$380,000
SOLD MAR 7, 2025

931 Cheat Rd Morgantown, WV 26508

4 Beds
2.5 Baths
3,147 Sq Ft
0.39 Acres

Recently Sold

$121 Per Sq Ft

11% Below List Price

292 Days on Market

Highlights

  • Health Club
  • Golf Course Community
  • Mountain View
  • Cheat Lake Elementary School Rated A
  • Medical Services
  • Wood Flooring

About This Home

As of March 2025

Welcome to this incredible opportunity in Cheat Lake, WV! This prime business location boasts an impressive 10,000 cars passing by daily, making it the perfect spot for maximum visibility. With easy access to I-68 and close proximity to the Fort Pierpont Commercial complex, this property is sure to attract a steady stream of potential customers. The property offers a spacious building, a paved parking lot can accommodate multiple vehicles, making it convenient for both customers and employees. Visible signage with no restrictions, allowing your business to stand out amongst the rest. Whether you're looking to expand your current operation or start a new venture, this property has everything you need for success. Don't miss out on this rare chance to secure a coveted spot in one of Cheat Lake's most sought-after locations. Schedule your showing today!

Last Agent to Sell the Property

Matthew Veith

HOWARD HANNA PREMIER PROPERTIES BY BARBARA ALEXANDER, LLC License #WV0030391 Listed on: 03/29/2024

HOWARD HANNA PREMIER PROPERTIES BY BARBARA ALEXANDER, LLC

Co-Listed By

Susan Pappas

HOWARD HANNA PREMIER PROPERTIES BY BARBARA ALEXANDER, LLC License #WV0030506

Last Buyer's Agent

CHRISTINA GOUZD

KEYSTONE REALTY GROUP LLC License #WVB190300538

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,463

Year Built

  • Built in 1912

Lot Details

  • 0.39 Acre Lot
  • Chain Link Fence
  • Landscaped
  • Corner Lot
  • Level Lot

Home Design

  • Stone Foundation
  • Frame Construction
  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 3,147 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • 1 Fireplace
  • Window Treatments
  • Formal Dining Room
  • Mountain Views
  • Fire and Smoke Detector
  • Washer and Electric Dryer Hookup

Kitchen

  • Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Cedar Closet

Attic

  • Walkup Attic
  • Permanent Attic Stairs
  • Finished Attic

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Sump Pump

Parking

  • 3 Car Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Shed
  • Porch

Schools

  • Cheat Lake Elementary School
  • Mountaineer Middle School
  • University High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • 200+ Amp Service
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Security Deposit $10,000
  • Assessor Parcel Number 135.1

Community Details

Overview

  • No Home Owners Association

Amenities

  • Medical Services
  • Shops
  • Public Transportation
  • Community Library

Recreation

  • Golf Course Community
  • Health Club
  • Tennis Courts
  • Community Playground
  • Community Pool
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,463

Year Built

Built in 1912

Lot Details

0

Listing Details

  • OFFICELIST_ADDRESS: 931 Cheat Road
  • Directions: I-68 to exit 7, turn onto Cheat Road (Rt. 857 North), property is approximately a half mile past Cheat Lake Physicians Center.
  • Geo Address Line: 931 Cheat Rd
  • Geo Longitude: -79.886872
  • Geo Primary City: Morgantown
  • Geo Quality: 0.95
  • Geo Subdivision: WV
  • Handicap Modified: No
  • Listing Office2: 69
  • List Type: Exclusive Right to Sell
  • Lot Dimension: irreg
  • Number Of Stories: 2
  • Private School: St. Francis, Trinity
  • OFFICELIST_STATE: WV
  • Street Designation: Road
  • Building Style: Other, Two Story
  • TaxAmountDollars: 2463
  • Bdrm2Features: Cedar Lined Closet, Wall-to-Wall Carpet, Window Treatment
  • Bdrm3Features: Ceiling Fan(s), Wall-to-Wall Carpet, Window Treatment
  • Bdrm4Features: Ceiling Fan(s), Wall-to-Wall Carpet, Window Treatment
  • Dining Rm Level: 1
  • FinishedSqFtAboveGrade: 3147
  • Kitchen Level: 1
  • Living Rm Level: 1
  • Master Bdrm Level: 1
  • TotalFinLivingArea: 3147
  • Year Built: 1912
  • PrimaryBdrmFeatures: Tile Floor, Window Treatment, Primary Bath
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Has Attic: Finished, Permanent Stairs
  • Has Basement: Concrete Floor, Exterior Access, Full, Interior Access, Sump Pump, Unfinished
  • Kitchen Equipment: Smoke Detectors, Cable Available, Hot Water Heater Gas, High Speed Internet Avail
  • Flooring: Ceramic Tile, Luxury Vinyl Plank, Vinyl, Wall-to-Wall Carpet, Wood
  • Interior Amenities: 9ft+ Ceiling, All Window Treatments, Electric Dryer Connection, Gas Stove Connection, Primary Bath, Walk-up Attic, Washer Connection, Other
  • Legal Description: .391 AC Sur Pierpont
  • Basement Type: Detached
  • Appliances: Dishwasher, Disposal, Range, Refrigerator
  • DiningRmFeatures: Ceiling Fan(s), Wood Floor, Window Treatment, Built-ins
  • Fireplace: Pre-Fab
  • Kitchen Features: Window Treatment, Luxury Vinyl Plank
  • LivingRmFeatures: Ceiling Fan(s), Wood Floor, Window Treatment
  • Fireplaces: 1
  • Total Bathrooms: 3
  • Other Room 1: Other
  • Other Rooms: Formal Dining Rm, First Floor Primary Bed

