NOT LISTED FOR SALE

16648 Wise St Saint Paul, VA 24283

Estimated Value: $132,845 - $242,000

4 Beds
1 Bath
2,852 Sq Ft
$63/Sq Ft Est. Value

Last Sold April 01, 2019

Last sale price $80,000 $28 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $1,014/month

256 Days on Market

Highlights

  • Mature Trees
  • Storm Windows
  • Ceiling Fan
  • 1 Fireplace
  • Central Air
  • Washer and Dryer

About This Home

As of April 2019

Investment property priced to sell! Duplex with great rental history. Each unit has two bedrooms, one bath, dining, living & kitchen area. Each unit has over 1,400 sq ft of living space. Great location in the town of St. Paul. Both units are currently rented and have separate meters.

Last Agent to Sell the Property

Debbie Dotson

United Country Southern Real Estate Listed on: 05/10/2018

Last Buyer's Agent

Debbie Dotson

United Country Southern Real Estate Listed on: 05/10/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $792

Year Built

  • Built in 1985

Lot Details

  • 1,220 Sq Ft Lot
  • Mature Trees

Home Design

  • Duplex
  • Brick Exterior Construction
  • Block Foundation
  • Shingle Roof
  • Block Exterior
  • Vinyl Siding

Interior Spaces

  • 2,852 Sq Ft Home
  • Ceiling Fan
  • 1 Fireplace
  • Storm Windows
  • Stove
  • Washer and Dryer

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Bathroom

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Schools

  • St Paul Elementary And Middle School
  • Eastside High School

Utilities

  • Central Air
  • Heat Pump System
  • Separate Meters
  • Natural Gas Not Available
  • Electric Water Heater

Listing and Financial Details

  • Total Actual Rent $400
  • Tax Lot 19-22

Community Details

Overview

  • 2 Units

Building Details

  • Gross Income $9,600
  • Net Operating Income $8,808

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$792

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.028
  • Lot Size: .028+-
  • Road Surface Type: Paved
  • Directions: I81S to Exit 14. Turn right at the end of ramp onto Old Jonesboro Rd. take right onto W Main St. turn left onto Porterfield Hwy/Us 19, continue to follow 19N to HWY 58/US-58 Alt W for approximately 15 miles. Turn right onto 4th Avenue. Turn right onto Wise St. Property will be on the right. See sign.
  • Above Grade Finished Sq Ft: 2852
  • Structure Type: Up & Down
  • Year Built: 1985
  • Special Features: None

Interior Features

  • Appliances: None, Electric Water Heater, 2 Bdrm-Washer/Dryer, 2 Bdrm-Stove, 2 Bdrm-Refrigerator
  • Has Basement: Full, Unfinished, Walk-Out Access
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1426
  • Fireplace Features: One
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Ceiling Fan(s)
  • Living Area: 2852
  • Window Features: Storm Window(s)

Exterior Features

  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block, Vinyl Siding, Brick
  • Exterior Features: Mature Trees
  • Foundation Details: Block
  • Property Condition: Exterior Condition: Average, Interior Condition: Average
  • Roof: Shingle

Utilities

  • Laundry Features: In Basement
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Electric: Separate Meters
  • Sewer: Public Sewer
  • Utilities: Natural Gas Not Available
  • Water Source: Public

Schools

  • Elementary School: St Paul
  • High School: Eastside High
  • Middle Or Junior School: St Paul

Lot Info

  • Lot Size Sq Ft: 1219.68
  • Zoning: A-RR
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 9600
  • Property Net Operating Income: 8808.3
  • Number Of Units Leased: 2
  • Total Actual Rent: 400
  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 791.7
  • Tax Lot: 19-22
  • Tax Map Number: 004740
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 31, 2021
Sold by
Heritage Property Group Llc
Bought by
Mitchell Samantha E
Current Estimated Value
$179,211

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,340
Outstanding Balance
$42,426
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$135,738

Purchase Details

Listed on
May 10, 2018
Closed on
Apr 24, 2019
Sold by
Mitchell Kenneth Maurice and Mitchell Samantha Elaine
Bought by
Heritage Property Group Llc
Seller's Agent
Debbie Dotson
United Country Southern Real Estate
Buyer's Agent
Debbie Dotson
United Country Southern Real Estate
List Price
$99,900
Sold Price
$80,000
Premium/Discount to List
-$19,900
-19.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.20%
Original Mortgage
$64,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 10, 2018
Closed on
Apr 1, 2019
Sold by
Hill Bobby W and Hill Bernice
Bought by
Mitchell Kenneth Maurice and Mitchell Samantha Elaine
Seller's Agent
Debbie Dotson
United Country Southern Real Estate
Buyer's Agent
Debbie Dotson
United Country Southern Real Estate
List Price
$99,900
Sold Price
$80,000
Premium/Discount to List
-$19,900
-19.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 4, 2007
Sold by
Tudor Josephine C
Bought by
Hill Bobby W and Hill Bernice
Source: Public Records

Range of Values:

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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
Mitchell Samantha E -- None Available
Heritage Property Group Llc -- None Available
Mitchell Kenneth Maurice $80,000 None Available
Hill Bobby W $100,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mitchell Samantha Elaine $65,340
Previous Owner Mitchell Kenneth Maurice $64,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2019 04/01/19 Sold $80,000 -19.9% $28 / Sq Ft
01/22/2019 01/22/19 Pending -- -- --
05/10/2018 05/10/18 For Sale $99,900 -- $35 / Sq Ft
Source: Southwest Virginia 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 $705 $102,200 $12,000 $90,200
2024 $705 $102,200 $12,000 $90,200
2023 $705 $102,200 $12,000 $90,200
2022 $705 $102,200 $12,000 $90,200
2021 $676 $97,900 $12,000 $85,900
2020 $676 $97,900 $12,000 $85,900
2019 $676 $97,900 $12,000 $85,900
2018 $607 $97,900 $12,000 $85,900
2017 $604 $97,900 $12,000 $85,900
2016 $609 $101,500 $12,000 $89,500
2015 -- $101,500 $12,000 $89,500
2010 -- $101,500 $12,000 $89,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwest Virginia Association of REALTORS®

MLS Number: 64651

APN: R004740