NOT LISTED FOR SALE

300 Cherrywood Ln Independence, VA 24348

Estimated Value: $365,000 - $602,741

3 Beds
2 Baths
1,708 Sq Ft
$284/Sq Ft Est. Value

Last Sold August 19, 2021

Last sale price $499,900 $293 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $2,787/month

48 Days on Market

Highlights

  • Horses Allowed On Property
  • Mature Trees
  • Contemporary Architecture
  • 33.5 Acre Lot
  • Deck
  • Farm

About This Home

As of August 2021

Home w/ Acreage Located in Blue Ridge Mountains. This 3 bedroom, 2 bath home located on 33.5 peaceful, tranquil acres has much to offer. The open concept living area has a cathedral ceiling and is spacious with lots of natural light and a fireplace. There are many different ways to configure this space. This home features several built in cabinets, an extra large, attached, 2 car garage, covered porches and a fenced in courtyard just off of the master suite. There is a whole house generator a leaf filter system, extra insulation in the attic. Everything here has been maintained well cared for. There is a fenced in front yard for pets and lots of mature landscaping and plantings around the home and outbuildings. There is a workshop with electricity in 4 sheds in the back of the house as well as two large sheds in front of house that could be used for studio space, storage or a workshop. 5 acres of open property are entirely fenced with a large graded area that could be ideal for a barn

Last Agent to Sell the Property

Joan Collins

Collins and Associates Realty License #0225078749 Listed on: 05/30/2021

Last Buyer's Agent

Karen Linkous

BHHS- Mountain Sky Properties, Wytheville License #0225247619

BHHS- Mountain Sky Properties, Wytheville

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,663

Year Built

  • Built in 2003

Lot Details

  • 33.5 Acre Lot
  • Wood Fence
  • Lot Has A Rolling Slope
  • Cleared Lot
  • Mature Trees
  • Wooded Lot
  • Property is zoned RF

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Open Parking

Home Design

  • Contemporary Architecture
  • Cabin
  • Block Foundation
  • Fire Rated Drywall
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,708 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Insulated Windows
  • Window Treatments
  • Wood Frame Window
  • Tile Flooring
  • Property Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Shed
  • Outbuilding

Schools

  • Grayson Highlands Elementary School
  • Independence Middle School
  • Grayson County High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Propane
  • Well
  • Electric Water Heater
  • Septic Tank

Additional Features

  • Farm
  • Horses Allowed On Property

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 70-A-88a

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,663

Year Built

Built in 2003

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Horses: Yes
  • Lot Size Acres: 33.5
  • Lot Size: 33.5
  • Subdivision Name: None
  • Directions: From the intersection of 21 and 58 in Independence, take 58 west to Cherrywood L. on left, go .3 miles to drive on right.
  • Above Grade Finished Sq Ft: 1708
  • Architectural Style: Contemporary, Cabin
  • Carport Y N: No
  • Garage Yn: Yes
  • Building Stories: 1
  • Year Built: 2003
  • Kitchen Level: First
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Range/Oven, Washer, Microwave, Dryer, Dishwasher, Electric Water Heater
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Tile
  • Interior Amenities: Ceiling Fan(s), Internet Availability Other/See Remarks
  • Living Area: 1708
  • Window Features: Insulated Windows, Wood Frames, Some Window Treatments
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom3 Level: First
  • Bathroom 2 Level: First
  • Room Bedroom2 Level: First
  • Bathroom Level: First

Exterior Features

  • Fencing: Wood
  • Lot Features: Rolling/Sloping, Wooded, Cleared, Views, Farm
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: Property Disclosure
  • Construction Type: Wood Siding, Dry Wall
  • Exterior Features: Horses Allowed, Mature Trees
  • Foundation Details: Block
  • Other Structures: Shed(s), Outbuilding
  • Patio And Porch Features: Deck, Patio, Porch Covered
  • Property Condition: Exterior Condition: Very Good, Interior Condition: Very Good
  • Roof: Shingle

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Paved, Attached, Garage Door Opener
  • Total Parking Spaces: 2

Utilities

  • Laundry Features: First Level
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Propane
  • Water Source: Well

Condo/Co-op/Association

  • Association: No

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Grayson Highlands
  • High School: Grayson County
  • Middle Or Junior School: Independence

Lot Info

  • Lot Size Sq Ft: 1459260
  • Zoning: RF
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1663.44
  • Tax Lot: 70-A-88a
  • Tax Map Number: 70-A-88a
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2021
Closed on
Aug 17, 2021
Sold by
Snyder Laurel D and The Milton A Snyder Iii Trust
Bought by
Nantz Quentin Lee and Nantz Karen Elaine
Seller's Agent
Joan Collins
Collins and Associates Realty
Buyer's Agent
Karen Linkous
BHHS- Mountain Sky Properties, Wytheville
List Price
$499,900
Sold Price
$499,900
Current Estimated Value
$485,685

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$14,215
Avg. Annual Appreciation
-0.71%
Original Mortgage
$399,920
Outstanding Balance
$368,265
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$117,420
Source: Public Records

Range of Values:

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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
Nantz Quentin Lee $499,900 Freedom Settlement Svcs Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nantz Quentin Lee $399,920
Previous Owner Snyder Iii Trustee Milton A $312,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2021 08/19/21 Sold $499,900 0.0% $293 / Sq Ft
07/18/2021 07/18/21 Pending -- -- --
05/30/2021 05/30/21 For Sale $499,900 -- $293 / Sq Ft
Source: Southwest Virginia 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 $1,932 $357,800 $146,500 $211,300
2023 $2,148 $357,800 $146,500 $211,300
2022 $1,692 $357,800 $146,500 $211,300
2021 $1,908 $286,800 $146,500 $140,300
2020 $1,879 $286,800 $146,500 $140,300
2019 $1,561 $286,800 $146,500 $140,300
2018 $1,561 $286,800 $146,500 $140,300
2017 $1,561 $286,800 $146,500 $140,300
2016 -- $286,800 $146,500 $140,300
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwest Virginia Association of REALTORS®

MLS Number: 78522

APN: 70 - A- - 88A