NOT LISTED FOR SALE

420 S Wayne Ave Waynesboro, VA 22980

Estimated Value: $392,921 - $487,000

-- Bed
7 Baths
3,900 Sq Ft
$112/Sq Ft Est. Value

Last Sold February 10, 2020

Last sale price $210,000 $54 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $2,622/month

Highlights

  • Victorian Architecture
  • Porch
  • Historic Home
  • No HOA
  • Wood Siding

About This Home

As of February 2020

This multi family zoned, manor style property has great rental income producing potential! Located on one of Waynesboro's most beautiful streets in a desirable Waynesboro location; this property is within walking distance to many of Waynesboro's downtown amenities. This property boasts a huge 3 bedroom unit, several 2 bedroom units, and more! An immediate income producing property with great rental history combined with the untapped potential of this property makes this a must see for anyone looking for investment property. Keep this property as an apartment complex or envision remodeling the property into a posh Bed and Breakfast! Possibilities abound with abundant square footage and a bit of vision. Call to set up an appointment today!,Wood Cabinets

Last Agent to Sell the Property

Jon Tsakis

(434) 205-4052 jon.tsakis@gmail.com DOGWOOD REALTY GROUP LLC License #0225036190[4482] Listed on: 11/15/2019

Last Buyer's Agent

Jon Tsakis

(434) 205-4052 jon.tsakis@gmail.com DOGWOOD REALTY GROUP LLC License #0225036190[4482] Listed on: 11/15/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,069

Year Built

  • Built in 1915

Lot Details

  • 0.29 Acre Lot
  • Historic Home

Home Design

  • Victorian Architecture
  • Block Foundation
  • Composition Roof
  • Wood Siding
  • Vinyl Siding

Finished Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Schools

  • Waynesboro High School

Additional Features

  • Electric Oven or Range
  • Washer and Dryer Hookup
  • Porch
  • Window Unit Cooling System

Community Details

  • No Home Owners Association
  • 6 Units
  • Bcmm & Lc Subdivision

Listing and Financial Details

  • Tenant pays for electricity, trash removal, sewer, water
  • The owner pays for gas, insurance, common area maintenance, management, real estate taxes

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,069

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Unit/Flat/Apartment
  • Architectural Style: Victorian
  • Historic: Yes
  • New Construction: No
  • Year Built: 1915
  • Remarks Public: This multi family zoned, manor style property has great rental income producing potential! Located on one of Waynesboro's most beautiful streets in a desirable Waynesboro location; this property is within walking distance to many of Waynesboro's downtown amenities. This property boasts a huge 3 bedroom unit, several 2 bedroom units, and more! An immediate income producing property with great rental history combined with the untapped potential of this property makes this a must see for anyone looking for investment property. Keep this property as an apartment complex or envision remodeling the property into a posh Bed and Breakfast! Possibilities abound with abundant square footage and a bit of vision. Call to set up an appointment today!,Wood Cabinets
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Oven/Range - Electric, Refrigerator, Washer/Dryer Hookups Only
  • Fireplace: No
  • Foundation Details: Block
  • Basement: Yes
  • Basement Type: Fully Finished, Full, Heated, Outside Entrance
  • Price Per Sq Ft: 37.29
  • Street Number Modifier: 420

Exterior Features

  • Construction Materials: Vinyl Siding, Wood Siding
  • Construction Completed: No
  • Roof: Composite
  • Water Oriented: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Electric
  • Security: Carbon Monoxide Detector(s), Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Internet Services: Cable, DSL

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • School District: WAYNESBORO CITY PUBLIC SCHOOLS
  • High School: WAYNESBORO
  • High School Source: Listing Agent
  • School District Key: 300200396637
  • School District Source: Listing Agent
  • High School: WAYNESBORO

Lot Info

  • Lot Size Acres: 0.29
  • Outdoor Living Structures: Porch(es)
  • Zoning: RMF
  • Zoning Description: Multi-family residential

Rental Info

  • Owner Pays: Gas, Insurance, Common Area Maintenance, Management, Taxes - Real Estate
  • Tenant Pays: Electricity, Trash Removal, Sewer, Water
  • Vacation Rental: No

Multi Family

  • Gross Income: 1200.00
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3

Tax Info

  • Tax Annual Amount: 2069.00
  • Tax Year: 2016
  • Close Date: 02/10/2020

MLS Schools

  • School District Name: WAYNESBORO CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 22, 2021
Sold by
Hernandez Jose David and Hernandez Jose Dimas
Bought by
Guerra Carlos Jose
Current Estimated Value
$437,730

Purchase Details

Listed on
Nov 15, 2019
Closed on
Jan 29, 2020
Sold by
Next Door Properties Llc
Bought by
Hernandez Jose David and Hernandez Jose Dimas
Seller's Agent
Jon Tsakis
DOGWOOD REALTY GROUP LLC
Buyer's Agent
Jon Tsakis
DOGWOOD REALTY GROUP LLC
List Price
$265,000
Sold Price
$210,000
Premium/Discount to List
-$55,000
-20.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.73%
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
Guerra Carlos Jose $250,000 Attorney
Hernandez Jose David $210,000 Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/10/2020 02/10/20 Sold $210,000 -20.8% $54 / Sq Ft
01/10/2020 01/10/20 Pending -- -- --
11/15/2019 11/15/19 For Sale $265,000 -- $68 / Sq Ft
Source: Bright 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
2025 $3,923 $478,400 $76,000 $402,400
2024 $2,880 $374,000 $60,000 $314,000
2023 $2,880 $374,000 $60,000 $314,000
2022 $2,687 $298,600 $65,000 $233,600
2021 $2,687 $298,600 $65,000 $233,600
2020 $2,619 $291,000 $65,000 $226,000
2019 $2,619 $291,000 $65,000 $226,000
2018 $2,328 $258,700 $65,000 $193,700
2017 $2,251 $258,700 $65,000 $193,700
2016 $2,070 $258,700 $65,000 $193,700
2015 $2,070 $258,700 $65,000 $193,700
2014 -- $251,000 $55,000 $196,000
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jon Tsakis

    Seller's Agent in 2020

    Jon Tsakis

    DOGWOOD REALTY GROUP LLC

    (434) 205-4052

    3 Total Sales

    Jon Tsakis
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Map

Source: Bright MLS

MLS Number: 597784

Bright MLS

APN: 55 1 22- 4

Virginia Waynesboro County Waynesboro 22980

420 S Wayne Ave, Waynesboro, VA

This home is located at 420 S Wayne Ave, Waynesboro, VA 22980 since 15 November 2019 and is currently estimated at $437,730, approximately $112 per square foot. This property was built in 1915. 420 S Wayne Ave is a home located in Waynesboro City with nearby schools including Berkeley Glenn Elementary School, Kate Collins Middle School, and Waynesboro High School.

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