NOT LISTED FOR SALE

2770 Elon Rd Monroe, VA 24574

Estimated Value: $1,306,000 - $2,111,000

4 Beds
7 Baths
7,952 Sq Ft
$204/Sq Ft Est. Value

Sale Details

Date Sold: January 31, 2023

Last sale price $1,100,000 $138 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $9,697 / mo

91 Days on Market

Highlights

  • Horses Allowed On Property
  • Custom Home
  • Wood Flooring
  • Greenhouse
  • Fruit Trees
  • Main Floor Primary Bedroom

About This Home

As of January 2023

This is an incredible opportunity to own one of Amherst County's most distinguished & iconic homes, the Dillard Mansion. The all stone home, designed by noted architect Everette Fauber, graces a hilltop along Elon Road & offers stunning Blue Ridge Mountain views. Built in 1942 for one of Lynchburg's great industrialists & philanthropists, this home was designed for entertaining with spacious & elegant formal rooms. The expansive primary suite occupies an entire wing with his & her bathrooms, large closets, a sitting area & a private porch. The terrace level offers another level of living area with an additional kitchen and greenhouse. The grounds consist of 17+/- acres, fenced fields, two outbuildings & a few fruit trees. Property Sold "as-is".

Last Agent to Sell the Property

Gayle Harvey

Gayle Harvey Real Estate License #0225065015 Listed on: 08/31/2022

Last Buyer's Agent

Non-Member Non-Member

Non MLS Member

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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,306

Year Built

  • Built in 1943

Lot Details

  • 17.6 Acre Lot
  • Partially Fenced Property
  • Fruit Trees
  • Zoning described as A1

Parking

  • 2 Car Garage
  • Basement Garage
  • Circular Driveway

Home Design

  • Custom Home
  • Slate Roof
  • Stone

Interior Spaces

  • 7,952 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Bookcases
  • 4 Fireplaces
  • Wood Burning Fireplace
  • Formal Dining Room
  • Washer and Dryer Hookup

Kitchen

  • Oven
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet

Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Glass Enclosed
  • Greenhouse
  • Shed
  • Front Porch

Schools

  • Amherst Elementary And Middle School
  • Amherst High School

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Hot Water Heating System
  • Well
  • Water Heater
  • Septic Tank

Additional Features

  • Pasture
  • Horses Allowed On Property

Listing and Financial Details

  • Assessor Parcel Number 121-A-22

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,306

Year Built

Built in 1943

Lot Details

17.6 Acres

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1943
  • Property Attached Yn: No
  • Horses: Yes
  • Lot Size Acres: 17.6
  • Ownership: Estate
  • Subdivision Name: None
  • Architectural Style: Custom
  • Garage Yn: Yes
  • Unit Levels: Two and One Half
  • New Construction: No
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Single Family Residence
  • General Property Information Below Grade Unfinished Area: 5138.0
  • Special Features: None

Interior Features

  • Flooring: Ceramic Tile, Wood
  • Basement: Full, Heated, Walk-Out Access
  • Appliances: Dishwasher, Electric Water Heater, Oven, Refrigerator
  • Basement YN: Yes
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 5138.0
  • Fireplace Features: Wood Burning
  • Fireplaces: 4
  • Fireplace: Yes
  • Interior Amenities: Bookcases, Built-in Features, Bedroom on Main Level, Dining Area, Separate/Formal Dining Room, Main Level Primary, Walk-In Closet(s)
  • Living Area: 7952.0
  • Stories: 2
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Slate
  • Fencing: Partial
  • Lot Features: Fruit Trees, Pasture
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Stone
  • Exterior Features: Porch
  • Other Structures: Greenhouse, Shed(s)
  • Patio And Porch Features: Rear Porch, Front Porch, Glass Enclosed, Porch
  • Property Condition: Resale

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Basement, Circular Driveway

Utilities

  • Heating: Hot Water, Oil
  • Cooling: None
  • Sewer: Septic Tank
  • Water Source: Well
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling Y N: No
  • Heating Yn: Yes

Schools

  • Middle Or Junior School: Amherst

Lot Info

  • Parcel Number: 121-A-22
  • Horse Amenities: Horses Allowed
  • Zoning Description: A1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 6306.0

MLS Schools

  • Elementary School: Amherst
  • High School: Amherst

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2022
Closed on
Jan 31, 2023
Sold by
Rendemonti John A
Bought by
Seller's Agent
Gayle Harvey
Gayle Harvey Real Estate
Buyer's Agent
Non-Member Non-Member
Non MLS Member
List Price
$1,450,000
Sold Price
$1,100,000
Premium/Discount to List
-$350,000
-24.14%
Views
158
Current Estimated Value
$1,619,733

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$519,733
Avg. Annual Appreciation
11.38%
Original Mortgage
$880,000
Outstanding Balance
$842,345
Interest Rate
6.31%
Mortgage Type
New Conventional
Estimated Equity
$777,388

Purchase Details

Closed on
Aug 6, 2009
Sold by
Smith Florence M
Bought by
Smith Florence M and Smith Mark J
Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,100,000 Chicago Title
Smith Florence M -- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $880,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/31/2023 01/31/23 Sold $1,100,000 -24.1% $138 / Sq Ft
11/30/2022 11/30/22 Pending -- -- --
08/31/2022 08/31/22 For Sale $1,450,000 -- $182 / Sq Ft
Source: Central Virginia Regional MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $9,637 $1,033,800 $99,400 $934,400
2025 $6,306 $1,033,800 $99,400 $934,400
2024 $6,306 $1,033,800 $99,400 $934,400
2023 $6,306 $1,033,800 $99,400 $934,400
2022 $6,306 $1,033,800 $99,400 $934,400
2021 $6,306 $1,033,800 $99,400 $934,400
2020 $6,306 $1,033,800 $99,400 $934,400
2019 $5,660 $927,900 $105,400 $822,500
2018 $5,660 $927,900 $105,400 $822,500
2017 $5,660 $927,900 $105,400 $822,500
2016 $5,660 $927,900 $105,400 $822,500
2015 $571 $927,900 $105,400 $822,500
2014 $5,196 $927,900 $105,400 $822,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2224136

Central Virginia Regional MLS

APN: 121-A-22

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