NOT LISTED FOR SALE

508 W Stuart Dr Galax, VA 24333

Estimated Value: $209,000 - $281,000

8 Beds
5 Baths
2,762 Sq Ft
$92/Sq Ft Est. Value

Last Sold April 30, 2021

Last sale price $209,000 $76 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $1,460/month

356 Days on Market

Highlights

  • Newly Painted Property
  • Paneling
  • Baseboard Heating
  • Wet Bar
  • Tile Flooring

About This Home

As of April 2021

Newly remodeled apartment house with four unit.. Hardwood and tile floors. Located in Galax within walking distance of Main Street and the Library.. Major appliances stay.. Each unit has its own electric meter. Unit #1 has 2 bedrooms and 2 baths for $650, Unit #2 has 2 bedrooms 1 bath for $600, Unit 3 has 2 bedroom and 1 bath for $650 and Unit 4 has 2 bedrooms 1 bath for $650. There is coin laundry with monthly income of $50. Landlord pay $300 water bill per month.

Last Agent to Sell the Property

Tommy Delp

Kyle Realty, Inc. License #0225050405 Listed on: 03/24/2020

Last Buyer's Agent

Tommy Delp

Kyle Realty, Inc. License #0225050405 Listed on: 03/24/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $846

Year Built

  • Built in 1925

Lot Details

  • 0.3 Acre Lot
  • No Landscaping
  • Property is in good condition

Home Design

  • Newly Painted Property
  • Brick Exterior Construction
  • Block Foundation
  • Fire Rated Drywall
  • Shingle Roof

Interior Spaces

  • 2,762 Sq Ft Home
  • Wet Bar
  • Paneling
  • Insulated Windows
  • Tile Flooring
  • Crawl Space
  • Fire and Smoke Detector
  • Laundry on lower level

Kitchen

  • Oven or Range
  • Stove

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Bathrooms

Parking

  • Paved Parking
  • Open Parking

Schools

  • Galax Elementary And Middle School
  • Galax High School

Utilities

  • No Cooling
  • Central Air
  • Baseboard Heating
  • Separate Meters
  • Natural Gas Not Available
  • Electric Water Heater
  • Cable TV Available

Community Details

  • 4 Units

Listing and Financial Details

  • Total Actual Rent $2,550

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$846

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Sub Type: Apartment
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.3
  • Lot Size: 0.3 +/- acres
  • Road Surface Type: Paved
  • Directions: From US 58 and US 89 Main Street Galax, take US 58 West to a left on Layette to a right on W Stuart Drive, on the right.
  • Structure Type: One Building
  • Year Built: 1925
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Appliances: Range/Oven, Refrigerator, Electric Water Heater, 2 Bdrm-Stove, 2 Bdrm-Refrigerator
  • Has Basement: Crawl Space
  • Total Bedrooms: 8
  • Fireplace Features: None
  • Flooring: Tile
  • Interior Amenities: Paneling, Wet Bar, Newer Paint
  • Living Area: 2762
  • Window Features: Insulated Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: No Landscaping
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: Property Disclosure
  • Construction Type: Brick, Dry Wall
  • Foundation Details: Block
  • Property Condition: Exterior Condition: Good, Interior Condition: Good
  • Roof: Shingle

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Paved

Utilities

  • Laundry Features: Lower Level
  • Security: Smoke Detector(s)
  • Cooling: None, 2 Bdrm-Central A/C
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • Electric: Separate Meters
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Natural Gas Not Available
  • Water Source: Public

Schools

  • Elementary School: Galax
  • High School: Galax
  • Middle Or Junior School: Galax

Lot Info

  • Lot Size Sq Ft: 13068
  • Zoning: Res
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 4
  • Number Of Units Leased: 2
  • Total Actual Rent: 2550
  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 846
  • Tax Map Number: 54- 90
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 17, 2010
Current Estimated Value
$253,269
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
-- $53,700 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2021 04/30/21 Sold $209,000 -5.0% $76 / Sq Ft
03/16/2021 03/16/21 Pending -- -- --
03/24/2020 03/24/20 For Sale $219,900 -- $80 / Sq Ft
Source: Southwest Virginia 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 $1,598 $173,700 $18,000 $155,700
2024 $1,598 $173,700 $18,000 $155,700
2023 $1,219 $121,900 $12,000 $109,900
2022 $1,219 $121,900 $12,000 $109,900
2021 $1,121 $121,900 $12,000 $109,900
2020 $1,121 $121,900 $12,000 $109,900
2019 $846 $121,900 $12,000 $109,900
2017 $846 $105,800 $12,000 $93,800
2016 -- $110,400 $12,000 $98,400
2013 -- $107,400 $14,000 $93,400
2012 -- $110,400 $12,000 $98,400
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2021

    Tommy Delp

    Kyle Realty, Inc.

    (276) 733-9539

    41 in this area

    89 Total Sales

    Tommy Delp
    Section Image
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Map

Source: Southwest Virginia Association of REALTORS®

MLS Number: 73587

APN: 000013923002

Virginia Galax City County Galax 24333

508 W Stuart Dr, Galax, VA

Not Listed for Sale

MultiFamily

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