NOT LISTED FOR SALE

256 Fairview Rd Chatham, VA 24531

Estimated Value: $138,000 - $185,163

3 Beds
1 Bath
936 Sq Ft
$168/Sq Ft Est. Value

Last Sold January 22, 2020

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

Est. 74% increase in value since last sale

Current estimated payment $894/month

292 Days on Market

Highlights

  • Deck
  • Rear Porch
  • 1-Story Property
  • Traditional Architecture
  • Cooling Available
  • Dining Room

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
$157,041

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,041
Avg. Annual Appreciation
9.71%
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Slagle John L $90,000 Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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

    52 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

Not Listed for Sale

Detached

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