NOT LISTED FOR SALE

2516 Elon Rd Monroe, VA 24574

Estimated Value: $219,000 - $324,000

2 Beds
1 Bath
1,064 Sq Ft
$244/Sq Ft Est. Value

Last Sold June 12, 2020

Last sale price $160,680 $151 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $1,464/month

17 Days on Market

Highlights

  • River Nearby
  • Ranch Style House
  • Community Pool
  • Mountain View
  • Wood Flooring
  • Fireplace

About This Home

As of June 2020

Highly sought community of ELON. Very close to Tobacco Row Mountain. You have the advantage of living in the country, yet only 10-12 minutes from the city.

Last Agent to Sell the Property

Sam Davis

Sam E Davis Real Estate License #0225000994 Listed on: 04/18/2020

Last Buyer's Agent

Brett Sisk

eXp Realty LLC-Stafford License #0225220802

eXp Realty LLC-Stafford

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $755

Year Built

  • Built in 1957

Lot Details

  • 0.69 Acre Lot
  • Landscaped
  • Garden
  • Property is zoned R1

Home Design

  • Ranch Style House
  • Metal Roof

Interior Spaces

  • 1,064 Sq Ft Home
  • Fireplace
  • Mountain Views
  • Electric Range
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Attic

  • Attic Floors
  • Walkup Attic

Basement

  • Walk-Out Basement
  • Interior and Exterior Basement Entry
  • Laundry in Basement

Outdoor Features

  • River Nearby

Schools

  • Elon Elementary School
  • Monelison Midl Middle School
  • Amherst High School

Utilities

  • Heat Pump System
  • Electric Water Heater
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Community Details

  • Community Pool

Listing and Financial Details

  • Assessor Parcel Number 121A28

Home Details

Home Type

Single Family

Est. Annual Taxes

$755

Year Built

Built in 1957

Lot Details

0

Listing Details

  • FILLACRES: 0.6890
  • Directions: 29 North Business to left onto Elon Road, then 6 miles to property on right.
  • Internet Providers: Comcast/Xfinity
  • Lot Measurement: Acres
  • Lot Sq Ft: 30013.00
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 121A28
  • Year Built: 1957
  • Heating System: Heat Pump
  • Building Stories: One
  • Dwelling Styles: Ranch
  • Laundryroom Dim: 0.000 x 0.000
  • Living Room Dim: 17.000 x 12.000
  • Livingroom Len: 17.000
  • Livingroom Wid: 12.000
  • Masterbedroom Area: 168.000000
  • Master Bedroom Dim: 14.000 x 12.000
  • Masterbedroom Len: 14.000
  • Masterbedroom Wid: 12.000
  • Office Dim: 10.000 x 10.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 1.00
  • Bathrooms Display: 1 (1 0)
  • Lower Floor 1 Bedrooms: 2
  • Broker Approved: Yes
  • Legal Description: Tax map 121A28
  • Reciprocal Listing: No
  • Second Bedroom: 12x11 Level: Level 1 Above Grade
  • Second Bedroom Area: 132.000000
  • Above Grade Finished Sq Ft: 1064.00
  • ApplianceConvey: Range-Elec, Refrigerator
  • Has Attic: Floored, Walk-Up Stairs
  • Has Basement: Exterior Entrance, Interior Entrance, Walkout
  • Flooring: Hardwood, Vinyl
  • Year Built Exception: 0
  • Fireplace: 1 Fireplace
  • Formal Dining: 13x10 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 1
  • Interior Amenities: Cable Available, Cable Connections, High Speed Data Aval, Main Level Bedroom
  • Dining Kitchen: 17x9 Level: Level 1 Above Grade
  • Laundry: Basement, Dryer Connection, Washer Connections
  • Living Room: 17x12 Level: Level 1 Above Grade
  • Master Bedroom: 14x12 Level: Level 1 Above Grade
  • Office: 10x10 Level: Level 1 Above Grade
  • Porch: 20x8 Level: Level 1 Above Grade
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 153.000000
  • LivingRoom Area: 204.000000
  • Office Area: 100.000000
  • Est Other Room1 Dim: 0.000 x 0.000
  • Est Other Room2 Dim: 0.000 x 0.000
  • Est Other Room3 Dim: 0.000 x 0.000
  • Rec Room Dim: 0.000 x 0.000
  • Sunroom Dim: 0.000 x 0.000

Exterior Features

  • Roof: Metal
  • New Construction: Completed
  • Exterior Features: River Nearby, Pool Nearby, Paved Drive, Garden Space, Landscaped, Mountain Views

