NOT LISTED FOR SALE

501 S Main St Chatham, VA 24531

Estimated Value: $331,000 - $427,000

3 Beds
3 Baths
2,951 Sq Ft
$127/Sq Ft Est. Value

Last Sold January 16, 2014

Last sale price $180,000 $61 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $2,156/month

464 Days on Market

Highlights

  • Multiple Fireplaces
  • Ranch Style House
  • Terrace
  • Chatham Elementary School Rated A-
  • Wood Flooring
  • Rear Porch

About This Home

As of January 2014

Nostalgic one level living in Historic Chatham. Home offers 3 bedrooms, each w own private bath, beautiful hardwood floors throughout, screened in porch w stone patio, crown moldings, screened in terrace, double car garage, paved drive & beautiful yard. All appliances convey. Roof new 2006. Large kitchen w plenty of cabinet space, formal dining room & breakfast nook. 3 Fireplaces. Reduced 30k

Last Agent to Sell the Property

Ramsey Yeatts

RAMSEY YEATTS & ASSOCIATES, REALTORS License #0225104144 Listed on: 09/24/2012

Last Buyer's Agent

Pamela Betterton

RAMSEY YEATTS & ASSOCIATES, REALTORS License #0225190296

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,720

Year Built

  • Built in 1950

Lot Details

  • 1.61 Acre Lot
  • Property is zoned TZ

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Ranch Style House
  • Traditional Architecture
  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • Multiple Fireplaces
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Wood Flooring
  • Home Security System
  • Washer and Electric Dryer Hookup

Kitchen

  • Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Laundry in Basement

Outdoor Features

  • Screened Patio
  • Terrace
  • Rear Porch

Schools

  • Chatham Elementary And Middle School
  • Chatham High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Furnace

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,720

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.61
  • Road Frontage Type: Road Frontage
  • Road Surface Type: Paved
  • Subdivision Name: No Subdivision
  • Directions: 29 North first Chatham exit to Main Street, property located on right.
  • Above Grade Finished Sq Ft: 2651
  • Architectural Style: Traditional, Ranch
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Year Built: 1950
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Oven, Refrigerator
  • Has Basement: Full, Partially Finished, Exterior Entry, Interior Entry
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 300
  • Fireplace Features: Three or More, Living Room, Family Room
  • Fireplace: Yes
  • Flooring: Hardwood
  • Interior Amenities: Walk-In Closet(s), 1st Floor Bedroom, 1st Floor Master Bedroom, Dining Room
  • Living Area: 2951

Exterior Features

  • Lot Features: 1-5 acres
  • Home Warranty: No
  • Construction Type: Brick
  • Patio And Porch Features: Patio, Porch, Back, Screened, Terrace
  • Property Condition: 41 to 75 Years Old
  • Roof: 6 to 10 Years Old, Composition

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Garage-Double Attached, Hard Surface Drive
  • Total Parking Spaces: 2

Utilities

  • Laundry Features: Electric Dryer Hookup, Washer Hookup, In Basement
  • Security: Security System
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Natural Gas, Electric, Furnace, Forced Air
  • 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: 70131.6
  • Zoning: TZ
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1720

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2012
Closed on
Jan 7, 2014
Sold by
Irby Exr D Todd
Bought by
Webster John W
Seller's Agent
Ramsey Yeatts
RAMSEY YEATTS & ASSOCIATES, REALTORS
Buyer's Agent
Pamela Betterton
RAMSEY YEATTS & ASSOCIATES, REALTORS
List Price
$279,000
Sold Price
$180,000
Premium/Discount to List
-$99,000
-35.48%
Current Estimated Value
$373,607

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$193,607
Avg. Annual Appreciation
6.40%
Original Mortgage
$144,000
Outstanding Balance
$108,083
Interest Rate
4.24%
Mortgage Type
Land Contract Argmt. Of Sale
Estimated Equity
$265,524
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
Webster John W $180,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Webster John W $144,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/16/2014 01/16/14 Sold $180,000 -35.5% $61 / Sq Ft
01/02/2014 01/02/14 Pending -- -- --
09/24/2012 09/24/12 For Sale $279,000 -- $95 / 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 $2,168 $387,200 $28,000 $359,200
2024 $2,168 $387,200 $28,000 $359,200
2023 $2,168 $387,200 $28,000 $359,200
2022 $1,823 $274,600 $28,000 $246,600
2021 $1,703 $274,600 $28,000 $246,600
2020 $1,703 $274,600 $28,000 $246,600
2019 $1,703 $274,600 $28,000 $246,600
2018 $1,703 $274,600 $28,000 $246,600
2017 $1,442 $274,600 $28,000 $246,600
2016 $1,442 $244,400 $28,000 $216,400
2015 $1,442 $244,400 $28,000 $216,400
2011 -- $212,300 $28,000 $184,300
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2014

    Ramsey Yeatts

    RAMSEY YEATTS & ASSOCIATES, REALTORS

    (434) 432-6000

    217 Total Sales

    Ramsey Yeatts
    Section Image

  • P

    Buyer's Agent in 2014

    Pamela Betterton

    RAMSEY YEATTS & ASSOCIATES, REALTORS

    (434) 401-2376

    116 Total Sales

    Pamela Betterton
    Section Image
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Map

Source: Dan River Region Association of REALTORS®

MLS Number: 48217

APN: 2425-08-8093

Virginia Pittsylvania County Chatham 24531

501 S Main St, Chatham, VA

This home is located at 501 S Main St, Chatham, VA 24531 since 24 September 2012 and is currently estimated at $373,607, approximately $126 per square foot. This property was built in 1950. 501 S Main St is a home located in Pittsylvania County with nearby schools including Chatham Elementary School, Chatham Middle School, and Chatham High School.

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