NOT LISTED FOR SALE

3403 S Amherst Hwy Monroe, VA 24574

Estimated Value: $73,000 - $200,000

2 Beds
1 Bath
1,014 Sq Ft
$144/Sq Ft Est. Value

Last Sold June 15, 2020

Last sale price $42,000 $41 Per Sq Ft

Est. 248% increase in value since last sale

Current estimated payment $806/month

65 Days on Market

Highlights

  • Wood Flooring
  • Laundry Room
  • 1-Story Property
  • Storm Windows
  • Bungalow

About This Home

As of June 2020

Great investment opportunity in Monroe. Recently painted roof, pressure washed exterior, 2 bedrooms 1 bath, nice rocking chair front porch. Needs some tlc. Priced well below assessed value.

Last Agent to Sell the Property

Laura Ruff

Sam E Davis Real Estate License #0225031494 Listed on: 03/12/2020

Last Buyer's Agent

Andrew Youngs

Montague Miller And Co.-Amher License #0225066948

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $450

Year Built

  • Built in 1951

Lot Details

  • 0.55 Acre Lot

Home Design

  • Bungalow
  • Metal Roof

Interior Spaces

  • 1,014 Sq Ft Home
  • 1-Story Property
  • Wood Flooring
  • Crawl Space
  • Storm Windows

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry on main level

Schools

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

Utilities

  • Heat Pump System
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 137-A-151

Home Details

Home Type

Single Family

Est. Annual Taxes

$450

Year Built

Built in 1951

Lot Details

0

Listing Details

  • FILLACRES: 0.5490
  • Directions: From Madison Heights, 29 business north to property on right.
  • Lot Measurement: Acres
  • Lot Sq Ft: 23914.00
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 137-A-151
  • Year Built: 1951
  • Heating System: Heat Pump
  • Building Stories: One
  • Dwelling Styles: Bungalow
  • Laundryroom Dim: 6.000 x 14.000
  • Laundryroom Len: 6.000
  • Living Room Dim: 15.000 x 15.000
  • Livingroom Len: 15.000
  • Livingroom Wid: 15.000
  • Masterbedroom Area: 144.000000
  • Master Bedroom Dim: 12.000 x 12.000
  • Masterbedroom Len: 12.000
  • Masterbedroom Wid: 12.000
  • Office Dim: 0.000 x 0.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 1.00
  • Bathrooms Display: 1 (1 0)
  • Lower Floor 1 Bedrooms: 2
  • Broker Approved: Yes
  • Legal Description: Lot 1 Route 29 Near Monroe
  • Reciprocal Listing: No
  • Second Bedroom: 12x12 Level: Level 1 Above Grade
  • Second Bedroom Area: 144.000000
  • Above Grade Finished Sq Ft: 1014.00
  • ApplianceConvey: None
  • Has Attic: Other
  • Has Basement: Crawl Space
  • Flooring: Hardwood
  • Year Built Exception: 0
  • Formal Dining: 12x15 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 1
  • Interior Amenities: Main Level Bedroom
  • Dining Kitchen: 12x12 Level: Level 1 Above Grade
  • Laundry: Laundry Room, Main Level
  • Laundry Room: 6x14 Level: Level 1 Above Grade
  • Living Room: 15x15 Level: Level 1 Above Grade
  • Master Bedroom: 12x12 Level: Level 1 Above Grade
  • Porch: 34x7 Level: Level 1 Above Grade
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 144.000000
  • Laundry Room Area: 84.000000
  • LivingRoom Area: 225.000000
  • 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: Metal
  • New Construction: Completed
  • Exterior Features: Storm Windows

Garage/Parking

  • Garage Dim: 0.000 x 0.000

Utilities

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

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors

Schools

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

Lot Info

  • Lot Sq Ft: 1014.00

Tax Info

  • Estimated Taxes: 450

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2020
Closed on
Jun 11, 2020
Sold by
Hahn Nancy Suzanne
Bought by
Murray Christopher M and Campbell Jason D
Seller's Agent
Laura Ruff
Sam E Davis Real Estate
Buyer's Agent
Andrew Youngs
Montague Miller And Co.-Amher
List Price
$59,900
Sold Price
$42,000
Premium/Discount to List
-$17,900
-29.88%
Current Estimated Value
$146,112

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,112
Avg. Annual Appreciation
26.13%
Original Mortgage
$33,600
Outstanding Balance
$29,784
Interest Rate
3.2%
Mortgage Type
Credit Line Revolving
Estimated Equity
$116,328
Source: Public Records

Range of Values:

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

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
Murray Christopher M $42,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Murray Christopher M $33,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/15/2020 06/15/20 Sold $42,000 -29.9% $41 / Sq Ft
05/16/2020 05/16/20 Pending -- -- --
03/12/2020 03/12/20 For Sale $59,900 -- $59 / 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 $450 $73,800 $35,000 $38,800
2024 $450 $73,800 $35,000 $38,800
2023 $450 $73,800 $35,000 $38,800
2022 $450 $73,800 $35,000 $38,800
2021 $450 $73,800 $35,000 $38,800
2020 $450 $73,800 $35,000 $38,800
2019 $470 $77,000 $41,000 $36,000
2018 $470 $77,000 $41,000 $36,000
2017 $470 $77,000 $41,000 $36,000
2016 $470 $77,000 $41,000 $36,000
2015 $431 $77,000 $41,000 $36,000
2014 $431 $77,000 $41,000 $36,000
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2020

    Laura Ruff

    Sam E Davis Real Estate

    (434) 485-2935

    7 Total Sales

    Laura Ruff
    Section Image

  • A

    Buyer's Agent in 2020

    Andrew Youngs

    Montague Miller And Co.-Amher

See All Agents

Map

Source: Lynchburg Association of REALTORS®

MLS Number: 323852

APN: 137-A-151

Virginia Amherst County Monroe 24572

3403 S Amherst Hwy, Monroe, VA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed to be reliable but not guaranteed.

Nearby Homes