NOT LISTED FOR SALE

5 Ridge St Chatham, VA 24531

Estimated Value: $193,000 - $258,409

4 Beds
2 Baths
2,306 Sq Ft
$98/Sq Ft Est. Value

Last Sold October 16, 2015

Last sale price $63,000 $27 Per Sq Ft

Est. 258% increase in value since last sale

Current estimated payment $1,298/month

201 Days on Market

Highlights

  • Deck
  • Main Floor Bedroom
  • Front Porch
  • Chatham Elementary School Rated A-
  • Thermal Windows
  • Cooling Available

About This Home

As of October 2015

Nicely updated home in the Town of Chatham. First floor offers Eat in kitchen, living room, bedroom, large bathroom and an area for laundry. Second floor offers three bedrooms and a large bathroom. Home has been remodeled with vinyl siding, new architectural roof, dual zoned heat pumps, replacement windows, etc.

Last Agent to Sell the Property

Pamela Betterton

RAMSEY YEATTS & ASSOCIATES, REALTORS License #0225190296 Listed on: 02/25/2015

Last Buyer's Agent

Pamela Betterton

RAMSEY YEATTS & ASSOCIATES, REALTORS License #0225190296 Listed on: 02/25/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $530

Lot Details

  • 0.5 Acre Lot
  • Property is zoned TZ

Parking

  • No Garage

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2,306 Sq Ft Home
  • 2-Story Property
  • Thermal Windows
  • Crawl Space

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Washer and Electric Dryer Hookup

Outdoor Features

  • Deck
  • Front Porch

Schools

  • Chatham Elementary And Middle School
  • Chatham High School

Utilities

  • Cooling Available
  • Heat Pump System

Home Details

Home Type

Single Family

Est. Annual Taxes

$530

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.5
  • Road Frontage Type: Road Frontage
  • Road Surface Type: Paved
  • Subdivision Name: No Subdivision
  • Directions: 29 North, first Chatham exit, left at stoplight onto Depot St., right on Ridge St.
  • Above Grade Finished Sq Ft: 2306
  • Architectural Style: Two Story
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Special Features: None

Interior Features

  • Appliances: Refrigerator
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Wall/Wall Carpet, Vinyl
  • Interior Amenities: 1st Floor Bedroom
  • Living Area: 2306
  • Window Features: Thermopane Windows

Exterior Features

  • Lot Features: Less than 1 acre
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Patio And Porch Features: Porch, Deck, Front, Side Porch
  • Property Condition: 75 Plus Years Old
  • Roof: 1 to 5 Years Old, Composition

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage, No Carport

Utilities

  • Laundry Features: Electric Dryer Hookup, Washer Hookup, 1st Floor Laundry
  • Cooling: Heat Pump, Electric
  • Cooling Y N: Yes
  • Heating: Electric, Heat Pump
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Schools

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

Lot Info

  • Lot Size Sq Ft: 21780
  • Zoning: TZ
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 530

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2015
Closed on
Oct 15, 2015
Sold by
Moser Albert E and Moser Linda W
Bought by
Sorrentino Joshua R and Sorrentino Holly B
Seller's Agent
Pamela Betterton
RAMSEY YEATTS & ASSOCIATES, REALTORS
Buyer's Agent
Pamela Betterton
RAMSEY YEATTS & ASSOCIATES, REALTORS
List Price
$89,900
Sold Price
$63,000
Premium/Discount to List
-$26,900
-29.92%
Current Estimated Value
$225,852

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$162,852
Avg. Annual Appreciation
13.28%
Original Mortgage
$64,285
Outstanding Balance
$50,717
Interest Rate
3.88%
Mortgage Type
New Conventional
Estimated Equity
$166,643
Source: Public Records

Range of Values:

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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
Sorrentino Joshua R $63,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sorrentino Joshua R $17,000
Open Sorrentino Joshua R $64,285
Previous Owner Moser Albert L $74,000
Previous Owner Moser Albert L $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2015 10/16/15 Sold $63,000 -29.9% $27 / Sq Ft
09/16/2015 09/16/15 Pending -- -- --
02/26/2015 02/26/15 For Sale $89,900 -- $39 / 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 $1,141 $203,800 $10,000 $193,800
2024 $1,141 $203,800 $10,000 $193,800
2023 $1,141 $203,800 $10,000 $193,800
2022 $928 $130,300 $10,000 $120,300
2021 $808 $130,300 $10,000 $120,300
2020 $808 $130,300 $10,000 $120,300
2019 $808 $130,300 $10,000 $120,300
2018 $808 $130,300 $10,000 $120,300
2017 $529 $130,300 $10,000 $120,300
2016 $529 $89,700 $10,000 $79,700
2015 $265 $89,700 $10,000 $79,700
2011 -- $88,900 $10,000 $78,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Dan River Region Association of REALTORS®

MLS Number: 52675

APN: 2416-90-0762