NOT LISTED FOR SALE

417 N Bridge St Farmville, VA 23901

Estimated Value: $135,139 - $179,000

2 Beds
2 Baths
1,020 Sq Ft
$158/Sq Ft Est. Value

Last Sold May 13, 2024

Last sale price $130,000 $127 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $886/month

22 Days on Market

About This Home

As of May 2024

This duplex is a cash cow! Each unit is 1 bedroom and 1 bathroom, each with their own stacked laundry unit. Total monthly income is $1,500/mo ($750 per unit).This duplex has a solid rental history, low vacancy rate, and is priced to sell. Walking distance to Downtown Farmville, restaurants, parks, High Bridge Trail, Longwood University, and more! Each unit has 2 mini split heat/ac units, off street parking, and updated bathrooms and kitchens. Tenant pays for all utilities (electric, water/sewer, trash, etc). Owner pays for lawn care. Both units are occupied, please do not disturb tenants. It is in a flood zone and will require a cash sale or flood insurance to be purchased. Property has not been flooded since Owner purchased in 2018. Being sold as-is, inspections for buyers information

Last Agent to Sell the Property

Marshall Simpson

RE/MAX Advantage Plus License #0225230244 Listed on: 03/18/2024

RE/MAX Advantage Plus

Last Buyer's Agent

NON MLS USER MLS

NON MLS OFFICE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $415

Year Built

  • Built in 1950

Lot Details

  • 8,494

Home Design

  • Duplex
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 1,020 Sq Ft Home
  • 2-Story Property

Schools

  • Prince Edward Elementary And Middle School
  • Prince Edward High School

Additional Features

  • Front Porch
  • 8,494 Sq Ft Lot
  • Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number MUL

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$415

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Year Built: 1950
  • Lot Size Acres: 0.195
  • Ownership: Individuals
  • Subdivision Name: None
  • Architectural Style: Two Story
  • Garage Yn: No
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: Actual
  • Property Sub Type Additional: Duplex
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Electric Water Heater
  • Basement YN: No
  • Living Area: 1020.0
  • Stories: 2

Exterior Features

  • Roof: Metal
  • Waterfront: No
  • Disclosures: Familial Relation, Owner Is Listing Agent, Sellers Disclosure Not Available
  • Construction Type: Block, Vinyl Siding
  • Patio And Porch Features: Front Porch

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • Middle Or Junior School: Prince Edward

Lot Info

  • Parcel Number: MUL
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 415.48

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Prince Edward
  • High School: Prince Edward

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2024
Closed on
May 6, 2024
Sold by
Red Hawk Properties Llc
Bought by
Brooks Kristen L and Lubeshkoff Eric M
Seller's Agent
Marshall Simpson
RE/MAX Advantage Plus
Buyer's Agent
NON MLS USER MLS
NON MLS OFFICE
List Price
$149,900
Sold Price
$130,000
Premium/Discount to List
-$19,900
-13.28%
Views
169
Current Estimated Value
$160,785

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,785
Avg. Annual Appreciation
16.27%
Original Mortgage
$97,500
Outstanding Balance
$96,109
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$64,676

Purchase Details

Listed on
Oct 25, 2018
Closed on
Oct 16, 2018
Sold by
Taylor-Seay Jeraldine R
Bought by
Red Hawk Properties Llc
Seller's Agent
Sylvia Miles
Napier Realtors ERA
Buyer's Agent
Teresa Sandlin
RE/MAX Advantage Plus
Sold Price
$40,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.66%
Source: Public Records

Range of Values:

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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
Brooks Kristen L $130,000 Amelia Title
Red Hawk Properties Llc $40,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brooks Kristen L $97,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/13/2024 05/13/24 Sold $130,000 -13.3% $127 / Sq Ft
04/11/2024 04/11/24 Pending -- -- --
03/19/2024 03/19/24 For Sale $149,900 +274.8% $147 / Sq Ft
10/25/2018 10/25/18 Sold $40,000 -- $39 / Sq Ft View Prior Sale
Source: Central Virginia Regional MLS

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 $407 $79,900 $15,000 $64,900
2023 $384 $79,900 $15,000 $64,900
2022 $384 $79,900 $15,000 $64,900
2021 $384 $79,900 $15,000 $64,900
2020 $353 $69,200 $15,000 $54,200
2019 $353 $69,200 $15,000 $54,200
2018 $353 $69,200 $15,000 $54,200
2017 $353 $69,200 $15,000 $54,200
2016 $353 $69,200 $15,000 $54,200
2015 $339 $69,200 $15,000 $54,200
2014 $331 $70,400 $17,000 $53,400
2013 $296 $70,400 $17,000 $53,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2406772

Central Virginia Regional MLS

APN: 023A4174-5