NOT LISTED FOR SALE

5616 Dry Pond Hwy Stuart, VA 24171

Estimated Value: $389,000 - $430,283

3 Beds
2 Baths
2,520 Sq Ft
$163/Sq Ft Est. Value

Last Sold October 17, 2022

Last sale price $370,000 $147 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,284/month

18 Days on Market

Highlights

  • 49.25 Acre Lot
  • Covered Patio or Porch
  • Baseboard Heating
  • No HOA
  • 2 Car Attached Garage
  • Gas Log Fireplace

About This Home

As of October 2022

Check out this beautiful piece of Patrick County history! This colonial style farmhouse has been passed down over generations and sits on over 49 acres, awaiting its new owners. The large home offers 2,520 square feet of living space with 4 bedrooms and 2 full baths, featuring tall ceilings and the original hardwood floors from 1900. Home also has an attached two car garage, large front porch, eat-in kitchen, large master suite, and more! Enjoy the large shade trees and level yard around the home. Property features 49.25 acres on both sides of the highway with a mixture of open fields and wooded areas. Located conveniently just 5 minutes from Stuart and within an hour of Martinsville, Greensboro, and Winston Salem.

Last Agent to Sell the Property

Cole Harris

U/C BLUE RIDGE LAND & AUCTION CO INC- FLOYD License #0225241001 Listed on: 08/22/2022

Last Buyer's Agent

Cole Harris

U/C BLUE RIDGE LAND & AUCTION CO INC- FLOYD License #0225241001 Listed on: 08/22/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,110

Year Built

  • Built in 1900

Lot Details

  • 49.25

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 2,520 Sq Ft Home
  • 2-Story Property
  • Gas Log Fireplace
  • Great Room with Fireplace
  • Crawl Space

Kitchen

  • Gas Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Schools

  • Patrick County High School

Utilities

  • Heat Pump System
  • Baseboard Heating
  • Heating System Uses Gas

Additional Features

  • Covered Patio or Porch
  • 49.25 Acre Lot

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,110

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Interior Features: Gas Log Fireplace
  • Heating System: Baseboard Electric, Gas - Propane, Heat Pump Electric
  • Fireplace(s): Great Room
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Crawl Space
  • Major Appliances: Clothes Dryer, Clothes Washer, Dishwasher, Range Gas, Refrigerator
  • Cooling System: Heat Pump Electric
  • Outside Features: Covered Porch, Patio
  • BedroomsBREntryLevel: 1
  • BedroomsBRUpperLevel: 2
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 1656.00
  • Fireplace Number Fireplaces: 1
  • FullBathsFullBathsEntryLvl: 1
  • FullBathsFullBathsUpperLvl: 1
  • Grand Total Attached S Q F T: 2520
  • LaundryLaundryEntryLevel: 1
  • Major Area: 12 - Patrick County
  • MasterBedroomsMasterBREntryLvl: 1
  • NumberPrimCovSpaces: 2.00
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Garage Attached
  • RatifiedContractDt: 2022-09-09
  • Residential Type: Detached
  • Style Of House: 2 Story
  • Total Above Grd Fin S Q F T: 2520
  • TotalBdrm: 3
  • TotalBths: 2.00
  • TotalCovdPrkSpc: 2.00
  • TotalFBaths: 2
  • Total Finished Sq Ft: 2520.00
  • UpperAboveGrdFin Sq Ft: 864.00
  • Water Class: N/A
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Basement YN: No

Exterior Features

  • Porch: Front Porch

Utilities

  • Sewer Description: Private Septic
  • Water Description: Private Well

Schools

  • Elementary School: Other - See Remarks
  • Middle School: Other - See Remarks
  • High School: Patrick County

Lot Info

  • Lot Dimensions: 49.25 Acres
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 49.25

Building Info

  • Year Built: 1900

Tax Info

  • Taxes (6 mo): 1110.00
  • FILLTAXID: 4709-3

MLS Schools

  • Elementary School: Other - See Remarks
  • HighSchool: Patrick County
  • Middle School: Other - See Remarks

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2022
Closed on
Sep 11, 2022
Sold by
Tatum Pauline M
Bought by
Hofmeister Sascha T and Hofmeister Shanna L
Seller's Agent
Cole Harris
U/C BLUE RIDGE LAND & AUCTION CO INC- FLOYD
Buyer's Agent
Cole Harris
U/C BLUE RIDGE LAND & AUCTION CO INC- FLOYD
List Price
$389,000
Sold Price
$370,000
Premium/Discount to List
-$19,000
-4.88%
Current Estimated Value
$409,642

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,642
Avg. Annual Appreciation
3.49%
Original Mortgage
$314,500
Outstanding Balance
$301,428
Interest Rate
5.66%
Mortgage Type
New Conventional
Estimated Equity
$108,214
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
Hofmeister Sascha T $370,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hofmeister Sascha T $314,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/17/2022 10/17/22 Sold $370,000 -4.9% $147 / Sq Ft
09/09/2022 09/09/22 Pending -- -- --
08/22/2022 08/22/22 For Sale $389,000 -- $154 / Sq Ft
Source: Roanoke Valley 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 $1,351 $185,000 $110,900 $74,100
2024 $1,351 $185,000 $110,900 $74,100
2023 $1,351 $185,000 $110,900 $74,100
2022 $1,351 $185,000 $110,900 $74,100
2021 $1,257 $184,900 $110,900 $74,000
2020 $1,383 $203,400 $110,900 $92,500
2019 $1,383 $203,400 $110,900 $92,500
2018 $1,159 $203,400 $110,900 $92,500
2017 -- $203,400 $110,900 $92,500
2016 $1,159 $203,400 $110,900 $92,500
2015 -- $203,400 $110,900 $92,500
2014 -- $214,000 $114,500 $99,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 892329

Roanoke Valley Association of REALTORS®

APN: 47090003