$950,000
SOLD APR 16, 2025

605 S Wayne Ave Waynesboro, VA 22980

6 Beds
6 Baths
3,227 Sq Ft
0.3 Acres

Recently Sold

$294 Per Sq Ft

5% Below List Price

382 Days on Market

Highlights

  • Multiple Fireplaces
  • Concrete Block With Brick
  • Laundry Room
  • Main Floor Primary Bedroom
  • Living Room
  • 4-minute walk to South River Greenway

About This Home

As of April 2025

Excellent investment opportunity in this large, well kept home with an existing business. The dwelling is split into 3 separate apartments (1BR/1BA, 1BR/2BA, 1BR/1BA) which are all rented and four separate rooms that rent individually on a short and long term basis. Beautiful Waynesboro location and excellent rental history. Property has had many updates within the last 5 years, including dual zone HVAC, remodeled bathrooms and replacement windows and vinyl siding. A new roof was done in 2016. Excellent cash flow with approximately $90,000/yr. in gross rent. Don't miss this income producing opportunity.

Last Agent to Sell the Property

Jason Harris

KW COMMONWEALTH License #225223265 Listed on: 10/10/2023

KW COMMONWEALTH

Last Buyer's Agent

KATHERINE SCHMANDT

OLD DOMINION REALTY INC - AUGUSTA

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,075

Year Built

  • Built in 1900

Lot Details

  • 0.3 Acre Lot
  • Landscaped
  • Property is zoned RMF Multifamily Residential

Home Design

  • Concrete Block With Brick
  • Vinyl Siding
  • Stucco Exterior

Interior Spaces

  • 2-Story Property
  • Multiple Fireplaces
  • Gas Log Fireplace
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Laundry Room

Bedrooms and Bathrooms

  • 6 Bedrooms | 3 Main Level Bedrooms
  • Primary Bedroom on Main
  • Primary bathroom on main floor

Schools

  • Berkeley Glenn Elementary School
  • Kate Collins Middle School
  • Waynesboro High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Fiber Optics Available

Listing and Financial Details

  • Assessor Parcel Number 55-1-26-1

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,075

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Type: Detached
  • Above Grade Finished Sq Ft: 3227
  • Below Grade Total Sq Ft: 539
  • Design: Georgian Revival
  • L V T Date: 10/10/2023
  • Parcel Number: 55-1-26-1
  • Price Per Sq Ft: 294.39
  • Property Included: All appliances and most furnishings.
  • Total Sq Ft: 3766
  • Total Unfinished Sq Ft: 539
  • Type of Construction: On Site Built
  • Zoning: RMF Multifamily Residential
  • Subdivision: NONE
  • Comments: Yes
  • Concatenated Rooms1: |Living Roo1|Kitchen1|Dining Roo1|Pri Bed1|Pri Bath1|Bedroom1|Full Bath1|Bedroom1|Laundry1|Full Bath1|Foyer2|Living Roo2|Dining Roo2|Kitchen2|Pri Bed2|Full Bath2|Bedroom2|Bedroom2|Half Bath2|Laundry2|
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Unfinished Below Grade Sq Ft: 539
  • Fireplace: Three or More, Gas Logs
  • Room 1: Living Room,19.8x15,On Level: 1
  • Room 2: Kitchen,8.2x5.3,On Level: 1
  • Room 3: Dining Room,12.4x8.8,On Level: 1
  • Room 4: Primary Bedroom,20.2x10.5,On Level: 1
  • Room 5: Primary Bath,12.9x7.2,On Level: 1
  • Room 6: Bedroom,10.7x10.2,On Level: 1
  • Room 7: Full Bath,AVG,On Level: 1
  • Room 8: Bedroom,13.5x10.3,On Level: 1
  • Room 9: Laundry,8.9x6.9,On Level: 1
  • Room 10: Full Bath,AVG,On Level: 1
  • Room 11: Foyer,11.2x8.5,On Level: 2
  • Room 12: Living Room,14.7x11.5,On Level: 2
  • Room 13: Dining Room,11x9.7,On Level: 2
  • Room 14: Kitchen,11.5x6,On Level: 2
  • Room 15: Primary Bedroom,20.8x11.7,On Level: 2
  • Room 16: Full Bath,AVG,On Level: 2
  • Room 17: Bedroom,10.11x8,On Level: 2
  • Room 19: Half Bath,AVG,On Level: 2
  • Room 20: Laundry,8x7,On Level: 2
  • Total Finished Sq Ft: 3227
  • Above Grade Finished Sq Ft: 3227
  • Foundation: Concrete Block
  • Level: 2 Story
  • Primary Bathroom Main Level: Yes
  • Master Bedon Main Level: Yes
  • Bathrooms: 5
  • Number of Main Level Bathrooms: 3
  • Number Beds: 6
  • Number Beds Main Level: 3
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Room 18: Bedroom,14.3x11.4,On Level: 2
  • Room Types: Bedroom, Dining Room, Foyer, Full Bath, Half Bath, Kitchen, Laundry, Living Room, Primary Bedroom
  • Room Types Level1: Bedroom (L1), Dining Room (L1), Full Bath (L1), Kitchen (L1), Laundry (L1), Living Room (L1), Primary Bedroom (L1)
  • Room Types Level2: Bedroom (L2+), Dining Room (L2+), Foyer (L2+), Full Bath (L2+), Half Bath (L2+), Kitchen (L2+), Laundry (L2+), Living Room (L2+), Primary Bedroom (L2+)
  • Source of Sq Ft: Public Records

