NOT LISTED FOR SALE

352 Main St Smithfield, VA 23430

Estimated Value: $451,562 - $602,000

8 Beds
4 Baths
1,060 Sq Ft
$504/Sq Ft Est. Value

Last Sold December 14, 2016

Last sale price $135,000 $127 Per Sq Ft

Est. 296% increase in value since last sale

Current estimated payment $3,018/month

About This Home

As of December 2016

Rare opportunity to own income producing property in historic downtown Smithfield. Four unit apartment building! A little polish will make this gem shine!

Last Agent to Sell the Property

Lori Carlson

Mission Realty Group License #0225032317 Listed on: 04/21/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,292

Year Built

  • Built in 1937

Lot Details

  • 9,148

Parking

  • Off-Street Parking

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,060 Sq Ft Home
  • 2-Story Property
  • Brick Wall or Ceiling
  • Crawl Space
  • No Attic

Schools

  • Hardy Elementary School
  • Smithfield Middle School
  • Smithfield High School

Utilities

  • Natural Gas Water Heater

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 21A01165

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,292

Year Built

Built in 1937

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Rooming House
  • Structure: Block, Frame
  • County Or City: Isle of Wight
  • Neighborhood Name: Smithfield
  • Parcel Number: 21A01165
  • Siding: Brick
  • SP/ Sq Ft: 127.36
  • Unit Count: 4
  • Wall Type: Brick
  • Year Built Description: Actual
  • Total Sq Ft: 1060
  • Street View Param: 1$36.98$-76.63606299999998$25.26$13.33$1.00$1t4FNyZU6Mk5aFGvoY1yTA
  • Year Built: 1937
  • Special Features: None
  • Stories: 2
  • Year Built: 1937

Interior Features

  • Basement Type: Crawl Space
  • Attic: No Attic
  • Number Of Levels: 2.00
  • Post Office: Smithfield

Garage/Parking

  • Parking: Off Street

Utilities

  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Natural Gas

Schools

  • Elementary School: Hardy
  • Middle School: Smithfield
  • High School: Smithfield
  • Elementary School: Hardy
  • High School: Smithfield
  • Middle School: Smithfield

Tax Info

  • Annual Taxes: 2292.00
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2016
Closed on
Dec 12, 2016
Sold by
Marie Stephenson
Bought by
Web 3715 Llc
Seller's Agent
Lori Carlson
Mission Realty Group
List Price
$249,000
Sold Price
$135,000
Premium/Discount to List
-$114,000
-45.78%
Current Estimated Value
$534,141

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$399,141
Avg. Annual Appreciation
16.92%

Purchase Details

Closed on
Apr 7, 2016

Purchase Details

Closed on
Jan 22, 2013
Sold by
Stone Pilot Properties Llc

Purchase Details

Closed on
May 2, 2011

Purchase Details

Closed on
Feb 22, 2007
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
Web 3715 Llc $135,000 Attorney Only
-- $200,000 --
-- $264,600 --
-- $282,400 --
-- -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2016 12/14/16 Sold $135,000 -45.8% $127 / Sq Ft
11/26/2016 11/26/16 Pending -- -- --
04/21/2016 04/21/16 For Sale $249,000 -- $235 / Sq Ft
Source: Williamsburg Multiple Listing Service

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 $2,096 $287,100 $65,000 $222,100
2023 $2,146 $287,100 $65,000 $222,100
2022 $2,190 $244,900 $65,000 $179,900
2021 $2,190 $244,900 $65,000 $179,900
2020 $2,190 $244,900 $65,000 $179,900
2019 $2,190 $244,900 $65,000 $179,900
2018 $2,256 $252,700 $65,000 $187,700
2016 $2,292 $252,700 $65,000 $187,700
2015 $11,573 $252,700 $65,000 $187,700
2014 $11,573 $272,400 $70,000 $202,400
2013 -- $272,400 $70,000 $202,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Williamsburg Multiple Listing Service

MLS Number: 1613332

Williamsburg Multiple Listing Service

APN: 21A-01-165