481 Midgett Farm Road

Closed / Sold 6/16/22
Closed / Sold 6/16/22
Overhead of the two parcels
Exterior Right Side
Exterior Left SIde
Unit 1
Unit 1
Unit 1
Unit 1
Unit 1
Unit 1
Unit 2
Unit 2
Unit 2
Unit 2
Unit 2
Unit 2
Unit 2
Unit 2
Unit 2
Unit 2
Unit 2
Unit 2
Unit 2
Last Sold Price
$310,000
8 beds3,524 sqft$88/sqft
481 Midgett Farm Rd, Concord, VA 24538

Description

QuadPlex in Concord! All 4 units are occupied. The two 1st floor units had a heavy turnover in the last year. This house is located .3 a mile from the intersection of 460 and 24. A prime location for the expanding Concord area. This property is occupied and as to not disturb the amazing tenants, the property has restricted hours for showing. Offers can be taken in advance and showing can be cancelled if an offer is accepted. This sale also includes the 3.21Acre lot adjacent to 481 Midgett Farm. It...QuadPlex in Concord! All 4 units are occupied. The two 1st floor units had a heavy turnover in the last year. This house is located .3 a mile from the intersection of 460 and 24. A prime location for the expanding Concord area. This property is occupied and as to not disturb the amazing tenants, the property has restricted hours for showing. Offers can be taken in advance and showing can be cancelled if an offer is accepted. This sale also includes the 3.21Acre lot adjacent to 481 Midgett Farm. It is also zoned Residential Multi-Family. Please do not disturb the tenants At Full Occupancy this unit should Gross $36,060.00 Yearly.
LISTING CLOSED: 06/16/2022 12:00 AM

  1. Listed by Jaysn Schaener • Derbyshire Real Estate LLC

Property Details for 481 Midgett Farm Road

Status
Closed / Sold
MLS #
337660
Days on Market
4
Taxes
$1,058 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
Multi Family
MLS Type
Multi-Family / Multi-Family
Year Built
1880
Lot Size
3.95 AC / 172,062 SF
County
Campbell County
Zoning
R-MF
Parking
Parking Lot
Directions
-Head east on US-460 E toward VA-24 E -Turn right at the 1st cross street onto VA-24 W 0.2 mi -Turn right at the 1st cross street onto Tallyho Rd 167 ft -Turn left at the 1st cross street onto Midgett Farm Rd Destination will be on the right
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Location

Listing Courtesy of Derbyshire Real Estate LLC, Jaysn Schaener

Sold By Derbyshire Real Estate LLC, Michael W Cooper

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Building Information for 481 Midgett Farm Road

Stories-Residences4Year Built1880Building Size-Lot Size3.95 AC / 172,062 SF

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$1,576

Property Taxes

$88

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Property Information for 481 Midgett Farm Road

