NOT LISTED FOR SALE

275 Lacky Hill Rd Bassett, VA 24055

-- Bed
2 Baths
896 Sq Ft
3.1 Acres

Last Sold February 20, 2024

Last sale price $59,000 $66 Per Sq Ft

140 Days on Market

Highlights

  • Porch
  • Ceiling Fan
  • 1-Story Property
  • Forced Air Heating and Cooling System
  • Carpet

About This Home

As of February 2024

Are you an outdoor enthusiast, love the water, an investor or just someone looking for an in-law suite or passive income to help cover your mortgage payment? Look no further than this rare find that is located less than 1 mile from a Smith River access point! This would make a perfect AirBnB or in-law situation. Must be a cash buyer or obtaining a commercial loan since this is a multifamily property. You will be getting 2 houses plus the additional 2.8 acres of land behind the houses. You'll enjoy the views from your front and side porch and passive income if you so choose. Both houses have ample storage. The main house has an attic that could easily be converted into a third bedroom and the basement is plumbed for an additional bathroom. Basement of the main house does have water entering the basement from somewhere. There are two separate basements in the smaller house that appear to be dry. Be careful; the steps are very steep. It's easier to access the basement from the backyard. Call today to check out this great opportunity!

Last Agent to Sell the Property

Tonya Bredamus

KW Martinsville Brokerage Phone: 2767887653 License #0225252569 Listed on: 07/30/2023

KW Martinsville

Co-Listed By

Amy Guilliams

KW Martinsville Brokerage Phone: 2767887653 License #0225243027

Last Buyer's Agent

Tonya Bredamus

KW Martinsville Brokerage Phone: 2767887653 License #0225252569 Listed on: 07/30/2023

KW Martinsville

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19

Lot Details

  • 3.1

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2 Bathrooms
  • 896 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan

Flooring

  • Carpet
  • Vinyl

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • Gravel Driveway
  • Open Parking

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Electric Water Heater
  • Septic Tank

Additional Features

  • Porch
  • 3.1 Acre Lot

Community Details

  • Bassett Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Co List Office Mls Id: 138
  • Co List Office Phone: 276-788-7653
  • Subdivision Name: Bassett
  • Building Stories: 1
  • Attribution Contact: 2767887653
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Electric Water Heater
  • Has Basement: Full, Walk-Out Access
  • Fireplace Features: Electric
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Ceiling Fan(s)
  • Living Area: 896

Exterior Features

  • Construction Type: Vinyl Siding
  • Patio And Porch Features: Porch
  • Roof: Composition

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Gravel Drive

Utilities

  • Cooling: Central-Electric
  • Cooling Y N: Yes
  • Heating: Forced Air
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Utilities On
  • Water Source: Well

Lot Info

  • Lot Size Sq Ft: 135044
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2023
Closed on
Feb 14, 2024
Sold by
Lockhart Harvey L
Bought by
Romero Julia and Romero Cristobal
Seller's Agent
Tonya Bredamus
KW Martinsville
Buyer's Agent
Tonya Bredamus
KW Martinsville
List Price
$129,900
Sold Price
$59,000
Premium/Discount to List
-$70,900
-54.58%
Views
488
Source: Public Records

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
Romero Julia -- None Listed On Document
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/03/2024 03/03/24 Off Market $75,000 -- --
02/20/2024 02/20/24 Sold $59,000 -21.3% $66 / Sq Ft
12/18/2023 12/18/23 Pending -- -- --
11/27/2023 11/27/23 Price Changed $75,000 -16.6% $84 / Sq Ft
11/07/2023 11/07/23 Price Changed $89,900 -10.0% $100 / Sq Ft
09/11/2023 09/11/23 Price Changed $99,900 -9.1% $111 / Sq Ft
08/14/2023 08/14/23 Price Changed $109,900 -8.3% $123 / Sq Ft
08/07/2023 08/07/23 Price Changed $119,900 -7.7% $134 / Sq Ft
07/30/2023 07/30/23 For Sale $129,900 -- $145 / Sq Ft
Source: Martinsville, Henry & Patrick Counties 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 $19 $3,400 $3,400 $0
2023 $19 $3,400 $3,400 $0
2022 $19 $3,400 $3,400 $0
2021 $19 $3,400 $3,400 $0
2020 $19 $3,400 $3,400 $0
2019 $19 $3,400 $3,400 $0
2018 $1,887 $3,400 $3,400 $0
2017 $1,887 $3,400 $3,400 $0
2016 $1,659 $3,400 $3,400 $0
2015 $1,659 $3,400 $3,400 $0
2014 $1,659 $3,400 $3,400 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Martinsville, Henry & Patrick Counties Association of REALTORS®

MLS Number: 139606

APN: 023630002