NOT LISTED FOR SALE

6038 Virginia Ave Pembroke, VA 24136

Estimated Value: $159,000 - $326,000

5 Beds
2 Baths
3,247 Sq Ft
$73/Sq Ft Est. Value

Last Sold May 15, 2024

Last sale price $184,000 $57 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $1,327/month

31 Days on Market

Highlights

  • Farmhouse Style Home
  • Electric Baseboard Heater
  • Carpet
  • No HOA

About This Home

As of May 2024

This 3-unit investment property includes 2-unit farmhouse, plus a second building with 1-unit and potential for another. Conveniently located in the heart of Pembroke, this property offers easy access to Blacksburg or Pearisburg. The combined rent for the three completed units is $1750/mo (2-bedroom unit is currently vacant for ease of showing). Fourth unit needs work but is mostly complete. Property sits on just over 4 acres. Main building has metal roof. Large yard is bordered by a stream. Old shed on property is in poor condition and conveys as-is.

Last Agent to Sell the Property

David Lane

Welcome Home Real Estate License #225180372 Listed on: 03/20/2024

Welcome Home Real Estate

Last Buyer's Agent

Rob Thacker

Keller Williams New River Valley

Keller Williams New River Valley

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $415

Lot Details

  • 4.11 Acre Lot

Home Design

  • Triplex
  • Farmhouse Style Home
  • Metal Roof
  • Vinyl Trim

Interior Spaces

  • 3,247 Sq Ft Home
  • Crawl Space

Flooring

  • Carpet
  • Laminate
  • Vinyl

Utilities

  • Electric Baseboard Heater
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • 3 Units
  • Property managed by Raines PMD (10%)

Listing and Financial Details

  • Assessor Parcel Number 11479

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$415

Lot Details

0

Listing Details

  • Class: Multifamily
  • County Or City: Giles
  • Deed Bk Pg Instrumnt: 2021000970
  • HOA Management Company: Raines PMD (10%)
  • Is The Power On: Yes
  • Is The Water On: Yes
  • Legal Description: Map No 42-90G and 42-90J
  • Lvt Date: 03/20/2024
  • Miscellaneous: 1 Bedroom Units, 2 Bedroom Units, 3 Bedroom Units
  • Parcel Nbr: 11479
  • Property Sub Type: Triplex
  • Style Structure Home: Farm House
  • Estimated Finished Sq Ft: 3247
  • Owner Annual Inc Exp Law: 1065
  • Owner Annual Inc Exp Mai: 1555
  • Owner Annual Inc Exp Man: 858
  • Total Number of Unfurnished Units: 3
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Flooring: Carpet, Laminated, Vinyl
  • Basement: Crawl Space

Exterior Features

  • Exterior Finish: Vinyl
  • Roofing: Metal

Utilities

  • Heating: Baseboard-Electric
  • Sewer: Public System
  • Water: Public Water

Condo/Co-op/Association

  • HOA: None

Schools

  • School District: Giles County
  • Elementary School: Eastern
  • Middle School: Eastern
  • High School: Giles

Lot Info

  • Estimated Lot Size: 4.11

Rental Info

  • Owner Expense: Lawn Care, Management Fee, Real Estate Taxes, Repairs&maintenance

Multi Family

  • Units: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2024
Closed on
May 15, 2024
Sold by
Martin Jimmy S
Bought by
Barrett Carl and Barrett Isabel
Seller's Agent
David Lane
Welcome Home Real Estate
Buyer's Agent
Rob Thacker
Keller Williams New River Valley
List Price
$199,000
Sold Price
$184,000
Premium/Discount to List
-$15,000
-7.54%
Views
66
Current Estimated Value
$237,659

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,659
Avg. Annual Appreciation
19.52%

Purchase Details

Closed on
Jul 21, 2008
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
Barrett Carl $184,000 --
-- -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2024 05/15/24 Sold $184,000 -7.5% $57 / Sq Ft
04/20/2024 04/20/24 Pending -- -- --
03/20/2024 03/20/24 For Sale $199,000 -- $61 / Sq Ft
Source: New River Valley 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 $415 $122,000 $43,700 $78,300
2023 $793 $122,000 $43,700 $78,300
2022 $830 $122,000 $43,700 $78,300
2021 $793 $122,000 $43,700 $78,300
2020 $793 $122,000 $43,700 $78,300
2019 $793 $118,300 $43,700 $74,600
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • David Lane

    Seller's Agent in 2024

    David Lane

    Welcome Home Real Estate

    (540) 808-5668

    158 Total Sales

    David Lane
    Section Image
  • Rob Thacker

    Buyer's Agent in 2024

    Rob Thacker

    Keller Williams New River Valley

    (615) 804-8449

    48 Total Sales

    Rob Thacker
    Section Image
See All Agents

Map

Source: New River Valley Association of REALTORS®

MLS Number: 420531

New River Valley Association of REALTORS®

APN: 4290G01

Virginia Giles County Pembroke 24136

6038 Virginia Ave, Pembroke, VA

This home is located at 6038 Virginia Ave, Pembroke, VA 24136 since 20 March 2024 and is currently estimated at $237,659, approximately $73 per square foot. 6038 Virginia Ave is a home located in Giles County with nearby schools including Jefferson Christian Academy.

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.

New River Valley 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. Information is deemed reliable but not guaranteed.

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