NOT LISTED FOR SALE

524 Brussels Ave Clifton Forge, VA 24422

Estimated Value: $88,000 - $116,000

3 Beds
2 Baths
1,750 Sq Ft
$60/Sq Ft Est. Value

Last Sold December 01, 2021

Last sale price $73,000 $42 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $583/month

2 Days on Market

About This Home

As of December 2021

INCREDIBLE INVESTMENT OPPORTUNITY!GREAT- INCOME- PRODUCER! This very nice Duplex in the friendly town of Clifton Forge is clean, painted & ready to go! The upper apartment offers a living room, a kitchen w/ frig, range & pantry, a dining room, 2 bedrooms, 1 bath, front & side porch, electric baseboard heat & 200 amp elec. The lower apartment features a living room, eat-in kitchen w/ frig, range, washer & dryer hookup, 2 bedrooms, 1 full bath, electric baseboard heat & 100 amp box. This property offers replacement windows, 2 ac units & new entry doors. A very attractive rental property and a PROVEN MONEY MAKER! Live in one unit & rent the other unit to pay your mortgage! You don't want to miss out on this one!

Last Agent to Sell the Property

Lisa Brown

HIGHLANDS REALTY & ASSOCIATES LLC License #0225100262 Listed on: 09/25/2021

Last Buyer's Agent

Grant Cockrell

RE/MAX ALL STARS License #0225175737

RE/MAX ALL STARS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $362

Year Built

  • Built in 1922

Lot Details

  • Lot Dimensions are 40' x 125'

Home Design

  • 1,750 Sq Ft Home
  • Duplex

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 2 Parking Spaces
  • On-Street Parking

Utilities

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

Listing and Financial Details

  • Tenant pays for electricity, water
  • Legal Lot and Block 15 / 5

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Insurance Expense $491
  • New Taxes Expense $362
  • Operating Expense $853

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$362

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Heating System: Baseboard Electric
  • Type: Multi-Family
  • Has Basement: Walkout - Full
  • Cooling System: Window A/C
  • CondoAssocYN: No
  • ExpensesTaxExp: 362.00
  • Major Area: 27 - Alleghany County
  • NumberUnfurnished: 2.00
  • NumberVehicleSpaces: 2.00
  • Hoa2 Or Poa: No
  • RatifiedContractDt: 2021-09-27
  • TotalAnnualExpen: 853.00
  • Water Class: N/A
  • Water Heater Energy: Electric
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement YN: Yes

Garage/Parking

  • Parking Description: Street

Utilities

  • Sewer Description: Public Sewer
  • Water Description: Public Water
  • Water Heater Type: Tank

Schools

  • Elementary School: Other - See Remarks
  • Middle School: Other - See Remarks
  • High School: Other - See Remarks

Lot Info

  • Lot Dimensions: 40' x 125'
  • Property Group Id: 19990816212116581394000000
  • Lot: 15
  • Present Use: Converted
  • ZoningCode: CFR2

Building Info

  • Year Built: 1922

Tax Info

  • Taxes (6 mo): 362.00
  • FILLTAXID: 12300-01-105-1050

Multi Family

  • Tenant Pays: Electricity, Water
  • Units In Building: 2.00
  • Multi Family Type: Duplex

MLS Schools

  • Elementary School: Other - See Remarks
  • HighSchool: Other - See Remarks
  • Middle School: Other - See Remarks

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2021
Closed on
Dec 1, 2021
Sold by
Lyons Joseph F
Bought by
Arbogast Mark and Arbogast Anna
Seller's Agent
Lisa Brown
HIGHLANDS REALTY & ASSOCIATES LLC
Buyer's Agent
Grant Cockrell
RE/MAX ALL STARS
List Price
$69,995
Sold Price
$73,000
Premium/Discount to List
$3,005
4.29%
Current Estimated Value
$102,288

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,288
Avg. Annual Appreciation
6.56%

Purchase Details

Closed on
Aug 7, 2009
Sold by
Sloane Toni M
Bought by
Lyons Joseph F and Lyons Donna M
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
Arbogast Mark $73,000 --
Lyons Joseph F $11,200 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2021 12/01/21 Sold $73,000 +4.3% $42 / Sq Ft
09/27/2021 09/27/21 Pending -- -- --
09/25/2021 09/25/21 For Sale $69,995 -- $40 / Sq Ft
Source: Roanoke Valley Association of REALTORS®

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 $281 $38,500 $3,000 $35,500
2023 $281 $38,500 $3,000 $35,500
2022 $281 $38,500 $3,000 $35,500
2021 $281 $38,500 $3,000 $35,500
2020 $281 $38,500 $3,000 $35,500
2019 $281 $38,500 $3,000 $35,500
2018 $285 $40,100 $3,000 $37,100
2017 $285 $40,100 $3,000 $37,100
2016 $285 $40,100 $3,000 $37,100
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2012 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lisa Brown

    Seller's Agent in 2021

    Lisa Brown

    HIGHLANDS REALTY & ASSOCIATES LLC

    (540) 862-4414

    159 in this area

    283 Total Sales

    Section Image
  • Grant Cockrell

    Buyer's Agent in 2021

    Grant Cockrell

    RE/MAX

    (540) 580-8232

    11 in this area

    195 Total Sales

    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 884064

Roanoke Valley Association of REALTORS®

APN: 12300-01-105-0150

Virginia Alleghany County Clifton Forge 24422

524 Brussels Ave, Clifton Forge, VA

This home is located at 524 Brussels Ave, Clifton Forge, VA 24422 since 25 September 2021 and is currently estimated at $104,422, approximately $59 per square foot. This property was built in 1922. 524 Brussels Ave is a home located in Alleghany County with nearby schools including Mountain View Elementary School, Clifton Middle School, and Alleghany High School.

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.

Roanoke Valley Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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