NOT LISTED FOR SALE

566 Sherwood Dr Unit & 564 Blue Ridge, VA 24064

-- Bed
-- Bath
1,976 Sq Ft
1 Acres

Last Sold August 21, 2017

Last sale price $160,000 $81 Per Sq Ft

77 Days on Market

Highlights

  • No HOA
  • Attic Fan
  • Bookcases
  • Colonial Elementary School Rated A-
  • Ceiling Fan

About This Home

As of August 2017

Great ranch-style duplex in Botetourt County. Great for owner/occupant or investor. Each side has 2 bedrooms & finished lower level with fireplace and laundry, one with kitchen area. One side has attached carport. Basement just waterproofed. Great set up for extended family or retirement living with income stream. Property qualifies for FHA financing. Seller pays $5,000 points/closing costs.

Last Agent to Sell the Property

Timothy Toohig

RE/MAX ALL POINTS License #0225002420 Listed on: 04/24/2017

RE/MAX ALL POINTS

Last Buyer's Agent

Brad Thomas

MOUNTAIN VIEW REAL ESTATE LLC License #0225188833

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,014

Year Built

  • Built in 1972

Lot Details

  • 1 Acre Lot

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • 1,976 Sq Ft Home
  • Bookcases
  • Ceiling Fan
  • Attic Fan
  • Alarm System

Basement

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

Schools

  • Colonial Elementary School
  • Read Mountain Middle School
  • Lord Botetourt High School

Utilities

  • Heat Pump System
  • Heating System Uses Gas
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for all utilities, deposit, electricity

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • White Oak Estates Subdivision

Building Details

  • 2 Leased Units
  • Insurance Expense $367
  • Other Expense $2,169
  • New Taxes Expense $1,014
  • Operating Expense $3,550
  • Gross Income $18,000
  • Net Operating Income $14,332

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,014

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Interior Features: Alarm, Attic Fan, Book Shelves, Ceiling Fan
  • Heating System: Gas - Propane, Heat Pump Electric
  • Type: Multi-Family
  • Has Basement: Walkout - Full
  • Cooling System: Heat Pump Electric
  • ExpensesOtherExp: 2169.00
  • ExpensesTaxExp: 1014.00
  • Internet Access: Cable
  • Major Area: 07 - Botetourt County
  • MiscellaneousInfoUpgrades: 2 Porches, Roof 2000
  • NumberLeasedUnits: 2.00
  • NumberUnfurnished: 2.00
  • Hoa2 Or Poa: No
  • RatifiedContractDt: 2017-07-10
  • TotalAnnualExpen: 3550.00
  • Water Class: N/A
  • Water Heater Energy: Electric
  • YardSign: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement YN: Yes

Garage/Parking

  • Parking Description: Private (1 - 9)

Utilities

  • Sewer Description: Private Septic
  • Water Description: Community System
  • Water Heater Type: Tank

Association/Amenities

  • Misc Features: Current Lease
  • Amenities Common: Cable TV

Schools

  • Elementary School: Colonial
  • Middle School: Read Mountain
  • High School: Lord Botetourt

Lot Info

  • Property Group Id: 19990816212116581394000000
  • Total Acreage: 1.00

Building Info

  • Year Built: 1972

Tax Info

  • Taxes (6 mo): 1014.00
  • FILLTAXID: 103A(1)BK3-12

Multi Family

  • Lease Type: Month-to-Month, Two Year
  • Tenant Pays: All Utilities, Deposit, Electricity
  • Units In Building: 2.00
  • Multi Family Type: Duplex

MLS Schools

  • Elementary School: Colonial
  • HighSchool: Lord Botetourt
  • Middle School: Read Mountain

Range of Values:

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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

Property History

Date Event Price Change Sq Ft Price
08/21/2017 08/21/17 Sold $160,000 -11.1% $81 / Sq Ft
07/10/2017 07/10/17 Pending -- -- --
04/24/2017 04/24/17 For Sale $179,950 -- $91 / Sq Ft
Source: Roanoke Valley Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 836566

Roanoke Valley Association of REALTORS®

APN: 103A(1)BK3-12