NOT LISTED FOR SALE

165 Cedar Gate Rd Monroe, VA 24574

Estimated Value: $175,000 - $245,000

2 Beds
1 Bath
1,064 Sq Ft
$187/Sq Ft Est. Value

Last Sold October 13, 2023

Last sale price $153,000 $144 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $1,092/month

39 Days on Market

Highlights

  • Wood Flooring
  • Fenced Yard
  • Laundry Room
  • Screened Porch
  • Home Security System
  • Bungalow

About This Home

As of October 2023

This absolutely lovely bungalow rests in a quiet, rural neighborhood in Monroe. The seller is only the second owner, and both owners have done a wonderful job of maintaining its beauty and longevity. The interior features hardwood floors, built-ins, large bedrooms, well-kept original fixtures (including the beautiful kitchen sink), huge living room, and laundry room. The entire back side of the house has been redone in the last two years, including new siding and new roof. The lot boasts a large, paved driveway, while a picket fence encloses the front yard, primed for gardening with rose bushes and butterfly bushes. The back of the lot has amazing gardening and landscape potential. The portion adjacent to the house is flat and would be perfect for a patio. The unfinished basement/craw space has much storage and workshop potential.

Last Agent to Sell the Property

Lindsay Kirkland

T.Y. Realty Incorporated License #0225251530 Listed on: 05/05/2023

Last Buyer's Agent

Lindsay Kirkland

T.Y. Realty Incorporated License #0225251530 Listed on: 05/05/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $490

Year Built

  • Built in 1942

Lot Details

  • 1.4 Acre Lot
  • Fenced Yard
  • Landscaped
  • Garden
  • Property is zoned R2

Parking

  • Off-Street Parking

Home Design

  • Bungalow
  • Metal Roof

Interior Spaces

  • 1,064 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Screened Porch
  • Attic Access Panel
  • Electric Range
  • Laundry Room

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Basement

  • Exterior Basement Entry
  • Crawl Space

Home Security

  • Home Security System
  • Fire and Smoke Detector

Schools

  • Elon Elementary School
  • Monelison Midl Middle School
  • Amherst High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 137C4A22

Home Details

Home Type

Single Family

Est. Annual Taxes

$490

Year Built

Built in 1942

Lot Details

0

Listing Details

  • FILLACRES: 1.4000
  • Directions: From Madison Heights, take 29 N Business. Left on Cedar Gate (approx 1 mile from Anderson's Market). House is on the left.
  • Lot Measurement: Acres
  • Lot Sq Ft: 60984.00
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 137C4A22
  • Year Built: 1942
  • Heating System: Heat Pump
  • Building Stories: One
  • Dwelling Styles: Bungalow
  • Foyer Area: 35.750000
  • Laundryroom Dim: 6.000 x 4.000
  • Laundryroom Len: 6.000
  • Living Room Dim: 13.500 x 20.500
  • Livingroom Len: 13.500
  • Livingroom Wid: 20.500
  • Masterbedroom Area: 155.250000
  • Master Bedroom Dim: 13.500 x 11.500
  • Masterbedroom Len: 13.500
  • Masterbedroom Wid: 11.500
  • Office Dim: 0.000 x 0.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 1.00
  • Bathrooms Display: 1 (1 0)
  • Lower Floor 1 Bedrooms: 2
  • Broker Approved: Yes
  • Legal Description: MONROE ADJ CHURCH PARSONAGE
  • Reciprocal Listing: No
  • Second Bedroom: 11.50x13 Level: Level 1 Above Grade
  • Second Bedroom Area: 149.500000
  • Above Grade Finished Sq Ft: 1064.00
  • ApplianceConvey: Range-Elec, Refrigerator
  • Has Attic: Access
  • Has Basement: Crawl Space, Exterior Entrance
  • Flooring: Hardwood, Vinyl, Wood
  • Year Built Exception: 0
  • Foyer: 5.50x6.50 Level:
  • Level 1 Full Bathrooms: 1
  • Interior Amenities: Cable Available, Ceiling Fan(s), Main Level Bedroom, Security System, Smoke Alarm
  • Dining Kitchen: 14x13 Level: Level 1 Above Grade
  • Laundry: Laundry Room
  • Laundry Room: 6x4 Level: Level 1 Above Grade
  • Living Room: 13.50x20.50 Level: Level 1 Above Grade
  • Master Bedroom: 13.50x11.50 Level: Level 1 Above Grade
  • Screened Porch: 6x4 Level: Level 1 Above Grade
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 182.000000
  • Laundry Room Area: 24.000000
  • LivingRoom Area: 276.750000
  • Est Other Room1 Dim: 0.000 x 0.000
  • Est Other Room2 Dim: 0.000 x 0.000
  • Est Other Room3 Dim: 0.000 x 0.000
  • Rec Room Dim: 0.000 x 0.000
  • Sunroom Dim: 0.000 x 0.000

Exterior Features

  • Roof: Metal
  • New Construction: Completed
  • Exterior Features: Off-Street Parking, Fenced Yard, Garden Space, Landscaped, Screened Porch

Garage/Parking

  • Garage Dim: 0.000 x 0.000

Utilities

  • Utility Electric: AEP/Appalachian Powr
  • Air Conditioner: Central Electric
  • Sewer: Septic Tank
  • Hot Water: County
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors

Schools

  • Elementary School: Elon Elem
  • High School: Amherst High
  • Middle School: Monelison Midl
  • School District: Amherst

Lot Info

  • Lot Sq Ft: 1064.00
  • Zoning: R2

Tax Info

  • Estimated Taxes: 490

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2023
Closed on
Sep 28, 2023
Sold by
Andrews Manuela
Bought by
Sheridan Noreen
Seller's Agent
Lindsay Kirkland
T.Y. Realty Incorporated
Buyer's Agent
Lindsay Kirkland
T.Y. Realty Incorporated
List Price
$150,000
Sold Price
$153,000
Premium/Discount to List
$3,000
2%
Views
314
Current Estimated Value
$198,867

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,867
Avg. Annual Appreciation
13.72%
Original Mortgage
$153,000
Outstanding Balance
$151,404
Interest Rate
7.18%
Mortgage Type
USDA
Estimated Equity
$47,463

Purchase Details

Closed on
Jan 20, 2014
Sold by
Phlegar Kathleen W and Anderson Kathleen Watson
Bought by
Andrews Manuela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,020
Interest Rate
4.5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Sheridan Noreen -- Performance Title
Andrews Manuela $50,000 Fidelity Natl Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sheridan Noreen $153,000
Previous Owner Andrews Manuela $51,020
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/13/2023 10/13/23 Sold $153,000 +2.0% $144 / Sq Ft
06/13/2023 06/13/23 Pending -- -- --
05/05/2023 05/05/23 For Sale $150,000 -- $141 / Sq Ft
Source: Lynchburg 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 $609 $99,900 $25,000 $74,900
2024 $490 $80,400 $25,000 $55,400
2023 $490 $80,400 $25,000 $55,400
2022 $490 $80,400 $25,000 $55,400
2021 $490 $80,400 $25,000 $55,400
2020 $490 $80,400 $25,000 $55,400
2019 $502 $82,300 $31,000 $51,300
2018 $502 $82,300 $31,000 $51,300
2017 $502 $82,300 $31,000 $51,300
2016 $502 $82,300 $31,000 $51,300
2015 $461 $82,300 $31,000 $51,300
2014 $461 $82,300 $31,000 $51,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 343960

APN: 137C4-A-22