NOT LISTED FOR SALE

532 Mount Hermon Cir Danville, VA 24540

Estimated Value: $156,000 - $206,065

3 Beds
2 Baths
1,272 Sq Ft
$138/Sq Ft Est. Value

Last Sold March 12, 2014

Last sale price $70,000 $55 Per Sq Ft

Est. 150% increase in value since last sale

Current estimated payment $971/month

244 Days on Market

Highlights

  • Traditional Architecture
  • Wood Under Carpet
  • Thermal Windows
  • Twin Springs Elementary School Rated A-
  • Covered Patio or Porch
  • Laundry Room

About This Home

As of March 2014

Rare find at this price in desirable location and school district. 3 bedrooms and 2 baths with formal living room and office area. Replacement windows and roof less than 10 years old. Nice utility room w all appliances conveying including washer dyer and freezer. Full basement for storage. 2 wood stoves in building convey with refrigerator, dishwasher, microwave and stove as well.

Last Agent to Sell the Property

Ramsey Yeatts

RAMSEY YEATTS & ASSOCIATES, REALTORS License #0225104144 Listed on: 06/28/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $351

Year Built

  • Built in 1956

Lot Details

  • 0.48 Acre Lot
  • Level Lot

Parking

  • No Garage

Home Design

  • Traditional Architecture
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,272 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Thermal Windows

Kitchen

  • Electric Range
  • Microwave
  • Freezer
  • Dishwasher

Flooring

  • Wood Under Carpet
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

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

Unfinished Basement

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

Outdoor Features

  • Covered Patio or Porch

Schools

  • Twin Springs Elementary School
  • Chatham Middle School
  • Chatham High School

Utilities

  • Central Air
  • Heating System Uses Gas
  • Furnace
  • Septic Tank

Home Details

Home Type

Single Family

Est. Annual Taxes

$351

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.48
  • Road Frontage Type: Road Frontage
  • Road Surface Type: Paved
  • Subdivision Name: No
  • Directions: Franklin Turnpike north to right on Mount Hermon Circle at Va Bank and Trust to property on right.
  • Above Grade Finished Sq Ft: 1272
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Year Built: 1956
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Electric Range, Microwave, Refrigerator, Washer, Dryer, Freezer
  • Has Basement: Full, Unfinished, Exterior Entry, Interior Entry
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Wall/Wall Carpet, Carpet Over Hardwood
  • Interior Amenities: 1st Floor Bedroom, Ceiling Fan(s)
  • Living Area: 1272
  • Window Features: Thermopane Windows

Exterior Features

  • Lot Features: Less than 1 acre, Level
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Patio And Porch Features: Porch, Front, Covered
  • Property Condition: 41 to 75 Years Old
  • Roof: 6 to 10 Years Old, Composition

Garage/Parking

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

Utilities

  • Laundry Features: Washer Hookup, 1st Floor Laundry, Laundry Room
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Electric, Gas/Oil Pack, Furnace
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Public

Schools

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

Lot Info

  • Lot Size Sq Ft: 20908.8
  • Zoning: R-1
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 351

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2013
Closed on
Mar 12, 2014
Sold by
Wilson Inez L
Bought by
Wilkinson John R
Seller's Agent
Ramsey Yeatts
RAMSEY YEATTS & ASSOCIATES, REALTORS
List Price
$89,900
Sold Price
$70,000
Premium/Discount to List
-$19,900
-22.14%
Current Estimated Value
$175,016

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,016
Avg. Annual Appreciation
8.19%
Original Mortgage
$68,732
Outstanding Balance
$50,905
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$124,111
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
Wilkinson John R $70,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilkinson John R $68,732
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/12/2014 03/12/14 Sold $70,000 -22.1% $55 / Sq Ft
03/03/2014 03/03/14 Pending -- -- --
07/01/2013 07/01/13 For Sale $89,900 -- $71 / 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 $662 $118,200 $18,000 $100,200
2024 $662 $118,200 $18,000 $100,200
2023 $662 $118,200 $18,000 $100,200
2022 $550 $69,300 $18,000 $51,300
2021 $430 $69,300 $18,000 $51,300
2020 $430 $69,300 $18,000 $51,300
2019 $430 $69,300 $18,000 $51,300
2018 $430 $69,300 $18,000 $51,300
2017 $394 $69,300 $18,000 $51,300
2016 $394 $66,700 $18,000 $48,700
2015 $394 $66,700 $18,000 $48,700
2011 -- $62,700 $14,000 $48,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Dan River Region Association of REALTORS®

MLS Number: 49656

APN: 2410-56-0389