NOT LISTED FOR SALE

186 Cottonwood Dr Henry, VA 24102

Estimated Value: $183,419 - $276,000

2 Beds
1 Bath
1,137 Sq Ft
$187/Sq Ft Est. Value

Last Sold March 29, 2024

Last sale price $272,000 $239 Per Sq Ft

Est. 22% decrease in value since last sale

Current estimated payment $1,204/month

63 Days on Market

Highlights

  • Lake Front
  • Wood Burning Stove
  • 1 Fireplace
  • Deck
  • Wood Flooring
  • Screened Porch

About This Home

As of March 2024

Escape to the quiet beauty of Philpott Lake, where this charming house sits nestled on 4.78 acres of tranquility. Bordering Salthouse Branch Campground, the property offers easy access to a public beach, lake-access, and extensive hiking trails. The home features 2 bedrooms, a bonus room suitable for a king-size bed or an office. The inviting living spaces has hardwood floors and a fireplace. Sold with some furnishings and extra amenities. The kitchen opens to a screened porch, and a spacious wrap-around deck, perfect for enjoying your morning coffee. With no restrictions, this property is an ideal choice for a full-time residence, a weekend retreat, or a flexible Airbnb opportunity.

Last Agent to Sell the Property

Rebecca Melton

Wainwright & Co REALTORS Brokerage Phone: 5403875800 License #0225250370 Listed on: 12/26/2023

Last Buyer's Agent

Non Member Office

Non Member Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $504

Year Built

  • Built in 1970

Lot Details

  • 4.78 Acre Lot
  • Lake Front

Home Design

  • Permanent Foundation
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 1,137 Sq Ft Home
  • Ceiling Fan
  • 1 Fireplace
  • Wood Burning Stove
  • Blinds
  • Screened Porch

Kitchen

  • Self-Cleaning Oven
  • Electric Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Concrete

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Home Security

  • Storm Windows
  • Fire and Smoke Detector

Parking

  • Dirt Driveway
  • Open Parking

Outdoor Features

  • Deck
  • Outbuilding

Utilities

  • Cooling Available
  • Heat Pump System
  • Spring water is a source of water for the property
  • Electric Water Heater
  • Private Sewer

Home Details

Home Type

Single Family

Est. Annual Taxes

$504

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Subdivision Name: Other
  • Carport Y N: No
  • Garage Yn: No
  • Year Built: 1970
  • Attribution Contact: 5403875800
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, As Is, Dishwasher, Dryer, Electric Range, Refrigerator, Self Cleaning Oven, Washer
  • Other Equipment: No Farm Equipment
  • Has Basement: None
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: 1, Wood Burning Stove, Electric
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Concrete, Wood
  • Interior Amenities: Ceiling Fan(s)
  • Living Area: 1137
  • Window Features: Blinds, Storm Window(s)

Exterior Features

  • Waterfront Features: Lake
  • Home Warranty: No
  • Construction Type: Wood Siding, Other
  • Foundation Details: Permanent
  • Other Structures: Outbuilding
  • Patio And Porch Features: Deck, Screen Porch
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: None, Dirt Drive

Utilities

  • Security: Smoke Detector(s)
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Sewer: Private Sewer
  • Utilities: Utilities On
  • Water Source: Spring

Lot Info

  • Lot Size Sq Ft: 208216.8
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2018
Closed on
May 14, 2018
Sold by
Owen Benjamin D and Owen Susan L
Bought by
Grant George W and Grant Dianne W
Seller's Agent
Billy Kingery
MOUNTAIN TO LAKE REALTY
Buyer's Agent
Doug Settles
BERKSHIRE HATHAWAY HOMESERVICES PREMIER, REALTORS(r) - MAIN
List Price
$119,900
Sold Price
$116,000
Premium/Discount to List
-$3,900
-3.25%
Current Estimated Value
$213,105

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,105
Avg. Annual Appreciation
9.16%
Original Mortgage
$104,400
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 20, 2011
Closed on
Apr 20, 2012
Sold by
Hock Chad N and Hock Elizabeth G
Bought by
Schlosser Samuel C and Schlosser Christine S
Seller's Agent
Billy Kingery
MOUNTAIN TO LAKE REALTY
Buyer's Agent
Debbie Shelton
BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE
List Price
$119,900
Sold Price
$114,000
Premium/Discount to List
-$5,900
-4.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.29%
Original Mortgage
$91,200
Interest Rate
4%
Mortgage Type
New Conventional
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Grant George W $116,000 First American Title Insuran
Schlosser Samuel C $114,000 Fidelity National Title Insu
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cone William H $244,800
Closed King Richard Lee $160,000
Closed Grant George $92,000
Closed Grant George W $104,400
Previous Owner Schlosser Samuel C $91,200
Previous Owner Hock Chad N $75,972
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2024 03/29/24 Sold $272,000 0.0% $239 / Sq Ft
03/28/2024 03/28/24 Sold $272,000 -1.1% $239 / Sq Ft
02/28/2024 02/28/24 Pending -- -- --
02/28/2024 02/28/24 Pending -- -- --
02/22/2024 02/22/24 For Sale $275,000 0.0% $242 / Sq Ft
12/26/2023 12/26/23 For Sale $275,000 +10.0% $242 / Sq Ft
07/08/2022 07/08/22 Sold $250,000 +6.4% $260 / Sq Ft
04/28/2022 04/28/22 Pending -- -- --
04/20/2022 04/20/22 For Sale $235,000 +102.6% $245 / Sq Ft
05/18/2018 05/18/18 Sold $116,000 -3.3% $98 / Sq Ft
04/10/2018 04/10/18 Pending -- -- --
03/19/2018 03/19/18 For Sale $119,900 +5.2% $101 / Sq Ft
04/05/2013 04/05/13 Sold $114,000 -4.9% $96 / Sq Ft
03/26/2013 03/26/13 Pending -- -- --
10/26/2012 10/26/12 For Sale $119,900 +5.2% $101 / Sq Ft
04/26/2012 04/26/12 Sold $114,000 -4.9% $96 / Sq Ft
03/26/2012 03/26/12 Pending -- -- --
10/20/2011 10/20/11 For Sale $119,900 -- $101 / Sq Ft
Source: Martinsville, Henry & Patrick Counties 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
2024 $504 $117,300 $19,500 $97,800
2023 $0 $59,500 $12,500 $47,000
2022 $363 $59,500 $12,500 $47,000
2021 $363 $59,500 $12,500 $47,000
2020 $363 $59,500 $12,500 $47,000
2019 $337 $55,300 $12,500 $42,800
2018 $337 $55,300 $12,500 $42,800
2017 $304 $56,100 $12,500 $43,600
2016 $304 $56,100 $12,500 $43,600
2015 -- $56,100 $12,500 $43,600
2014 -- $56,100 $12,500 $43,600
2013 -- $56,100 $12,500 $43,600
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Martinsville, Henry & Patrick Counties Association of REALTORS®

MLS Number: 141023

APN: 1170008200