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102 Wexford St
Score
0
Staunton, VA

102 Wexford St

489K
4 bd • 3 ba • 2,962 sf

This analysis was generated on 3/5/2025. It is for entertainment purposes only and should not be considered as real estate or investment advice.

AI Property Analysis

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List Price

$489,000

Price/Sq.Ft

$165

Year Built

2007

AI Property Analysis

A comprehensive evaluation of this property's features, market position, and investment potential.

The Good

• Hardwood Flooring: Adds warmth and elegance, increasing appeal to buyers • Vaulted Ceilings: Creates a spacious and airy feel, enhancing the living space • Granite Countertops: Durable and aesthetically pleasing, adding value to the kitchen • Two-Car Garage: Provides secure parking and storage space, a desirable feature for homeowners • Hardwood Floors • Granite Countertops • Vaulted Ceilings • Two-Car Garage • Price Position: At $165.09 per sqft, the property is priced below the median price per square foot of $186.00 for the 24401 area last month. This could indicate a good value or reflect specific property characteristics. • Appreciation Trend: The property sold for $300,000 in 2018 and is now listed for $489,000, representing a significant increase in value. However, a 9.9% year-over-year increase in median sold price for the 24401 area indicates strong market appreciation. • Investment Opportunity: After $7,000 in renovations, potential $13,000 equity gain (185.7% ROI) • Rental Income: $1,700/month with 90% occupancy (0.1% cap rate) • Schools: The above-average elementary school (7/10) may add a small premium (estimated 2-4%) to the property value, primarily attracting families with young children. The lower-rated middle and high schools could be a concern for some buyers, potentially limiting resale value. • Future Development: The property description highlights proximity to Mary Baldwin University and Augusta Health, suggesting potential for ongoing development and investment in those institutions. Specific planned developments in the immediate vicinity are not detailed in the provided data. • Good natural light in the living areas due to the large windows. The dining area also benefits from ample light. The basement may have limited natural light.
Hardwood Flooring

Hardwood Flooring

Adds warmth and elegance, increasing appeal to buyers.

Vaulted Ceilings

Vaulted Ceilings

Creates a spacious and airy feel, enhancing the living space.

Granite Countertops

Granite Countertops

Durable and aesthetically pleasing, adding value to the kitchen.

Two-Car Garage

Two-Car Garage

Provides secure parking and storage space, a desirable feature for homeowners.

The Bad

• Update Kitchen Cabinets (MEDIUM priority): $5,000 • Replace Kitchen Appliances (MEDIUM priority): $2,000 • Moderate fire risk (3/10) may lead to slightly higher insurance premiums. • Shelburne Middle School's lower rating (4/10) could be a concern for families with school-aged children. • Potential for interest rate hikes could dampen buyer demand and slow price appreciation. • Good natural light in the living areas due to the large windows. The dining area also benefits from ample light. The basement may have limited natural light.

The Ugly

No critical issues identified

Who is this property for?

These details are presented solely for entertainment purposes and are not meant to steer or limit any prospective buyer.

Best For

Rental Property Investors: Potential annual revenue of $20,400 with 90% occupancy rate Value Investors: Projected 11.5% appreciation potential in moderate scenario Renovation-Minded Buyers: Estimated $7,000 in strategic upgrades could significantly increase property value

Not For

No specific buyer categories to avoid identified
Demographics
Area Median Income

$54,348

Property History

Price History
Ownership Timeline
$300,000Financed
Jun 13, 2018
Robert A Reviea, Linda G RevieaJoseph W Easterling, Beth A Easterling
Deed
Standard Sale (Purchase/Resales)
$269,000Financed
Aug 13, 2012
Peter J Stegman, Denise J StegmanRobert A Reviea, Linda G Reviea
Deed
Standard Sale (Purchase/Resales)

Property Taxes

$3,691
2024 Tax Assessment
0.0%from previous year
Assessed Value$414,720
Tax Rate0.89%

Sunlight Analysis

Visualize how sunlight affects this property throughout the day and year.

Sunlight Analysis

Data provided by Shadowmap

Loading sunlight data...

Schools

Nearby school quality by education level

Middle

4.0/10
Average

High

4.0/10
Average

Financials

Monthly Costs
Market Rent (4 bed)

$830

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Location & Comparables

Subject Property
Comparable Sales
View on Zillow

Subject Property

Price
$489,000
Price/sqft
$165
Layout
4 bd3 ba
Days on market
6 daysat time of analysis

Stats in the Area

Based on 1 comparable properties nearby

Average Price

$48,500

908.2%

Your price is 908.2% above average

Median Price

$48,500

908.2%

Based on 1 recent sales

Price per Sq.Ft

N/A

No price per sq.ft data available

Comparable Properties

846 NEW HOPE RD, STAUNTON, VA 24401
Price: $48,500
Sq.Ft: N/A
Beds/Baths: N/A/N/A
$/Sq.Ft: N/A
Sale Date: 9/13/2024

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