NOT LISTED FOR SALE

545 Morehead Ave Ridgeway, VA 24148

Estimated Value: $236,000 - $280,000

3 Beds
1.5 Baths
2,280 Sq Ft
$115/Sq Ft Est. Value

Last Sold April 01, 2024

Last sale price $244,000 $107 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $1,444/month

42 Days on Market

Highlights

  • Deck
  • Main Floor Bedroom
  • Porch
  • Wood Burning Stove
  • 1 Fireplace
  • 2 Car Attached Garage

About This Home

As of April 2024

Welcome to 545 Morehead Ave! This spacious home sits on over 3 acres, offers a massive garage, tons of closet space and oversized rooms. Get cozy in the den area with wood burning fireplace and enjoy the open concept of the dining space. Just a few steps away there is a sunroom to enjoy with a backyard view and gas heater. The refrigerator, windows, and heat pump are all updated within the last five years. The primary bedroom and second bedroom both offer walk-in closets, while the third bedroom offers dual closet areas. The custom built-ins add a nice touch for decor and character. The hallway bath has two large linen closets. The large trees in front yard will be beautiful in spring and can be appreciated from the side deck and the tile-covered front porch! The home has a wraparound driveway and a concrete walkway all the way around. The two-car detached garage has a remote control automatic door on right side and a manual door on left side, 12' ceilings, separate electrical panels, block exterior, and exterior side doors. This property also includes a huge, custom-built, block outbuilding with electricity and plumbing and a built-in garage 17' x 24' beneath it. Lot size and square footage are estimated.

Last Agent to Sell the Property

Amy Guilliams

KW Martinsville Brokerage Phone: 2767887653 License #0225243027 Listed on: 02/15/2024

KW Martinsville

Last Buyer's Agent

Tonya Bredamus

KW Martinsville License #0225252569

KW Martinsville

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1961

Lot Details

  • 5.72 Acre Lot
  • Home fronts a stream

Parking

  • 2 Car Attached Garage
  • Driveway
  • Open Parking

Home Design

  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 2,280 Sq Ft Home
  • Ceiling Fan
  • 1 Fireplace
  • Wood Burning Stove
  • Rods

Kitchen

  • Single Oven
  • Cooktop
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet

Outdoor Features

  • Deck
  • Patio
  • Outbuilding
  • Porch

Utilities

  • Cooling Available
  • Heat Pump System
  • Vented Exhaust Fan
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

  • Ridgeway Subdivision

Home Details

Home Type

Single Family

Year Built

Built in 1961

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: 1961
  • Attribution Contact: 2767887653
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, Dishwasher, Cooktop, Refrigerator, Single Oven, Exhaust Fan
  • Other Equipment: No Farm Equipment
  • Has Basement: None, Other
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: 1, Wood Burning Stove, Propane, See Remarks
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Laminate, Tile
  • Interior Amenities: 1st Floor Bedroom, Ceiling Fan(s), Walk-In Closet(s), Other
  • Living Area: 2280
  • Window Features: Rods/Hardware

Exterior Features

  • Waterfront Features: Stream
  • Home Warranty: No
  • Construction Type: Brick
  • Other Structures: Outbuilding
  • Patio And Porch Features: Deck, Patio, Porch
  • Roof: Composition

Garage/Parking

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

Utilities

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

Lot Info

  • Lot Size Sq Ft: 249084
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2024
Closed on
Mar 29, 2024
Sold by
Draper-Lohr Barbara A
Bought by
Burroughs Sharan P
Seller's Agent
Amy Guilliams
KW Martinsville
Buyer's Agent
Tonya Bredamus
KW Martinsville
List Price
$289,900
Sold Price
$244,000
Premium/Discount to List
-$45,900
-15.83%
Views
213
Current Estimated Value
$261,132

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,132
Avg. Annual Appreciation
4.02%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Burroughs Sharan P $244,000 Virginia Title Center
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/03/2024 04/03/24 Off Market $289,900 -- --
04/01/2024 04/01/24 Sold $244,000 -15.8% $107 / Sq Ft
03/29/2024 03/29/24 Pending -- -- --
02/15/2024 02/15/24 For Sale $289,900 -- $127 / 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 $910 $164,000 $26,500 $137,500
2024 $910 $164,000 $26,500 $137,500
2023 $910 $164,000 $26,500 $137,500
2022 $910 $164,000 $26,500 $137,500
2021 $910 $164,000 $26,500 $137,500
2020 $893 $160,900 $26,500 $134,400
2019 $893 $160,900 $26,500 $134,400
2018 $89,300 $160,900 $26,500 $134,400
2017 $89,300 $160,900 $26,500 $134,400
2016 $79,495 $162,900 $26,500 $136,400
2015 $79,495 $162,900 $26,500 $136,400
2014 -- $162,900 $26,500 $136,400
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 141160

APN: 112470001