NOT LISTED FOR SALE

640 Olive Branch Rd Prospect, VA 23960

Prospect Neighborhood

Estimated Value: $373,000 - $752,000

5 Beds
3.5 Baths
3,870 Sq Ft
$153/Sq Ft Est. Value

Last Sold December 30, 2020

Last sale price $499,900 $129 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $3,351/month

Highlights

  • Home fronts a creek
  • Deck
  • Screened Porch
  • 3.42 Acre Lot
  • Main Floor Primary Bedroom
  • 2 Car Attached Garage

About This Home

As of December 2020

Beautiful custom built home on a tucked away private location! Home welcomes you with a nice foyer entrance into a separate dining room and family room area with fireplace and built in bookcases/shelves. The kitchen is a chef's dream. Large island with so much cabinet space. Appliances are very high end and also includes an ice maker, wine cooler, and 2 sub zero refrigerator doors. Eat in kitchen space, main level laundry room, and luxury master suite with beautiful walk in shower. Closet space is ample throughout the home. Two separate staircases that will lead you upstairs to 2 additional bedrooms and 2 full baths and a huge rec room perfect for movie nights with a large screen TV. Basement has endless possibilities with a craft room already finished, rough in for a bath and tons of space. Come outside and enjoy a huge deck, a hot tub, a pergola with a fireplace, a detached garage, a detached shed and a guest cottage. Lots of room to roam outside and enjoy the creek on the property.

Last Agent to Sell the Property

Kevin Turner

Century 21 All-Service Brokerage Phone: 4343522318 License #0225019642 Listed on: 12/30/2020

Century 21 All-Service

Last Buyer's Agent

Navona Hart

Century 21 Realty @ Home License #0225034906

Century 21 Realty @ Home

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,336

Year Built

  • Built in 2007

Lot Details

  • 3.42 Acre Lot
  • Home fronts a creek

Parking

  • 2 Car Attached Garage
  • Open Parking

Home Design

  • Brick Veneer
  • Brick Foundation
  • Composition Roof
  • Stick Built Home
  • Cement Board or Planked

Interior Spaces

  • 3,870 Sq Ft Home
  • 2-Story Property
  • Gas Log Fireplace
  • Screened Porch
  • Basement Fills Entire Space Under The House
  • Home Security System

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

  • Heat Pump System
  • Well
  • Electric Water Heater
  • Septic Tank

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,336

Year Built

Built in 2007

Lot Details

0

Parking

2

Listing Details

  • Attribution Contact: 4343522318
  • Directions: From Appomattox take 460 East, L on Hixburg, R on Olive Branch to home on right.
  • Prop. Type: Residential
  • Year Built: 2007
  • Property Sub Type: Residential
  • Lot Size Acres: 3.42
  • Subdivision Name: None
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Building Stories: 2
  • Structure Type: Stick Built
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Washer, Range/Oven, Dryer, Refrigerator, Electric Water Heater
  • Has Basement: Full
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Gas Log
  • Fireplace: Yes
  • Living Area: 3870
  • Room Bedroom2 Level: Second
  • Room Bedroom4 Area: 364
  • Room Bedroom4 Level: Second
  • Room Bedroom3 Area: 182
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom2 Area: 256
  • Room Bedroom3 Level: Second
  • Master Bedroom Master Bedroom Width: 21
  • Room Master Bedroom Area: 336

Exterior Features

  • Roof: Composition
  • Lot Features: Acreage Range (2.5 to 4.99)
  • Waterfront Features: Creek
  • Home Warranty: No
  • Construction Type: Cement Plank, Brick Veneer
  • Foundation Details: Brick/Mortar
  • Patio And Porch Features: Screened, Deck

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Asphalt, 2 Car Garage, Attached, Detached
  • Total Parking Spaces: 2

Utilities

  • Sewer: Septic Tank
  • Heating: Heat Pump
  • Laundry Features: Washer/Dryer Hookup
  • Security: Security System
  • Heating Yn: Yes
  • Water Source: Well

Lot Info

  • Lot Size Sq Ft: 148975.2
  • Farm Land Area Units: Square Feet
  • ResoLotSizeUnits: Acres

Green Features

Multi Family

  • Above Grade Finished Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 22, 2022
Sold by
Alfredo Ferrer
Bought by
Alfredo Ferrer Revocable Trust
Current Estimated Value
$592,341

Purchase Details

Closed on
Aug 18, 2022
Sold by
Ryan Ferrer
Bought by
Ferrer Alfredo

Purchase Details

Listed on
Dec 30, 2020
Closed on
Dec 30, 2020
Sold by
Ferrer Alfredo
Bought by
Ferrer Alfredo and Ferer Ryan
Seller's Agent
Kevin Turner
Century 21 All-Service
Buyer's Agent
Navona Hart
Century 21 Realty @ Home
Sold Price
$499,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.21%

Purchase Details

Listed on
Jan 31, 2019
Closed on
Jan 11, 2019
Sold by
Dalton Andrew J and Dalton Michelle L
Bought by
Smith Andrew P and Smith Andrea L
Seller's Agent
Navona Hart
Century 21 Realty @ Home
Buyer's Agent
Non Member Agent
Non Member Office
Sold Price
$458,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.66%
Original Mortgage
$473,114
Interest Rate
4.6%
Mortgage Type
VA
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
Alfredo Ferrer Revocable Trust -- Harian L Horton Pc
Ferrer Alfredo -- Harlan L Horton Pc
Ferrer Alfredo -- None Available
Smith Andrew P $458,000 Absolute Title & Settlement
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith Andrew P $473,114
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2020 12/30/20 Sold $499,900 +9.1% $129 / Sq Ft
01/31/2019 01/31/19 Sold $458,000 -- $109 / Sq Ft
Source: South Central 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 $2,336 $458,100 $22,800 $435,300
2023 $2,199 $458,100 $22,800 $435,300
2022 $2,199 $458,100 $22,800 $435,300
2021 $2,175 $453,100 $22,800 $430,300
2020 $1,960 $384,400 $20,800 $363,600
2019 $1,960 $384,400 $20,800 $363,600
2018 $1,960 $384,400 $20,800 $363,600
2017 $1,960 $384,400 $20,800 $363,600
2016 $1,960 $384,400 $20,800 $363,600
2015 $1,884 $384,400 $20,800 $363,600
2014 $2,220 $472,400 $20,800 $451,600
2013 $1,984 $472,400 $20,800 $451,600
Source: Public Records

Agents Affiliated with this Home

  • Kevin Turner

    Seller's Agent in 2020

    Kevin Turner

    Century 21 All-Service

    (434) 665-7575

    1 in this area

    142 Total Sales

    Kevin Turner
    Section Image
  • Navona Hart

    Buyer's Agent in 2020

    Navona Hart

    Century 21 Realty @ Home

    (434) 390-4004

    17 in this area

    400 Total Sales

    Navona Hart
    Section Image

  • N

    Buyer's Agent in 2019

    Non Member Agent

    Non Member Office

See All Agents

Map

Source: South Central Association of REALTORS®

MLS Number: 46308

South Central Association of REALTORS®

APN: 017-6-1

Virginia Prince Edward County Prospect 23960 Prospect

640 Olive Branch Rd, Prospect, VA

This home is located at 640 Olive Branch Rd, Prospect, VA 23960 since 30 December 2020 and is currently estimated at $592,341, approximately $153 per square foot. This property was built in 2007. 640 Olive Branch Rd is a home located in Prince Edward County with nearby schools including Prince Edward Elementary School, Prince Edward Middle School, and Prince Edward County High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

South Central Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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