NOT LISTED FOR SALE

Estimated Value: $424,862 - $449,000

4 Beds
3 Baths
2,052 Sq Ft
$214/Sq Ft Est. Value

Last Sold November 03, 2021

Last sale price $352,000 $172 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $2,798/month

21 Days on Market

Highlights

  • Wood Flooring
  • Concrete Block With Brick
  • Elevated Lot
  • Charlottesville High School Rated A-
  • Central Air

About This Home

As of November 2021

Awesome opportunity to own a side by side duplex in Frys Spring under 360k! Live in one side and rent the other side for passive income. Prime property for investors looking for long term rent growth close to everything Charlottesville has to offer. Minutes to UVA, Downtown Charlottesville, shopping, restaurants and more. Currently leased and operated as over/under duplex. Tenants currently renting and leases in place. 232 Unit A lease ends on 2/28/2022 and rents for $940. 232 Unit B lease ends on 4/30/2022 and rents for $1100 a month.

Last Listed By

Gary Palmer

TOWN REALTY License #0225217224 Listed on: 09/10/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,597

Year Built

  • Built in 1978

Lot Details

  • 6,970 Sq Ft Lot
  • Elevated Lot

Home Design

  • 2,052 Sq Ft Home
  • Concrete Block With Brick

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Wood
  • Linoleum

Laundry

  • Dryer
  • Washer

Schools

  • Johnson Elementary School
  • Walker & Buford Middle School
  • Charlottesville High School

Utilities

  • Central Air
  • Heat Pump System

Community Details

  • Fry's Spring Subdivision

Listing and Financial Details

  • Tenant pays for electricity, trash, water/sewer
  • Assessor Parcel Number 190046100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,597

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Property Type: Duplex Side/Side
  • L V T Date: 09/10/2021
  • Parcel Number: 190046100
  • Price Per Sq Ft: 171.54
  • Property Included: All appliances
  • Zoning: R-2 Residential
  • Subdivision: FRY'S SPRING
  • Comments: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Laundry: Dryer, Washer
  • Total Finished Sq Ft: 2052
  • Foundation: Concrete Block
  • Kitchen Appliances Feat: Dishwasher, Electric Range
  • Kitchen Cabinets Counters: Wood Cabinets
  • Land Description: Elevated
  • Source of Sq Ft: Public Records

Exterior Features

  • Number Of Acres: 0.16
  • Structure Deck Porch: Patio
  • Structure Floors: Hardwood, Linoleum
  • Access: Public Road

Utilities

  • Cooling: Central AC, Heat Pump
  • Heating: Heat Pump
  • Sewer/Septic System: Public Sewer
  • Water: Public Water

Schools

  • Elementary School: Johnson (Charlottesville)
  • Middle School: Walker & Buford
  • High School: Charlottesville

Rental Info

  • Gross Rent: 2040
  • Tenant Pays: Electricity, Trash, Water/Sewer

Building Info

  • Year Built: 1978

Tax Info

  • Year: 2021
  • Taxes: 2597

MLS Schools

  • HighSchool: Charlottesville
  • Middle School: Walker & Buford
  • Elementary School: Johnson (Charlottesville)

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 5, 2023
Sold by
Anderson Kimberly K
Bought by
Mansour Emad A and Mansour Neamt N
Total Days on Market
21
Current Estimated Value
$439,966

Purchase Details

Closed on
Sep 30, 2022
Sold by
Anderson Kimberly K and Anderson Y
Bought by
Anderson Kimberly K and Anderson Y

Purchase Details

Listed on
Sep 10, 2021
Closed on
Oct 18, 2021
Sold by
Bell Richard P and Bell Virginia Parker
Bought by
Anderson Kimberly K
Seller's Agent
Gary Palmer
TOWN REALTY
Buyer's Agent
NONMLSAGENT NONMLSAGENT
NONMLSOFFICE
List Price
$359,900
Sold Price
$352,000
Premium/Discount to List
-$7,900
-2.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.01%

Purchase Details

Closed on
Jul 31, 1995
Bought by
Bell Richard P and Bell Virginia P

Purchase Details

Closed on
Oct 16, 1986
Bought by
Bell Richard P and Bell Virginia P

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
Mansour Emad A $435,000 Chicago Title Insurance Compan
Anderson Kimberly K -- --
Anderson Kimberly K $352,500 --
Bell Richard P $90,000 --
Bell Richard P $81,500 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/03/2021 11/03/21 Sold $352,000 -2.2% $172 / Sq Ft
10/01/2021 10/01/21 Pending -- -- --
09/10/2021 09/10/21 For Sale $359,900 -- $175 / Sq Ft
Source: Charlottesville area 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 $4,313 $431,300 $112,700 $318,600
2023 $3,905 $397,800 $101,200 $296,600
2022 $3,370 $342,000 $96,600 $245,400
2021 $2,684 $273,400 $91,200 $182,200
2020 $2,569 $261,300 $84,400 $176,900
2019 $2,569 $261,300 $84,400 $176,900
2018 $1,108 $224,100 $76,700 $147,400
2017 $1,920 $193,000 $59,000 $134,000
2016 $1,832 $183,700 $53,600 $130,100
2015 $1,745 $183,700 $53,600 $130,100
2014 $1,745 $183,700 $53,600 $130,100
Source: Public Records

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Source: Charlottesville area Association of Realtors®

MLS Number: 622058

Charlottesville area Association of Realtors®

APN: 190-046-100