NOT LISTED FOR SALE

245 Cedar Point Rd Rice, VA 23966

Estimated Value: $93,000 - $148,206

3 Beds
1.5 Baths
1,248 Sq Ft
$93/Sq Ft Est. Value

Sale Details

Date Sold: October 31, 2024

Last sale price $85,000 $68 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $655 / mo

29 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Eat-In Kitchen
  • Wood Burning Stove
  • Front Porch
  • Wainscoting

About This Home

As of October 2024

It's Never Too Late To Own Real Estate!! Sharpen your tools for this rural property ready for your Handyman expertise. Rancher on 1-acre with Living Room, Eat-In Kitchen, 3 Bedrooms, One & a Half Baths and Sun Room. If you are looking for that extremely quiet rural location for your forever home or weekend retreat, this is it...Not far from Farmville with it's college, shops, and dining. This is your opportunity...it is knocking...

Last Agent to Sell the Property

David Liggan

EXP Realty LLC License #0225170987 Listed on: 09/22/2024

EXP Realty LLC

Last Buyer's Agent

Dempsey Jones

RE/MAX Advantage Plus License #0225059637

RE/MAX Advantage Plus

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $456

Year Built

  • Built in 1972

Lot Details

  • 1 Acre Lot
  • Street terminates at a dead end

Parking

  • Shared Driveway

Home Design

  • Brick Exterior Construction
  • Fire Rated Drywall
  • Frame Construction
  • Composition Roof
  • T111 Siding

Interior Spaces

  • 1,248 Sq Ft Home
  • 1-Story Property
  • Wainscoting
  • Ceiling Fan
  • Wood Burning Stove
  • Crawl Space
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Range Hood
  • Laminate Countertops

Flooring

  • Wood
  • Laminate
  • Concrete
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Deck
  • Front Porch

Schools

  • Prince Edward Elementary And Middle School
  • Prince Edward High School

Utilities

  • No Cooling
  • Baseboard Heating
  • Well
  • Water Heater
  • Septic Tank

Community Details

  • The community has rules related to allowing corporate owners

Listing and Financial Details

  • Assessor Parcel Number 056-A-48

Home Details

Home Type

Single Family

Est. Annual Taxes

$456

Year Built

Built in 1972

Lot Details

1 Acres

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1972
  • Property Attached Yn: No
  • Lot Size Acres: 1.0
  • Ownership: Corporate
  • Subdivision Name: None
  • Architectural Style: Ranch
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: Approximate
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Concrete, Laminate, Vinyl, Wood
  • Basement: Crawl Space
  • Appliances: Electric Water Heater, Range Hood
  • Basement YN: No
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Bedroom on Main Level, Ceiling Fan(s), Eat-in Kitchen, Laminate Counters, Paneling/Wainscoting
  • Living Area: 1248.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: None
  • Lot Features: Dead End
  • Pool Features: None
  • Waterfront: No
  • Disclosures: Sellers Disclosure Not Available
  • Construction Type: Brick Veneer, Drywall, Frame, T1-11 Siding
  • Exterior Features: Deck
  • Patio And Porch Features: Front Porch, Deck
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Shared Driveway

Utilities

  • Heating: Baseboard, Electric, Wood Stove
  • Cooling: None
  • Sewer: Septic Tank
  • Water Source: Well
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling Y N: No
  • Heating Yn: Yes

Schools

  • Middle Or Junior School: Prince Edward

Lot Info

  • Parcel Number: 056-A-48
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 456.04

MLS Schools

  • Elementary School: Prince Edward
  • High School: Prince Edward

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2024
Closed on
Dec 19, 2024
Sold by
Alg Trustee Llc
Bought by
Honorable Judges Of The Circuit Court
Seller's Agent
David Liggan
EXP Realty LLC
Buyer's Agent
Dempsey Jones
RE/MAX Advantage Plus
List Price
$89,900
Sold Price
$85,000
Premium/Discount to List
-$4,900
-5.45%
Views
116
Current Estimated Value
$116,552

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,552
Avg. Annual Appreciation
23.96%

Purchase Details

Listed on
Sep 22, 2024
Closed on
Oct 29, 2024
Sold by
Jp Morgan Mortgage Acquisition Corp
Bought by
Bastelli Stacy A
Seller's Agent
David Liggan
EXP Realty LLC
Buyer's Agent
Dempsey Jones
RE/MAX Advantage Plus
List Price
$89,900
Sold Price
$85,000
Premium/Discount to List
-$4,900
-5.45%
Views
116

Purchase Details

Closed on
Aug 13, 2024
Sold by
Alg Trustee Llc
Bought by
Jp Morgan Mortgage Acquisition Corp
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Honorable Judges Of The Circuit Court $113,122 None Listed On Document
Bastelli Stacy A $85,000 Fidelity National Title
Bastelli Stacy A $85,000 Fidelity National Title
Jp Morgan Mortgage Acquisition Corp $113,122 None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2024 10/31/24 Sold $85,000 -5.5% $68 / Sq Ft
10/21/2024 10/21/24 Pending -- -- --
09/22/2024 09/22/24 For Sale $89,900 -- $72 / Sq Ft
Source: Central Virginia Regional MLS

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 -- $120,100 $24,000 $96,100
2024 $447 $87,700 $17,000 $70,700
2023 $421 $87,700 $17,000 $70,700
2022 $421 $87,700 $17,000 $70,700
2021 $115 $87,700 $17,000 $70,700
2020 $385 $75,400 $15,000 $60,400
2019 $385 $75,400 $15,000 $60,400
2018 $385 $75,400 $15,000 $60,400
2017 $385 $75,400 $15,000 $60,400
2016 $385 $75,400 $15,000 $60,400
2015 $369 $75,400 $15,000 $60,400
2014 $411 $87,400 $12,000 $75,400
2013 $367 $87,400 $12,000 $75,400
Source: Public Records

Agents Affiliated with this Home

  • David Liggan

    Seller's Agent in 2024

    David Liggan

    EXP Realty LLC

    (804) 441-4005

    1 in this area

    77 Total Sales

    David Liggan
    Section Image
  • Dempsey Jones

    Buyer's Agent in 2024

    Dempsey Jones

    RE/MAX

    (434) 392-1999

    4 in this area

    71 Total Sales

    Dempsey Jones
    Section Image
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Map

Source: Central Virginia Regional MLS

MLS Number: 2425025

Central Virginia Regional MLS

APN: 056-A-48

Virginia Prince Edward County Rice 23966

245 Cedar Point Rd, Rice, VA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Central Virginia Regional MLS All or a portion of th multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listing s. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are ©2026 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.

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