NOT LISTED FOR SALE

550 Morewood Rd Hardy, VA 24101

Estimated Value: $272,000 - $388,000

3 Beds
2 Baths
1,788 Sq Ft
$188/Sq Ft Est. Value

Last Sold November 17, 2023

Last sale price $294,000 $164 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $1,946/month

46 Days on Market

Highlights

  • Marina
  • Ranch Style House
  • Covered patio or porch
  • Deck
  • No HOA
  • Breakfast Area or Nook

About This Home

As of November 2023

Check out this beautiful one-level living home, located just minutes to Smith Mountain Lake! Convenient to lake access, public golf course, shopping, restaurants and so much more! Wood floors on entry level, New luxury vinyl flooring in the secondary bedrooms, & new LED recess lighting are just a few of the boasted features. The primary bathroom was completely remodeled in 2021. The kitchen has also been recently remodeled. A large deck on the back of the house offers space for relaxation or entertainment! The partially finished lower level offers a family room, office space or rec room with a stone gas log fireplace. The unfinished space includes laundry room & is plumbed for a third bathroom! Includes 2 acres with a spacious fenced back yard. Extra 1 acre lot included

Last Agent to Sell the Property

Jason Boothe

MOUNTAIN VIEW REAL ESTATE LLC License #0225240064 Listed on: 08/31/2023

Last Buyer's Agent

Kyla Steffens

KELLER WILLIAMS REALTY LYNCHBURG License #0225255780

KELLER WILLIAMS REALTY LYNCHBURG

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,285

Year Built

  • Built in 1996

Lot Details

  • 1 Acre Lot
  • Fenced Yard
  • Gentle Sloping Lot
  • Cleared Lot
  • Garden

Parking

  • 1 Car Attached Garage

Home Design

  • Ranch Style House

Interior Spaces

  • 1,788 Sq Ft Home
  • Ceiling Fan
  • Gas Log Fireplace
  • Fireplace Features Masonry
  • Sliding Doors
  • Insulated Doors
  • Family Room with Fireplace
  • Storage
  • Laundry on main level

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Basement

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

Outdoor Features

  • Deck
  • Covered patio or porch

Schools

  • Closed -Burnt Chimney Elementary School
  • Ben Franklin Middle School
  • Franklin County High School

Utilities

  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 8 & 9

Community Details

Overview

  • No Home Owners Association
  • Golfview Estates Subdivision

Amenities

  • Restaurant

Recreation

  • Marina

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,285

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Interior Features: Breakfast Area, Ceiling Fan, Gas Log Fireplace, Masonry Fireplace, Storage
  • Heating System: Heat Pump Electric
  • Fireplace(s): Family Room
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Full
  • Major Appliances: Dishwasher, Microwave Oven (Built In), Range Electric, Refrigerator
  • Cooling System: Heat Pump Electric
  • Outside Features: Covered Porch, Deck, Fenced Yard, Garden Space, Patio, Paved Driveway
  • BedroomsBREntryLevel: 3
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 1264.00
  • ExteriorDoors: Insulated, Sliding
  • Fireplace Number Fireplaces: 1
  • FullBathsFullBathsEntryLvl: 2
  • Grand Total Attached S Q F T: 2528
  • InternetAccessCurntInternetProv: Shentel
  • LaundryLaundryLowerLevel: 1
  • Major Area: 04 - Franklin County
  • MasterBedroomsMasterBREntryLvl: 1
  • NumberPrimCovSpaces: 1.00
  • OtherBelowGrdFin Sq Ft: 524.00
  • Hoa2 Or Poa: No
  • Primary Covered Parking S Q F T: 312
  • PrimCoveredPrking: Garage Attached
  • RatifiedContractDt: 2023-10-16
  • Residential Type: Detached
  • Style Of House: Ranch
  • Total Above Grd Fin S Q F T: 1264
  • TotalBdrm: 3
  • TotalBths: 2.00
  • TotalCovdPrkSpc: 1.00
  • TotalFBaths: 2
  • Total Finished Sq Ft: 1788.00
  • TotalUnfin Sq Ft: 740.00
  • Unfinished Attached S Q F T Lower Below Grd Unfin S Q F T: 740.00
  • Water Class: N/A
  • Water Htr Energy: Electric
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement YN: Yes

