NOT LISTED FOR SALE

431 Melrose Dr Bassett, VA 24055

Estimated Value: $121,000 - $155,000

3 Beds
1 Bath
1,737 Sq Ft
$79/Sq Ft Est. Value

Last Sold November 15, 2021

Last sale price $107,000 $62 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $747/month

236 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Fireplace
  • Wood Burning Stove
  • Main Floor Bedroom
  • Porch

About This Home

As of November 2021

Adorable cottage style home conveniently located between Bassett and Collinsville. Rock on your front porch while you enjoy your morning cup of coffee. This home offers a large living room, open kitchen/dining room and 1st floor bedroom! Both the kitchen and bathroom were completely remodeled in March of 2020. NEW Roof February 2021. July 2021 JES waterproofed basement with a 3 layer system, 2 sump pumps, dehumidifier, and drain system. New retaining wall just installed July 2021. Schedule your appointment to see Melrose today! Sq. ft. lot size est. Information taken from tax assessment and/or seller

Last Agent to Sell the Property

Natalie Gongloff

The Spencer Group R.E. & Auction Brokerage Phone: 2766385222 License #0225244262 Listed on: 03/23/2021

Last Buyer's Agent

Non Member Office

Non Member Office

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1952

Lot Details

  • 0.57 Acre Lot
  • Property is in good condition
  • Property is zoned S-R Sub Res

Home Design

  • Composition Roof
  • Aluminum Siding
  • Block Exterior
  • Stucco
  • Lead Paint Disclosure

Interior Spaces

  • 1,737 Sq Ft Home
  • Ceiling Fan
  • Fireplace
  • Wood Burning Stove
  • Double Pane Windows
  • Window Treatments
  • Living Room
  • Washer and Dryer Hookup

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • 1 Full Bathroom

Partially Finished Basement

  • Walk-Out Basement
  • Block Basement Construction

Home Security

  • Storm Windows
  • Storm Doors

Parking

  • Gravel Driveway
  • Open Parking

Outdoor Features

  • Deck
  • Outbuilding
  • Porch

Schools

  • Stanleytown Elementary School
  • Fieldale-Collinsville Middle School
  • Bassett High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Vented Exhaust Fan
  • Electric Water Heater
  • Cable TV Available

Home Details

Home Type

Single Family

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: .567
  • Subdivision Name: Other
  • Directions: From Bassett forks take US 220 South toward Collinsville, Martinsville and turn right onto Melrose Dr.
  • Carport Y N: No
  • Garage Yn: No
  • Year Built: 1952
  • Kitchen Level: First
  • RoomBedroomLevel: First
  • Attribution Contact: 2766385222
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, As Is, Electric Range, Dishwasher, Microwave, Refrigerator, Exhaust Fan
  • Other Equipment: No Farm Equipment
  • Has Basement: Block, Walk-Out Access, Partially Finished
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Storm Door(s)
  • Fireplace Features: Wood Burning Stove
  • Fireplace: Yes
  • Flooring: Vinyl, Wood, Laminate
  • Interior Amenities: 1st Floor Bedroom, Walk-In Closet(s), Ceiling Fan(s)
  • Living Area: 1737
  • Window Features: Double Pane Windows, Storm Window(s), Window Treatments
  • Living Room Living Room Level: First
  • Dining Room Dining Room Level: First

Exterior Features

  • Waterfront Features: No Surface Water
  • Disclosures: Lead Paint
  • Home Warranty: No
  • Construction Type: Aluminum Siding, Block, Stucco
  • Other Structures: Outbuilding
  • Patio And Porch Features: Deck, Porch
  • Property Condition: Good
  • Roof: Composition

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: None, Gravel Drive

Utilities

  • Laundry Features: Dryer Hookup, Washer Hookup
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Utilities On
  • Water Source: Public

Schools

  • Elementary School: Stanleytown
  • High School: Bassett
  • Middle Or Junior School: Fieldale-Collinsville

Lot Info

  • Lot Size Sq Ft: 24698.52
  • Zoning: S-R Sub Res
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2021
Closed on
Nov 15, 2021
Sold by
Church Iris H and Smith Iris J
Bought by
Gordon Joshua Z and Gordon Barbara
Seller's Agent
Natalie Gongloff
The Spencer Group R.E. & Auction
Buyer's Agent
Non Member Office
Non Member Office
List Price
$107,000
Sold Price
$107,000
Current Estimated Value
$136,848

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,848
Avg. Annual Appreciation
10.47%
Original Mortgage
$107,000
Outstanding Balance
$94,567
Interest Rate
2.75%
Mortgage Type
VA
Estimated Equity
$62,241
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
Gordon Joshua Z $107,000 Va Title Center Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gordon Joshua Z $107,000
Previous Owner Smith Iris J $9,475
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2021 11/15/21 Sold $107,000 0.0% $62 / Sq Ft
11/15/2021 11/15/21 Pending -- -- --
03/23/2021 03/23/21 For Sale $107,000 -- $62 / Sq Ft
Source: Martinsville, Henry & Patrick Counties 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 -- $0 $0 $0
2023 $286 $51,500 $7,000 $44,500
2022 $286 $51,500 $7,000 $44,500
2021 $286 $51,500 $7,000 $44,500
2020 $276 $49,800 $7,000 $42,800
2019 $276 $49,800 $7,000 $42,800
2018 $27,639 $49,800 $7,000 $42,800
2017 $27,639 $49,800 $7,000 $42,800
2016 $25,132 $51,500 $7,000 $44,500
2015 $25,132 $51,500 $7,000 $44,500
2014 $25,132 $51,500 $7,000 $44,500
Source: Public Records

Agents Affiliated with this Home

  • Natalie Gongloff

    Seller's Agent in 2021

    Natalie Gongloff

    The Spencer Group R.E. & Auction

    (276) 252-8673

    17 in this area

    194 Total Sales

    Natalie Gongloff
    Section Image

  • N

    Buyer's Agent in 2021

    Non Member Office

    Non Member Office

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Map

Source: Martinsville, Henry & Patrick Counties Association of REALTORS®

MLS Number: 135596

APN: 144670001

Virginia Henry County Bassett 24055

431 Melrose Dr, Bassett, VA

This home is located at 431 Melrose Dr, Bassett, VA 24055 since 23 March 2021 and is currently estimated at $136,848, approximately $78 per square foot. This property was built in 1952. 431 Melrose Dr is a home located in Henry County with nearby schools including Stanleytown Elementary School, Fieldale-Collinsville Middle School, and Bassett High School.

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