NOT LISTED FOR SALE

401 S Magnolia Ave Waynesboro, VA 22980

Estimated Value: $358,000

0.34 Acre
$1,052,941 Price per Acre
14,810 Sq Ft Lot

Last Sold March 25, 2022

Last sale price $147,250

Est. 143% increase in value since last sale

Current estimated payment $2,042/month

44 Days on Market

About This Lot

As of March 2022

Four lots zoned as R-O (Residential -office) could be a great opportunity to build duplexes for investment or personal use. An opportunity like this one are hard to find so this one won't last long. Great location. Convenient to many amenities such as Ridgeview Park, short distance to Westwood Elementary, Medical offices, restaurants and much more. Seller reserves the right to approve the proposed use of the property- prefers residential.

Last Agent to Sell the Property

Rick Kane

WESTHILLS LTD. REALTORS License #225017739 Listed on: 02/07/2022

Last Buyer's Agent

JOSEPH SULLIVAN

DOGWOOD REALTY GROUP LLC License #0225242155

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $864

Lot Details

  • 0.34 Acre Lot
  • Open Lot
  • Property is zoned RO Residential Office

Schools

  • Westwood Hills Elementary School
  • Kate Collins Middle School
  • Waynesboro High School

Utilities

  • Electricity Not Available

Community Details

  • West Waynesboro Land Co Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$864

Lot Details

0

Listing Details

  • Class: LAND
  • Property Type: Building Lots
  • Assessment: 96000
  • L V T Date: 02/07/2022
  • Price Per Sq Ft: 433088.24
  • Zoning: RO Residential Office
  • Best Use: Multi-Family, Residential
  • Current Use: Vacant
  • Road Street: Paved, Public Rd
  • Subdivision: WEST WAYNESBORO LAND CO
  • Comments: No
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Land Description: Nearly Level, Open

Exterior Features

  • Number Of Acres: 0.34

Utilities

  • Sewer/Septic System: Public Sewer Available
  • Water: Public Water Available
  • Electric: No Electricity

Lot Info

  • Lot Number: 1,2,3,4 Block 17

Tax Info

  • Year: 2019
  • Taxes: 864

MLS Schools

  • HighSchool: Waynesboro
  • Middle School: Kate Collins
  • Elementary School: Westwood Hills

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 19, 2017
Sold by
Bruce Ii Clark A and Bruce Lelia Z
Bought by
Magnolia Corner Llc A Virginia Limited L
Current Estimated Value
$358,000

Purchase Details

Closed on
May 30, 2008
Sold by
Homesales Inc
Bought by
Carpenter Allen
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Magnolia Corner Llc A Virginia Limited L -- None Available
Carpenter Allen $120,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/25/2022 03/25/22 Sold $147,250 -13.3% --
03/23/2022 03/23/22 Pending -- -- --
03/10/2022 03/10/22 For Sale $169,900 0.0% --
02/07/2022 02/07/22 Pending -- -- --
02/07/2022 02/07/22 For Sale $169,900 -- --
Source: Charlottesville Area 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
2025 $1,882 $229,500 $35,000 $194,500
2024 $1,378 $179,000 $32,500 $146,500
2023 $185 $24,000 $24,000 $0
2022 $194 $21,500 $21,500 $0
2021 $194 $21,500 $21,500 $0
2020 $216 $24,000 $24,000 $0
2019 $216 $24,000 $24,000 $0
2018 $216 $24,000 $24,000 $0
2017 $209 $24,000 $24,000 $0
2016 $192 $24,000 $24,000 $0
2015 $192 $24,000 $24,000 $0
2014 -- $30,000 $30,000 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Rick Kane

    Seller's Agent in 2022

    Rick Kane

    WESTHILLS LTD. REALTORS

    (540) 241-2579

    107 Total Sales

    Rick Kane
    Section Image

  • J

    Buyer's Agent in 2022

    JOSEPH SULLIVAN

    DOGWOOD REALTY GROUP LLC

    (434) 989-8960

    45 Total Sales

    JOSEPH SULLIVAN
    Section Image
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Map

Source: Charlottesville Area Association of REALTORS®

MLS Number: 626268

Charlottesville Area Association of REALTORS®

APN: 44 4 17- 1

Virginia Waynesboro County Waynesboro 22980

401 S Magnolia Ave, Waynesboro, VA

Not Listed for Sale

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