Baseboard Heater
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 40
  • Assessor Parcel Number 42A6 1 40

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,240

Year Built

Built in 1933

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Converted Dwelling
  • Ownership: Fee Simple
  • Inclusions: Refrigerator, oven/range, washer and dryer
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1933
  • Automatically Close On Close Date: No
  • Remarks Public: Investment opportunity!! Conveniently located in the town of Luray, this property is currently operating as a rental property with two units! The main floor unit has a large living room area, with 2 bedrooms, kitchen, bathroom and laundry room. The upstairs rental unit has a kitchen, bathroom, 2 bedrooms and another bonus room that could serve as an additional bedroom or living room area. The upstairs unit has private access on the rear deck. Recently, a new shingled roof has been installed, and the metal roof portion has been painted. Additionally, there has been new soffit and gutters installed. There is duct work ran throughout the property, that would allow for easy installation of a unit. This property is being sold As-Is. This property would make a wonderful investment opportunity, as it is also zoned in the B1 district! don't miss out! Schedule your tour today.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Oven/Range - Electric, Washer, Dryer
  • Flooring Type: Laminated, Hardwood
  • Fireplace: No
  • Foundation Details: Block
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Interior Access
  • Total Sq Ft: 1808
  • Living Area Sq Ft: 1808
  • Price Per Sq Ft: 110.56
  • Above Grade Finished Sq Ft: 1808
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1324

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Roof: Shingle, Metal
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Gravel Driveway
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: PAGE COUNTY PUBLIC SCHOOLS
  • School District Key: 121140891661
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: 11
  • Lot Size Acres: 0.14
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6098.40
  • Property Condition: Average
  • Year Assessed: 2022
  • Zoning: B1
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 1240.00
  • Assessor Parcel Number: 42A6 1 40
  • Tax Lot: 40
  • Tax Total Finished Sq Ft: 1808
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 05/10/2024

MLS Schools

  • School District Name: PAGE COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2024
Closed on
May 10, 2024
Sold by
Spain Loretta
Bought by
Terrazas-Vera Demetrio W
Seller's Agent
April Judd
Skyline Team Real Estate
Buyer's Agent
Jose Antonio Cabello
Impact Real Estate, LLC
List Price
$199,900
Sold Price
$210,000
Premium/Discount to List
$10,100
5.05%
Views
408
Current Estimated Value
$234,550

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,550
Avg. Annual Appreciation
8.04%
Original Mortgage
$203,700
Outstanding Balance
$200,940
Interest Rate
7.06%
Mortgage Type
Construction
Estimated Equity
$33,610

Purchase Details

Listed on
Mar 18, 2024
Closed on
Mar 14, 2024
Sold by
Parlett Joshua S and Parlett Rachel A
Bought by
Spain Loretta
Seller's Agent
April Judd
Skyline Team Real Estate
Buyer's Agent
Jose Antonio Cabello
Impact Real Estate, LLC
List Price
$199,900
Sold Price
$210,000
Premium/Discount to List
$10,100
5.05%
Views
408

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,700
Outstanding Balance
$200,940
Interest Rate
7.06%
Mortgage Type
Construction
Estimated Equity
$33,610

Purchase Details

Closed on
Dec 22, 2010
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
Terrazas-Vera Demetrio W $210,000 --
Spain Loretta $169,900 --
-- $82,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Terrazas-Vera Demetrio W $203,700
Previous Owner Spain Loretta $150,000
Closed Terrazas-Vera Demetrio W $12,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/10/2024 05/10/24 Sold $210,000 +5.1% $116 / Sq Ft
03/18/2024 03/18/24 For Sale $199,900 -- $111 / 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 $725 $122,800 $30,000 $92,800
2024 $725 $122,800 $30,000 $92,800
2023 $896 $122,800 $30,000 $92,800
2022 $896 $122,800 $30,000 $92,800
2021 $896 $122,800 $30,000 $92,800
2020 $672 $92,100 $25,000 $67,100
2019 $672 $92,100 $25,000 $67,100
2018 $645 $92,100 $25,000 $67,100
2017 $608 $92,100 $25,000 $67,100
2016 $608 $92,100 $25,000 $67,100
2015 $800 $125,000 $45,000 $80,000
2014 $800 $125,000 $45,000 $80,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: VAPA2003206

Bright MLS

APN: 42A6 1 40