NOT LISTED FOR SALE

1116 Cheerful Ln Vernon Hill, VA 24597

Estimated Value: $284,000

4 Beds
2 Baths
1,406 Sq Ft
$202/Sq Ft Est. Value

Last Sold December 27, 2013

Last sale price $120,000 $85 Per Sq Ft

Est. 137% increase in value since last sale

Current estimated payment $1,622/month

159 Days on Market

Highlights

  • 84.92 Acre Lot
  • Wood Flooring
  • Front Porch
  • Countryside Views
  • No HOA
  • Entrance Foyer

About This Home

As of December 2013

HOME REMODELED IN 1988 HAS 4 BEDROOMS 2 FULL BATHS WITH 84.92+-ACRES

Last Buyer's Agent

Non Member Non Member

Non-Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $903

Year Built

  • Built in 1960

Lot Details

  • 84.92

Home Design

  • Metal Roof
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 1,406 Sq Ft Home
  • 2-Story Property
  • Entrance Foyer
  • Countryside Views
  • Crawl Space
  • Dishwasher
  • Washer and Electric Dryer Hookup

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • No Garage
  • Gravel Driveway
  • Open Parking

Schools

  • Meadville Elementary School
  • Halifax County Middle School
  • Halifax County High School

Utilities

  • Central Air
  • Heating Available
  • Furnace
  • Well
  • Septic Tank

Additional Features

  • Front Porch
  • 84.92 Acre Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 16665

Home Details

Home Type

Single Family

Est. Annual Taxes

$903

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 84.92
  • Directions: TAKE MOUNTAIN RD FROM HALIFAX TAKE RIGHT ON CHATHAM RD GO ABOUT 10MILES LEFT ON CHEERFUL LANE PROPERTY ON THE LEFT
  • Above Grade Finished Sq Ft: 1406
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Structure Type: Site Built
  • Year Built: 1960
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Refrigerator
  • Has Basement: None, Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Vinyl, Hardwood
  • Interior Amenities: Entrance Foyer
  • Living Area: 1406

Exterior Features

  • Lot Features: 50-100 Acres
  • View: Country
  • View: Yes
  • Waterfront Features: N/A - Not Waterfront
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Aluminum Siding, Vinyl Siding
  • Patio And Porch Features: Porch, Front
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: No Garage, No Carport, Gravel

Utilities

  • Laundry Features: Washer Hookup, Electric Dryer Hookup
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Furnace
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Meadville Elementary
  • High School: Halifax County High
  • Middle Or Junior School: Halifax County Middle

Lot Info

  • Lot Size Sq Ft: 3699115.2
  • Parcel #: 16665
  • Zoning: .
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2013
Closed on
Nov 20, 2013
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Valley Richard K
Buyer's Agent
Non Member Non Member
Non-Member
List Price
$184,900
Sold Price
$120,000
Premium/Discount to List
-$64,900
-35.1%
Current Estimated Value
$284,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$164,000
Avg. Annual Appreciation
7.65%
Original Mortgage
$122,580
Outstanding Balance
$92,318
Interest Rate
4.25%
Mortgage Type
VA
Estimated Equity
$191,682
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Valley Richard K $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Valley Richard K $122,580
Previous Owner Alexander Almars $195,000
Previous Owner Martin Richard E $146,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2014 04/04/14 Off Market $120,000 -- --
12/27/2013 12/27/13 Sold $120,000 -35.1% $85 / Sq Ft
12/05/2013 12/05/13 Pending -- -- --
06/28/2013 06/28/13 For Sale $184,900 -- $132 / Sq Ft
Source: Southern Piedmont Land & Lake 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 $903 $180,533 $153,522 $27,011
2024 $903 $180,533 $153,522 $27,011
2023 $901 $180,157 $153,522 $26,635
2022 $901 $180,157 $153,522 $26,635
2021 $906 $181,123 $153,522 $27,601
2020 $906 $181,123 $153,522 $27,601
2019 $847 $169,316 $138,819 $30,497
2018 $813 $169,316 $138,819 $30,497
2016 $817 $170,112 $138,818 $31,294
2015 $817 $170,112 $138,818 $31,294
2014 $783 $170,112 $138,818 $31,294
2013 $976 $216,957 $168,386 $48,571
Source: Public Records

Agents Affiliated with this Home

  • N

    Buyer's Agent in 2013

    Non Member Non Member

    Non-Member

See All Agents

Map

Source: Southern Piedmont Land & Lake Association of REALTORS®

MLS Number: 57068

APN: 16665

Virginia Halifax County Vernon Hill 24597

1116 Cheerful Ln, Vernon Hill, VA

This home is located at 1116 Cheerful Ln, Vernon Hill, VA 24597 since 28 June 2013 and is currently estimated at $284,000, approximately $201 per square foot. This property was built in 1960. 1116 Cheerful Ln is a home located in Halifax County with nearby schools including Meadville Elementary School, Halifax County Middle School, and Halifax County High School.

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