Summary
Location and General Information
  • County/City: Campbell
  • State: VA
  • ZIP: 24538
  • Area: Campbell
  • Longitude: .00
  • Latitude: .00
  • City/Town: Concord
Taxes and HOA
  • Tax Map/Parcel ID: 001034351
  • Estimated Taxes: $1,058.00
  • Taxes Expense: $.00
  • Association: Lynchburg Board of Realtors
  • Association Fee Amount: $.00
  • Association Fee: 0.00
School Information
  • Elementary School: Rustburg Elem
  • High School: Rustburg High
  • Middle School: Rustburg Midl
  • School District: Campbell
Property
Lot Information
  • Acres: 3.95
  • Lot Measurement: Acres
  • Lot Size Source: (Public Records)
  • Lot Square Footage: 172062.0
  • Square Footage: 3524.0
  • Square Footage Source: Public Record Manual
  • Est Foundation Sqft: 0.0
  • Est Other Sqft: 0.0
Property and Assessments
  • Property Type: Multi-Family
  • Property Subtype 1: Multi-Family
  • Year Built: 1880
  • Age: 0
  • Financing: Conventional
  • FIPS Code: 31
  • Legal Description: CONCORD
  • Property Disclaimer: All information herein has not been verified and is not guaranteed
  • Allow Auto Estimate: No
  • Allow Reviews: No
  • Validated: Yes
Utilities
  • Sewer: Septic Tank
  • Water Expense: $0
  • Water Heater: Electric, Individual
  • Water: Well
  • # of Water Meters: 0
  • Utility - Electric: Dominion VA Power
  • Electric Expense: $0
  • # of Electric Meters: 0
  • # of Gas Meters: 0
Interior and Exterior Features
Exterior Features
  • Exterior Finish (AG): Vinyl Siding
  • Attach Doc to DocBox: Disclosure, Lead Based Paint
Interior Features
  • Heating System: Heat Pump
  • Limited Services: No
  • Cooling: Heat Pump
  • Walls: Drywall, Paneling, Plaster
  • Three Quarter Bathrooms: 0
Multi Family
Multi-Family Information
  • Total Number of Units: 4
  • Number of Unfurnished Units: 0
  • 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: $795.00
  • Unit 1 Square Feet: 0.0
  • Unit 1 Amenities: Dishwasher, Dryer Hookup, Range/Oven, Refrigerator, Washer Hookup
Unit 2
  • Unit 2 Bedrooms: 2
  • Unit 2 Full Baths: 1
  • Unit 2 Half Baths: 0
  • Unit 2 Occupancy: Occupied
  • Unit 2 Rent Amount: $995.00
  • Unit 2 Square Feet: 0.0
  • Unit 2 Amenities: Dryer Hookup, Range/Oven, Refrigerator, Washer Hookup
Unit 3
  • Unit 3 Bedrooms: 2
  • Unit 3 Full Baths: 1
  • Unit 3 Half Baths: 0
  • Unit 3 Occupancy: Occupied
  • Unit 3 Rent Amount: $625.00
  • Unit 3 Square Feet: 0.0
  • Unit 3 Amenities: Dryer Hookup, Range/Oven, Refrigerator, Washer Hookup
Unit 4
  • Unit 4 Bedrooms: 2
  • Unit 4 Full Baths: 1
  • Unit 4 Half Baths: 0
  • Unit 4 Occupancy: Occupied
  • Unit 4 Rent Amount: $590.00
  • Unit 4 Square Feet: 0.0
  • Unit 4 Amenities: Dryer Hookup, Range/Oven, Refrigerator, Washer Hookup
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: $0
  • Insurance Expenses: $0
  • Maintenance Expense: $0
  • Net Oper Income: $0
  • Annual Gross Income: $36,060

Property History for 481 Midgett Farm Road

DateEvent & SourcePriceAppreciation
Jun 16, 2022

Sold

Lynchburg Association of REALTORS #337660

$310,000—
May 24, 2022

Sold (Public Record)

Public Record #1493041306

$310,000

+14.0% / yr

Apr 18, 2022

Pending

Lynchburg Association of REALTORS #337660

—
DateEvent & SourcePrice
06/16/2022

Sold

Lynchburg Association of REALTORS #337660

$310,000
05/24/2022

Sold (Public Record)

Public Record #1493041306

$310,000

+14.0% / yr

04/18/2022

Pending

Lynchburg Association of REALTORS #337660

—

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

Public Records for 481 Midgett Farm Road

Taxable ValueLand$30,000Additions$227,100Total$257,100
Tax Record2025$1,157 ($96 / month)
Home Facts
Baths4Total Finished SqFt3,524 SqFtAbove Grade Finished SqFt3,524 SqFtStories2Lot Size32,234 SqFtStyleMulti-Family Res (5+ Units)Year Built1880Year Renovated1880ZoningRMFCountyCAMPBELLAPN0180-0A000-074-0

Schools near 481 Midgett Farm Road

This home is within Campbell County Public Schools.
Rating
School
Type
Grades
Distance
Concord Elementary School
Public - PK to 5
Rustburg Middle School
Public - 6 to 8
Rustburg High School
Public - 9 to 12
Rating
School
Distance
Concord Elementary School
PublicPK to 5

Rustburg Middle School
Public6 to 8

Rustburg 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: 481 Midgett Farm Road, Concord, VA 24538
$310,000
8
3,524
172,062
509 Midgett Farm Road, Concord, VA 24538
–
4
1,612
43,124
10116 Village Highway, Concord, VA 24538
–
3
2
2,147
65,340
601 Tallyho Road, Concord, VA 24538
–
–
–
840
21,780
436 Midgett Farm Road, Concord, VA 24538
$199,900
3
2,600
34,412
583 Tallyho Road, Concord, VA 24538
–
–
1
1,537
14,810

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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 Derbyshire Real Estate LLC, Jaysn Schaener

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.