NOT LISTED FOR SALE

1238 E Hyco Rd South Boston, VA 24592

Estimated Value: $110,000 - $175,000

2 Beds
1 Bath
1,131 Sq Ft
$127/Sq Ft Est. Value

Last Sold January 29, 2021

Last sale price $60,000 $53 Per Sq Ft

Est. 140% increase in value since last sale

Current estimated payment $794/month

75 Days on Market

Highlights

  • Countryside Views
  • Ranch Style House
  • No HOA
  • Clubhouse
  • Wood Flooring
  • Front Porch

About This Home

As of January 2021

Great investment property or starter home located in the Cluster Springs School District. Home has a large eat-in kitchen, living room, two bedrooms and full bathroom. There is a bonus room that is currently being used as a laundry/mud room. Nice, level back yard. Front yard is shaded and features a circular paved driveway. Please note: This home is being sold strictly AS-IS and will not pass any government back loans such as FHA, VA or VHDA. For sale only...not for rent.

Last Agent to Sell the Property

Rhonda Buckley

Long and Foster - South Boston License #0225199897 Listed on: 10/14/2020

Last Buyer's Agent

Ken Buckley

Long and Foster - South Boston License #0225225056

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $481

Year Built

  • Built in 1958

Lot Details

  • 0.6 Acre Lot
  • Property is zoned R1

Property Views

  • Countryside Views
  • Neighborhood Views

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 1,131 Sq Ft Home
  • Crawl Space

Kitchen

  • Electric Range
  • Microwave

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry on main level
  • Washer and Electric Dryer Hookup

Parking

  • 1 Parking Space
  • 1 Attached Carport Space
  • Open Parking

Outdoor Features

  • Front Porch
  • Stoop

Schools

  • Cluster Springs Elementary School
  • Halifax County Middle School
  • Halifax County High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Clubhouse

Listing and Financial Details

  • Assessor Parcel Number 10183

Home Details

Home Type

Single Family

Est. Annual Taxes

$481

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.6
  • Directions: Take US Hwy 501 South from Riverdale. Take left onto E Hyco Road. Go approximately one mile and property will be on the right. Sign in place.
  • Above Grade Finished Sq Ft: 1131
  • Architectural Style: Ranch
  • Carport Y N: Yes
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Site Built
  • Year Built: 1958
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, Electric Range, Microwave, Refrigerator
  • Has Basement: None, Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Hardwood, Vinyl
  • Interior Amenities: 1st Floor Bedroom
  • Living Area: 1131

Exterior Features

  • Lot Features: Under 1 Acre
  • View: Country, Neighborhood
  • View: Yes
  • Waterfront Features: N/A - Not Waterfront
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Brick
  • Exterior Features: Clubhouse
  • Patio And Porch Features: Front, Stoop
  • Roof: Composition

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 1
  • Covered Parking Spaces: 1
  • Open Parking: Yes
  • Parking Features: Carport-Single Attached, Asphalt
  • Total Parking Spaces: 1

Utilities

  • Laundry Features: 1st Floor Laundry, Electric Dryer Hookup, Washer Hookup, Laundry Room
  • Security: Surveillance Cameras: No
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Cluster Springs Elementary
  • High School: Halifax County High
  • Middle Or Junior School: Halifax County Middle

Lot Info

  • Lot Size Sq Ft: 26136
  • Parcel #: 10183
  • Zoning: R1
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Above Grade Finished Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2020
Closed on
Jan 28, 2021
Sold by
Special K Enterprises Llc
Bought by
Chitwood Jonathan E
Seller's Agent
Rhonda Buckley
Long and Foster - South Boston
Buyer's Agent
Ken Buckley
Long and Foster - South Boston
List Price
$79,900
Sold Price
$60,000
Premium/Discount to List
-$19,900
-24.91%
Current Estimated Value
$144,194

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,194
Avg. Annual Appreciation
20.27%
Original Mortgage
$48,000
Outstanding Balance
$44,703
Interest Rate
2.67%
Mortgage Type
New Conventional
Estimated Equity
$99,491

Purchase Details

Closed on
Nov 28, 2018
Sold by
Benchmark Community Bank
Bought by
Special K Enterprises Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
4.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 24, 2018
Sold by
Clement & Wheatley A Professional Corp
Bought by
Benchmark Community Bank

Purchase Details

Listed on
Mar 21, 2012
Closed on
May 3, 2012
Sold by
Lacks Gregory D and Robertson Imogene W
Bought by
Kgc Properties Llc
List Price
$69,900
Sold Price
$69,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.52%
Original Mortgage
$70,000
Interest Rate
4.08%
Mortgage Type
Land Contract Argmt. Of Sale
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
Chitwood Jonathan E $60,000 None Listed On Document
Special K Enterprises Llc $51,500 Attorney
Benchmark Community Bank $60,000 None Available
Kgc Properties Llc $69,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chitwood Jonathan E $48,000
Previous Owner Special K Enterprises Llc $60,000
Previous Owner Kgc Properties Llc $70,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/02/2021 05/02/21 Off Market $60,000 -- --
01/29/2021 01/29/21 Sold $60,000 -24.9% $53 / Sq Ft
12/29/2020 12/29/20 Pending -- -- --
10/14/2020 10/14/20 For Sale $79,900 +14.3% $71 / Sq Ft
05/07/2012 05/07/12 Sold $69,900 0.0% $62 / Sq Ft View Prior Sale
04/30/2012 04/30/12 Pending -- -- --
04/05/2012 04/05/12 For Sale $69,900 -- $62 / 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 $481 $96,216 $10,000 $86,216
2024 $481 $96,216 $10,000 $86,216
2023 $400 $80,081 $10,000 $70,081
2022 $400 $80,081 $10,000 $70,081
2021 $325 $64,974 $10,000 $54,974
2020 $325 $64,974 $10,000 $54,974
2019 $325 $64,974 $10,000 $54,974
2018 $312 $64,974 $10,000 $54,974
2016 $317 $66,043 $10,000 $56,043
2015 $317 $66,818 $10,000 $56,818
2014 $307 $66,818 $10,000 $56,818
2013 $345 $76,728 $10,000 $66,728
Source: Public Records

Agents Affiliated with this Home

  • Rhonda Buckley

    Seller's Agent in 2021

    Rhonda Buckley

    Long and Foster - South Boston

    (434) 579-3785

    43 in this area

    93 Total Sales

    Rhonda Buckley
    Section Image
  • Ken Buckley

    Buyer's Agent in 2021

    Ken Buckley

    Long and Foster - South Boston

    (434) 362-2220

    62 in this area

    297 Total Sales

    Ken Buckley
    Section Image
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Map

Source: Southern Piedmont Land & Lake Association of REALTORS®

MLS Number: 63945

APN: 10183

Virginia Halifax County South Boston 24592

1238 E Hyco Rd, South Boston, VA

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