NOT LISTED FOR SALE

703 S Washington St Berkeley Springs, WV 25411

Estimated Value: $239,730

-- Bed
-- Bath
-- Sq Ft
0.27 Acres

Last Sold April 02, 2018

Last sale price $120,000

Est. 100% increase in value since last sale

Current estimated payment $1,473/month

Highlights

  • No HOA
  • Shed
  • West Facing Home
  • Views
  • Electric Baseboard Heater

About This Home

As of April 2018

Brick 2 story building with 4 One Bedroom apartments on 2nd floor and 2 commercial spaces with large display windows on ground level. Large storage shed on property and treed backyard for the tenants to use. 66 foot on 522 south. Public water and public sewer. Separate electric services and hot water heaters. 2nd floor apts fully rented. Commercial units used for storage at this time.

Last Agent to Sell the Property

Robin Ryan

(304) 671-8207 robinryanrealtor@gmail.com Berkeley Springs Realty Listed on: 02/20/2017

Last Buyer's Agent

Melissa Sipes

(304) 671-3564 melissaryanrealtor@gmail.com Berkeley Springs Realty License #WV0002529

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,421

Year Built

  • Built in 1942

Lot Details

  • 0.27 Acre Lot
  • West Facing Home
  • Back Yard Fenced
  • Property is in below average condition

Home Design

  • Brick Exterior Construction

Parking

  • Free Parking
  • Driveway
  • Off-Street Parking

Outdoor Features

  • Shed

Schools

  • Widmyer Elementary School
  • Warm Springs Middle School
  • Berkeley Springs High School

Utilities

  • Electric Baseboard Heater
  • Electric Water Heater

Additional Features

  • Property Views

Community Details

  • No Home Owners Association
  • 6 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,421

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Ownership: Fee Simple
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Year Built: 1942
  • Remarks Public: Brick 2 story building with 4 One Bedroom apartments on 2nd floor and 2 commercial spaces with large display windows on ground level. Large storage shed on property and treed backyard for the tenants to use. 66 foot on 522 south. Public water and public sewer. Separate electric services and hot water heaters. 2nd floor apts fully rented. Commercial units used for storage at this time.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Basement: No
  • Street Number Modifier: 703

Exterior Features

  • Other Structures List: Shed
  • Construction Materials: Brick
  • View: Street
  • View: Yes
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Free, Paved Driveway, Asphalt Driveway
  • Type Of Parking: Off Street, Driveway

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: MORGAN COUNTY SCHOOLS
  • Elementary School: WIDMYER
  • Middle School: WARM SPRINGS
  • High School: BERKELEY SPRINGS
  • School District Key: 121141762928
  • Elementary School: WIDMYER
  • High School: BERKELEY SPRINGS
  • Middle Or Junior School: WARM SPRINGS

Lot Info

  • Fencing: Rear
  • Lot Size Acres: 0.27
  • Lot Size Area: 11543
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 11543.00
  • Possible Use: Commercial, Mixed Use, Office, Residential
  • Property Condition: Below Average

Rental Info

  • Lease Term: Negotiable
  • Vacation Rental: No

Multi Family

  • Gross Income: 1200.00
  • Metering: Fully Separate

Tax Info

  • Close Date: 04/02/2018

MLS Schools

  • School District Name: MORGAN COUNTY SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 2, 2020
Sold by
Rjr Investments Llc
Bought by
R J R Investments Llc
Current Estimated Value
$239,730

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,000
Outstanding Balance
$92,751
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$140,349

Purchase Details

Listed on
Feb 20, 2017
Closed on
Mar 22, 2018
Sold by
Lavelle Diane R and Middleton Louis J
Bought by
Rjr Investments Llc
Seller's Agent
Robin Ryan
Berkeley Springs Realty
Buyer's Agent
Melissa Sipes
Berkeley Springs Realty
List Price
$175,000
Sold Price
$120,000
Premium/Discount to List
-$55,000
-31.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.26%
Source: Public Records

Range of Values:

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Average Value
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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
R J R Investments Llc -- None Listed On Document
R J R Investments Llc -- None Listed On Document
Rjr Investments Llc $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open R J R Investments Llc $103,000
Closed R J R Investments Llc $103,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/02/2018 04/02/18 Sold $120,000 -25.0% --
02/27/2018 02/27/18 Pending -- -- --
11/03/2017 11/03/17 Price Changed $160,000 -8.6% --
02/20/2017 02/20/17 For Sale $175,000 -- --
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
2024 $2,421 $121,740 $41,580 $80,160
2023 $2,436 $115,860 $41,580 $74,280
2022 $1,460 $72,960 $20,760 $52,200
2021 $1,460 $72,960 $20,760 $52,200
2020 $1,460 $72,960 $20,760 $52,200
2019 $1,460 $72,960 $20,760 $52,200
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2018

    Robin Ryan

    Berkeley Springs Realty

    (304) 671-8207

    34 in this area

    55 Total Sales

    Robin Ryan
    Section Image
  • Melissa Sipes

    Buyer's Agent in 2018

    Melissa Sipes

    Berkeley Springs Realty

    (304) 671-3564

    16 in this area

    24 Total Sales

    Melissa Sipes
    Section Image
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Map

Source: Bright MLS

MLS Number: 1000168101

Bright MLS

APN: 02-6A-00940001

West Virginia Morgan County Berkeley Springs 25411

703 S Washington St, Berkeley Springs, WV

This home is located at 703 S Washington St, Berkeley Springs, WV 25411 since 20 February 2017 and is currently estimated at $239,730. This property was built in 1942. 703 S Washington St is a home located in Morgan County with nearby schools including Widmyer Elementary School, Warm Springs Intermediate School, and Warm Springs Middle School.

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