NOT LISTED FOR SALE

Estimated Value: $197,000 - $699,573

2 Beds
1 Bath
3,088 Sq Ft
$142/Sq Ft Est. Value

Last Sold August 28, 2024

Last sale price $675,000 $219 Per Sq Ft

Est. 35% decrease in value since last sale

Current estimated payment $2,417/month

53 Days on Market

Highlights

  • Water Views
  • Deck
  • Partially Fenced Property
  • 2.3 Acre Lot
  • Ceiling Fan
  • Level Lot

About This Home

As of August 2024

Rare Multi-Property Investment Opportunity with Water Views!!! 4 rental units in New Kent County with Chickahominy water views!!! Units are 2 bed/ 1 bath with an area suitable for community use with storage and W/D hook-ups. Several units have been updated and all have a proven rental history. All 4 units are currently leased.

Last Agent to Sell the Property

Sherry Louka

Allegiance Real Estate License #0225199444 Listed on: 05/10/2024

Co-Listed By

Laura Adams

Allegiance Real Estate License #0225253475

Last Buyer's Agent

Heather Hayes Bashlor

Howard Hanna William E Wood License #0225254155

Howard Hanna William E Wood

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,833

Year Built

  • Built in 1954

Lot Details

  • 2.3 Acre Lot
  • Street terminates at a dead end
  • Partially Fenced Property
  • Level Lot

Home Design

  • Quadruplex
  • Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3,088 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Water Views
  • Laminate Countertops
  • Washer and Dryer Hookup

Basement

  • Partial Basement
  • Crawl Space

Parking

  • No Garage
  • Driveway
  • Unpaved Parking

Outdoor Features

  • Deck

Schools

  • New Kent Elementary And Middle School
  • New Kent High School

Utilities

  • Well
  • Water Heater
  • Septic Tank
  • Shared Septic

Community Details

  • 4 Units

Listing and Financial Details

  • Exclusions: Sheds and animal housing.
  • Assessor Parcel Number 43 75A, 43 75B

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,833

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Year Built: 1954
  • Lot Size Acres: 2.3
  • Co List Office Mls Id: ALPM01
  • Co List Office Phone: 804-932-5026
  • Exclusions: Sheds and animal housing.
  • Ownership: Individuals
  • Subdivision Name: None
  • Architectural Style: Other
  • Garage Yn: No
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Actual
  • Property Sub Type Additional: Quadruplex
  • Special Features: None
  • Stories: 1

Interior Features

  • Basement: Crawl Space, Partial
  • Appliances: Electric Water Heater
  • Basement YN: Yes
  • Interior Amenities: Ceiling Fan(s), Laminate Counters
  • Living Area: 3088.0
  • Stories: 1

Exterior Features

  • Roof: Shingle
  • Fencing: Fenced, Mixed, Partial
  • Lot Features: Dead End, Level
  • View: Water
  • View: Yes
  • Waterfront: No
  • Construction Type: Drywall, Frame, Vinyl Siding
  • Exterior Features: Unpaved Driveway
  • Patio And Porch Features: Deck

Garage/Parking

  • Parking Features: Driveway, No Garage, Unpaved

Utilities

  • Sewer: Shared Septic, Septic Tank
  • Water Source: Well
  • Laundry Features: Washer Hookup, Dryer Hookup

Schools

  • Middle Or Junior School: New Kent

Lot Info

  • Parcel Number: 43 75A, 43 75B
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 1833.0

Multi Family

  • Number Of Units Total: 4

MLS Schools

  • Elementary School: New Kent
  • High School: New Kent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2024
Closed on
Aug 28, 2024
Sold by
Boothe Floyd G
Bought by
Oh Well Llc
Seller's Agent
Sherry Louka
Allegiance Real Estate
Buyer's Agent
Heather Hayes Bashlor
Howard Hanna William E Wood
List Price
$740,000
Sold Price
$675,000
Premium/Discount to List
-$65,000
-8.78%
Views
38
Current Estimated Value
$439,393

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$235,607
Avg. Annual Appreciation
-30.93%

Purchase Details

Closed on
Dec 16, 2014
Sold by
Martin Donna Lynn and Walton Clinton Graham
Bought by
Boothe Floyd G
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Oh Well Llc $675,000 Fidelity National Title
Boothe Floyd G $87,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/28/2024 08/28/24 Sold $675,000 -8.8% $219 / Sq Ft
07/13/2024 07/13/24 Pending -- -- --
05/21/2024 05/21/24 For Sale $740,000 0.0% $240 / Sq Ft
08/21/2018 08/21/18 Rented $850 0.0% --
08/16/2018 08/16/18 For Rent $850 0.0% --
08/21/2017 08/21/17 Rented $850 0.0% --
07/09/2017 07/09/17 For Rent $850 -- --
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 $1,341 $223,500 $165,700 $57,800
2024 $1,319 $223,500 $165,700 $57,800
2023 $1,192 $177,900 $120,100 $57,800
2022 $1,192 $177,900 $120,100 $57,800
2021 $811 $102,600 $61,200 $41,400
2020 $811 $102,600 $61,200 $41,400
2019 $776 $94,600 $52,700 $41,900
2018 $776 $94,600 $52,700 $41,900
2017 $789 $95,000 $52,700 $42,300
2016 $789 $95,000 $52,700 $42,300
2015 $811 $96,600 $55,500 $41,100
2014 -- $96,600 $55,500 $41,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2412980

Central Virginia Regional MLS

APN: 43 75A