NOT LISTED FOR SALE

555 Montrose Rd Monroe, VA 24574

Estimated Value: $164,000 - $335,629

10.04 Acres
$26,587 Price per Acre
437,255 Sq Ft Lot

Last Sold December 16, 2016

Last sale price $60,000 $0 Per Sq Ft

Est. 345% increase in value since last sale

Current estimated payment $1,524/month

366 Days on Market

About This Lot

As of December 2016

Great building site with well and septic. View are unexcelled. Lot has a large storage building and circular driveway. It is about half open and half wooded with a creek.

Last Agent to Sell the Property

Joel Kramar

Harmony Homes & Land License #0225078708 Listed on: 11/18/2015

Last Buyer's Agent

Michael Cooper

Raven Realty LLC License #0225222475

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $242

Lot Details

  • 10.04 Acre Lot
  • Property is zoned SFR-S

HOA Fees

  • $23 Monthly HOA Fees

Schools

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

Utilities

  • Well

Community Details

  • Association fees include road maintenance
  • Montrose Fruit Farm Subdivision

Listing and Financial Details

  • Assessor Parcel Number 106-A-22

Property Details

Property Type

Land

Est. Annual Taxes

$242

Lot Details

0

HOA Fees

$23 per month

Listing Details

  • FILLACRES: 10.0380
  • AssocFeeOptional: No
  • BuildingOnProperty: Other
  • Directions: US 29 Business N to Left Rt 130 pass Elon R on SR 653, 2 miles to Left on Montrose Road. Go almost to end sign will be on the Left
  • Lot Measurement: Acres
  • Lot Sq Ft: 437255.00
  • Days On Market: No
  • Property Subtype1: Unimproved Land
  • Prop. Type: Land
  • Restrictions: Dblwides Not Allowed, Mobiles Not Allowed, Modulars Allowed
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 106-A-22
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Disability Access: Road Frnt Prvt Paved
  • Accessible Transportation: Air 5-10 Miles, State Maintained Rd
  • Broker Approved: Yes
  • Legal Description: Tract B Montrose Fruit Farm
  • Reciprocal Listing: No

Exterior Features

  • Lot Number: Tract B
  • Road Frontage: 393.00
  • Topography: Est 1 Bldg Site,Level to Rolling

Utilities

  • Utilities: ElectricityAvailable, Sewer System Avail, Well Exists

Condo/Co-op/Association

  • HOA Fee Frequency: Yearly
  • HOA Includes: Road Maintenance
  • HOA: Lynchburg Board of Realtors
  • Association Fee: 275.00
  • Subdivision Complex: Montrose Fruit Farm

Schools

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

Lot Info

  • Best Use: Current Existing, Dvlp to Residential
  • Zoning: SFR-S

Tax Info

  • Estimated Taxes: 242

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2015
Closed on
Dec 14, 2016
Sold by
Tally Tally A and Tally K
Bought by
Ryan James K and Ryan Sarah E
Seller's Agent
Joel Kramar
Harmony Homes & Land
Buyer's Agent
Michael Cooper
Raven Realty LLC
List Price
$79,900
Sold Price
$60,000
Premium/Discount to List
-$19,900
-24.91%
Current Estimated Value
$266,876

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$206,876
Avg. Annual Appreciation
18.55%

Purchase Details

Closed on
Nov 25, 2015
Sold by
Entrust Midatlantic Llc Fbo Charles W Ta
Bought by
Tally Charles W

Purchase Details

Closed on
Jun 7, 2010
Sold by
Tally Charles W
Bought by
Tally Charles W and Tally Gail A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,000
Interest Rate
5.03%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Ryan James K $60,000 Attorney
Tally Charles W -- None Available
Tally Charles W -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tally Charles W $261,000
Previous Owner Tally Charles W $40,000
Previous Owner Tally Charles W $255,000
Previous Owner Tally Charles W $35,000
Previous Owner Tally Charles W $35,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2016 12/16/16 Sold $60,000 -24.9% $0 / Sq Ft
11/18/2016 11/18/16 Pending -- -- --
11/18/2015 11/18/15 For Sale $79,900 -- $0 / 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 $597 $97,900 $53,700 $44,200
2024 $597 $97,900 $53,700 $44,200
2023 $328 $53,700 $53,700 $0
2022 $328 $53,700 $53,700 $0
2021 $328 $53,700 $53,700 $0
2020 $328 $53,700 $53,700 $0
2019 $859 $53,700 $53,700 $0
2018 $328 $53,700 $53,700 $0
2017 $328 $53,700 $53,700 $0
2016 $328 $44,900 $44,900 $0
2015 $126 $238,500 $50,900 $187,600
2014 $1,336 $238,500 $50,900 $187,600
Source: Public Records

Agents Affiliated with this Home

  • Joel Kramar

    Seller's Agent in 2016

    Joel Kramar

    Harmony Homes & Land

    (434) 851-9300

    35 Total Sales

    Joel Kramar
    Section Image
  • Michael Cooper

    Buyer's Agent in 2016

    Michael Cooper

    Raven Realty LLC

    (434) 338-2667

    45 Total Sales

    Michael Cooper
    Section Image
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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 295502

APN: 106-A-22

Virginia Amherst County Monroe 24574

555 Montrose Rd, Monroe, VA

This home is located at 555 Montrose Rd, Monroe, VA 24574 since 18 November 2015 and is currently estimated at $266,876, approximately $0 per square foot. 555 Montrose Rd is a home located in Amherst County with nearby schools including Elon Elementary School, Monelison Middle School, and Amherst County High School.

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