NOT LISTED FOR SALE

700 E Moler Ave Martinsburg, WV 25404

Estimated Value: $227,000 - $320,220

Studio
2 Baths
-- Sq Ft
8,712 Sq Ft Lot

Last Sold April 13, 2018

Last sale price $106,000

Est. 176% increase in value since last sale

Current estimated payment $1,586/month

44 Days on Market

Highlights

  • No HOA
  • Property is in very good condition
  • Wall Furnace
  • Window Unit Cooling System

About This Home

As of April 2018

Two two bedroom apartments, over under style duplex. property has been rented with 100% occupancy at $1400.00 per month for years. tenants are on month to month currently. property is in great condition with minimal monthly upkeep. Tenants pay electric owner pays garbage and water. positive cash flow makes it a great buy for any investor.

Last Agent to Sell the Property

John Orem

(304) 264-8177 johnorem@johnorem.com East Coast Realty , John Orem & Associates Listed on: 01/17/2018

Last Buyer's Agent

Vicky Owens

(304) 582-0494 vickyowens52@yahoo.com RE/MAX Real Estate Group License #WV0024651

RE/MAX Real Estate Group

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1989

Lot Details

  • 8,712 Sq Ft Lot
  • Property is in very good condition

Parking

  • Off-Street Parking

Home Design

  • Duplex
  • Asphalt Roof
  • Vinyl Siding

Utilities

  • Window Unit Cooling System
  • Wall Furnace
  • Electric Water Heater

Additional Features

  • Stove
  • Exterior Basement Entry

Listing and Financial Details

  • The owner pays for all utilities
  • Assessor Parcel Number 02067005400000000

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Fairground Heights Subdivision

Building Details

  • Operating Expense $3,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Ownership: Fee Simple
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Year Built: 1989
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Stove
  • Fireplace: No
  • Basement: Yes
  • Basement Type: Outside Entrance, Unfinished
  • Price Per Sq Ft: 76.86

Exterior Features

  • Construction Materials: Vinyl Siding
  • Roof: Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Cooling: Yes
  • Heating Fuel: Electric
  • Heating Type: Wall Unit
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Green Features

  • Green Verification: No

Lot Info

  • Improvement Assessed Value: 49200.00
  • Land Assessed Value: 15240.00
  • Lot Size Acres: 0.20
  • Lot Size Area: 8712
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8712.00
  • Possible Use: Residential
  • Property Attached Yn: Yes
  • Property Condition: Very Good
  • Zoning: 102
  • In City Limits: Yes

Rental Info

  • Lease Term: Negotiable
  • Owner Pays: All Utilities
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 1993.52
  • Assessor Parcel Number: 02067005400000000
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017

Multi Family

  • Gross Income: 16800.00
  • Metering: Electric Separate
  • Operating Expense: 3000.00

MLS Schools

  • School District Name: BERKELEY COUNTY SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 27, 2020
Sold by
Whittington Hill Llc
Bought by
Walls Isaiah C
Current Estimated Value
$292,805

Purchase Details

Listed on
Jan 17, 2018
Closed on
Apr 9, 2018
Sold by
Cheswick Properties Llc
Bought by
Walls Isaiah C and Walls Kathy S
Seller's Agent
John Orem
East Coast Realty , John Orem & Associates
Buyer's Agent
Vicky Owens
RE/MAX Real Estate Group
List Price
$119,900
Sold Price
$106,000
Premium/Discount to List
-$13,900
-11.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.99%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Walls Isaiah C $20,000 None Available
Walls Isaiah C -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/13/2018 04/13/18 Sold $106,000 -11.6% --
03/02/2018 03/02/18 Pending -- -- --
01/17/2018 01/17/18 For Sale $119,900 -- --
Source: Bright MLS

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 $662 $42,510 $5,250 $37,260
2024 $3,973 $126,590 $14,940 $111,650
2023 $673 $41,870 $4,650 $37,220
2022 $3,545 $116,910 $13,950 $102,960
2021 $3,365 $110,160 $13,950 $96,210
2020 $553 $36,210 $9,300 $26,910
2019 $1,070 $34,860 $9,300 $25,560
Source: Public Records

Agents Affiliated with this Home

  • John Orem

    Seller's Agent in 2018

    John Orem

    East Coast Realty , John Orem & Associates

    (304) 264-8177

    13 in this area

    28 Total Sales

    John Orem
    Section Image
  • Vicky Owens

    Buyer's Agent in 2018

    Vicky Owens

    RE/MAX

    (304) 582-0494

    33 in this area

    84 Total Sales

    Vicky Owens
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1004478453

Bright MLS

APN: 06-7-00540000

West Virginia Berkeley County Martinsburg 25404

700 E Moler Ave, Martinsburg, WV

Not Listed for Sale

MultiFamily

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