NOT LISTED FOR SALE

702 Virginia Ave Winchester, VA 22601

-- Bed
2 Baths
2,752 Sq Ft
1925 Built

Last Sold July 17, 2023

Last sale price $450,000 $164 Per Sq Ft

23 Days on Market

Highlights

  • Dual Staircase
  • Deck
  • Corner Lot
  • Colonial Architecture
  • Attic
  • 2 Car Detached Garage

About This Home

As of July 2023

Welcome to this detached multi-family home with a detached garage, perfect for an investment property!

This property boasts two separate units, one unit downstairs and one upstairs. Each with their own private entrance, providing flexibility for you to live in one unit and rent out the other, or rent out both units for maximum investment potential. The downstairs unit features a spacious layout, with plenty of natural light and hardwood flooring throughout.

The first unit features 3 bedrooms, 1 bathroom, a cozy living room, a fully equipped kitchen and a dining area. The second unit offers 2 bedrooms, 1 bathroom, and a cozy den.
Both units have access to an oversized yard, which is lot number 2. The possibilities are endless with this extra lot. The detached garage offers ample storage space for both units, as well as additional parking or you can rent the garage out to maximize income.

Located in a desirable neighborhood, this property is in close proximity to downtown Winchester and to all commuter routes.


Don't miss out on this fantastic investment opportunity. Schedule a viewing today!

Both units are rented with tenants so you can start earning that passive income right away!

Last Agent to Sell the Property

Kristi Cooper

(540) 336-3834 kcooperhomes4u@gmail.com Realty ONE Group Old Towne License #0225232654 Listed on: 04/28/2023

Realty ONE Group Old Towne

Last Buyer's Agent

Jami Castillo

(304) 268-1422 realtorjamicastillo@gmail.com CENTURY 21 New Millennium

CENTURY 21 New Millennium

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,198

Year Built

  • Built in 1925 | Remodeled in 2012

Lot Details

  • Corner Lot
  • Side Yard

Parking

  • 2 Car Detached Garage
  • Front Facing Garage
  • Driveway
  • On-Street Parking

Home Design

  • Duplex
  • Colonial Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Poured Concrete

Interior Spaces

  • Cedar Closet
  • Dual Staircase
  • Built-In Features
  • Dining Area
  • Basement
  • Exterior Basement Entry
  • Electric Oven or Range
  • Attic

Outdoor Features

  • Deck

Utilities

  • Window Unit Cooling System
  • Hot Water Baseboard Heater
  • Electric Water Heater

Community Details

  • 2 Units
  • Income includes apartment rentals

Listing and Financial Details

  • The owner pays for gas, water
  • Tax Lot 9
  • Assessor Parcel Number 175-04- - 9- 10

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,198

Year Built

Built in 1925 | Remodeled in 2012

Lot Details

0

Parking

2

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1925
  • Year Renovated: 2012
  • Automatically Close On Close Date: No
  • Special Features: None
  • Stories: 0

Interior Features

  • Appliances: Refrigerator, Oven/Range - Electric
  • Interior Amenities: Additional Stairway, Attic, Built-Ins, Cedar Closet(s), Dining Area
  • Fireplace: No
  • Foundation Details: Block
  • Room Count: 13
  • Basement: Yes
  • Basement Type: Outside Entrance, Poured Concrete
  • Total Sq Ft: 3621
  • Living Area Sq Ft: 2752
  • Price Per Sq Ft: 170.42
  • Above Grade Finished Sq Ft: 2752
  • Below Grade Sq Ft: 869
  • Total Below Grade Sq Ft: 869
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 702

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Garage(s)
  • Construction Materials: Brick
  • View: Street
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway, Detached Garage, On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Baseboard - Hot Water
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Natural Gas Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Recreation Fee: No

Schools

  • School District: WINCHESTER CITY PUBLIC SCHOOLS
  • School District Key: 121141714472
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: 3
  • Lot Features: Corner, Sideyard(s)
  • Lot Size Units: Square Feet
  • Outdoor Living Structures: Deck(s)
  • Year Assessed: 2022
  • Zoning: MR
  • In City Limits: Yes

Rental Info

  • Existing Lease Type: Month To Month
  • Ground Rent Exists: No
  • Number Of Units Month To Month: 2
  • Owner Pays: Gas, Water
  • Total Actual Rent: 31200.00
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2198.00
  • Assessor Parcel Number: 175-04- - 9- 10
  • Tax Lot: 9
  • Tax Total Finished Sq Ft: 2752
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 07/17/2023

Multi Family

  • Income Includes: Apartment Rentals

MLS Schools

  • School District Name: WINCHESTER CITY PUBLIC SCHOOLS

Range of Values:

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

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/17/2023 07/17/23 Sold $450,000 -4.1% $164 / Sq Ft
04/28/2023 04/28/23 For Sale $469,000 +290.8% $170 / Sq Ft
05/31/2012 05/31/12 Sold $120,000 -11.0% $44 / Sq Ft View Prior Sale
04/25/2012 04/25/12 Pending -- -- --
03/09/2012 03/09/12 Price Changed $134,900 -5.3% $49 / Sq Ft
01/10/2012 01/10/12 Price Changed $142,500 -9.2% $52 / Sq Ft
11/14/2011 11/14/11 For Sale $157,000 -- $57 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: VAWI2003462

Bright MLS

APN: 175-04- - 9- 10