NOT LISTED FOR SALE

95 Ridgecrest Ave Collinsville, VA 24078

-- Bed
-- Bath
660 Sq Ft
2.12 Acres

Last Sold October 10, 2018

Last sale price $160,000 $242 Per Sq Ft

125 Days on Market

Highlights

  • 2.12 Acre Lot
  • No HOA
  • Baseboard Heating

About This Home

As of October 2018

Outstanding investment opportunity! 31 pad mobile home park with public water and sewer hookup. Includes a 2 bedroom/1 bath vinyl stick built home which is currently being rented for $320 per month. Mobile homes are tenant owned so the income possibilities are endless. Conveniently located in a prime location near restaurants, banks and grocery stores. Schools: John Redd Smith Elementary, Fieldale-Collins Middle, and Bassett High School.

Last Agent to Sell the Property

Suzanna Carter

MKB, REALTORS(r) License #0225232340 Listed on: 05/05/2018

MKB, REALTORS(r)

Last Buyer's Agent

Suzanna Carter

MKB, REALTORS(r) License #0225232340 Listed on: 05/05/2018

MKB, REALTORS(r)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $757

Lot Details

  • 2.12 Acre Lot

Home Design

  • 660 Sq Ft Home
  • Proposed Property
  • Slab Foundation

Utilities

  • No Cooling
  • Baseboard Heating

Listing and Financial Details

  • Tenant pays for air conditioning, electricity, heating
  • Tax Lot 10A, 11-17

Community Details

Overview

  • No Home Owners Association
  • 32 Units

Building Details

  • Insurance Expense $1,578
  • Water Sewer Expense $23,040
  • New Taxes Expense $757
  • Operating Expense $25,375
  • Gross Income $68,940
  • Net Operating Income $43,565

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$757

Lot Details

0

Listing Details

  • Heating System: Baseboard Oil
  • Type: Multi-Family
  • Has Basement: Slab
  • Cooling System: No Cooling System
  • ExpensesTaxExp: 757.00
  • Internet Access: Undetermined
  • Major Area: 14 - Henry County
  • Hoa2 Or Poa: No
  • RatifiedContractDt: 2018-09-07
  • SubdivisionMap: Ethel V. Prillaman
  • TotalAnnualExpen: 25375.00
  • Water Class: N/A
  • Water Heater Energy: Other, see Remarks
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement YN: No

Garage/Parking

  • Parking Description: Private (10 or More)

Utilities

  • Sewer Description: Public Sewer
  • Expenses Water Exp: 23040.00
  • Water Description: Public Water
  • Water Heater Type: Other, see Remarks

Schools

  • Elementary School: Other - See Remarks
  • Middle School: Other - See Remarks
  • High School: Other - See Remarks

Lot Info

  • Property Group Id: 19990816212116581394000000
  • Total Acreage: 2.12
  • Lot: 10A, 11-17

Tax Info

  • Taxes (6 mo): 757.00
  • FILLTAXID: 29.7(055)000-010

Multi Family

  • Lease Type: Other - See Remarks
  • Tenant Pays: Air Conditioning, Electricity, Heating
  • Units In Building: 32.00
  • Multi Family Type: Other - See Remarks

MLS Schools

  • Elementary School: Other - See Remarks
  • HighSchool: Other - See Remarks
  • Middle School: Other - See Remarks

Range of Values:

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Sold Price
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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 Change Sq Ft Price
10/10/2018 10/10/18 Sold $160,000 -10.6% $242 / Sq Ft
09/07/2018 09/07/18 Pending -- -- --
05/05/2018 05/05/18 For Sale $178,950 -- $271 / Sq Ft
Source: Roanoke Valley Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 848141

Roanoke Valley Association of REALTORS®