NOT LISTED FOR SALE

108 Spencer St Monroe, VA 24574

Estimated Value: $107,160 - $178,000

2 Beds
1 Bath
1,072 Sq Ft
$121/Sq Ft Est. Value

Last Sold May 15, 2020

Last sale price $15,000 $14 Per Sq Ft

Est. 765% increase in value since last sale

Current estimated payment $712/month

159 Days on Market

Highlights

  • Screened Porch
  • Ceramic Tile Flooring
  • 1-Story Property
  • Bungalow

About This Home

As of May 2020

Great opportunity in Monroe just off Rt 29 N with easy access to Lynchburg, Madison Heights, and Charlottesville. HUD owned home case 541-807363. HUD owned homes are sold strictly as is where is with no warranty. For more information on this or any other HUD owned home visit www.hudhomestore.com or http://www.olympusams-re.com/ This property is now under auction terms. All offers should be submitted through www.Xome.com. This property is subject to a 5% buyer's premium pursuant to the Auction Terms & Conditions (minimums may apply). All auction assets will be sold subject to seller approval.

Last Agent to Sell the Property

Mike Levan

BHHS Dawson Ford Garbee License #0225045215 Listed on: 11/21/2019

BHHS Dawson Ford Garbee

Last Buyer's Agent

Mike Levan

BHHS Dawson Ford Garbee License #0225045215 Listed on: 11/21/2019

BHHS Dawson Ford Garbee

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1949

Lot Details

  • 7,971

Home Design

  • Bungalow
  • Metal Roof

Interior Spaces

  • 1,072 Sq Ft Home
  • 1-Story Property
  • Screened Porch
  • Crawl Space
  • Attic Access Panel

Kitchen

  • Electric Range
  • Microwave

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Schools

  • Elon Elementary School
  • Monelison Midl Middle School
  • Amherst High School

Utilities

  • Heat Pump System
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 137C2-1-B-10-11

Home Details

Home Type

Single Family

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Directions: US-29 N to left on Francis Ave to left on Coapman Ave to right on Spencer St to home on the left.
  • Lot Measurement: Acres
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 137C2-1-B-10-11
  • Year Built: 1949
  • Heating System: Heat Pump
  • Building Stories: One
  • Dwelling Styles: Bungalow
  • Laundryroom Dim: 0.000 x 0.000
  • Living Room Dim: 13.000 x 13.000
  • Livingroom Len: 13.000
  • Livingroom Wid: 13.000
  • Masterbedroom Area: 132.000000
  • Master Bedroom Dim: 12.000 x 11.000
  • Masterbedroom Len: 12.000
  • Masterbedroom Wid: 11.000
  • Office Dim: 0.000 x 0.000
  • Special Features: 20
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 1.00
  • Bathrooms Display: 1 (1 0)
  • Lower Floor 1 Bedrooms: 2
  • Broker Approved: Yes
  • Legal Description: LOTS 10 11 MONROE HTS
  • Reciprocal Listing: No
  • Second Bedroom: 10x11 Level: Level 1 Above Grade
  • Second Bedroom Area: 110.000000
  • Above Grade Finished Sq Ft: 1072.00
  • ApplianceConvey: Microwave, Range-Elec
  • Has Attic: Access
  • Has Basement: Crawl Space
  • Flooring: Carpet, Ceramic Tile, Laminate
  • Year Built Exception: 0
  • Level 1 Full Bathrooms: 1
  • Interior Amenities: Main Level Bedroom
  • Dining Kitchen: 15x12 Level: Level 1 Above Grade
  • Laundry: Dryer Connection, Main Level, Washer Connections
  • Living Room: 13x13 Level: Level 1 Above Grade
  • Master Bedroom: 12x11 Level: Level 1 Above Grade
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 180.000000
  • LivingRoom Area: 169.000000
  • Est Other Room1 Dim: 0.000 x 0.000
  • Est Other Room2 Dim: 0.000 x 0.000
  • Est Other Room3 Dim: 0.000 x 0.000
  • Rec Room Dim: 0.000 x 0.000
  • Sunroom Dim: 0.000 x 0.000

Exterior Features

  • Roof: Metal
  • New Construction: Completed
  • Exterior Features: Screened Porch

Garage/Parking

  • Garage Dim: 0.000 x 0.000

Utilities

  • Utility Electric: AEP/Appalachian Powr
  • Air Conditioner: Heat Pump
  • Sewer: Septic Tank
  • Hot Water: County
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors

Schools

  • Elementary School: Elon Elem
  • High School: Amherst High
  • Middle School: Monelison Midl
  • School District: Amherst

Lot Info

  • Lot Sq Ft: 1072.00

Tax Info

  • Estimated Taxes: 477

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 18, 2019
Sold by
Secretary Of Hud
Bought by
Wright Brothers Properties Llc
Current Estimated Value
$129,790

Purchase Details

Closed on
Apr 18, 2019
Sold by
Branch Banking And Trust Company
Bought by
Secretary Of Hud

Purchase Details

Closed on
Mar 20, 2019
Sold by
Samuel I White Pc
Bought by
Branch Banking And Trust Company

Purchase Details

Closed on
Aug 27, 2008
Sold by
Belcher Cynthia R
Bought by
Little Roberta S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,409
Interest Rate
6.58%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Wright Brothers Properties Llc $15,000 None Available
Secretary Of Hud $54,270 Attorney
Branch Banking And Trust Company $54,270 None Available
Little Roberta S -- Southern Title Realty Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Little Roberta S $87,409
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/15/2020 05/15/20 Sold $15,000 -64.7% $14 / Sq Ft
04/28/2020 04/28/20 Pending -- -- --
11/21/2019 11/21/19 For Sale $42,500 -- $40 / Sq Ft
Source: Lynchburg Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $401 $65,700 $15,000 $50,700
2024 $401 $65,700 $15,000 $50,700
2023 $401 $65,700 $15,000 $50,700
2022 $401 $65,700 $15,000 $50,700
2021 $401 $65,700 $15,000 $50,700
2020 $401 $65,700 $15,000 $50,700
2019 $414 $67,900 $21,000 $46,900
2018 $414 $67,900 $21,000 $46,900
2017 $414 $67,900 $21,000 $46,900
2016 $414 $67,900 $21,000 $46,900
2015 $380 $67,900 $21,000 $46,900
2014 $380 $67,900 $21,000 $46,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 322113

APN: 137C2-1-B-10,11