NOT LISTED FOR SALE

135 W Main St Wardensville, WV 26851

Estimated Value: $248,157

-- Bed
4 Baths
1,800 Sq Ft
$138/Sq Ft Est. Value

Last Sold August 11, 2021

Last sale price $190,000 $106 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $1,414/month

Highlights

  • No HOA
  • Electric Baseboard Heater
  • Historic Home
  • Multiple cooling system units
  • Dwelling with Rental

About This Home

As of August 2021

Investment/ income producing property in downtown Wardensville, WV. Building has four separately metered units - three 1 bedroom apartments, all of which are all rented and separately metered. Each apartment has a kitchen and full bathroom. There is one storefront unit with a half bath which is currently used as an office by the current owner. The building dates back to 1910 and his historic charm, new roof within the last 10 years, updated bathrooms and kitchens. Storage building in the rear of the property could provide additional income if finished or rented. Great opportunity to own a commercial property in a community that has seen growing business opportunities over the last 5+ years. This property is offered as-is.

Last Agent to Sell the Property

Jesse Halpern

Randall Ashelman & Associates, Inc. Listed on: 06/27/2021

Last Buyer's Agent

Stuart Sinclair

Coldwell Banker Premier License #WVS200301032

Coldwell Banker Premier

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,112

Year Built

  • Built in 1910

Lot Details

  • 6,098 Sq Ft Lot
  • Historic Home

Home Design

  • 1,800 Sq Ft Home
  • Dwelling with Rental
  • Metal Roof

Parking

  • Public Parking
  • On-Street Parking
  • Parking Lot
  • Off-Street Parking

Utilities

  • Multiple cooling system units
  • Heat Pump System
  • Electric Baseboard Heater
  • Electric Water Heater

Listing and Financial Details

  • The owner pays for water

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 1 Vacant Unit
  • Income includes apartment rentals

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,112

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Over Storefront
  • Architectural Style: Dwelling With Rental
  • Ownership: Fee Simple
  • Historic: Yes
  • Home Warranty: No
  • New Construction: No
  • Expected On Market: 2021-06-27
  • Year Built: 1910
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Investment/ income producing property in downtown Wardensville, WV. Building has four separately metered units - three 1 bedroom apartments, all of which are all rented and separately metered. Each apartment has a kitchen and full bathroom. There is one storefront unit with a half bath which is currently used as an office by the current owner. The building dates back to 1910 and his historic charm, new roof within the last 10 years, updated bathrooms and kitchens. Storage building in the rear of the property could provide additional income if finished or rented. Great opportunity to own a commercial property in a community that has seen growing business opportunities over the last 5+ years. This property is offered as-is.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Basement: No
  • Total Sq Ft: 1800
  • Living Area Sq Ft: 1800
  • Price Per Sq Ft: 77.22
  • Above Grade Finished Sq Ft: 1800
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 135

Exterior Features

  • Other Structures: Above Grade
  • Roof: Metal
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Public
  • Type Of Parking: On Street, Off Street, Parking Lot

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Multi Units
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: HARDY COUNTY SCHOOLS
  • School District Key: 121141186931
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 49620.00
  • Land Assessed Value: 4620.00
  • Lot Size Acres: 0.14
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6098.40
  • Year Assessed: 2020
  • Zoning: COMMERCIAL
  • In City Limits: Yes

Rental Info

  • Existing Lease Type: Yearly
  • Ground Rent Exists: No
  • Owner Pays: Water
  • Rent Control: No
  • Units Leased Count: 3
  • Vacation Rental: No

Multi Family

  • Number Of Units Vacant: 1
  • Income Includes: Apartment Rentals

Tax Info

  • Tax Annual Amount: 1111.70
  • Assessor Parcel Number: NO TAX RECORD
  • Tax Year: 2020
  • Close Date: 08/11/2021

MLS Schools

  • School District Name: HARDY COUNTY SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2021
Closed on
Aug 11, 2021
Sold by
Winston Enterprises Llc
Bought by
Strong Roots Prop Llc
Seller's Agent
Jesse Halpern
Randall Ashelman & Associates, Inc.
Buyer's Agent
Stuart Sinclair
Coldwell Banker Premier
List Price
$139,000
Sold Price
$190,000
Premium/Discount to List
$51,000
36.69%
Current Estimated Value
$248,157

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,157
Avg. Annual Appreciation
6.01%
Original Mortgage
$142,500
Outstanding Balance
$130,966
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$110,387

Purchase Details

Closed on
Apr 22, 2010
Sold by
Walters Jack H
Bought by
Capon Valley Bank
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
Strong Roots Prop Llc $190,000 None Available
Capon Valley Bank $105,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Strong Roots Prop Llc $142,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2021 08/11/21 Sold $190,000 +36.7% $106 / Sq Ft
07/02/2021 07/02/21 Pending -- -- --
06/27/2021 06/27/21 For Sale $139,000 +85.3% $77 / Sq Ft
03/12/2014 03/12/14 Sold $75,000 -41.4% --
11/13/2013 11/13/13 Pending -- -- --
05/29/2013 05/29/13 For Sale $128,000 -- --
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
2024 $1,106 $54,240 $4,620 $49,620
2023 $1,109 $54,240 $4,620 $49,620
2022 $1,116 $54,240 $4,620 $49,620
2021 $1,116 $54,240 $4,620 $49,620
2020 $1,112 $54,240 $4,620 $49,620
2019 $1,119 $54,240 $4,620 $49,620
2018 $1,118 $54,240 $4,620 $49,620
2017 $1,118 $54,240 $4,620 $49,620
2016 $1,122 $54,240 $4,620 $49,620
2015 $1,122 $54,240 $4,620 $49,620
2014 $1,122 $54,240 $4,620 $49,620
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: WVHD2000042

Bright MLS

APN: 06-1-00820000