Seller's Agent in 2022
Cathy Spencer
THE SPENCER GROUP RE AND AUCTION
(276) 732-8772
402 Total Sales
1282 Morehead Ave Ridgeway, VA 24148
Estimated Value: $474,785 - $486,000
3
Beds
2.5
Baths
2,339
Sq Ft
$205/Sq Ft
Est. Value
Highlights
- 91.8 Acre Lot
- Wood Flooring
- 4 Car Attached Garage
- Ranch Style House
- Separate Outdoor Workshop
- Cooling Available
About This Home
As of August 2022Welcome home to 1262 Morehead Ave. This spacious 2300 SF ranch is situated on 91 acres with 3 creeks! Conveniently located with easy drive to Martinsville, Eden, Danville or Greensboro. Also close to Martinsville Speedway! Home features 3 bedrooms, 2.5 baths, Living room, Dining room and Family room! Large eat-in kitchen recently remodeled with new cabinets and countertops, new appliances. Upgraded half bath. Imagine relaxing in the beautiful 16 x 28 sunroom. Central Vac system. In addition to the attached double garage, there is a garage/workshop, double detached carport and also an outbuilding! Masonry fireplace with gas logs (propane). Sump pump in crawl space. Sq. ft./lot size estimated. Information taken from tax assessment and/or seller.
Last Agent to Sell the Property
THE SPENCER GROUP RE AND AUCTION Listed on: 05/12/2022
Last Buyer's Agent
Non Member Mls
NON MEMBER OFFICE
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,305
Year Built
- Built in 1980
Lot Details
- 91.8 Acre Lot
- Property is zoned A-1 Agr
Home Design
- Ranch Style House
- Brick Exterior Construction
- Composition Roof
Interior Spaces
- 2,339 Sq Ft Home
- Gas Log Fireplace
- Dining Room
- Crawl Space
Kitchen
- Electric Range
- Dishwasher
Flooring
- Wood
- Wall to Wall Carpet
- Tile
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
Laundry
- Laundry on main level
- Washer and Electric Dryer Hookup
Parking
- 4 Car Attached Garage
- Attached Carport
Outdoor Features
- Patio
- Separate Outdoor Workshop
- Outbuilding
Schools
- Drewry Mason Elementary School
- Laurel Park Middle School
- Magna Vista High School
Utilities
- Cooling Available
- Heat Pump System
- Septic Tank
Community Details
- Ridgeway Subdivision
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 12, 2022
Closed on
Aug 30, 2022
Sold by
Knight Clausen Sheila
Bought by
Gervais Brian K and Gervais Christina M
Seller's Agent
Cathy Spencer
THE SPENCER GROUP RE AND AUCTION
Buyer's Agent
Non Member Mls
NON MEMBER OFFICE
List Price
$399,000
Sold Price
$415,000
Premium/Discount to List
$16,000
4.01%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,393
Avg. Annual Appreciation
4.38%
Original Mortgage
$315,000
Outstanding Balance
$301,156
Interest Rate
5.51%
Mortgage Type
New Conventional
Estimated Equity
$179,237
Purchase Details
Closed on
Oct 29, 2021
Sold by
Knight Clausen Sheila
Bought by
Ferguson Land & Lumber Co Inc
Create a Home Valuation Report for This Property
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Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Gervais Brian K | $415,000 | -- | |
| Ferguson Land & Lumber Co Inc | $505,000 | Southern Virginia Legal Pllc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Gervais Brian K | $315,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/30/2022 08/30/22 | Sold | $415,000 | +4.0% | $177 / Sq Ft |
| 08/30/2022 08/30/22 | Pending | -- | -- | -- |
| 05/13/2022 05/13/22 | For Sale | $399,000 | -- | $171 / Sq Ft |
Source: Dan River Region Association of REALTORS®
Tax History Compared to Growth
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 | $1,048 | $188,900 | $73,000 | $115,900 |
| 2024 | $1,048 | $188,900 | $73,000 | $115,900 |
| 2023 | $1,048 | $188,900 | $73,000 | $115,900 |
| 2022 | $1,048 | $188,900 | $73,000 | $115,900 |
| 2021 | $1,069 | $192,700 | $76,800 | $115,900 |
| 2020 | $1,055 | $190,100 | $76,800 | $113,300 |
| 2019 | $1,055 | $190,100 | $76,800 | $113,300 |
| 2018 | $105,506 | $190,100 | $76,800 | $113,300 |
| 2017 | $105,506 | $190,100 | $76,800 | $113,300 |
| 2016 | $94,086 | $192,800 | $76,800 | $116,000 |
| 2015 | $94,086 | $192,800 | $76,800 | $116,000 |
| 2014 | -- | $192,800 | $76,800 | $116,000 |
Source: Public Records
Agents Affiliated with this Home
-
Cathy Spencer
-
N
Buyer's Agent in 2022
Non Member Mls
NON MEMBER OFFICE
Map
Source: Dan River Region Association of REALTORS®
MLS Number: 64843
APN: 125460003
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