505 Guffey St Fairmont, WV 26554

Estimated Value: $77,000 - $139,000

4 Beds
2 Baths
1,607 Sq Ft
$68/Sq Ft Est. Value

Last Sold June 28, 2024

Current estimated payment $744/month

Highlights

  • Medical Services
  • Neighborhood Views
  • Porch
  • Wood Flooring
  • Fireplace
  • Public Transportation

About This Home

As of June 2024

Investor paradise with great income potential! Both units boast two bedrooms, 1 bath, a kitchen and living area. Easy to live in one unit and rent out the other. All taxes and measurements estimated. All appointments require a minimum of 24-hour notice due to tenants.

Last Agent to Sell the Property

Matthew Cummins

REAL BROKER, LLC License #WVS230302727 Listed on: 04/20/2024

Co-Listed By

JAMIE HUDSON

MOUNTAIN STATE REAL ESTATE SERV. LLC License #WV0029703

Last Buyer's Agent

Todd Conley

LANDMARK REALTY SERVICE License #WV0026281

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,312

Year Built

  • Built in 1939

Lot Details

  • 1,742

Parking

  • On-Street Parking

Home Design

  • Block Foundation
  • Frame Construction
  • Shingle Roof
  • Block Exterior
  • Vinyl Siding

Interior Spaces

  • 1,607 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Neighborhood Views
  • Scuttle Attic Hole
  • Range

Flooring

  • Wood
  • Laminate

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Schools

  • East Park Elementary School
  • East Fairmont Middle School
  • East Fairmont High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas
  • 100 Amp Service
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Porch
  • 1,742 Sq Ft Lot

Listing and Financial Details

  • Security Deposit $1,000
  • Assessor Parcel Number 0257

Community Details

Overview

  • 2 Units

Amenities

  • Medical Services
  • Public Transportation

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,312

Year Built

Built in 1939

Lot Details

0

Listing Details

  • OFFICELIST_ADDRESS: 505 Guffey Street
  • Second Address Number: 505
  • Directions: Off 79 to gateway connector, right onto Elkins Street, right onto Guffey Street.
  • Geo Address Line: 505 Guffey St
  • Geo Longitude: -80.134541
  • Geo Primary City: Fairmont
  • Geo Quality: 0.95
  • Geo Subdivision: WV
  • Geo Zoom Level: 16
  • Handicap Modified: No
  • Listing Office2: 21
  • List Type: Exclusive Right to Sell
  • Lot Dimension: .04 acres
  • Number Of Stories: 2
  • Price per Sq Ft: 84.01
  • Selling Agent1: 2221
  • Selling Agent2: 2710
  • Selling Office1: 9
  • OFFICELIST_STATE: WV
  • Street Designation: Street
  • Building Style: Other
  • TaxAmountDollars: 1312
  • Total Sq Ft: 1607
  • Year Built: 1939
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances Included: Range, Refrigerator, Washer, Dryer
  • Has Attic: Scuttle
  • Has Basement: Full, Interior Access
  • Kitchen Equipment: Smoke Detectors, Cable Ready, Carbon Monoxide Detectors, High Speed Internet Avail
  • Flooring: Wood, Laminate
  • Interior Amenities: Electric Stove Connection, Washer Connection, Electric Dryer Connection, Fireplace
  • Legal Description: PT LT 1 ELKINS & GUFFEY STS (PLAT 862-601)
  • Basement Type: 2-4 Family

Exterior Features

  • Exterior Construction: Frame, Block
  • Exterior: Vinyl
  • Exterior Features: Porch
  • Fence: None
  • Foundation: Block
  • Number of Acres: 0.04
  • Roof: Shingles
  • View: Neighborhood
  • Waterfront: None

Garage/Parking

  • Garage Spaces: None
  • Parking: Street Parking

Utilities

  • Cooling: Window Unit(s)
  • Electricity: Circuit Breakers, 100 Amps
  • Heating: Forced Air, Gas
  • Water Sewer Description: City Sewer, City Water

Condo/Co-op/Association

  • Community Amenities: Medical Facility, Public Transportation
  • Units in Building: 2
  • Property Description: Other

Fee Information

  • Tax Class: Multi-Unit/Income

Schools

  • Elementary School: East Park Elementary
  • Middle School: East Fairmont Middle
  • High School: East Fairmont High
  • School District: Union Corp
  • Elementary School: East Park Elementary
  • High School: East Fairmont High
  • Middle School: East Fairmont Middle

Lot Info

  • Geo Update Timestamp: 2024-04-20
  • Deed Page: 753
  • Parcel #: 0257
  • Zoning: Multiple Family Residence

Rental Info

  • Minimum Deposit: 1000

Tax Info

  • Tax Year: 2023

MLS Schools

  • School County: Marion

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 28, 2024
Sold by
Zirkle Willard D and Zirkle Lora H
Bought by
Fazalare Properties Limited Liability Company
Current Estimated Value
$109,407

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Outstanding Balance
$106,698
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$2,709
Source: Public Records

Range of Values:

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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
Fazalare Properties Limited Liability Company -- Bestitle Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fazalare Properties Limited Liability Company $108,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/28/2024 06/28/24 Sold -- -- --
04/20/2024 04/20/24 For Sale $135,000 -- $84 / Sq Ft
Source: North Central West Virginia REIN

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
2024 $2,052 $45,900 $7,200 $38,700
2023 $1,358 $44,220 $7,200 $37,020
2022 $1,268 $42,600 $7,200 $35,400
2021 $1,216 $41,280 $7,680 $33,600
2020 $1,173 $39,660 $7,680 $31,980
2019 $1,084 $36,120 $5,940 $30,180
2018 $1,015 $34,020 $6,840 $27,180
2017 $993 $33,600 $6,900 $26,700
2016 $962 $32,640 $6,900 $25,740
2015 $940 $32,280 $7,680 $24,600
2014 $940 $31,620 $7,380 $24,240
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2024

    Matthew Cummins

    REAL BROKER, LLC

    (304) 844-1252

    29 Total Sales

    Matthew Cummins
    Section Image

  • J

    Seller Co-Listing Agent in 2024

    JAMIE HUDSON

    MOUNTAIN STATE REAL ESTATE SERV. LLC

    (304) 344-2581

    89 Total Sales

    JAMIE HUDSON
    Section Image
  • Todd Conley

    Buyer's Agent in 2024

    Todd Conley

    LANDMARK REALTY SERVICE

    (304) 627-4413

    68 Total Sales

    Todd Conley
    Section Image
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Map

Source: North Central West Virginia REIN

MLS Number: 10153885

North Central West Virginia REIN

APN: 05-7-02570000

West Virginia Marion County Fairmont 26554

505 Guffey St, Fairmont, WV

This home is located at 505 Guffey St, Fairmont, WV 26554 since 20 April 2024 and is currently estimated at $109,407, approximately $68 per square foot. This property was built in 1939. 505 Guffey St is a home located in Marion County with nearby schools including East Park Elementary School, East Fairmont High School, and East Fairmont Junior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

North Central West Virginia REIN Data provided by North Central WV Real Estate Information Network, Inc.
IDX information is provided exclusively for consumers’ personal non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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