$315,000
SOLD NOV 7, 2019

261 Pepper Ln Danville, VA 24540

3 Beds
3 Baths
3,427 Sq Ft
5.43 Acres

Recently Sold

$92 Per Sq Ft

6% Below List Price

42 Days on Market

Highlights

  • Deck
  • Traditional Architecture
  • Covered patio or porch
  • Twin Springs Elementary School Rated A-
  • Wood Flooring
  • Thermal Windows

About This Home

As of November 2024

Spacious open floor plan of one level living nestled and located in Mount Hermon Place Subdivision. Large living room with adjoining oversized kitchen and dining room. Unbelievable cabinet space in kitchen area with master suite bedroom entrance nearby. Each of the two other bedroom in this split plan have their own full bath. 2 car garage, cement and paved drive all on 5.43 acres w creek!

Last Agent to Sell the Property

Ramsey Yeatts

RAMSEY YEATTS & ASSOCIATES, REALTORS License #0225104144 Listed on: 09/19/2019

Last Buyer's Agent

Laura Davis

GIBSON REALTY & ASSOCIATES, INC. License #0225199773

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,921

Year Built

  • Built in 1991

Lot Details

  • 5.43 Acre Lot
  • Home fronts a stream
  • Level Lot

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 3,427 Sq Ft Home
  • 1-Story Property
  • Thermal Windows
  • Living Room with Fireplace

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Washer and Electric Dryer Hookup

Partially Finished Basement

  • Partial Basement
  • Interior and Exterior Basement Entry
  • Crawl Space

Outdoor Features

  • Deck
  • Covered patio or porch

Schools

  • Twin Springs Elementary School
  • Chatham Middle School
  • Chatham High School

Utilities

  • Central Air
  • Heating Available
  • Furnace
  • Bottled Gas Heating
  • Septic Tank

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,921

Year Built

Built in 1991

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 5.43
  • Subdivision Name: No
  • Directions: Franklin Turnpike North to right into Mount Hermon Place on Samuel Rd then bare right to stay on Samuel Rd then bare left onto Pepper Lane to property on left.
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Year Built: 1991
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Microwave, Refrigerator, Electric Range
  • Has Basement: Partial, Exterior Entry, Crawl Space, Interior Entry, Partially Finished
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 900
  • Fireplace Features: One, Living Room
  • Fireplace: Yes
  • Flooring: Wall/Wall Carpet, Hardwood
  • Interior Amenities: 1st Floor Bedroom, 1st Floor Master Bedroom, Walk-In Closet(s)
  • Living Area: 3427
  • Window Features: Thermopane Windows

Exterior Features

  • Lot Features: 5-10 acres, Level
  • Waterfront Features: Stream/Creek
  • Home Warranty: No
  • Construction Type: Brick
  • Exterior Features: Masonry Sidewalks
  • Patio And Porch Features: Front, Covered, Porch, Back, Deck
  • Property Condition: 21 to 40 Years Old
  • Roof: Composition, 11 to 15 Years Old

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Garage-Double Attached, Hard Surface Drive
  • Total Parking Spaces: 2

Utilities

  • Laundry Features: Electric Dryer Hookup, 1st Floor Laundry, Washer Hookup, Laundry Room
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Electric, Bottled Gas, Furnace
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Public

Schools

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

Lot Info

  • Lot Size Sq Ft: 236530.8
  • Zoning: R-1
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1921

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2024
Closed on
Oct 31, 2024
Sold by
Pontzius Malloree Mikell and Dane Andrew
Bought by
Nix Jimmy Dean and Nix Marci Venise
Seller's Agent
Malloree Pontzius
ESKEY & ASSOCIATES REALTY
Buyer's Agent
Rick Fain
JEFF DAVIS & ASSOCIATES, LLC
List Price
$489,900
Sold Price
$479,000
Premium/Discount to List
-$10,900
-2.22%
Total Days on Market
42
Views
91
Current Estimated Value
$475,747

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,253
Avg. Annual Appreciation
-1.15%
Original Mortgage
$325,000
Outstanding Balance
$323,391
Interest Rate
6.08%
Mortgage Type
New Conventional
Estimated Equity
$152,356

Purchase Details

Listed on
Sep 19, 2019
Closed on
Nov 7, 2019
Sold by
Motley Ronald E and Motley Linda T
Bought by
Pontzius Malloree Mikell and Pontzius Dane Andrew
Seller's Agent
Ramsey Yeatts
RAMSEY YEATTS & ASSOCIATES, REALTORS
Buyer's Agent
Laura Davis
GIBSON REALTY & ASSOCIATES, INC.
List Price
$335,000
Sold Price
$315,000
Premium/Discount to List
-$20,000
-5.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.73%
Original Mortgage
$306,776
Interest Rate
3.62%
Mortgage Type
FHA
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Bargain Sale Deed $479,000 All Virginia Title
Bargain Sale Deed $479,000 All Virginia Title
Warranty Deed $315,000 All Va Title & Escrow Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $325,000 New Conventional
Closed $325,000 New Conventional
Previous Owner $299,711 Stand Alone Refi Refinance Of Original Loan
Previous Owner $306,776 FHA
Previous Owner $20,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/08/2024 11/08/24 Sold $479,000 -2.2% $157 / Sq Ft
09/23/2024 09/23/24 For Sale $489,900 +55.5% $161 / Sq Ft
11/07/2019 11/07/19 Sold $315,000 -6.0% $92 / Sq Ft
11/01/2019 11/01/19 Pending -- -- --
09/19/2019 09/19/19 For Sale $335,000 -- $98 / 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
2024 $2,638 $471,000 $38,300 $432,700
2023 $2,638 $471,000 $38,300 $432,700
2022 $1,944 $313,500 $38,300 $275,200
2021 $1,921 $309,800 $38,300 $271,500
2020 $1,921 $309,800 $38,300 $271,500
2019 $1,921 $309,800 $38,300 $271,500
2018 $1,921 $309,800 $38,300 $271,500
2017 $1,781 $309,800 $38,300 $271,500
2016 $1,781 $301,900 $38,300 $263,600
2015 $1,781 $301,900 $38,300 $263,600
2011 -- $295,900 $33,300 $262,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Dan River Region Association of REALTORS®

MLS Number: 60104

APN: 2411-22-3233