$600,000
SOLD JAN 22, 2025

3543 Elon Rd Monroe, VA 24574

3 Beds
3 Baths
3,776 Sq Ft
30.38 Acres

Recently Sold

$159 Per Sq Ft

1 Day on Market

Highlights

  • Spa
  • Mountain View
  • Multiple Fireplaces
  • 30.38 Acre Lot
  • Secluded Lot
  • Freestanding Bathtub

About This Home

As of January 2025

For comp purposes only.

Last Agent to Sell the Property

Lauren Bell

Lauren Bell Real Estate, Inc. License #0225222641 Listed on: 01/20/2025

Last Buyer's Agent

Chris Davies

Lauren Bell Real Estate, Inc. License #0225234052

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,531

Year Built

  • Built in 1969

Lot Details

  • 30.38 Acre Lot
  • Fenced Yard
  • Secluded Lot

Home Design

  • Shingle Roof

Interior Spaces

  • 3,776 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Multiple Fireplaces
  • Wood Burning Fireplace
  • Great Room
  • Formal Dining Room
  • Den
  • Workshop
  • Mountain Views
  • Walkup Attic
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Microwave
  • Disposal

Flooring

  • Ceramic Tile
  • Vinyl Plank

Bedrooms and Bathrooms

  • Walk-In Closet
  • Freestanding Bathtub
  • Garden Bath

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Finished 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

  • Garage
  • Basement Garage

Pool

  • Spa

Schools

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

Utilities

  • Heat Pump System
  • Well
  • Electric Water Heater
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Community Details

  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 120-A-15

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,531

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Directions: Rt 130, approximately 8 miles to driveway on left, next driveway past Crane Drive.
  • Days On Market: No
  • Prop. Type: Residential
  • Year Built: 1969
  • FullBathBelowGrade: 1
  • Garage Yn: Yes
  • Foyer Area: 65.000000
  • Property Sub-Type: Single Family Residence
  • Above Grade Finished Sq Ft: 2112.00
  • Architectural Style: Ranch
  • Laundryroom Dim: 13.000 x 8.000
  • Office Dim: 0.000 x 0.000
  • Laundryroom Len: 13.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 3.00
  • Bathrooms Display: 3 (3 0)
  • Broker Approved: Yes
  • Reciprocal Listing: No
  • Has Attic: Walk-Up Stairs
  • Has Basement: Exterior Entrance, Finished, Fireplace, Full, Garage, Heated, Interior Entrance, Walkout
  • Breakfast Area: 0x0 Level:
  • Flooring: Ceramic Tile, Vinyl Plank
  • Deck: 0x0 Level:
  • Den: 32x16 Level: Level 1 Above Grade
  • Family Room: 0x0 Level:
  • Formal Dining: 0x0 Level:
  • Foyer: 13x5 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 2
  • Great Room: 32x14 Level: Level 1 Above Grade
  • Interior Amenities: Cable Available, Cable Connections, Ceiling Fan(s), Drywall, Free-Standing Tub, Garden Tub, Great Room, High Speed Data Aval, Main Level Bedroom, Main Level Den, Primary Bed w/Bath, Separate Dining Room, Smoke Alarm, Walk-In Closet(s), Workshop
  • Dining Kitchen: 24x13 Level: Level 1 Above Grade
  • Laundry: Basement, Dryer Connection, Laundry Room, Separate Laundry Rm., Washer Connections
  • Laundry Room: 13x8 Level: Below Grade
  • Living Room: 0x0 Level:
  • Master Bedroom: 15x12 Level: Level 1 Above Grade
  • Office: 0x0 Level:
  • Other Room 1: 0x0 Level:
  • Other Room 2: 0x0 Level:
  • Other Room 3: 0x0 Level:
  • Porch: 32x7 Level: Level 1 Above Grade
  • Rec Room: 0x0 Level:
  • Screened Porch: 0x0 Level:
  • Sun Room: 26x14 Level: Level 1 Above Grade
  • Appliances: Disposal, Microwave, Range-Elec, Refrigerator
  • Fireplace: 2 Fireplaces, Den, Wood Burning
  • Stories: One
  • Sixth Bedroom: 0x0 Level:
  • Fifth Bedroom: 0x0 Level:
  • Third Bedroom: 11x11 Level: Level 1 Above Grade
  • Fourth Bedroom: 0x0 Level:
  • Second Bedroom: 14x11 Level: Level 1 Above Grade
  • Room Bedroom3 Area: 121.000000
  • Room Master Bedroom Area: 180.000000
  • Den Area: 512.000000
  • GreatRoom Area: 448.000000
  • Room Kitchen Area: 312.000000
  • Room Bedroom2 Area: 154.000000
  • MasterBedroomDimensions Dim: 15.000 x 12.000
  • Kitchen Dim: 24.000 x 13.000
  • Sunroom Dim: 26.000 x 14.000
  • Master Bedroom Master Bedroom Width: 12.000

Exterior Features

  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: Deck, Patio, Front Porch, Whole House Generator, Fenced Yard, Hot Tub, Secluded Lot, Mountain Views
  • Patio: 32x14 Level: Below Grade

