NOT LISTED FOR SALE

214 E Spencer St Culpeper, VA 22701

Culpeper Area

Estimated Value: $387,563 - $475,000

1 Bed
1 Bath
2,332 Sq Ft
$178/Sq Ft Est. Value

Sale Details

Date Sold: July 21, 2017

Last sale price $237,000 $102 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $2,403 / mo

315 Days on Market

Highlights

  • No HOA
  • Wood Siding
  • 2-minute walk to Yowell Meadow Park
  • Forced Air Heating System

About This Home

As of July 2017

Four unit apartment building, conveniently located in downtown Culpeper.

Last Agent to Sell the Property

Robert Kearney

(540) 341-1000 kearneytk@comcast.net RE/MAX Gateway Listed on: 07/21/2016

RE/MAX Gateway

Last Buyer's Agent

Gwen Hill

(540) 825-1800 philip@thorntonrealtors.com RE/MAX Crossroads

RE/MAX Crossroads

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,193

Year Built

  • Built in 1948

Lot Details

  • 8,015

Parking

  • Off-Street Parking

Home Design

  • Wood Siding

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 41-A2-1-O1-4

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Town Of Culpeper Subdivision

Building Details

  • Operating Expense $5,624

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,193

Year Built

Built in 1948

Lot Details

8,015 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Detached
  • Ownership: Fee Simple
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Basement: No
  • Price Per Sq Ft: 120.03

Exterior Features

  • Construction Materials: Wood Siding
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: No
  • Gas Avg Month: 235.25
  • Gas Prev12 Months: 2823.00
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Previous Twelve Months: 1734.85
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Improvement Assessed Value: 185300.00
  • Land Assessed Value: 48000.00
  • Zoning: R3
  • In City Limits: Yes

Rental Info

  • Lease Term: 12 Months
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 17053499
  • Tax Annual Amount: 2193.02
  • Assessor Parcel Number: 41-A2-1-O1-4
  • County Tax Payment Frequency: Annually
  • Tax Year: 2015

Multi Family

  • Gross Income: 29220.00
  • Operating Expense: 5624.00
  • Vacancy Allowance Rate: 10.00

MLS Schools

  • School District Name: CULPEPER COUNTY PUBLIC SCHOOLS

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 21, 2016
Closed on
Jul 19, 2017
Sold by
Bought by
Seller's Agent
Robert Kearney
RE/MAX Gateway
Buyer's Agent
Gwen Hill
RE/MAX Crossroads
List Price
$279,900
Sold Price
$237,000
Premium/Discount to List
-$42,900
-15.33%
Current Estimated Value
$414,891

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$177,891
Avg. Annual Appreciation
6.39%
Original Mortgage
$177,500
Outstanding Balance
$144,207
Interest Rate
3.89%
Mortgage Type
Commercial
Estimated Equity
$270,684
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
$237,000 Attorney
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 $177,500
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
07/21/2017 07/21/17 Sold $237,000 +34498.5% $102 / Sq Ft
06/01/2017 06/01/17 Pending -- -- --
01/30/2017 01/30/17 Rented $685 0.0% --
01/27/2017 01/27/17 Under Contract -- -- --
01/23/2017 01/23/17 For Rent $685 0.0% --
01/16/2017 01/16/17 For Sale $279,900 +18.1% $120 / Sq Ft
01/16/2017 01/16/17 Off Market $237,000 -- --
12/02/2016 12/02/16 Rented $685 0.0% --
12/02/2016 12/02/16 Under Contract -- -- --
11/21/2016 11/21/16 For Rent $685 0.0% --
07/21/2016 07/21/16 For Sale $279,900 -- $120 / Sq Ft
Source: Bright MLS

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
2025 $1,476 $343,300 $55,000 $288,300
2024 $1,682 $312,100 $55,000 $257,100
2023 $1,642 $312,100 $55,000 $257,100
2022 $1,577 $286,700 $55,000 $231,700
2021 $1,812 $286,700 $55,000 $231,700
2020 $1,657 $267,200 $55,000 $212,200
2019 $1,657 $267,200 $55,000 $212,200
2018 $1,768 $263,900 $55,000 $208,900
2017 $1,768 $263,900 $55,000 $208,900
2016 $1,703 $233,300 $48,000 $185,300
2015 $1,703 $233,300 $48,000 $185,300
2014 $1,666 $173,500 $48,000 $125,500
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2017

    Elizabeth Spencer

    RE/MAX

    Section Image
  • Robert Kearney Real Estate Agent - RE/MAX

    Seller's Agent in 2017

    Robert Kearney

    RE/MAX

    (540) 661-6717

    31 Total Sales

    Robert Kearney
    Section Image

  • G

    Buyer's Agent in 2017

    Gwen Hill

    RE/MAX

    Section Image
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Map

Source: Bright MLS

MLS Number: 1002461956

Bright MLS

APN: 41-A2-1-O1-4

Virginia Culpeper County Culpeper 22701

214 E Spencer St, Culpeper, VA

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