NOT LISTED FOR SALE

72 Duplex Ln Madison, VA 22727

Studio
2 Baths
1,804 Sq Ft
1.18 Acres

Last Sold May 21, 2015

Last sale price $116,000 $64 Per Sq Ft

146 Days on Market

Highlights

  • Deck
  • No HOA
  • Stacked Washer and Dryer
  • Backs to Trees or Woods
  • Property is in very good condition
  • Heat Pump System

About This Home

As of May 2015

One of Two Duplex Properties. Units rent for $675.00 per month. Located just outside of the Town of Madison with easy commutes to Charlottesville, Orange or Culpeper.

Last Agent to Sell the Property

Bud Kreh

(540) 829-3144 budkreh@gmail.com Montague, Miller & Company License #0225044271 Listed on: 10/14/2014

Last Buyer's Agent

Carl Broyles

(540) 948-9974 carl@broylesrealestate.com Montague, Miller & Company License #0225169704

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,170

Year Built

  • Built in 1986

Lot Details

  • 1.18 Acre Lot
  • Backs to Trees or Woods
  • Property is in very good condition

Parking

  • Gravel Driveway

Home Design

  • Duplex
  • Block Foundation
  • Composition Roof
  • Vinyl Siding

Kitchen

  • Electric Oven or Range
  • Dishwasher

Utilities

  • Heat Pump System
  • Electric Water Heater

Additional Features

  • Stacked Washer and Dryer
  • Deck

Listing and Financial Details

  • The owner pays for insurance, repairs, real estate taxes
  • Tax Lot 94H
  • Assessor Parcel Number 39- - - -94H

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $3,147

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,170

Year Built

Built in 1986

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: 1986
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Dishwasher, Oven/Range - Electric, Washer/Dryer Stacked
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Block
  • Basement: No
  • Price Per Sq Ft: 75.67

Exterior Features

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

Garage/Parking

  • Garage: No
  • Parking Features: Gravel Driveway
  • Type Of Parking: Driveway

Utilities

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

Condo/Co-op/Association

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

Lot Info

  • Improvement Assessed Value: 111000.00
  • Land Assessed Value: 63700.00
  • Lot Features: Backs To Trees
  • Lot Size Acres: 1.18
  • Lot Size Area: 51575
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 51575.00
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Very Good
  • Zoning: R2
  • Zoning Description: R-2

Rental Info

  • Lease Term: 12 Months
  • Owner Pays: Insurance, Repairs, Taxes - Real Estate
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 16269862
  • Tax Annual Amount: 1170.49
  • Assessor Parcel Number: 39- - - -94H
  • Tax Lot: 94H
  • County Tax Payment Frequency: Annually
  • Tax Year: 2013

Multi Family

  • Gross Income: 15390.00
  • Operating Expense: 3147.00
  • Vacancy Allowance Rate: 5.00

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property History

Date Event Price List to Sale Price per Sq Ft
05/21/2015 05/21/15 Sold $116,000 -15.0% $64 / Sq Ft
03/09/2015 03/09/15 Pending -- -- --
10/14/2014 10/14/14 For Sale $136,500 -- $76 / Sq Ft
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 $1,169 $229,300 $57,000 $172,300
2023 $1,193 $161,200 $37,800 $123,400
2022 $1,193 $161,200 $37,800 $123,400
2021 $1,193 $161,200 $37,800 $123,400
2020 $1,145 $161,200 $37,800 $123,400
Source: Public Records

Agents Affiliated with this Home

  • Bud Kreh

    Seller's Agent in 2015

    Bud Kreh

    Montague, Miller & Company

    (540) 829-3144

    24 Total Sales

    Bud Kreh
    Section Image
  • Carl Broyles

    Buyer's Agent in 2015

    Carl Broyles

    Montague, Miller & Company

    (540) 948-9974

    123 Total Sales

    Carl Broyles
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1003226436

Bright MLS

APN: 39 94G

Virginia Madison County Madison 22727

72 Duplex Ln, Madison, VA

Not Listed for Sale

MultiFamily

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