NOT LISTED FOR SALE

480 Kenmore Rd Unit A & B Amherst, VA 24521

Estimated Value: $148,000 - $243,000

2 Beds
2 Baths
1,396 Sq Ft
$132/Sq Ft Est. Value

Last Sold April 10, 2019

Last sale price $86,000 $62 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $1,054/month

126 Days on Market

About This Home

As of April 2019

Great Investment property right outside of the town of Amherst! This property has been completely remodeled the upstairs has been freshly painted, new flooring and remodeled bathroom. Downstairs is 100% brand new with new drywall, paint, new kitchen, new tile bathroom along with new floors throughout. Owner/Agent

Last Listed By

Trevor Gillispie

Elite Realty License #0225241780 Listed on: 10/29/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $405

Year Built

  • Built in 1969

Lot Details

  • 0.53 Acre Lot

Home Design

  • 1,396 Sq Ft Home

Flooring

  • Ceramic Tile
  • Vinyl

Parking

  • 2 Parking Spaces
  • Unpaved Driveway
  • Off-Street Parking

Schools

  • Amherst Elementary School
  • Amherst Midl Middle School
  • Amherst High School

Utilities

  • Window Unit Cooling System
  • Electric Baseboard Heater
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 95A15

Community Details

Overview

  • 2 Units

Building Details

  • 1 Separate Water Meter
  • New Taxes Expense $405
  • Gross Income $13,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$405

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Directions: From the town of Amherst take Kenmore road to the property on the right, just before Amherst pool.
  • Lot Measurement: Acres
  • Lot Sq Ft: 23087.00
  • Days On Market: No
  • Property Subtype1: Multi-Family
  • Prop. Type: Multi-Family
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 95A15
  • Year Built: 1969
  • Heating System: Electric Baseboard
  • Taxes Expense: 405.00
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Broker Approved: Yes
  • Legal Description: Kenmore Rd DB 1296 Pg 30
  • Reciprocal Listing: No
  • Flooring: Ceramic Tile, Vinyl
  • Year Built Exception: 0
  • Walls: Drywall

Garage/Parking

  • Parking: 2 Spaces/Unit, Off Street Parking, Unpaved Drive

Utilities

  • Utility Electric: American Electric
  • Cooling: Window Unit(s)
  • Sewer: Septic Tank
  • Hot Water: County, Other
  • Water Heater: Electric
  • Number Of Water Meters: 1

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors

Association/Amenities

  • Entry Level Unit: A & B

Schools

  • School District: Amherst
  • Elementary School: Amherst Elem
  • High School: Amherst High
  • Middle School: Amherst Midl
  • School District: Amherst

Lot Info

  • Lot Sq Ft: 1396.00
  • Zoning: A-1

Rental Info

  • Types Of Leases: Other

Tax Info

  • Estimated Taxes: 405

Multi Family

  • Annual Gross Income: 13200.00
  • Total Number Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2018
Closed on
Apr 9, 2019
Sold by
Ray Reed Investments Llc
Bought by
Tweedy Jason R and Tweedy Bridget B
Seller's Agent
Trevor Gillispie
Elite Realty
Buyer's Agent
Michelle Talley
Mark A. Dalton & Co., Inc.
List Price
$89,900
Sold Price
$86,000
Premium/Discount to List
-$3,900
-4.34%
Total Days on Market
126
Current Estimated Value
$184,030

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,030
Avg. Annual Appreciation
13.33%
Original Mortgage
$64,500
Interest Rate
4.3%
Mortgage Type
New Conventional

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
Tweedy Jason R $86,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tweedy Jason R $108,000
Closed Tweedy Jason R $64,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2019 04/10/19 Sold $86,000 -4.3% $62 / Sq Ft
03/04/2019 03/04/19 Pending -- -- --
10/29/2018 10/29/18 For Sale $89,900 -- $64 / Sq Ft
Source: Lynchburg 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 $410 $67,200 $20,000 $47,200
2024 $410 $67,200 $20,000 $47,200
2023 $410 $67,200 $20,000 $47,200
2022 $410 $67,200 $20,000 $47,200
2021 $410 $67,200 $20,000 $47,200
2020 $410 $62,800 $20,000 $42,800
2019 $405 $66,400 $26,000 $40,400
2018 $405 $66,400 $26,000 $40,400
2017 $405 $66,400 $26,000 $40,400
2016 $405 $66,400 $26,000 $40,400
2015 $372 $66,400 $26,000 $40,400
2014 $372 $66,400 $26,000 $40,400
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2019

    Trevor Gillispie

    Elite Realty

    (434) 660-5853

    320 Total Sales

    Trevor Gillispie
    Section Image

  • M

    Buyer's Agent in 2019

    Michelle Talley

    Mark A. Dalton & Co., Inc.

    Section Image
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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 315191

APN: 95-A-15

Virginia Amherst County Amherst 24521

480 Kenmore Rd Unit A & B, Amherst, VA

Homes for Sale in Amherst, VA

This home is located at 480 Kenmore Rd Unit A & B, Amherst, VA 24521 since 29 October 2018 and is currently estimated at $184,030, approximately $131 per square foot. This property was built in 1969. 480 Kenmore Rd Unit A & B is a home located in Amherst County with nearby schools including Amherst Elementary School, Amherst Middle School, and Amherst County High School.

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