Garage/Parking

  • Carport: 30x36 Level: Level 1 Above Grade
  • Garage Area: 560.000000
  • Garage Dim: 35.000 x 16.000
  • GarageLen: 35.000
  • GarageWid: 16.000
  • General Property Description:_pound_ Attached Garage Spaces: 1 Car
  • Garage Description: In Basement

Utilities

  • Utility Electric: AEP/Appalachian Powr
  • Cooling: Heat Pump
  • Sewer: Septic Tank
  • Water Heater: Electric
  • Heating: Heat Pump
  • Water Source: Well

Schools

  • Elementary School: Elon Elem
  • High School: Amherst High
  • Middle School: Amherst Midl
  • Junior High Dist: Amherst

Lot Info

  • Acres: 30.3800
  • Lot Size Sq Ft: 1323353.00
  • ResoLotSizeUnits: Acres
  • Parcel Number: 120-A-15
  • ResoLotSizeUnits: Acres

Rental Info

  • Sub Lease: No
  • Sub Lease Expiration Date: 1800-01-01T00:00:00.000-05:00

Tax Info

  • Estimated Taxes: 1531

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2025
Closed on
Jan 10, 2025
Sold by
Kingrea Zachary D and Kingrea Candace B
Bought by
Carter Ashley and Carter Mitchell
Seller's Agent
Lauren Bell
Lauren Bell Real Estate, Inc.
Buyer's Agent
Chris Davies
Lauren Bell Real Estate, Inc.
List Price
$600,000
Sold Price
$600,000
Views
2
Current Estimated Value
$600,826

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$826
Avg. Annual Appreciation
0.14%
Original Mortgage
$570,000
Outstanding Balance
$565,878
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$34,948

Purchase Details

Listed on
Aug 23, 2021
Closed on
Nov 22, 2021
Sold by
Simms Dennis W and Simms Elizabeth A
Bought by
Kingrea Zachary D and Kingrea Candace B
Seller's Agent
Christy Johnson
Four Rivers Realty Group, Inc.
Buyer's Agent
Lauren Bell
Lauren Bell Real Estate, Inc.
List Price
$449,900
Sold Price
$435,000
Premium/Discount to List
-$14,900
-3.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.86%
Original Mortgage
$300,000
Interest Rate
3.09%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 25, 2016
Closed on
Aug 31, 2016
Sold by
Mcgrath Carol C
Bought by
Simms Dennis W and Simms Elizabeth A
Seller's Agent
Teresa Hudson
John Stewart Walker, Inc
Buyer's Agent
Elizabeth Simms
Four Rivers Realty Group, Inc.
List Price
$305,900
Sold Price
$265,000
Premium/Discount to List
-$40,900
-13.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.94%
Original Mortgage
$276,844
Interest Rate
3.43%
Mortgage Type
VA

Purchase Details

Closed on
Jun 8, 2015
Sold by
Mcgrath Richard L and Mcgrath Aka Carol C Jones Carol C
Bought by
Mcgrath Carol C

Purchase Details

Closed on
Mar 2, 2015
Sold by
Mcgrath Carol C
Bought by
Mcgrath Carol C and Sleepy Mountain Farm Llc

Purchase Details

Closed on
May 21, 2011
Sold by
Mcgrath Richard L and Mcgrath Carol C
Bought by
Mcgrath Richard L and Mcgrath Carol C
Source: Public Records

Range of Values:

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

Date Type Sale Price Title Company
Bargain Sale Deed $600,000 None Listed On Document
Warranty Deed $435,000 Attorney
Warranty Deed $265,000 None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $570,000 New Conventional
Previous Owner $300,000 New Conventional
Previous Owner $276,844 VA
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/22/2025 01/22/25 Sold $600,000 0.0% $159 / Sq Ft
01/21/2025 01/21/25 Pending -- -- --
01/20/2025 01/20/25 For Sale $600,000 +37.9% $159 / Sq Ft
12/10/2021 12/10/21 Sold $435,000 -3.3% $115 / Sq Ft View Prior Sale
10/26/2021 10/26/21 Pending -- -- --
08/23/2021 08/23/21 For Sale $449,900 +69.8% $119 / Sq Ft
09/19/2016 09/19/16 Sold $265,000 -13.4% $81 / Sq Ft View Prior Sale
08/17/2016 08/17/16 Pending -- -- --
04/25/2016 04/25/16 For Sale $305,900 -- $94 / 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 $1,155 $189,400 $33,800 $155,600
2024 $1,531 $251,000 $95,400 $155,600
2023 $1,531 $251,000 $95,400 $155,600
2022 $1,531 $251,000 $95,400 $155,600
2021 $1,531 $251,000 $95,400 $155,600
2020 $1,531 $251,000 $95,400 $155,600
2019 $1,505 $246,800 $101,400 $145,400
2018 $1,505 $246,800 $101,400 $145,400
2017 $1,117 $244,700 $101,400 $143,300
2016 $1,493 $246,800 $103,500 $143,300
2015 $1,027 $246,800 $103,500 $143,300
2014 $1,027 $246,800 $103,500 $143,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 356645

APN: 120-A-15