Garage/Parking

  • Garage Dim: 0.000 x 0.000

Utilities

  • Utility Electric: AEP/Appalachian Powr
  • Air Conditioner: Heat Pump
  • Sewer: Septic Tank
  • Hot Water: County
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors

Schools

  • School District: Amherst
  • Elementary School: Elon Elem
  • Middle School: Monelison Midl
  • High School: Amherst High
  • Elementary School: Elon Elem
  • High School: Amherst High
  • Middle School: Monelison Midl
  • School District: Amherst

Lot Info

  • Lot Sq Ft: 1064.00
  • Zoning: R1

Tax Info

  • Estimated Taxes: 755

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2020
Closed on
May 28, 2020
Sold by
Hughes Dorothy H
Bought by
Day Christopher
Seller's Agent
Sam Davis
Sam E Davis Real Estate
Buyer's Agent
Brett Sisk
eXp Realty LLC-Stafford
List Price
$159,900
Sold Price
$160,680
Premium/Discount to List
$780
0.49%
Current Estimated Value
$259,512

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,832
Avg. Annual Appreciation
9.77%
Original Mortgage
$164,375
Outstanding Balance
$86,005
Interest Rate
3.2%
Mortgage Type
VA
Estimated Equity
$176,125

Purchase Details

Listed on
Oct 23, 2018
Closed on
Nov 14, 2018
Sold by
Elon Evangelical Presbyterian Church
Bought by
Hughes Dorothy H
Seller's Agent
Cookie Straebel
Coldwell Banker Forehand & Co.
Buyer's Agent
Wanda Robertson
Virginia Homes & Land Realty
List Price
$95,000
Sold Price
$98,500
Premium/Discount to List
$3,500
3.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
36.85%
Original Mortgage
$78,800
Interest Rate
4.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 7, 2006
Sold by
Stinnette Ruby D
Bought by
Elon Presyterain Church
Source: Public Records

Range of Values:

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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
Day Christopher $160,680 Acquisition Title & Stlmnt
Hughes Dorothy H $98,500 Pike Title
Elon Presyterain Church -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Day Christopher $164,375
Previous Owner Hughes Dorothy H $78,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2020 06/12/20 Sold $160,680 +0.5% $151 / Sq Ft
05/05/2020 05/05/20 Pending -- -- --
04/18/2020 04/18/20 For Sale $159,900 +62.3% $150 / Sq Ft
11/21/2018 11/21/18 Sold $98,500 +3.7% $93 / Sq Ft
11/01/2018 11/01/18 Pending -- -- --
10/23/2018 10/23/18 For Sale $95,000 -- $89 / Sq Ft
Source: Lynchburg 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 $727 $119,100 $25,000 $94,100
2024 $727 $119,100 $25,000 $94,100
2023 $727 $119,100 $25,000 $94,100
2022 $727 $119,100 $25,000 $94,100
2021 $727 $119,100 $25,000 $94,100
2020 $727 $119,100 $25,000 $94,100
2019 $730 $119,700 $31,000 $88,700
2018 $735 $120,500 $31,000 $89,500
2017 $735 $120,500 $31,000 $89,500
2016 $735 $120,500 $31,000 $89,500
2015 $337 $120,500 $31,000 $89,500
2014 $675 $120,500 $31,000 $89,500
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2020

    Sam Davis

    Sam E Davis Real Estate

    (434) 238-8080

    52 Total Sales

    Sam Davis
    Section Image

  • B

    Buyer's Agent in 2020

    Brett Sisk

    eXp Realty LLC-Stafford

    Section Image

  • C

    Seller's Agent in 2018

    Cookie Straebel

    Coldwell Banker Forehand & Co.

    (434) 841-9651

    17 Total Sales

    Cookie Straebel
    Section Image

  • W

    Buyer's Agent in 2018

    Wanda Robertson

    Virginia Homes & Land Realty

    (434) 426-2103

    107 Total Sales

    Wanda Robertson
    Section Image
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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 324519

APN: 121-A-28

Virginia Amherst County Monroe 24572

2516 Elon Rd, Monroe, VA

This home is located at 2516 Elon Rd, Monroe, VA 24574 since 18 April 2020 and is currently estimated at $259,512, approximately $243 per square foot. This property was built in 1957. 2516 Elon Rd is a home located in Amherst County with nearby schools including Elon Elementary School, Monelison Middle School, and Amherst County High School.

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