NOT LISTED FOR SALE

4437 Spring Garden Rd Chatham, VA 24531

Estimated Value: $130,000 - $242,138

38 Acres
$4,913 Price per Acre
1,664,863 Sq Ft Lot

Last Sold July 01, 2019

Last sale price $105,000 $97 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $1,206/month

98 Days on Market

Highlights

  • Lake Front
  • Horses Allowed On Property
  • Partially Wooded Lot
  • Southside Elementary School Rated A-
  • 38.22 Acre Lot
  • Level Lot

About This Lot

As of July 2019

38 acres with approx. 12 acres hardwood and the remainder open fields, fenced, large (approx. 2 acres) pond and a small pond (border line runs through), new well that supplies 2 cattle wateriers and could be connected to house. The house needs TLC and has no heating system.

Last Agent to Sell the Property

Pamela Betterton

RAMSEY YEATTS & ASSOCIATES, REALTORS License #0225190296 Listed on: 03/21/2019

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $845

Lot Details

  • 38.22 Acre Lot
  • Lake Front
  • Property fronts a state road
  • Level Lot
  • Open Lot
  • Partially Wooded Lot
  • Property is zoned A-1

Schools

  • Southside Elementary School
  • Chatham Middle School
  • Chatham High School

Utilities

  • Well
  • Septic Tank

Additional Features

  • Outbuilding
  • Horses Allowed On Property

Property Details

Property Type

Land

Est. Annual Taxes

$845

Lot Details

0

Listing Details

  • Property Sub Type: Acreage,Farm,Timber,Single Family Residence
  • Prop. Type: Land
  • Horses: Yes
  • Lot Size Acres: 38.22
  • Road Frontage Type: State Road
  • Directions: US 29 North, right on Spring Garden Rd., approx. 6 miles, property on right.
  • Habitable Residence: Yes
  • Special Features: None

Interior Features

  • Possible Use: Residential, Commercial, Farm, Horses, Single Family, Timber, Manufactured Home, Cattle

Exterior Features

  • Lot Features: Open Lot, 10-50 acres, Wooded
  • Topography: Level
  • Waterfront Features: Lake/Pond
  • Other Structures: Outbuilding

Utilities

  • Sewer: Septic Tank
  • Utilities: Electricity Available
  • Water Source: Well

Schools

  • Elementary School: Southside
  • High School: Chatham
  • Middle Or Junior School: Chatham

Lot Info

  • Lot Size Sq Ft: 1664863.2
  • Zoning: A-1
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 845

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2019
Closed on
Jun 28, 2019
Sold by
Richardson William Gene
Bought by
Morrell Michael and Morrell Laurie
Seller's Agent
Pamela Betterton
RAMSEY YEATTS & ASSOCIATES, REALTORS
List Price
$139,000
Sold Price
$105,000
Premium/Discount to List
-$34,000
-24.46%
Current Estimated Value
$205,589

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,589
Avg. Annual Appreciation
11.01%

Purchase Details

Closed on
Feb 8, 2019
Sold by
Cox Douglas W
Bought by
Richardson William Gene

Purchase Details

Closed on
Mar 1, 2015
Sold by
Cox Douglas W
Bought by
Richardson William G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,500
Interest Rate
3.66%
Mortgage Type
Land Contract Argmt. Of Sale
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
Morrell Michael $105,000 All Va Title & Escrow Inc
Richardson William Gene -- None Available
Richardson William G $30,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morrell Michael $84,000
Previous Owner Richardson William Gene $30,000
Previous Owner Richardson William G $32,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2019 07/01/19 Sold $105,000 -24.5% $97 / Sq Ft
06/01/2019 06/01/19 Pending -- -- --
03/24/2019 03/24/19 For Sale $139,000 -- $129 / Sq Ft
Source: Dan River Region 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 $959 $171,200 $99,500 $71,700
2023 $959 $171,200 $99,500 $71,700
2022 $1,111 $159,900 $99,500 $60,400
2021 $998 $140,300 $99,500 $40,800
2020 $846 $161,000 $100,600 $60,400
2019 $430 $136,400 $100,600 $35,800
2018 $430 $136,400 $100,600 $35,800
2017 $376 $136,400 $100,600 $35,800
2016 $751 $127,300 $93,000 $34,300
2015 -- $127,300 $93,000 $34,300
2011 -- $127,300 $93,000 $34,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Dan River Region Association of REALTORS®

MLS Number: 59268

APN: 2444-72-1454