NOT LISTED FOR SALE

50 Duplex Ln Madison, VA 22727

Studio
2 Baths
1,804 Sq Ft
1.13 Acre Lot

Sale Details

Date Sold: May 21, 2015

Last sale price $116,000 $64 Per Sq Ft

146 Days on Market

Highlights

  • Backs to Trees or Woods
  • Cooling Available
  • Stacked Washer and Dryer
  • No HOA
  • Property is in very good condition
  • Heat Pump System

About This Home

As of May 2015

One of Two Duplex Properties. Units rent for $675.00 per month. Located just outside of the Town of Madison with easy commutes to Charlottesville, Orange or Culpeper.

Last Agent to Sell the Property

Bud Kreh

(540) 948-6655 budkreh@gmail.com Montague, Miller & Company License #0225044271 Listed on: 10/14/2014

Last Buyer's Agent

Carl Broyles

(540) 948-6655 carl@broylesrealestate.com Montague, Miller & Company License #0225169704

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,173

Year Built

  • Built in 1988

Lot Details

  • 1.13 Acre Lot
  • Backs to Trees or Woods
  • Property is in very good condition

Parking

  • Gravel Driveway

Home Design

  • Duplex
  • Block Foundation
  • Composition Roof
  • Vinyl Siding

Kitchen

  • Electric Oven or Range
  • Dishwasher

Laundry

  • Stacked Washer and Dryer

Utilities

  • Cooling Available
  • Heat Pump System
  • Electric Water Heater
  • Public Septic

Listing and Financial Details

  • Tax Lot 94G
  • Assessor Parcel Number 39- - - -94G

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $3,147

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,173

Year Built

Built in 1988

Lot Details

1.13 Acres

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Ownership: Fee Simple
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Year Built: 1988
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Dishwasher, Oven/Range - Electric, Washer/Dryer Stacked
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Block
  • Basement: No
  • Price Per Sq Ft: 75.67

Exterior Features

  • Construction Materials: Vinyl Siding
  • Construction Completed: No
  • Roof: Composite
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Gravel Driveway
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Septic
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Improvement Assessed Value: 111900.00
  • Land Assessed Value: 63200.00
  • Lot Features: Backs To Trees
  • Lot Size Acres: 1.13
  • Lot Size Area: 49266
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 49266.00
  • Property Condition: Very Good
  • Zoning: R2
  • Zoning Description: R-2

Rental Info

  • Lease Term: 12 Months
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 1173.17
  • Assessor Parcel Number: 39- - - -94G
  • Tax Lot: 94G
  • County Tax Payment Frequency: Annually
  • Tax Year: 2013

Multi Family

  • Gross Income: 15390.00
  • Operating Expense: 3147.00
  • Vacancy Allowance Rate: 5.00

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

Listed on
Oct 14, 2014
Closed on
May 11, 2015
Sold by
Bought by
Seller's Agent
Bud Kreh
Montague, Miller & Company
Buyer's Agent
Carl Broyles
Montague, Miller & Company
List Price
$136,500
Sold Price
$116,000
Premium/Discount to List
-$20,500
-15.02%
Source: Public Records
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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
$232,000 None Available
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
05/21/2015 05/21/15 Sold $116,000 -15.0% $64 / Sq Ft
03/09/2015 03/09/15 Pending -- -- --
10/14/2014 10/14/14 For Sale $136,500 -- $76 / Sq Ft
Source: Bright MLS

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 $1,215 $238,300 $57,000 $181,300
2023 $1,216 $164,300 $38,700 $125,600
2022 $1,216 $164,300 $38,700 $125,600
2021 $1,216 $164,300 $38,700 $125,600
2020 $1,167 $164,300 $38,700 $125,600
2019 $1,188 $164,300 $38,700 $125,600
2018 $1,188 $174,700 $63,700 $111,000
2017 -- $174,700 $63,700 $111,000
2016 -- $174,700 $63,700 $111,000
2015 -- $174,700 $63,700 $111,000
2014 -- $174,700 $63,700 $111,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003226654

Bright MLS
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