NOT LISTED FOR SALE

5981 Mount Cross Rd Danville, VA 24540

Estimated Value: $56,000 - $165,000

1 Bed
1.5 Baths
780 Sq Ft
$147/Sq Ft Est. Value

Last Sold January 30, 2014

Last sale price $40,000 $51 Per Sq Ft

Est. 189% increase in value since last sale

Current estimated payment $682/month

35 Days on Market

Highlights

  • Porch
  • Bungalow
  • Forced Air Heating and Cooling System
  • Stony Mill Elementary School Rated A-
  • 1-Story Property
  • Wood Siding

About This Home

As of January 2014

This is a Fannie Mae HomePath property. Purchse this property for as little as 3% down! This property is approved for HomePath and HomePath Renovation Financing - buyer and agents verify all information most from public records - schools may be different

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $267

Year Built

  • Built in 1988

Lot Details

  • 0.81 Acre Lot
  • Property is zoned R 1

Parking

  • No Garage

Home Design

  • Bungalow
  • Composition Roof
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 780 Sq Ft Home
  • 1-Story Property
  • Crawl Space
  • Laundry on main level

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom

Outdoor Features

  • Porch

Schools

  • Twin Springs Elementary School
  • Brosville Middle School
  • Tunstall High School

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Septic Tank

Home Details

Home Type

Single Family

Est. Annual Taxes

$267

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.81
  • Road Frontage Type: Road Frontage
  • Road Surface Type: Paved
  • Subdivision Name: No Subdivision
  • Directions: Riverside Dr to Mt Cross Rd
  • Above Grade Finished Sq Ft: 780
  • Architectural Style: Bungalow
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Year Built: 1988
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Electric Range
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Wall/Wall Carpet, Vinyl
  • Interior Amenities: 1st Floor Bedroom
  • Living Area: 780

Exterior Features

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

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage, No Carport

Utilities

  • Laundry Features: 1st Floor Laundry
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Electric, Forced Air
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Well

Schools

  • Elementary School: Twin Springs
  • High School: Tunstall
  • Middle Or Junior School: Brosville

Lot Info

  • Lot Size Sq Ft: 35283.6
  • Zoning: R 1
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 267

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 25, 2013
Closed on
Jan 28, 2014
Sold by
Federal National Mortgage Association
Bought by
Stegall Mark
List Price
$40,000
Sold Price
$40,000
Current Estimated Value
$115,785

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,785
Avg. Annual Appreciation
10.82%
Original Mortgage
$36,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 26, 2013
Sold by
Samuel I White Pc Sub Tr
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Sep 30, 2010
Sold by
Guldin Michael W and Guldin Patty L
Bought by
Gauldin Michael W
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Stegall Mark $40,000 --
Federal National Mortgage Association $47,260 --
Gauldin Michael W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stegall Mark $63,000
Closed Gauldin Michael W $36,000
Previous Owner Gauldin Michael W $44,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/30/2014 01/30/14 Sold $40,000 0.0% $51 / Sq Ft
12/31/2013 12/31/13 Pending -- -- --
11/25/2013 11/25/13 For Sale $40,000 -- $51 / 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 $505 $90,200 $10,000 $80,200
2023 $505 $90,200 $10,000 $80,200
2022 $450 $53,200 $10,000 $43,200
2021 $330 $53,200 $10,000 $43,200
2020 $330 $53,200 $10,000 $43,200
2019 $330 $53,200 $10,000 $43,200
2018 $330 $53,200 $10,000 $43,200
2017 $303 $53,200 $10,000 $43,200
2016 $303 $51,300 $10,000 $41,300
2015 $303 $51,300 $10,000 $41,300
2011 -- $46,700 $10,000 $36,700
Source: Public Records

Map

Source: Dan River Region Association of REALTORS®

MLS Number: 50472

APN: 1399-15-0478