NOT LISTED FOR SALE

626 Mccormick Blvd Clifton Forge, VA 24422

Estimated Value: $115,000 - $189,000

4 Beds
3 Baths
2,240 Sq Ft
$69/Sq Ft Est. Value

Last Sold October 12, 2023

Last sale price $118,000 $53 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $837/month

48 Days on Market

Highlights

  • Mountain View
  • Walk-In Closet
  • Baseboard Heating
  • No HOA
  • Central Air

About This Home

As of October 2023

Presenting a fantastic income opportunity in Clifton Forge! This duplex includes a complete residence with a Mother-in-law apartment or a guest house, which is currently occupied and generates income. The first vacant unit boasting 3 bedrooms and 2 bathrooms, with generous living space, including a living room, dining room, and convenient washer/dryer hook-ups. The lower apartment consists of 1 bedroom, a bathroom, and a kitchen area. Both units feature rear deck areas for outdoor enjoyment. Convenient to city restaurants, gas stations, grocery store & pharmacy.

Last Agent to Sell the Property

Dominika Williams

HIGHLANDS REALTY & ASSOCIATES LLC License #0225262141 Listed on: 07/06/2023

Last Buyer's Agent

Dominika Williams

HIGHLANDS REALTY & ASSOCIATES LLC License #0225262141 Listed on: 07/06/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $542

Year Built

  • Built in 1920

Lot Details

  • Lot Dimensions are 25x125

Interior Spaces

  • Walk-In Closet
  • 2,240 Sq Ft Home
  • Mountain Views
  • Partial Basement

Parking

  • 3 Parking Spaces
  • On-Street Parking

Utilities

  • Central Air
  • Heat Pump System
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Legal Lot and Block 14 / 8

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 1 Leased Unit
  • Operating Expense $2,960
  • Gross Income $14,400
  • Net Operating Income $11,441

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$542

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Interior Features: Walk-in-Closet
  • Heating System: Baseboard Electric, Heat Pump Electric
  • Type: Multi-Family
  • Has Basement: Partial Basement
  • Cooling System: Central Cooling
  • Views: Mountain
  • CondoAssocYN: No
  • Major Area: 27 - Alleghany County
  • NumberLeasedUnits: 1.00
  • NumberUnfurnished: 2.00
  • NumberVehicleSpaces: 3.00
  • Hoa2 Or Poa: No
  • TotalAnnualExpen: 2959.82
  • Water Class: N/A
  • Water Heater Energy: Electric
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement YN: Yes

Garage/Parking

  • Parking Description: Street

Utilities

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

Lot Info

  • Lot Dimensions: 25x125
  • Property Group Id: 19990816212116581394000000
  • Lot: 14
  • ZoningCode: CFR1

Building Info

  • Year Built: 1920

Tax Info

  • Taxes (6 mo): 541.76

Multi Family

  • Lease Type: One Year
  • Tenant Pays: Cable TV, Electricity, Gas
  • Units In Building: 2.00
  • Multi Family Type: Other - See Remarks

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2023
Closed on
Oct 12, 2023
Sold by
Brinkley Lewis R
Bought by
Zevallos Chahua Alexandra
Seller's Agent
Dominika Williams
HIGHLANDS REALTY & ASSOCIATES LLC
Buyer's Agent
Dominika Williams
HIGHLANDS REALTY & ASSOCIATES LLC
List Price
$128,000
Sold Price
$118,000
Premium/Discount to List
-$10,000
-7.81%
Views
292
Current Estimated Value
$154,885

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,885
Avg. Annual Appreciation
12.67%

Purchase Details

Closed on
Oct 29, 2004
Sold by
Reid Charles P
Bought by
Brinkley Lewis R and Brinkley Margaret R
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Zevallos Chahua Alexandra $118,000 --
Brinkley Lewis R $10,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/12/2023 10/12/23 Sold $118,000 -7.8% $53 / Sq Ft
08/23/2023 08/23/23 Pending -- -- --
07/06/2023 07/06/23 For Sale $128,000 -- $57 / Sq Ft
Source: Roanoke 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 $420 $57,600 $4,000 $53,600
2023 $420 $57,600 $4,000 $53,600
2022 $420 $57,600 $4,000 $53,600
2021 $420 $57,600 $4,000 $53,600
2020 $420 $57,600 $4,000 $53,600
2019 $420 $57,600 $4,000 $53,600
2018 $422 $59,500 $4,000 $55,500
2017 $422 $59,500 $4,000 $55,500
2016 $422 $59,500 $4,000 $55,500
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2012 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Dominika Williams

    Seller's Agent in 2023

    Dominika Williams

    HIGHLANDS REALTY & ASSOCIATES LLC

    (540) 960-3234

    24 in this area

    53 Total Sales

    Dominika Williams
    Section Image
See All Agents

Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 899675

Roanoke Valley Association of REALTORS®

APN: 11700-01-108-0140

Virginia Alleghany County Clifton Forge 24422

626 Mccormick Blvd, Clifton Forge, VA

Not Listed for Sale

MultiFamily

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.

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.

Nearby Homes