NOT LISTED FOR SALE

350 Elm Rd Chatham, VA 24531

Estimated Value: $297,000 - $369,802

2 Beds
2 Baths
2,221 Sq Ft
$150/Sq Ft Est. Value

Last Sold June 02, 2015

Last sale price $162,000 $73 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $1,789/month

171 Days on Market

Highlights

  • Secluded Lot
  • Wooded Lot
  • Wood Flooring
  • Union Hall Elementary School Rated 9+
  • Traditional Architecture
  • Home Office

About This Home

As of June 2015

Private driveway leads to relaxed county living at its Best! This adorable house features Dining room, open living room with fireplace, large eat-in kitchen, utility room and bath. Two Baths. Two bedrooms with dormer for extra space. The exterior is vinyl siding with replacement windows. Attached carport. Workshop building is 16 x 24.Plus over 15 acres. Buyer should verify all info. for accuracy

Last Agent to Sell the Property

Tammy Hood

GIBSON REALTY & ASSOCIATES, INC. License #0225050132 Listed on: 11/06/2014

Last Buyer's Agent

John Quinn

GIBSON REALTY & ASSOCIATES, INC. License #0225060241

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,088

Year Built

  • Built in 2005

Lot Details

  • 15.2 Acre Lot
  • Secluded Lot
  • Level Lot
  • Wooded Lot
  • Property is zoned OTR

Home Design

  • Traditional Architecture
  • Composition Roof
  • Vinyl Siding
  • Wood Composite

Interior Spaces

  • 2,221 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Storage Room
  • Storm Windows

Kitchen

  • Gas Range
  • Microwave

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • 1 Attached Carport Space

Outdoor Features

  • Covered Patio or Porch
  • Separate Outdoor Workshop
  • Outbuilding

Schools

  • Chatham Elementary And Middle School
  • Chatham High School

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • Furnace
  • Well
  • Cable TV Available

Community Details

  • Mitchell Acres Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,088

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 15.2
  • Road Frontage Type: Road Frontage
  • Road Surface Type: Unimproved
  • Subdivision Name: Mitchell Acres
  • Directions: Franklin Turnpike 12 miles, Right on to Strawberry Rd. 5.7 miles, Left on to Elm Rd. House on right.
  • Architectural Style: Traditional
  • Carport Y N: Yes
  • Unit Levels: Two
  • New Construction: No
  • Year Built: 2005
  • Special Features: None

Interior Features

  • Appliances: Gas Range, Microwave, Refrigerator, Washer, Dryer
  • Has Basement: None
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: One, Living Room
  • Fireplace: Yes
  • Flooring: Wall/Wall Carpet, Vinyl, Wood
  • Interior Amenities: Office/Study, Ceiling Fan(s), Cable TV, Storage Room, Dining Room
  • Living Area: 2221
  • Window Features: Storm Window(s)

Exterior Features

  • Lot Features: 10+ acres, Wooded, Level, Secluded
  • Home Warranty: No
  • Construction Type: Wood Composite Siding, Vinyl Siding
  • Other Structures: Outbuilding, Workshop
  • Patio And Porch Features: Porch, Front, Covered
  • Property Condition: 6 to 10 Years Old
  • Roof: 6 to 10 Years Old, Composition

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 1
  • Covered Parking Spaces: 1
  • Parking Features: Carport-Single Attached
  • Total Parking Spaces: 1

Utilities

  • Laundry Features: Gas Dryer Hookup, Washer Hookup, 1st Floor Laundry, Laundry Room
  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Natural Gas, Electric, Furnace
  • Heating Yn: Yes
  • Water Source: Well

Schools

  • Elementary School: Chatham
  • High School: Chatham
  • Middle Or Junior School: Chatham

Lot Info

  • Lot Size Sq Ft: 662112
  • Zoning: OTR
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1088

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2014
Closed on
May 2, 2015
Sold by
Cavanaugh Edward J
Bought by
Brown Christopher R
Seller's Agent
Tammy Hood
GIBSON REALTY & ASSOCIATES, INC.
Buyer's Agent
John Quinn
GIBSON REALTY & ASSOCIATES, INC.
List Price
$185,000
Sold Price
$162,000
Premium/Discount to List
-$23,000
-12.43%
Current Estimated Value
$310,603

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,603
Avg. Annual Appreciation
7.28%
Original Mortgage
$158,065
Outstanding Balance
$125,563
Interest Rate
3.76%
Mortgage Type
FHA
Estimated Equity
$209,378
Source: Public Records

Range of Values:

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Average Value
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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
Brown Christopher R $162,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Christopher R $158,065
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2015 06/02/15 Sold $162,000 -12.4% $73 / Sq Ft
05/03/2015 05/03/15 Pending -- -- --
11/12/2014 11/12/14 For Sale $185,000 -- $83 / Sq Ft
Source: Dan River Region 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 $1,698 $303,200 $40,400 $262,800
2024 $1,698 $303,200 $40,400 $262,800
2023 $1,698 $303,200 $40,400 $262,800
2022 $1,388 $204,500 $40,400 $164,100
2021 $1,268 $204,500 $40,400 $164,100
2020 $1,268 $204,500 $40,400 $164,100
2019 $1,268 $204,500 $40,400 $164,100
2018 $1,268 $204,500 $40,400 $164,100
2017 $1,114 $204,500 $40,400 $164,100
2016 $1,114 $188,800 $40,400 $148,400
2015 $1,064 $188,800 $40,400 $148,400
2011 -- $180,500 $33,600 $146,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Dan River Region Association of REALTORS®

MLS Number: 52203

APN: 1475-87-9423