NOT LISTED FOR SALE

481 Wallace Ln Dry Fork, VA 24549

Estimated Value: $267,000 - $305,000

3 Beds
1 Bath
1,439 Sq Ft
$196/Sq Ft Est. Value

Sale Details

Date Sold: October 11, 2013

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

Est. 994% increase in value since last sale

Current estimated payment $1,626 / mo

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.

Last Agent to Sell the Property

Art Craft

Listed on: 07/30/2013

Last Buyer's Agent

Kevin Amos

GIBSON REALTY & ASSOCIATES, INC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $237

Year Built

  • Built in 1931

Lot Details

  • 32,670 Sq Ft 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

0.75 Acres

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2013
Closed on
Oct 8, 2013
Sold by
Bought by
Seller's Agent
Art Craft
Buyer's Agent
Kevin Amos
GIBSON REALTY & ASSOCIATES, INC.
List Price
$39,900
Sold Price
$25,750
Premium/Discount to List
-$14,150
-35.46%
Current Estimated Value
$281,646

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$255,896
Avg. Annual Appreciation
20.73%
Source: Public Records
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$25,750 --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

Agents Affiliated with this Home

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Map

Source: Dan River Region Association of REALTORS®

MLS Number: 49823

APN: 1493-50-5957

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