NOT LISTED FOR SALE

244 Cedar Gates Loop Rd Chatham, VA 24531

Estimated Value: $120,000 - $175,000

3 Beds
1 Bath
1,286 Sq Ft
$116/Sq Ft Est. Value

Last Sold August 19, 2021

Last sale price $80,000 $62 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $885/month

56 Days on Market

Highlights

  • 1.5-Story Property
  • Main Floor Bedroom
  • Thermal Windows
  • Wood Flooring
  • 2 Car Detached Garage
  • Front Porch

About This Home

As of August 2021

3 bedroom 1 bath home with double detached garage with electric, metal roof (7-8 yrs), gas pack heat pump, replacement windows, gas logs in family room, septic system replace approx. 10 yrs. ago, laundry in basement with outside entrance. Property sold as-is.

Last Listed By

Pamela Betterton

RAMSEY YEATTS & ASSOCIATES, REALTORS License #0225190296 Listed on: 05/20/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $530

Year Built

  • Built in 1955

Lot Details

  • 0.91 Acre Lot

Parking

  • 2 Car Detached Garage

Home Design

  • 1.5-Story Property
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 1,286 Sq Ft Home
  • Ceiling Fan
  • Thermal Windows
  • Family Room with Fireplace

Kitchen

  • Electric Range
  • Microwave

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Basement

  • Partial Basement
  • Exterior Basement Entry
  • Laundry in Basement
  • Crawl Space

Outdoor Features

  • Front Porch
  • Stoop

Schools

  • Union Hall Elementary School
  • Chatham Middle School
  • Chatham High School

Utilities

  • Cooling Available
  • Heating System Uses Gas
  • Heat Pump System
  • Bottled Gas Heating
  • Well
  • Septic Tank

Home Details

Home Type

Single Family

Est. Annual Taxes

$530

Year Built

Built in 1955

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.91
  • Road Frontage Type: Road Frontage
  • Road Surface Type: Paved
  • Subdivision Name: No Subdivision
  • Directions: Route 58 West, right on Cedar Gates Loop Rd, house on right
  • Above Grade Finished Sq Ft: 1286
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One and One Half
  • New Construction: No
  • Year Built: 1955
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Electric Range, Washer, Dryer, Microwave
  • Has Basement: Exterior Entry, Partial, Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: One, Family Room
  • Fireplace: Yes
  • Flooring: Wall/Wall Carpet, Hardwood, Vinyl
  • Interior Amenities: 1st Floor Bedroom, Ceiling Fan(s)
  • Living Area: 1286
  • Window Features: Thermopane Windows

Exterior Features

  • Lot Features: Less than 1 acre
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Exterior Features: Masonry Sidewalks
  • Patio And Porch Features: Porch, Stoop, Side Porch, Front
  • Property Condition: 41 to 75 Years Old
  • Roof: 6 to 10 Years Old, Metal

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Garage-Double Detached
  • Total Parking Spaces: 2

Utilities

  • Laundry Features: Electric Dryer Hookup, In Basement, Washer Hookup
  • Cooling: Heat Pump, Electric
  • Cooling Y N: Yes
  • Heating: Bottled Gas, Gas/Oil Pack
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Well

Schools

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

Lot Info

  • Lot Size Sq Ft: 39639.6
  • Zoning: R-1
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 530.1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 26, 2022
Sold by
Lovern Christopher William
Bought by
Berrios Obdulio
Total Days on Market
56
Current Estimated Value
$149,031

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,000
Outstanding Balance
$110,032
Interest Rate
5.13%
Mortgage Type
New Conventional
Estimated Equity
$44,016

Purchase Details

Listed on
May 20, 2021
Closed on
Aug 18, 2021
Sold by
Parsons Randall Kent
Bought by
Lovern Christopher William
Seller's Agent
Pamela Betterton
RAMSEY YEATTS & ASSOCIATES, REALTORS
Buyer's Agent
Sarah Welch
WILKINS & CO., REALTORS, INC.
List Price
$99,000
Sold Price
$80,000
Premium/Discount to List
-$19,000
-19.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.20%
Original Mortgage
$76,000
Interest Rate
2.63%
Mortgage Type
New Conventional

Range of Values:

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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
Berrios Obdulio $120,000 --
Lovern Christopher William $80,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Berrios Obdulio $114,000
Previous Owner Lovern Christopher William $76,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2021 08/19/21 Sold $80,000 -19.2% $62 / Sq Ft
07/20/2021 07/20/21 Pending -- -- --
05/24/2021 05/24/21 For Sale $99,000 -- $77 / 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 $710 $126,700 $14,000 $112,700
2023 $710 $126,700 $14,000 $112,700
2022 $650 $85,500 $14,000 $71,500
2021 $530 $85,500 $14,000 $71,500
2020 $530 $85,500 $14,000 $71,500
2019 $530 $85,500 $14,000 $71,500
2018 $530 $85,500 $14,000 $71,500
2017 $223 $85,500 $14,000 $71,500
2016 $445 $75,500 $12,000 $63,500
2015 $223 $75,500 $12,000 $63,500
2011 -- $82,400 $11,000 $71,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Dan River Region Association of REALTORS®

MLS Number: 63282

APN: 1486-54-8856