NOT LISTED FOR SALE

1282 Morehead Ave Ridgeway, VA 24148

Estimated Value: $472,643

3 Beds
2.5 Baths
2,339 Sq Ft
$202/Sq Ft Est. Value

Sale Details

Date Sold: August 30, 2022

Last sale price $415,000 $177 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $2,634 / mo

108 Days on Market

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 2022

Welcome 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

Cathy Spencer

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,305

Year Built

Built in 1980

Lot Details

91.8 Acres

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 91.8
  • Road Frontage Type: Road Frontage
  • Road Surface Type: Paved
  • Subdivision Name: Ridgeway
  • Directions: From Martinsville, 220 S to Ridgeway, Left on SR 87 (Morehead Ave) go 1.3 miles, turn right just past Wayside Baptist Church. No for sale sign.
  • Above Grade Finished Sq Ft: 2339
  • Architectural Style: Ranch
  • Carport Y N: Yes
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Year Built: 1980
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Dishwasher, Electric Range
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: One, Gas Log
  • Fireplace: Yes
  • Flooring: Wall/Wall Carpet, Tile, Vinyl, Wood
  • Interior Amenities: 1st Floor Bedroom, Dining Room, 1st Floor Master Bedroom
  • Living Area: 2339

Exterior Features

  • Lot Features: 10+ acres
  • Home Warranty: No
  • Construction Type: Brick
  • Other Structures: Workshop, Outbuilding
  • Patio And Porch Features: Patio
  • Property Condition: 41 to 75 Years Old
  • Roof: Composition

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 4
  • Parking Features: Carport-Double Attached, Garage-Double Attached
  • Total Parking Spaces: 4

Utilities

  • Laundry Features: Electric Dryer Hookup, Washer Hookup, 1st Floor Laundry
  • Cooling: Heat Pump, Electric
  • Cooling Y N: Yes
  • Heating: Electric, Heat Pump
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Community

Schools

  • Elementary School: Drewry Mason Elem
  • High School: Magna Vista
  • Middle Or Junior School: Laurel Park

Lot Info

  • Lot Size Sq Ft: 3998808
  • Zoning: A-1 Agr
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1305.37

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2022
Closed on
Aug 30, 2022
Sold by
Bought by
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
$472,643

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,643
Avg. Annual Appreciation
3.46%
Original Mortgage
$315,000
Outstanding Balance
$301,156
Interest Rate
5.51%
Mortgage Type
New Conventional
Estimated Equity
$171,487

Purchase Details

Closed on
Oct 29, 2021
Sold by
Bought by
Source: Public Records
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$415,000 --
$505,000 Southern Virginia Legal Pllc
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $315,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

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Map

Source: Dan River Region Association of REALTORS®

MLS Number: 64843

APN: 125460003

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