NOT LISTED FOR SALE

553 Cloudcroft Dr Monroe, VA 24574

Estimated Value: $498,000 - $590,000

4 Beds
3 Baths
3,086 Sq Ft
$175/Sq Ft Est. Value

Last Sold October 24, 2022

Last sale price $475,000 $154 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $3,003/month

10 Days on Market

Highlights

  • River Nearby
  • Cape Cod Architecture
  • Secluded Lot
  • Creek or Stream View
  • Wood Burning Stove
  • Living Room with Fireplace

About This Home

As of October 2022

Beautiful brick home in prestigious Cloudcroft, large 5+ acre lush lot, professionally landscaped, detached 2-car garage, such a private setting. Imagine living in a country setting, yet so close to Rt. 29, quick drive to the James River for boating, and kayaking, short drive to Lynchburg, and Charlottesville. This stylish custom home boasts a lovely kitchen with upgrades such as granite, newer appliances, new flooring. Huge living room with see-through fireplace, dining room with columns, ideal for holiday dinners. Kitchen is open to the den with stone fireplace, with lovely windows to enjoy the back yard views. You'll enjoy grilling on the deck (with handicap ramp), and relaxing with a glass of sweet tea and a good book on the expansive brick front porch. Primary suite plus two other bedrooms on main level. Private bedroom suite on second level with double vanity, and huge family room, or large bedroom). Full unfinished basement offers so many options, finish for more sq ft.

Last Agent to Sell the Property

Nadine Blakely

Re/Max 1st Olympic License #0225103715 Listed on: 09/02/2022

Re/Max 1st Olympic

Last Buyer's Agent

Carol Patterson

Century 21 ALL-SERVICE-BED License #0225213039

Century 21 ALL-SERVICE-BED

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,100

Year Built

  • Built in 1994

Lot Details

  • 5.09 Acre Lot
  • Landscaped
  • Secluded Lot
  • Garden
  • Property is zoned A-1

HOA Fees

  • $25 Monthly HOA Fees

Home Design

  • Cape Cod Architecture
  • Poured Concrete
  • Shingle Roof

Interior Spaces

  • 3,086 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Multiple Fireplaces
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Creek or Stream Views

Kitchen

  • Built-In Oven
  • Electric Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl Plank

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • Bathtub Includes Tile Surround

Laundry

  • Dryer
  • Washer

Attic

  • Storage In Attic
  • Scuttle Attic Hole

Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Laundry in Basement

Home Security

  • Storm Windows
  • Storm Doors

Parking

  • 2 Car Attached Garage
  • Workshop in Garage
  • Garage Door Opener

Schools

  • Elon Elementary School
  • Monelison Midl Middle School
  • Amherst High School

Utilities

  • Zoned Heating and Cooling
  • Heat Pump System
  • Electric Baseboard Heater
  • Underground Utilities
  • Well
  • Electric Water Heater
  • Water Purifier
  • Septic Tank

Additional Features

  • Accessible Ramps
  • River Nearby

Community Details

  • Association fees include road maintenance

Listing and Financial Details

  • Assessor Parcel Number 120-3-13

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,100

Year Built

Built in 1994

Lot Details

0

HOA Fees

$25 per month

Listing Details

  • FILLACRES: 5.0900
  • AssocFeeOptional: Required
  • Directions: Route 29 to Route 130 in Madison Heights to a right on Mt. Tabor Dr. Keep bearing right on Cloudcroft Drive. Home on left.
  • Internet Providers: Firefly, Hughes.net, Verizon
  • Lot Measurement: Acres
  • Lot Sq Ft: 221720.00
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 120-3-13
  • Year Built: 1994
  • Heating System: Electric Baseboard, Heat Pump, Two-Zone, Wood Stove, Other
  • Building Stories: Two
  • Dwelling Styles: Cape Cod
  • Officeden Len: 19.000
  • Officeden Wid: 15.000
  • Foyer Area: 112.000000
  • Laundryroom Dim: 0.000 x 0.000
  • Living Room Dim: 16.000 x 13.000
  • Livingroom Len: 16.000
  • Livingroom Wid: 13.000
  • Masterbedroom Area: 224.000000
  • Master Bedroom Dim: 16.000 x 14.000
  • Masterbedroom Len: 16.000
  • Masterbedroom Wid: 14.000
  • Office Dim: 0.000 x 0.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 3.00
  • Bathrooms Display: 3 (3 0)
  • Lower Floor 1 Bedrooms: 4
  • Broker Approved: Yes
  • Disability Features: Accessible w Ramp
  • Legal Description: RESUB CLOUDCROFT SEC 1 LOT 13
  • Reciprocal Listing: No
  • Second Bedroom: 14x12 Level: Level 1 Above Grade
  • Second Bedroom Area: 168.000000
  • Third Bedroom: 14x9 Level: Level 1 Above Grade
  • Third Bedroom Area: 126.000000
  • Fourth Bedroom: 10x10 Level: Level 1 Above Grade
  • Fourth Bedroom Area: 100.000000
  • Above Grade Finished Sq Ft: 3086.00
  • ApplianceConvey: Cooktop, Dishwasher, Dryer, Range-Elec, Wall Oven, Water Purifier, Washer, Other
  • Has Attic: Scuttle, Storage Only
  • Has Basement: Exterior Entrance, Full, Heated, Interior Entrance, Poured Concrete, Walkout
  • Breakfast Area: 12x7 Level: Level 1 Above Grade
  • Flooring: Carpet, Hardwood, Vinyl Plank
  • Year Built Exception: 0
  • Deck: 12x8 Level: Level 1 Above Grade
  • Den: 19x15 Level: Level 1 Above Grade
  • Family Room: 24x18 Level: Level 2 Above Grade
  • Fireplace: 2 Fireplaces, Living Room, Wood Burning
  • Formal Dining: 14x13 Level: Level 1 Above Grade
  • Foyer: 16x7 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 2
  • Level 2 Full Bathrooms: 1
  • Interior Amenities: Ceiling Fan(s), Drywall, Main Level Bedroom, Main Level Den, Master Bed w/ Bath, Rods, Separate Dining Room, Tile Bath(s)
  • Dining Kitchen: 14x12 Level: Level 1 Above Grade
  • Laundry: Basement, Dryer Connection, Washer Connections
  • Living Room: 16x13 Level: Level 1 Above Grade
  • Master Bedroom: 16x14 Level: Level 2 Above Grade
  • Porch: 18x10 Level: Level 1 Above Grade
  • Den Area: 285.000000
  • FamilyRoom Area: 432.000000
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 168.000000
  • LivingRoom Area: 208.000000
  • Est Other Room1 Dim: 0.000 x 0.000
  • Est Other Room2 Dim: 0.000 x 0.000
  • Est Other Room3 Dim: 0.000 x 0.000
  • Rec Room Dim: 0.000 x 0.000
  • Sunroom Dim: 0.000 x 0.000

