$345,000
SOLD DEC 16, 2024

305 Colonial Hill Dr Bassett, VA 24055

3 Beds
2 Baths
2,916 Sq Ft
2.19 Acres

Recently Sold

$118 Per Sq Ft

8% Below List Price

13 Days on Market

Highlights

  • Deck
  • 2 Fireplaces
  • Cooling Available
  • Main Floor Bedroom
  • 2 Car Attached Garage
  • Level Lot

About This Home

As of December 2024

Step into this pristine brick ranch, a true gem on 2.19 acres of private, serene land. Featuring a welcoming circle drive, this home boasts incredible, large bedrooms and a spacious kitchen with tons of storage and gleaming granite countertops. All new lighting illuminates the freshly painted interiors, offering a bright and modern feel throughout. Enjoy cozy evenings by the fireplace, and convenience with a first-floor laundry room and walk-in closet. Brand new tilt-out replacement windows ensure energy efficiency, while new flooring throughout adds a touch of elegance. This property is a perfect blend of comfort and style, ready for you to call home. Move in, relax, and start living your best life in this beautifully updated home. Come see it for yourself! Owners are licensed Real Estate agents.

Last Agent to Sell the Property

Lisa Spencer

Piedmont Realty Brokerage Email: 2764031114, piedmontmk@gmail.com License #0225204755 Listed on: 11/01/2024

Co-Listed By

Mike Keffer

Piedmont Realty Brokerage Email: 2764031114, piedmontmk@gmail.com License #0225067750

Last Buyer's Agent

Mike Keffer

Piedmont Realty Brokerage Email: 2764031114, piedmontmk@gmail.com License #0225067750

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $770

Year Built

  • Built in 1973

Lot Details

  • 2.19 Acre Lot
  • Level Lot

Parking

  • 2 Car Attached Garage
  • Tuck Under Garage
  • Garage Door Opener

Home Design

  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 2,916 Sq Ft Home
  • 2 Fireplaces
  • Laminate Flooring

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Partially Finished Basement

  • Walk-Out Basement
  • Brick Basement
  • Exterior Basement Entry
  • Block Basement Construction

Outdoor Features

  • Deck

Utilities

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

Community Details

  • Bassett Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$770

Year Built

Built in 1973

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Co List Office Mls Id: 145
  • Co List Office Phone: 276-403-1114
  • Subdivision Name: Bassett
  • Carport Y N: No
  • Garage Yn: Yes
  • Year Built: 1973
  • Attribution Contact: 2764031114, piedmontmk@gmail.com
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, As Is, Dishwasher, Electric Range, Refrigerator
  • Other Equipment: No Farm Equipment
  • Has Basement: Block, Brick, Exterior Entry, Partially Finished, Walk-Out Access
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: 2, Electric
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Laminate
  • Interior Amenities: 1st Floor Bedroom
  • Living Area: 2916

Exterior Features

  • Lot Features: Level
  • Waterfront Features: No Surface Water
  • Home Warranty: No
  • Construction Type: Brick
  • Patio And Porch Features: Deck
  • Roof: Composition

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Car Garage, Built-In, Garage Door Opener, Under
  • Total Parking Spaces: 2

Utilities

  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cable Available, Utilities On
  • Water Source: Well

Lot Info

  • Lot Size Sq Ft: 95396.4
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2024
Closed on
Dec 9, 2024
Sold by
L2m Properties Llc
Bought by
Harris Michael and Harris Rhonda
Seller's Agent
Lisa Spencer
Piedmont Realty
Buyer's Agent
Mike Keffer
Piedmont Realty
List Price
$375,000
Sold Price
$345,000
Premium/Discount to List
-$30,000
-8%
Views
26
Current Estimated Value
$304,796

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$40,204
Avg. Annual Appreciation
-0.90%
Original Mortgage
$350,505
Outstanding Balance
$349,237
Interest Rate
6.54%
Mortgage Type
New Conventional
Estimated Equity
-$6,419

Purchase Details

Closed on
Jun 21, 2024
Sold by
Foster Sebastian Anne and Foster Douglas Chad
Bought by
L2m Properties Llc
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
Deed $347,000 Commonwealth Land Title
Deed $138,800 Commonwealth Land Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $350,505 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2024 12/16/24 Sold $345,000 -0.6% $118 / Sq Ft
11/15/2024 11/15/24 Pending -- -- --
11/12/2024 11/12/24 Price Changed $347,000 -0.8% $119 / Sq Ft
11/08/2024 11/08/24 Price Changed $349,900 -6.7% $120 / Sq Ft
11/01/2024 11/01/24 For Sale $375,000 -- $129 / Sq Ft
Source: Martinsville, Henry & Patrick Counties 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 $770 $138,800 $13,400 $125,400
2023 $770 $138,800 $13,400 $125,400
2022 $770 $138,800 $13,400 $125,400
2021 $770 $138,800 $13,400 $125,400
2020 $765 $137,900 $13,400 $124,500
2019 $765 $137,900 $13,400 $124,500
2018 $76,535 $137,900 $13,400 $124,500
2017 $76,535 $137,900 $13,400 $124,500
2016 $69,003 $141,400 $13,400 $128,000
2015 $69,003 $141,400 $13,400 $128,000
2014 -- $141,400 $13,400 $128,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Martinsville, Henry & Patrick Counties Association of REALTORS®

MLS Number: 144187

APN: 068300000