NOT LISTED FOR SALE

256 Fairview Rd Chatham, VA 24531

Estimated Value: $132,000 - $191,628

3 Beds
1 Bath
936 Sq Ft
$164/Sq Ft Est. Value

Last Sold January 22, 2020

Last sale price $90,000 $96 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $916/month

292 Days on Market

Highlights

  • Deck
  • Traditional Architecture
  • Cooling Available
  • Chatham Elementary School Rated A-
  • Rear Porch
  • 1-Story Property

About This Home

As of January 2020

This is a great investor's property that has an additional house to the rear. The house has 2 bedrooms and is in good condition as well. Both houses have current good standing tenants and they wish to remain there. The larger house rents for $650/month and the smaller one for $575/month for a total annual rent of $14,700. Owner financing may be possible with 20 % down. Beautiful location.

Last Agent to Sell the Property

Jim Houser

GIBSON REALTY & ASSOCIATES, INC. License #0225089967 Listed on: 02/26/2019

Last Buyer's Agent

Jim Houser

GIBSON REALTY & ASSOCIATES, INC. License #0225089967 Listed on: 02/26/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $622

Year Built

  • Built in 1952

Lot Details

  • 0.83 Acre Lot
  • Level Lot
  • Property is zoned R - 1

Home Design

  • Traditional Architecture
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 936 Sq Ft Home
  • 1-Story Property
  • Dining Room
  • Electric Range

Flooring

  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • No Garage
  • Driveway

Outdoor Features

  • Deck
  • Rear Porch

Schools

  • Chatham Elementary And Middle School
  • Chatham High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Septic Tank
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$622

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.83
  • Road Surface Type: Paved
  • Subdivision Name: N/A
  • Directions: Rt. 29 north towards Chatham. Turn right at Tight squeeze stoplight onto Fairview Rd. House on the right.
  • Above Grade Finished Sq Ft: 936
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Year Built: 1952
  • Special Features: None

Interior Features

  • Appliances: Washer, Dryer, Refrigerator, Electric Range
  • Has Basement: None
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Wall/Wall Carpet, Laminate
  • Interior Amenities: Dining Room, Cable TV
  • Living Area: 936

Exterior Features

  • Lot Features: Level
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Patio And Porch Features: Back, Deck
  • Property Condition: 41 to 75 Years Old
  • Roof: Composition

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage, Hard Surface Drive

Utilities

  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Electric, Heat Pump
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Public

Schools

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

Lot Info

  • Lot Size Sq Ft: 36154.8
  • Zoning: R - 1
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 622

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2019
Closed on
Jan 14, 2020
Sold by
Daniel Ralph M and The Ralph M & Josephine Daniel
Bought by
Slagle John L
Seller's Agent
Jim Houser
GIBSON REALTY & ASSOCIATES, INC.
Buyer's Agent
Jim Houser
GIBSON REALTY & ASSOCIATES, INC.
List Price
$129,000
Sold Price
$90,000
Premium/Discount to List
-$39,000
-30.23%
Current Estimated Value
$153,157

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,157
Avg. Annual Appreciation
10.46%
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
Slagle John L $90,000 Attorney
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/22/2020 01/22/20 Sold $90,000 -30.2% $96 / Sq Ft
12/16/2019 12/16/19 Pending -- -- --
02/26/2019 02/26/19 For Sale $129,000 -- $138 / 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
2025 $977 $174,400 $15,000 $159,400
2024 $977 $174,400 $15,000 $159,400
2023 $977 $174,400 $15,000 $159,400
2022 $862 $100,400 $15,000 $85,400
2021 $622 $100,400 $15,000 $85,400
2020 $622 $100,400 $15,000 $85,400
2019 $622 $100,400 $15,000 $85,400
2018 $622 $100,400 $15,000 $85,400
2017 $546 $100,400 $15,000 $85,400
2016 $546 $92,600 $15,000 $77,600
2015 $546 $92,600 $15,000 $77,600
2011 -- $90,000 $15,000 $75,000
Source: Public Records

Agents Affiliated with this Home

  • Jim Houser

    Seller's Agent in 2020

    Jim Houser

    GIBSON REALTY & ASSOCIATES, INC.

    (434) 548-3127

    57 Total Sales

    Jim Houser
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Map

Source: Dan River Region Association of REALTORS®

MLS Number: 59178

APN: 2424-28-0257

Virginia Pittsylvania County Chatham 24531

256 Fairview Rd, Chatham, VA

This home is located at 256 Fairview Rd, Chatham, VA 24531 since 26 February 2019 and is currently estimated at $153,157, approximately $163 per square foot. This property was built in 1952. 256 Fairview Rd is a home located in Pittsylvania County with nearby schools including Chatham Elementary School, Chatham Middle School, and Chatham High School.

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