NOT LISTED FOR SALE

1550 Dry Bridge Rd Chatham, VA 24531

Estimated Value: $150,000 - $220,082

3 Beds
2 Baths
1,352 Sq Ft
$146/Sq Ft Est. Value

Last Sold November 30, 2023

Last sale price $165,000 $122 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $1,138/month

98 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • Garden
  • Chatham Elementary School Rated A-
  • Attached Carport
  • Forced Air Heating and Cooling System

About This Home

As of November 2023

Great one level living ranch home with 3 bedrooms, 2 bathrooms and laundry on entry level! Spacious kitchen with island, living room and dining room. Full, unfinished basement with flue for woodstove hookup. Generator hookup available.

Last Agent to Sell the Property

Billy Kingery

MOUNTAIN TO LAKE REALTY License #0225171683 Listed on: 07/10/2023

Co-Listed By

Julie Kingery

MOUNTAIN TO LAKE REALTY License #0225175848

Last Buyer's Agent

Non Member Transaction Agent

Non-Member Transaction Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $863

Year Built

  • Built in 2005

Lot Details

  • 0.49 Acre Lot
  • Level Lot
  • Garden

Home Design

  • Ranch Style House

Interior Spaces

  • 1,352 Sq Ft Home
  • Flue
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 1 Parking Space
  • Attached Carport

Schools

  • Chatham Elementary School
  • Chatham Middle School
  • Chatham High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 19

Home Details

Home Type

Single Family

Est. Annual Taxes

$863

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Interior Features: Flue Available
  • Heating System: Forced Air Gas
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Full
  • Cooling System: Central Cooling
  • Outside Features: Garden Space
  • BedroomsBREntryLevel: 3
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 1352.00
  • LaundryLaundryEntryLevel: 1
  • Major Area: 16 - Pittsylvania County
  • NumberPrimCovSpaces: 1.00
  • Hoa2 Or Poa: No
  • Primary Covered Parking S Q F T: 364
  • PrimCoveredPrking: Carport Attached
  • Residential Type: Detached
  • Style Of House: Ranch
  • Total Above Grd Fin S Q F T: 1352
  • TotalBdrm: 3
  • TotalBths: 2.00
  • TotalCovdPrkSpc: 1.00
  • TotalFBaths: 2
  • Total Finished Sq Ft: 1352.00
  • TotalUnfin Sq Ft: 1352.00
  • Unfinished Attached S Q F T Lower Below Grd Unfin S Q F T: 1352.00
  • Water Class: N/A
  • Water Htr Energy: Electric
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement YN: Yes

Utilities

  • Sewer Description: Private Septic
  • Water Description: Private Well
  • Water Heater Type: Tank

Lot Info

  • Lot Description: Gentle Slope, Level Lot
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.49
  • Lot: 19
  • ZoningCode: R-1

Building Info

  • Year Built: 2005

Tax Info

  • Taxes (6 mo): 863.04

MLS Schools

  • Elementary School: Chatham Elementary
  • HighSchool: Chatham High
  • Middle School: Chatham Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2023
Closed on
Dec 1, 2023
Sold by
Witcher David C and Witcher David
Bought by
Bennett Sarah and Doss Jacob R
Seller's Agent
Billy Kingery
MOUNTAIN TO LAKE REALTY
Buyer's Agent
Non Member Transaction Agent
Non-Member Transaction Office
List Price
$224,900
Sold Price
$165,000
Premium/Discount to List
-$59,900
-26.63%
Views
478
Current Estimated Value
$197,271

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,271
Avg. Annual Appreciation
9.25%
Original Mortgage
$156,750
Outstanding Balance
$154,212
Interest Rate
7.63%
Mortgage Type
New Conventional
Estimated Equity
$43,059
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Bennett Sarah $165,000 Investors Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bennett Sarah $156,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/30/2023 11/30/23 Sold $165,000 -2.9% $122 / Sq Ft
10/16/2023 10/16/23 Pending -- -- --
10/16/2023 10/16/23 Price Changed $170,000 -5.6% $126 / Sq Ft
08/29/2023 08/29/23 Price Changed $180,000 -5.3% $133 / Sq Ft
08/10/2023 08/10/23 Price Changed $190,000 -15.5% $141 / Sq Ft
07/10/2023 07/10/23 For Sale $224,900 -- $166 / Sq Ft
Source: Roanoke Valley 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
2025 $1,205 $215,200 $12,000 $203,200
2024 $1,205 $215,200 $12,000 $203,200
2023 $1,205 $215,200 $12,000 $203,200
2022 $983 $139,200 $12,000 $127,200
2021 $863 $139,200 $12,000 $127,200
2020 $863 $139,200 $12,000 $127,200
2019 $863 $139,200 $12,000 $127,200
2018 $863 $139,200 $12,000 $127,200
2017 $647 $139,200 $12,000 $127,200
2016 $647 $137,200 $11,000 $126,200
2015 $648 $137,200 $11,000 $126,200
2011 -- $130,900 $11,000 $119,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 899750

Roanoke Valley Association of REALTORS®

APN: 2417-50-0243