NOT LISTED FOR SALE

168 S C St Timberville, VA 22853

Estimated Value: $296,000 - $576,000

-- Bed
3 Baths
-- Sq Ft
1 Acres

Last Sold April 15, 2021

Last sale price $850,000

Est. 47% decrease in value since last sale

Current estimated payment $2,735/month

66 Days on Market

Highlights

  • 1 Acre Lot
  • Central Air
  • Heat Pump System
  • No HOA

About This Home

As of April 2021

Check Out this Great Rental Investment Opportunity! 1 Acre lot divided into two 1/2 Acre lots, with One 4BDRM Home built in 1920's, Four 3 BDRM 2 1/2 Bath Town Houses built in 2005, and One Side by Side 2 BDRM 1 Bath Duplex. Total of 7 units all Tenant Occupied. Located in Timberville VA, nestled among the rolling hills of the Shenandoah Valley, with Blue Ridge Mountains to the east and the Appalachian Mountains to the west. The Town is located in northern Rockingham County just minutes from Interstate 81. Call Agent for more information.

Last Agent to Sell the Property

ROBERT ADAMS

COMPASS WEST REALTY, LLC License #CAAR:ADAMS14437 Listed on: 11/14/2020

Last Buyer's Agent

ROBERT ADAMS

COMPASS WEST REALTY, LLC License #CAAR:ADAMS14437 Listed on: 11/14/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,107

Year Built

  • Built in 2000

Lot Details

  • 1 Acre Lot

Home Design

  • Duplex
  • Slab Foundation

Schools

  • Plains Elementary School
  • J. Frank Hillyard Middle School
  • Broadway High School

Utilities

  • Central Air
  • Heat Pump System

Community Details

  • No Home Owners Association
  • 7 Units

Listing and Financial Details

  • The owner pays for real estate taxes

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,107

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • New Construction: No
  • Year Built: 2000
  • Remarks Public: Check Out this Great Rental Investment Opportunity! 1 Acre lot divided into two 1/2 Acre lots, with One 4BDRM Home built in 1920's, Four 3 BDRM 2 1/2 Bath Town Houses built in 2005, and One Side by Side 2 BDRM 1 Bath Duplex. Total of 7 units all Tenant Occupied. Located in Timberville VA, nestled among the rolling hills of the Shenandoah Valley, with Blue Ridge Mountains to the east and the Appalachian Mountains to the west. The Town is located in northern Rockingham County just minutes from Interstate 81. Call Agent for more information.
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Slab
  • Price Per Sq Ft: 566.67
  • Street Number Modifier: 168

Exterior Features

  • Construction Completed: No
  • Water Oriented: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C, Heat Pump(s)
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Internet Services: Cable

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • School District: ROCKINGHAM COUNTY PUBLIC SCHOOLS
  • Elementary School: PLAINS
  • Middle School: J. FRANK HILLYARD
  • High School: BROADWAY
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121140351894
  • School District Source: Listing Agent
  • Elementary School: PLAINS
  • High School: BROADWAY
  • Middle Or Junior School: J. FRANK HILLYARD

Lot Info

  • Lot Size Acres: 1.00
  • Zoning: R-1
  • Zoning Description: Low Density Residential

Rental Info

  • Owner Pays: Taxes - Real Estate
  • Vacation Rental: No

Multi Family

  • Gross Income: 5876.00
  • Other Units: Unit 1

Tax Info

  • Tax Annual Amount: 5107.00
  • Tax Year: 2020
  • Close Date: 04/15/2021

MLS Schools

  • School District Name: ROCKINGHAM COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2020
Closed on
Apr 14, 2021
Sold by
Jc Rentals Llc
Bought by
Landis Matthew S and Landis Cheryl B
Seller's Agent
ROBERT ADAMS
COMPASS WEST REALTY, LLC
Buyer's Agent
ROBERT ADAMS
COMPASS WEST REALTY, LLC
List Price
$979,900
Sold Price
$850,000
Premium/Discount to List
-$129,900
-13.26%
Current Estimated Value
$449,526

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$400,474
Avg. Annual Appreciation
-13.83%
Original Mortgage
$304,500
Outstanding Balance
$186,132
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$260,815

Purchase Details

Closed on
Apr 5, 2018
Sold by
Cox James F and Cox Lisa C
Bought by
Jc Rentals Llc
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
Landis Matthew S $435,000 Chicago Title Insurance Co
Jc Rentals Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Landis Matthew S $304,500
Closed Landis Matthew S $304,500
Previous Owner Cox James P $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2021 04/15/21 Sold $850,000 -13.3% --
01/19/2021 01/19/21 Pending -- -- --
11/14/2020 11/14/20 For Sale $979,900 -- --
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
2025 $3,288 $483,600 $48,000 $435,600
2024 $3,288 $483,600 $48,000 $435,600
2023 $3,288 $483,600 $48,000 $435,600
2022 $3,288 $483,600 $48,000 $435,600
2021 $2,588 $349,700 $48,000 $301,700
2020 $2,588 $349,700 $48,000 $301,700
2019 $2,588 $349,700 $48,000 $301,700
2018 $2,588 $349,700 $48,000 $301,700
2017 $2,392 $323,300 $48,000 $275,300
2016 $2,263 $323,300 $48,000 $275,300
2015 $2,166 $323,300 $48,000 $275,300
2014 $2,069 $323,300 $48,000 $275,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 610903

Bright MLS

APN: 40A2-A-L50A