NOT LISTED FOR SALE

1723 17th St Nitro, WV 25143

Estimated Value: $133,000 - $228,000

4 Beds
2 Baths
1,780 Sq Ft
$95/Sq Ft Est. Value

Last Sold July 27, 2021

Last sale price $95,000 $53 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $1,057/month

106 Days on Market

Highlights

  • Public Transportation
  • Carpet
  • 4-minute walk to Memorial Park
  • Forced Air Heating and Cooling System

About This Home

As of July 2021

Newly updated duplex in heart of Nitro. New roof! Unit A/1 has new paint and fixtures. Off street parking is available for both units. Walking distance to bus and stores. Great investment to live in one and rent the adjacent one. Monthly rental income is $1270. As-is condition. Current lease in A expires July 2021 and in B May 2021. Annual income $15,240.

Last Agent to Sell the Property

Cathy Underwood

Impact Realty Group License #0029743 Listed on: 03/12/2021

Last Buyer's Agent

Chuck Boggs

River Valley Properties LLC License #0006783

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1983

Lot Details

  • 0.64 Acre Lot

Home Design

  • Duplex
  • Brick Exterior Construction
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,780 Sq Ft Home
  • Insulated Windows
  • Washer and Dryer Hookup

Kitchen

  • Oven
  • Range

Flooring

  • Carpet
  • Vinyl

Parking

  • Varies By Unit
  • Off-Street Parking

Schools

  • Nitro Elementary School
  • Andrew Jackson Middle School
  • Nitro High School

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Community Details

  • 2 Units
  • Public Transportation
  • Gross Income $13,200

Listing and Financial Details

  • Security Deposit $1,325
  • Tenant pays for air conditioning, electricity, heat, sewer, water
  • The owner pays for common area maintenance, gas, insurance, management, taxes, trash collection
  • Assessor Parcel Number 27-0004-0177-0000-0000

Property Details

Home Type

Multi-Family

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.64
  • Lot Size: x x
  • Directions: Nitro exit left at light to 1st Ave. Proceed to 17th St.- Duplex is on left.
  • Architectural Style: Duplex
  • Structure Type: Duplex
  • Year Built: 1983
  • Property Sub Type Additional: Duplex
  • Special Features: None

Interior Features

  • Appliances: Oven, Range, Refrigerator
  • Owner Pays: Common Area Maintenance, Gas, Insurance, Management, Taxes, Trash Collection
  • Has Basement: None
  • Basement YN: No
  • Fireplace: No
  • Flooring: Carpet, Vinyl
  • Living Area: 1780.0
  • Window Features: Insulated Windows

Exterior Features

  • Waterfront: No
  • Construction Type: Brick
  • Roof: Composition, Shingle

Garage/Parking

  • Parking Features: Off Street, Varies by Unit

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Electric, Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Cable TV, Public Transportation

Schools

  • Elementary School: Nitro
  • High School: Nitro
  • Middle Or Junior School: Andrew Jackson

Lot Info

  • Parcel #: 27-0004-0177-0000-0000
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: 12 Months
  • Tenant Pays: Air Conditioning, Electricity, Heat, Sewer, Water
  • Security Deposit: 1325.0

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 13200.0

Tax Info

  • Tax Annual Amount: 1917.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2021
Closed on
Jul 24, 2021
Sold by
Balco Properties Llc
Bought by
River Valley Holdings Llc
Seller's Agent
Cathy Underwood
Impact Realty Group
Buyer's Agent
Chuck Boggs
River Valley Properties LLC
List Price
$105,000
Sold Price
$95,000
Premium/Discount to List
-$10,000
-9.52%
Current Estimated Value
$168,658

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,658
Avg. Annual Appreciation
13.83%
Original Mortgage
$80,750
Outstanding Balance
$73,143
Interest Rate
2.93%
Mortgage Type
Commercial
Estimated Equity
$95,515

Purchase Details

Closed on
Jun 15, 2018
Sold by
Armstrong Investment Prop Llc
Bought by
Ballinger David M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,250
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 2, 2016
Closed on
Oct 8, 2016
Sold by
Strickland Jesse F
Bought by
Armstrong Investment Properties Llc A We
Seller's Agent
Jason Cavender
The Property Center
Buyer's Agent
Heather Chapman
Cornerstone Realty, LLC
List Price
$110,000
Sold Price
$80,000
Premium/Discount to List
-$30,000
-27.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.43%
Original Mortgage
$90,750
Interest Rate
3.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 21, 2006
Sold by
Blaylock David A
Bought by
Strickland Jesse F
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
River Valley Holdings Llc $95,000 None Available
Ballinger David M $87,500 Attorney
Armstrong Investment Properties Llc A We $80,000 None Available
Strickland Jesse F $97,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open River Valley Holdings Llc $80,750
Previous Owner Ballinger David M $65,250
Previous Owner Armstrong Investment Properties Llc A We $90,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/27/2021 07/27/21 Sold $95,000 -9.5% $53 / Sq Ft
06/27/2021 06/27/21 Pending -- -- --
03/12/2021 03/12/21 For Sale $105,000 +31.3% $59 / Sq Ft
10/14/2016 10/14/16 Sold $80,000 -27.3% $45 / Sq Ft View Prior Sale
09/14/2016 09/14/16 Pending -- -- --
05/02/2016 05/02/16 For Sale $110,000 -- $62 / Sq Ft
Source: Kanawha Valley Board 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 $2,074 $65,580 $9,960 $55,620
2024 $2,074 $66,240 $9,960 $56,280
2023 $2,097 $66,240 $9,960 $56,280
2022 $2,122 $66,960 $9,960 $57,000
2021 $1,916 $60,300 $9,960 $50,340
2020 $1,917 $60,300 $9,960 $50,340
2019 $1,936 $60,900 $9,960 $50,940
2018 $1,749 $60,900 $9,960 $50,940
2017 $1,760 $61,500 $9,960 $51,540
2016 $1,756 $61,500 $9,960 $51,540
2015 $1,766 $62,100 $9,960 $52,140
2014 $1,712 $61,320 $9,960 $51,360
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Kanawha Valley Board of REALTORS®

MLS Number: 246165

Kanawha Valley Board of REALTORS®

APN: 20-27- 4-0177.0000