NOT LISTED FOR SALE

488 E Monitor Rd Amherst, VA 24521

Estimated Value: $353,000 - $395,000

3 Beds
2 Baths
1,727 Sq Ft
$217/Sq Ft Est. Value

Last Sold May 08, 2020

Last sale price $243,000 $141 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $2,153/month

42 Days on Market

Highlights

  • Mountain View
  • Ranch Style House
  • Walk-In Closet
  • Secluded Lot
  • Wood Flooring
  • Laundry Room

About This Home

As of May 2020

BACK ON THE MARKET! Here's your second chance to own this Beautiful property tucked away on a private 3.43 acre lot with mountain views! This better-than-new home is convenient to the Town of Amherst between Lynchburg & Charlottesville, with plenty of outdoor space for gardening, chickens or having a mini-farm. You'll love the abundance of natural light, hardwood floors, wood-burning FP w/beautiful stone surround & open floor plan. Mountain views from the Master Suite & Living Room. Spacious kitchen w/center island, plenty of storage, and gorgeous granite! Convenient main level laundry, split Bedroom plan, full unfinished terrace level with rough-in for bathroom-potential for you to double your living space and finish for your lifestyle. Plenty of room to park your RV with a separate meter base that can be hooked up again. Like New WELL MAINTAINED! Ready for a new owner! Priced to SELL! Call for your showing today!

Last Agent to Sell the Property

April Bailey

RE/MAX 1st Olympic License #225178771 Listed on: 02/20/2020

RE/MAX 1st Olympic

Last Buyer's Agent

Karl Miller

Mark A. Dalton & Co., Inc. License #0225094202

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,430

Year Built

  • Built in 2016

Lot Details

  • 3.43 Acre Lot
  • Secluded Lot
  • Garden

Home Design

  • Ranch Style House
  • Poured Concrete
  • Shingle Roof

Interior Spaces

  • 1,727 Sq Ft Home
  • Ceiling Fan
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Mountain Views
  • Fire and Smoke Detector

Kitchen

  • Self-Cleaning Oven
  • Electric Range
  • Dishwasher

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Washer and Dryer Hookup

Attic

  • Attic Access Panel
  • Scuttle Attic Hole

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Rough-In Basement Bathroom

Schools

  • Amherst Elementary School
  • Amherst Midl Middle School
  • Amherst High School

Utilities

  • Heat Pump System
  • Underground Utilities
  • Well
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 81-A-46A

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,430

Year Built

Built in 2016

Lot Details

0

Listing Details

  • FILLACRES: 3.4340
  • BuildingOnProperty: Other
  • Directions: Rte 29N to Town of Amherst; Take Rte. 60 Exit; Head West on Rte. 60; R onto East Monitor Rd; home sits off the road on the R at the sign.
  • Lot Measurement: Acres
  • Lot Sq Ft: 149585.00
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 81-A-46A
  • Year Built: 2016
  • Heating System: Heat Pump
  • Building Stories: One
  • Dwelling Styles: Ranch
  • Foyer Area: 84.000000
  • Laundryroom Dim: 10.000 x 8.000
  • Laundryroom Len: 10.000
  • Living Room Dim: 14.000 x 11.000
  • Livingroom Len: 14.000
  • Livingroom Wid: 11.000
  • Masterbedroom Area: 208.000000
  • Master Bedroom Dim: 16.000 x 13.000
  • Masterbedroom Len: 16.000
  • Masterbedroom Wid: 13.000
  • Office Dim: 0.000 x 0.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 2.00
  • Bathrooms Display: 2 (2 0)
  • Lower Floor 1 Bedrooms: 3
  • Broker Approved: Yes
  • Legal Description: PARCEL C ON RT 689, Tax Map #81-A-46A
  • Reciprocal Listing: No
  • Second Bedroom: 13x13 Level: Level 1 Above Grade
  • Second Bedroom Area: 169.000000
  • Third Bedroom: 11x10 Level: Level 1 Above Grade
  • Third Bedroom Area: 110.000000
  • Above Grade Finished Sq Ft: 1727.00
  • ApplianceConvey: Dishwasher, Range-Elec, Refrigerator, Self Cleaning Oven
  • Has Attic: Access, Scuttle
  • Has Basement: Exterior Entrance, Full, Interior Entrance, Poured Concrete, Roughed in Bath, Walkout
  • Flooring: Hardwood, Vinyl, Wood
  • Year Built Exception: 0
  • Deck: 8x8 Level: Level 1 Above Grade
  • Fireplace: 1 Fireplace, Living Room, Wood Burning
  • Foyer: 14x6 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 2
  • Interior Amenities: Ceiling Fan(s), Drywall, Main Level Bedroom, Master Bed w/ Bath, Smoke Alarm, Walk-In Closet(s)
  • Dining Kitchen: 14x11 Level: Level 1 Above Grade
  • Laundry: Dryer Connection, Laundry Room, Main Level, Separate Laundry Rm., Washer Connections
  • Laundry Room: 10x8 Level: Level 1 Above Grade
  • Living Room: 14x11 Level: Level 1 Above Grade
  • Master Bedroom: 16x13 Level: Level 1 Above Grade
  • Porch: 12x6 Level: Level 1 Above Grade
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 154.000000
  • Laundry Room Area: 80.000000
  • LivingRoom Area: 154.000000
  • Est Other Room1 Dim: 0.000 x 0.000
  • Est Other Room2 Dim: 0.000 x 0.000
  • Est Other Room3 Dim: 0.000 x 0.000
  • Rec Room Dim: 0.000 x 0.000
  • Sunroom Dim: 0.000 x 0.000

