328 Tunnelton St Kingwood, WV 26537

Estimated Value: $93,000

-- Bed
-- Bath
9,862 Sq Ft
$9/Sq Ft Est. Value

Last Sold April 24, 2025

Current estimated payment $518/month

Highlights

  • Medical Services
  • 0.9 Acre Lot
  • Community Playground
  • City Lights View
  • Window Unit Cooling System
  • 1-minute walk to Kingwood Parks And Recreation

About This Home

As of April 2025

Great income producing investment located in the heart of Kingwood. 8 unit mixed use investment property including 3 commercial spaces & 5 apartments. Consists of 5 residential units that are fully leased, 2 fully leased commercial units, and one additional commercial space open for lease. Stand alone building located on corner lot across from city building. Shared laundry room for tenants and separate utilities. Includes paved parking lot with 50 parking spaces and an additional gravel parking lot with 8 spaces. 24 hr notice. Call today for a tour!

Last Agent to Sell the Property

Eric Bellman

KLM PROPERTIES, INC License #WVS190300901 Listed on: 10/24/2024

Co-Listed By

Becky Rees

KLM PROPERTIES, INC License #WV0003394

Last Buyer's Agent

NON MEMBER

NON MEMBER

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,156

Year Built

  • Built in 1952

Lot Details

  • 0.9 Acre Lot
  • Partially Fenced Property
  • Level Lot

Property Views

  • City Lights
  • Neighborhood

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Frame Construction
  • Shingle Roof
  • Metal Roof
  • Aluminum Siding
  • Block Exterior

Interior Spaces

  • 9,862 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Partial Basement
  • Carbon Monoxide Detectors
  • Range

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Concrete
  • Ceramic Tile
  • Luxury Vinyl Plank Tile

Laundry

  • Dryer
  • Washer

Parking

  • 3 Car Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Exterior Lighting

Schools

  • Kingwood Elementary School
  • Central Preston Middle School
  • Preston High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • 200+ Amp Service
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Security Deposit $2,000
  • Assessor Parcel Number 47

Community Details

Overview

  • 8 Units

Amenities

  • Medical Services
  • Public Transportation
  • Community Library

Recreation

  • Community Playground
  • Park

Building Details

  • Insurance Expense $1,616
  • Gross Income $58,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,156

Year Built

Built in 1952

Lot Details

0

Listing Details

  • OFFICELIST_ADDRESS: 328 Tunnelton Street
  • Second Address Number: 328
  • Directions: Take W Main St in Kingwood. Turn onto Tunnelton St. Continue 0.4 miles. Building will be on your right.
  • Geo Address Line: 328 Tunnelton St
  • Geo Longitude: -79.689838
  • Geo Primary City: Kingwood
  • Geo Quality: 0.95
  • Geo Subdivision: WV
  • Geo Zoom Level: 16
  • GrossIncomeDollars: 58000
  • Handicap Modified: No
  • InsuranceExpenseDollars: 1616
  • Listing Office2: 58
  • List Type: Exclusive Right to Sell
  • Lot Dimension: Irregular
  • Number Of Stories: 2
  • Price per Sq Ft: 38.53
  • Selling Agent1: 28
  • Selling Office1: 103
  • OFFICELIST_STATE: WV
  • Street Designation: Street
  • Building Style: Other
  • TaxAmountDollars: 6156
  • Total Sq Ft: 9862
  • Year Built: 1952
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances Included: Range, Refrigerator, Washer, Dryer, Other
  • Has Attic: Other
  • Has Basement: Partial
  • Kitchen Equipment: Cable Ready, Cable Available, Other, Hot Water Heater Gas, Carbon Monoxide Detectors, High Speed Internet Avail
  • Flooring: Wall-to-Wall Carpet, Ceramic Tile, Tile, Concrete, Laminate, Luxury Vinyl Plank
  • Interior Amenities: Electric Stove Connection, Washer Connection, Gas Dryer Connection, Other, Some Window Treatments, 9ft+ Ceiling
  • Legal Description: PT 2 LOTS MURDOCK ADD, PT LOT 84 TUNNELTON ST, LOT MESSENGER PROP, PT LOT (.073) MURDOCK ADD
  • Basement Type: Other

Exterior Features

  • Exterior Construction: Frame, Block
  • Exterior: Aluminum, Brick
  • Exterior Features: Outside Lighting, Other
  • Fence: Partial
  • Foundation: Block
  • Number of Acres: 0.9
  • Roof: Shingles, Metal
  • View: City Lights, Other, Neighborhood
  • Waterfront: None

Garage/Parking

  • Garage Spaces: None
  • Parking: Other, Off-Street Parking, Units Vary, 3+ Cars

Utilities

  • Cooling: Central Air, Window Unit(s), Ceiling Fan(s), Electric
  • Electricity: 200+ Amps
  • Heating: Forced Air, Gas
  • Water Sewer Description: City Sewer, City Water

Condo/Co-op/Association

  • Community Amenities: Park, Playground, Library, Medical Facility, Public Transportation
  • Units in Building: 8
  • Property Description: Level

Fee Information

  • Tax Class: Multi-Unit/Income

Schools

  • Elementary School: Kingwood Elementary
  • Middle School: Central Preston Middle
  • High School: Preston High
  • School District: Kingwood Corporation
  • Elementary School: Kingwood Elementary
  • High School: Preston High
  • Middle School: Central Preston Middle

Lot Info

  • Geo Update Timestamp: 2024-10-24
  • Deed Page: 737
  • Parcel #: 47
  • Zoning: Other

Rental Info

  • Minimum Deposit: 2000

Tax Info

  • Tax Year: 2023

MLS Schools

  • School County: Preston

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 17, 2025
Sold by
At Cultural Development Llc
Bought by
Scappini Real Estate Llc
Current Estimated Value
$93,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Outstanding Balance
$304,000
Interest Rate
6.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 28, 2023
Sold by
Herring Building 101 Llc
Bought by
At Cultural Development Llc
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
Scappini Real Estate Llc $380,000 None Listed On Document
Scappini Real Estate Llc $380,000 None Listed On Document
At Cultural Development Llc $280,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scappini Real Estate Llc $304,000
Closed Scappini Real Estate Llc $304,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2025 04/24/25 Sold -- -- --
12/04/2024 12/04/24 Price Changed $415,000 -5.7% $42 / Sq Ft
10/24/2024 10/24/24 For Sale $439,900 -- $45 / Sq Ft
Source: North Central West Virginia REIN

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 $263 $11,460 $11,460 $0
2023 $315 $10,980 $10,980 $0
2022 $304 $10,440 $10,440 $0
2021 $305 $10,440 $10,440 $0
2020 $303 $10,440 $10,440 $0
2019 $305 $10,440 $10,440 $0
2018 $261 $10,440 $10,440 $0
2017 $256 $10,440 $10,440 $0
2016 $256 $10,440 $10,440 $0
2015 $258 $10,440 $10,440 $0
2014 $260 $10,440 $10,440 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Central West Virginia REIN

MLS Number: 10156936

North Central West Virginia REIN

APN: 11-8-00560000