NOT LISTED FOR SALE

510 N Kent St Winchester, VA 22601

Estimated Value: $336,000 - $404,000

-- Bed
4 Baths
1,690 Sq Ft
$222/Sq Ft Est. Value

Last Sold December 01, 2020

Last sale price $299,000 $177 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $2,161/month

Highlights

  • Private Lot
  • Electric Baseboard Heater
  • Back Yard
  • No HOA
  • Playground

About This Home

As of December 2020

Multiple offers. Please submit your highest and best by 5 pm Monday, 10/26. Great investment opportunity! Multi family property with four 1 bedroom apartments, private parking lot for tenants, and huge rear yard. 3 of the 4 units are rented with one about to be rented with multiple applicants. All 4 units rent for $650/each, with one currently renting for a little less because the tenant takes care cleaning the common areas, etc. 4 separate electrical boxes, so each tenant pays for their own electricity. Owner pays for water/sewer because it's on one meter. Details can be provided to your real estate professional.

Last Agent to Sell the Property

Natalie Langford

(540) 303-2216 langfordhomesales@gmail.com ERA Oakcrest Realty, Inc. License #0225182829 Listed on: 10/23/2020

ERA Oakcrest Realty, Inc.

Last Buyer's Agent

Brendan Heatherman

(844) 400-0522 brendan@heathermanhomes.com Heatherman Homes, LLC. License #0225223780

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,432

Year Built

  • Built in 1921 | Remodeled in 2012

Lot Details

  • Private Lot
  • Level Lot
  • Back Yard

Home Design

  • 1,690 Sq Ft Home
  • Quadruplex
  • Vinyl Siding

Parking

  • 5 Open Parking Spaces
  • 8 Parking Spaces
  • 3 Off-Street Spaces
  • Parking Lot

Schools

  • Daniel Morgan Middle School
  • John Handley High School

Utilities

  • Window Unit Cooling System
  • Electric Baseboard Heater
  • Electric Water Heater

Additional Features

  • Electric Oven or Range
  • Playground

Community Details

  • No Home Owners Association
  • 1 Vacant Unit

Listing and Financial Details

  • Assessor Parcel Number 174-01-B- 4-

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,432

Year Built

Built in 1921 | Remodeled in 2012

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Expected On Market: 2020-10-23
  • Year Built: 1921
  • Year Renovated: 2012
  • Automatically Close On Close Date: No
  • Remarks Public: Multiple offers. Please submit your highest and best by 5 pm Monday, 10/26. Great investment opportunity! Multi family property with four 1 bedroom apartments, private parking lot for tenants, and huge rear yard. 3 of the 4 units are rented with one about to be rented with multiple applicants. All 4 units rent for $650/each, with one currently renting for a little less because the tenant takes care cleaning the common areas, etc. 4 separate electrical boxes, so each tenant pays for their own electricity. Owner pays for water/sewer because it's on one meter. Details can be provided to your real estate professional.
  • Special Features: None

Interior Features

  • Appliances: Oven/Range - Electric, Refrigerator
  • Fireplace: No
  • Basement: No
  • Total Sq Ft: 1690
  • Living Area Sq Ft: 1690
  • Price Per Sq Ft: 165.62
  • Above Grade Finished Sq Ft: 1690
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 510

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Exterior Features: Sidewalks, Play Area
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 8
  • Type Of Parking: Parking Lot, Off Street
  • Off Street Parking Spaces: 3
  • Parking Lot Number Of Spaces: 5

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: WINCHESTER CITY PUBLIC SCHOOLS
  • Middle School: DANIEL MORGAN
  • High School: JOHN HANDLEY
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121141714472
  • School District Source: Listing Agent
  • High School: JOHN HANDLEY
  • Middle Or Junior School: DANIEL MORGAN

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 119000.00
  • Land Assessed Value: 35000.00
  • Land Use Code: 013
  • Lot Features: Level, Private, Rear Yard
  • Lot Size Units: Square Feet
  • Year Assessed: 2020
  • Zoning: RB1
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 19880658
  • Tax Annual Amount: 1432.00
  • Assessor Parcel Number: 174-01-B- 4-
  • Tax Total Finished Sq Ft: 1690
  • Tax Year: 2020
  • Close Date: 12/01/2020

Multi Family

  • Number Of Units Vacant: 1

MLS Schools

  • School District Name: WINCHESTER CITY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 9, 2024
Sold by
Potter Shawn
Bought by
510 N Kent Street Llc
Current Estimated Value
$374,965

