NOT LISTED FOR SALE

551 Spout Spring Rd Spout Spring, VA 24593

Estimated Value: $251,000 - $279,000

3 Beds
1 Bath
896 Sq Ft
$300/Sq Ft Est. Value

Last Sold March 02, 2017

Last sale price $20,000 $22 Per Sq Ft

Est. 1,246% increase in value since last sale

Current estimated payment $1,505/month

Highlights

  • Main Floor Primary Bedroom
  • Wood Siding
  • Heating System Uses Oil
  • Bungalow

About This Home

As of March 2017

Great investment opportunity! Home is convenient to Lynchburg, Concord & Appomattox, right off RT 460, yet very quite and peaceful. Nice porch to sit and relax. Spacious yard for entertaining friends or letting the kids play. Just needs a little TLC.

Last Agent to Sell the Property

Michelle Ford

Century 21 All-Service Brokerage Phone: 4343522318 License #0225213676 Listed on: 03/02/2017

Century 21 All-Service

Last Buyer's Agent

Michelle Ford

Century 21 All-Service Brokerage Phone: 4343522318 License #0225213676 Listed on: 03/02/2017

Century 21 All-Service

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $935

Year Built

  • Built in 1956

Lot Details

  • 0.49 Acre Lot
  • Property is zoned R1

Home Design

  • Bungalow
  • Block Foundation
  • Composition Roof
  • Wood Siding
  • Stick Built Home

Interior Spaces

  • 896 Sq Ft Home
  • Crawl Space
  • Oven or Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom

Parking

  • No Garage
  • Gravel Driveway
  • Open Parking

Utilities

  • Heating System Uses Oil
  • Well
  • Septic Tank

Home Details

Home Type

Single Family

Est. Annual Taxes

$935

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Attribution Contact: 4343522318
  • Directions: Rt 460 East to right on Spout Spring Rd, approx 1/2 mile to house on left.
  • Prop. Type: Residential
  • Year Built: 1956
  • Property Sub Type: Residential
  • Lot Size Acres: 0.49
  • Subdivision Name: None
  • Architectural Style: Bungalow
  • Carport Y N: No
  • Garage Yn: No
  • Structure Type: Stick Built
  • Special Features: None

Interior Features

  • Appliances: Range/Oven, Refrigerator
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 896
  • Master Bedroom Master Bedroom Level: First
  • Master Bedroom Master Bedroom Width: 15
  • Room Master Bedroom Area: 195

Exterior Features

  • Roof: Composition
  • Lot Features: Acreage Range (0 to .49)
  • Waterfront Features: No Surface Water
  • Home Warranty: No
  • Construction Type: Wood Siding
  • Foundation Details: Block

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Gravel, No Garage

Utilities

  • Sewer: Septic Tank
  • Heating: Oil
  • Heating Yn: Yes
  • Water Source: Well

Lot Info

  • Zoning: R1
  • Lot Size Sq Ft: 21344.4
  • Farm Land Area Units: Square Feet
  • ResoLotSizeUnits: SquareFeet

Green Features

Multi Family

  • Above Grade Finished Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 22, 2017
Sold by
D & D Land Holdings Llc
Bought by
Warner Lon C
Current Estimated Value
$269,205

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,400
Outstanding Balance
$99,579
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$131,678
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
Warner Lon C $1,480,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Warner Lon C $118,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/02/2017 03/02/17 Sold $20,000 -- $22 / Sq Ft
Source: South Central 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 $935 $148,400 $14,800 $133,600
2024 $935 $148,400 $14,800 $133,600
2023 $935 $148,400 $14,800 $133,600
2022 $935 $148,400 $14,800 $133,600
2021 $935 $148,400 $14,800 $133,600
2020 $935 $148,400 $14,800 $133,600
2019 $844 $129,800 $13,300 $116,500
2018 $844 $129,800 $13,300 $116,500
2017 $283 $43,500 $13,300 $30,200
2016 $283 $43,500 $13,300 $30,200
2014 -- $43,500 $13,300 $30,200
2013 -- $40,000 $12,000 $28,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Central Association of REALTORS®

MLS Number: 37354

South Central Association of REALTORS®

APN: 62( A) 43