NOT LISTED FOR SALE

1261 Cherrystone Rd Chatham, VA 24531

Estimated Value: $128,000 - $228,000

3 Beds
1.5 Baths
1,423 Sq Ft
$137/Sq Ft Est. Value

Last Sold December 08, 2014

Last sale price $105,000 $74 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $1,235/month

254 Days on Market

Highlights

  • Ranch Style House
  • Wood Flooring
  • Forced Air Heating and Cooling System
  • Chatham Elementary School Rated A-
  • Rear Porch
  • Wood Burning Fireplace

About This Home

As of December 2014

Ready to move in 3 BR and 1.5 BA brick ranch in convenient Tightsqueeze area. Hardwood floors in bedrooms just refinished and new carpet in family room. Large eat-in kitchen area. Solid 10x20 back porch area to enjoy the outdoors. Located about half mile from HWY 29 for convenience to shopping and travel.

Last Agent to Sell the Property

Kevin Owen

JEFF DAVIS & ASSOCIATES, LLC License #0225088809 Listed on: 02/15/2014

Last Buyer's Agent

John Quinn

GIBSON REALTY & ASSOCIATES, INC. License #0225060241

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $599

Year Built

  • Built in 1969

Lot Details

  • 0.6

Parking

  • No Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • 1,423 Sq Ft Home
  • Wood Burning Fireplace
  • Self Contained Fireplace Unit Or Insert
  • Family Room with Fireplace
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Rear Porch

Schools

  • Chatham Elementary And Middle School
  • Chatham High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Heating System Uses Wood
  • Furnace
  • Well

Home Details

Home Type

Single Family

Est. Annual Taxes

$599

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Road Frontage
  • Road Surface Type: Paved
  • Subdivision Name: No Subdivision
  • Directions: From Danville take HWY 29 north to Tightsqueeze area. Left on Tightsqueeze Rd at stoplight. Then right on Cherrystone Rd. First home on right on Cherrystone Rd.
  • Above Grade Finished Sq Ft: 1423
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Year Built: 1969
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Electric Range
  • Has Basement: Full, Unfinished
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: One, Family Room, Wood Burning, Insert
  • Fireplace: Yes
  • Flooring: Wall/Wall Carpet, Vinyl, Hardwood
  • Interior Amenities: 1st Floor Bedroom, 1st Floor Master Bedroom
  • Living Area: 1423
  • Bathroom 1 Area: 20
  • Room Family Room Area: 243

Exterior Features

  • Lot Features: Less than 1 acre
  • Home Warranty: No
  • Construction Type: Brick
  • Patio And Porch Features: Porch, Back
  • Property Condition: 41 to 75 Years Old
  • Roof: 6 to 10 Years Old

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage, No Carport

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Wood, Oil, Furnace, Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Well

Schools

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

Lot Info

  • Zoning: R-1

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 598.64

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2014
Closed on
Nov 21, 2014
Sold by
Thomas Frank H
Bought by
Bowen James G
Seller's Agent
Kevin Owen
JEFF DAVIS & ASSOCIATES, LLC
Buyer's Agent
John Quinn
GIBSON REALTY & ASSOCIATES, INC.
List Price
$120,000
Sold Price
$105,000
Premium/Discount to List
-$15,000
-12.5%
Current Estimated Value
$209,856

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,856
Avg. Annual Appreciation
6.54%
Original Mortgage
$99,750
Outstanding Balance
$78,719
Interest Rate
4.13%
Mortgage Type
New Conventional
Estimated Equity
$127,931
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
Bowen James G $105,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bowen James G $99,750
Previous Owner Thomas Frank H $23,400
Previous Owner Thomas Frank H $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/08/2014 12/08/14 Sold $105,000 -12.5% $74 / Sq Ft
11/10/2014 11/10/14 Pending -- -- --
02/28/2014 02/28/14 For Sale $120,000 -- $84 / 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 $1,033 $184,500 $18,000 $166,500
2023 $1,033 $184,500 $18,000 $166,500
2022 $886 $123,600 $18,000 $105,600
2021 $766 $123,600 $18,000 $105,600
2020 $766 $123,600 $18,000 $105,600
2019 $766 $123,600 $18,000 $105,600
2018 $766 $123,600 $18,000 $105,600
2017 $654 $123,600 $18,000 $105,600
2016 $654 $110,900 $18,000 $92,900
2015 $654 $110,900 $18,000 $92,900
2011 -- $106,900 $14,000 $92,900
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2014

    Kevin Owen

    JEFF DAVIS & ASSOCIATES, LLC

    (434) 441-0254

    4 Total Sales

    Section Image

  • J

    Buyer's Agent in 2014

    John Quinn

    GIBSON REALTY & ASSOCIATES, INC.

    (434) 489-5815

    20 Total Sales

    Section Image
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Map

Source: Dan River Region Association of REALTORS®

MLS Number: 50859

APN: 2414-88-7030

Virginia Pittsylvania County Chatham 24531

1261 Cherrystone Rd, Chatham, VA

This home is located at 1261 Cherrystone Rd, Chatham, VA 24531 since 15 February 2014 and is currently estimated at $194,713, approximately $136 per square foot. This property was built in 1969. 1261 Cherrystone Rd is a home located in Pittsylvania County with nearby schools including Chatham Elementary School, Chatham Middle School, and Chatham High School.

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