NOT LISTED FOR SALE

9 Valleywood Dr Forest, VA 24551

Estimated Value: $327,000 - $741,025

4 Beds
2 Baths
6,000 Sq Ft
$75/Sq Ft Est. Value

Last Sold September 06, 2018

Last sale price $450,000 $75 Per Sq Ft

Current estimated payment $2,413/month

10 Days on Market

About This Home

As of September 2018

For comp purposes only

Last Agent to Sell the Property

Steven Bucklew

Blackwater Property Management License #0225076965 Listed on: 08/27/2018

Last Buyer's Agent

Steven Bucklew

Blackwater Property Management License #0225076965 Listed on: 08/27/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,800

Year Built

  • Built in 1980

Lot Details

  • 0.5 Acre Lot

Home Design

  • 6,000 Sq Ft Home

Flooring

  • Wood
  • Carpet
  • Vinyl

Parking

  • 2 Parking Spaces
  • Unpaved Driveway
  • Off-Street Parking

Utilities

  • Heat Pump System
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 136B52.136B53.136B54

Community Details

Overview

  • 6 Units

Building Details

  • Insurance Expense $1,000
  • New Taxes Expense $1,800
  • Gross Income $13,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,800

Year Built

Built in 1980

Lot Details

0

Listing Details

  • FILLACRES: 0.5000
  • Directions: Waterlick Road to Valleywood Drive. First three units on right on Valleywood
  • Internet Providers: Shentel
  • Lot Measurement: SqFt
  • Lot Sq Ft: 21780.00
  • Days On Market: No
  • Property Subtype1: Multi-Family
  • Prop. Type: Multi-Family
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 136B52.136B53.136B54
  • Year Built: 1980
  • Heating System: Heat Pump
  • Unit Info Number Unfurnished Units: 6
  • Taxes Expense: 1800.00
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Broker Approved: Yes
  • Legal Description: Bristol Woods, Lt 2, 3 & 4
  • Reciprocal Listing: No
  • Street Number Modifier: 13,15
  • Flooring: Carpet, Vinyl, Wood Floors, Other
  • Year Built Exception: 0
  • Walls: Drywall

Garage/Parking

  • Parking: 2 Spaces/Unit, Off Street Parking, Unpaved Drive

Utilities

  • Utility Electric: American Electric
  • Cooling: Heat Pump
  • Sewer: Septic Tank
  • Hot Water: County
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors

Fee Information

  • Insurance Expenses: 1000.00

Schools

  • School District: Bedford

Lot Info

  • Lot Sq Ft: 6000.00

Rental Info

  • Types Of Leases: 1 Year Lease

Tax Info

  • Estimated Taxes: 1800

Multi Family

  • Annual Gross Income: 13800.00
  • Total Number Units: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 30, 2022
Sold by
Barrick John N
Bought by
Relevant Property Holdings A Virginia Busines
Current Estimated Value
$450,256

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,300,000
Interest Rate
5.54%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 27, 2018
Closed on
Aug 20, 2018
Sold by
Greenway Properties Llc
Bought by
Barrick John N
Seller's Agent
Steven Bucklew
Blackwater Property Management
Buyer's Agent
Steven Bucklew
Blackwater Property Management
List Price
$450,000
Sold Price
$450,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.01%
Original Mortgage
$315,000
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 15, 2012
Sold by
Turner Bryantllc
Bought by
Mti Holdings Llc
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
Relevant Property Holdings A Virginia Busines -- Old Republic National Title
Barrick John N $450,000 Reliance Title
Mti Holdings Llc $360,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Relevant Property Holdings A Virginia Busines $1,300,000
Previous Owner Barrick John N $315,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/06/2018 09/06/18 Sold $450,000 0.0% $75 / Sq Ft
09/06/2018 09/06/18 Pending -- -- --
08/27/2018 08/27/18 For Sale $450,000 -- $75 / Sq Ft
Source: Lynchburg Association of REALTORS®

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 $894 $218,000 $55,000 $163,000
2024 $894 $218,000 $55,000 $163,000
2023 $894 $109,000 $0 $0
2022 $769 $76,900 $0 $0
2021 $769 $153,800 $39,200 $114,600
2020 $769 $153,800 $39,200 $114,600
2019 $769 $153,800 $39,200 $114,600
2018 $680 $130,700 $29,400 $101,300
2017 $680 $130,700 $29,400 $101,300
2016 $680 $130,700 $29,400 $101,300
2015 $680 $130,700 $29,400 $101,300
2014 $680 $130,700 $29,400 $101,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 314289

APN: 136B-5-2