NOT LISTED FOR SALE

34 Magnolia St Unit 4 Ridgeway, VA 24148

Estimated Value: $187,000 - $333,000

-- Bed
6 Baths
3,563 Sq Ft
$74/Sq Ft Est. Value

Last Sold January 25, 2019

Last sale price $135,000 $38 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $1,455/month

9 Days on Market

Highlights

  • Wood Flooring
  • Walk-In Closet
  • Ceiling Fan
  • Porch
  • Cooling Available
  • Wood Siding

About This Home

As of January 2019

1 of a kind property! All 4 units have great storage space. Unit B is a tri level style w/ pretty rock fireplace it has 4 BR, 2 baths. . Enclosed front porch. Screened back porch. Unit C is a 2 story w/ main floor family room (hardwood floors) sunken kitchen, 3 large bedrooms & large utility room w/ washer/dryer hookups. Unit D has large bedrooms, large kitchen, laundry room and plenty of storage. Tenant in A has been there almost 20 years. This property has a great rental history, plenty of parking. Located next door to the fire department. Walking distance to library, park & shopping.

Last Agent to Sell the Property

Patti Johnson

Adams Realty,Inc. Brokerage Phone: 2766475277 License #0225053583 Listed on: 10/12/2018

Last Buyer's Agent

Richard Hazlewood

Patrick Land & Auction, Inc License #0225016508

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $773

Year Built

  • Built in 1975

Lot Details

  • Lot Dimensions are 122x106 x 120 x103
  • Property is in good condition

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,563 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Crawl Space

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • Walk-In Closet
  • 6 Bathrooms

Parking

  • 15 Parking Spaces
  • Gravel Driveway
  • Open Parking

Outdoor Features

  • Porch

Utilities

  • Cooling Available
  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Ridgeway Subdivision

Listing and Financial Details

  • Total Actual Rent $24,720
  • Rent includes water & sewer

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$773

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size: 122x106 x 120 x103
  • Subdivision Name: Ridgeway
  • Directions: Greensboro Rd to Main Street left on Magnolia. 1st property on the right
  • Building Stories: 2
  • Year Built: 1975
  • Attribution Contact: 2766475277
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Electric Water Heater
  • Has Basement: Crawl Space
  • Flooring: Wood, Carpet, Vinyl
  • Interior Amenities: Ceiling Fan(s), Walk-In Closet(s)
  • Living Area: 3563

Exterior Features

  • Construction Type: Wood Siding, Brick
  • Patio And Porch Features: Porch
  • Property Condition: Good
  • Roof: Composition

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Gravel Drive
  • Total Parking Spaces: 15

Utilities

  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: Water & Sewer

Lot Info

  • Zoning: B-2 Nbhd Com

Multi Family

  • Total Actual Rent: 24720

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 7, 2022
Sold by
Ngm Llc
Bought by
Bregalean Enterprises Llc
Current Estimated Value
$263,441

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Outstanding Balance
$141,830
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$109,395

Purchase Details

Listed on
Oct 12, 2018
Closed on
Jan 23, 2019
Sold by
Wimbish Rebecca S
Bought by
Ngm Llc
Seller's Agent
Patti Johnson
Adams Realty,Inc.
Buyer's Agent
Richard Hazlewood
Patrick Land & Auction, Inc
List Price
$135,000
Sold Price
$135,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.77%
Original Mortgage
$165,000
Interest Rate
4.6%
Mortgage Type
Credit Line Revolving
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
Bregalean Enterprises Llc $185,000 Hance John P
Ngm Llc $135,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bregalean Enterprises Llc $148,000
Previous Owner Ngm Llc $165,000
Previous Owner Wimbish Charles T $109,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/25/2019 01/25/19 Sold $135,000 0.0% $38 / Sq Ft
10/22/2018 10/22/18 Pending -- -- --
10/12/2018 10/12/18 For Sale $135,000 -- $38 / 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 $773 $139,200 $10,000 $129,200
2023 $773 $139,200 $10,000 $129,200
2022 $773 $139,200 $10,000 $129,200
2021 $773 $139,200 $10,000 $129,200
2020 $772 $139,100 $10,000 $129,100
2019 $772 $139,100 $10,000 $129,100
2018 $77,201 $139,100 $10,000 $129,100
2017 $77,201 $139,100 $10,000 $129,100
2016 $70,126 $143,700 $10,000 $133,700
2015 $70,126 $143,700 $10,000 $133,700
2014 -- $143,700 $10,000 $133,700
Source: Public Records

Agents Affiliated with this Home

  • Patti Johnson

    Seller's Agent in 2019

    Patti Johnson

    Adams Realty,Inc.

    (276) 732-3096

    169 Total Sales

    Patti Johnson
    Section Image

  • R

    Buyer's Agent in 2019

    Richard Hazlewood

    Patrick Land & Auction, Inc

    (276) 692-8383

    22 Total Sales

    Richard Hazlewood
    Section Image
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Map

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

MLS Number: 132829

APN: 010260000

Virginia Henry County Ridgeway 24148

34 Magnolia St Unit 4, Ridgeway, VA

This home is located at 34 Magnolia St Unit 4, Ridgeway, VA 24148 since 12 October 2018 and is currently estimated at $263,441, approximately $73 per square foot. This property was built in 1975. 34 Magnolia St Unit 4 is a home located in Henry County with nearby schools including Drewry Mason Elementary School, Laurel Park Middle School, and Magna Vista High School.

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