Seller's Agent in 2024
Cheryl Tsakis
OLD DOMINION REALTY INC - AUGUSTA
(540) 836-9219
6 in this area
58 Total Sales
300 Cherry Ave Grottoes, VA 24441
Estimated Value: $206,637 - $326,000
4
Beds
2
Baths
1,692
Sq Ft
$155/Sq Ft
Est. Value
Highlights
- Covered Patio or Porch
- Forced Air Heating System
- Stacked Washer and Dryer
- Spotswood High School Rated A-
- Baseboard Heating
About This Home
As of July 2024This is an excellent investment opportunity to own a renovated DUPLEX with lots of potential! Each unit has 2 bedrooms, 1 bath PLUS washer/dryer hook-ups, with covered patios. There is room for storage sheds or garage on this property to increase income potential. With the current low housing inventory for sale, NOW is the time to invest in a RENTAL. Many options to consider; live in one unit, rent the other or may be perfect for extended family situations. This location is a convenient commute to Harrisonburg, Waynesboro, Staunton or The Shenandoah Regional Airport in Weyers Cave, VA. Call today for an appointment!
Last Agent to Sell the Property
OLD DOMINION REALTY INC - AUGUSTA License #0225 243 833 Listed on: 06/14/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $700
Year Built
- Built in 1967
Lot Details
- 8,712
Home Design
- 1,692 Sq Ft Home
- Duplex
- Brick Exterior Construction
- Slab Foundation
- Vinyl Siding
Kitchen
- Electric Range
- Microwave
Schools
- South River Elementary School
- Elkton Middle School
- East Rockingham High School
Utilities
- Forced Air Heating System
- Heat Pump System
- Baseboard Heating
Additional Features
- Stacked Washer and Dryer
- Covered Patio or Porch
- 8,712 Sq Ft Lot
Community Details
- 2 Units
Listing and Financial Details
- Tenant pays for electricity, sewer, trash collection, water
- The owner pays for taxes
- Assessor Parcel Number R-31260
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 9, 2022
Closed on
Oct 10, 2022
Sold by
East Terry M
Bought by
Castillo Milton A Saiguero and Martinez Tinajero Rosalba
Seller's Agent
Dana Roach
Massanutten Realty
Buyer's Agent
Cheryl Tsakis
OLD DOMINION REALTY INC - AUGUSTA
List Price
$224,900
Sold Price
$200,000
Premium/Discount to List
-$24,900
-11.07%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,159
Avg. Annual Appreciation
10.00%
Original Mortgage
$120,000
Outstanding Balance
$116,601
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
$145,558
Purchase Details
Closed on
Feb 21, 2005
Sold by
Sampson Warren L and Sampson Ruth K
Bought by
East Samuel C and East Terry M
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Castillo Milton A Saiguero | $200,000 | -- | |
| East Samuel C | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Castillo Milton A Salguero | $120,000 | |
| Closed | Castillo Milton A Saiguero | $120,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/01/2024 07/01/24 | Sold | $275,000 | +1.9% | $163 / Sq Ft |
| 06/18/2024 06/18/24 | Pending | -- | -- | -- |
| 06/14/2024 06/14/24 | For Sale | $269,900 | +35.0% | $160 / Sq Ft |
| 11/08/2022 11/08/22 | Sold | $200,000 | -11.1% | $118 / Sq Ft |
| 10/01/2022 10/01/22 | For Sale | $224,900 | 0.0% | $133 / Sq Ft |
| 10/01/2022 10/01/22 | Price Changed | $224,900 | 0.0% | $133 / Sq Ft |
| 08/24/2022 08/24/22 | Pending | -- | -- | -- |
| 08/08/2022 08/08/22 | Price Changed | $224,900 | -4.3% | $133 / Sq Ft |
| 06/27/2022 06/27/22 | Price Changed | $234,900 | -6.0% | $139 / Sq Ft |
| 06/09/2022 06/09/22 | For Sale | $249,900 | -- | $148 / Sq Ft |
Source: Charlottesville Area Association of REALTORS®
Tax History Compared to Growth
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 | $700 | $103,000 | $8,000 | $95,000 |
| 2024 | $700 | $103,000 | $8,000 | $95,000 |
| 2023 | $700 | $103,000 | $8,000 | $95,000 |
| 2022 | $700 | $103,000 | $8,000 | $95,000 |
| 2021 | $563 | $76,100 | $8,000 | $68,100 |
| 2020 | $563 | $76,100 | $8,000 | $68,100 |
| 2019 | $563 | $76,100 | $8,000 | $68,100 |
| 2018 | $563 | $76,100 | $8,000 | $68,100 |
| 2017 | $548 | $74,000 | $8,000 | $66,000 |
| 2016 | $518 | $74,000 | $8,000 | $66,000 |
| 2015 | $496 | $74,000 | $8,000 | $66,000 |
| 2014 | $474 | $74,000 | $8,000 | $66,000 |
Source: Public Records
Agents Affiliated with this Home
-
Cheryl Tsakis
-
Sable Ponn
Buyer's Agent in 2024
Sable Ponn
Funkhouser Real Estate Group: Luray
(540) 860-8966
3 in this area
254 Total Sales
-
Dana Roach
Seller's Agent in 2022
Dana Roach
Massanutten Realty
(540) 742-9581
5 in this area
96 Total Sales
Map
Source: Charlottesville Area Association of REALTORS®
MLS Number: 654004
APN: 160D3-1-B-29-L18
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