NOT LISTED FOR SALE

7033 L P Bailey Memorial Hwy Halifax, VA 24558

Estimated Value: $169,000 - $178,000

4 Beds
2 Baths
1,560 Sq Ft
$112/Sq Ft Est. Value

Last Sold September 09, 2020

Last sale price $130,000 $83 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $972/month

19 Days on Market

Highlights

  • Countryside Views
  • Traditional Architecture
  • No HOA
  • Deck
  • Wood Flooring
  • Screened Porch

About This Home

As of September 2020

Start your best country life with this 1.08 acre property! Work in Lynchburg? South Boston? Halifax? Roxboro? Conveniently located! The house has 4 bedrooms, 2 baths, large kitchen, screen porch and a nice size deck. There are 2 bedrooms on the second floor and two with a possible third on the first floor. A spacious enclosed porch has a pantry and can function as the perfect mud room with the washer and dryer hookups located there. When you aren't giving the house TLC there is a space for a garden you just might want to create! The detached two car garage is 25 x 40, wired 220 can be used as a workshop as well and is fully insulated. A second shop is 20 x 20 is also wired 220. This property has so much potential. Mecklenburg Electric is the electric service provider. Heat pump is only 3 years old.

Last Agent to Sell the Property

Scotty Felton

Long and Foster - South Boston License #0225041103 Listed on: 07/21/2020

Long and Foster  - South Boston

Co-Listed By

Jason Clark

Long and Foster - South Boston License #0225219243

Last Buyer's Agent

Karin Kuhn

Coldwell Banker Advantage - Clarksville License #0225166599

Coldwell Banker Advantage - Clarksville

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $634

Year Built

  • Built in 1962

Lot Details

  • 1.08 Acre Lot
  • Property is zoned A!

Parking

  • 2 Car Detached Garage
  • Gravel Driveway
  • Open Parking

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 1,560 Sq Ft Home
  • Screened Porch
  • Countryside Views
  • Crawl Space
  • Electric Range
  • Washer and Electric Dryer Hookup

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck

Schools

  • Sydnor Jennings Elementary School
  • Halifax County Middle School
  • Halifax County High School

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 22681 & 22682

Home Details

Home Type

Single Family

Est. Annual Taxes

$634

Year Built

Built in 1962

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.08
  • Co List Office Mls Id: 74
  • Co List Office Phone: 434-575-1100
  • Directions: From Halifax, turn left onto LP Bailey Memorial Hwy. 501N for approx. 6.14 miles PRN 22689, 22682
  • Above Grade Finished Sq Ft: 1560
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • Structure Type: Site Built
  • Year Built: 1962
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, Electric Range, Refrigerator
  • Has Basement: None, Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Hardwood
  • Interior Amenities: 1st Floor Bedroom
  • Living Area: 1560

Exterior Features

  • Lot Features: 1-2 Acres
  • View: Country
  • View: Yes
  • Waterfront Features: N/A - Not Waterfront
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Patio And Porch Features: Covered, Back, Enclosed, Deck, Screened
  • Roof: 6-10

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Garage-Double Detached, Gravel
  • Total Parking Spaces: 2

Utilities

  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Security: Surveillance Cameras: Unknown
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Sydnor Jennings Elementary
  • High School: Halifax County High
  • Middle Or Junior School: Halifax County Middle

Lot Info

  • Lot Size Sq Ft: 47044.8
  • Parcel #: 22681 & 22682
  • Zoning: A!
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2015
Closed on
Mar 25, 2016
Sold by
Short Jerry Thomas
Bought by
Mcewen Scott
Seller's Agent
Sharon Wilborn
Realty Resource LLC
Buyer's Agent
Scotty Felton
Long and Foster - South Boston
List Price
$131,000
Sold Price
$127,000
Premium/Discount to List
-$4,000
-3.05%
Current Estimated Value
$175,350

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,350
Avg. Annual Appreciation
3.44%
Original Mortgage
$132,133
Outstanding Balance
$104,548
Interest Rate
3.64%
Mortgage Type
FHA
Estimated Equity
$70,802
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
Mcewen Scott $127,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcewen Scott $132,133
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/08/2020 12/08/20 Off Market $130,000 -- --
09/09/2020 09/09/20 Sold $130,000 0.0% $83 / Sq Ft
08/10/2020 08/10/20 Pending -- -- --
07/21/2020 07/21/20 For Sale $130,000 +2.4% $83 / Sq Ft
07/17/2016 07/17/16 Off Market $127,000 -- --
04/15/2016 04/15/16 Sold $127,000 -3.1% $81 / Sq Ft View Prior Sale
03/16/2016 03/16/16 Pending -- -- --
11/17/2015 11/17/15 For Sale $131,000 -- $84 / Sq Ft
Source: Southern Piedmont Land & Lake 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 $634 $126,768 $9,300 $117,468
2024 $634 $126,768 $9,300 $117,468
2023 $605 $121,003 $9,300 $111,703
2022 $605 $121,003 $9,300 $111,703
2021 $612 $122,309 $9,300 $113,009
2020 $557 $111,459 $9,300 $102,159
2019 $564 $112,716 $9,310 $103,406
2018 $541 $112,716 $9,310 $103,406
2016 $366 $76,272 $9,300 $66,972
2015 $366 $76,272 $9,300 $66,972
2014 $351 $76,272 $9,300 $66,972
2013 $355 $78,862 $9,300 $69,562
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Piedmont Land & Lake Association of REALTORS®

MLS Number: 63696

APN: 22681