NOT LISTED FOR SALE
-- Bed
-- Bath
2,668 Sq Ft
5,942 Sq Ft Lot Lot

Sale Details

Date Sold: July 29, 2022

Last sale price $400,000 $150 Per Sq Ft

102 Days on Market

Highlights

  • City View
  • Open High School Rated A+
  • Rear Porch

About This Home

As of July 2022

Through no fault of the seller, property available again, pending the release of a previous contract. This amazing opportunity for a buy low, long hold, investment property - has 4, two bedroom units, for only $120,000 each! Only a 5 minute bike ride across the bridge to MCV/VCU, or 5 minutes the other direction to The Bottom and Downtown! This area is full of change, please see slated change in 3 years by checking out this website So much potential, most 2 bedroom apartments in the area run $1100-$1400, and these are good sized bedrooms! One of the units, was just updated in Dec 2021! Everything else in the building was new 8yrs ago. New flooring, bath, paint, and stainless steel appliances, in unit A. Rubber roof only 8 years old, systems and cosmetics 8 years old, newer water heaters, 4 new mini split units (ask agent for details), ceiling fans and newer base board heating. Owner pays water, sewer and trash @ $240/mo. (meter can easily be split via city application) and insurance @ $158/mo. Check out the virtual tour - password 925 - Priced to move, part of a 1031 TE, needs to sell fast!

Last Agent to Sell the Property

Heather Rager

Samson Properties License #0225233828 Listed on: 03/20/2022

Samson Properties

Last Buyer's Agent

David Gaulden

Real Broker LLC License #0225242380

Real Broker LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,210

Year Built

  • Built in 1958

Lot Details

  • 5,942

Home Design

  • Quadruplex
  • Rubber Roof

Interior Spaces

  • 2,668 Sq Ft Home
  • 2-Story Property
  • City Views

Parking

  • On-Street Parking
  • Off-Street Parking

Schools

  • Chimborazo Elementary School
  • Martin Luther King Jr. Middle School
  • Armstrong High School

Additional Features

  • Rear Porch
  • 5,942 Sq Ft Lot
  • Water Heater

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number E000-0420-028

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,210

Year Built

Built in 1958

Lot Details

5,942 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Year Built: 1958
  • Lot Size Acres: 0.1364
  • Ownership: Individuals
  • Subdivision Name: None
  • Architectural Style: Two Story
  • Garage Yn: No
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: Actual
  • Property Sub Type Additional: Quadruplex
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Electric Water Heater
  • Basement YN: No
  • Living Area: 2668.0
  • Stories: 2

Exterior Features

  • Roof: Rubber
  • Fencing: None
  • View: City
  • View: Yes
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Rear Porch

Garage/Parking

  • Parking Features: Off Street, On Street

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • Middle Or Junior School: Martin Luther King Jr.

Lot Info

  • Parcel Number: E000-0420-028
  • Zoning Description: R-63
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 1210.0

Multi Family

  • Number Of Units Total: 4

MLS Schools

  • Elementary School: Chimborazo
  • High School: Armstrong
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/29/2022 07/29/22 Sold $400,000 -16.7% $150 / Sq Ft
06/30/2022 06/30/22 Pending -- -- --
06/22/2022 06/22/22 Price Changed $480,000 -7.7% $180 / Sq Ft
06/22/2022 06/22/22 For Sale $520,000 0.0% $195 / Sq Ft
06/03/2022 06/03/22 Pending -- -- --
03/20/2022 03/20/22 For Sale $520,000 +1931.3% $195 / Sq Ft
07/11/2012 07/11/12 Sold $25,600 +0.4% $10 / Sq Ft View Prior Sale
05/19/2012 05/19/12 Pending -- -- --
03/28/2012 03/28/12 For Sale $25,500 -- $10 / Sq Ft
Source: Central Virginia Regional MLS

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 $4,860 $405,000 $88,000 $317,000
2024 $4,860 $405,000 $88,000 $317,000
2023 $2,712 $226,000 $88,000 $138,000
2022 $2,244 $187,000 $59,000 $128,000
2020 $887 $170,000 $45,000 $125,000
2019 $755 $160,000 $38,000 $122,000
2018 $324 $145,000 $25,000 $120,000
2017 $1,656 $138,000 $25,000 $113,000
2016 $324 $138,000 $25,000 $113,000
2015 $1,594 $160,000 $25,000 $135,000
2014 $1,594 $126,000 $25,000 $101,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2207027

Central Virginia Regional MLS

APN: E-000-0420-028

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