NOT LISTED FOR SALE

617 Jefferson Ave Clifton Forge, VA 24422

Clifton Forge Area

Estimated Value: $99,000 - $136,000

3 Beds
2 Baths
2,010 Sq Ft
$60/Sq Ft Est. Value

Sale Details

Date Sold: April 9, 2024

Last sale price $71,200 $35 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $684 / mo

118 Days on Market

About This Home

As of April 2024

Investment property. This duplex is just a minute from downtown Clifton Forge with two long-term tenants. Both units feature 2 bedrooms and one bathroom, central air, and an extra lot on the side of the house that could be converted to parking spots. Work needed>The yearly full rent revenue is $15,600. There is an option of a package deal with properties at 616 Church St., 219 West Ridge, 617 Church St., and 809 Brussels Ave. This duplex has two separate electrical meters, which are covered by tenants. Water is public and, for now, paid by the owner. Schools: Mountain View Elementary, Clifton Middle School, Alleghany High School

Last Agent to Sell the Property

Dominika Williams

HIGHLANDS REALTY & ASSOCIATES LLC License #0225262141 Listed on: 09/13/2023

Last Buyer's Agent

Dominika Williams

HIGHLANDS REALTY & ASSOCIATES LLC License #0225262141 Listed on: 09/13/2023

Range of Values:

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Value Increase
--
Percent Increase
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Adjusted for Inflation
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List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $406

Year Built

  • Built in 1922

Lot Details

  • 5,009

Home Design

  • 2,010 Sq Ft Home
  • Duplex
  • Slab Foundation

Parking

  • 2 Parking Spaces
  • On-Street Parking

Additional Features

  • Lot Dimensions are 40x 125
  • Heat Pump System

Listing and Financial Details

  • Tenant pays for all utilities
  • Legal Lot and Block 1 & 2 / 9

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units
  • Operating Expense $3,000
  • Gross Income $15,600
  • Net Operating Income $12,300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$406

Year Built

Built in 1922

Lot Details

5,009 Sq Ft Lot

Listing Details

  • Heating System: Heat Pump Electric
  • Type: Multi-Family
  • Has Basement: Slab
  • Cooling System: Heat Pump Electric
  • CondoAssocYN: No
  • Major Area: 27 - Alleghany County
  • NumberLeasedUnits: 2.00
  • NumberUnfurnished: 2.00
  • NumberVehicleSpaces: 2.00
  • Hoa2 Or Poa: No
  • TotalAnnualExpen: 3000.00
  • Water Class: N/A
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement YN: No

Garage/Parking

  • Parking Description: Street

Utilities

  • Sewer Description: Public Sewer
  • Water Description: Public Water

Lot Info

  • Lot Dimensions: 40x 125
  • Property Group Id: 19990816212116581394000000
  • Lot: 1 & 2

Building Info

  • Year Built: 1922

Tax Info

  • Taxes (6 mo): 406.41

Multi Family

  • Tenant Pays: All Utilities
  • Units In Building: 2.00
  • Multi Family Type: Duplex

MLS Schools

  • Elementary School: Other - See Remarks
  • HighSchool: Other - See Remarks
  • Middle School: Other - See Remarks

Ownership 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 Name Owned For Owner Type

Purchase Details

Closed on
Aug 20, 2003
Sold by
Bought by
Current Estimated Value
$120,097
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Clifton Forge, VA

  • Brad Thomas Real Estate Agent - MOUNTAIN VIEW REAL ESTATE LLC

    Brad Thomas

    Responds Quickly

    MOUNTAIN VIEW REAL ESTATE LLC

    (540) 900-1493

    558 Total Sales

    1 in Clifton Forge

    $215,000 Price

    Brad Thomas
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  • Mary Beth Harris Real Estate Agent - JAMES RIVER REALTY LLC

    Mary Beth Harris

    JAMES RIVER REALTY LLC

    (540) 600-4286

    164 Total Sales

    2 in Clifton Forge

    $90,000 Price Range

    Mary Beth Harris
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  • David Stull Real Estate Agent - STERLING PROPERTIES & MANAGEMENT LLC

    David Stull

    STERLING PROPERTIES & MANAGEMENT LLC

    (540) 600-4933

    55 Total Sales

    6 in Clifton Forge

    $30K - $67K Price Range

    David Stull
     Section Image
  • Joe Racek Real Estate Agent - Sycamore Realtors

    Joe Racek

    Sycamore Realtors

    (540) 299-2761

    225 Total Sales

    1 in Clifton Forge

    $185,000 Price

    Joe Racek
     Section Image
  • Thomas Fellers Real Estate Agent - MKB, Roanoke

    Thomas Fellers

    MKB, Roanoke

    (540) 427-7269

    222 Total Sales

    1 in Clifton Forge

    $140,000 Price

    Thomas Fellers
     Section Image
  • Dayna Patrick Real Estate Agent - RE/MAX All Stars

    Dayna Patrick

    Responds Quickly

    RE/MAX All Stars

    (540) 384-4566

    227 Total Sales

    2 in Clifton Forge

    $135K - $170K Price Range

    Dayna Patrick
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Purchase 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 Buyer Sale Price Title Company
$20,900 --
Source: Public Records

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
04/09/2024 04/09/24 Sold $71,200 -20.0% $35 / Sq Ft
01/09/2024 01/09/24 Pending -- -- --
09/13/2023 09/13/23 For Sale $89,000 -- $44 / 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 -- $106,800 $6,000 $100,800
2024 $297 $40,700 $3,000 $37,700
2023 $297 $40,700 $3,000 $37,700
2022 $297 $40,700 $3,000 $37,700
2021 $297 $40,700 $3,000 $37,700
2020 $297 $40,700 $3,000 $37,700
2019 $297 $40,700 $3,000 $37,700
2018 $303 $42,700 $3,000 $39,700
2017 $303 $42,700 $3,000 $39,700
2016 $303 $42,700 $3,000 $39,700
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2012 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Dominika Williams Real Estate Agent - HIGHLANDS REALTY & ASSOCIATES LLC

    Seller's Agent in 2024

    Dominika Williams

    HIGHLANDS REALTY & ASSOCIATES LLC

    (540) 960-3234

    68 Total Sales

    Dominika Williams
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 901660

Roanoke Valley Association of REALTORS®

APN: 12300-01-209-0020

Virginia Alleghany County Clifton Forge 24422

617 Jefferson Ave, Clifton Forge, VA

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Roanoke 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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