NOT LISTED FOR SALE

16 Moores Pointe Rd Deltaville, VA 23043

Estimated Value: $286,000 - $441,000

4 Beds
2 Baths
1,488 Sq Ft
$234/Sq Ft Est. Value

Last Sold May 31, 2022

Last sale price $250,000 $168 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $1,954/month

21 Days on Market

Highlights

  • Deck
  • Wooded Lot
  • High Speed Internet
  • Middlesex High School Rated 9+
  • Front Porch
  • Level Lot

About This Home

As of May 2022

This duplex is an excellent investment opportunity situated in the heart of Deltaville. These two units present an affordable multi-family housing investment. One established tenant and the opportunity to fill one unit with a tenant of your choice or occupy the unit yourself. Each unit has two bedrooms and one bathroom. A full front porch and the private back porches allow for ample outdoor living space. Each unit is equipped with a utility room with a washer, dryer and water heater. Fully equipped kitchens with stainless steel appliances. Built in 2009, this property is in almost new condition and extremely low maintenance. Units have living and dining spaces, separate front and rear entrances, and ample gravel parking. Broadband Internet available. High demand for local long term rentals contributes to this sound investment. Alternatively, a unique opportunity to own an efficient place at the river and use the rental income to offset the mortgage. Potential Airbnb in wonderful location in Deltaville allows for convenient access to local marinas, restaurants, and parks. Quick access to the Chesapeake Bay byway of Norview Marina, Fishing Bay Yacht Club, Stingray Point Marina, etc.

Last Agent to Sell the Property

Emily Oliver

Samson Properties License #0225240065 Listed on: 05/09/2022

Samson Properties

Last Buyer's Agent

Terry Hare

Virginia Capital Realty License #0225236118

Virginia Capital Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,008

Year Built

  • Built in 2008

Lot Details

  • 1.02 Acre Lot
  • Level Lot
  • Wooded Lot

Home Design

  • Duplex
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 1,488 Sq Ft Home
  • 1-Story Property
  • Wired For Data
  • Crawl Space
  • Laminate Countertops
  • Washer and Dryer Hookup

Parking

  • Shared Driveway
  • Unpaved Parking

Outdoor Features

  • Deck
  • Exterior Lighting
  • Front Porch

Schools

  • Middlesex Elementary School
  • Saint Clare Walker Middle School
  • Middlesex High School

Utilities

  • Well
  • Water Heater
  • Septic Tank
  • High Speed Internet

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Lot 1.023
  • Assessor Parcel Number 40-122-1A

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,008

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Year Built: 2008
  • Lot Size Acres: 1.023
  • Ownership: Corporate
  • Subdivision Name: None
  • Architectural Style: Other, 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: Water Heater
  • Basement YN: No
  • Interior Amenities: Bedroom on Main Level, High Speed Internet, Laminate Counters, Main Level Primary, Wired for Data
  • Living Area: 1488.0
  • Stories: 1

Exterior Features

  • Fencing: None
  • Lot Features: Level, Wooded
  • Waterfront: No
  • Disclosures: Seller Disclosure
  • Construction Type: Drywall, Vinyl Siding, Wood Siding
  • Exterior Features: Lighting, Unpaved Driveway
  • Patio And Porch Features: Rear Porch, Deck, Front Porch

Garage/Parking

  • Parking Features: Driveway, Shared Driveway, Unpaved

Utilities

  • Sewer: Septic Tank
  • Water Source: Well
  • Laundry Features: Washer Hookup, Dryer Hookup

Schools

  • Middle Or Junior School: Saint Clare Walker

Lot Info

  • Parcel Number: 40-122-1A
  • Zoning Description: R
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 1008.0
  • Tax Lot: 1.023

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Middlesex
  • High School: Middlesex

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2022
Closed on
May 19, 2022
Sold by
Carmel Holding Company Llc
Bought by
Phillips Kimberly O and Phillips Jason E
Seller's Agent
Emily Oliver
Samson Properties
Buyer's Agent
Terry Hare
Virginia Capital Realty
List Price
$209,900
Sold Price
$250,000
Premium/Discount to List
$40,100
19.1%
Current Estimated Value
$347,805

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,805
Avg. Annual Appreciation
10.33%

Purchase Details

Closed on
Dec 10, 2020
Sold by
Ward Katherine May
Bought by
Carmel Holding Company Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,000
Interest Rate
2.7%
Mortgage Type
New Conventional
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
Phillips Kimberly O $250,000 Old Republic Title
Carmel Holding Company Llc $178,000 Apex Title & Settlement Svcs
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Carmel Holding Company Llc $198,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2022 05/31/22 Sold $250,000 +19.1% $168 / Sq Ft
05/09/2022 05/09/22 For Sale $209,900 -- $141 / Sq Ft
Source: Chesapeake Bay & Rivers 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 $1,223 $200,500 $52,100 $148,400
2024 $1,223 $200,500 $52,100 $148,400
2023 $1,223 $200,500 $52,100 $148,400
2022 $1,223 $200,500 $52,100 $148,400
2021 $1,008 $162,500 $47,600 $114,900
2020 $1,008 $162,500 $47,600 $114,900
2019 $1,008 $162,500 $47,600 $114,900
2018 $910 $162,500 $47,600 $114,900
2017 $910 $162,500 $47,600 $114,900
2016 $800 $151,000 $46,100 $104,900
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Chesapeake Bay & Rivers Association of REALTORS®

MLS Number: 2211669

Chesapeake Bay & Rivers Association of REALTORS®

APN: 40-122-1A