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Key Details
Sold Price $350,000
Property Type Single Family Home
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 1,540 sqft
Price per Sqft $227
Subdivision Unknown
MLS Listing ID 581190
Sold Date 01/15/19
Style Cape Cod
Bedrooms 3
Full Baths 1
HOA Y/N N
Abv Grd Liv Area 1,540
Originating Board CAAR
Year Built 1975
Annual Tax Amount $614
Tax Year 2018
Lot Size 21.410 Acres
Acres 21.41
Property Description
BACK ON MARKET due to no fault of the home or the seller! Charming Cape Cod on over 21 acres just minutes from Ruckersville. Beautiful hardwood floors throughout. Brand new roof in 2009. In addition to owning a quiet little slice of heaven, this property conveys with guaranteed income for the next 50 years! Discrete commercial ground lease provides almost $800/Mo in lease income which will increase to $913/Mo starting June, 2019. Lease income will increase 15% every 5 years thereafter! Use the monthly income to fund your perfect remodel or live in the current home and let the income pay most of your mortgage! Property also has division rights should you choose to downsize and sell your acreage. Priced below recent appraisal and tax value!
Location
State VA
County Greene
Zoning A-1
Rooms
Other Rooms Living Room, Dining Room, Primary Bedroom, Kitchen, Full Bath, Additional Bedroom
Basement Outside Entrance, Unfinished
Main Level Bedrooms 2
Interior
Interior Features Attic, Entry Level Bedroom
Cooling Window Unit(s)
Flooring Hardwood, Vinyl
Equipment Oven/Range - Gas
Fireplace N
Window Features Double Hung
Appliance Oven/Range - Gas
Heat Source Oil, Wood
Exterior
Exterior Feature Deck(s), Porch(es)
Roof Type Composite
Accessibility None
Porch Deck(s), Porch(es)
Garage N
Building
Lot Description Level, Sloping, Trees/Wooded
Story 1.5
Foundation Block
Sewer Septic Exists
Water Well
Architectural Style Cape Cod
Level or Stories 1.5
Additional Building Above Grade, Below Grade
New Construction N
Schools
Elementary Schools Ruckersville
High Schools William Monroe
School District Greene County Public Schools
Others
Senior Community No
Ownership Other
Special Listing Condition Standard
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Bought with TOM LINKOUS • HOWARD HANNA ROY WHEELER REALTY - GREENE
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