NOT LISTED FOR SALE

453 Memory Ln Stuart, VA 24171

Estimated Value: $127,008 - $191,000

3 Beds
1.5 Baths
960 Sq Ft
$163/Sq Ft Est. Value

Last Sold March 17, 2021

Last sale price $98,500 $103 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $857/month

67 Days on Market

Highlights

  • Horses Allowed On Property
  • Wood Flooring
  • Porch
  • Deck
  • Main Floor Bedroom
  • Storm Windows

About This Home

As of March 2021

Here's a great ranch style one in a private setting just south of Stuart. The home is one-level living with a full basement. There are three bedrooms, one full bath and a half bath off the master bedroom. The large eat-in-kitchen with all appliances conveying with the sale. The bedrooms and living room have nice hardwood floors. The home is heated and cooled with a heat pump and there is a full unfinished basement. On the rear of the home is a large private deck overlooking the back yard. A large portion of the back yard is fenced and there is plenty of room for a garden, chicken coop, etc. Plus a carport. Located at the end of a dead-end road.

Last Agent to Sell the Property

Edd Martin

EDD MARTIN AND ASSOCIATES REAL ESTATE Brokerage Phone: 2766945002 License #0225046717 Listed on: 01/06/2021

Last Buyer's Agent

Charlie Lawless

Blue Ridge Real Estate License #0225207506

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1972

Lot Details

  • 0.93 Acre Lot
  • Property is in good condition
  • Property is zoned NZ

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Vinyl Siding
  • Lead Paint Disclosure

Interior Spaces

  • 960 Sq Ft Home
  • Ceiling Fan
  • Rods
  • Living Room
  • Electric Range

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Home Security

  • Storm Windows
  • Storm Doors

Parking

  • 1 Parking Space
  • Carport
  • Gravel Driveway
  • Open Parking

Outdoor Features

  • Deck
  • Porch

Schools

  • Stuart Elementary School
  • Patrick County High School

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Cooling Available
  • Heat Pump System
  • Well
  • Electric Water Heater
  • Septic Tank
  • TV Antenna

Community Details

  • Patrick County Subdivision

Home Details

Home Type

Single Family

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Horses: Yes
  • Lot Size: .93 Ac.
  • Subdivision Name: Patrick County
  • Directions: From Stuart follow Rt. 8 South (Salem Hwy.) turn left on Memory Lane. Property on the left at the end of the road.
  • Carport Y N: Yes
  • Garage Yn: No
  • Year Built: 1972
  • RoomBedroomLevel: First
  • RoomBathroomLevel: First
  • Attribution Contact: 2766945002
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, As Is, Electric Range, Dryer, Washer, Refrigerator
  • Other Equipment: TV Antenna, No Farm Equipment
  • Has Basement: Walk-Out Access, Full, Unfinished
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Storm Door(s)
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Vinyl, Wood
  • Interior Amenities: 1st Floor Bedroom, Ceiling Fan(s)
  • Living Area: 960
  • Window Features: Rods/Hardware, Storm Window(s)
  • Living Room Living Room Level: First
  • Bathroom 1 Level: First

Exterior Features

  • Lot Features: Horses Permitted
  • Waterfront Features: No Surface Water
  • Disclosures: Lead Paint
  • Home Warranty: No
  • Construction Type: Brick, Vinyl Siding
  • Patio And Porch Features: Deck, Porch
  • Property Condition: Good
  • Roof: Composition

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1
  • Open Parking: Yes
  • Parking Features: Carport Single, Gravel Drive
  • Total Parking Spaces: 1

Utilities

  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Utilities On
  • Water Source: Well

Schools

  • Elementary School: Stuart Elementary
  • High School: Patrick County High School
  • Middle Or Junior School: NO MIDDLE SCHOOL

Lot Info

  • Lot Size Sq Ft: 40510.8
  • Zoning: NZ
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2021
Closed on
Mar 15, 2021
Sold by
Hutchens James B
Bought by
Fain Michael Landon
Seller's Agent
Edd Martin
EDD MARTIN AND ASSOCIATES REAL ESTATE
Buyer's Agent
Charlie Lawless
Blue Ridge Real Estate
List Price
$98,500
Sold Price
$98,500
Current Estimated Value
$156,252

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,752
Avg. Annual Appreciation
10.16%
Original Mortgage
$99,494
Outstanding Balance
$73,275
Interest Rate
2.38%
Mortgage Type
New Conventional
Estimated Equity
$82,977
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Fain Michael Landon $98,500 Appalachian Title Co Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fain Michael Landon $99,494
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/17/2021 03/17/21 Sold $98,500 0.0% $103 / Sq Ft
03/15/2021 03/15/21 Pending -- -- --
01/06/2021 01/06/21 For Sale $98,500 -- $103 / 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
2025 $434 $59,400 $10,700 $48,700
2024 $434 $59,400 $10,700 $48,700
2023 $434 $59,400 $10,700 $48,700
2022 $434 $59,400 $10,700 $48,700
2021 $404 $59,400 $10,700 $48,700
2020 $449 $66,000 $10,700 $55,300
2019 $449 $66,000 $10,700 $55,300
2018 $376 $66,000 $10,700 $55,300
2017 -- $66,000 $10,700 $55,300
2016 $376 $66,000 $10,700 $55,300
2015 -- $66,000 $10,700 $55,300
2014 -- $76,900 $13,400 $63,500
Source: Public Records

Agents Affiliated with this Home

  • Edd Martin

    Seller's Agent in 2021

    Edd Martin

    EDD MARTIN AND ASSOCIATES REAL ESTATE

    (276) 952-5008

    172 Total Sales

    Edd Martin
    Section Image

  • C

    Buyer's Agent in 2021

    Charlie Lawless

    Blue Ridge Real Estate

    16 Total Sales

    Charlie Lawless
    Section Image
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Map

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

MLS Number: 135361

APN: 49080016

Virginia Patrick County Stuart 24171

453 Memory Ln, Stuart, VA

Not Listed for Sale

Detached

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