Exterior Features

  • Exterior Construction: Frame
  • Exterior: Aluminum
  • Exterior Features: Landscaped, Porch, Storage Shed/Outbuilding
  • Fence: Chain Link
  • Foundation: Stone
  • Number of Acres: 0.39
  • Roof: Shingles
  • View: Mountain
  • Waterfront: None

Garage/Parking

  • Garage Spaces: None
  • Parking: 3+ Cars, Off Street Parking

Utilities

  • Cooling: Ceiling Fan(s), Central Air, Electric, Window Unit(s)
  • Electricity: 200 Amps
  • Heating: Forced Air, Gas
  • Water Sewer Description: City Sewer, City Water

Condo/Co-op/Association

  • Community Amenities: Golf Course, Health Club, Library, Medical Facility, Park, Playground, Pool, Public Transportation, Shopping/Mall, Tennis Courts
  • Property Description: Corner, Level
  • HOA: No

Fee Information

  • Tax Class: Single Family Detached

Schools

  • School District: Union-Outside District
  • Elementary School: Cheat Lake Elementary
  • High School: University High
  • Middle School: Mountaineer Middle

Lot Info

  • Deed Page: 815
  • Parcel #: 135.1
  • Zoning: None

Rental Info

  • Minimum Deposit: 10000

Tax Info

  • Tax Year: 2023

Multi Family

  • Unit Number of Bedrooms: 4

MLS Schools

  • School County: Monongalia

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2024
Closed on
Mar 1, 2025
Sold by
2010 Properties Llc
Bought by
Coco Holding Company Llc
Seller's Agent
Matthew Veith
HOWARD HANNA PREMIER PROPERTIES BY BARBARA ALEXANDER, LLC
Buyer's Agent
CHRISTINA GOUZD
KEYSTONE REALTY GROUP LLC
List Price
$425,000
Sold Price
$380,000
Premium/Discount to List
-$45,000
-10.59%
Views
249
Current Estimated Value
$375,635

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,365
Original Mortgage
$1,070,000
Outstanding Balance
$1,062,783
Interest Rate
6.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 31, 2019
Sold by
Caravasos Mark A and Caravasos Rhonda
Bought by
2010 Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,500
Interest Rate
4.1%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Deed $380,000 None Listed On Document
Deed $250,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,070,000 New Conventional
Previous Owner $212,500 Commercial
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/07/2025 03/07/25 Sold $380,000 -10.6% $121 / Sq Ft
10/01/2024 10/01/24 Price Changed $425,000 0.0% $135 / Sq Ft
10/01/2024 10/01/24 For Sale $425,000 +11.8% $135 / Sq Ft
09/28/2024 09/28/24 Off Market $380,000 -- --
03/29/2024 03/29/24 For Sale $495,000 -- $157 / Sq Ft
Source: North Central West Virginia REIN

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 $2,471 $115,620 $27,780 $87,840
2024 $2,471 $115,140 $27,780 $87,360
2023 $2,454 $115,140 $27,780 $87,360
2022 $2,360 $115,140 $27,780 $87,360
2021 $2,371 $115,140 $27,780 $87,360
2020 $2,195 $106,080 $24,840 $81,240
2019 $1,105 $106,080 $24,840 $81,240
2018 $1,109 $106,080 $24,840 $81,240
2017 $1,088 $103,560 $25,440 $78,120
2016 $1,082 $102,300 $24,180 $78,120
2015 $1,015 $100,380 $22,260 $78,120
2014 $939 $97,380 $20,340 $77,040
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Central West Virginia REIN

MLS Number: 10153527

North Central West Virginia REIN

APN: 18-20-01350001