NOT LISTED FOR SALE

2801 Cotton Patch Rd Gretna, VA 24557

Estimated Value: $102,454 - $215,000

3 Beds
1.5 Baths
1,008 Sq Ft
$158/Sq Ft Est. Value

Last Sold March 17, 2015

Last sale price $75,900 $75 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $833/month

252 Days on Market

Highlights

  • Greenhouse
  • Ranch Style House
  • 1 Attached Carport Space
  • Gretna Elementary School Rated A-
  • Wood Flooring
  • Central Air

About This Home

As of March 2015

GREAT LOCATION! This well maintained home is located 1 mile from the new Medical Center in Gretna, 5 miles to Leesville Lake and 15 miles to Smith Mountain Lake, 45 minutes to Lynchburg, and 30 minutes to Danville. This home is Very CLEAN, inside and out, MOVE-IN READY! It offers 3 BR's, 1.5 BA, HW Flrs, ceiling fans, full unfinished bsmt, small storage bldg., and large level lot w/ garden area.

Last Agent to Sell the Property

Oscar Robertson

JEFF DAVIS & ASSOCIATES, LLC License #0225186235 Listed on: 06/06/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $478

Year Built

  • Built in 1994

Lot Details

  • Level Lot
  • Property is zoned RC-1

Home Design

  • Ranch Style House
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,008 Sq Ft Home
  • Ceiling Fan
  • Electric Range

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Laundry in Basement

Parking

  • 1 Parking Space
  • 1 Attached Carport Space

Outdoor Features

  • Greenhouse
  • Outbuilding

Schools

  • Gretna Elementary And Middle School
  • Gretna High School

Utilities

  • Central Air
  • Heat Pump System
  • Bottled Gas Heating
  • Well
  • Septic Tank

Home Details

Home Type

Single Family

Est. Annual Taxes

$478

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Road Frontage
  • Road Surface Type: Paved
  • Subdivision Name: N/A
  • Directions: From Gretna take W Gretna Rd 1.1 miles, turn left on Cotton Patch Rd, go to property on right.
  • Above Grade Finished Sq Ft: 1008
  • Architectural Style: Ranch
  • Carport Y N: Yes
  • Unit Levels: One
  • New Construction: No
  • Year Built: 1994
  • Special Features: None

Interior Features

  • Appliances: Electric Range, Refrigerator, Washer, Dryer
  • Has Basement: Full, Unfinished, Exterior Entry, Interior Entry
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Vinyl, Hardwood
  • Interior Amenities: 1st Floor Bedroom, Ceiling Fan(s), 1st Floor Master Bedroom
  • Living Area: 1008

Exterior Features

  • Lot Features: 1-5 acres, Level
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Other Structures: Outbuilding, Garden/Greenhouse
  • Patio And Porch Features: None
  • Property Condition: 11 to 20 Years Old
  • Roof: Composition

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 1
  • Covered Parking Spaces: 1
  • Parking Features: Carport-Single Attached
  • Total Parking Spaces: 1

Utilities

  • Laundry Features: Electric Dryer Hookup, Washer Hookup, In Basement
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Electric, Bottled Gas, Heat Pump
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Well

Schools

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

Lot Info

  • Zoning: RC-1

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 478

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2014
Closed on
Mar 13, 2015
Sold by
Smith Joyce A
Bought by
Horizon Home Rentals And Prop
Seller's Agent
Oscar Robertson
JEFF DAVIS & ASSOCIATES, LLC
List Price
$99,900
Sold Price
$75,900
Premium/Discount to List
-$24,000
-24.02%
Current Estimated Value
$159,114

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,214
Avg. Annual Appreciation
7.09%
Original Mortgage
$60,720
Outstanding Balance
$46,488
Interest Rate
3.67%
Mortgage Type
Land Contract Argmt. Of Sale
Estimated Equity
$112,626
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Horizon Home Rentals And Prop $14,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Horizon Home Rentals And Prop $60,720
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/17/2015 03/17/15 Sold $75,900 -24.0% $75 / Sq Ft
02/15/2015 02/15/15 Pending -- -- --
06/07/2014 06/07/14 For Sale $99,900 -- $99 / 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 $112 $20,000 $10,000 $10,000
2024 $112 $20,000 $10,000 $10,000
2023 $112 $20,000 $10,000 $10,000
2022 $87 $14,000 $10,000 $4,000
2021 $87 $14,000 $10,000 $4,000
2020 $87 $14,000 $10,000 $4,000
2019 $87 $14,000 $10,000 $4,000
2018 $87 $14,000 $10,000 $4,000
2017 $83 $14,000 $10,000 $4,000
2016 $83 $14,000 $10,000 $4,000
2015 $62 $14,000 $10,000 $4,000
2011 -- $14,000 $10,000 $4,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Dan River Region Association of REALTORS®

MLS Number: 51400

APN: 2520-07-4362