Exterior Features

  • Porch: Front Porch, Rear Porch

Utilities

  • Sewer Description: Private Septic
  • Water Description: Private Well
  • Water Heater Type: Tank

Association/Amenities

  • Misc Features: Cable TV, Paved Road

Schools

  • Elementary School: Closed -Burnt Chimney
  • Middle School: Ben Franklin Middle
  • High School: Franklin County

Lot Info

  • Lot Description: Cleared, Gentle Slope
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 1.00
  • Lot: 8 & 9

Building Info

  • Year Built: 1996

Tax Info

  • Taxes (6 mo): 1284.66
  • FILLTAXID: 015 06-034 00

MLS Schools

  • Elementary School: Closed -Burnt Chimney
  • HighSchool: Franklin County
  • Middle School: Ben Franklin Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 18, 2024
Sold by
May Gary S and May Brenda S
Bought by
May Gary S and May Brenda S
Current Estimated Value
$338,671

Purchase Details

Listed on
Aug 31, 2023
Closed on
Dec 5, 2023
Sold by
Heritage Holding Llc
Bought by
Fraze Brack David and Fraze Nancy Mae
Seller's Agent
Jason Boothe
MOUNTAIN VIEW REAL ESTATE LLC
Buyer's Agent
Kyla Steffens
KELLER WILLIAMS REALTY LYNCHBURG
List Price
$349,950
Sold Price
$294,000
Premium/Discount to List
-$55,950
-15.99%
Views
400

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.36%

Purchase Details

Listed on
Apr 21, 2021
Closed on
Jun 8, 2021
Sold by
Bowles Stevan G and Bowles Shenika D
Bought by
Belcher Benjamin W and Gilley Autumn B
Seller's Agent
Billy Kingery
MOUNTAIN TO LAKE REALTY
Buyer's Agent
Jason Boothe
MOUNTAIN VIEW REAL ESTATE LLC
List Price
$259,900
Sold Price
$266,700
Premium/Discount to List
$6,800
2.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.07%
Original Mortgage
$261,868
Interest Rate
2.9%
Mortgage Type
FHA

Purchase Details

Listed on
Apr 21, 2021
Closed on
Jun 7, 2021
Sold by
Bowles Stevan G and Bowles Shenika D
Bought by
Belcher Benjamin W and Gilley Autumn B
Seller's Agent
Billy Kingery
MOUNTAIN TO LAKE REALTY
Buyer's Agent
Jason Boothe
MOUNTAIN VIEW REAL ESTATE LLC
List Price
$259,900
Sold Price
$266,700
Premium/Discount to List
$6,800
2.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,868
Interest Rate
2.9%
Mortgage Type
FHA

