NOT LISTED FOR SALE

3227 Elon Rd Monroe, VA 24574

Estimated Value: $244,711 - $342,000

3 Beds
2 Baths
1,393 Sq Ft
$218/Sq Ft Est. Value

Last Sold September 06, 2016

Last sale price $172,000 $123 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $1,715/month

95 Days on Market

Highlights

  • Living Room with Fireplace
  • En-Suite Primary Bedroom
  • Landscaped
  • Wood Flooring
  • Outdoor Storage
  • Ceiling Fan

About This Home

As of September 2016

Perfect location for your horses. Ready to move in. Freshly painted, custom kitchen cabinets, hardwood floors, storage building and a 18X21 carport. Hot water heater replaced in 2014, 80 gallon. A must see property.

Last Agent to Sell the Property

Kevin Turner

Century 21 ALL-SERVICE-BED License #0225019642 Listed on: 05/27/2016

Century 21 ALL-SERVICE-BED

Last Buyer's Agent

Meagan Templeton

Magnolia Mountain Realty License #0225207174

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $844

Year Built

  • Built in 2003

Lot Details

  • 5.18 Acre Lot
  • Landscaped

Home Design

  • Split Level Home
  • Shingle Roof

Interior Spaces

  • 1,393 Sq Ft Home
  • Multi-Level Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Scuttle Attic Hole
  • Electric Range
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Basement

  • Interior and Exterior Basement Entry
  • Fireplace in Basement
  • Laundry in Basement

Outdoor Features

  • Outdoor Storage

Schools

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

Utilities

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

Community Details

  • Homewood Bounds Subdivision

Listing and Financial Details

  • Assessor Parcel Number 121A-1-A1

Home Details

Home Type

Single Family

Est. Annual Taxes

$844

Year Built

Built in 2003

Lot Details

5.18 Acres

Listing Details

  • FILLACRES: 5.1750
  • BuildingOnProperty: Storage Building
  • Directions: From Madison Heights take Rt. 130 towards Elon. Go about 6 miles to property on left just past entrance to Homewood Bounds.
  • Lot Measurement: Acres
  • Lot Sq Ft: 225423.00
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 121A-1-A1
  • Year Built: 2003
  • Heating System: Heat Pump
  • Building Stories: Multi/Split
  • Dwelling Styles: Split Level
  • Laundryroom Dim: 0.000 x 0.000
  • Living Room Dim: 11.000 x 16.000
  • Livingroom Len: 11.000
  • Livingroom Wid: 16.000
  • Masterbedroom Area: 154.000000
  • Master Bedroom Dim: 11.000 x 14.000
  • Masterbedroom Len: 11.000
  • Masterbedroom Wid: 14.000
  • Office Dim: 0.000 x 0.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 2.00
  • Bathrooms Display: 2 (2 0)
  • Lower Floor 1 Bedrooms: 3
  • Broker Approved: Yes
  • Legal Description: Part of Tract 1 Homewood Bounds
  • Reciprocal Listing: No
  • Second Bedroom: 9x11 Level: Level 1 Above Grade
  • Second Bedroom Area: 99.000000
  • Third Bedroom: 9x10 Level: Level 1 Above Grade
  • Third Bedroom Area: 90.000000
  • Above Grade Finished Sq Ft: 1069.00
  • ApplianceConvey: Range-Elec, Refrigerator
  • Has Attic: Scuttle
  • Has Basement: Exterior Entrance, Fireplace, Interior Entrance
  • Flooring: Hardwood, Vinyl
  • Year Built Exception: 0
  • Family Room: 12x20 Level: Below Grade
  • Fireplace: Gas Log, Living Room
  • Formal Dining: 9x11 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 2
  • Interior Amenities: Ceiling Fan(s), Drywall, Master Bed w/ Bath
  • Dining Kitchen: 11x10 Level: Level 1 Above Grade
  • Laundry: Basement, Dryer Connection, Washer Connections
  • Living Room: 11x16 Level: Level 1 Above Grade
  • Master Bedroom: 11x14 Level: Level 1 Above Grade
  • FamilyRoom Area: 240.000000
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 110.000000
  • LivingRoom Area: 176.000000
  • Est Other Room1 Dim: 0.000 x 0.000
  • Est Other Room2 Dim: 0.000 x 0.000
  • 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: Landscaped

Garage/Parking

  • Carport: 18x21 Level: Level 1 Above Grade
  • Garage Dim: 0.000 x 0.000

Utilities

  • Air Conditioner: Heat Pump
  • Sewer: Septic Tank
  • Hot Water: Well
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors
  • Subdivision Complex: Homewood Bounds

Schools

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

Lot Info

  • Lot Sq Ft: 1393.00

Tax Info

  • Estimated Taxes: 844

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2016
Closed on
Aug 31, 2016
Sold by
Floyd Jeffrey Lane
Bought by
Reedy Evan M and Reedy Angela S
Seller's Agent
Kevin Turner
Century 21 ALL-SERVICE-BED
Buyer's Agent
Meagan Templeton
Magnolia Mountain Realty
List Price
$174,900
Sold Price
$172,000
Premium/Discount to List
-$2,900
-1.66%
Current Estimated Value
$304,178

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,178
Avg. Annual Appreciation
6.21%
Original Mortgage
$163,400
Outstanding Balance
$128,953
Interest Rate
3.48%
Mortgage Type
New Conventional
Estimated Equity
$175,225
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Reedy Evan M $172,000 Reliance Title & Stlmnt Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reedy Evan M $163,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/06/2016 09/06/16 Sold $172,000 -1.7% $123 / Sq Ft
08/30/2016 08/30/16 Pending -- -- --
05/27/2016 05/27/16 For Sale $174,900 -- $126 / Sq Ft
Source: Lynchburg Association of REALTORS®

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
2026 $1,770 $290,200 $50,000 $240,200
2025 $888 $145,600 $41,700 $103,900
2024 $888 $145,600 $41,700 $103,900
2023 $888 $145,600 $41,700 $103,900
2022 $888 $145,600 $41,700 $103,900
2021 $888 $145,600 $41,700 $103,900
2020 $888 $145,600 $41,700 $103,900
2019 $919 $150,700 $47,700 $103,000
2018 $919 $150,700 $47,700 $103,000
2017 $919 $150,700 $47,700 $103,000
2016 $919 $150,700 $47,700 $103,000
2015 $844 $150,700 $47,700 $103,000
2014 $844 $150,700 $47,700 $103,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 298913

APN: 121A-1-A1

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