NOT LISTED FOR SALE

820 Beagle Gap Rd Crozet, VA 22932

Estimated Value: $791,000 - $1,373,137

7 Beds
5 Baths
5,908 Sq Ft
$183/Sq Ft Est. Value

Last Sold December 19, 2016

Last sale price $800,000 $135 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $6,604/month

220 Days on Market

About This Home

As of December 2016

SIGNIFICANT PRICE REDUCTION!! This property is back on the market with a significantly lower price!! Amazing investment opportunity in a beautiful and serene part of Albemarle County. Less than 1 mile from the popular Chiles Peach Orchard. Excellent rental history. Includes nine 1 to 2 bedroom apartments of various sizes. Current tenants include individuals, as well as families. Well maintained. Investment cap rate over 7.5%. Current owner of over 14 years is selling only because she wants to move out of state. Income/Expense sheets, as well as vacancy rate information is available. List of Property Management Companies can be provided Don't miss this opportunity!!

Last Listed By

Joy Collins

SAMSON PROPERTIES License #0225218729 Listed on: 04/13/2016

SAMSON PROPERTIES

Property Details

Home Type

  • Multi-Family

Year Built

  • 1960

Lot Details

  • 1.59 Acre Lot

Home Design

  • Slab Foundation
  • Composition Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 5,908 Sq Ft Home
  • Carpet

Kitchen

  • Dishwasher
  • Disposal

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Natural Gas
  • Well
  • Septic Tank

Listing and Financial Details

  • The owner pays for electricity, gas, insurance, maintenance, trash, water/sewer
  • Assessor Parcel Number 05400-00-00-03900

Property Details

Home Type

Multi-Family

Year Built

1960

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Property Type: 4+ Apts
  • DSL Available: Yes
  • L V T Date: 04/14/2016
  • Parcel Number: 05400-00-00-03900
  • Property Included: Nine apartment units. Refrigerator (9 total) and range/stove (9 total) from each unit are included, as well as one dishwasher.
  • Zoning: R-10 Residential
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1960

Interior Features

  • Total Finished Sq Ft: 5908
  • Basement: Partial
  • Foundation: Concrete Slab
  • Kitchen Appliances Feat: Dishwasher, Disposal, Refrigerator
  • Source of Sq Ft: Owner

Exterior Features

  • Exterior: Vinyl
  • Number Of Acres: 1.59
  • Roof: Composition Shingle
  • Structure Floors: Carpet
  • Access: Public Road

Utilities

  • Cooling: Wall Unit(s)
  • Heating: Natural Gas
  • Sewer/Septic System: Septic Tank
  • Water: Individual Well

Schools

  • Elementary School: Brownsville
  • Middle School: Henley
  • High School: Western Albemarle

Rental Info

  • Gross Rent: 89460
  • Owner Pays: Electricity, Gas, Insurance, Maintenance, Trash, Water/Sewer

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2016
Closed on
Dec 15, 2016
Sold by
Hurst Property Llc
Bought by
820 Beagle Gap Rd Llc
Seller's Agent
Joy Collins
SAMSON PROPERTIES
Buyer's Agent
Garnett Falls
RE/MAX REALTY SPECIALISTS-CHARLOTTESVILLE
List Price
$855,000
Sold Price
$800,000
Premium/Discount to List
-$55,000
-6.43%
Total Days on Market
220
Current Estimated Value
$1,082,069

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$282,069
Avg. Annual Appreciation
3.66%

Range of Values:

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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
820 Beagle Gap Rd Llc $800,000 Old Republic National Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/19/2016 12/19/16 Sold $800,000 -6.4% $135 / Sq Ft
11/19/2016 11/19/16 Pending -- -- --
04/13/2016 04/13/16 For Sale $855,000 -- $145 / Sq Ft
Source: Charlottesville area 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
2024 -- $669,300 $119,700 $549,600
2023 $7,256 $849,600 $119,700 $729,900
2022 $6,785 $794,500 $100,800 $693,700
2021 $6,537 $765,500 $100,800 $664,700
2020 $7,181 $840,900 $100,800 $740,100
2019 $6,551 $767,100 $100,800 $666,300
2018 $6,436 $767,100 $100,800 $666,300
2017 $6,436 $767,100 $100,800 $666,300
2016 $2,909 $346,700 $68,200 $278,500
2015 $2,817 $344,000 $68,200 $275,800
2014 -- $343,000 $68,200 $274,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Charlottesville area Association of Realtors®

MLS Number: 545627

Charlottesville area Association of Realtors®

APN: 05400-00-00-03900