Purchase Details

Listed on
Jan 19, 2018
Closed on
Mar 25, 2019
Sold by
Baker James O and Baker Jacqueline L
Bought by
Bowles Steven G and Bowles Shenika D
Seller's Agent
Pamela Gabriel
RE/MAX LAKEFRONT REALTY INC
Buyer's Agent
Julie Kingery
MOUNTAIN TO LAKE REALTY
List Price
$209,500
Sold Price
$199,000
Premium/Discount to List
-$10,500
-5.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.24%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
May Gary S -- None Listed On Document
May Gary S -- None Listed On Document
Fraze Brack David -- None Listed On Document
Belcher Benjamin W $266,700 Fidelity National Title
Belcher Benjamin W $266,700 Priority Title & Setmnt Llc
Bowles Steven G $199,000 Virginia Title Center Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Belcher Benjamin W $261,868
Previous Owner Belcher Benjamin W $261,868
Previous Owner Baker James O $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2023 11/17/23 Sold $294,000 -8.1% $164 / Sq Ft
10/16/2023 10/16/23 Pending -- -- --
10/08/2023 10/08/23 Price Changed $319,950 -3.0% $179 / Sq Ft
09/29/2023 09/29/23 Price Changed $329,950 -2.9% $185 / Sq Ft
09/25/2023 09/25/23 Price Changed $339,950 -1.4% $190 / Sq Ft
09/11/2023 09/11/23 Price Changed $344,950 -1.4% $193 / Sq Ft
09/02/2023 09/02/23 Price Changed $349,900 0.0% $196 / Sq Ft
08/31/2023 08/31/23 For Sale $349,950 +31.2% $196 / Sq Ft
06/08/2021 06/08/21 Sold $266,700 +2.6% $149 / Sq Ft
04/23/2021 04/23/21 Pending -- -- --
04/21/2021 04/21/21 For Sale $259,900 +30.6% $145 / Sq Ft
03/27/2019 03/27/19 Sold $199,000 -5.0% $114 / Sq Ft
02/15/2019 02/15/19 Pending -- -- --
01/19/2018 01/19/18 For Sale $209,500 -- $120 / Sq Ft
Source: Roanoke Valley 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 $1,097 $255,200 $37,000 $218,200
2023 $1,132 $185,600 $30,000 $155,600
2022 $1,132 $185,600 $30,000 $155,600
2021 $1,132 $185,600 $30,000 $155,600
2020 $1,132 $185,600 $30,000 $155,600
2019 $1,020 $167,200 $30,000 $137,200
2018 $1,020 $167,200 $30,000 $137,200
2017 $920 $169,500 $30,000 $139,500
2016 $920 $169,500 $30,000 $139,500
2015 -- $169,500 $30,000 $139,500
2014 -- $169,500 $30,000 $139,500
2013 -- $169,500 $30,000 $139,500
Source: Public Records

Agents Affiliated with this Home

  • Jason Boothe

    Seller's Agent in 2023

    Jason Boothe

    MOUNTAIN VIEW REAL ESTATE LLC

    (540) 204-5818

    2 in this area

    282 Total Sales

    Section Image

  • K

    Buyer's Agent in 2023

    Kyla Steffens

    KELLER WILLIAMS REALTY LYNCHBURG

    2 in this area

    28 Total Sales

    Section Image

  • M

    Buyer Co-Listing Agent in 2023

    Margaret Craye

    EXP REALTY LLC - SML

    (540) 484-3234

    17 in this area

    187 Total Sales

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  • Billy Kingery

    Seller's Agent in 2021

    Billy Kingery

    MOUNTAIN TO LAKE REALTY

    (540) 420-2030

    4 in this area

    416 Total Sales

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  • Julie Kingery

    Seller Co-Listing Agent in 2021

    Julie Kingery

    MOUNTAIN TO LAKE REALTY

    (540) 420-0738

    4 in this area

    251 Total Sales

    Section Image

  • B

    Buyer Co-Listing Agent in 2021

    Bradley Greenway

    GREENWAY GROUP REALTORS

    (540) 815-4162

    1 in this area

    127 Total Sales

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See All Agents

Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 901292

Roanoke Valley Association of REALTORS®

APN: 0150603400

Virginia Franklin County Hardy 24101

550 Morewood Rd, Hardy, VA

This home is located at 550 Morewood Rd, Hardy, VA 24101 since 31 August 2023 and is currently estimated at $335,786, approximately $187 per square foot. This property was built in 1996. 550 Morewood Rd is a home located in Franklin County with nearby schools including Burnt Chimney Elementary School, Benjamin Franklin Middle School, and Franklin County 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.

Roanoke Valley Association of REALTORS® 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.

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