NOT LISTED FOR SALE

428 Cherrywood Ln Independence, VA 24348

Estimated Value: $116,000 - $197,000

2 Beds
1 Bath
1,620 Sq Ft
$97/Sq Ft Est. Value

Last Sold April 08, 2020

Last sale price $47,000 $29 Per Sq Ft

Est. 234% increase in value since last sale

Current estimated payment $888/month

5 Days on Market

Highlights

  • Horses Allowed On Property
  • Mature Trees
  • No HOA
  • 3.76 Acre Lot
  • Deck
  • 1 Car Detached Garage

About This Home

As of April 2020

IF YOUR LOOKING FOR PRIVACY LOOK NO FURTHER! OVER 3 ACRES THAT IS WOODED. THE HOUSE HAS 2 BEDROOMS, LIVING ROOM, DEN, KITCHEN, BATH, WOOD DECK PATIO. THE DETACHED GARAGE IS 30 X 33, YOU COULD HAVE A WORK SHOP AND THE UPPER LEVEL IS COMPLETELY OPEN AND UNFINISHED. PROPERTY LIKE THIS DOEST COME ON THE MARKET OFTEN.

Last Agent to Sell the Property

Gary Ballard

Ballard Real Estate Group LLC License #0225001568 Listed on: 03/11/2020

Last Buyer's Agent

Keith Clark

BHHS- Mountain Sky Properties-Hillsville License #0225218614

BHHS- Mountain Sky Properties-Hillsville

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $558

Year Built

  • Built in 1985

Lot Details

  • 3.76 Acre Lot
  • Mature Trees
  • Wooded Lot
  • Garden
  • Property is zoned Farm

Parking

  • 1 Car Detached Garage
  • Gravel Driveway
  • Open Parking

Home Design

  • Bungalow
  • Block Foundation
  • Fire Rated Drywall
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,620 Sq Ft Home
  • 1-Story Property
  • Insulated Windows
  • Window Treatments
  • Carpet
  • Oven or Range

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Main Level Bedroom
  • Bathroom on Main Level
  • 1 Full Bathroom

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Outdoor Features

  • Deck
  • Outbuilding

Schools

  • Independence Elementary And Middle School
  • Grayson County High School

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • No Cooling
  • Baseboard Heating
  • Propane
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$558

Year Built

Built in 1985

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Horses: Yes
  • Lot Size Acres: 3.76
  • Lot Size: 0
  • Directions: AT THE INTERSECTION OF US 58, W MAIN STREET AND ROUTE 21 IN THE TOWN OF INDEPENDENCE, CONTINUE ON US 58 WEST FOR APPROXIMATELY 6.73 MILES TO CHERRYWOOD LANE, TURN LEFT ON CHERRYWOOD LANE FOR .39 MILES AND PROPERTY IS ON THE RIGHT SIDE.
  • Above Grade Finished Sq Ft: 810
  • Architectural Style: Bungalow
  • Carport Y N: No
  • Garage Yn: Yes
  • Building Stories: 1
  • Year Built: 1985
  • ResoBuildingAreaSource: Assessor
  • Kitchen Level: Basement
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Range/Oven, Electric Water Heater
  • Has Basement: Full, Partially Finished, Exterior Entry
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 810
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet
  • Interior Amenities: Internet Availability Other/See Remarks
  • Living Area: 1620
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Window Features: Insulated Windows, Window Treatments
  • ResoLivingAreaSource: Assessor
  • Living Room Living Room Level: Main
  • Master Bedroom Master Bedroom Level: Main
  • Room Bedroom2 Level: Basement
  • Room Family Room Level: Basement
  • Bathroom Level: Main
  • Dining Room Dining Room Level: Basement

Exterior Features

  • Lot Features: Wooded
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: Property Disclosure
  • Construction Type: Frame, Dry Wall
  • Exterior Features: Horses Allowed, Garden, Mature Trees
  • Foundation Details: Block
  • Other Structures: Outbuilding
  • Patio And Porch Features: Open Deck
  • Property Condition: Exterior Condition: Fair, Interior Condition: Poor
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Open Parking: Yes
  • Parking Features: Gravel, Detached
  • Total Parking Spaces: 1

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Natural Gas Available, Propane
  • Water Source: Well

Condo/Co-op/Association

  • Association: No

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Independence
  • High School: Grayson County
  • Middle Or Junior School: Independence

Lot Info

  • Lot Size Sq Ft: 163785.6
  • Zoning: Farm
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 558
  • Tax Lot: 0
  • Tax Map Number: 70-A-130
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2020
Closed on
Apr 1, 2020
Sold by
Phipps Holly A
Bought by
Hills Michael R
Seller's Agent
Gary Ballard
Ballard Real Estate Group LLC
Buyer's Agent
Keith Clark
BHHS- Mountain Sky Properties-Hillsville
List Price
$54,950
Sold Price
$47,000
Premium/Discount to List
-$7,950
-14.47%
Current Estimated Value
$156,821

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,821
Avg. Annual Appreciation
22.83%
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
Hills Michael R $47,000 Attorney
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2020 04/08/20 Sold $47,000 -14.5% $29 / Sq Ft
03/18/2020 03/18/20 Pending -- -- --
03/12/2020 03/12/20 For Sale $54,950 -- $34 / Sq Ft
Source: Southwest Virginia 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 $477 $88,400 $16,500 $71,900
2023 $693 $88,400 $16,500 $71,900
2022 $496 $88,400 $16,500 $71,900
2021 $712 $84,000 $16,500 $67,500
2020 $703 $84,000 $16,500 $67,500
2019 $568 $84,000 $16,500 $67,500
2018 $568 $84,000 $16,500 $67,500
2017 $568 $84,000 $16,500 $67,500
2016 -- $84,000 $16,500 $67,500
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2020

    Gary Ballard

    Ballard Real Estate Group LLC

    (276) 236-2928

    3 in this area

    49 Total Sales

    Gary Ballard
    Section Image
  • Keith Clark

    Buyer's Agent in 2020

    Keith Clark

    BHHS- Mountain Sky Properties-Hillsville

    (276) 237-0002

    12 in this area

    147 Total Sales

    Keith Clark
    Section Image
See All Agents

Map

Source: Southwest Virginia Association of REALTORS®

MLS Number: 73462

APN: 70 - A- - 130

Virginia Grayson County Independence 24348

428 Cherrywood Ln, Independence, VA

This home is located at 428 Cherrywood Ln, Independence, VA 24348 since 11 March 2020 and is currently estimated at $156,821, approximately $96 per square foot. This property was built in 1985. 428 Cherrywood Ln is a home located in Grayson County with nearby schools including Grayson County High School.

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 personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes