Dave Prater
Price Richards Residential
(540) 783-6230
44 Total Sales
1 in Lebanon
$285,000 Price
0 Walnut Ridge Dr Lebanon, VA 24280
Lebanon AreaEstimated Value: $117,000
Studio
--
Baths
--
Sq Ft
5.4
Acre Lot
Highlights
- 5.4 Acre Lot
- No HOA
- 1-Story Property
- Belfast Elk Garden Elementary School Rated 10
About This Home
As of August 2025Amazing investor opportunity! This Mobile Home Park is not just cash flowing out of the gate, but is positioned for further growth as you build your investment portfolio. Situated on 5 acres in Southwest Virginia, this Mobile Home Park consists of 4 units, with one unit being park-owned. The additional three units are lot rent only. With current rents producing an annual income of $22,800 and room to expand significantly, you can see the opportunity that awaits. To make the deal even better, the utilities are billed directly to the tenants, which leaves minimal expenses to the owner (insurance, taxes, lawn care). The park-owned home is a 2023 two-bedroom, two-bath home.
IT IS THE SOLE RESPONSIBILITY OF BUYER AND BUYER AGENT TO VERIFY ALL INFORMATION CONTAINED HEREIN
Last Agent to Sell the Property
LPT Realty - Griffin Home Group License #310406 Listed on: 06/23/2025
Last Buyer's Agent
LPT Realty - Griffin Home Group License #310406 Listed on: 06/23/2025
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 2023
Lot Details
- 5.4
Schools
- Belfst Elk Grdn Elementary School
- Lebanon Middle School
- Lebanon High School
Additional Features
- 1-Story Property
- 5.4 Acre Lot
Listing and Financial Details
- Assessor Parcel Number 63l Ib 668
Community Details
Overview
- No Home Owners Association
- 4 Units
Building Details
- Gross Income $22,800
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 23, 2025
Closed on
Sep 30, 2025
Sold by
Reed Edgar
Bought by
Seller's Agent
Jim Griffin
LPT Realty - Griffin Home Group
Buyer's Agent
Jim Griffin
LPT Realty - Griffin Home Group
List Price
$269,900
Sold Price
$246,000
Premium/Discount to List
-$23,900
-8.86%
Views
3
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$129,000
Purchase Details
Listed on
Jun 23, 2025
Closed on
Aug 14, 2025
Sold by
Lindamood Property Group Llc
Bought by
Reed Edgar
Seller's Agent
Jim Griffin
LPT Realty - Griffin Home Group
Buyer's Agent
Jim Griffin
LPT Realty - Griffin Home Group
List Price
$269,900
Sold Price
$246,000
Premium/Discount to List
-$23,900
-8.86%
Views
3
Purchase Details
Closed on
Feb 17, 2025
Sold by
Double Down Enterprise Inc
Bought by
Lindamood Property Group Llc
Purchase Details
Closed on
Jan 20, 2022
Sold by
Ann Slone Phyllis
Bought by
Double Down Enterprise Inc
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Lebanon, VA
-
Dave Prater
-
Denise Blevins
Denise Blevins
eXp Realty
(276) 300-1660
268 Total Sales
29 in Lebanon
$35K - $405K Price Range
-
Dwayne Powell
Dwayne Powell
Platinum Properties, Powell, Realtors
(423) 830-4924
31 Total Sales
1 in Lebanon
$49,900 Price
-
Alicia Kern
Alicia Kern
Responds QuicklyA Team Real Estate Professionals
(423) 897-9072
128 Total Sales
1 in Lebanon
$510,000 Price
-
Kristina Kilgore
Kristina Kilgore
Responds QuicklyThe Addington Agency Bristol
(423) 418-5873
126 Total Sales
1 in Lebanon
$235,000 Price
-
David Vance
David Vance
Kate Real Estate
(276) 598-1582
43 Total Sales
2 in Lebanon
$35K - $158K Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | None Listed On Document | ||
| Reed Edgar | $246,000 | Malcolm Title Llc-Virginia | |
| Lindamood Property Group Llc | $200,000 | None Listed On Document | |
| Double Down Enterprise Inc | $119,500 | Tiller & Tiller Pc |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/14/2025 08/14/25 | Sold | $246,000 | -5.3% | -- |
| 06/29/2025 06/29/25 | Pending | -- | -- | -- |
| 06/27/2025 06/27/25 | Price Changed | $259,900 | -3.7% | -- |
| 05/16/2025 05/16/25 | For Sale | $269,900 | -- | -- |
Source: Tennessee/Virginia Regional MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $215 | $37,100 | $23,600 | $13,500 |
| 2025 | $215 | $37,100 | $23,600 | $13,500 |
| 2024 | $220 | $34,900 | $21,400 | $13,500 |
| 2023 | $220 | $34,900 | $21,400 | $13,500 |
| 2022 | $220 | $34,900 | $21,400 | $13,500 |
| 2021 | $220 | $34,900 | $21,400 | $13,500 |
| 2020 | $220 | $34,900 | $21,400 | $13,500 |
| 2019 | $220 | $34,900 | $21,400 | $13,500 |
| 2018 | $241 | $38,300 | $21,400 | $16,900 |
| 2017 | $241 | $38,300 | $21,400 | $16,900 |
| 2016 | $241 | $38,300 | $21,400 | $16,900 |
| 2015 | -- | $38,300 | $21,400 | $16,900 |
| 2012 | -- | $43,000 | $26,000 | $17,000 |
Source: Public Records
Agents Affiliated with this Home
-
Jim Griffin
Seller's Agent in 2025
Jim Griffin
LPT Realty - Griffin Home Group
(423) 302-0333
955 Total Sales
-
Chris Abla
CA
Buyer Co-Listing Agent in 2025
Chris Abla
LPT Realty - Griffin Home Group
(423) 255-7937
92 Total Sales
Map
Source: Tennessee/Virginia Regional MLS
MLS Number: 9980342
APN: 63LIB668
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings displayed may not belong to the firm whose website is being visited
Listing information is deemed reliable, but not guaranteed.
Listing Information presented by local MLS brokerage: Ten-X, LLC dba Homes.com, local broker - Arlene Richardson - 888-952-6393 - 17600 Laguna Canyon Rd, Irvine, CA 92618.
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