NOT LISTED FOR SALE

501 N 7th Ave Hopewell, VA 23860

-- Bed
-- Bath
500 Sq Ft
2,601 Sq Ft Lot

Last Sold November 27, 2017

Last sale price $74,000 $148 Per Sq Ft

44 Days on Market

Highlights

  • Spanish Architecture
  • 1-Story Property
  • 3-minute walk to 3 1/2 Street Playground
  • Corner Lot

About This Home

As of November 2017

A great add to an investors portfolio. Current owner rents out each unit weekly. In 2016 he had tenant(s) for all 52 weeks in units A & C. Unit B was rented for 48 weeks and unit D was rented for 46 weeks. Unit A has just been completely updated with new carpet and paint, updated kitchen and vinyl. The other 3 units have had recent updates as well in recent months. All units are on 1 shared meter for electric and water and owner pays those. This is a great income producing investment. All leases are weekly with a 2 week notice required from tenant and may be extended.

Last Agent to Sell the Property

Keith Wagner

EXP Realty LLC License #0225180385 Listed on: 08/14/2017

EXP Realty LLC

Co-Listed By

Deborah Barber

Ingram & Assoc Chester License #0225058725

Last Buyer's Agent

Megan Wilt

BHG Base Camp License #0225227617

BHG Base Camp

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,686

Year Built

  • Built in 1900

Lot Details

  • 2,601 Sq Ft Lot
  • Corner Lot

Home Design

  • Quadruplex
  • Spanish Architecture
  • Brick Exterior Construction
  • Tar and Gravel Roof
  • Composition Roof
  • Plaster
  • Stucco

Interior Spaces

  • 500 Sq Ft Home
  • 1-Story Property

Parking

  • On-Street Parking
  • Off-Street Parking

Schools

  • Copeland Elementary School
  • Carter G. Woodson Middle School
  • Hopewell High School

Utilities

  • Water Heater

Community Details

  • 4 Units
  • Northwest B Village Subdivision

Listing and Financial Details

  • Tax Lot 501
  • Assessor Parcel Number 066-0150

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,686

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Year Built: 1900
  • Lot Size Acres: 0.0597
  • Co List Office Mls Id: INGR02
  • Co List Office Phone: 804-748-0177
  • Ownership: Individuals
  • Subdivision Name: Northwest B Village
  • Architectural Style: Other, Spanish/Mediterranean
  • Garage Yn: No
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Unknown
  • Property Sub Type Additional: Quadruplex
  • Special Features: None
  • Stories: 1

Interior Features

  • Basement: Other
  • Appliances: Electric Water Heater
  • Basement YN: No
  • Living Area: 500.0
  • Stories: 1

Exterior Features

  • Roof: Composition, Tar/Gravel
  • Fencing: None
  • Lot Features: Corner Lot
  • Waterfront: No
  • Construction Type: Brick, Block, Drywall, Plaster, Stucco

Garage/Parking

  • Parking Features: Off Street, On Street

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • Middle Or Junior School: Carter G. Woodson

Lot Info

  • Parcel Number: 066-0150
  • Zoning Description: R3
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 1686.0
  • Tax Lot: 501

Multi Family

  • Number Of Units Total: 4

MLS Schools

  • Elementary School: Copeland
  • High School: Hopewell

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/27/2017 11/27/17 Sold $74,000 -1.2% $148 / Sq Ft
09/27/2017 09/27/17 Pending -- -- --
09/19/2017 09/19/17 Price Changed $74,900 -16.7% $150 / Sq Ft
09/05/2017 09/05/17 Price Changed $89,900 -5.3% $180 / Sq Ft
08/14/2017 08/14/17 For Sale $94,900 -- $190 / Sq Ft
Source: Central Virginia Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1729626

Central Virginia Regional MLS