$78,000
SOLD OCT 10, 2024

1961 Climax Rd Chatham, VA 24531

2 Beds
1 Bath
640 Sq Ft
1.13 Acres

Recently Sold

$122 Per Sq Ft

9% Below List Price

76 Days on Market

Highlights

  • Porch
  • Cooling Available
  • 1-Story Property
  • Chatham Elementary School Rated A-
  • Bungalow
  • Asbestos

About This Home

As of October 2024

Beautiful rented home in Pittsylvania county. A great opportunity for investors. 48 hours notice is required to negotiate showing with the tenant. Proof of funds required for showing in order to minimize disturbance to tenant. An appointment is required before showing or venturing onto this property.

Last Agent to Sell the Property

Daniel Scearce

HAUSER REALTY GROUP Brokerage Email: 4347923000, kellihauser@comcast.net License #0225262363 Listed on: 07/25/2024

Last Buyer's Agent

Ramsey Yeatts

RAMSEY YEATTS & ASSOCIATES, REALTORS License #0225104144

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $337

Year Built

  • Built in 1955

Parking

  • No Garage

Home Design

  • Bungalow
  • Asbestos

Interior Spaces

  • 640 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Chatham Elementary And Middle School
  • Chatham High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Well
  • Septic Tank

Additional Features

  • Porch
  • 1.13 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 1497555479 & 1497556402

Home Details

Home Type

Single Family

Est. Annual Taxes

$337

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.13
  • Road Frontage Type: Road Frontage
  • Subdivision Name: Other
  • Directions: From Danville Get on US-29 N in Pittsylvania County from Main St and VA-360 E/Richmond Blvd 8 min (3.6 mi) Follow US-29 N to Main St/US-29 BUS N in Chatham. Take the U.S. 29 Business exit from US-29 N 14 min (13.9 mi) Take VA-57 W to Climax Rd
  • Above Grade Finished Sq Ft: 640
  • Architectural Style: Bungalow
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Year Built: 1955
  • Attribution Contact: 4347923000, kellihauser@comcast.net
  • Special Features: None

Interior Features

  • Appliances: None
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: None
  • Living Area: 640

Exterior Features

  • Lot Features: 1-5 acres
  • Home Warranty: No
  • Construction Type: Asbestos
  • Patio And Porch Features: Porch
  • Property Condition: 41 to 75 Years Old
  • Roof: 6 to 10 Years Old

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage, No Carport

Utilities

  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Electric, Heat Pump
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Well

Schools

  • Elementary School: Chatham
  • High School: Chatham
  • Middle Or Junior School: Chatham

Lot Info

  • Lot Size Sq Ft: 49222.8
  • Parcel #: 1497555479 & 1497556402
  • Zoning: R-1
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 336.56

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2024
Closed on
Oct 9, 2024
Sold by
Robertson W Wayne
Bought by
Dodd Donald C and Anderson Erica L
Seller's Agent
Daniel Scearce
HAUSER REALTY GROUP
Buyer's Agent
Ramsey Yeatts
RAMSEY YEATTS & ASSOCIATES, REALTORS
List Price
$85,750
Sold Price
$78,000
Premium/Discount to List
-$7,750
-9.04%
Views
24
Current Estimated Value
$80,108

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,108
Avg. Annual Appreciation
10.53%
Original Mortgage
$62,400
Outstanding Balance
$62,047
Interest Rate
6.35%
Mortgage Type
Credit Line Revolving
Estimated Equity
$22,966
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $78,000 First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $62,400 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/10/2024 10/10/24 Sold $78,000 0.0% $122 / Sq Ft
10/01/2024 10/01/24 Off Market $78,000 -- --
09/11/2024 09/11/24 For Sale $85,750 +9.9% $134 / Sq Ft
09/01/2024 09/01/24 Off Market $78,000 -- --
07/25/2024 07/25/24 For Sale $85,750 -- $134 / Sq Ft
Source: Dan River Region 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 $337 $60,100 $8,000 $52,100
2023 $337 $60,100 $8,000 $52,100
2022 $336 $34,800 $8,000 $26,800
2021 $216 $34,800 $8,000 $26,800
2020 $216 $34,800 $8,000 $26,800
2019 $216 $34,800 $8,000 $26,800
2018 $216 $34,800 $8,000 $26,800
2017 $206 $34,800 $8,000 $26,800
2016 $206 $34,900 $7,500 $27,400
2015 $206 $34,900 $7,500 $27,400
2011 -- $34,900 $7,500 $27,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Dan River Region Association of REALTORS®

MLS Number: 71092

APN: 1497-55-5479