NOT LISTED FOR SALE

531 Montrose Rd Monroe, VA 24574

Estimated Value: $483,000 - $567,000

3 Beds
3 Baths
2,532 Sq Ft
$203/Sq Ft Est. Value

Last Sold November 05, 2021

Last sale price $429,900 $170 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $2,958/month

91 Days on Market

Highlights

  • Cape Cod Architecture
  • Multiple Fireplaces
  • Main Floor Bedroom
  • Secluded Lot
  • Wood Flooring
  • Circular Driveway

About This Home

As of November 2021

Gorgeous home on 6.91 Acres. The exterior of the home is so meticulous with extensive landscaping, sidewalks, vegetable garden, and fruit trees. There is also a detached 30 x 30 garage & storage shed both with electricity and a 30 x 41 detached metal garage. The house offers beautiful hardwood floors, 2 story great room with open beams and stone fireplace w/ gas logs, main level master bedroom with WIC and bath, main level laundry room, wrap around porch from front to large rear deck, nice pantry with pull out rotating shelves. On the lower level these is a room being used as bedroom with closet, a stone fireplace, full bath and a patio off the den area that needs just minimal work to be completely finished.

Last Agent to Sell the Property

Christy Johnson

Four Rivers Realty Group, Inc. License #0225074748 Listed on: 06/01/2021

Last Buyer's Agent

Meredith Ford

OUT OF AREA BROKER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,436

Year Built

  • Built in 1987

Lot Details

  • 6.91 Acre Lot
  • Landscaped
  • Secluded Lot
  • Garden

Parking

  • Circular Driveway

Home Design

  • Cape Cod Architecture
  • Metal Roof

Interior Spaces

  • 2,532 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Multiple Fireplaces
  • Attic Access Panel
  • Storm Doors

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • Walk-In Closet

Laundry

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

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Exterior Basement Entry
  • Fireplace in Basement

Outdoor Features

  • Outdoor Storage

Schools

  • Elon Elementary School
  • Monelison Midl Middle School
  • Amherst High School

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,436

Year Built

Built in 1987

Lot Details

0

Listing Details

  • FILLACRES: 6.9100
  • BuildingOnProperty: Storage Building
  • Directions: Rt 130 to right on Ambrose Rucker to left onto Montrose Rd, continue to home on left. Look for sign.
  • Lot Measurement: Acres
  • Lot Sq Ft: 301000.00
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • Year Built: 1987
  • FullBathBelowGrade: 1
  • Heating System: Heat Pump
  • Building Stories: One and One Half
  • Dwelling Styles: Cape Cod
  • Laundryroom Dim: 12.000 x 5.000
  • Laundryroom Len: 12.000
  • Living Room Dim: 0.000 x 0.000
  • Masterbedroom Area: 195.000000
  • Master Bedroom Dim: 15.000 x 13.000
  • Masterbedroom Len: 15.000
  • Masterbedroom Wid: 13.000
  • Office Dim: 12.000 x 12.000
  • Other Room1 Area: 210.000000
  • Other Room1 Len: 15.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 3.00
  • Bathrooms Display: 3 (3 0)
  • Lower Floor 1 Bedrooms: 3
  • Broker Approved: Yes
  • Legal Description: TR 4 W D McCraw
  • Reciprocal Listing: No
  • Second Bedroom: 15x14 Level: Level 1 Above Grade
  • Second Bedroom Area: 210.000000
  • Third Bedroom: 15x9 Level: Level 1 Above Grade
  • Third Bedroom Area: 135.000000
  • Above Grade Finished Sq Ft: 2274.00
  • ApplianceConvey: Dishwasher, Microwave, Range-Elec, Refrigerator
  • Has Attic: Access
  • Has Basement: Exterior Entrance, Finished, Fireplace, Heated, Walkout
  • Flooring: Carpet, Ceramic Tile, Hardwood, Vinyl
  • Year Built Exception: 0
  • Fireplace: 2 Fireplaces
  • Level 1 Full Bathrooms: 1
  • Level 2 Full Bathrooms: 1
  • Great Room: 29x22 Level: Level 1 Above Grade
  • Interior Amenities: Ceiling Fan(s), Drywall, Main Level Bedroom, Master Bed w/ Bath, Walk-In Closet(s)
  • Dining Kitchen: 13x9 Level: Level 1 Above Grade
  • Laundry: Dryer Connection, Main Level, Separate Laundry Rm., Washer Connections
  • Laundry Room: 12x5 Level: Level 1 Above Grade
  • Master Bedroom: 15x13 Level: Level 1 Above Grade
  • Office: 12x12 Level: Level 1 Above Grade
  • Other Room 1: 15x14 Level: Below Grade
  • Additional Room 1 Description: Room w/closet
  • GreatRoom Area: 638.000000
  • Livinggreat Room Dim: 29.000 x 22.000
  • Kitchen Area: 117.000000
  • Laundry Room Area: 60.000000
  • Office Area: 144.000000
  • Est Other Room1 Dim: 15.000 x 14.000
  • 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: Metal
  • New Construction: Completed
  • Exterior Features: Circular Drive, Garden Space, Landscaped, Secluded Lot, Storm Doors

