NOT LISTED FOR SALE

Estimated Value: $409,000 - $474,000

3 Beds
2 Baths
1,374 Sq Ft
$319/Sq Ft Est. Value

Last Sold July 29, 2014

Last sale price $160,000 $116 Per Sq Ft

Est. 174% increase in value since last sale

Current estimated payment $2,745/month

249 Days on Market

Highlights

  • Wood Flooring
  • Concrete Block With Brick
  • Open Lot
  • Charlottesville High School Rated A-
  • Forced Air Heating System

About This Home

As of July 2014

Don't miss this Duplex property located walking distance to the University of Virginia. This is a great opportunity to pick up a rental property that needs renovation. Recently it was rented for $1300 per month which could provide a positive cash flow!

Last Listed By

Tim Carson

REAL ESTATE III, INC. License #0225198839 Listed on: 10/23/2013

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,796

Year Built

  • 1955

Lot Details

  • 7,405 Sq Ft Lot
  • Open Lot

Home Design

  • 1,374 Sq Ft Home
  • Duplex
  • Concrete Block With Brick
  • Composition Shingle Roof
  • Asbestos Siding
  • Shingle Siding

Flooring

  • Wood
  • Carpet

Laundry

  • Washer and Dryer Hookup

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Above Ground Utilities

Listing and Financial Details

  • Tenant pays for electricity, gas, trash, water/sewer
  • Assessor Parcel Number 220052000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,796

Year Built

1955

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Property Type: Duplex Over/Under
  • Design: Cape Cod
  • Electricity: Above Ground
  • Parcel Number: 220052000
  • Zoning: R-1S Residential
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1955

Interior Features

  • Laundry: Dryer Hookup, Washer Hookup
  • Total Finished Sq Ft: 1374
  • Basement: Full, Inside Access, Outside Entrance, Sump Pump, Unfinished, Walk Out
  • Foundation: Concrete Block
  • Kitchen Appliances Feat: Refrigerator
  • Land Description: Open
  • Source of Sq Ft: Public Records

Exterior Features

  • Exterior: Asbestos, Shingle
  • Number Of Acres: 0.17
  • Roof: Composition Shingle
  • Structure Floors: Carpet, Wood
  • Access: Public Road

Utilities

  • Cooling: Window Unit(s)
  • Heating: Electric, Forced Air, Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water: Public Water

Schools

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

Rental Info

  • Gross Rent: 1300
  • Tenant Pays: Electricity, Gas, Trash, Water/Sewer

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2013
Closed on
Jul 29, 2014
Bought by
Crook Charles C and Crook Margaret K
Seller's Agent
Tim Carson
REAL ESTATE III, INC.
Buyer's Agent
Tim Carson
REAL ESTATE III, INC.
List Price
$195,000
Sold Price
$160,000
Premium/Discount to List
-$35,000
-17.95%
Total Days on Market
249
Current Estimated Value
$438,113

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$278,113
Avg. Annual Appreciation
9.55%

Range of Values:

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Average Value
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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
Crook Charles C $160,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2014 07/29/14 Sold $160,000 -17.9% $116 / Sq Ft
06/29/2014 06/29/14 Pending -- -- --
10/23/2013 10/23/13 For Sale $195,000 -- $142 / 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 $3,796 $382,900 $121,300 $261,600
2023 $3,562 $366,500 $119,000 $247,500
2022 $2,896 $297,200 $84,000 $213,200
2021 $2,604 $269,600 $73,000 $196,600
2020 $2,288 $236,300 $69,500 $166,800
2019 $2,185 $225,400 $66,200 $159,200
2018 $995 $205,000 $60,200 $144,800
2017 $1,813 $186,260 $60,200 $126,060
2016 $1,695 $173,900 $50,200 $123,700
2015 $2,170 $173,900 $50,200 $123,700
2014 $2,170 $222,200 $50,200 $172,000
Source: Public Records

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Source: Charlottesville area Association of Realtors®

MLS Number: 515123

Charlottesville area Association of Realtors®

APN: 220-052-000