NOT LISTED FOR SALE

541 Hanover Place Ridgeway, VA 24148

Estimated Value: $47,000 - $249,000

3 Beds
2 Baths
1,610 Sq Ft
$120/Sq Ft Est. Value

Last Sold November 01, 2022

Last sale price $194,000 $120 Per Sq Ft

Current estimated payment $1,105/month

91 Days on Market

Highlights

  • Deck
  • Main Floor Bedroom
  • 2 Car Attached Garage
  • Wood Flooring
  • Cul-De-Sac
  • Walk-In Closet

About This Home

As of November 2022

Welcome to 541 Hanover Place, a charming, single-owner, commuter-friendly home in Ridgeway and with close proximity to nearby amenities, shopping, U.S. 220 - and the new, Commonwealth Crossing Industrial Park! With 1,610 square feet on the main level, including laundry and a main level master bedroom and bath, this is the perfect option for those longing to downsize! Step out onto the deck and enjoy all the peace of your back yard! Below, a double garage leads to a full, unfinished basement with plenty of room, should one wish to expand the finished living space! This is a great home and in a great neighborhood, so call for an appointment before it gets away!

Last Agent to Sell the Property

Rod Berry

Berry-Elliott, REALTORS Brokerage Email: 2766561111, dberry@berryelliott.com License #0225043337 Listed on: 08/01/2022

Last Buyer's Agent

Cynthia Gammons

Adams Realty,Inc. License #0225099225

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $617

Year Built

  • Built in 1989

Lot Details

  • 0.87 Acre Lot
  • Cul-De-Sac

Parking

  • 2 Car Attached Garage
  • Tuck Under Garage
  • Driveway
  • Open Parking

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 1,610 Sq Ft Home
  • Ceiling Fan
  • Fireplace Features Masonry

Kitchen

  • Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Outdoor Features

  • Deck
  • Outbuilding

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heat Pump System
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

  • Ridgeway Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$617

Year Built

Built in 1989

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Subdivision Name: Ridgeway
  • Carport Y N: No
  • Garage Yn: Yes
  • Year Built: 1989
  • Attribution Contact: 2766561111, dberry@berryelliott.com
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, As Is, Cooktop, Dishwasher, Microwave, Refrigerator
  • Other Equipment: No Farm Equipment
  • Has Basement: Block, Walk-Out Access, Full, Unfinished
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: 1, Masonry, Electric
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl, Wood, Laminate
  • Interior Amenities: 1st Floor Bedroom, Walk-In Closet(s), Ceiling Fan(s)
  • Living Area: 1610

Exterior Features

  • Lot Features: Cul-De-Sac
  • Waterfront Features: No Surface Water
  • Home Warranty: No
  • Construction Type: Brick, Vinyl Siding
  • Other Structures: Outbuilding
  • Patio And Porch Features: Deck
  • Roof: Tile

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: 2 Car Garage, Under, Paved Asphalt Drive
  • Total Parking Spaces: 2

Utilities

  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Forced Air, Heat Pump
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cable Available, Utilities On
  • Water Source: Public

Lot Info

  • Lot Size Sq Ft: 37897.2
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2022
Closed on
Oct 27, 2022
Sold by
Morgan Billie Marie
Bought by
Sileo Mary Grace and Sileo Daniel Michael
Seller's Agent
Rod Berry
Berry-Elliott, REALTORS
Buyer's Agent
Cynthia Gammons
Adams Realty,Inc.
List Price
$194,000
Sold Price
$194,000
Current Estimated Value
$193,465

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$535
Avg. Annual Appreciation
4.60%
Original Mortgage
$190,486
Outstanding Balance
$184,605
Interest Rate
6.02%
Mortgage Type
FHA
Estimated Equity
$35,546
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Sileo Mary Grace $194,000 Commonwealth Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sileo Mary Grace $190,486
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2022 11/01/22 Sold $194,000 0.0% $120 / Sq Ft
11/01/2022 11/01/22 Pending -- -- --
08/01/2022 08/01/22 For Sale $194,000 -- $120 / 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
2024 $617 $111,200 $10,000 $101,200
2023 $617 $111,200 $10,000 $101,200
2022 $617 $111,200 $10,000 $101,200
2021 $617 $111,200 $10,000 $101,200
2020 $612 $110,300 $10,000 $100,300
2019 $612 $110,300 $10,000 $100,300
2018 $61,217 $110,300 $10,000 $100,300
2017 $61,217 $110,300 $10,000 $100,300
2016 $54,998 $112,700 $10,000 $102,700
2015 $54,998 $112,700 $10,000 $102,700
2014 -- $112,700 $10,000 $102,700
Source: Public Records

Agents Affiliated with this Home

  • Rod Berry

    Seller's Agent in 2022

    Rod Berry

    Berry-Elliott, REALTORS

    (276) 656-1111

    48 Total Sales

    Rod Berry
    Section Image

  • C

    Buyer's Agent in 2022

    Cynthia Gammons

    Adams Realty,Inc.

    (276) 647-5277

    82 Total Sales

    Cynthia Gammons
    Section Image
See All Agents

Map

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

MLS Number: 137343

APN: 093750007

Virginia Henry County Ridgeway 24148

541 Hanover Place, Ridgeway, VA

This home is located at 541 Hanover Place, Ridgeway, VA 24148 since 01 August 2022 and is currently estimated at $193,465, approximately $120 per square foot. This property was built in 1989. 541 Hanover Place is a home located in Henry County with nearby schools including Drewry Mason Elementary School, Laurel Park Middle School, and Magna Vista High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes