NOT LISTED FOR SALE

81 Prospect Rd Prospect, VA 23960

Prospect Neighborhood
Studio
-- Bath
4,800 Sq Ft
8,276 Sq Ft Lot

Last Sold March 21, 2022

Last sale price $160,000 $33 Per Sq Ft

5 Days on Market

Highlights

  • Deck
  • Level Lot
  • Historic Home
  • Front Porch
  • Wood Siding
  • 1-Story Property

About This Home

As of March 2022

4 unit Building, renovation of units within the past several years. The basement space has lots of room for storage. Plenty of room for parking for all tenants. A second 40 X 60 2 story building could become storage as well. This property is adjacent to the High Bridge Trail for walks and jogs. Only 1 block off US 460 for commutes.

Last Agent to Sell the Property

Steve Reed

Signature Properties License #0225198377 Listed on: 01/06/2022

Last Buyer's Agent

Mary Anne Schensky

Napier REALTORS ERA License #0225215699

Napier REALTORS ERA

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $380

Year Built

  • Built in 1880

Lot Details

  • 8,276 Sq Ft Lot
  • Level Lot
  • Irregular Lot
  • Historic Home

Parking

  • Off-Street Parking

Home Design

  • Quadruplex
  • Rubber Roof
  • Wood Siding
  • Aluminum Siding

Interior Spaces

  • 4,800 Sq Ft Home
  • 1-Story Property
  • Partial Basement

Outdoor Features

  • Deck
  • Front Porch

Schools

  • Prince Edward Elementary And Middle School
  • Prince Edward High School

Utilities

  • Well
  • Water Heater
  • Septic Tank

Community Details

  • 4 Units

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 019-A-A-22

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$380

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Year Built: 1880
  • Lot Size Acres: 0.19
  • Ownership: Individuals
  • Subdivision Name: None
  • Architectural Style: Ranch
  • Garage Yn: No
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Historic
  • Property Sub Type Additional: Quadruplex
  • Special Features: None
  • Stories: 1

Interior Features

  • Basement: Partial
  • Appliances: Electric Water Heater
  • Basement YN: Yes
  • Below Grade Sq Ft: 4800.0
  • Living Area: 4800.0
  • Stories: 1

Exterior Features

  • Roof: Rubber
  • Lot Features: Irregular Lot, Level
  • Waterfront: No
  • Construction Type: Aluminum Siding, Block, Wood Siding
  • Patio And Porch Features: Deck, Front Porch

Garage/Parking

  • Parking Features: Off Street

Utilities

  • Sewer: Septic Tank
  • Water Source: Well

Schools

  • Middle Or Junior School: Prince Edward

Lot Info

  • Parcel Number: 019-A-A-22
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 380.0
  • Tax Lot: 1

Multi Family

  • Number Of Units Total: 4

MLS Schools

  • Elementary School: Prince Edward
  • High School: Prince Edward

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2022
Closed on
Mar 2, 2022
Sold by
Prospect 81 Llc
Bought by
Funkle Llc
Seller's Agent
Steve Reed
Signature Properties
Buyer's Agent
Mary Anne Schensky
Napier REALTORS ERA
List Price
$170,000
Sold Price
$160,000
Premium/Discount to List
-$10,000
-5.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,800
Outstanding Balance
$56,788
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 26, 2021
Sold by
Davis Scott K
Bought by
Prospect 81 Llc

Purchase Details

Listed on
Jun 4, 2020
Closed on
Aug 18, 2020
Sold by
Roadside Properties Llc
Bought by
Davis Scott K
Seller's Agent
Linda Yoder
Yoder Properties, Inc.
Buyer's Agent
Steve Reed
Signature Properties
List Price
$110,000
Sold Price
$108,200
Premium/Discount to List
-$1,800
-1.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,150
Interest Rate
2.9%
Mortgage Type
New Conventional
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
Funkle Llc $160,000 Kane Jeffries Llp
Prospect 81 Llc -- None Available
Davis Scott K $110,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Funkle Llc $60,800
Previous Owner Davis Scott K $81,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/21/2022 03/21/22 Sold $160,000 -5.9% $33 / Sq Ft
01/11/2022 01/11/22 Pending -- -- --
01/06/2022 01/06/22 For Sale $170,000 +57.1% $35 / Sq Ft
08/25/2020 08/25/20 Sold $108,200 -1.6% $34 / Sq Ft View Prior Sale
06/15/2020 06/15/20 Pending -- -- --
06/04/2020 06/04/20 For Sale $110,000 -- $35 / Sq Ft
Source: Central Virginia Regional 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 $993 $194,700 $5,700 $189,000
2023 $935 $194,700 $5,700 $189,000
2022 $935 $194,700 $5,700 $189,000
2021 $935 $194,700 $5,700 $189,000
2020 $380 $74,600 $5,700 $68,900
2019 $380 $74,600 $5,700 $68,900
2018 $380 $74,600 $5,700 $68,900
2017 $380 $74,600 $5,700 $68,900
2016 $380 $74,600 $5,700 $68,900
2015 $366 $74,600 $5,700 $68,900
2014 $387 $82,300 $5,700 $76,600
2013 $346 $82,300 $5,700 $76,600
Source: Public Records

Agents Affiliated with this Home

  • Steve Reed

    Seller's Agent in 2022

    Steve Reed

    Signature Properties

    (804) 301-6104

    1 in this area

    43 Total Sales

    Steve Reed
    Section Image
  • Mary Anne Schensky

    Buyer's Agent in 2022

    Mary Anne Schensky

    Napier REALTORS ERA

    (804) 683-3714

    1 in this area

    12 Total Sales

    Mary Anne Schensky
    Section Image
  • Linda Yoder

    Seller's Agent in 2020

    Linda Yoder

    Yoder Properties, Inc.

    (434) 391-3737

    4 in this area

    79 Total Sales

    Linda Yoder
    Section Image
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Map

Source: Central Virginia Regional MLS

MLS Number: 2200532

Central Virginia Regional MLS

APN: 019A-A-22

Virginia Prince Edward County Prospect 23960 Prospect

81 Prospect Rd, Prospect, VA

Not Listed for Sale

MultiFamily

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Central Virginia Regional MLS All or a portion of th multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listing s. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are ©2025 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.

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