NOT LISTED FOR SALE

272 Nelson St Unit 272 274 276 Nelson T Mount Jackson, VA 22842

Estimated Value: $288,043 - $327,000

4 Beds
3 Baths
1,921 Sq Ft
$159/Sq Ft Est. Value

Last Sold November 08, 2022

Last sale price $235,000 $122 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $1,728/month

139 Days on Market

About This Home

As of November 2022

Well maintained TriPlex in a perfect location. Desirable location near Holtzman and other shopping and employment, makes it easy to keep rented. Separate water and electric X3. Tenants pay their own utilities and LL mows.. All units are leased and current. Tenants would wish that wish to stay. Quite good investment with little hassle factor, may be a 1031 tax free exchange for this owner. Currently zoned R1 and although currently under a non-conforming use, units are grandfathered in. See documentation uploaded. Owner is a Licensed Real Estate Agent in the Commonwealth of Virginia

Last Agent to Sell the Property

Barry Suttles

Cottonwood Commercial LLC License #0225214327 Listed on: 04/29/2022

Cottonwood Commercial LLC

Co-Listed By

Brent Burkholder

Cottonwood Commercial LLC License #0225080510

Last Buyer's Agent

NONMLSAGENT NONMLSAGENT

NONMLSOFFICE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,453

Year Built

  • Built in 1960

Lot Details

  • 0.28 Acre Lot

Home Design

  • 1,921 Sq Ft Home
  • Triplex
  • Block Foundation

Schools

  • Sandy Hook Elementary School
  • North Fork Middle School
  • Mountain View High School

Utilities

  • Central Air
  • Baseboard Heating

Community Details

  • 3 Units

Listing and Financial Details

  • The owner pays for common area maintenance
  • Assessor Parcel Number 80B-((4))-1C

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,453

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential
  • Parcel Number: 80B-((4))-1C
  • Property Sub Type: Triplex
  • LotSizeAcres: 0.28
  • Road Frontage Type: Public Road
  • Co List Office Mls Id: 6165
  • Co List Office Phone: 540-434-9922
  • Co List Office Mls Id: 6165
  • Subdivision Name: NONE
  • PropertySubTypeAdditional: Triplex,Multi Family
  • Special Features: None

Interior Features

  • Living Area: 1921.0

Exterior Features

  • Foundation Details: Block

Utilities

  • Heating: Baseboard
  • Utilities: Cable Available
  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating Yn: Yes
  • Water Source: Public

Schools

  • Elementary School: Sandy Hook
  • Middle Or Junior School: North Fork

Lot Info

  • Land Lease Expiration Date: 2022-10-29
  • Zoning Description: R-1 Medium Density Residential

Rental Info

  • Owner Pays: Common Area Maintenance
  • LeaseAmount: 1475.0

Building Info

  • Year Built: 1960

Tax Info

  • Year: 2021
  • Tax Annual Amount: 1453.0

Multi Family

  • Number Of Units Total: 3

MLS Schools

  • HighSchool: Mountain View

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2022
Closed on
Sep 16, 2022
Sold by
Burkholder Brent B and Burkholder Monica R
Bought by
Blue And Orange Properties Llc
Seller's Agent
Barry Suttles
Cottonwood Commercial LLC
Buyer's Agent
NONMLSAGENT NONMLSAGENT
NONMLSOFFICE
List Price
$259,000
Sold Price
$235,000
Premium/Discount to List
-$24,000
-9.27%
Current Estimated Value
$305,761

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,761
Avg. Annual Appreciation
9.33%
Original Mortgage
$188,000
Interest Rate
6.92%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 11, 2019
Sold by
Davis Raymond J and Davis Elizabeth M
Bought by
Burkholder Brent B and Burkholder Monica R

Purchase Details

Closed on
Jun 8, 2018
Sold by
Ward Gary L
Bought by
Davis Raymond J and Davis Elizabeth M
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
Blue And Orange Properties Llc $235,000 Quality Title
Burkholder Brent B $155,000 None Available
Davis Raymond J $160,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Blue And Orange Properties Llc $188,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/08/2022 11/08/22 Sold $235,000 -9.3% $122 / Sq Ft
09/15/2022 09/15/22 Pending -- -- --
05/23/2022 05/23/22 For Sale $259,000 0.0% $135 / Sq Ft
05/17/2022 05/17/22 Pending -- -- --
04/29/2022 04/29/22 For Sale $259,000 -- $135 / Sq Ft
Source: Harrisonburg-Rockingham 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
2025 $1,348 $210,700 $38,000 $172,700
2024 $1,348 $210,700 $38,000 $172,700
2023 $1,264 $210,700 $38,000 $172,700
2022 $1,222 $210,700 $38,000 $172,700
2021 $965 $139,800 $36,000 $103,800
2020 $895 $139,800 $36,000 $103,800
2019 $895 $139,800 $36,000 $103,800
2018 $895 $139,800 $36,000 $103,800
2017 $839 $139,800 $36,000 $103,800
2016 $837 $139,500 $36,000 $103,500
2015 -- $142,700 $51,000 $91,700
2014 -- $142,700 $51,000 $91,700
Source: Public Records

Agents Affiliated with this Home

  • Barry Suttles

    Seller's Agent in 2022

    Barry Suttles

    Cottonwood Commercial LLC

    (540) 246-5666

    1 in this area

    93 Total Sales

    Barry Suttles
    Section Image

  • B

    Seller Co-Listing Agent in 2022

    Brent Burkholder

    Cottonwood Commercial LLC

    (540) 437-3590

    1 in this area

    40 Total Sales

    Brent Burkholder
    Section Image

  • N

    Buyer's Agent in 2022

    NONMLSAGENT NONMLSAGENT

    NONMLSOFFICE

See All Agents

Map

Source: Harrisonburg-Rockingham Association of REALTORS®

MLS Number: 629682

Harrisonburg-Rockingham Association of REALTORS®

APN: 080B-04-001C

Virginia Shenandoah County Mount Jackson 22842

272 Nelson St Unit 272 274 276 Nelson T, Mount Jackson, VA

This home is located at 272 Nelson St Unit 272 274 276 Nelson T, Mount Jackson, VA 22842 since 29 April 2022 and is currently estimated at $305,761, approximately $159 per square foot. This property was built in 1960. 272 Nelson St Unit 272 274 276 Nelson T is a home located in Shenandoah County with nearby schools including Honey Run Elementary School, North Fork Middle School, and Mountain View 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.

Harrisonburg-Rockingham 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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