NOT LISTED FOR SALE

289 Independence Cir Forest, VA 24551

-- Bed
-- Bath
1,850 Sq Ft
0.46 Acres

Last Sold July 08, 2015

Last sale price $124,000 $67 Per Sq Ft

244 Days on Market

About This Home

As of July 2015

The only duplex located on a very nice residential street !! Brookville Schools !! 2 two bdrm 1 bath units (925 sq ft each) . Left side (A) (lease ends 3-31-2015) $500 month, tenant cuts grass, rakes leaves etc. Right side (B) $575 month. Unit A tenants 15 years, unit B (Lease ends 9-30-2015) tenants 7 years. Unit A in Good shape but needs cosmetics, paint, vinyl etc, unit B in very good shape with newer laminate flooring . Floor plan the same on both units. LR (12x12.5) DR (11x10) Kit(12x9) Laundry closet in kitchen (10x3) Bdrm (12x12) Bdrm (12x11) Heat pumps,1 water meter, 2 electric meters. Large level lot,, vinyl siding, great location,$12900 Gross Annual Income, $10,713 Net annual income.New heat pump on B side 11/2014. This is a modular duplex. Both have 1 year leases.Septic pumped approx 5 yrs ago. Sold as is, home inspection for purchasers information only.

Last Agent to Sell the Property

Jeff Barker

RE/MAX 1st Olympic License #0204025572 Listed on: 11/06/2014

RE/MAX 1st Olympic

Last Buyer's Agent

Jeff Barker

RE/MAX 1st Olympic License #0204025572 Listed on: 11/06/2014

RE/MAX 1st Olympic

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $707

Year Built

  • Built in 1979

Lot Details

  • 0.46 Acre Lot

Interior Spaces

  • 1,850 Sq Ft Home
  • Vinyl Flooring

Parking

  • 2 Parking Spaces
  • Unpaved Driveway

Schools

  • Tomahawk Elementary School
  • Brookville Midl Middle School
  • Brookville High School

Utilities

  • Heat Pump System
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 20A214

Community Details

Overview

  • 2 Units
  • Jefferson Manor Subdivision

Building Details

  • 1 Separate Water Meter
  • Insurance Expense $700
  • Water Sewer Expense $65
  • New Taxes Expense $707
  • Gross Income $12,900
  • Net Operating Income $10,713

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$707

Year Built

Built in 1979

Lot Details

0

Listing Details

  • FILLACRES: 0.4590
  • Directions: Timberlake Rd to Waterlick Rd to left on Jefferson Manor to R on Jane Randolph to L on Independence Circle duplex on Left
  • ElementarySchool4: Tomahawk Elem
  • HighSchool4: Brookville High
  • Lot Measurement: Acres
  • Lot Sq Ft: 19994.00
  • MiddleSchool4: Brookville Midl
  • Days On Market: No
  • Property Subtype1: Multi-Family
  • Prop. Type: Multi-Family
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 20A214
  • Year Built: 1979
  • Heating System: Heat Pump
  • Unit Info Number Unfurnished Units: 2
  • Taxes Expense: 707.00
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Broker Approved: Yes
  • Legal Description: Jefferson Manor Lot 14 BK A Sec 2
  • Reciprocal Listing: No
  • Flooring: Vinyl, Other
  • Year Built Exception: 0
  • Walls: Drywall

Garage/Parking

  • Parking: 2 Spaces/Unit, Assigned, Unpaved Drive

Utilities

  • Cooling: Heat Pump
  • Sewer: Septic Tank
  • Hot Water: County
  • Water Heater: Electric
  • Number Of Water Meters: 1

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors
  • Subdivision Complex: Jefferson manor

Fee Information

  • Insurance Expenses: 700.00

Schools

  • School District: Campbell

Lot Info

  • Lot Sq Ft: 1850.00
  • Zoning: R1

Rental Info

  • Types Of Leases: 1 Year Lease

Tax Info

  • Estimated Taxes: 707

Multi Family

  • Annual Gross Income: 12900.00
  • Net Operating Income: 10713.00
  • Total Number Units: 2
  • Water Expense: 65.00

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

Property History

Date Event Price List to Sale Price per Sq Ft
07/08/2015 07/08/15 Sold $124,000 -11.4% $67 / Sq Ft
07/08/2015 07/08/15 Pending -- -- --
11/06/2014 11/06/14 For Sale $139,900 -- $76 / Sq Ft
Source: Lynchburg 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 $733 $162,800 $30,000 $132,800
2024 $733 $162,800 $30,000 $132,800
2023 $733 $162,800 $30,000 $132,800
2022 $729 $140,100 $26,000 $114,100
2021 $729 $140,100 $26,000 $114,100
2020 $729 $134,800 $26,000 $108,800
2019 $729 $140,100 $26,000 $114,100
2018 $701 $134,800 $26,000 $108,800
2017 $701 $134,800 $26,000 $108,800
2016 $701 $134,800 $26,000 $108,800
2015 -- $134,800 $26,000 $108,800
2014 -- $135,900 $26,000 $109,900
Source: Public Records

Agents Affiliated with this Home

  • Jeff Barker

    Seller's Agent in 2015

    Jeff Barker

    RE/MAX

    (434) 610-6789

    6 in this area

    75 Total Sales

    Jeff Barker
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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 288605

APN: 020A-0200A-014-0

Virginia Campbell County Forest 24551

289 Independence Cir, Forest, VA

Not Listed for Sale

MultiFamily

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