202 South Main Street

Closed / Sold 10/23/18

Last Sold Price

$230,000

6 beds4 baths6,000 sqft$38/sqft

202 S Main St, Amherst, VA 24521

Description

This three story historical income producing property offers a street level restaurant store front with 2 dining areas, bar, 2 half baths and a full kitchen. The 2nd and 3rd levels are divided into 4 apt's. which are all rented with long term tenants. The lower level area offers additional storage or future expansion.This three story historical income producing property offers a street level restaurant store front with 2 dining areas, bar, 2 half baths and a full kitchen. The 2nd and 3rd levels are divided into 4 apt's. which are all rented with long term tenants. The lower level area offers additional storage or future expansion.

LISTING CLOSED: 10/23/2018 01:00 AM

Listed by Lynn Bowling • Montague Miller And Co.-Amher

Property Details for 202 South Main Street

Status

Closed / Sold

MLS #

313366

Days on Market

Taxes

$1,485 / year

HOA Fees

Condo/Co-op Fees

Property Type

Multi Family

MLS Type

Multi-Family / Multi-Family

Year Built

1914

Lot Size

0.00 AC / 0 SF

County

Amherst County

Zoning

CBD

Parking

Off Street Parking, On-Street, Parking Lot

Directions

29 Business in the Town of Amherst at the traffic light

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Location

Listing Courtesy of Montague Miller And Co.-Amher, Lynn Bowling

Sold By WFLP Property Management LLC, Steven D Bucklew

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Building Information for 202 South Main Street

Stories-Residences4Year Built1914Building Size-Lot Size0.00 AC / 0 SF

Payment Calculator

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$1,293 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,169

Property Taxes

$124

HOA Dues

The Payment Calculator is for illustrative purposes only.

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Property Information for 202 South Main Street

Summary

Location and General Information

County/City: Amherst
State: VA

ZIP: 24521
Area: Amherst
Longitude: .00
Latitude: .00
City/Town: Amherst
Access: Public Road

Taxes and HOA

Tax Map/Parcel ID: 96A441
Estimated Taxes: $1,485.00

Tax Exp Frequency: Yearly
Taxes Expense: $1,485.00
Association: Lynchburg Board of Realtors
Association Fee Amount: $.00
Association Fee: 0.00

School Information

Elementary School: Amherst Elem
High School: Amherst High

Middle School: Amherst Midl
School District: Amherst

Property

Lot Information

Lot Measurement: Acres
Lot Size Source: (Public Records)

Lot Square Footage: 0.0
Square Footage: 6000.0
Square Footage Source: Appraiser
Est Foundation Sqft: 2000.0
Est Other Sqft: 2000.0

Property and Assessments

Property Type: Multi-Family
Property Subtype 1: Multi-Family

Year Built: 1914
Age: 0
Financing: Conventional
FIPS Code: 9
Legal Description: Instrument # 170001613
Property Disclaimer: All information herein has not been verified and is not guaranteed
Allow Auto Estimate: Yes
Allow Reviews: Yes
Validated: Yes

Utilities

Sewer: City
Water Exp Frequency: Yearly

Water Expense: $3,469
Water Heater: Electric, Gas
Water: Public Water
# of Water Meters: 1
Electric Exp Freq: Yearly
Electric Expense: $3,678
Shared Utilities: Other
# of Electric Meters: 0
# of Gas Meters: 0

Interior and Exterior Features

Exterior Features

Exterior Finish (AG): Brick
Attach Doc to DocBox: Disclosure, Lead Based Paint

Interior Features

Flooring: Carpet Over Wood, Vinyl
Heating System: Forced Warm Air-Oil, Heat Pump

Limited Services: No
Basement: Full, Inside Access, Outside Entrance, Unfinished
Air Conditioning: Central AC, Window Unit(s)
Cooling: Heat Pump, Window Unit(s)
Walls: Drywall
Three Quarter Bathrooms: 0

Multi Family

Multi-Family Information

Total Number of Units: 4
Number of Unfurnished Units: 4

Number of Furnished Units: 0

Unit 1

Unit 1 Bedrooms: 2
Unit 1 Full Baths: 1

Unit 1 Half Baths: 0
Unit 1 Occupancy: Occupied
Unit 1 Rent Amount: $500.00
Unit 1 Square Feet: 953.0
Unit 1 Amenities: Cable TV, Carpet, Range/Oven, Smoke Alarm, Storm Win/Doors

Unit 2

Unit 2 Bedrooms: 1
Unit 2 Full Baths: 1

Unit 2 Half Baths: 0
Unit 2 Occupancy: Occupied
Unit 2 Rent Amount: $500.00
Unit 2 Square Feet: 858.0
Unit 2 Amenities: Range/Oven, Refrigerator, Smoke Alarm, Storm Win/Doors

Unit 3

Unit 3 Bedrooms: 2
Unit 3 Full Baths: 1

Unit 3 Half Baths: 0
Unit 3 Occupancy: Occupied
Unit 3 Rent Amount: $500.00
Unit 3 Square Feet: 953.0
Unit 3 Amenities: Carpet, Range/Oven, Refrigerator, Smoke Alarm, Storm Win/Doors

Unit 4

Unit 4 Bedrooms: 1
Unit 4 Full Baths: 1

Unit 4 Half Baths: 0
Unit 4 Occupancy: Occupied
Unit 4 Rent Amount: $500.00
Unit 4 Square Feet: 858.0
Unit 4 Amenities: Range/Oven, Refrigerator, Smoke Alarm, Storm Win/Doors