Exterior Features

  • Lot Number: Lot # 13
  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: River Nearby, Paved Drive, Garden Space, Landscaped, Secluded Lot, Storm Windows, Storm Doors, Undergrnd Utilities, Stream/Creek

Garage/Parking

  • Attached Garage: 2 Car
  • Garage Spaces: Garage Door Opener, Workshop
  • Garage Area: 484.000000
  • Garage Dim: 22.000 x 22.000
  • GarageLen: 22.000
  • GarageWid: 22.000

Utilities

  • Utility Electric: AEP/Appalachian Powr
  • Air Conditioner: Heat Pump, Two-Zone
  • Sewer: Septic Tank
  • Hot Water: Well
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA Fee Frequency: Yearly
  • HOA Includes: Other, Road Maintenance
  • HOA: Lynchburg Board of Realtors
  • Association Fee: 300.00

Schools

  • Elementary School: Elon Elem
  • High School: Amherst High
  • Middle School: Monelison Midl
  • School District: Amherst

Lot Info

  • Lot Sq Ft: 3086.00
  • Zoning: A-1

Tax Info

  • Estimated Taxes: 2100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2022
Closed on
Oct 24, 2022
Sold by
Edwards Gregory A
Bought by
Bagalio Gregory M and Galin Nancy K
Seller's Agent
Nadine Blakely
Re/Max 1st Olympic
Buyer's Agent
Carol Patterson
Century 21 ALL-SERVICE-BED
List Price
$479,900
Sold Price
$475,000
Premium/Discount to List
-$4,900
-1.02%
Current Estimated Value
$538,710

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,710
Avg. Annual Appreciation
4.01%
Original Mortgage
$325,000
Outstanding Balance
$312,702
Interest Rate
6.02%
Mortgage Type
New Conventional
Estimated Equity
$226,008

Purchase Details

Listed on
Sep 11, 2018
Closed on
Oct 15, 2018
Sold by
Ferguson Frederika L and Ferguson Barbara A
Bought by
Edwards Gregory A and Edwards Annette M
Seller's Agent
APRIL BAILEY
NEXT LEVEL REALTY VA
Buyer's Agent
Default Agent
Default Office
List Price
$320,000
Sold Price
$312,000
Premium/Discount to List
-$8,000
-2.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.05%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Bagalio Gregory M $475,000 Old Republic National Title
Edwards Gregory A $312,000 Covenant Real Estate Svcs
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bagalio Gregory M $325,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/24/2022 10/24/22 Sold $475,000 -1.0% $154 / Sq Ft
09/12/2022 09/12/22 Pending -- -- --
09/02/2022 09/02/22 For Sale $479,900 +53.8% $156 / Sq Ft
10/22/2018 10/22/18 Sold $312,000 0.0% $101 / Sq Ft View Prior Sale
10/16/2018 10/16/18 Sold $312,000 -2.5% $101 / Sq Ft View Prior Sale
09/16/2018 09/16/18 Pending -- -- --
09/15/2018 09/15/18 Pending -- -- --
09/11/2018 09/11/18 For Sale $320,000 -8.2% $104 / Sq Ft
05/02/2018 05/02/18 For Sale $348,500 -- $113 / Sq Ft
Source: Lynchburg 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 $1,952 $320,000 $43,200 $276,800
2024 $1,952 $320,000 $43,200 $276,800
2023 $1,952 $320,000 $43,200 $276,800
2022 $1,952 $320,000 $43,200 $276,800
2021 $1,952 $320,000 $43,200 $276,800
2020 $1,952 $320,000 $43,200 $276,800
2019 $2,112 $346,200 $49,200 $297,000
2018 $2,112 $346,200 $49,200 $297,000
2017 $2,112 $346,200 $49,200 $297,000
2016 $2,112 $346,200 $49,200 $297,000
2015 $1,939 $346,200 $49,200 $297,000
2014 $1,939 $346,200 $49,200 $297,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 340285

APN: 120-3-13