NOT LISTED FOR SALE

477 Ivanhoe Rd Max Meadows, VA 24360

Max Meadows Area
39 Beds
2 Baths
16,000 Sq Ft
4.2 Acre Lot

Sale Details

Date Sold: January 22, 2021

Last sale price $1,000,000 $62 Per Sq Ft

258 Days on Market

Highlights

  • 4.2 Acre Lot
  • Newly Painted Property
  • Central Heating and Cooling System
  • Mature Trees
  • Paneling
  • Ceiling Fan

About This Home

As of January 2021

These units are rented and ready for you to bring in the income. 20 units in 6 buildings located just across the road from each other. Located just off I-81 and I-77 for convenience to the interstates, schools and shopping. All units have been updated and are nice. Call today to view and for more information.

Last Agent to Sell the Property

Judy Short

Short Way Real Estate Inc License #0225045099 Listed on: 02/03/2020

Short Way Real Estate Inc

Last Buyer's Agent

Carmen Gravely

Long & Foster-Blacksburg License #0225214699

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,245

Year Built

  • Built in 1992

Lot Details

  • 4.2 Acre Lot
  • Mature Trees
  • Property is in good condition

Home Design

  • Newly Painted Property
  • Brick Exterior Construction
  • Fire Rated Drywall
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 16,000 Sq Ft Home
  • Paneling
  • Ceiling Fan
  • Insulated Windows
  • Crawl Space
  • Fire and Smoke Detector
  • Laundry on main level

Kitchen

  • Oven or Range
  • Stove
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 39 Bedrooms
  • 2 Bathrooms

Parking

  • Gravel Driveway
  • Open Parking

Schools

  • Max Meadows Elementary School
  • Fort Chiswell Middle School
  • Fort Chiswell High School

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Baseboard Heating
  • Separate Meters
  • Natural Gas Not Available
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

Overview

  • 20 Units

Building Details

  • Gross Income $9,605
  • Net Operating Income $9,605

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,245

Year Built

Built in 1992

Lot Details

4.2 Acres

Listing Details

  • Property Sub Type: Apartment
  • Prop. Type: Residential Income
  • Lot Size Acres: 4.2
  • Lot Size: 4.2 ac
  • Road Surface Type: Paved
  • Directions: I-81N, Exit 80. Right off exit to light. Turn right on Rt 94, Ivanhoe Road. Go about 1 miles. Units on the left and right. No sign
  • Structure Type: Multiple Buildings, Up & Down, Other-See Remarks
  • Year Built: 1992
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Range/Oven, Refrigerator, Electric Water Heater, 1 Bdrm-Dishwasher, 2 Bdrm-Dishwasher, 1 Bdrm-Stove, 2 Bdrm-Stove, 1 Bdrm-Refrigerator, 2 Bdrm-Refrigerator
  • Has Basement: Crawl Space
  • Total Bedrooms: 39
  • Fireplace Features: None
  • Flooring: Vinyl, Carpet, Newer Floor Covering
  • Interior Amenities: Paneling, Ceiling Fan(s), Newer Paint
  • Living Area: 16000
  • Window Features: Insulated Windows

Exterior Features

  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: Property Disclosure
  • Construction Type: Vinyl Siding, Brick, Dry Wall
  • Exterior Features: Mature Trees
  • Property Condition: Exterior Condition: Good, Interior Condition: Good
  • Roof: Shingle

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Gravel

Utilities

  • Laundry Features: Main Level
  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Baseboard, Electric, Central, Heat Pump
  • Heating Yn: Yes
  • Electric: Separate Meters
  • Sewer: Septic Tank
  • Utilities: Cable Connected, Natural Gas Not Available
  • Water Source: Public

Schools

  • Elementary School: Max Meadows
  • High School: Fort Chiswell
  • Middle Or Junior School: Fort Chiswell

