NOT LISTED FOR SALE

Estimated Value: $217,000 - $295,000

3 Beds
3 Baths
2,980 Sq Ft
$83/Sq Ft Est. Value

Last Sold May 26, 2023

Last sale price $185,000 $62 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $1,501/month

11 Days on Market

Highlights

  • 0.34 Acre Lot
  • 1 Car Detached Garage
  • Partially Fenced Property
  • Deck
  • Front Porch
  • 3-minute walk to Patton Park

About This Home

As of May 2023

This property consist of an unfininshed space (2 Levels), 1 Studio apartment (occupied) and 2 - 1 Bedrooms apartments (both occupied). This is a great opportunity for an owner/occupant or investment property. The vacant space is a blank canvas with many possibilities so bring your imagination. This property sits on a large corner at Grove Ave & Squaw Alley. Also included in sale is 517 Grove Ave (Vacant Lot PID #010060006, Please include lanuage in Purchase Agreement).

Last Agent to Sell the Property

Neil Hodge

Boyd Realty Group License #0225224866 Listed on: 04/14/2023

Last Buyer's Agent

Westley Bennett

Napier Realtors, ERA License #0225035233

Napier Realtors, ERA

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,248

Year Built

  • Built in 1890

Lot Details

  • 0.34 Acre Lot
  • Partially Fenced Property

Parking

  • 1 Car Detached Garage
  • On-Street Parking

Home Design

  • Slab Foundation
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 2,980 Sq Ft Home
  • 2-Story Property

Outdoor Features

  • Deck
  • Front Porch

Schools

  • Walnut Hill Elementary School
  • Vernon Johns Middle School
  • Petersburg High School

Utilities

  • Water Heater

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 010-060007

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,248

Year Built

Built in 1890

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1890
  • Lot Size Acres: 0.3443
  • Ownership: Estate
  • Subdivision Name: None
  • Architectural Style: Two Story, Low Rise
  • Garage Yn: Yes
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: Actual
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Electric Water Heater
  • Basement YN: No
  • Living Area: 2980.0
  • Stories: 2

Exterior Features

  • Roof: Metal
  • Fencing: None, Partial
  • Waterfront: No
  • Construction Type: Drywall, Wood Siding
  • Foundation Details: Slab
  • Patio And Porch Features: Deck, Front Porch

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Detached, Garage, On Street

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • Middle Or Junior School: Vernon Johns

Lot Info

  • Parcel Number: 010-060007
  • Zoning Description: MXD2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2248.0

Multi Family

  • Number Of Units Total: 4

MLS Schools

  • Elementary School: Walnut Hill
  • High School: Petersburg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2023
Closed on
May 19, 2023
Sold by
Dubois Joann H
Bought by
519-521 Grove Ave Llc
Seller's Agent
Neil Hodge
Boyd Realty Group
Buyer's Agent
Westley Bennett
Napier Realtors, ERA
List Price
$225,000
Sold Price
$185,000
Premium/Discount to List
-$40,000
-17.78%
Views
89
Current Estimated Value
$246,870

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,870
Avg. Annual Appreciation
13.06%

Purchase Details

Closed on
Jun 24, 1993
Bought by
Bernstein Joann H
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
519-521 Grove Ave Llc $185,000 --
Bernstein Joann H $43,130 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/26/2023 05/26/23 Sold $185,000 -17.8% $62 / Sq Ft
04/25/2023 04/25/23 Pending -- -- --
04/14/2023 04/14/23 For Sale $225,000 -- $76 / 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
2025 $2,248 $236,100 $30,500 $205,600
2024 $2,248 $236,100 $30,500 $205,600
2023 $2,248 $177,000 $30,500 $146,500
2022 $2,248 $177,000 $30,500 $146,500
2021 $1,607 $119,000 $30,500 $88,500
2020 $1,607 $119,000 $30,500 $88,500
2019 $1,607 $119,000 $30,500 $88,500
2018 $1,607 $119,000 $30,500 $88,500
2017 $1,607 $119,000 $30,500 $88,500
2016 $1,607 $119,000 $0 $0
2014 $1,607 $0 $0 $0
2013 $1,607 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2303946

Central Virginia Regional MLS

APN: 010-06-0007