Garage/Parking

  • Garage Dim: 0.000 x 0.000

Utilities

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

Lot Info

  • Lot Sq Ft: 2532.00

Tax Info

  • Estimated Taxes: 1436

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2021
Closed on
Oct 13, 2021
Sold by
Thomas John L and Thomas Jody M
Bought by
Barker Grady and Barker Jodie L
Seller's Agent
Christy Johnson
Four Rivers Realty Group, Inc.
Buyer's Agent
Meredith Ford
OUT OF AREA BROKER
List Price
$449,900
Sold Price
$429,900
Premium/Discount to List
-$20,000
-4.45%
Current Estimated Value
$514,553

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,653
Avg. Annual Appreciation
4.63%
Original Mortgage
$429,900
Outstanding Balance
$395,416
Interest Rate
2.8%
Mortgage Type
VA
Estimated Equity
$115,688

Purchase Details

Listed on
Jul 19, 2016
Closed on
Aug 22, 2016
Sold by
Tedford Brian K
Bought by
Thomas John L and Thomas Jody M
Seller's Agent
Mickey Herzing
Mark A. Dalton & Co., Inc.
Buyer's Agent
Joe Moss
Wingfield Real Estate, Inc.
List Price
$319,900
Sold Price
$305,000
Premium/Discount to List
-$14,900
-4.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.86%
Original Mortgage
$270,000
Interest Rate
3.48%
Mortgage Type
Purchase Money Mortgage
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
Barker Grady -- None Listed On Document
Thomas John L $305,000 Advantage Title & Closing
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barker Grady $429,900
Previous Owner Thomas John L $270,000
Previous Owner Tedford Brian K $35,000
Previous Owner Tedford Brian K $231,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/05/2021 11/05/21 Sold $429,900 -4.4% $170 / Sq Ft
08/31/2021 08/31/21 Pending -- -- --
06/01/2021 06/01/21 For Sale $449,900 +47.5% $178 / Sq Ft
09/06/2016 09/06/16 Sold $305,000 -4.7% $83 / Sq Ft
09/05/2016 09/05/16 Pending -- -- --
07/19/2016 07/19/16 For Sale $319,900 -- $87 / 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 $1,919 $314,600 $48,600 $266,000
2024 $1,919 $314,600 $48,600 $266,000
2023 $1,919 $314,600 $48,600 $266,000
2022 $1,919 $314,600 $48,600 $266,000
2021 $1,919 $314,600 $48,600 $266,000
2020 $1,919 $314,600 $48,600 $266,000
2019 $1,796 $294,500 $54,600 $239,900
2018 $1,796 $277,700 $54,600 $223,100
2017 $1,694 $277,700 $54,600 $223,100
2016 $1,694 $277,700 $54,600 $223,100
2015 $1,555 $277,700 $54,600 $223,100
2014 $1,555 $277,700 $54,600 $223,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 331882

APN: 106-A-21