NOT LISTED FOR SALE

481 Wallace Ln Dry Fork, VA 24549

Estimated Value: $259,000 - $334,000

3 Beds
1 Bath
1,439 Sq Ft
$206/Sq Ft Est. Value

Last Sold October 11, 2013

Last sale price $25,750 $18 Per Sq Ft

Est. 1,052% increase in value since last sale

Current estimated payment $1,655/month

54 Days on Market

Highlights

  • Main Floor Bedroom
  • Front Porch
  • Bungalow
  • Twin Springs Elementary School Rated A-
  • Window Unit Cooling System
  • 2 Detached Carport Spaces

About This Home

As of October 2013

PRICED TO SELL,PRICED WELL UNDER ASSESSED VALUE.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $237

Year Built

  • Built in 1931

Lot Details

  • 0.75 Acre Lot
  • Level Lot
  • Property is zoned A1

Home Design

  • Bungalow
  • Vinyl Siding
  • Asbestos

Interior Spaces

  • 1,439 Sq Ft Home
  • 2-Story Property
  • Crawl Space
  • Electric Range

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Washer and Electric Dryer Hookup

Parking

  • 2 Parking Spaces
  • 2 Detached Carport Spaces

Outdoor Features

  • Outbuilding
  • Front Porch

Schools

  • Chatham Elementary And Middle School
  • Chatham High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Oil
  • Furnace
  • Well
  • Septic Tank

Home Details

Home Type

Single Family

Est. Annual Taxes

$237

Year Built

Built in 1931

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.75
  • Road Surface Type: Paved
  • Subdivision Name: No Subdivision
  • Directions: ROUTE 41, RIGHT DRY FORK RD, LEFT WALLACE LANE, HOME ON LEFT
  • Above Grade Finished Sq Ft: 1439
  • Architectural Style: Bungalow
  • Carport Y N: Yes
  • Unit Levels: Two
  • New Construction: No
  • Year Built: 1931
  • Special Features: None

Interior Features

  • Appliances: Electric Range
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Wall/Wall Carpet, Vinyl
  • Interior Amenities: 1st Floor Bedroom
  • Living Area: 1439

Exterior Features

  • Lot Features: Less than 1 acre, Level
  • Home Warranty: No
  • Construction Type: Asbestos, Vinyl Siding
  • Other Structures: Outbuilding
  • Patio And Porch Features: Porch, Front
  • Property Condition: 75 Plus Years Old
  • Roof: 26 Plus Years Old

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 2
  • Covered Parking Spaces: 2
  • Parking Features: Carport-Double Detached
  • Total Parking Spaces: 2

Utilities

  • Laundry Features: Electric Dryer Hookup, Washer Hookup, 1st Floor Laundry
  • Cooling: Window Unit(s), Electric
  • Cooling Y N: Yes
  • Heating: Oil, Furnace, Forced Air
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Well

Schools

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

Lot Info

  • Lot Size Sq Ft: 32670
  • Zoning: A1
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 237.44

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2013
Closed on
Oct 8, 2013
Sold by
Jones Kaye Y and Hughes Betsy Y
Bought by
High County Holdings Llc
List Price
$39,900
Sold Price
$25,750
Premium/Discount to List
-$14,150
-35.46%
Current Estimated Value
$296,609

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$270,859
Avg. Annual Appreciation
22.04%
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
High County Holdings Llc $25,750 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/11/2013 10/11/13 Sold $25,750 -35.5% $18 / Sq Ft
09/23/2013 09/23/13 Pending -- -- --
07/30/2013 07/30/13 For Sale $39,900 -- $28 / 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
2025 $1,245 $222,300 $18,000 $204,300
2024 $1,245 $222,300 $18,000 $204,300
2023 $1,245 $222,300 $18,000 $204,300
2022 $1,020 $145,100 $18,000 $127,100
2021 $900 $145,100 $18,000 $127,100
2020 $900 $145,100 $18,000 $127,100
2019 $900 $145,100 $18,000 $127,100
2018 $900 $145,100 $18,000 $127,100
2017 $749 $145,100 $18,000 $127,100
2016 $749 $126,900 $10,000 $116,900
2015 $749 $126,900 $10,000 $116,900
2011 -- $44,800 $10,000 $34,800
Source: Public Records

Map

Source: Dan River Region Association of REALTORS®

MLS Number: 49823

APN: 1493-50-5957

Virginia Pittsylvania County Dry Fork 24549

481 Wallace Ln, Dry Fork, VA

Not Listed for Sale

Detached

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