Last Sold Price
3 beds3 baths6,540 sqft$80/sqft
181 Main St, Reedville, VA 22539

Description

Investment Opportunity-Fully Leased. Welcome to Schoolhouse Square Senior Residences in heart of beautiful Reedville. Nine-unit community has brick exterior with vinyl siding accents and walk-out terraces. Paved parking. Long term tenants. No vacancies. Each unit has 1 Bedroom/1Bath with living room and small kitchen. Owner replaced roof in 2011; and subsequently replaced all heat pumps, water heaters and kitchen stoves. Carpeting replaced (2016) in 7 units. Local, part-time manager off-site. Recent...Investment Opportunity-Fully Leased. Welcome to Schoolhouse Square Senior Residences in heart of beautiful Reedville. Nine-unit community has brick exterior with vinyl siding accents and walk-out terraces. Paved parking. Long term tenants. No vacancies. Each unit has 1 Bedroom/1Bath with living room and small kitchen. Owner replaced roof in 2011; and subsequently replaced all heat pumps, water heaters and kitchen stoves. Carpeting replaced (2016) in 7 units. Local, part-time manager off-site. Recent survey for lot line adjustment has not been recorded yet. Convenient to Main Street shopping, restaurants and services in lovely, historic port town located on beautiful Cocktrell's Creek on western shore of Chesapeake Bay.
LISTING CLOSED: 04/05/2019 01:00 AM

  1. Listed by Frank A Johnson • Jim & Pat Carter Real Estate
    P: (804)-815-8722 Frank@VaBayHomes.com

Property Details for 181 Main Street

Status
MLS #
1834180
Days on Market
131
Taxes
$2,267 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Residential Income / Low Rise
Year Built
1987
Lot Size
0.75 AC / 32,670 SF
Architectural Style
Other, Low Rise
Has Waterfront
No
Zoning
R-1 Residential General
Zoning Description
R-1

Location

Listing Courtesy of Jim & Pat Carter Real Estate, Frank A Johnson

Sold By Jim & Pat Carter Real Estate, Frank A Johnson

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Building Information for 181 Main Street

Stories1Residences4Year Built1987Building Size-Lot Size0.75 AC / 32,670 SF

Payment Calculator

$2,857 per month

30 year fixed, 6.55% Interest

Principal and Interest

$2,669

Property Taxes

$189

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 181 Main Street

Summary
Location and General Information
  • Directions: Rt. 360 (Northumberland Hwy) east into Reedville, property will be on left - Senior Residences.
  • Latitude: 37.847706
  • Longitude: -76.272913
  • MLS Area Major: 108 - Northumberland
  • Senior Community: Yes
  • Walk Score: 16
Taxes and HOA
  • Parcel Number: 38-B-1-0-118-B
  • Tax Annual Amount: $2,267.00
  • Tax Assessed Value: 404800
  • Tax Lot: E
  • Tax Year: 2017
School Information
  • Elementary School: Northumberland
  • High School: Northumberland
  • Middle Or Junior School: Northumberland
Parking
  • Garage: No
  • Parking Features: Driveway, Off Street, Paved
Property
Lot Information
  • Lot Features: Level
  • Lot Size Acres: 0.75
  • Lot Size Area: 0.75
  • Lot Size Units: Acres
Property and Assessments
  • Living Area: 6540.0
  • Property Sub Type: Multi Family
  • Property Type: Residential Income
  • Year Built: 1987
  • Year Built Details: Renovated
Building Features
  • Construction Materials: Brick
  • Levels: One
  • Roof: Composition, Shingle
  • Stories: 1
  • Total Stories: 1
Farm Information
  • Other Equipment: Satellite Dish
Utilities
  • Sewer: Public Sewer
  • Water Source: Shared Well
Interior and Exterior Features
Exterior Features
  • Patio And Porch Features: Patio
Interior Features
  • Appliances: Electric Water Heater
  • Has Basement: No
  • Heating: Heat Pump
  • Water Heater: Electric
Multi Family
Multi Family Information
  • Number Of Units Total: 4
Unit Information
Unit 1
  • Actual Rent: $555.00
  • Baths Total: 1
  • Beds Total: 1
  • Description: Electric Meter, Refrigerator, Heat Pump
Unit 2
  • Actual Rent: $555.00
  • Baths Total: 1
  • Beds Total: 1
  • Description: Electric Meter, Refrigerator, Heat Pump
Unit 3
  • Actual Rent: $555.00
  • Baths Total: 1
  • Beds Total: 1
  • Description: Electric Meter, Refrigerator, Water Heater, Heat Pump

Property History for 181 Main Street

DateEvent & SourcePriceAppreciation
Apr 5, 2019

Sold

CAAR #582720

$525,000
Apr 5, 2019

Sold

CBRAR #1834180

$525,000
Feb 10, 2019

Pending

CBRAR #1834180

DateEvent & SourcePrice
04/05/2019

Sold

CAAR #582720

$525,000
04/05/2019

Sold

CBRAR #1834180

$525,000
02/10/2019

Pending

CBRAR #1834180

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 181 Main Street

Taxable ValueLand$100,000Additions$464,900Total$564,900
Tax Record2025$4,180 ($348 / month)
Home Facts
Lot Size41,948 SqFtStyleMiscellaneous CommercialCountyNORTHUMBERLANDAPN38-B(1)--118-B

Schools near 181 Main Street

This home is within Northumberland County Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Northumberland Elementary School
PublicPK to 5

Northumberland Middle School
Public6 to 8

Northumberland High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 181 Main Street, Reedville, VA 22539
$525,000
3
3
6,540
32,670
26,136
36,155
$330,000
3
2,165
27,704
14,505
14,549

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Jim & Pat Carter Real Estate, Frank A Johnson

Based on information from one of the following Multiple Listing Services: CVRMLS, Roanoke Valley Association of REALTORS (Roanoke, VA), LAR, Lynchburg Association of REALTORS® and Charlottesville Area Association of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CVRMLS, Roanoke Valley Association of REALTORS (Roanoke, VA), LAR, Lynchburg Association of REALTORS® and Charlottesville Area Association of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.