NOT LISTED FOR SALE

704 Progress St NE Blacksburg, VA 24060

Bennett Hill-Progress Neighborhood

Estimated Value: $519,000 - $591,000

4 Beds
2 Baths
2,085 Sq Ft
$266/Sq Ft Est. Value

Last Sold March 05, 2021

Last sale price $515,000 $247 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,126/month

About This Home

As of March 2021

A great investment opportunity.

Last Agent to Sell the Property

Jay Mandell

MR Real Estate License #225067751 Listed on: 01/19/2021

Co-Listed By

FSBO REALTOR® Sold

REALTOR® Sold FSBO

Last Buyer's Agent

Jay Mandell

MR Real Estate License #225067751 Listed on: 01/19/2021

Property Details

Home Type

  • Multi-Family

Lot Details

  • 8,059

Home Design

  • Duplex

Interior Spaces

  • 2,085 Sq Ft Home
  • Crawl Space

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 51121-226- A192

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Class: Multifamily
  • County Or City: Montgomery
  • Deed Bk Pg Instrumnt: 2021, page 002198
  • Is The Power On: Yes
  • Is The Water On: Yes
  • Legal Description: MARY J KEISTER ADD LOT 4 SEC 1
  • Lvt Date: 01/21/2022
  • Parcel Nbr: 025883
  • Property Sub Type: Duplex
  • Estimated Finished Sq Ft: 2085
  • Special Features: None

Interior Features

  • Basement: Crawl Space

Condo/Co-op/Association

  • HOA: None

Tax Info

  • Tax Database Id: 1
  • Assessor Parcel Number: 51121-226- A192

Multi Family

  • Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2021
Closed on
Mar 5, 2021
Sold by
Gilbarte Kevin K
Bought by
Seeds Properties Llc
Seller's Agent
Jay Mandell
MR Real Estate
Buyer's Agent
Jay Mandell
MR Real Estate
List Price
$515,000
Sold Price
$515,000
Current Estimated Value
$555,536

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,536
Avg. Annual Appreciation
1.56%
Original Mortgage
$2,350,000
Outstanding Balance
$2,106,608
Interest Rate
2.7%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$1,551,072

Purchase Details

Closed on
Feb 29, 2012
Source: Public Records

Range of Values:

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

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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
Seeds Properties Llc $4,391,000 Fidelity National Title
Seeds Properties Llc $4,391,000 Fidelity National Title
-- $460,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Seeds Properties Llc $2,350,000
Closed Seeds Properties Llc $2,350,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/05/2021 03/05/21 Sold $515,000 0.0% $247 / Sq Ft
01/19/2021 01/19/21 Pending -- -- --
01/19/2021 01/19/21 For Sale $515,000 -- $247 / Sq Ft
Source: New River 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
2025 $2,904 $382,100 $55,400 $326,700
2024 $2,866 $382,100 $55,400 $326,700
2023 $2,675 $382,100 $55,400 $326,700
2022 $2,795 $314,000 $51,300 $262,700
2021 $2,795 $314,000 $51,300 $262,700
2020 $2,795 $314,000 $51,300 $262,700
2019 $2,795 $314,000 $51,300 $262,700
2018 $2,377 $267,100 $37,600 $229,500
2017 $2,377 $267,100 $37,600 $229,500
2016 $2,377 $267,100 $37,600 $229,500
2015 $2,377 $267,100 $37,600 $229,500
2014 $2,242 $251,900 $38,400 $213,500
Source: Public Records

Agents Affiliated with this Home

  • Jay Mandell

    Seller's Agent in 2021

    Jay Mandell

    MR Real Estate

    (540) 315-3988

    9 in this area

    261 Total Sales

    Jay Mandell
    Section Image

  • F

    Seller Co-Listing Agent in 2021

    FSBO REALTOR® Sold

    REALTOR® Sold FSBO

See All Agents

Map

Source: New River Valley Association of REALTORS®

MLS Number: 414063

New River Valley Association of REALTORS®

APN: 025883

Virginia Montgomery County Blacksburg 24060 Bennett Hill-Progress

704 Progress St NE, Blacksburg, VA

Not Listed for Sale

MultiFamily

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