20738 Monrovia Rd Orange, VA 22960
Estimated payment $4,066/month
Highlights
- 3.54 Acre Lot
- Stainless Steel Appliances
- Partially Carpeted
- Partially Wooded Lot
- Back, Front, and Side Yard
- Dwelling with Separate Living Area
About This Home
This unique homestead is a perfect investment opportunity for an extended family or rental property investor. Two families can pool their funds and have two separate units for independent living. Owners have fully remodeled the multi-family home, which has a 2 bedroom unit on the main level plus a bonus room and a 3 bedroom unit plus a bonus room on the upper level. Living space is approximately 1,400 sf on upper level and 1,200 sf on lower level. Everything is brand new including stainless steel kitchen appliances, bathrooms, bedroom carpeting, interior flooring, electrical system, plumbing, and 10 person septic. It has been freshly painted and is move in ready!
With today's demand for rental properties, this building is a cash cow! Two rental units available and everything is brand new so there shouldn't be any immediate maintenance needs.
This home is conveniently located near Lake Orange, Lake Anna and the Town of Orange. Seller has put a lot of sweat equity into the renovation and is ready to make a deal! Check this one out today.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $935
Year Built
- Built in 1960 | Remodeled in 2025
Lot Details
- 3.54 Acre Lot
- Rural Setting
- Level Lot
- Partially Wooded Lot
- Back, Front, and Side Yard
- Property is in excellent condition
Parking
- Gravel Driveway
Home Design
- Duplex
Interior Spaces
- 2,600 Sq Ft Home
- Partially Carpeted
Kitchen
- Stove
- Dishwasher
- Stainless Steel Appliances
Additional Homes
- Dwelling with Separate Living Area
Schools
- Orange Co. High School
Utilities
- Ductless Heating Or Cooling System
- Heating Available
- Well
- Electric Water Heater
- On Site Septic
Community Details
- 2 Units
Listing and Financial Details
- Tax Lot 3A
- Assessor Parcel Number 0720000000003A
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2024 | $935 | $124,700 | $75,500 | $49,200 |
| 2023 | $935 | $124,700 | $75,500 | $49,200 |
| 2022 | $935 | $124,700 | $75,500 | $49,200 |
| 2021 | $898 | $124,700 | $75,500 | $49,200 |
| 2020 | $898 | $124,700 | $75,500 | $49,200 |
| 2019 | $956 | $118,900 | $75,500 | $43,400 |
| 2018 | $956 | $118,900 | $75,500 | $43,400 |
| 2017 | $956 | $118,900 | $75,500 | $43,400 |
| 2016 | $956 | $118,900 | $75,500 | $43,400 |
| 2015 | $1,333 | $185,200 | $98,500 | $86,700 |
| 2014 | $1,333 | $185,200 | $98,500 | $86,700 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/11/2025 07/11/25 | Price Changed | $720,000 | -2.0% | $277 / Sq Ft |
| 06/13/2025 06/13/25 | Price Changed | $735,000 | -18.3% | $283 / Sq Ft |
| 05/10/2025 05/10/25 | Price Changed | $899,999 | -4.3% | $346 / Sq Ft |
| 04/27/2025 04/27/25 | For Sale | $940,000 | +189.2% | $362 / Sq Ft |
| 07/10/2023 07/10/23 | Sold | $325,000 | 0.0% | $108 / Sq Ft |
| 05/22/2023 05/22/23 | Pending | -- | -- | -- |
| 05/16/2023 05/16/23 | For Sale | $325,000 | -- | $108 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $325,000 | Title Solutions Inc | |
| Interfamily Deed Transfer | -- | None Available |
Source: Bright MLS
MLS Number: VAOR2009508
APN: 072-00-00-00-0003-A
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