See Home Value
Waverly 23890
303 Gray Avenue
$55,000
House - Off Market

303 Gray Avenue

Waverly, VA 23890
bedrooms
2 Beds
bathrooms
1 Bath
$57,108
RealtyHop Estimate
14.44%
Since Sep 1, 2021
National-US
Primary Model

About This Property

What a great find! This cute home is the perfect deal to buy and rent out or to fix and flip for a nice profit! With 2 bedrooms, 1 bathroom and 868 square feet, this home has had many updates including vinyl siding, vinyl windows, 200 AMP electric panel, water heater, and HVAC! Also enjoy its many features which include a wrap-around porch, detached garage, and huge corner lot. While there have been lots of updates. The home could use interior paint and cosmetic repairs, and being sold "as-is". For investors, this home will make a great investment property and should cash flow very well while building wealth!
Unit Size
-
Days on Market
39 days
Land Size
0.10 acres
Price per sqft
-
Property Type
House
Property Taxes
$29
HOA Dues
-
Year Built
1940
Last updated: 15 days ago (CVRMLS #2121945)

Price History

Date / Event Date Event Price
Oct 6, 2021 No longer available -
No longer available
Aug 25, 2021 Sold $55,000
Sold
Jul 22, 2021 In contract -
In contract
Jul 16, 2021 Listed by The Hogan Group Real Estate $49,900
Listed by The Hogan Group Real Estate

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,252
  • Total Building Area: 868
  • Building Area: 868
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 868
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GRAY
  • Land Acres: 0.097
  • Standard Land Use Code: Single family residential
  • Legal Description 1: S SIDE GRAY AVE CORNER BANK ST

Ownership

  • Current Owner : BABADE LLC
  • Previous Owner : ENGEL TONY
  • Previous Owner 2: 303 GRAY AVENUE TRUST
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Sussex County Public Schools
  • Census Tract: 870300

Geography

  • Account Number: 2727
  • Parcel: 28A8-12-1
  • Municipality: 9
  • Latitude: 37.032
  • Longitude: -77.0939

    Address

  • Full Address: 303 Gray Ave
  • Address - House Number: 303
  • Address - Street Name: Gray
  • Address - Suffix Type: Ave
  • State: VA
  • City Name: Waverly
  • Carrier Code: R001
  • 4-Digit Zip Code: 5021
  • Zip Code: 23890

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $259

    Appraisal Valuation

  • Standard Deviation: 0.2657
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 62
  • Final Value: 90,005
  • High Value: 113,923
  • Low Value: 66,087

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $41,600
  • First Open Lien Mortgage Lender: ATLANTIC UNION BANK
  • First Open Lien Mortgage Recording Date: Aug 25, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $41,600
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Aug 25, 2051

    Market Valuation

  • Market Total Value: $54,000
  • Market Land Value: $16,100
  • Market Improvement Value: $37,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $54,000
  • Assessed Land Value: $16,100
  • Assessed Improvements Value: $37,900

    Sales

  • Current Sale Contract Date: Aug 13, 2021
  • Current Sale Recording Date: Aug 25, 2021
  • Current Sale Transaction ID: 11860120595
  • Current Sale Price: $55,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 210000969

    Last Sale Mortgage

  • First Mortgage Lender: ATLANTIC UNION BANK
  • First Mortgage Transaction Date: Aug 25, 2021
  • First Mortgage Loan Amount: $41,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

    Financing

  • First Mortgage Financing Type: Fixed Rate



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Waverly


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Currently no similar homes around

Nearby Rentals



Frequently Asked Questions

When was property at 303 Gray Avenue built and last sold?
The property at 303 Gray Avenue was built in 1940 and last sold on Aug 13, 2021 for $55,000.
How much is this home worth?
The estimated value of the home located at 303 Gray Avenue is $53,796.
What are some comparable homes to 303 Gray Avenue?
There are currently no comparable homes to 303 Gray Avenue.

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