Exterior Features

  • Exterior: Stucco, Vinyl
  • Number Of Acres: 0.3
  • Yard: Landscaped, Nearly Level

Utilities

  • Cooling: Central AC
  • Heating: Forced Air, Natural Gas
  • Cable Available: Fiber-Optic
  • Gas: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water: Public Water

Building Info

  • Year Built: 1900

Tax Info

  • Year: 2023
  • Taxes: 3075.38

MLS Schools

  • HighSchool: Waynesboro
  • Middle School: Kate Collins
  • Elementary School: Berkeley Glenn

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2023
Closed on
Apr 16, 2025
Sold by
Stanimals 328 Llc and Stanimals328 Llc
Bought by
Tree Street Properties Va Llc
Seller's Agent
Jason Harris
KW COMMONWEALTH
Buyer's Agent
KATHERINE SCHMANDT
OLD DOMINION REALTY INC - AUGUSTA
List Price
$999,000
Sold Price
$950,000
Premium/Discount to List
-$49,000
-4.9%
Views
75
Current Estimated Value
$2,079,724

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,129,724
Avg. Annual Appreciation
-25.57%
Original Mortgage
$2,000,000
Interest Rate
6.63%

Purchase Details

Closed on
Aug 15, 2019
Sold by
Pugh Properties Llc
Bought by
Stanimals 328 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
3.7%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 21, 2011
Sold by
Allen Dana A
Bought by
Pugh Properties Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Type Sale Price Title Company
Deed $4,750,000 None Listed On Document
Warranty Deed $250,000 Attorney
Warranty Deed $170,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $2,000,000 No Value Available
Closed $2,007,500 Credit Line Revolving
Previous Owner $225,000 Seller Take Back
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/16/2025 04/16/25 Sold $950,000 +18.8% $294 / Sq Ft
10/26/2024 10/26/24 Pending -- -- --
06/06/2024 06/06/24 Price Changed $800,000 -15.7% $248 / Sq Ft
05/16/2024 05/16/24 Price Changed $949,000 -5.0% $294 / Sq Ft
04/26/2024 04/26/24 For Sale $999,000 0.0% $310 / Sq Ft
04/26/2024 04/26/24 Price Changed $999,000 +5.2% $310 / Sq Ft
10/12/2023 10/12/23 Off Market $950,000 -- --
10/10/2023 10/10/23 For Sale $700,000 -- $217 / 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
2025 $6,130 $747,500 $90,000 $657,500
2024 $3,075 $399,400 $77,500 $321,900
2023 $3,075 $399,400 $77,500 $321,900
2022 $2,472 $274,700 $75,000 $199,700
2021 $2,472 $274,700 $75,000 $199,700
2020 $2,117 $235,200 $75,000 $160,200
2019 $2,117 $235,200 $75,000 $160,200
2018 $1,864 $207,100 $75,000 $132,100
2017 $1,802 $207,100 $75,000 $132,100
2016 $1,461 $182,600 $75,000 $107,600
2015 $1,461 $182,600 $75,000 $107,600
2014 -- $193,700 $65,000 $128,700
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Charlottesville Area Association of REALTORS®

MLS Number: 646478

Charlottesville Area Association of REALTORS®

APN: 55 1 26- 1