$525,000
SOLD NOV 1, 2024

12433 Us Highway 29 Chatham, VA 24531

5 Beds
4.5 Baths
3,406 Sq Ft
5.5 Acres

Recently Sold

$154 Per Sq Ft

16% Below List Price

197 Days on Market

Highlights

  • Horses Allowed On Property
  • Greenhouse
  • Colonial Architecture
  • Chatham Elementary School Rated A-
  • Outdoor Pool
  • Deck

About This Home

As of November 2024

This Beautiful Historic 5 Bedroom 4.5 Bath Antebellum Home & 5.5 Acres is located on HWY 29 minutes from the City of Danville and Town of Chatham. The first floor offers multiple living room spaces w/ heart pine floors, sitting room, dining room, kitchen w/ lots of counter space, pantry, florida room, oversized master w/ a private bath and large closet. The upstairs offers 4 additional bedrooms of which 2 have their own private bath and 2 share a bath. There is also access to the balcony. Outside there is a circle driveway, generator, fenced pool, playground, outbuildings, shed & pool house cottage. Being a short distance from Caesars Casino, Virginia International Raceway, Martinsville Speedway and several Vineyards make this a GREAT Venue or Bed & Breakfast possibility. Live & work here!

Last Agent to Sell the Property

Diron Clements

WILKINS & CO., REALTORS, INC. Brokerage Phone: 4347974007 License #0225193245 Listed on: 04/17/2024

Last Buyer's Agent

ROBERT L CHENERY

WILKINS & CO., REALTORS, INC. License #0225155078

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,378

Year Built

  • Built in 1800

Lot Details

  • 5.5 Acre Lot
  • Hunting Land
  • Fenced
  • Level Lot
  • Wooded Lot
  • Property is zoned A-1

Parking

  • No Garage

Home Design

  • Colonial Architecture
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 3,406 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Ceiling Fan
  • Multiple Fireplaces
  • Dining Room
  • Home Office
  • Recreation Room
  • Sun or Florida Room
  • Partial Basement

Kitchen

  • Oven
  • Gas Range

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Outdoor Features

  • Outdoor Pool
  • Deck
  • Patio
  • Greenhouse
  • Outbuilding
  • Front Porch

Schools

  • Chatham Elementary And Middle School
  • Chatham High School

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Zoned Heating and Cooling System
  • Furnace
  • Bottled Gas Heating
  • Well
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 2424122824

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,378

Year Built

Built in 1800

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Horses: Yes
  • Lot Size Acres: 5.5
  • Road Frontage Type: Road Frontage
  • Road Surface Type: Paved
  • Subdivision Name: No
  • Directions: US 29 toward Chatham. Home on the left just past Co-Part and the Wilkins & Co. County office
  • Above Grade Finished Sq Ft: 3406
  • Architectural Style: Two Story, Colonial
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Year Built: 1800
  • Attribution Contact: 4347974007
  • Special Features: None

Interior Features

  • Appliances: Oven, Gas Range, Refrigerator
  • Has Basement: Partial
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Three or More
  • Fireplace: Yes
  • Flooring: Tile, Hardwood
  • Interior Amenities: Office/Study, Walk-In Closet(s), High Ceilings, 1st Floor Bedroom, Ceiling Fan(s), 1st Floor Master Bedroom, Rec Room, Florida Room, Dining Room
  • Living Area: 3406

Exterior Features

  • Fencing: Fenced
  • Lot Features: 1-5 acres, 5-10 acres, Wooded, Level, Hunting Privileges, Horses Permitted
  • Pool Features: Outdoor Pool
  • Home Warranty: No
  • Construction Type: Wood Siding
  • Exterior Features: Masonry Sidewalks
  • Other Structures: Outbuilding, Garden/Greenhouse
  • Patio And Porch Features: Patio, Porch, Deck, Front, Back, Side Porch
  • Property Condition: 75 Plus Years Old
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage

Utilities

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

Schools

  • Elementary School: Chatham
  • High School: Chatham
  • Middle Or Junior School: Chatham

Lot Info

  • Lot Size Sq Ft: 239580
  • Parcel #: 2424122824
  • Zoning: A-1
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 4378

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2024
Closed on
Nov 1, 2024
Sold by
Walker Brian K
Bought by
Ccp2 Holdings Inc Llc
Seller's Agent
Diron Clements
WILKINS & CO., REALTORS, INC.
Buyer's Agent
ROBERT L CHENERY
WILKINS & CO., REALTORS, INC.
List Price
$625,000
Sold Price
$525,000
Premium/Discount to List
-$100,000
-16%
Views
107
Current Estimated Value
$581,285

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,285
Avg. Annual Appreciation
9.90%
Original Mortgage
$367,500
Outstanding Balance
$341,690
Interest Rate
7.25%
Mortgage Type
Credit Line Revolving
Estimated Equity
$223,978
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 Type Sale Price Title Company
Bargain Sale Deed $525,000 All Virginia Title
Bargain Sale Deed $525,000 All Virginia Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $367,500 Credit Line Revolving
Closed $367,500 Credit Line Revolving
Previous Owner $300,000 Credit Line Revolving
Previous Owner $150,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2024 11/01/24 Sold $525,000 -16.0% $154 / Sq Ft
04/17/2024 04/17/24 For Sale $625,000 -- $183 / Sq Ft
Source: Dan River Region 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
2024 $3,104 $554,300 $78,900 $475,400
2023 $3,104 $554,300 $78,900 $475,400
2022 $3,178 $493,300 $78,900 $414,400
2021 $3,058 $493,300 $78,900 $414,400
2020 $3,058 $493,300 $78,900 $414,400
2019 $0 $493,300 $78,900 $414,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Dan River Region Association of REALTORS®

MLS Number: 69680

APN: 2424-12-2824