NOT LISTED FOR SALE

517 N Cameron St Winchester, VA 22601

Estimated Value: $249,000 - $459,000

-- Bed
2 Baths
1,799 Sq Ft
$193/Sq Ft Est. Value

Last Sold January 14, 2016

Last sale price $259,000 $144 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $2,018/month

63 Days on Market

About This Home

As of January 2016

Great opportunity to own a multi unit apartment building within walking distance to Old Town. 5 townhouse style attached units with living, dining and kitchen on first floor and two bedrooms and full bath on second floor. Parking and ability to make private outdoor spaces for each unit. Currently leased at $700/ mo per unit.

Last Agent to Sell the Property

Stan Corneal

MarketPlace REALTY Listed on: 09/20/2015

Last Buyer's Agent

Michel Convin

United Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,484

Year Built

  • Built in 1930

Lot Details

  • 7,971

Home Design

  • Slab Foundation
  • Asphalt Roof
  • Aluminum Siding

Utilities

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

Additional Features

  • Insulated Windows
  • 7,971 Sq Ft Lot

Listing and Financial Details

  • The owner pays for insurance, real estate taxes, all utilities
  • Assessor Parcel Number 5280

Community Details

Overview

  • No Home Owners Association
  • 5 Units

Building Details

  • Operating Expense $4,620

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,484

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1930
  • Remarks Public: Great opportunity to own a multi unit apartment building within walking distance to Old Town. 5 townhouse style attached units with living, dining and kitchen on first floor and two bedrooms and full bath on second floor. Parking and ability to make private outdoor spaces for each unit. Currently leased at $700/ mo per unit.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Window Features: Insulated
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Slab
  • Basement: No
  • Price Per Sq Ft: 68.51
  • Street Number Modifier: 517

Exterior Features

  • Construction Materials: Aluminum Siding
  • Construction Completed: No
  • Roof: Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

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

Condo/Co-op/Association

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

Lot Info

  • Improvement Assessed Value: 198000.00
  • Land Assessed Value: 75000.00
  • Lot Size Acres: 0.18
  • Lot Size Area: 7971
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7971.00
  • Year Assessed: 2015
  • Zoning: HR1
  • In City Limits: Yes

Rental Info

  • Lease Term: 12 Months
  • Owner Pays: Insurance, Taxes - Real Estate, All Utilities
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 19883282
  • Tax Annual Amount: 2484.30
  • Assessor Parcel Number: 5280
  • Tax Total Finished Sq Ft: 4160
  • Tax Year: 2015
  • Close Date: 01/14/2016

Multi Family

  • Gross Income: 42000.00
  • Metering: Fully Separate
  • Operating Expense: 4620.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 7, 2018
Sold by
Mojallal Peyam
Bought by
Mojallal Peyam and Farajnia Solmaz
Current Estimated Value
$347,392

Purchase Details

Listed on
Jul 15, 2013
Closed on
Oct 15, 2013
Sold by
Marshall Terry E and Acome Terry E
Bought by
Mojallal Peyam
Seller's Agent
Laura White
ERA Oakcrest Realty, Inc.
Buyer's Agent
Ben Mojallal
Metropol Realty
List Price
$110,000
Sold Price
$85,000
Premium/Discount to List
-$25,000
-22.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.25%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Mojallal Peyam -- None Available
Mojallal Peyam $85,000 Key Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Acome Terry E $25,000
Previous Owner Acome Terry E $158,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/14/2016 01/14/16 Sold $259,000 -13.7% $144 / Sq Ft
11/22/2015 11/22/15 Pending -- -- --
09/20/2015 09/20/15 For Sale $300,000 +252.9% $167 / Sq Ft
10/15/2013 10/15/13 Sold $85,000 -5.5% $47 / Sq Ft
09/24/2013 09/24/13 Pending -- -- --
08/12/2013 08/12/13 Price Changed $89,900 -10.0% $50 / Sq Ft
08/03/2013 08/03/13 Price Changed $99,900 -9.2% $56 / Sq Ft
07/18/2013 07/18/13 For Sale $110,000 +29.4% $61 / Sq Ft
07/15/2013 07/15/13 Off Market $85,000 -- --
07/15/2013 07/15/13 For Sale $110,000 -- $61 / 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 -- $227,400 $36,000 $191,400
2024 $1,667 $200,900 $36,000 $164,900
2023 $1,667 $200,900 $36,000 $164,900
2022 $1,385 $148,900 $36,000 $112,900
2021 $1,385 $148,900 $36,000 $112,900
2020 $1,146 $123,200 $36,000 $87,200
2019 $1,146 $123,200 $36,000 $87,200
2018 $1,121 $123,200 $36,000 $87,200
2017 $1,121 $123,200 $36,000 $87,200
2016 $935 $102,700 $36,000 $66,700
2015 $935 $102,700 $36,000 $66,700
2014 $911 $95,900 $36,000 $59,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002720012

Bright MLS

APN: 153-01-E-27