NOT LISTED FOR SALE

509 Belt Rd Lawrenceville, VA 23868

Estimated Value: $78,000 - $102,000

-- Bed
-- Bath
2,856 Sq Ft
$32/Sq Ft Est. Value

Last Sold November 10, 2022

Last sale price $65,000 $23 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $504/month

155 Days on Market

Highlights

  • Corner Lot
  • Front Porch
  • Wood Siding

About This Home

As of November 2022

Investment property! Large 2,856 sq ft duplex on a corner lot. Close to all of the amenities Lawrenceville has to offer. Each apartment has 2/3 bedrooms, 1 bathroom and kitchen. Heat pump for upstairs, heat pump with propane backup for downstairs. New water heater installed upstairs on 6/6/22. Both apartments have tenants in place and all rent is current. Current rental income is $1,225 per month (includes town water). This property pays for itself! Seller is offering this property “As-Is”. Bring offers! Owner/Agent

Last Agent to Sell the Property

Christopher Baird

Lake Gaston Realty Inc License #0225240093 Listed on: 03/28/2022

Lake Gaston Realty Inc

Last Buyer's Agent

Jess Benedict

The Hogan Group Real Estate License #0225255277

The Hogan Group Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $203

Year Built

  • Built in 1930

Lot Details

  • 7,532 Sq Ft Lot
  • Corner Lot

Home Design

  • Duplex
  • Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 2,856 Sq Ft Home
  • 2-Story Property

Parking

  • No Garage
  • On-Street Parking
  • Off-Street Parking

Schools

  • Totaro Elementary School
  • James S. Russell Middle School
  • Brunswick High School

Additional Features

  • Front Porch
  • Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Lot 10
  • Assessor Parcel Number 52-A9-1-57-10-3

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$203

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Year Built: 1930
  • Lot Size Acres: 0.1729
  • Ownership: Corporate
  • Subdivision Name: None
  • Architectural Style: Two Story
  • Garage Yn: No
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: Actual
  • Property Sub Type Additional: Duplex
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Electric Water Heater
  • Basement YN: No
  • Living Area: 2856.0
  • Stories: 2

Exterior Features

  • Roof: Shingle
  • Lot Features: Corner Lot
  • Waterfront: No
  • Disclosures: Familial Relation, Owner Is Listing Agent
  • Construction Type: Frame, Wood Siding
  • Patio And Porch Features: Front Porch, Side Porch

Garage/Parking

  • Parking Features: No Garage, Off Street, On Street

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • Middle Or Junior School: James S. Russell

Lot Info

  • Parcel Number: 52-A9-1-57-10-3
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 203.0
  • Tax Lot: 10

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Totaro
  • High School: Brunswick

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2022
Closed on
Nov 10, 2022
Sold by
C S Baird Development Inc
Bought by
Henderson Eric and Vines Melodie
Seller's Agent
Christopher Baird
Lake Gaston Realty Inc
Buyer's Agent
Jess Benedict
The Hogan Group Real Estate
List Price
$89,900
Sold Price
$65,000
Premium/Discount to List
-$24,900
-27.7%
Views
39
Current Estimated Value
$86,608

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,608
Avg. Annual Appreciation
10.85%

Purchase Details

Closed on
Oct 30, 2018
Sold by
Redman Michael B
Bought by
C S Baird Development Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,500
Interest Rate
4.6%
Mortgage Type
Commercial
Source: Public Records

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
Henderson Eric $65,000 --
C S Baird Development Inc $50,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner C S Baird Development Inc $42,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/10/2022 11/10/22 Sold $65,000 -18.6% $23 / Sq Ft
08/30/2022 08/30/22 Pending -- -- --
07/10/2022 07/10/22 Price Changed $79,900 -11.1% $28 / Sq Ft
06/08/2022 06/08/22 For Sale $89,900 0.0% $31 / Sq Ft
04/08/2022 04/08/22 Pending -- -- --
03/28/2022 03/28/22 For Sale $89,900 -- $31 / Sq Ft
Source: Central Virginia Regional MLS

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 $313 $62,600 $4,500 $58,100
2023 $203 $31,200 $4,500 $26,700
2022 $203 $31,200 $4,500 $26,700
2021 $203 $31,200 $4,500 $26,700
2020 $165 $31,200 $4,500 $26,700
2019 $165 $31,200 $4,500 $26,700
2018 $165 $31,200 $4,500 $26,700
2017 $293 $56,300 $4,500 $51,800
2016 $265 $56,300 $4,500 $51,800
2015 -- $56,300 $4,500 $51,800
2014 -- $56,300 $4,500 $51,800
2011 -- $68,300 $5,800 $62,500
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2022

    Christopher Baird

    Lake Gaston Realty Inc

    Section Image
  • Jess Benedict

    Buyer's Agent in 2022

    Jess Benedict

    The Hogan Group Real Estate

    (804) 244-1651

    25 Total Sales

    Section Image
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Map

Source: Central Virginia Regional MLS

MLS Number: 2207796

Central Virginia Regional MLS

APN: 52-A9-1-57-10

Virginia Brunswick County Lawrenceville 23868

509 Belt Rd, Lawrenceville, VA

This home is located at 509 Belt Rd, Lawrenceville, VA 23868 since 28 March 2022 and is currently estimated at $91,497, approximately $32 per square foot. This property was built in 1930. 509 Belt Rd is a home located in Brunswick County with nearby schools including Brunswick High School and Brunswick Academy.

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.

Central Virginia Regional MLS All or a portion of th multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listing s. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are ©2025 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.

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