Unit 5

Unit 5 Full Baths: 0
Unit 5 Half Baths: 0

Unit 5 Rent Amount: $.00
Unit 5 Square Feet: 0.0

Unit 6

Unit 6 Full Baths: 0
Unit 6 Half Baths: 0

Unit 6 Rent Amount: $.00
Unit 6 Square Feet: 0.0

Income and Expenses

Gas Expense: $0
Heat Expense: $2,385

Heat Exp Frequency: Yearly
Insurance Frequency: Yearly
Insurance Expenses: $3,000
Maintenance Expense: $0
Miscellaneous: Unfurnished
Net Oper Income: $0
Annual Gross Income: $33,600

Property History for 202 South Main Street

Date	Event & Source	Price	Appreciation
Oct 23, 2018	Sold CAAR #579611	$230,000	—
Oct 18, 2018	Sold Lynchburg Association of REALTORS #313366	$230,000	—
Oct 17, 2018	Sold (Public Record) Public Record #1301409242	$230,000	+6.8% / yr
Aug 10, 2018	Pending Lynchburg Association of REALTORS #313366		—
Jul 27, 2018	Listed (Active) CAAR #579611	$239,000	—
Jul 27, 2018	Listed (Active) Lynchburg Association of REALTORS #313366	$239,000	—
May 31, 2017	Sold (Public Record) Public Record #1253770405	$210,000	-1.8% / yr
Dec 9, 2016	Expired Lynchburg Association of REALTORS #299161		—
Jun 9, 2016	Listed (Active) Lynchburg Association of REALTORS #299161	$249,900	—
Jul 31, 2015	Withdrawn Lynchburg Association of REALTORS #288564		—
Nov 4, 2014	Listed (Active) Lynchburg Association of REALTORS #288564	$259,900	—
Apr 4, 2008	Sold (Public Record) Public Record #1097598793	$248,000	—

Date	Event & Source	Price
10/23/2018	Sold CAAR #579611	$230,000
10/18/2018	Sold Lynchburg Association of REALTORS #313366	$230,000
10/17/2018	Sold (Public Record) Public Record #1301409242	$230,000 +6.8% / yr
08/10/2018	Pending Lynchburg Association of REALTORS #313366	—
07/27/2018	Listed (Active) CAAR #579611	$239,000
07/27/2018	Listed (Active) Lynchburg Association of REALTORS #313366	$239,000
05/31/2017	Sold (Public Record) Public Record #1253770405	$210,000 -1.8% / yr
12/09/2016	Expired Lynchburg Association of REALTORS #299161	—
06/09/2016	Listed (Active) Lynchburg Association of REALTORS #299161	$249,900
07/31/2015	Withdrawn Lynchburg Association of REALTORS #288564	—
11/04/2014	Listed (Active) Lynchburg Association of REALTORS #288564	$259,900
04/04/2008	Sold (Public Record) Public Record #1097598793	$248,000

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

Public Records for 202 South Main Street

Taxable ValueLand$50,000Additions$216,000Total$266,000

Tax Record2026$1,770 ($148 / month)

Home Facts

Baths5Total Finished SqFt8,000 SqFtAbove Grade Finished SqFt8,000 SqFtStories3Lot Size2,290 SqFtStyleStoresYear Built1914Year Renovated1959ZoningCBDCountyAMHERSTAPN96A4 4 1

Schools near 202 South Main Street

This home is within Amherst County Public Schools.


Rating	School	Type	Grades	Distance
5/10	Amherst Elementary School	Public - Serves this home	PK to 5	0.4 mi
6/10	Amherst Middle School	Public - Serves this home	6 to 8	1.4 mi
3/10	Amherst County High School	Public - Serves this home	9 to 12	1.1 mi


Rating	School	Distance
5/10	Amherst Elementary School PublicPK to 5 Serves this home	0.4 mi
6/10	Amherst Middle School Public6 to 8 Serves this home	1.4 mi
3/10	Amherst County High School Public9 to 12 Serves this home	1.1 mi

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

Address	Sold price	Beds	Baths	Sqft	Lot (Sqft)
This home: 202 South Main Street, Amherst, VA 24521	$230,000	6	4	6,000	0
206 South Main Street, Amherst, VA 24521	–	–	0.5	901	2,801
198 South Main Street, Amherst, VA 24521	$275,000	–	3.5	5,104	2,821
194 South Main Street, Amherst, VA 24521	–	–	0.5	3,212	1,656
196 South Main Street, Amherst, VA 24521	–	–	0.5	2,960	11,004
210 South Main Street, Amherst, VA 24521	–	–	1	2,904	9,235
192 South Main Street, Amherst, VA 24521	$85,500	–	0.5	1,140	1,176
114 Kent Street, Amherst, VA 24521	–	–	0.5	1,620	3,398
190 South Main Street, Amherst, VA 24521	–	–	2.5	2,000	1,699
195 South Main Street, Amherst, VA 24521	–	–	1	10,212	8,909
188 South Main Street, Amherst, VA 24521	$300,000	–	1	3,344	1,936
108 East Court Street, Amherst, VA 24521	$145,000	–	2	5,192	6,035
221 South Main Street, Amherst, VA 24521	$85,000	2	2	1,768	0
203 South Main Street, Amherst, VA 24521	$1,115,000	–	1	4,284	22,564
186 South Main Street, Amherst, VA 24521	$245,000	2	2	2,408	5,663
218 South Main Street, Amherst, VA 24521	$52,000	–	0.5	280	958

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Listing Courtesy of Montague Miller And Co.-Amher, Lynn Bowling

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.

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