NOT LISTED FOR SALE

16626 E Summit Ave Elkton, VA 22827

Estimated Value: $172,000 - $203,000

2 Beds
1 Bath
871 Sq Ft
$212/Sq Ft Est. Value

Last Sold September 22, 2021

Last sale price $125,000 $144 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $1,007/month

19 Days on Market

About This Home

As of September 2021

Call now to see this bungalow in Elkton, VA. This home features 2 bedrooms, 1 bath along with a detached manufactured home on the property. The home is tenant occupied that are on a month to month lease. Showings will be very limited. The house will have openings this Friday between 10:00 PM and 5:00 PM

Last Agent to Sell the Property

Gary Mitchell

Massanutten Realty License #0225073453 Listed on: 07/17/2021

Last Buyer's Agent

Douglas Byler

Heritage Real Estate Co License #0225219767

Heritage Real Estate Co

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $600

Year Built

  • Built in 1942

Lot Details

  • 10,019 Sq Ft Lot
  • Property is zoned R-2 Residential

Home Design

  • Poured Concrete
  • Asbestos Siding

Interior Spaces

  • 871 Sq Ft Home
  • 1-Story Property
  • Walk-Out Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Primary bathroom on main floor

Schools

  • Elkton Elementary And Middle School
  • East Rockingham High School

Utilities

  • Hot Water Heating System
  • Heating System Uses Oil
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 25547 & 25548

Home Details

Home Type

Single Family

Est. Annual Taxes

$600

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Type: Detached
  • Above Grade Finished Sq Ft: 871
  • Design: Bungalow
  • L V T Date: 07/19/2021
  • Nameof Property: Morris
  • Parcel Number: 25547 & 25548
  • Price Per Sq Ft: 143.51
  • Property Included: Manufactured home onsite will convey. No know title.
  • Total Sq Ft: 871
  • Type of Construction: On Site Built
  • Zoning: R-2 Residential
  • Subdivision: NONE
  • Comments: Yes
  • Concatenated Rooms1: |
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement Type: Outside Entrance
  • Total Finished Sq Ft: 871
  • Above Grade Finished Sq Ft: 871
  • Basement: Yes
  • Foundation: Poured Concrete
  • Level: 1 Story
  • Primary Bathroom Main Level: Yes
  • Master Bedon Main Level: Yes
  • Bathrooms: 1
  • Number Beds: 2
  • Full Bathrooms: 1
  • Source of Sq Ft: Public Records

Exterior Features

  • Exterior: Asbestos
  • Number Of Acres: 0.23

Utilities

  • Heating: Hot Water, Oil
  • Cable Available: Cable
  • Sewer/Septic System: Public Sewer
  • Water: Public Water

Building Info

  • Year Built: 1942

Tax Info

  • Year: 20
  • Taxes: 600

MLS Schools

  • HighSchool: East Rockingham
  • Middle School: Elkton
  • Elementary School: Elkton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2021
Closed on
Sep 9, 2021
Sold by
Morris Richard
Bought by
Renaissance Llc
Seller's Agent
Gary Mitchell
Massanutten Realty
Buyer's Agent
Douglas Byler
Heritage Real Estate Co
List Price
$135,000
Sold Price
$125,000
Premium/Discount to List
-$10,000
-7.41%
Current Estimated Value
$184,269

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,269
Avg. Annual Appreciation
9.26%
Original Mortgage
$100,000
Outstanding Balance
$90,993
Interest Rate
2.8%
Mortgage Type
Credit Line Revolving
Estimated Equity
$93,276
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Renaissance Llc $125,000 Members Title
Renaissance Llc $125,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Renaissance Llc $100,000
Closed Renaissance Llc $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/22/2021 09/22/21 Sold $125,000 -7.4% $144 / Sq Ft
08/05/2021 08/05/21 Pending -- -- --
07/17/2021 07/17/21 For Sale $135,000 -- $155 / Sq Ft
Source: Harrisonburg-Rockingham Association of REALTORS®

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 $602 $88,500 $28,000 $60,500
2024 $602 $88,500 $28,000 $60,500
2023 $602 $88,500 $28,000 $60,500
2022 $602 $88,500 $28,000 $60,500
2021 $498 $67,300 $28,000 $39,300
2020 $498 $67,300 $28,000 $39,300
2019 $498 $67,300 $28,000 $39,300
2018 $498 $67,300 $28,000 $39,300
2017 $492 $66,500 $28,000 $38,500
2016 $466 $66,500 $28,000 $38,500
2015 $219 $66,500 $28,000 $38,500
2014 $213 $66,500 $28,000 $38,500
Source: Public Records

Agents Affiliated with this Home

  • Gary Mitchell

    Seller's Agent in 2021

    Gary Mitchell

    Massanutten Realty

    (540) 578-0178

    21 in this area

    130 Total Sales

    Gary Mitchell
    Section Image
  • Douglas Byler

    Buyer's Agent in 2021

    Douglas Byler

    Heritage Real Estate Co

    (540) 490-2886

    3 in this area

    71 Total Sales

    Douglas Byler
    Section Image
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Map

Source: Harrisonburg-Rockingham Association of REALTORS®

MLS Number: 620133

Harrisonburg-Rockingham Association of REALTORS®

APN: 131B4-4-B-A-L9

Virginia Rockingham County Elkton 22827

16626 E Summit Ave, Elkton, VA

Not Listed for Sale

Detached

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