NOT LISTED FOR SALE

247 Powell Rd Ridgeway, VA 24148

Estimated Value: $599,321

4 Beds
3 Baths
3,780 Sq Ft
$159/Sq Ft Est. Value

Last Sold March 27, 2023

Last sale price $520,000 $138 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $3,223/month

20 Days on Market

Highlights

  • Horses Allowed On Property
  • Spring on Lot
  • Main Floor Bedroom
  • 2,635,380 Sq Ft lot
  • Wood Flooring
  • 2 Fireplaces

About This Home

As of March 2023

Beautiful remodeled ranch house. Freshly painted, updated bathrooms. Land lays well - was a working farm with fencing and cross fencing.

Last Agent to Sell the Property

Rod Berry

Berry-Elliott, REALTORS Brokerage Email: 2766561111, dberry@berryelliott.com License #0225043337 Listed on: 02/17/2023

Last Buyer's Agent

Liz Wolchko

Berry-Elliott, REALTORS License #0225245431

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1965

Lot Details

  • 60.5 Acre Lot
  • Hunting Land
  • Fenced
  • Level Lot

Parking

  • 4 Car Garage

Home Design

  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 3,780 Sq Ft Home
  • 2 Fireplaces
  • Trash Compactor

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • 3 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Outdoor Features

  • Spring on Lot
  • Separate Outdoor Workshop
  • Outbuilding

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heat Pump System
  • Baseboard Heating
  • Spring water is a source of water for the property
  • Private Water Source
  • Electric Water Heater
  • Septic Tank

Additional Features

  • Pasture
  • Horses Allowed On Property

Community Details

  • Ridgeway Subdivision

Home Details

Home Type

Single Family

Year Built

Built in 1965

Lot Details

0

Parking

4

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Horses: Yes
  • Subdivision Name: Ridgeway
  • Carport Y N: No
  • Garage Yn: Yes
  • Year Built: 1965
  • Attribution Contact: 2766561111, dberry@berryelliott.com
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, As Is, Trash Compactor
  • Other Equipment: No Farm Equipment
  • Has Basement: Block, Full, Unfinished
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: 2, Electric
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Laminate, Wood
  • Interior Amenities: 1st Floor Bedroom
  • Living Area: 3780

Exterior Features

  • Fencing: Fenced
  • Lot Features: Horses Permitted, Level, Hunting, Pasture
  • Waterfront Features: Spring
  • Home Warranty: No
  • Construction Type: Brick
  • Other Structures: Outbuilding, Workshop
  • Roof: Composition

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 4
  • Garage Spaces: 4
  • Parking Features: 4 Car Garage, Detached
  • Total Parking Spaces: 4

Utilities

  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Baseboard, Forced Air, Heat Pump
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Utilities On
  • Water Source: Private, Spring

Lot Info

  • Lot Size Sq Ft: 2635380
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2023
Closed on
Mar 24, 2023
Sold by
Sparks Powell Rachel Esther and Powell Esther S
Bought by
Thompson David E and Thompson Kerrie I
Seller's Agent
Rod Berry
Berry-Elliott, REALTORS
Buyer's Agent
Liz Wolchko
Berry-Elliott, REALTORS
List Price
$518,880
Sold Price
$520,000
Premium/Discount to List
$1,120
0.22%
Current Estimated Value
$599,321

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,321
Avg. Annual Appreciation
5.20%
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Thompson David E $520,000 Virginia Title Center
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/09/2023 04/09/23 Off Market $518,880 -- --
03/27/2023 03/27/23 Sold $520,000 +0.2% $138 / Sq Ft
03/10/2023 03/10/23 Pending -- -- --
02/17/2023 02/17/23 For Sale $518,880 -- $137 / 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
2025 $1,073 $193,400 $95,300 $98,100
2024 $1,073 $193,400 $95,300 $98,100
2023 $1,073 $193,400 $95,300 $98,100
2022 $1,073 $193,400 $95,300 $98,100
2021 $1,073 $193,400 $95,300 $98,100
2020 $1,077 $194,000 $95,300 $98,700
2019 $1,077 $194,000 $95,300 $98,700
2018 $107,670 $194,000 $95,300 $98,700
2017 $107,670 $194,000 $95,300 $98,700
2016 $95,990 $196,700 $95,300 $101,400
2015 $95,990 $196,700 $95,300 $101,400
2014 -- $196,700 $95,300 $101,400
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 138969

APN: 175720001