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  • $275,000

    300 Cherry Ave, Grottoes, VA 24441

    8beds
    4baths
    1,692sqft
    Duplex, Multi Family, Multi Family
    Built in 1967
    -- sqft lot
    $335,600 Zestimate®
    $163/sqft
    $1,216 Estimated rent

    Home value

    $335,600

    $312,000 - $359,000

    $1,216/mo

    Zestimate® history
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    $1,599/mo

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    What's special

    This is an excellent investment opportunity to own a renovated DUPLEX with lots of potential! Each unit has 2 bedrooms, 1 bath PLUS washer/dryer hook-ups, with covered patios. There is room for storage sheds or garage on this property to increase income potential. With the current low housing inventory for sale, NOW is the time to invest in a RENTAL. Many options to consider; live in one unit, rent the other or may be perfect for extended family situations. This location is a convenient commute to Harrisonburg, Waynesboro, Staunton or The Shenandoah Regional Airport in Weyers Cave, VA. Call today for an appointment!

    Zillow last checked:

    Listing updated:

    Listed by:

    CHERYL TSAKIS 540-836-9219,

    OLD DOMINION REALTY INC - AUGUSTA

    Bought with:

    Sable Ponn, 0225228371

    Funkhouser Real Estate Group: Luray

    Source: CAAR,MLS#: 654004MLS LogoOriginating MLS: Greater Augusta Association of Realtors Inc

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    Heating
    • Baseboard, Electric, Forced Air, Heat Pump
    Cooling
    • None
    Appliances
    • Included: Electric Range, Microwave, Refrigerator, Dryer, Washer
    • Laundry: Washer Hookup, Stacked
    Features
    • Flooring: Luxury Vinyl Plank
    Interior area
    • Total interior livable area: 1,692 sqft

    Property

    Features
    • Patio & porch: Covered, Patio
    • Has view: Yes
    • View description: Residential
    Lot
    • Size: 8,712 Square Feet
    • Features: Open Lot
    Details
    • Parcel number: R31260
    • Zoning description: Town

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Bungalow
    • Property subtype: Duplex, Multi Family, Multi Family
    • Attached to another structure: Yes
    Materials
    • Brick, Vinyl Siding
    • Foundation: Slab
    • Roof: Metal
    Condition
    • New construction: No
    • Year built: 1967

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Fiber Optic Available

    Community & HOA

    Community
    • Security: Smoke Detector(s)
    • Subdivision: NONE
    HOA
    • Has HOA: No
    Location
    • Region: Grottoes

    Financial & listing details

    • Price per square foot: $163/sqft
    • Tax assessed value: $103,000
    • Annual tax amount: $700
    • Date on market: 6/14/2024
    • Cumulative days on market: 4 days
    • Tenant pays: Electricity, Sewer, Trash Collection, Water

    Price history

    DateEventPrice
    7/1/2024Sold$275,000+1.9%$163/sqft
    Source: CAAR #654004 Report a problem
    6/18/2024Pending sale$269,900$160/sqft
    Source: GASAOR #654004 Report a problem
    6/14/2024Listed for sale$269,900+34.9%$160/sqft
    Source: GASAOR #654004 Report a problem
    11/8/2022Sold$200,000-11.1%$118/sqft
    Source: HRAR #631363 Report a problem
    10/1/2022Pending sale$224,900$133/sqft
    Source: CAAR #631363 Report a problem
    10/1/2022Listed for sale$224,900$133/sqft
    Source: CAAR #631363 Report a problem
    10/1/2022Listing removed--
    Source: HRAR Report a problem
    9/27/2022Pending sale$224,900$133/sqft
    Source: CAAR #631363 Report a problem
    8/8/2022Price change$224,900-4.3%$133/sqft
    Source: CAAR #631363 Report a problem
    6/27/2022Price change$234,900-6%$139/sqft
    Source: CAAR #631363 Report a problem
    6/8/2022Listed for sale$249,900$148/sqft
    Source: CAAR #631363 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$700 $103,000
    2023$700 $103,000
    2022$700 +24.4%$103,000 +35.3%
    2021$563 $76,100
    2020$563 $76,100
    2019$563 $76,100
    2018$563 +8.7%$76,100 +2.8%
    2017$518 $74,000
    2016$518 +4.5%$74,000
    2015$496 +4.7%$74,000
    2014$474 $74,000 -2.8%
    2013-- $76,100
    2012-- $76,100
    2011-- $76,100
    2010-- $76,100
    Find assessor info on the county website

    Neighborhood: 24441

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: South River
    • Middle: Elkton
    • High: East Rockingham

    Source: CAAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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