Exterior Features

  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: Garden Space, Secluded Lot, Insulated Glass, Undergrnd Utilities, Mountain Views

Garage/Parking

  • Garage Dim: 0.000 x 0.000

Utilities

  • Utility Electric: AEP/Appalachian Powr
  • Air Conditioner: Heat Pump
  • Sewer: Septic Tank
  • Hot Water: Well
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors

Schools

  • School District: Amherst
  • Elementary School: Amherst Elem
  • Middle School: Amherst Midl
  • High School: Amherst High
  • Elementary School: Amherst Elem
  • High School: Amherst High
  • Middle School: Amherst Midl
  • School District: Amherst

Lot Info

  • Lot Sq Ft: 1727.00
  • Zoning: A

Tax Info

  • Estimated Taxes: 1430

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2020
Closed on
May 4, 2020
Sold by
Mason Mark R and Mason Amber C
Bought by
Schultz Chester T
Seller's Agent
April Bailey
RE/MAX 1st Olympic
Buyer's Agent
Karl Miller
Mark A. Dalton & Co., Inc.
List Price
$237,500
Sold Price
$243,000
Premium/Discount to List
$5,500
2.32%
Current Estimated Value
$375,336

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,336
Avg. Annual Appreciation
7.39%
Original Mortgage
$194,400
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 23, 2016
Sold by
Mason Mark R and Mason Amber C
Bought by
Mason Mark R and Mason Amber C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,905
Interest Rate
3.43%
Mortgage Type
Construction

Purchase Details

Closed on
May 8, 2014
Sold by
Emory Layne Investments Llc
Bought by
Mason Mark R and Mason Amber C

Purchase Details

Closed on
May 18, 2011
Sold by
Smith William Edward
Bought by
Emory Layne Investment Llc
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Schultz Chester T $243,000 Attorney
Mason Mark R -- None Available
Mason Mark R $24,000 Old Republic Natl Title Ins
Emory Layne Investment Llc $7,054 Stewart Title Guaranty Compa
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schultz Chester T $220,000
Closed Schultz Chester T $194,400
Previous Owner Mason Mark R $209,905
Previous Owner Emory Layne Investments Llc $66,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2020 05/08/20 Sold $243,000 +2.3% $141 / Sq Ft
04/02/2020 04/02/20 Pending -- -- --
02/20/2020 02/20/20 For Sale $237,500 -- $138 / Sq Ft
Source: Lynchburg 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 $1,293 $234,470 $39,670 $194,800
2024 $1,293 $212,000 $39,700 $172,300
2023 $1,293 $212,000 $39,700 $172,300
2022 $1,293 $212,000 $39,700 $172,300
2021 $1,293 $212,000 $39,700 $172,300
2020 $1,293 $210,500 $39,700 $170,800
2019 $1,387 $227,400 $45,700 $181,700
2018 $1,387 $227,400 $45,700 $181,700
2017 $0 $46,500 $45,700 $800
2016 $284 $46,500 $45,700 $800
2015 $256 $39,700 $39,700 $0
2014 $222 $39,700 $39,700 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Lynchburg Association of REALTORS®

MLS Number: 323404

APN: 81-A-46A