NOT LISTED FOR SALE

1159 Cedar Gate Rd Monroe, VA 24574

Estimated Value: $419,000 - $492,000

3 Beds
3.5 Baths
2,000 Sq Ft
$230/Sq Ft Est. Value

Last Sold August 25, 2023

Last sale price $435,000 $218 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,686/month

25 Days on Market

Highlights

  • Mountain View
  • Living Room with Fireplace
  • Wood Flooring
  • Deck
  • Recreation Room
  • Main Floor Primary Bedroom

About This Home

As of August 2023

Looking for a mini farm with close proximity to town with mountain views? Look no further! This property sits privately off the road on a little over 9 acres. Featuring a cape cod home with an attached garage, covered rocking chair front porch, fenced pasture, main level living, 4 bathrooms and complete privacy. Enter the home to find a large living room, formal dining room, main level master bedroom with a full bath, a guest half bath and plenty of closet/pantry space. Upstairs features two large bedrooms and a full bath. Downstairs offers additional living space, a full bathroom, and a garage. Off the kitchen is a newly remodeled deck with trex (2022). The outside is truly an oasis with plenty of wildlife present, barn space, landscaped, and ample amount of room to enjoy the outdoors. New main floor HVAC (2022), upstairs HVAC (2023)

Last Listed By

CHRISTINA HOLMES

KELLER WILLIAMS REALTY-LYNCHBURG License #0225218615 Listed on: 06/23/2023

KELLER WILLIAMS REALTY-LYNCHBURG

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,223

Year Built

  • Built in 2008

Lot Details

  • 9.32 Acre Lot
  • Landscaped
  • Open Lot
  • Garden
  • Property is zoned A-1 Agricultural General

Home Design

  • Concrete Block With Brick
  • Composition Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1.5-Story Property
  • Living Room with Fireplace
  • Dining Room
  • Recreation Room
  • Mountain Views
  • Washer and Dryer Hookup

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Primary Bedroom on Main
  • Bathroom on Main Level
  • Primary bathroom on main floor

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 1 Car Attached Garage
  • Basement Garage
  • Side Facing Garage

Outdoor Features

  • Deck
  • Front Porch

Schools

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

Utilities

  • Heat Pump System
  • Well
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 123A10B

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,223

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Type: Detached
  • Above Grade Finished Sq Ft: 1570
  • Below Grade Total Sq Ft: 430
  • Design: Cape Cod
  • L V T Date: 06/23/2023
  • Parcel Number: 123A10B
  • Price Per Sq Ft: 217.5
  • Total Sq Ft: 2482
  • Total Unfinished Sq Ft: 482
  • Type of Construction: On Site Built
  • Zoning: A-1 Agricultural General
  • Subdivision: NONE
  • Comments: No
  • Concatenated Rooms1: |Living Roo1|Dining Roo1|Master Bed1|Bedroom2|Bedroom2|Rec RoomB|Master BTH1|Full Bath2|Full BathB|Half Bath1|
  • Structures Deck Porch: Deck, Porch - Front
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Fireplace: Stone
  • Laundry: Dryer Hookup, Washer Hookup
  • Basement Type: Full, Inside Access, Outside Entrance
  • Room 1: Living Room,24x14,On Level: 1
  • Room 2: Dining Room,10.5x12,On Level: 1
  • Room 3: Master Bedroom,13x17,On Level: 1
  • Room 4: Bedroom,16x17,On Level: 2
  • Room 5: Bedroom,15x19,On Level: 2
  • Room 6: Rec Room,18x24,On Level: Basement
  • Room 7: Master Bath,On Level: 1
  • Room 8: Full Bath,On Level: 2
  • Room 9: Full Bath,On Level: Basement
  • Room 10: Half Bath,On Level: 1
  • Total Finished Sq Ft: 2000
  • Above Grade Finished Sq Ft: 1570
  • Basement: Yes
  • Below Grade Finished Sq Ft: 430
  • Fireplace Location: Living Room
  • Foundation: Concrete Block
  • Kitchen Appliances Feat: Dishwasher, Electric Range, Refrigerator
  • Land Description: Garden Spot, Landscaped, Open
  • Level: 1.5 Story
  • Primary Bathroom Main Level: Yes
  • Master Bedon Main Level: Yes
  • Bathrooms: 3.5
  • Below Grade Bathrooms: 1
  • Number of Main Level Bathrooms: 1.5
  • Number Beds: 3
  • Number Beds Main Level: 1
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Room Types: Bedroom, Dining Room, Full Bath, Half Bath, Kitchen, Living Room, Master Bedroom, Rec Room, Master Bath
  • Room Types Level1: Dining Room (L1), Half Bath (L1), Living Room (L1), Master Bedroom (L1)
  • Room Types Level2: Bedroom (L2+), Full Bath (L2+)
  • Room Types Level B: Full Bath (LB), Rec Room (LB)

Exterior Features

  • Exterior: Vinyl
  • Number Of Acres: 9.32
  • Roof: Composition Shingle
  • Structure Floors: Ceramic Tile, Hardwood
  • View: Mountain View

Garage/Parking

  • Garage: Yes
  • Below Grade Unfinished Garage: 482
  • Garage Features: Attached, Faces Side, In Basement
  • Number of Car Spaces: 1
  • Total Below Grade Garage: 482

Utilities

  • Cooling: Heat Pump
  • Heating: Heat Pump
  • Sewer/Septic System: Septic Tank
  • Water: Individual Well

Schools

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

Lot Info

  • Lot Features: Garden Space

Building Info

  • Year Built: 2008

Tax Info

  • Year: 2022
  • Taxes: 1223

MLS Schools

  • HighSchool: Amherst
  • Middle School: Monelison
  • Elementary School: Elon

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2023
Closed on
Aug 14, 2023
Sold by
Pomeroy Robin B
Bought by
Hallman Russell A and Hallman Kristen L
Seller's Agent
CHRISTINA HOLMES
KELLER WILLIAMS REALTY-LYNCHBURG
Buyer's Agent
NONMLSAGENT NONMLSAGENT
NONMLSOFFICE
List Price
$434,900
Sold Price
$435,000
Premium/Discount to List
$100
0.02%
Total Days on Market
25
Views
94
Current Estimated Value
$460,362

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,362
Avg. Annual Appreciation
3.39%
Original Mortgage
$348,000
Outstanding Balance
$341,922
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$118,440

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
Hallman Russell A $435,000 Westcor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hallman Russell A $348,000
Previous Owner Pomeroy Robin Bibb $20,000
Previous Owner Pomeroy Robin B $153,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2023 08/25/23 Sold $435,000 0.0% $218 / Sq Ft
07/18/2023 07/18/23 Pending -- -- --
06/23/2023 06/23/23 For Sale $434,900 -- $217 / Sq Ft
Source: Charlottesville area 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 $1,605 $263,100 $53,000 $210,100
2024 $1,605 $237,500 $53,000 $184,500
2023 $1,223 $200,500 $53,000 $147,500
2022 $1,223 $200,500 $53,000 $147,500
2021 $1,223 $200,500 $53,000 $147,500
2020 $1,223 $200,500 $53,000 $147,500
2019 $1,194 $195,700 $59,000 $136,700
2018 $1,249 $204,700 $68,000 $136,700
2017 $1,249 $204,700 $68,000 $136,700
2016 $1,249 $204,700 $68,000 $136,700
2015 $1,146 $204,700 $68,000 $136,700
2014 $1,146 $204,700 $68,000 $136,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Charlottesville area Association of Realtors®

MLS Number: 642956

Charlottesville area Association of Realtors®

APN: 123-A-10B