NOT LISTED FOR SALE

292 Apple Valley Rd Marion, VA 24354

Marion Area
10 Beds
2 Baths
1,100 Sq Ft
0.75 Acre Lot

Sale Details

Date Sold: May 13, 2022

Last sale price $309,000 $281 Per Sq Ft

169 Days on Market

Highlights

  • Newly Painted Property
  • Wood Frame Window
  • Wood Siding
  • Chilhowie Elementary School Rated 9+
  • Central Air
  • Carpet

About This Home

As of May 2022

Attention investors! Here is your chance to own 5 rental units in two separate buildings side by side! These units have been well maintained and are ready to work for you. Each unit offers a large living, kitchen/dining area, with utility and 1/2 bath on the main floor. The second floor offers 2 large bedrooms and full bath. Located conveniently to area schools, hospitals, and I-81. These units have all separate heat pumps, water& sewer meters, newer roofing. These are a rare find and are ready to work for you! Call today to schedule your private showing!!

Last Agent to Sell the Property

Herbert Dunford

Short Way Real Estate Inc Listed on: 09/21/2021

Last Buyer's Agent

Non Member Non Member

Non Member Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,842

Year Built

  • Built in 1992

Lot Details

  • 32,670 Sq Ft Lot
  • No Landscaping
  • Property is in good condition

Home Design

  • Newly Painted Property
  • Brick Exterior Construction
  • Slab Foundation
  • Fire Rated Drywall
  • Shingle Roof
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 1,100 Sq Ft Home
  • Wood Frame Window

Kitchen

  • Oven or Range
  • Stove

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 2 Bathrooms

Parking

  • Paved Parking
  • Open Parking

Schools

  • Chilhowie Elementary And Middle School
  • Chilhowie High School

Utilities

  • Central Air
  • Heat Pump System
  • Separate Meters
  • Natural Gas Not Available
  • Electric Water Heater

Listing and Financial Details

  • Total Actual Rent $540
  • Tax Lot 43-45

Community Details

Overview

  • 5 Units

Building Details

  • Gross Income $2,700
  • Net Operating Income $2,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,842

Year Built

Built in 1992

Lot Details

0.75 Acres

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.75
  • Lot Size: .75 acre
  • Road Surface Type: Paved
  • Directions: From 81S take exit 39. Turn right then left onto Rt 11 South. Go approx 3 miles, turn right on Apple Valley Drive. Go 3/4 mile property on left.{There are no yard signs.}
  • Structure Type: Up & Down, Two Buildings
  • Year Built: 1992
  • Special Features: None

Interior Features

  • Appliances: Range/Oven, Refrigerator, Electric Water Heater, 2 Bdrm-Stove, 2 Bdrm-Refrigerator
  • Total Bedrooms: 10
  • Fireplace Features: None
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Newer Paint
  • Living Area: 1100
  • Window Features: Wood Frames

Exterior Features

  • Lot Features: No Landscaping
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: Property Disclosure
  • Construction Type: Brick, Vinyl Siding, Wood Siding, Dry Wall
  • Foundation Details: Slab
  • Property Condition: Exterior Condition: Good, Interior Condition: Good
  • Roof: Shingle

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Paved

Utilities

  • Laundry Features: In Kitchen
  • Cooling: Central Air, 2 Bdrm-Central A/C
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Electric: Separate Meters
  • Sewer: Public Sewer
  • Utilities: Natural Gas Not Available
  • Water Source: Public

Schools

  • Elementary School: Chilhowie
  • High School: Chilhowie
  • Middle Or Junior School: Chilhowie

Lot Info

  • Lot Size Sq Ft: 32670
  • Zoning: res
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 5
  • Annual Gross Income: 2700
  • Property Net Operating Income: 2700
  • Number Of Units Leased: 5
  • Total Actual Rent: 540
  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1841.86
  • Tax Lot: 43-45
  • Tax Map Number: 54A-3-43
  • Tax Year: 2019
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/13/2022 05/13/22 Sold $309,000 -6.3% $281 / Sq Ft
03/10/2022 03/10/22 Pending -- -- --
09/21/2021 09/21/21 For Sale $329,900 -- $300 / Sq Ft
Source: Southwest Virginia Association of REALTORS®

Agents Affiliated with this Home

  • H

    Seller's Agent in 2022

    Herbert Dunford

    Short Way Real Estate Inc

  • N

    Buyer's Agent in 2022

    Non Member Non Member

    Non Member Office

See All Agents

Map

Source: Southwest Virginia Association of REALTORS®

MLS Number: 80126

Virginia Smyth County Marion 24319

292 Apple Valley Rd, Marion, VA

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