NOT LISTED FOR SALE

244 Cedar Gates Loop Rd Chatham, VA 24531

Estimated Value: $130,000 - $177,000

3 Beds
1 Bath
1,286 Sq Ft
$126/Sq Ft Est. Value

Last Sold August 19, 2021

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

Est. 114% increase in value since last sale

Current estimated payment $949/month

56 Days on Market

Highlights

  • 1.5-Story Property
  • Wood Flooring
  • 2 Car Detached Garage
  • Union Hall Elementary School Rated 9+
  • Main Floor Bedroom
  • Thermal Windows

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 Agent to Sell the Property

Pamela Betterton

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

Last Buyer's Agent

Sarah Welch

WILKINS & CO., REALTORS, INC. License #0225022220

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
Current Estimated Value
$171,391

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
$108,963
Interest Rate
5.13%
Mortgage Type
New Conventional
Estimated Equity
$53,598

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
17.02%
Original Mortgage
$76,000
Interest Rate
2.9%
Mortgage Type
New Conventional
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Berrios Obdulio $120,000 --
Lovern Christopher William $80,000 First American Title
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 List to Sale Price per Sq Ft
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

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 $710 $126,700 $14,000 $112,700
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

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