NOT LISTED FOR SALE

424 Cloudcroft Dr Monroe, VA 24574

Estimated Value: $490,948 - $571,000

4 Beds
4 Baths
2,756 Sq Ft
$193/Sq Ft Est. Value

Last Sold October 22, 2021

Last sale price $389,000 $141 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $3,129/month

2 Days on Market

Highlights

  • River Nearby
  • Wood Flooring
  • Workshop
  • Creek or Stream View
  • Great Room
  • Formal Dining Room

About This Home

As of October 2021

Beautiful and Spacious Home with AMAZING Views ! The estate size lot with creek is beautiful and private. The home has been freshly painted and is move in ready . One visit to Cloudcroft and you will see why the residents love it. The current Owners have resided here for over 22 years. Call today to schedule your tour of this exceptional property.

Last Listed By

Ted Jordan

Realty ONE Group Leading Edge License #0225175309 Listed on: 09/12/2021

Realty ONE Group Leading Edge

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,841

Year Built

  • Built in 1988

Lot Details

  • 5.28 Acre Lot
  • Landscaped
  • Property is zoned R1

HOA Fees

  • $25 Monthly HOA Fees

Property Views

  • Creek or Stream
  • Mountain

Home Design

  • Shingle Roof

Interior Spaces

  • 2,756 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Great Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Workshop
  • Scuttle Attic Hole
  • Fire and Smoke Detector
  • Washer and Dryer Hookup

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Workshop
  • Laundry in Basement

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • River Nearby
  • Outdoor Storage

Schools

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

Utilities

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

Community Details

  • Association fees include road maintenance
  • Cloudcroft Subdivision

Listing and Financial Details

  • Assessor Parcel Number 120-3-4

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,841

Year Built

Built in 1988

Lot Details

0

HOA Fees

$25 per month

Listing Details

  • AssocFeeOptional: Required
  • BuildingOnProperty: Storage Building
  • Directions: Route 29 N to Madison Heights. Take Route 130 West aproximately 9 miles to Mt Tabor Rd on right. Mt Tabor becomes Cloudcroft Dr. Home is on the right.
  • Internet Providers: Verizon
  • Lot Measurement: Acres
  • Lot Sq Ft: 229997.00
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 120-3-4
  • Year Built: 1988
  • HalfBathBelowGrade: 1
  • Heating System: Heat Pump
  • Building Stories: Two
  • Dwelling Styles: Two Story
  • Foyer Area: 45.000000
  • Laundryroom Dim: 0.000 x 0.000
  • Living Room Dim: 16.000 x 13.000
  • Livingroom Len: 16.000
  • Livingroom Wid: 13.000
  • Masterbedroom Area: 210.000000
  • Master Bedroom Dim: 15.000 x 14.000
  • Masterbedroom Len: 15.000
  • Masterbedroom Wid: 14.000
  • Office Dim: 0.000 x 0.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 4.00
  • Bathrooms Display: 4 (2 2)
  • Lower Floor 1 Bedrooms: 4
  • Broker Approved: Yes
  • Legal Description: RESUB CLOUDCROFT SEC I LOT 4
  • Reciprocal Listing: No
  • Second Bedroom: 12x12 Level: Level 2 Above Grade
  • Second Bedroom Area: 144.000000
  • Third Bedroom: 12x11 Level: Level 2 Above Grade
  • Third Bedroom Area: 132.000000
  • Fourth Bedroom: 24x20 Level: Below Grade
  • Fourth Bedroom Area: 480.000000
  • Above Grade Finished Sq Ft: 2106.00
  • ApplianceConvey: Dishwasher, Microwave, Range-Elec
  • Has Attic: Scuttle
  • Has Basement: Exterior Entrance, Finished, Full, Heated, Interior Entrance, Walkout, Workshop
  • Breakfast Area: 14x9 Level: Level 1 Above Grade
  • Flooring: Carpet, Hardwood, Tile, Vinyl
  • Year Built Exception: 0
  • Deck: 34x9 Level: Level 1 Above Grade
  • Family Room: 20x13 Level: Level 1 Above Grade
  • Fireplace: 1 Fireplace, Living Room, Wood Burning
  • Formal Dining: 12x12 Level: Level 1 Above Grade
  • Foyer: 9x5 Level: Level 1 Above Grade
  • Level 2 Full Bathrooms: 2
  • First Level Half Bathrooms: 1
  • Interior Amenities: Cable Available, Cable Connections, Ceiling Fan(s), Great Room, High Speed Data Aval, Master Bed w/ Bath, Separate Dining Room, Smoke Alarm, Walk-In Closet(s), Workshop
  • Dining Kitchen: 10x10 Level: Level 1 Above Grade
  • Laundry: Basement, Dryer Connection, Washer Connections
  • Living Room: 16x13 Level: Level 1 Above Grade
  • Master Bedroom: 15x14 Level: Level 2 Above Grade
  • Porch: 32x6 Level: Level 1 Above Grade
  • FamilyRoom Area: 260.000000
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 100.000000
  • LivingRoom Area: 208.000000
  • 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

  • Lot Number: 4
  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: River Nearby, Paved Drive, Landscaped, Insulated Glass, Stream/Creek, Mountain Views

Garage/Parking

  • Attached Garage: 2 Car
  • Garage Spaces: Garage Door Opener
  • Garage Area: 440.000000
  • Garage Dim: 22.000 x 20.000
  • GarageLen: 22.000
  • GarageWid: 20.000

Utilities

  • Utility Electric: AEP/Appalachian Powr
  • Air Conditioner: Heat Pump, Two-Zone
  • Sewer: Septic Tank
  • Hot Water: Well
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA Fee Frequency: Yearly
  • HOA Includes: Road Maintenance
  • HOA: Lynchburg Board of Realtors
  • Association Fee: 300.00
  • Subdivision Complex: Cloudcroft

Schools

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

Lot Info

  • Lot Sq Ft: 2756.00
  • Zoning: R1

Tax Info

  • Estimated Taxes: 1841

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2021
Closed on
Oct 19, 2021
Sold by
Mathews Thomas A and Mathews Leslie L
Bought by
Layne David J and Layne Lisa Bankston
Seller's Agent
Ted Jordan
Realty ONE Group Leading Edge
Buyer's Agent
Joseph Kilgore
Montague Miller And Co.-Amher
List Price
$389,000
Sold Price
$389,000
Total Days on Market
2
Current Estimated Value
$530,987

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,987
Avg. Annual Appreciation
5.16%

Range of Values:

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Average Value
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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
Layne David J $389,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mathews Thomas A $256,000
Previous Owner Mathews Thomas S $42,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/22/2021 10/22/21 Sold $389,000 0.0% $141 / Sq Ft
09/14/2021 09/14/21 Pending -- -- --
09/12/2021 09/12/21 For Sale $389,000 -- $141 / 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 $1,920 $314,800 $46,800 $268,000
2024 $1,920 $314,800 $46,800 $268,000
2023 $1,920 $314,800 $46,800 $268,000
2022 $1,920 $314,800 $46,800 $268,000
2021 $1,841 $301,800 $46,800 $255,000
2020 $1,841 $301,800 $46,800 $255,000
2019 $1,728 $283,200 $52,800 $230,400
2018 $1,728 $283,200 $52,800 $230,400
2017 $1,728 $283,200 $52,800 $230,400
2016 $1,728 $283,200 $52,800 $230,400
2015 $1,586 $283,200 $52,800 $230,400
2014 $1,586 $283,200 $52,800 $230,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 334089

APN: 120-3-4