NOT LISTED FOR SALE

501 S Main St Chatham, VA 24531

Estimated Value: $283,000 - $456,000

3 Beds
3 Baths
2,951 Sq Ft
$126/Sq Ft Est. Value

Sale Details

Date Sold: January 16, 2014

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

Est. 107% increase in value since last sale

Current estimated payment $2,249 / mo

464 Days on Market

Highlights

  • Multiple Fireplaces
  • Wood Flooring
  • Rear Porch
  • Ranch Style House
  • Terrace
  • 2 Car Attached Garage

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

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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

1.61 Acres

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

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
Sep 24, 2012
Closed on
Jan 7, 2014
Sold by
Bought by
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
$372,047

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$192,047
Avg. Annual Appreciation
5.96%
Original Mortgage
$144,000
Interest Rate
4.24%
Mortgage Type
Land Contract Argmt. Of Sale
Source: Public Records

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
$180,000 --
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Open $197,000
Closed $144,000
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
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

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
2026 $2,401 $387,200 $28,000 $359,200
2025 $2,401 $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

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Map

Source: Dan River Region Association of REALTORS®

MLS Number: 48217

APN: 2425-08-8093

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