NOT LISTED FOR SALE

56 Cherry Ln Ivanhoe, VA 24350

Estimated Value: $87,512 - $188,000

3 Beds
1 Bath
1,213 Sq Ft
$119/Sq Ft Est. Value

Last Sold February 03, 2020

Last sale price $27,500 $23 Per Sq Ft

Est. 427% increase in value since last sale

Current estimated payment $785/month

218 Days on Market

Highlights

  • Horses Allowed On Property
  • Mature Trees
  • Newly Painted Property
  • 2.5 Acre Lot
  • Farm
  • No HOA

About This Home

As of February 2020

Here is your chance to own a unique property located within horse riding distance to not 1 but 2 trails... New River Trail and the VA Highlands horse trail. The 3 bedroom cottage needs some work but could be a really cute home with hardwood floors and country kitchen. Outside the 2.50+/- acres lays well with a 70x46 building that has many uses...horse stalls, shop, garage, storage... anything you need. Large garden area is level and ready to go. Bring your horse and friends and make this a place to enjoy nature. Call to view this one.

Last Agent to Sell the Property

Judy Short

Weichert Realtors-Short Way Real Estate License #0225045099 Listed on: 05/31/2019

Weichert Realtors-Short Way Real Estate

Last Buyer's Agent

Judy Short

Weichert Realtors-Short Way Real Estate License #0225045099 Listed on: 05/31/2019

Weichert Realtors-Short Way Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $357

Year Built

  • Built in 1950

Lot Details

  • 2.5 Acre Lot
  • Level Lot
  • Mature Trees
  • Garden

Parking

  • 4 Car Detached Garage

Home Design

  • Cottage
  • Newly Painted Property
  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 1,213 Sq Ft Home
  • 1-Story Property
  • Wood Frame Window
  • Living Room
  • Vinyl Flooring
  • Fire and Smoke Detector
  • Property Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Unfinished Basement

  • Partial Basement
  • Laundry in Basement

Outdoor Features

  • Covered Patio or Porch
  • Shed
  • Outbuilding

Schools

  • Carroll County Elementary School
  • Carroll County Intermediate
  • Carroll County High School

Farming

  • Farm

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Riding Trail

Utilities

  • No Cooling
  • Space Heater
  • Heating System Uses Oil
  • Natural Gas Not Available
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$357

Year Built

Built in 1950

Lot Details

0

Parking

4

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Horses: Yes
  • Lot Size Acres: 2.5
  • Lot Size: 2.5 ac
  • Road Surface Type: Paved
  • Directions: I-81, Exit 80. Right off exit for 1 mile. Right on Rt 94 (Ivanhoe Rd) for 8 miles. Right on Painters Hill, Left on Rakestown, right on Cherry Lane. House on right. See sign
  • Architectural Style: Ranch, Cottage
  • Carport Y N: No
  • Garage Yn: Yes
  • Building Stories: 1
  • Year Built: 1950
  • Kitchen Level: First
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: None, Electric Water Heater
  • Has Basement: Partial, Unfinished
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Vinyl
  • Interior Amenities: Other, Newer Paint, Internet Availability Other/See Remarks
  • Living Area: 1213
  • Window Features: Wood Frames, No Window Treatments
  • Living Room Living Room Level: First
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom3 Level: First
  • Room Bedroom2 Level: First
  • Bathroom Level: First

Exterior Features

  • Lot Features: Level, Views, Farm, Other
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: Property Disclosure
  • Construction Type: Aluminum Siding
  • Exterior Features: Horses Allowed, Other, Garden, Mature Trees
  • Other Structures: Outbuilding, Shed(s)
  • Patio And Porch Features: Porch Covered
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 4
  • Garage Spaces: 4
  • Parking Features: Detached
  • Total Parking Spaces: 4

Utilities

  • Laundry Features: In Basement
  • Security: Smoke Detector(s)
  • Cooling: None
  • Cooling Y N: No
  • Heating: Oil, Space Heater
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Natural Gas Not Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Carroll County
  • High School: Carroll County
  • Middle Or Junior School: Carroll County Intermediate

Lot Info

  • Horse Amenities: Riding Trail
  • Lot Size Sq Ft: 108900
  • Zoning: none
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 357.24
  • Tax Lot: 0
  • Tax Map Number: 29-A-113
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2019
Closed on
Jan 10, 2020
Sold by
Dell Virgie Ellen O and Payne Shannon A
Bought by
Dunford Richard David and Dunford Jean R
Seller's Agent
Judy Short
Weichert Realtors-Short Way Real Estate
Buyer's Agent
Judy Short
Weichert Realtors-Short Way Real Estate
List Price
$67,500
Sold Price
$27,500
Premium/Discount to List
-$40,000
-59.26%
Current Estimated Value
$144,878

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,378
Avg. Annual Appreciation
32.53%

Purchase Details

Closed on
Jan 15, 2012
Sold by
Payne Hubert P
Bought by
Turley Pamela Sue and Turley Roy C

Purchase Details

Closed on
Jul 13, 2007
Sold by
Dunford Garland C and Dunford Ronda W
Bought by
Payne Hubert P
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
Dunford Richard David $27,500 New Century Ttl & Setmnt Agc
Turley Pamela Sue -- None Available
Payne Hubert P -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/03/2020 02/03/20 Sold $27,500 -59.3% $23 / Sq Ft
01/08/2020 01/08/20 Pending -- -- --
06/03/2019 06/03/19 For Sale $67,500 -- $56 / Sq Ft
Source: Southwest Virginia 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 $310 $63,300 $14,000 $49,300
2024 $232 $39,300 $10,000 $29,300
2023 $232 $39,300 $10,000 $29,300
2022 $252 $39,300 $10,000 $29,300
2021 $252 $39,300 $10,000 $29,300
2020 $293 $40,100 $10,000 $30,100
2019 $279 $40,100 $10,000 $30,100
2018 $279 $40,100 $10,000 $30,100
2017 $279 $40,100 $10,000 $30,100
2016 $279 $41,100 $10,000 $31,100
2015 -- $41,100 $10,000 $31,100
2014 -- $41,100 $10,000 $31,100
Source: Public Records

Agents Affiliated with this Home

  • Judy Short

    Seller's Agent in 2020

    Judy Short

    Weichert Realtors-Short Way Real Estate

    (276) 223-4018

    8 in this area

    317 Total Sales

    Judy Short
    Section Image
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Map

Source: Southwest Virginia Association of REALTORS®

MLS Number: 69818

APN: 29-A-114

Virginia Carroll County Ivanhoe 24350

56 Cherry Ln, Ivanhoe, VA

Not Listed for Sale

Detached

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