NOT LISTED FOR SALE

1952 Capeway Rd Powhatan, VA 23139

Estimated Value: $311,000 - $379,000

4 Beds
2 Baths
1,470 Sq Ft
$231/Sq Ft Est. Value

Last Sold March 25, 2022

Last sale price $245,000 $167 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $1,951/month

9 Days on Market

About This Home

As of March 2022

Great opportunity to own a duplex in Powhatan. A very rare thing to see in the county, an owner occupant opportunity to start or add to your rental portfolio. This brick single level duplex sits on a 1.005 acre lot, that is open and well shaped. Easy and quick access to route 60 makes this an even better buy. In a tough investor market, this property should appeal to both the investor and the owner occupant. Both units are identical in layout and size. Each unit includes 2 bedrooms, nice size living room and eat in kitchen, laundry area and bathroom with tile shower and tub. Both units have private drive ways and access to rear area for gardening or entertainment. Both units currently occupied and will require a FULL 24 hour notice to show. Please use online showingtime to schedule your showing. Seller is a licensed broker in the commonwealth of Virginia

Last Agent to Sell the Property

Newton Carroll

Joyner Fine Properties License #0225216417 Listed on: 02/24/2022

Joyner Fine Properties

Last Buyer's Agent

Jared Davis

EXP Realty LLC License #0225210738

EXP Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,285

Year Built

  • Built in 1963

Lot Details

  • 1

Home Design

  • Duplex
  • Brick Exterior Construction
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,470 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Parking

  • No Garage
  • Driveway
  • Unpaved Parking
  • Off-Street Parking

Schools

  • Powhatan Elementary And Middle School
  • Powhatan High School

Utilities

  • Well
  • Water Heater
  • Septic Tank

Additional Features

  • Stoop
  • 1 Acre Lot

Community Details

  • 2 Units
  • Common Area
  • Gross Income $1,700

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 040-37C

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,285

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Year Built: 1963
  • Lot Size Acres: 1.005
  • Ownership: Partnership
  • Subdivision Name: None
  • Architectural Style: 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: Electric Water Heater
  • Basement YN: No
  • Living Area: 1470.0
  • Stories: 1

Exterior Features

  • Roof: Shingle
  • Fencing: None
  • Waterfront: No
  • Disclosures: Owner Is Listing Agent
  • Construction Type: Brick, Drywall, Frame
  • Exterior Features: Unpaved Driveway
  • Patio And Porch Features: Stoop

Garage/Parking

  • Parking Features: Driveway, No Garage, Off Street, Unpaved

Utilities

  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Common Grounds/Area

Schools

  • Middle Or Junior School: Powhatan

Lot Info

  • Parcel Number: 040-37C
  • Zoning Description: A-1
  • ResoLotSizeUnits: Acres

Multi Family

  • Gross Income: 1700.0
  • Number Of Units Total: 2

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 1285.0
  • Tax Lot: 3

MLS Schools

  • Elementary School: Powhatan
  • High School: Powhatan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2022
Closed on
Mar 21, 2022
Sold by
Parsons & May Llc
Bought by
Davto Llc
Seller's Agent
Newton Carroll
Joyner Fine Properties
Buyer's Agent
Jared Davis
EXP Realty LLC
List Price
$250,000
Sold Price
$245,000
Premium/Discount to List
-$5,000
-2%
Current Estimated Value
$339,302

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,302
Avg. Annual Appreciation
8.05%

Purchase Details

Closed on
Jan 19, 2006
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
Davto Llc $245,000 --
-- $137,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2022 03/25/22 Sold $245,000 -2.0% $167 / Sq Ft
03/05/2022 03/05/22 Pending -- -- --
02/24/2022 02/24/22 For Sale $250,000 -- $170 / Sq Ft
Source: Central Virginia Regional 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 $1,825 $243,300 $90,700 $152,600
2024 $1,555 $225,300 $84,000 $141,300
2023 $1,477 $171,100 $71,000 $100,100
2022 $1,317 $171,100 $71,000 $100,100
2021 $1,382 $162,600 $66,000 $96,600
2020 $1,382 $143,500 $60,000 $83,500
2019 $1,263 $143,500 $60,000 $83,500
2018 $1,103 $143,500 $60,000 $83,500
2017 $963 $140,500 $60,000 $80,500
2016 $963 $140,500 $60,000 $80,500
2014 $963 $107,000 $48,000 $59,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2204385

Central Virginia Regional MLS

APN: 040-37C