NOT LISTED FOR SALE

2501 Locust St Hopewell, VA 23860

Estimated Value: $169,000 - $290,000

4 Beds
2 Baths
1,800 Sq Ft
$129/Sq Ft Est. Value

Last Sold July 26, 2017

Last sale price $125,000 $69 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $1,391/month

33 Days on Market

Highlights

  • Front Porch
  • Eat-In Kitchen
  • 1-Story Property

About This Home

As of July 2017

Duplex - 2501 A Locust St and 2501 B Locust Street - both units have covered front porch, eat in kitchen with vinyl flooring, refrigerator and stove to convey, large utility closet with washer/dryer hook up and electric hot water heater, living room, full bathroom and 2 bedrooms. also, vinyl windows and vinyl siding

Last Agent to Sell the Property

Rhonda Poirier

Parr & Abernathy Realty, Inc. License #0225088608 Listed on: 05/15/2017

Co-Listed By

Shanna Wiseman

Parr & Abernathy Realty, Inc. License #0225049899

Last Buyer's Agent

William Coalson

Hometown Realty License #0225219209

Hometown Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,322

Year Built

  • Built in 2000

Lot Details

  • 0.37

Home Design

  • Duplex
  • Frame Construction
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,800 Sq Ft Home
  • 1-Story Property
  • Crawl Space
  • Eat-In Kitchen

Parking

  • Driveway
  • Paved Parking
  • Off-Street Parking

Outdoor Features

  • Front Porch

Schools

  • Harry James Elementary School
  • Carter G. Woodson Middle School
  • Hopewell High School

Utilities

  • Water Heater
  • Cable TV Available

Community Details

  • 2 Units
  • Rosedale Subdivision

Listing and Financial Details

  • Tax Lot 132
  • Assessor Parcel Number 069-0220

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,322

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Year Built: 2000
  • Co List Office Mls Id: PARB01
  • Co List Office Phone: 804-452-0505
  • Ownership: Individuals
  • Subdivision Name: Rosedale
  • Architectural Style: Ranch
  • Garage Yn: No
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Actual
  • Property Sub Type Additional: Duplex
  • Special Features: None
  • Stories: 1

Interior Features

  • Basement: Crawl Space
  • Appliances: Electric Water Heater
  • Basement YN: No
  • Interior Amenities: Bedroom on Main Level, Eat-in Kitchen, Main Level Primary, Cable TV
  • Living Area: 1800.0
  • Stories: 1

Exterior Features

  • Roof: Composition
  • Waterfront: No
  • Construction Type: Block, Frame, Vinyl Siding
  • Exterior Features: Paved Driveway
  • Patio And Porch Features: Front Porch

Garage/Parking

  • Parking Features: Driveway, Off Street, Paved

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • Middle Or Junior School: Carter G. Woodson

Lot Info

  • Parcel Number: 069-0220
  • Zoning Description: R3
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 1322.0
  • Tax Lot: 132

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Harry James
  • High School: Hopewell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2017
Closed on
Jul 18, 2017
Sold by
Nelson Shawnell
Bought by
Bagley Clayton R
Seller's Agent
Rhonda Poirier
Parr & Abernathy Realty, Inc.
Buyer's Agent
William Coalson
Hometown Realty
List Price
$130,000
Sold Price
$125,000
Premium/Discount to List
-$5,000
-3.85%
Current Estimated Value
$231,744

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,744
Avg. Annual Appreciation
7.66%
Original Mortgage
$93,750
Outstanding Balance
$77,869
Interest Rate
3.88%
Mortgage Type
Commercial
Estimated Equity
$153,875

Purchase Details

Closed on
Aug 25, 2006
Sold by
Sullivan Jerry W
Bought by
Nelson Shawnell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,925
Interest Rate
6.83%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Bagley Clayton R $125,000 Attorney
Nelson Shawnell $131,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bagley Clayton R $93,750
Previous Owner Nelson Shawnell $124,925
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/26/2017 07/26/17 Sold $125,000 -3.8% $69 / Sq Ft
06/17/2017 06/17/17 Pending -- -- --
05/15/2017 05/15/17 For Sale $130,000 -- $72 / Sq Ft
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 $2,046 $174,900 $20,000 $154,900
2024 $1,529 $130,700 $20,000 $110,700
2023 $1,477 $130,700 $20,000 $110,700
2022 $1,375 $121,700 $17,500 $104,200
2021 $1,375 $121,700 $17,500 $104,200
2020 $1,322 $117,000 $17,500 $99,500
2019 $1,322 $117,000 $17,500 $99,500
2018 $1,322 $117,000 $17,500 $99,500
2017 $1,322 $117,000 $17,500 $99,500
2016 $1,322 $117,000 $17,500 $99,500
2015 $1,322 $117,000 $17,500 $99,500
2014 -- $117,000 $17,500 $99,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1718036

Central Virginia Regional MLS

APN: 069-0220