NOT LISTED FOR SALE

3191 Elon Rd Monroe, VA 24574

Estimated Value: $435,674 - $586,000

3 Beds
3 Baths
2,314 Sq Ft
$213/Sq Ft Est. Value

Last Sold April 22, 2021

Last sale price $350,000 $151 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $2,593/month

3 Days on Market

Highlights

  • Barn
  • Ranch Style House
  • Formal Dining Room
  • 25.13 Acre Lot
  • Wood Flooring
  • Separate Outdoor Workshop

About This Home

As of April 2021

Amazing opportunity to purchase this 3 bedroom, 3 bathroom with features like a spacious great room with fireplace and sliders leading to the screened porch, main level master suite with private bath and walk-in closeton 25 acres bordering Salt Creek Ct. and a creek at the back. There is a garage/workshop, 2 stall horse barn, fenced pasture! family room in basement with wood stove. Tons of storage space here.

Last Agent to Sell the Property

Polly Wooldridge

NextHome TwoFourFive License #0225052448 Listed on: 03/22/2021

NextHome TwoFourFive

Co-Listed By

Lisa Garrett

NextHome TwoFourFive License #0225240937

Last Buyer's Agent

Billy Morris

John Stewart Walker, Inc License #0225225755

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,600

Year Built

  • Built in 1997

Lot Details

  • 25.13 Acre Lot
  • Landscaped
  • Garden
  • Property is zoned A1

Home Design

  • Ranch Style House
  • Shingle Roof

Interior Spaces

  • 2,314 Sq Ft Home
  • Ceiling Fan
  • Great Room with Fireplace
  • Formal Dining Room
  • Attic Access Panel
  • Fire and Smoke Detector
  • Electric Range

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom

Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Fireplace in Basement
  • Laundry in Basement

Parking

  • 1 Car Detached Garage
  • 1 Carport Space

Schools

  • Elon Elementary School
  • Monelison Midl Middle School
  • Amherst High School

Utilities

  • Heat Pump System
  • Well
  • Electric Water Heater
  • Septic Tank

Additional Features

  • Separate Outdoor Workshop
  • Barn

Listing and Financial Details

  • Assessor Parcel Number 121A1A

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,600

Year Built

Built in 1997

Lot Details

0

Listing Details

  • FILLACRES: 25.1250
  • BuildingOnProperty: Barn, Workshop
  • Directions: From Madison Heights - Left on Rt. 130 (Elon Rd.) for 7.7 miles to property on Left. Look for brick Homewood Bounds Sign.
  • Internet Providers: Verizon, Other
  • Lot Measurement: Acres
  • Lot Sq Ft: 1094445.00
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 121A1A
  • Year Built: 1997
  • Detached Garage: 1 Car
  • FullBathBelowGrade: 1
  • Heating System: Heat Pump
  • Building Stories: One
  • Dwelling Styles: Ranch
  • Foyer Area: 72.000000
  • Laundryroom Dim: 0.000 x 0.000
  • Living Room Dim: 0.000 x 0.000
  • Masterbedroom Area: 182.000000
  • Master Bedroom Dim: 13.000 x 14.000
  • Masterbedroom Len: 13.000
  • Masterbedroom Wid: 14.000
  • Office Dim: 0.000 x 0.000
  • Other Room1 Area: 696.000000
  • Other Room1 Len: 24.000
  • Other Room2 Area: 754.000000
  • Other Room2 Len: 26.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 3.00
  • Bathrooms Display: 3 (3 0)
  • Lower Floor 1 Bedrooms: 3
  • Broker Approved: Yes
  • Legal Description: Tract 1 Homewood Bounds
  • Reciprocal Listing: No
  • Second Bedroom: 11x10 Level: Level 1 Above Grade
  • Second Bedroom Area: 110.000000
  • Third Bedroom: 11x10 Level: Level 1 Above Grade
  • Third Bedroom Area: 110.000000
  • Above Grade Finished Sq Ft: 1560.00
  • ApplianceConvey: Range-Elec, Refrigerator
  • Has Attic: Access
  • Has Basement: Exterior Entrance, Fireplace, Full, Heated, Interior Entrance, Walkout
  • Flooring: Carpet, Hardwood, Vinyl
  • Year Built Exception: 0
  • Fireplace: 1 Fireplace, Great Room
  • Formal Dining: 10x11 Level: Level 1 Above Grade
  • Foyer: 6x12 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 2
  • Great Room: 17x23 Level: Level 1 Above Grade
  • Interior Amenities: Cable Connections, Ceiling Fan(s), Drywall, Main Level Bedroom, Master Bed w/ Bath, Separate Dining Room, Smoke Alarm
  • Dining Kitchen: 11x11 Level: Level 1 Above Grade
  • Laundry: Basement
  • Master Bedroom: 13x14 Level: Level 1 Above Grade
  • Other Room 1: 24x29 Level: Below Grade
  • Other Room 2: 26x29 Level: Below Grade
  • GreatRoom Area: 391.000000
  • Livinggreat Room Dim: 17.000 x 23.000
  • Kitchen Area: 121.000000
  • Est Other Room1 Dim: 24.000 x 29.000
  • Est Other Room2 Dim: 26.000 x 29.000
  • Est Other Room3 Dim: 0.000 x 0.000
  • Rec Room Dim: 0.000 x 0.000
  • Sunroom Dim: 0.000 x 0.000

