NOT LISTED FOR SALE

583 Morewood Rd Hardy, VA 24101

Estimated Value: $344,000 - $519,000

3 Beds
2.5 Baths
1,695 Sq Ft
$264/Sq Ft Est. Value

Last Sold September 21, 2021

Last sale price $334,550 $197 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $2,568/month

75 Days on Market

Highlights

  • Under Construction
  • Cathedral Ceiling
  • Front Porch
  • Ranch Style House
  • No HOA
  • 2 Car Attached Garage

About This Home

As of September 2021

New construction at The Back Nine at Westlake, within minutes of all that beautiful Smith Mountain Lake has to offer including restaurants, shopping, golf courses, marinas and more. Stylish, easy living: 3 bedrooms, 2.5 baths and a 2-car attached garage. Light and bright one level living. Airy floor plan featuring vaulted ceilings, gleaming hardwood floors, granite counter tops, stainless steel appliances and a beautiful stone fireplace with gas logs. No construction loan needed. Completion date August 2021.

Last Agent to Sell the Property

Kathryn Pignatella

FIRST CHOICE REAL ESTATE LLC - HARDY License #0225236405 Listed on: 05/28/2021

Co-Listed By

Thomas Fellers

MKB, REALTORS(r) License #0225188535

Last Buyer's Agent

Roxanne Roberts

CENTURY 21 ALL-SERVICE License #0225089602

CENTURY 21 ALL-SERVICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,012

Year Built

  • Built in 2021 | Under Construction

Lot Details

  • 0.62 Acre Lot
  • Property fronts a private road
  • Level Lot
  • Cleared Lot

Home Design

  • Ranch Style House
  • Slab Foundation
  • Stone Siding

Interior Spaces

  • 1,695 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Sliding Doors
  • Living Room with Fireplace
  • Laundry on main level

Kitchen

  • Electric Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Off-Street Parking

Outdoor Features

  • Patio
  • Front Porch

Schools

  • Closed -Burnt Chimney Elementary School
  • Ben Franklin Middle School
  • Franklin County High School

Utilities

  • Heat Pump System
  • Underground Utilities
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 5

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,012

Year Built

Built in 2021 | Under Construction

Lot Details

0

Listing Details

  • Interior Features: Cathedral Ceiling, Ceiling Fan, Gas Log Fireplace, Walk-in-Closet
  • Heating System: Heat Pump Electric
  • Fireplace(s): Living Room
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Slab
  • Major Appliances: Dishwasher, Disposer, Garage Door Opener, Microwave Oven (Built In), Range Electric, Refrigerator
  • Cooling System: Heat Pump Electric
  • Outside Features: Patio, Paved Driveway
  • BedroomsBREntryLevel: 3
  • EntryAboveGrdFin Sq Ft: 1695.00
  • ExteriorDoors: Fiberglass, Sliding
  • Fireplace Number Fireplaces: 1
  • FullBathsFullBathsEntryLvl: 2
  • Grand Total Attached S Q F T: 1695
  • HalfBathsHalfBathsEntryLvl: 1
  • Internet Access: Cable
  • InternetAccessCurntInternetProv: Century Link
  • LaundryLaundryEntryLevel: 1
  • Major Area: 04 - Franklin County
  • MasterBedroomsMasterBREntryLvl: 1
  • NumberPrimCovSpaces: 2.00
  • Hoa2 Or Poa: No
  • Primary Covered Parking S Q F T: 560
  • PrimCoveredPrking: Garage Attached
  • RatifiedContractDt: 2021-08-11
  • Residential Type: Detached
  • Style Of House: 1 Story, Ranch
  • Total Above Grd Fin S Q F T: 1695
  • TotalBdrm: 3
  • TotalBths: 2.10
  • TotalCovdPrkSpc: 2.00
  • TotalFBaths: 2
  • Total Finished Sq Ft: 1695.00
  • TotalHBaths: 1
  • Uncovered Parking: Off Street Parking
  • Water Class: N/A
  • Water Htr Energy: Electric
  • YardSign: Yes
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement YN: No

Exterior Features

  • Porch: Front Porch

Utilities

  • Sewer Description: Private Septic
  • Water Description: Public Water
  • Water Heater Type: Tank

Association/Amenities

  • Misc Features: New Construction, Private Road, Underground Util

Schools

  • Elementary School: Closed -Burnt Chimney
  • Middle School: Ben Franklin Middle
  • High School: Franklin County

Lot Info

  • Lot Description: Cleared, Level Lot
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.62
  • Lot: 5

Building Info

  • Year Built: 2021

Tax Info

  • Taxes (6 mo): 2012.00
  • FILLTAXID: 0151700500

MLS Schools

  • Elementary School: Closed -Burnt Chimney
  • HighSchool: Franklin County
  • Middle School: Ben Franklin Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2021
Closed on
Aug 25, 2021
Sold by
Frye Construction Llc
Bought by
Hutchinson Richard and Hutchinson Grace
Seller's Agent
Kathryn Pignatella
FIRST CHOICE REAL ESTATE LLC - HARDY
Buyer's Agent
Roxanne Roberts
CENTURY 21 ALL-SERVICE
List Price
$329,000
Sold Price
$334,550
Premium/Discount to List
$5,550
1.69%
Current Estimated Value
$447,828

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,278
Avg. Annual Appreciation
7.78%
Original Mortgage
$265,700
Outstanding Balance
$242,294
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$205,534
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
Hutchinson Richard $334,550 Old Republic National Title
Hutchinson Richard $334,550 Old Republic National Title
Hutchinson Richard $334,550 Old Republic National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hutchinson Richard $265,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/21/2021 09/21/21 Sold $334,550 +1.7% $197 / Sq Ft
08/11/2021 08/11/21 Pending -- -- --
05/28/2021 05/28/21 For Sale $329,000 -- $194 / 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
2024 $1,392 $323,800 $50,000 $273,800
2023 $1,423 $233,300 $25,000 $208,300
2022 $1,423 $233,300 $25,000 $208,300
2021 $0 $20,000 $20,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 880324

Roanoke Valley Association of REALTORS®

APN: 0151700500