1407 W Broad St Waynesboro, VA 22980
6
Beds
2
Baths
2,097
Sq Ft
9,148
Sq Ft Lot
Highlights
- Main Floor Primary Bedroom
- Central Air
- Heating System Uses Natural Gas
- Brick Exterior Construction
About This Home
As of April 2025Lovely Waynesboro home rental with existing AirBnB business. This dwelling has 6 separate rooms that are rented out on short term basis through AirBnB and repeat business. The current owner has thriving business from the Appalachian Trail hikers and other travelers. Gross rents average $6,000/mo. Excellent cash flow and business opportunity.
Last Agent to Sell the Property
KW COMMONWEALTH License #225223265 Listed on: 10/10/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,367
Year Built
- Built in 1928
Lot Details
- 9,148 Sq Ft Lot
- Property is zoned LB Local Business
Home Design
- Brick Exterior Construction
- HardiePlank Siding
Interior Spaces
- 1.5-Story Property
- Unfinished Basement
Bedrooms and Bathrooms
- 6 Bedrooms
- Primary Bedroom on Main
- 2 Full Bathrooms
- Primary bathroom on main floor
Schools
- Westwood Hills Elementary School
- Kate Collins Middle School
- Waynesboro High School
Utilities
- Central Air
- Heating System Uses Natural Gas
- Heat Pump System
Listing and Financial Details
- Assessor Parcel Number 34-3-5-1 & 2
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 10, 2023
Closed on
Apr 16, 2025
Sold by
Stanimals 328 Llc and Stanimals328 Llc
Bought by
Tree Street Properties Va Llc
Seller's Agent
Jason Harris
KW COMMONWEALTH
Buyer's Agent
KATHERINE SCHMANDT
OLD DOMINION REALTY INC - AUGUSTA
List Price
$999,000
Sold Price
$712,500
Premium/Discount to List
-$286,500
-28.68%
Total Days on Market
382
Views
60
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-90.65%
Original Mortgage
$2,000,000
Outstanding Balance
$2,000,000
Interest Rate
6.63%
Estimated Equity
-$1,512,308
Purchase Details
Closed on
May 14, 2019
Sold by
Main Street Land Co Llc
Bought by
Stanimals 328 Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
4.1%
Mortgage Type
Commercial
Similar Homes in Waynesboro, VA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $4,750,000 | None Listed On Document | |
| Warranty Deed | $188,000 | Attorney |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $2,000,000 | No Value Available | |
| Closed | $2,007,500 | Credit Line Revolving | |
| Previous Owner | $750,000 | Construction | |
| Previous Owner | $145,000 | Commercial | |
| Previous Owner | $255,000 | Credit Line Revolving | |
| Previous Owner | $290,000 | Credit Line Revolving | |
| Previous Owner | $45,000 | Credit Line Revolving |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/16/2025 04/16/25 | Sold | $712,500 | -20.7% | $340 / Sq Ft |
| 10/26/2024 10/26/24 | Pending | -- | -- | -- |
| 05/29/2024 05/29/24 | Price Changed | $899,000 | -5.3% | $429 / Sq Ft |
| 05/09/2024 05/09/24 | Price Changed | $949,000 | -5.0% | $453 / Sq Ft |
| 04/26/2024 04/26/24 | For Sale | $999,000 | 0.0% | $476 / Sq Ft |
| 04/26/2024 04/26/24 | Price Changed | $999,000 | +40.2% | $476 / Sq Ft |
| 10/12/2023 10/12/23 | Off Market | $712,500 | -- | -- |
| 10/10/2023 10/10/23 | For Sale | $499,000 | -- | $238 / Sq Ft |
Source: Charlottesville Area Association of REALTORS®
Tax History Compared to Growth
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 | $1,883 | $244,600 | $75,200 | $169,400 |
| 2023 | $1,883 | $244,600 | $75,200 | $169,400 |
| 2022 | $1,714 | $190,400 | $75,200 | $115,200 |
| 2021 | $1,714 | $190,400 | $75,200 | $115,200 |
| 2020 | $1,665 | $185,000 | $75,200 | $109,800 |
| 2019 | $1,665 | $185,000 | $75,200 | $109,800 |
| 2018 | $1,545 | $171,700 | $75,200 | $96,500 |
| 2017 | $1,494 | $171,700 | $75,200 | $96,500 |
| 2016 | $1,301 | $162,600 | $67,200 | $95,400 |
| 2015 | $1,301 | $162,600 | $67,200 | $95,400 |
| 2014 | -- | $160,400 | $67,200 | $93,200 |
| 2013 | -- | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Jason Harris
Seller's Agent in 2025
Jason Harris
KW COMMONWEALTH
(540) 280-6362
161 Total Sales
-
KATHERINE SCHMANDT
Buyer's Agent in 2025
KATHERINE SCHMANDT
OLD DOMINION REALTY INC - AUGUSTA
(540) 280-6968
50 Total Sales
Map
Source: Charlottesville Area Association of REALTORS®
MLS Number: 646484
APN: 34 3 5- 2
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