NOT LISTED FOR SALE

522 Memory Ln Stuart, VA 24171

Estimated Value: $222,899 - $298,000

2 Beds
1.5 Baths
1,026 Sq Ft
$255/Sq Ft Est. Value

Last Sold December 19, 2018

Last sale price $143,000 $139 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $1,458/month

60 Days on Market

Highlights

  • Horses Allowed On Property
  • Wood Flooring
  • Porch
  • Deck
  • Balcony
  • Double Pane Windows

About This Home

As of December 2018

Newly finished Log Cabin. Started in 1997, just finished. All new plumbing, electrical an finishing interior. 8' x 28' front covered porch and 8' x28' back deck . New stain on porches and house.

Last Agent to Sell the Property

Mavin Harris

Blue Ridge Real Estate Brokerage Phone: 2766942001 License #0225038981 Listed on: 10/18/2018

Last Buyer's Agent

Karen Wilson

Five Star Mountain Realty License #0225058528

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $879

Year Built

  • Built in 2018

Lot Details

  • 5.52 Acre Lot
  • Hunting Land
  • Property is in excellent condition

Home Design

  • Metal Roof
  • Log Siding

Interior Spaces

  • 1,026 Sq Ft Home
  • Double Pane Windows

Flooring

  • Wood
  • Laminate
  • Concrete
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms

Basement

  • Walk-Out Basement
  • Exterior Basement Entry
  • Block Basement Construction

Parking

  • Gravel Driveway
  • Open Parking

Outdoor Features

  • Balcony
  • Deck
  • Porch

Schools

  • Stuart Elementary School
  • Patrick High School

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Cooling Available
  • Heat Pump System
  • Underground Utilities
  • Private Water Source
  • Well
  • Electric Water Heater
  • Septic Tank
  • Private Sewer

Community Details

  • Stuart Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$879

Year Built

Built in 2018

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Horses: Yes
  • Lot Size: 5.52 acres
  • Subdivision Name: Stuart
  • Directions: From Stuart Rt 8 South 8 Miles to left on Memory Lane to gate and sign
  • Carport Y N: No
  • Garage Yn: No
  • Year Built: 2018
  • Attribution Contact: 2766942001
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, None
  • Other Equipment: No Farm Equipment
  • Has Basement: Block, Exterior Entry, Walk-Out Access
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Laminate, Wood, Concrete, Vinyl
  • Living Area: 1026
  • Window Features: Double Pane Windows

Exterior Features

  • Lot Features: Horses Permitted, Hunting
  • Waterfront Features: No Surface Water
  • Home Warranty: No
  • Construction Type: Log
  • Exterior Features: Balcony
  • Patio And Porch Features: Deck, Porch
  • Property Condition: Excellent
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: None, Gravel Drive

Utilities

  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Sewer: Septic Tank, Private Sewer
  • Utilities: Underground Utilities, Utilities On
  • Water Source: Private, Well

Schools

  • Elementary School: Stuart Elementary
  • High School: Patrick
  • Middle Or Junior School: Patrick County OTHER

Lot Info

  • Lot Size Sq Ft: 240451.2
  • Zoning: Other
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2018
Closed on
Dec 18, 2018
Sold by
Whit & Land Llc
Bought by
Reino Mark and Reino Cynthia
Seller's Agent
Mavin Harris
Blue Ridge Real Estate
Buyer's Agent
Karen Wilson
Five Star Mountain Realty
List Price
$143,000
Sold Price
$143,000
Current Estimated Value
$261,225

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,225
Avg. Annual Appreciation
9.25%
Original Mortgage
$128,700
Outstanding Balance
$113,614
Interest Rate
4.9%
Mortgage Type
New Conventional
Estimated Equity
$147,611
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
Reino Mark $143,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reino Mark $128,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/19/2018 12/19/18 Sold $143,000 0.0% $139 / Sq Ft
12/18/2018 12/18/18 Pending -- -- --
10/18/2018 10/18/18 For Sale $143,000 -- $139 / Sq Ft
Source: Martinsville, Henry & Patrick Counties 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 $879 $120,400 $20,600 $99,800
2024 $879 $120,400 $20,600 $99,800
2023 $879 $120,400 $20,600 $99,800
2022 $879 $120,400 $20,600 $99,800
2021 $819 $120,400 $20,600 $99,800
2020 $647 $95,100 $20,600 $74,500
2019 $647 $95,100 $20,600 $74,500
2018 $527 $92,400 $20,600 $71,800
2017 -- $113,300 $41,500 $71,800
2016 $646 $113,300 $41,500 $71,800
2015 -- $113,300 $41,500 $71,800
2014 -- $99,800 $44,100 $55,700
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2018

    Mavin Harris

    Blue Ridge Real Estate

    (276) 692-8025

    41 Total Sales

    Mavin Harris
    Section Image

  • K

    Buyer's Agent in 2018

    Karen Wilson

    Five Star Mountain Realty

    (276) 694-9952

    103 Total Sales

    Karen Wilson
    Section Image
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Map

Source: Martinsville, Henry & Patrick Counties Association of REALTORS®

MLS Number: 132844

APN: 49080013

Virginia Patrick County Stuart 24171

522 Memory Ln, Stuart, VA

This home is located at 522 Memory Ln, Stuart, VA 24171 since 18 October 2018 and is currently estimated at $261,225, approximately $254 per square foot. This property was built in 2018. 522 Memory Ln is a home located in Patrick County with nearby schools including Patrick County High School.

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