NOT LISTED FOR SALE

Estimated Value: $348,000 - $390,235

3 Beds
3 Baths
2,205 Sq Ft
$169/Sq Ft Est. Value

Last Sold September 08, 2023

Last sale price $348,000 $158 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,320/month

29 Days on Market

Highlights

  • 0.69 Acre Lot
  • Thermal Windows
  • 1-Story Property

About This Home

As of September 2023

Outstanding opportunity to own a turn key, updated, upgraded, 3 plex rental in Midtown Newport News VA! Each unit is currently rented ($3400 a month total)! Each rental pays electric bills. Seller has it setup to charge each rental w/s bill. This is the perfect set-up for investor or owner/manager! Shows great!

Last Agent to Sell the Property

Kyle Hause

Long & Foster Real Estate-James River License #0225143450 Listed on: 06/26/2023

Long & Foster Real Estate-James River

Last Buyer's Agent

Non-Member Non-Member

Non MLS Member

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,250

Year Built

  • Built in 1940

Lot Details

  • 0.69 Acre Lot
  • Back Yard Fenced

Home Design

  • Triplex
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 2,205 Sq Ft Home
  • 1-Story Property
  • Thermal Windows
  • Insulated Doors
  • Crawl Space
  • Washer and Dryer Hookup

Parking

  • Off-Street Parking
  • Assigned Parking

Schools

  • Carver Elementary School
  • Crittenden Middle School
  • Heritage High School

Utilities

  • Water Heater

Community Details

  • 3 Units

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 266.00-10-05

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,250

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Triplex
  • Year Built: 1940
  • Lot Size Acres: 0.69
  • Ownership: Individuals
  • Subdivision Name: None
  • Architectural Style: Ranch
  • Garage Yn: No
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Actual
  • Property Sub Type Additional: Triplex
  • Special Features: None
  • Stories: 1

Interior Features

  • Basement: Crawl Space
  • Appliances: Electric Water Heater
  • Basement YN: No
  • Door Features: Insulated Doors
  • Interior Amenities: Bedroom on Main Level
  • Living Area: 2205.0
  • Stories: 1
  • Window Features: Thermal Windows

Exterior Features

  • Roof: Asphalt
  • Fencing: Back Yard, Chain Link, Fenced
  • Waterfront: No
  • Disclosures: Seller Disclosure
  • Construction Type: Drywall, Frame, Vinyl Siding

Garage/Parking

  • Parking Features: Assigned, Off Street

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Laundry Features: Washer Hookup, Dryer Hookup

Schools

  • Middle Or Junior School: Crittenden

Lot Info

  • Parcel Number: 266.00-10-05
  • Zoning Description: R7
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 2250.0
  • Tax Lot: 5

Multi Family

  • Number Of Units Total: 3

MLS Schools

  • Elementary School: Carver
  • High School: Heritage

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2023
Closed on
Sep 1, 2023
Sold by
Mickle Jayson E
Bought by
Barb Collin and Conkwright Zachary
Seller's Agent
Kyle Hause
Long & Foster Real Estate-James River
Buyer's Agent
Non-Member Non-Member
Non MLS Member
List Price
$395,000
Sold Price
$348,000
Premium/Discount to List
-$47,000
-11.9%
Views
166
Current Estimated Value
$372,809

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,809
Avg. Annual Appreciation
3.53%
Original Mortgage
$355,482
Outstanding Balance
$349,534
Interest Rate
6.9%
Mortgage Type
VA
Estimated Equity
$23,837

Purchase Details

Closed on
Nov 3, 2013
Sold by
Citi Property Holdings Inc
Bought by
Mickle Jayson E

Purchase Details

Closed on
Apr 1, 2013
Sold by
Residential Funding Company Ll
Bought by
Citi Property Holdings Inc

Purchase Details

Closed on
Nov 1, 2010
Sold by
Ets Of Virginia Inc Sub Tr and Schlesselman Joshua
Bought by
Residential Funding Co Llc

Purchase Details

Closed on
Aug 3, 2006
Sold by
Alan Partners L L C
Bought by
Schlesselman Josh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,000
Interest Rate
8%
Mortgage Type
New Conventional
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
Barb Collin $348,000 Gem Title
Mickle Jayson E $45,000 --
Citi Property Holdings Inc -- --
Residential Funding Co Llc $139,623 --
Schlesselman Josh $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barb Collin $355,482
Previous Owner Schlesselman Joshua $60,000
Previous Owner Schlesselman Josh $117,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2023 09/08/23 Sold $348,000 -11.9% $158 / Sq Ft
07/26/2023 07/26/23 Pending -- -- --
07/19/2023 07/19/23 For Sale $395,000 0.0% $179 / Sq Ft
06/30/2023 06/30/23 Pending -- -- --
06/26/2023 06/26/23 For Sale $395,000 -- $179 / Sq Ft
Source: Chesapeake Bay & Rivers 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 $4,011 $339,900 $51,600 $288,300
2023 $2,469 $193,500 $51,600 $141,900
2022 $2,250 $172,100 $51,600 $120,500
2021 $1,790 $146,700 $43,000 $103,700
2020 $1,880 $138,900 $43,000 $95,900
2019 $1,768 $130,200 $43,000 $87,200
2018 $1,713 $126,000 $43,000 $83,000
2017 $1,713 $126,000 $43,000 $83,000
2016 $1,707 $126,000 $43,000 $83,000
2015 $1,700 $126,000 $43,000 $83,000
2014 $1,544 $126,000 $43,000 $83,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Chesapeake Bay & Rivers Association of REALTORS®

MLS Number: 2315527

Chesapeake Bay & Rivers Association of REALTORS®

APN: 266.00-10-05