Exterior Features

  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: Paved Drive, Garden Space, Landscaped

Garage/Parking

  • Carport: 14x26 Level: Level 1 Above Grade
  • CarportParking: 1 Car
  • Garage Dim: 0.000 x 0.000

Utilities

  • Utility Electric: AEP/Appalachian Powr
  • Air Conditioner: Heat Pump
  • Sewer: Septic Tank
  • Hot Water: Well
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors

Schools

  • Elementary School: Elon Elem
  • High School: Amherst High
  • Middle School: Monelison Midl
  • School District: Amherst

Lot Info

  • Lot Sq Ft: 2314.00
  • Zoning: A1

Tax Info

  • Estimated Taxes: 1600

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2021
Closed on
Apr 15, 2021
Sold by
Floyd Claudia Ann and Floyd Claudia F
Bought by
Smith Living Trust and Smith
Seller's Agent
Polly Wooldridge
NextHome TwoFourFive
Buyer's Agent
Billy Morris
John Stewart Walker, Inc
List Price
$347,500
Sold Price
$350,000
Premium/Discount to List
$2,500
0.72%
Current Estimated Value
$476,548

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,548
Avg. Annual Appreciation
7.45%
Original Mortgage
$257,850
Outstanding Balance
$231,484
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$260,935
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Purchase History

Date Buyer Sale Price Title Company
Smith Living Trust $35,000 Old Republic National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Living Trust $257,850
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/22/2021 04/22/21 Sold $350,000 +0.7% $151 / Sq Ft
03/25/2021 03/25/21 Pending -- -- --
03/22/2021 03/22/21 For Sale $347,500 -- $150 / Sq Ft
Source: Lynchburg 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 $1,512 $247,800 $34,700 $213,100
2024 $1,512 $310,500 $97,400 $213,100
2023 $1,894 $310,500 $97,400 $213,100
2022 $1,864 $305,500 $97,400 $208,100
2021 $1,828 $299,600 $97,400 $202,200
2020 $1,828 $299,600 $97,400 $202,200
2019 $1,800 $295,000 $103,400 $191,600
2018 $1,800 $295,000 $103,400 $191,600
2017 $1,417 $295,000 $103,400 $191,600
2016 $1,800 $295,000 $103,400 $191,600
2015 $1,301 $295,000 $103,400 $191,600
2014 $1,301 $295,500 $103,900 $191,600
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Lynchburg Association of REALTORS®

MLS Number: 330366

APN: 121A-1-A