NOT LISTED FOR SALE

541 N Winchester Ave Waynesboro, VA 22980

Estimated Value: $243,000 - $274,000

-- Bed
3 Baths
2,482 Sq Ft
$103/Sq Ft Est. Value

Last Sold January 19, 2024

Last sale price $190,000 $77 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $1,549/month

358 Days on Market

About This Home

As of January 2024

AGGRESSIVE, NEW PRICE - Excellent Investment Opportunity! Classic brick home C: 1892 converted to present use as a tri-plex. Windows replaced. Situated on two City lots (19 & 20) - fronting on N. Winchester and backing to an alley - plenty of parking (9 spaces)! Storage Shed. Professionally managed and good rental history. Leases total $1,745/month, and available for review after an Offer is accepted. Plenty of upside with some renovation!

Last Agent to Sell the Property

Tommy Brannock

LORING WOODRIFF REAL ESTATE ASSOCIATES License #0225003353 Listed on: 11/14/2022

Last Buyer's Agent

Trina Cook

1ST CHOICE REAL ESTATE License #225104433

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,346

Year Built

  • Built in 1892

Lot Details

  • 0.28

Home Design

  • Triplex
  • Brick Exterior Construction

Schools

  • Wenonah Elementary School
  • Kate Collins Middle School
  • Waynesboro High School

Utilities

  • Window Unit Cooling System
  • Heating System Uses Natural Gas

Additional Features

  • Electric Range
  • Washer and Dryer Hookup
  • Front Porch
  • 0.28 Acre Lot

Community Details

  • 3 Units
  • Bcmm & Lc Subdivision

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for sewer, trash collection, water
  • Assessor Parcel Number 47-1-36-19 & 20

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,346

Year Built

Built in 1892

Lot Details

0

Listing Details

  • Property Type: Residential
  • Parcel Number: 47-1-36-19 & 20
  • Property Sub Type: Triplex
  • Road Frontage Type: Public Road
  • Co List Office Mls Id: 524
  • Subdivision Name: BCMM & LC
  • Special Features: None

Interior Features

  • Appliances: Electric Range, Refrigerator

Exterior Features

  • Roof: Metal
  • Construction Type: Brick
  • Foundation Details: Brick/Mortar
  • Patio And Porch Features: Front Porch, Porch

Utilities

  • Heating: Electric, Natural Gas
  • Utilities: Cable Available, Natural Gas Available
  • Sewer: Public Sewer
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling: Window Unit(s)
  • Heating Yn: Yes
  • Water Source: Public

Schools

  • Elementary School: Wenonah
  • Middle Or Junior School: Kate Collins

Lot Info

  • Lot Features: Open Lot
  • Land Lease Expiration Date: 2023-12-31
  • Zoning Description: RG-5 General Residential

Rental Info

  • Owner Pays: Sewer, Trash Collection, Water
  • Tenant Pays: Electricity, Gas
  • LeaseAmount: 1675.0

Building Info

  • Year Built: 1892

Tax Info

  • Year: 2022
  • Tax Annual Amount: 1346.0

Multi Family

  • Number Of Units Total: 3

MLS Schools

  • HighSchool: Waynesboro

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2022
Closed on
Jan 11, 2024
Sold by
Belisle Sam
Bought by
Bald Rock Farms Llc
Seller's Agent
Tommy Brannock
LORING WOODRIFF REAL ESTATE ASSOCIATES
Buyer's Agent
Trina Cook
1ST CHOICE REAL ESTATE
List Price
$359,000
Sold Price
$190,000
Premium/Discount to List
-$169,000
-47.08%
Total Days on Market
358
Views
658
Current Estimated Value
$254,542

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,542
Avg. Annual Appreciation
23.05%
Original Mortgage
$150,000
Outstanding Balance
$148,092
Interest Rate
6.66%
Mortgage Type
New Conventional
Estimated Equity
$106,450
Source: Public Records

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Range of Values:

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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
Bald Rock Farms Llc $190,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bald Rock Farms Llc $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/19/2024 01/19/24 Sold $190,000 -13.2% $77 / Sq Ft
11/07/2023 11/07/23 Pending -- -- --
10/06/2023 10/06/23 Price Changed $219,000 -24.2% $88 / Sq Ft
06/20/2023 06/20/23 Price Changed $289,000 -19.5% $116 / Sq Ft
11/14/2022 11/14/22 For Sale $359,000 -- $145 / Sq Ft
Source: Charlottesville area 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 $1,522 $197,700 $33,500 $164,200
2023 $1,522 $197,700 $33,500 $164,200
2022 $1,346 $149,600 $35,000 $114,600
2021 $1,346 $149,600 $35,000 $114,600
2020 $926 $102,900 $35,000 $67,900
2019 $926 $102,900 $35,000 $67,900
2018 $1,219 $135,400 $35,000 $100,400
2017 $1,178 $135,400 $35,000 $100,400
2016 $1,079 $134,900 $35,000 $99,900
2015 $1,079 $134,900 $35,000 $99,900
2014 -- $134,500 $35,000 $99,500
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tommy Brannock

    Seller's Agent in 2024

    Tommy Brannock

    LORING WOODRIFF REAL ESTATE ASSOCIATES

    (434) 981-1486

    247 Total Sales

    Tommy Brannock
    Section Image
  • Trina Cook

    Buyer's Agent in 2024

    Trina Cook

    1ST CHOICE REAL ESTATE

    (540) 457-1111

    83 Total Sales

    Trina Cook
    Section Image
See All Agents

Map

Source: Charlottesville area Association of Realtors®

MLS Number: 636660

Charlottesville area Association of Realtors®

APN: 47-1-36-19

Virginia Waynesboro County Waynesboro 22980

541 N Winchester Ave, Waynesboro, VA

This home is located at 541 N Winchester Ave, Waynesboro, VA 22980 since 14 November 2022 and is currently estimated at $254,542, approximately $102 per square foot. This property was built in 1892. 541 N Winchester Ave is a home located in Waynesboro City with nearby schools including Wenonah Elementary School, Kate Collins Middle School, and Waynesboro 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.

Charlottesville area 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.
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