NOT LISTED FOR SALE

219 E Ridgeway St Clifton Forge, VA 24422

Estimated Value: $62,000 - $284,000

5 Beds
5 Baths
2,598 Sq Ft
$52/Sq Ft Est. Value

Last Sold April 09, 2024

Last sale price $79,200 $30 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $740/month

118 Days on Market

Highlights

  • City View
  • No HOA
  • Baseboard Heating

About This Home

As of April 2024

Incredible Investment Opportunity:-Handyman special. A 5-Unit Apartment Building Just Moments Away from Downtown Clifton Forge!Offering great investment potential this property offers an opportunity for generating substantial income. Currently, three of the units are occupied, while the remaining two units require some renovations. Additionally, the sale of this property includes two extra lots and spacious basement. Each unit is equipped with its own dedicated 100 AMP electrical service and baseboard electric heating. Exterior wall- Faux Brick. There is option of package deal with properties on 617 Church / 616 Church/ 617 Jefferson / 809 Brussels Ave

Last Agent to Sell the Property

Dominika Williams

HIGHLANDS REALTY & ASSOCIATES LLC License #0225262141 Listed on: 09/13/2023

Last Buyer's Agent

Dominika Williams

HIGHLANDS REALTY & ASSOCIATES LLC License #0225262141 Listed on: 09/13/2023

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $481

Year Built

  • Built in 1897

Lot Details

  • Lot Dimensions are 12.5x 125

Property Views

  • City
  • Mountain

Interior Spaces

  • 2,598 Sq Ft Home
  • Basement Fills Entire Space Under The House

Utilities

  • Window Unit Cooling System
  • Baseboard Heating

Listing and Financial Details

  • Tenant pays for all utilities
  • Legal Lot and Block E 1/2 Of 11, 12 , 13 / 29

Community Details

Overview

  • No Home Owners Association
  • 5 Units

Building Details

  • 3 Leased Units
  • Operating Expense $9,000
  • Gross Income $27,900
  • Net Operating Income $18,900

Property Details

Home Type

Apartment

Est. Annual Taxes

$481

Year Built

Built in 1897

Lot Details

0

Listing Details

  • Heating System: Baseboard Electric
  • Type: Multi-Family
  • Has Basement: Full Basement
  • Cooling System: Window A/C
  • Views: City, Mountain
  • CondoAssocYN: No
  • Major Area: 27 - Alleghany County
  • NumberLeasedUnits: 3.00
  • NumberUnfurnished: 5.00
  • Hoa2 Or Poa: No
  • RatifiedContractDt: 2024-01-09
  • TotalAnnualExpen: 9000.00
  • Water Class: N/A
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement YN: Yes

Garage/Parking

  • Parking Description: Other - See Remarks

Utilities

  • Sewer Description: Public Sewer
  • Water Description: Public Water

Schools

  • Elementary School: Other - See Remarks
  • Middle School: Other - See Remarks
  • High School: Other - See Remarks

Lot Info

  • Lot Dimensions: 12.5x 125
  • Property Group Id: 19990816212116581394000000
  • Lot: E 1/2 Of 11, 12 , 13
  • ZoningCode: CFBG

Building Info

  • Year Built: 1897

Tax Info

  • Taxes (6 mo): 481.28
  • FILLTAXID: 12900-01-029-011A &12900-01-029-0120 & 12900-01-02

Multi Family

  • Tenant Pays: All Utilities
  • Units In Building: 5.00
  • Multi Family Type: Apartments

MLS Schools

  • Elementary School: Other - See Remarks
  • HighSchool: Other - See Remarks
  • Middle School: Other - See Remarks

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 1, 1981
Bought by
Brinkley Lewis R and Brinkley Margaret J
Current Estimated Value
$134,719
Source: Public Records

Range of Values:

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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
Brinkley Lewis R $10,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/09/2024 04/09/24 Sold $79,200 -20.0% $30 / Sq Ft
01/09/2024 01/09/24 Pending -- -- --
09/13/2023 09/13/23 For Sale $99,000 -- $38 / Sq Ft
Source: Roanoke Valley Association 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
2024 $315 $43,200 $3,000 $40,200
2023 $315 $43,200 $3,000 $40,200
2022 $315 $43,200 $3,000 $40,200
2021 $315 $43,200 $3,000 $40,200
2020 $315 $43,200 $3,000 $40,200
2019 $315 $43,200 $3,000 $40,200
2018 $327 $46,100 $3,000 $43,100
2017 $327 $46,100 $3,000 $43,100
2016 $326 $45,900 $3,000 $42,900
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2012 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Dominika Williams

    Seller's Agent in 2024

    Dominika Williams

    HIGHLANDS REALTY & ASSOCIATES LLC

    (540) 960-3234

    20 in this area

    46 Total Sales

    Dominika Williams
    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 901605

Roanoke Valley Association of REALTORS®

APN: 12900-01-029-011A

Virginia Alleghany County Clifton Forge 24422

219 E Ridgeway St, Clifton Forge, VA

This home is located at 219 E Ridgeway St, Clifton Forge, VA 24422 since 13 September 2023 and is currently estimated at $134,719, approximately $51 per square foot. This property was built in 1897. 219 E Ridgeway St is a home located in Alleghany County with nearby schools including Mountain View Elementary School, Covington Middle School, and Alleghany High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Roanoke Valley Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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