NOT LISTED FOR SALE

131 Melrose Dr Rose Hill, VA 24281

Estimated Value: $74,000 - $153,000

3 Beds
2 Baths
1,000 Sq Ft
$108/Sq Ft Est. Value

About This Home

This home is located at 131 Melrose Dr, Rose Hill, VA 24281 and is currently estimated at $107,723, approximately $107 per square foot. 131 Melrose Dr is a home located in Lee County.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 3, 2024
Sold by
Long Larry and Long Carolyn
Bought by
Long Wesley D and Long Andrea
Current Estimated Value
$107,723

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,000
Outstanding Balance
$137,572
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
-$29,849

Purchase Details

Closed on
Mar 15, 2016
Sold by
Taylor John Michael and Johnston Melesia Ann Taylor
Bought by
Long Larry and Long Carolyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
3.59%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
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
Long Wesley D $174,000 Commonwealth Title
Long Larry $28,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Long Wesley D $139,000
Previous Owner Long Larry M $50,000
Source: Public Records

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 $394 $53,300 $11,000 $42,300
2023 $330 $53,300 $11,000 $42,300
2022 $330 $53,300 $11,000 $42,300
2021 $330 $53,300 $11,000 $42,300
2020 $330 $93,900 $11,000 $82,900
2019 $330 $53,300 $11,000 $42,300
2018 $330 $53,300 $11,000 $42,300
2017 $330 $53,300 $11,000 $42,300
2016 $330 $53,300 $11,000 $42,300
Source: Public Records

Map

Virginia Lee County Rose Hill 24281

131 Melrose Dr, Rose Hill, VA

This home is located at 131 Melrose Dr, Rose Hill, VA 24281 and is currently estimated at $107,723, approximately $107 per square foot. 131 Melrose Dr is a home located in Lee County.

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