NOT LISTED FOR SALE

569 Cedar Springs Rd Sugar Grove, VA 24375

Estimated Value: $181,000 - $307,000

3 Beds
2 Baths
1,170 Sq Ft
$188/Sq Ft Est. Value

Last Sold February 19, 2020

Last sale price $46,500 $40 Per Sq Ft

Est. 293% increase in value since last sale

Current estimated payment $1,060/month

89 Days on Market

Highlights

  • Mature Trees
  • Newly Painted Property
  • No HOA
  • Deck
  • Main Floor Primary Bedroom
  • Cottage

About This Home

As of February 2020

Cute 3 BR, 2 BA in the throws of being remodeled. Main Level is complete. 2 BR and 1 BA upstairs needs to be finished. Kitchen: new flooring, new cabinets, counter tops and floors.Gas logs fireplace added. 4 new thermo-pane tilt windows. New doors and storm doors. Bath: new vanity, commode & floor. Beautiful lot! Beautiful scenery and views in Cedar Springs. Main level gutted - new insulation and sheet rock and lighting. Building supplies left to finish bath on second level are in basement and will convey.

Last Agent to Sell the Property

Vickie Stamper

Appalachian Realty Co. License #0225024307 Listed on: 11/20/2019

Last Buyer's Agent

Vickie Stamper

Appalachian Realty Co. License #0225024307 Listed on: 11/20/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $522

Year Built

  • Built in 1942

Lot Details

  • 0.93 Acre Lot
  • Chain Link Fence
  • Cleared Lot
  • Mature Trees
  • Garden
  • Property is in good condition
  • Property is zoned A/R

Home Design

  • Cottage
  • Newly Painted Property
  • Block Foundation
  • Fire Rated Drywall
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,170 Sq Ft Home
  • 2-Story Property
  • Ventless Fireplace
  • Gas Log Fireplace
  • Insulated Windows
  • Tilt-In Windows
  • Living Room
  • Oven or Range
  • Property Views

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Bathroom on Main Level
  • 2 Full Bathrooms

Basement

  • Walk-Out Basement
  • Laundry in Basement

Outdoor Features

  • Deck
  • Covered patio or porch
  • Outbuilding

Schools

  • Sugar Grove Elementary School
  • Marion Middle School
  • Marion Senior High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Propane
  • Gas Available
  • Electric Water Heater
  • Septic Tank
  • High Speed Internet

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 35

Home Details

Home Type

Single Family

Est. Annual Taxes

$522

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.93
  • Lot Size: .93
  • Road Surface Type: Paved
  • Directions: Exit 45 off I-81, right (South) onto Highway 16 for 8 miles, left on Slemp Creek Road for .5 mile, left on Cedar Springs Road, property on left.
  • Above Grade Finished Sq Ft: 1170
  • Architectural Style: Cottage
  • Carport Y N: No
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 1942
  • Kitchen Level: First
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Range/Oven, Refrigerator, Electric Water Heater
  • Has Basement: Walk-Out Access
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 780
  • Fireplace Features: Gas Log, Ventless
  • Fireplace: Yes
  • Flooring: Vinyl, Newer Floor Covering, Laminate
  • Interior Amenities: Newer Paint, High Speed Internet
  • Living Area: 1170
  • Window Features: Tilt Windows, Insulated Windows, No Window Treatments
  • Living Room Living Room Level: First
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom3 Level: Second
  • Bathroom 2 Level: Second
  • Room Bedroom2 Level: First
  • Bathroom Level: First

Exterior Features

  • Fencing: Chain Link
  • Lot Features: Views, Cleared
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Vinyl Siding, Dry Wall
  • Exterior Features: Garden, Mature Trees
  • Foundation Details: Block
  • Other Structures: Outbuilding
  • Patio And Porch Features: Porch Covered, Open Deck
  • Property Condition: Exterior Condition: Good, Interior Condition: Fair
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: None

Utilities

  • Laundry Features: In Basement
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Propane
  • Water Source: Public
  • Gas Company: Installed

Condo/Co-op/Association

  • Association: No

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Sugar Grove
  • High School: Marion Senior
  • Middle Or Junior School: Marion

Lot Info

  • Lot Size Sq Ft: 40510.8
  • Zoning: A/R
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 522.44
  • Tax Lot: 35
  • Tax Map Number: 71 A 35
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 10, 2024
Sold by
Hendrickson Edward L and Hendrickson Lois S
Bought by
Armstrong Logan
Current Estimated Value
$182,931

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,500
Outstanding Balance
$190,062
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
-$7,733

Purchase Details

Listed on
Nov 20, 2019
Closed on
Feb 18, 2020
Sold by
Hamm Wayne D and Hamm Teresa L
Bought by
Hendrickson Edward L and Hendrickson Lois S
Seller's Agent
Vickie Stamper
Appalachian Realty Co.
Buyer's Agent
Vickie Stamper
Appalachian Realty Co.
List Price
$49,500
Sold Price
$46,500
Premium/Discount to List
-$3,000
-6.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.38%

Purchase Details

Listed on
May 25, 2018
Closed on
Oct 4, 2018
Sold by
Trask Richard W and Trask Kathryn A
Bought by
Hamm Wayne D and Hamm Teresa L
Seller's Agent
Vickie Stamper
Appalachian Realty Co.
Buyer's Agent
Vickie Stamper
Appalachian Realty Co.
List Price
$44,900
Sold Price
$25,000
Premium/Discount to List
-$19,900
-44.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
56.78%
Original Mortgage
$22,500
Interest Rate
4.5%
Mortgage Type
Closed End Mortgage
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
Armstrong Logan $191,500 Blue Ridge Title
Hendrickson Edward L $46,500 Attorney
Hamm Wayne D $25,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Armstrong Logan $191,500
Previous Owner Hendrickson Edward L $75,000
Previous Owner Hamm Wayne D $22,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/19/2020 02/19/20 Sold $46,500 -6.1% $40 / Sq Ft
02/18/2020 02/18/20 Pending -- -- --
11/20/2019 11/20/19 For Sale $49,500 +98.0% $42 / Sq Ft
10/04/2018 10/04/18 Sold $25,000 -44.3% $21 / Sq Ft
09/07/2018 09/07/18 Pending -- -- --
05/25/2018 05/25/18 For Sale $44,900 -- $38 / 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
2024 $691 $117,100 $15,000 $102,100
2023 $582 $78,700 $12,500 $66,200
2022 $582 $78,700 $12,500 $66,200
2021 $582 $78,700 $12,500 $66,200
2020 $582 $78,700 $12,500 $66,200
2019 $522 $70,600 $12,500 $58,100
2018 $522 $70,600 $12,500 $58,100
2017 $522 $70,600 $12,500 $58,100
2016 $522 $70,600 $12,500 $58,100
2015 $522 $0 $0 $0
2014 $572 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwest Virginia Association of REALTORS®

MLS Number: 72201

APN: 71-A-35