$25,000
SOLD OCT 4, 2018

569 Cedar Springs Rd Sugar Grove, VA 24375

3 Beds
2 Baths
1,170 Sq Ft
0.93 Acres

Recently Sold

$21 Per Sq Ft

44% Below List Price

104 Days on Market

Highlights

  • Deck
  • No HOA
  • Covered Patio or Porch
  • Main Floor Primary Bedroom
  • Cottage
  • Cooling Available

About This Home

As of February 2020

Needs TLC! Good investment property with Section 8 renter in place. Hardwood flooring, large closet, thermo-pane tilt windows. Beautiful lot! Beautiful scenery and views in Cedar Springs. Sold "As is".

Last Agent to Sell the Property

Vickie Stamper

Appalachian Realty Co. License #0225024307 Listed on: 05/25/2018

Co-Listed By

Jennifer Archer

Appalachian Realty Co.

Last Buyer's Agent

Vickie Stamper

Appalachian Realty Co. License #0225024307 Listed on: 05/25/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $515

Year Built

  • Built in 1942

Lot Details

  • 0.93 Acre Lot
  • Cleared Lot
  • Property is in good condition
  • Property is zoned A/R

Home Design

  • Cottage
  • Block Foundation
  • Fire Rated Drywall
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,170 Sq Ft Home
  • 2-Story Property
  • Insulated Windows
  • Tilt-In Windows
  • Living Room
  • Property Views

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
  • Natural Gas Not 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

$515

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
  • Co List Office Mls Id: 9
  • Co List Office Phone: 276-783-5173
  • 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: Refrigerator, Electric Water Heater
  • Has Basement: Walk-Out Access
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 780
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: 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

  • Lot Features: Views, Cleared
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Vinyl Siding, Dry Wall
  • 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: Natural Gas Not Available
  • Water Source: Public

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: 515.38
  • Tax Lot: 35
  • Tax Map Number: 71 A 35
  • Tax Year: 2018

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
$176,720

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
$189,230
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
-$12,510

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
26.92%

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 Type Sale Price Title Company
Bargain Sale Deed $191,500 Blue Ridge Title
Bargain Sale Deed $191,500 Blue Ridge Title
Warranty Deed $46,500 Attorney
Warranty Deed $25,000 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $191,500 New Conventional
Closed $191,500 New Conventional
Previous Owner $22,500 Closed End Mortgage
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
2025 $691 $117,100 $15,000 $102,100
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: 64945

APN: 71-A-35