NOT LISTED FOR SALE

Estimated Value: $494,000 - $629,847

-- Bed
3 Baths
-- Sq Ft
2.5 Acres

Last Sold May 03, 2019

Last sale price $409,900

Est. 35% increase in value since last sale

Current estimated payment $3,353/month

Highlights

  • 2.5 Acre Lot
  • No HOA
  • Electric Baseboard Heater

About This Home

As of May 2019

Attention investors 2.5 acres of prime real estate w/ 3-incoming producing units! Three 2Bed1Bath Bungalows already fully rented. Homes have been updated w/ vinyl siding, flooring, windows & doors. Kitchens renovated w/ new cabinets & countertops. All three units hooked up to public water and brand new septic field installed! All this in close-in location just min. to I-95 & shopping.

Last Agent to Sell the Property

Wade Caple

(540) 424-2141 wade.caple@longandfoster.com Long & Foster Real Estate, Inc. License #0225070987 Listed on: 02/01/2019

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Frances Heatherman

(540) 628-2226 frances@heathermanhomes.com Heatherman Homes, LLC.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,296

Lot Details

  • 2.5

Parking

  • Off-Street Parking

Home Design

  • Vinyl Siding

Kitchen

  • Electric Oven or Range
  • Microwave

Schools

  • Ferry Farm Elementary School
  • Edward E. Drew Middle School
  • Stafford High School

Utilities

  • Window Unit Cooling System
  • Electric Baseboard Heater
  • Electric Water Heater
  • Sewer Not Available

Additional Features

  • Crawl Space
  • 2.5 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 53-B-2- -17

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Sunnyside Subdivision

Building Details

  • Operating Expense $6,235
  • Net Operating Income $27,665

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,296

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Detached
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Remarks Public: Attention investors 2.5 acres of prime real estate w/ 3-incoming producing units! Three 2Bed1Bath Bungalows already fully rented. Homes have been updated w/ vinyl siding, flooring, windows & doors. Kitchens renovated w/ new cabinets & countertops. All three units hooked up to public water and brand new septic field installed! All this in close-in location just min. to I-95 & shopping.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Microwave, Oven/Range - Electric, Refrigerator
  • Fireplace: No
  • Foundation Details: Crawl Space
  • Basement: No
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 512

Exterior Features

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

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

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: No Sewer System
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • School District: STAFFORD COUNTY PUBLIC SCHOOLS
  • Elementary School: FERRY FARM
  • Middle School: EDWARD E. DREW
  • High School: STAFFORD
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 121139497596
  • School District Source: 3rd Party
  • Elementary School: FERRY FARM
  • High School: STAFFORD
  • Middle Or Junior School: EDWARD E. DREW

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 138000.00
  • Land Assessed Value: 195000.00
  • Lot Size Acres: 2.50
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 108734.00
  • Year Assessed: 2017
  • Zoning: R1
  • In City Limits: No

Rental Info

  • Existing Lease Type: Yearly
  • Lease Term: 12 Months
  • Total Actual Rent: 33900.00
  • Vacation Rental: No

Multi Family

  • Operating Expense: 6235.00

Tax Info

  • Assessor Parcel Number: 16898567
  • Tax Annual Amount: 3296.00
  • Assessor Parcel Number: 53-B-2- -17
  • Tax Year: 2017
  • Close Date: 05/03/2019

MLS Schools

  • School District Name: STAFFORD COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 30, 2020
Sold by
Bradley Evan and Bradley Lauren
Bought by
Rootd And Wings Investments
Current Estimated Value
$554,962

Purchase Details

Listed on
Feb 1, 2019
Closed on
May 3, 2019
Sold by
Cdt Investment Properties Llc
Bought by
Bradley Evan and Bradley Lauren
Seller's Agent
Wade Caple
Long & Foster Real Estate, Inc.
Buyer's Agent
Frances Heatherman
Heatherman Homes, LLC.
List Price
$409,900
Sold Price
$409,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.79%
Original Mortgage
$286,930
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 11, 2013
Closed on
Aug 26, 2013
Sold by
Pdj Holding Llc
Bought by
Cdt Investment Properties Llc
Seller's Agent
Paul Janney
FXBG Real Estate, LLC
Buyer's Agent
Claire Forcier-Rowe
Berkshire Hathaway HomeServices PenFed Realty
List Price
$399,900
Sold Price
$340,000
Premium/Discount to List
-$59,900
-14.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.34%
Original Mortgage
$255,000
Interest Rate
4.51%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 6, 2011
Sold by
Recontrust Company Na and Angstadt Kristopher K
Bought by
Pdj Holdings Llc

Purchase Details

Closed on
Jun 8, 2004
Sold by
Good Times Limited
Bought by
Howell William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,000
Interest Rate
5.99%
Mortgage Type
New Conventional
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
Rootd And Wings Investments -- None Listed On Document
Bradley Evan $409,900 Kensington Vanguard Nls Llc
Cdt Investment Properties Llc $340,000 --
Pdj Holdings Llc $200,000 --
Howell William $165,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bradley Evan $286,930
Previous Owner Cdt Investment Properties Llc $255,000
Previous Owner Howell William $139,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/03/2019 05/03/19 Sold $409,900 0.0% --
02/21/2019 02/21/19 Pending -- -- --
02/01/2019 02/01/19 For Sale $409,900 +20.6% --
08/26/2013 08/26/13 Sold $340,000 -15.0% $472 / Sq Ft View Prior Sale
07/10/2013 07/10/13 Pending -- -- --
02/11/2013 02/11/13 For Sale $399,900 -- $555 / 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 $5,039 $555,700 $285,000 $270,700
2024 $5,039 $555,700 $285,000 $270,700
2023 $4,689 $496,200 $270,000 $226,200
2022 $4,218 $496,200 $270,000 $226,200
2021 $3,557 $366,700 $195,000 $171,700
2020 $3,557 $366,700 $195,000 $171,700
2019 $3,363 $333,000 $195,000 $138,000
2018 $3,297 $333,000 $195,000 $138,000
2017 $3,297 $333,000 $195,000 $138,000
2016 $3,297 $333,000 $195,000 $138,000
2015 -- $304,000 $195,000 $109,000
2014 -- $304,000 $195,000 $109,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: VAST179850

Bright MLS

APN: 53B-2-17