NOT LISTED FOR SALE

360 Cherry Hill Ln Rocky Mount, VA 24151

Estimated Value: $159,979

14 Acres
$11,187 Price per Acre
622,908 Sq Ft Lot

Last Sold June 06, 2022

Last sale price $130,000

Est. 23% increase in value since last sale

Current estimated payment $901/month

28 Days on Market

About This Lot

As of June 2022

Building Site Plus! This beautiful parcel of land is ready for your dream home! Current owners have already installed underground electrical, a 320 foot well, a 5 bedroom septic system and cut a path to a prime building location. 14.3 acres provides ample wide-open space, superb exposure for gardens and a year-round creek. The amenities on this parcel are too good to be true! Shed conveys with land.

Last Agent to Sell the Property

Ashley Donahue

WAINWRIGHT & CO., REALTORS(r) License #0225068678 Listed on: 04/08/2022

WAINWRIGHT & CO.,  REALTORS(r)

Last Buyer's Agent

Susan Jones

LONG & FOSTER - ROANOKE OFFICE License #0225052658

LONG & FOSTER - ROANOKE  OFFICE

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $130

Lot Details

  • 14.3

Schools

  • Sontag Elementary School
  • Ben Franklin Middle School
  • Franklin County High School

Additional Features

  • 14.3 Acre Lot
  • Underground Utilities

Listing and Financial Details

  • Tax Lot 14

Community Details

Overview

  • No Home Owners Association

Recreation

  • Stream or River on Lot

Property Details

Property Type

Land

Est. Annual Taxes

$130

Lot Details

0

Listing Details

  • Type: Land
  • CondoAssocYN: No
  • ElectricDescription: Below Ground
  • Land Sub Type: Residential - Single Family
  • Major Area: 04 - Franklin County
  • Hoa2 Or Poa: No
  • RatifiedContractDt: 2022-05-06
  • Water Class: N/A
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • Sewer Description: Private Septic
  • Water Description: Private Well

Association/Amenities

  • Misc Features: Other - See Remarks, Underground Util

Schools

  • Elementary School: Sontag
  • Middle School: Ben Franklin Middle
  • High School: Franklin County

Lot Info

  • Property Group Id: 19990816212131825981000000
  • Total Acreage: 14.30
  • Lot: 14
  • Land Type: Land (Acreage)

Tax Info

  • Taxes (6 mo): 130.00
  • FILLTAXID: 0900005314

MLS Schools

  • Elementary School: Sontag
  • HighSchool: Franklin County
  • Middle School: Ben Franklin Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2022
Closed on
Jun 2, 2022
Sold by
Cadou Paul A
Bought by
Billings Taylor and Lescure Keenan
Seller's Agent
Ashley Donahue
WAINWRIGHT & CO., REALTORS(r)
Buyer's Agent
Susan Jones
LONG & FOSTER - ROANOKE OFFICE
List Price
$150,400
Sold Price
$130,000
Premium/Discount to List
-$20,400
-13.56%
Current Estimated Value
$159,979

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,979
Avg. Annual Appreciation
6.35%
Original Mortgage
$117,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 26, 2017
Sold by
Woody Donald A and Woody Donald N
Bought by
Cadou Paul A and Cadou Rachel J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,400
Interest Rate
6.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Billings Taylor $130,000 Fidelity National Title
Cadou Paul A $42,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lescure Taylor N $467,500
Closed Billings Taylor $117,000
Previous Owner Cadou Paul A $38,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2022 06/06/22 Sold $130,000 -13.6% --
05/06/2022 05/06/22 Pending -- -- --
04/08/2022 04/08/22 For Sale $150,400 -- --
Source: Roanoke Valley 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
2024 $208 $48,400 $48,400 $0
2023 $295 $48,400 $48,400 $0
2022 $295 $48,400 $48,400 $0
2021 $129 $48,400 $48,400 $0
2020 $129 $48,400 $48,400 $0
2019 $129 $48,400 $48,400 $0
2018 $295 $48,400 $48,400 $0
2017 $36 $48,400 $48,400 $0
2016 $36 $48,400 $48,400 $0
2015 -- $48,400 $48,400 $0
2014 -- $48,400 $48,400 $0
2013 -- $48,400 $48,400 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 888443

Roanoke Valley Association of REALTORS®

APN: 0900005314