NOT LISTED FOR SALE
-- Bed
-- Bath
23,040 Sq Ft
1.27 Acre Lot

Sale Details

Date Sold: January 10, 2024

Last sale price $2,720,000 $118 Per Sq Ft

106 Days on Market

About This Home

As of January 2024

Welcome to Evergreen Townhouses, a 24 unit townhouse style apartment complex on 1.27 acres, currently at full occupancy. The complex is comprised of 3 all brick buildings: 12 units in one building and 6 units in each of the other two respective buildings. Each two-story unit has 2 bedrooms and a bath upstairs with a kitchen, half bath, and living area which opens to a patio on the main level. These units have been well maintained including updates as needed and present a great opportunity for an investor.

Last Agent to Sell the Property

Chad Hanger

HANGER & ASSOCIATES License #0225187540 Listed on: 07/04/2023

Last Buyer's Agent

Jason Song

Cottonwood Commercial LLC License #0225194315

Cottonwood Commercial LLC
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Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $15,965

Year Built

  • Built in 1988

Lot Details

  • 1.27

Home Design

  • 23,040 Sq Ft Home
  • Block Foundation

Schools

  • Bessie Weller Elementary School
  • Shelburne Middle School
  • Staunton High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Heat Pump System

Community Details

  • 24 Units

Listing and Financial Details

  • The owner pays for common area maintenance, insurance, management, snow removal, sewer, taxes, trash collection, water
  • Assessor Parcel Number 8212

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$15,965

Year Built

Built in 1988

Lot Details

1.27 Acres

Listing Details

  • Property Type: Residential
  • Parcel Number: 8212
  • Property Sub Type: Townhouse
  • LotSizeAcres: 1.27
  • Road Frontage Type: Public Road
  • Subdivision Name: NONE
  • PropertySubTypeAdditional: Townhouse,Multi Family
  • Special Features: None

Interior Features

  • Living Area: 23040.0

Exterior Features

  • Disclosures: Seller Disclosure
  • Foundation Details: Block

Utilities

  • Heating: Heat Pump, Natural Gas
  • Utilities: Cable Available, Fiber Optic Available
  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating Yn: Yes
  • Water Source: Public

Schools

  • Elementary School: Bessie Weller
  • Middle Or Junior School: Shelburne

Lot Info

  • Zoning Description: R-3 Medium Density Residential

Rental Info

  • Owner Pays: Common Area Maintenance, Insurance, Management, Snow Removal, Sewer, Taxes, Trash Collection, Water
  • LeaseAmount: 251340.0

Building Info

  • Year Built: 1988

Tax Info

  • Year: 2023
  • Tax Annual Amount: 15965.44

Multi Family

  • Number Of Units Total: 24

MLS Schools

  • HighSchool: Staunton

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 4, 2023
Closed on
Jan 4, 2024
Sold by
Bought by
Seller's Agent
Chad Hanger
HANGER & ASSOCIATES
Buyer's Agent
Jason Song
Cottonwood Commercial LLC
List Price
$3,200,000
Sold Price
$2,720,000
Premium/Discount to List
-$480,000
-15%
Views
139

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,160,000
Outstanding Balance
$2,078,097
Interest Rate
7.22%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 19, 2006
Sold by
Bought by
Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$2,720,000 Fidelity National Title
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $2,160,000
Previous Owner $390,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/10/2024 01/10/24 Sold $2,720,000 -6.2% $118 / Sq Ft
10/18/2023 10/18/23 Pending -- -- --
10/04/2023 10/04/23 Price Changed $2,900,000 -9.4% $126 / Sq Ft
08/05/2023 08/05/23 For Sale $3,200,000 0.0% $139 / Sq Ft
07/18/2023 07/18/23 Pending -- -- --
07/04/2023 07/04/23 For Sale $3,200,000 -- $139 / Sq Ft
Source: Charlottesville Area Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $24,036 $2,641,350 $92,950 $2,548,400
2025 $24,036 $2,641,350 $92,950 $2,548,400
2024 $17,762 $1,995,680 $80,780 $1,914,900
2023 $17,762 $1,995,680 $80,780 $1,914,900
2022 $16,201 $1,760,930 $60,430 $1,700,500
2021 $16,201 $1,760,930 $60,430 $1,700,500
2020 $16,171 $1,702,200 $60,430 $1,641,770
2019 $16,171 $1,702,200 $60,430 $1,641,770
2018 $15,481 $1,596,000 $60,430 $1,535,570
2017 $15,481 $1,596,000 $60,430 $1,535,570
2016 $14,512 $1,527,600 $60,430 $1,467,170
2015 $14,512 $1,527,600 $60,430 $1,467,170
2014 $14,512 $1,527,600 $60,430 $1,467,170
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Charlottesville Area Association of REALTORS®

MLS Number: 643299

Charlottesville Area Association of REALTORS®

APN: 8212

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