Lot Info

  • Lot Size Sq Ft: 182952
  • Zoning: none
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 20
  • Annual Gross Income: 9605
  • Property Net Operating Income: 9605
  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 5245.02
  • Tax Lot: 0
  • Tax Map Number: 44-25C
  • Tax Year: 2019

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
May 22, 2023
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,777
Outstanding Balance
$178,250
Interest Rate
6.39%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 3, 2020
Closed on
Jan 22, 2021
Sold by
Bought by
Seller's Agent
Judy Short
Short Way Real Estate Inc
Buyer's Agent
Carmen Gravely
Long & Foster-Blacksburg
List Price
$1,199,900
Sold Price
$1,000,000
Premium/Discount to List
-$199,900
-16.66%
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Max Meadows, VA

  • Charles Burnette Real Estate Agent - Burnette Real Estate Sales & Management Inc.

    Charles Burnette

    Burnette Real Estate Sales & Management Inc.

    (540) 299-1546

    61 Total Sales

    2 in Max Meadows

    $150,000 Price Range

    Charles Burnette
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  • Chris Johnson Real Estate Agent - RE/MAX 8 - Blacksburg

    Chris Johnson

    RE/MAX 8 - Blacksburg

    (540) 307-2528

    56 Total Sales

    1 in Max Meadows

    $250,000 Price

    Chris Johnson
     Section Image
  • Riley Hall Real Estate Agent - eXp Realty

    Riley Hall

    eXp Realty

    (540) 701-4416

    115 Total Sales

    1 in Max Meadows

    $197,500 Price

    Riley Hall
     Section Image
  • Jarrod Hines Real Estate Agent - REAL BROKER LLC - MCLEAN

    Jarrod Hines

    REAL BROKER LLC - MCLEAN

    (540) 831-3727

    107 Total Sales

    2 in Max Meadows

    $431,000 Price Range

    Jarrod Hines
     Section Image
  • Kelsey Frazier Real Estate Agent - eXp Realty - Blacksburg

    Kelsey Frazier

    eXp Realty - Blacksburg

    (540) 518-0920

    102 Total Sales

    1 in Max Meadows

    $220,000 Price

    Kelsey Frazier
     Section Image
  • Jimmy Akers Real Estate Agent - Stuart and Associates

    Jimmy Akers

    Stuart and Associates

    (276) 598-1565

    90 Total Sales

    1 in Max Meadows

    $30,000 Price

    Jimmy Akers
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$180,000 North American Title
$1,000,000 Attorney
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $188,777
Open $997,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/22/2021 01/22/21 Sold $1,000,000 -16.7% $63 / Sq Ft
10/21/2020 10/21/20 Pending -- -- --
02/05/2020 02/05/20 For Sale $1,199,900 -- $75 / Sq Ft
Source: Southwest Virginia Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,321 $259,100 $30,000 $229,100
2024 $1,321 $259,100 $30,000 $229,100
2023 $1,321 $259,100 $30,000 $229,100
2022 $1,321 $259,100 $30,000 $229,100
2021 $979 $181,300 $30,000 $151,300
2020 $979 $181,300 $30,000 $151,300
2019 $979 $181,300 $30,000 $151,300
2018 $888 $181,300 $30,000 $151,300
2017 $888 $0 $0 $0
2016 -- $0 $0 $0
2015 -- $180,400 $0 $0
2014 -- $0 $0 $0
2012 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Judy Short Real Estate Agent - Short Way Real Estate Inc

    Seller's Agent in 2021

    Judy Short

    Short Way Real Estate Inc

    (276) 223-4018

    297 Total Sales

    Judy Short
    Section Image

  • C

    Buyer's Agent in 2021

    Carmen Gravely

    Long & Foster-Blacksburg

See All Agents

Map

Source: Southwest Virginia Association of REALTORS®

MLS Number: 72875

Virginia Wythe County Max Meadows 24360

477 Ivanhoe Rd, Max Meadows, VA

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IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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