NOT LISTED FOR SALE

5248 Elk River Rd N Elkview, WV 25071

Estimated Value: $46,000 - $101,000

3 Beds
1 Bath
1,395 Sq Ft
$48/Sq Ft Est. Value

Last Sold May 08, 2024

Last sale price $42,000 $30 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $398/month

Highlights

  • River Access
  • Waterfront
  • Space Heater
  • River View
  • Cooling System Mounted In Outer Wall Opening
  • Carpet

About This Home

As of May 2024

Investment opportunity. This property consists of a 3BR, 1 Bath brick home that needs rehab. There is also a small studio-type rental unit that is currently occupied and will need some updates. There are 3 parcels included with this sale. The rear parcel is Elk River Riverfront Property. There is currently a single-wide manufactured home on the rear lot that belongs to the occupant. At the time of listing, there is no rent being charged for the mobile home lot.

Last Agent to Sell the Property

Scott Jones

Better Homes and Gardens Real Estate Central License #0007001 Listed on: 03/12/2024

Better Homes and Gardens Real Estate Central

Last Buyer's Agent

Scott Jones

Better Homes and Gardens Real Estate Central License #0007001 Listed on: 03/12/2024

Better Homes and Gardens Real Estate Central

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1967

Lot Details

  • Lot Dimensions are 50x50x123x114
  • Waterfront

Parking

  • Varies By Unit

Home Design

  • Brick Exterior Construction
  • Frame Construction
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,395 Sq Ft Home
  • 1-Story Property
  • Insulated Windows
  • River Views

Flooring

  • Carpet
  • Vinyl

Outdoor Features

  • River Access

Schools

  • Elk Center Elementary School
  • Elkview Middle School
  • Herbert Hoover High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Space Heater
  • Septic Tank

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for air conditioning, electricity, gas, heat, sewer, trash collection, water
  • The owner pays for common area maintenance, insurance, management, taxes
  • Assessor Parcel Number 15-019B-0016-0001-0000

Property Details

Home Type

Multi-Family

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size: 50x50x123x114
  • Directions: I-79 North to the Elkview Exit (Exit #9). turn right at the end of the ramp onto Frame Rd and go to the stop sign and turn left onto Elk River Rd (aka Rt 119). The house and property will be on the right in approx. 2.5 miles.
  • Architectural Style: One Story
  • Building Stories: 1
  • Year Built: 1967
  • Special Features: None
  • Stories: 1

Interior Features

  • Owner Pays: Common Area Maintenance, Insurance, Management, Taxes
  • Has Basement: None
  • Basement YN: No
  • Fireplace: No
  • Flooring: Carpet, Vinyl
  • Living Area: 1395.0
  • Window Features: Insulated Windows, Non-Insulated

Exterior Features

  • View: River
  • View: Yes
  • Waterfront Features: River Access
  • Waterfront: Yes
  • Construction Type: Brick, Frame
  • Roof: Composition, Shingle

Garage/Parking

  • Parking Features: Varies by Unit

Utilities

  • Cooling: Wall Unit(s)
  • Cooling Y N: Yes
  • Heating: Individual, Space Heater
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Public

Schools

  • Elementary School: Elk Center
  • High School: Herbert Hoover
  • Middle Or Junior School: Elkview

Lot Info

  • Parcel #: 15-019B-0016-0001-0000
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Month To Month
  • Tenant Pays: Air Conditioning, Electricity, Gas, Heat, Sewer, Trash Collection, Water

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1526.0

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2024 05/08/24 Sold $42,000 -6.7% $30 / Sq Ft
03/14/2024 03/14/24 Pending -- -- --
03/13/2024 03/13/24 For Sale $45,000 -- $32 / Sq Ft
Source: Kanawha Valley Board 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 $349 $13,860 $8,160 $5,700
2023 $904 $35,880 $8,160 $27,720
2022 $904 $35,880 $8,160 $27,720
2021 $921 $36,540 $8,160 $28,380
2020 $921 $36,540 $8,160 $28,380
2019 $496 $37,080 $8,160 $28,920
2018 $831 $37,080 $8,160 $28,920
2017 $772 $34,380 $8,160 $26,220
2016 $777 $34,560 $8,160 $26,400
2015 $787 $35,040 $8,160 $26,880
2014 $766 $34,680 $8,160 $26,520
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Kanawha Valley Board of REALTORS®

MLS Number: 271166

Kanawha Valley Board of REALTORS®

APN: 20-15- 19B-0016.0001