NOT LISTED FOR SALE

34 Magnolia St Ridgeway, VA 24148

Estimated Value: $232,938 - $670,000

10 Beds
5 Baths
3,563 Sq Ft
$103/Sq Ft Est. Value

Last Sold July 07, 2022

Last sale price $185,000 $52 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $2,050/month

29 Days on Market

Highlights

  • Cooling Available
  • Tile Flooring
  • Heat Pump System

About This Home

As of July 2022

Sprawling four plex completely occupied! Units updated in 2019. Each unit has washer/dryer connections and generous floor plans. Owner pays lawn care. Each tent pays utilities. Rents range from $400 to $750. Prequal or POF must be provided prior to scheduling tours.

Last Agent to Sell the Property

Abby Manasco

GIBSON REALTY & ASSOCIATES, INC. License #0225203101 Listed on: 03/21/2022

Last Buyer's Agent

Non Member Mls

NON MEMBER OFFICE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $780

Year Built

  • Built in 1975

Lot Details

  • 0.38

Parking

  • Parking Lot

Home Design

  • 3,563 Sq Ft Home
  • 3-Story Property
  • Brick Exterior Construction
  • Composition Roof

Flooring

  • Wall to Wall Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 5 Bathrooms

Schools

  • Drewry Mason Elementary School
  • Laurel Park Middle School
  • Magna Vista High School

Utilities

  • Cooling Available
  • Heat Pump System

Community Details

  • 4 Units

Listing and Financial Details

  • The owner pays for grounds care
  • Assessor Parcel Number 38045

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$780

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Sub Type: Attached Units,Multi Family
  • Prop. Type: Residential Income
  • Road Surface Type: Paved
  • Subdivision Name: No Subdivision
  • Directions: Enter 34 Magnolia St, Ridgeway, VA into GPS
  • Garage Yn: No
  • Unit Levels: Tri-Level, Three Or More
  • New Construction: No
  • Year Built: 1975
  • Special Features: None

Interior Features

  • Appliances: One Bedroom Unit(Refrigerator,Range), Two Bedrom Unit(Refrigerator,Range), Three Bedroom Unit(Refrigerator,Range), 4+ Bedroom Unit(Refrigerator,Range)
  • Owner Pays: Grounds Care
  • Total Bedrooms: 10
  • Door Features: Three Bedroom Unit(Storm Doors), 4+ Bedroom Unit(Storm Doors)
  • Flooring: Wall/Wall Carpet, Tile, Vinyl
  • Living Area: 3563

Exterior Features

  • Construction Type: Brick
  • Patio And Porch Features: Three Bedroom Unit(Balcony/Patio), 4+ Bedroom Unit(Porch,Balcony/Patio)
  • Property Condition: 41 to 75 Years Old
  • Roof: Composition

Garage/Parking

  • Attached Garage: No
  • Parking Features: Parking Lot

Utilities

  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Electric, Heat Pump
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • Elementary School: Drewry Mason Elem
  • High School: Magna Vista
  • Middle Or Junior School: Laurel Park

Lot Info

  • Parcel #: 38045
  • Zoning: CN
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Lease Term: Month To Month

Multi Family

  • Number Of Units Total: 4
  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 779.52
  • Tax Book Number: L1900

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2022
Closed on
Jul 7, 2022
Sold by
Ngm Llc
Bought by
Bregalean Enterprises Llc
Seller's Agent
Abby Manasco
GIBSON REALTY & ASSOCIATES, INC.
Buyer's Agent
Non Member Mls
NON MEMBER OFFICE
List Price
$210,000
Sold Price
$185,000
Premium/Discount to List
-$25,000
-11.9%
Current Estimated Value
$367,235

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$182,235
Avg. Annual Appreciation
9.52%
Original Mortgage
$148,000
Outstanding Balance
$142,821
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$104,023

Purchase Details

Closed on
Jan 23, 2019
Sold by
Wimbish Rebecca S
Bought by
Ngm Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
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
07/07/2022 07/07/22 Sold $185,000 -11.9% $52 / Sq Ft
04/29/2022 04/29/22 Pending -- -- --
03/30/2022 03/30/22 For Sale $210,000 -- $59 / Sq Ft
Source: Dan River Region 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

  • Abby Manasco

    Seller's Agent in 2022

    Abby Manasco

    GIBSON REALTY & ASSOCIATES, INC.

    (434) 791-2400

    125 Total Sales

    Abby Manasco
    Section Image

  • N

    Buyer's Agent in 2022

    Non Member Mls

    NON MEMBER OFFICE

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Map

Source: Dan River Region Association of REALTORS®

MLS Number: 64620

APN: 010260000

Virginia Henry County Ridgeway 24148

34 Magnolia St, Ridgeway, VA

This home is located at 34 Magnolia St, Ridgeway, VA 24148 since 21 March 2022 and is currently estimated at $367,235, approximately $103 per square foot. This property was built in 1975. 34 Magnolia St is a home located in Henry County with nearby schools including Drewry Mason Elementary School, Laurel Park Middle School, and Magna Vista High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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