NOT LISTED FOR SALE

560 Lowe St Buchanan, VA 24066

-- Bed
-- Bath
3,600 Sq Ft
0.34 Acre Lot

Sale Details

Date Sold: August 28, 2024

Last sale price $315,000 $88 Per Sq Ft

47 Days on Market

About This Home

As of August 2024

Charming triplex in the quiet Town of Buchanan with a vacant side lot. Direct water and sewer paid by tenants. Washer/dryer hook ups in each unit. The adjacent duplex is also for sale and can be grouped with this property for a single purchase. Property is located in the 100 year flood plain. Additional insurance is reflected in the insurance expense. Seller is Owner/Realtor.

Last Agent to Sell the Property

Todd Conner

U/C BLUE RIDGE LAND & AUCTION CO INC- FLOYD License #0225027050 Listed on: 06/18/2024

Last Buyer's Agent

Lori Mccarren

WAINWRIGHT & CO., REALTORS(r) License #0225213243

WAINWRIGHT & CO.,  REALTORS(r)
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,377

Year Built

  • Built in 1935

Lot Details

  • 14,810 Sq Ft Lot

Home Design

  • Triplex

Interior Spaces

  • 3,600 Sq Ft Home
  • Crawl Space

Schools

  • Buchanan Elementary School
  • Central Academy Middle School
  • James River High School

Utilities

  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for all utilities, cable TV

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • 3 Leased Units
  • Operating Expense $13,278
  • Gross Income $35,137
  • Net Operating Income $21,859

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,377

Year Built

Built in 1935

Lot Details

0.34 Acres

Listing Details

  • Interior Features: Other - See Remarks
  • Heating System: Heat Pump Electric
  • Type: Multi-Family
  • Has Basement: Crawl Space
  • Cooling System: Heat Pump Electric
  • CondoAssocYN: No
  • Internet Access: Cable
  • Major Area: 07 - Botetourt County
  • NumberLeasedUnits: 3.00
  • NumberUnfurnished: 3.00
  • Hoa2 Or Poa: No
  • TotalAnnualExpen: 13278.00
  • Water Class: N/A
  • Water Heater Energy: Electric
  • YardSign: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement YN: No

Garage/Parking

  • Parking Description: On Street

Utilities

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

Lot Info

  • Property Group Id: 19990816212116581394000000
  • Total Acreage: 0.34

Building Info

  • Year Built: 1935

Tax Info

  • Taxes (6 mo): 1377.00

Multi Family

  • Lease Type: One Year
  • Tenant Pays: All Utilities, Cable TV
  • Units In Building: 3.00
  • Multi Family Type: Triplex

MLS Schools

  • Elementary School: Buchanan
  • HighSchool: James River
  • Middle School: Central Academy

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/28/2024 08/28/24 Sold $315,000 0.0% $88 / Sq Ft
08/04/2024 08/04/24 Pending -- -- --
08/04/2024 08/04/24 For Sale $315,000 0.0% $88 / Sq Ft
07/21/2024 07/21/24 Off Market $315,000 -- --
07/18/2024 07/18/24 Price Changed $315,000 -15.9% $88 / Sq Ft
06/18/2024 06/18/24 For Sale $374,600 -- $104 / Sq Ft
Source: Roanoke Valley Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,257 $179,600 $27,500 $152,100
2024 $1,257 $179,600 $27,500 $152,100
2023 $991 $125,500 $22,500 $103,000
2022 $991 $125,500 $22,500 $103,000
2021 $991 $125,500 $22,500 $103,000
2020 $991 $125,500 $22,500 $103,000
2019 $1,038 $131,400 $22,500 $108,900
2018 $1,038 $131,400 $22,500 $108,900
2017 $1,038 $131,400 $22,500 $108,900
2016 $1,038 $131,400 $22,500 $108,900
2015 $528 $73,300 $22,500 $50,800
2014 $528 $73,300 $22,500 $50,800
2010 -- $73,300 $22,500 $50,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 908551

Roanoke Valley Association of REALTORS®

APN: 65A(7)4

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