Purchase Details

Listed on
Oct 23, 2020
Closed on
Dec 1, 2020
Sold by
County Resident Llc
Bought by
Potter Shawn
Seller's Agent
Natalie Langford
ERA Oakcrest Realty, Inc.
Buyer's Agent
Brendan Heatherman
Heatherman Homes, LLC.
List Price
$279,900
Sold Price
$299,000
Premium/Discount to List
$19,100
6.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.72%
Original Mortgage
$224,250
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 14, 2012
Closed on
Feb 27, 2013
Sold by
Doyle Terry L
Bought by
County Resident Llc
Seller's Agent
Audrey Lowry
Mountains Edge Realty LLC
Buyer's Agent
VAIBHAV AGARWAL
Realty FC, LLC
List Price
$199,900
Sold Price
$175,000
Premium/Discount to List
-$24,900
-12.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.15%
Original Mortgage
$140,000
Interest Rate
3.54%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Apr 18, 2011
Closed on
Jun 12, 2012
Sold by
Curry Charles H and Finley Dorothy E
Bought by
Doyle Terry L
Seller's Agent
Rick Young
Long & Foster Real Estate, Inc.
Buyer's Agent
Audrey Lowry
Mountains Edge Realty LLC
List Price
$69,995
Sold Price
$42,000
Premium/Discount to List
-$27,995
-40%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
625.80%
Original Mortgage
$125,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage
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
510 N Kent Street Llc -- None Listed On Document
510 N Kent Street Llc -- None Listed On Document
Potter Shawn $299,000 Old Republic
County Resident Llc $175,000 Multiple
Doyle Terry L $42,000 Rels Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Potter Shawn $224,250
Previous Owner County Resident Llc $140,000
Previous Owner Doyle Terry L $125,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/01/2020 12/01/20 Sold $299,000 +6.8% $177 / Sq Ft
10/27/2020 10/27/20 Pending -- -- --
10/23/2020 10/23/20 For Sale $279,900 0.0% $166 / Sq Ft
05/18/2018 05/18/18 Rented $650 0.0% --
05/17/2018 05/17/18 Under Contract -- -- --
05/09/2018 05/09/18 For Rent $650 0.0% --
02/28/2013 02/28/13 Sold $175,000 -12.5% $104 / Sq Ft View Prior Sale
01/23/2013 01/23/13 Pending -- -- --
11/14/2012 11/14/12 For Sale $199,900 +376.0% $118 / Sq Ft
06/11/2012 06/11/12 Sold $42,000 -40.0% $25 / Sq Ft View Prior Sale
05/18/2012 05/18/12 Pending -- -- --
04/18/2012 04/18/12 For Sale $69,995 +66.7% $41 / Sq Ft
04/02/2012 04/02/12 Off Market $42,000 -- --
12/03/2011 12/03/11 For Sale $69,995 +66.7% $41 / Sq Ft
12/02/2011 12/02/11 Off Market $42,000 -- --
11/27/2011 11/27/11 For Sale $69,995 0.0% $41 / Sq Ft
11/01/2011 11/01/11 Pending -- -- --
10/14/2011 10/14/11 For Sale $69,995 +66.7% $41 / Sq Ft
10/02/2011 10/02/11 Off Market $42,000 -- --
08/03/2011 08/03/11 For Sale $69,995 +66.7% $41 / Sq Ft
08/02/2011 08/02/11 Off Market $42,000 -- --
07/13/2011 07/13/11 Price Changed $69,995 -8.4% $41 / Sq Ft
04/18/2011 04/18/11 For Sale $76,400 -- $45 / Sq Ft
Source: Bright 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
2025 $2,344 $294,900 $35,000 $259,900
2024 $2,130 $256,600 $35,000 $221,600
2023 $2,130 $256,600 $35,000 $221,600
2022 $1,752 $188,400 $35,000 $153,400
2021 $1,752 $188,400 $35,000 $153,400
2020 $1,432 $154,000 $35,000 $119,000
2019 $1,432 $154,000 $35,000 $119,000
2018 $1,354 $148,800 $29,800 $119,000
2017 $1,354 $148,800 $29,800 $119,000
2016 $1,163 $127,800 $29,800 $98,000
2015 $581 $127,800 $29,800 $98,000
2014 $1,083 $114,000 $29,800 $84,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: VAWI115286

Bright MLS

APN: 174-01-B-4