NOT LISTED FOR SALE

561 Cherrystone Rd Chatham, VA 24531

Estimated Value: $176,000 - $322,000

5 Beds
2.5 Baths
3,058 Sq Ft
$92/Sq Ft Est. Value

Last Sold August 08, 2013

Last sale price $168,100 $55 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $1,697/month

115 Days on Market

Highlights

  • Deck
  • Multiple Fireplaces
  • Wood Flooring
  • Chatham Elementary School Rated A-
  • Ranch Style House
  • Great Room

About This Home

As of August 2013

Great location on wooded lot with backyard privacy, lots of closets and huge attic storage, Lot of Sq ft for the price, needs interior paint and carpet, paved driveway with plenty of parking, partially finished basement with family room and gas log fireplace, basement has roughed in plumbing for another bath. Master bedroom has cedar lined closet.

Last Buyer's Agent

Ramsey Yeatts

RAMSEY YEATTS & ASSOCIATES, REALTORS License #0225104144

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $945

Year Built

  • Built in 1978

Lot Details

  • 0.84 Acre Lot

Home Design

  • Ranch Style House
  • Traditional Architecture
  • Composition Roof
  • Wood Siding

Interior Spaces

  • Ceiling Fan
  • Multiple Fireplaces
  • Wood Burning Fireplace
  • Self Contained Fireplace Unit Or Insert
  • Gas Log Fireplace
  • Thermal Windows
  • Family Room with Fireplace
  • Great Room
  • Dining Room
  • Storage Room
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Laundry on main level
  • Washer and Electric Dryer Hookup

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Parking

  • No Garage
  • Driveway

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

  • Chatham Elementary And Middle School
  • Chatham High School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Furnace
  • Septic Tank
  • Satellite Dish
  • Cable TV Available

Community Details

  • Chatham Area Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$945

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.84
  • Road Frontage Type: Road Frontage
  • Road Surface Type: Paved
  • Subdivision Name: Chatham Area
  • Directions: (From Danville) 29 N past Tightsqueeze stoplight, go 1/2 to left on Cherrystone Rd, Home on left. (From Chatham) 29 S to right on Cherrystone Rd just before Tightsqueeze stoplight house on left.
  • Above Grade Finished Sq Ft: 2058
  • Architectural Style: Traditional, Ranch
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Year Built: 1978
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Electric Range, Refrigerator
  • Other Equipment: Satellite Dish
  • Has Basement: Full, Unfinished, Partially Finished, Exterior Entry
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 1000
  • Fireplace Features: Two, Family Room, Wood Burning, Gas Log, Insert, No Flue
  • Fireplace: Yes
  • Flooring: Wall/Wall Carpet, Tile, Vinyl, Hardwood
  • Interior Amenities: 1st Floor Bedroom, Ceiling Fan(s), Cable TV, 1st Floor Master Bedroom, Storage Room, Dining Room, Great Room
  • Living Area: 3058
  • Window Features: Thermopane Windows

Exterior Features

  • Lot Features: Less than 1 acre
  • Home Warranty: No
  • Construction Type: Wood Siding
  • Patio And Porch Features: Deck, Back, Side Porch, Covered
  • Property Condition: 21 to 40 Years Old
  • Roof: Composition

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage, No Carport, Hard Surface Drive

Utilities

  • Laundry Features: Electric Dryer Hookup, Washer Hookup, 1st Floor Laundry
  • Security: Smoke Detector(s)
  • Cooling: Central Air, Heat Pump
  • Cooling Y N: Yes
  • Heating: Electric, Furnace, Forced Air, Heat Pump
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Public

Schools

  • Elementary School: Chatham
  • High School: Chatham
  • Middle Or Junior School: Chatham

Lot Info

  • Lot Size Sq Ft: 36590.4
  • Zoning: R-1
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 944.72

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2013
Closed on
Jul 26, 2013
Sold by
Bowen James G
Bought by
Wood Heath D
Buyer's Agent
Ramsey Yeatts
RAMSEY YEATTS & ASSOCIATES, REALTORS
List Price
$167,500
Sold Price
$168,100
Premium/Discount to List
$600
0.36%
Current Estimated Value
$285,560

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,460
Avg. Annual Appreciation
4.86%
Original Mortgage
$165,054
Interest Rate
4.25%
Mortgage Type
FHA
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
Wood Heath D $168,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wood Heath D $159,354
Closed Wood Heath D $162,927
Closed Wood Heath D $165,054
Previous Owner Bowen James G $128,000
Previous Owner Blair Raymond Addison $144,236
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2013 08/08/13 Sold $168,100 +0.4% $55 / Sq Ft
07/15/2013 07/15/13 Pending -- -- --
03/21/2013 03/21/13 For Sale $167,500 -- $55 / Sq Ft
Source: Dan River Region 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 $1,600 $285,700 $25,000 $260,700
2023 $1,600 $285,700 $25,000 $260,700
2022 $1,287 $188,300 $25,000 $163,300
2021 $1,167 $188,300 $25,000 $163,300
2020 $1,167 $188,300 $25,000 $163,300
2019 $1,167 $188,300 $25,000 $163,300
2018 $1,167 $188,300 $25,000 $163,300
2017 $1,051 $188,300 $25,000 $163,300
2016 $1,051 $178,200 $25,000 $153,200
2015 $1,051 $178,200 $25,000 $153,200
2011 -- $168,700 $23,000 $145,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Dan River Region Association of REALTORS®

MLS Number: 49054

APN: 2425-01-2006