NOT LISTED FOR SALE

788 Minors Branch Rd Monroe, VA 24574

Estimated Value: $355,000 - $557,000

3 Beds
3 Baths
1,672 Sq Ft
$281/Sq Ft Est. Value

Last Sold June 13, 2023

Last sale price $525,000 $314 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $2,700/month

8 Days on Market

Highlights

  • Lake Front
  • Creek or Stream View
  • Ranch Style House
  • 1,717,092 Sq Ft lot
  • Secluded Lot
  • Wood Flooring

About This Home

As of June 2023

ESCAPE to the country on this lovely gentleman's farm! 39 Acres - mostly open with great views. Some fencing in place. Home was beautifully renovated with an impressive master ensuite, two additional bedrooms (one with private bath) Open floor plan allows maximum use of space. Generous covered porches on front and back plus open deck for grilling and entertaining. Two 24 X 36 barns, both with water and electric, one with concrete floor. 12 X 20 storage barn for feed. Large, spring fed stocked pond. Heat pump replaced 2021, roof 2020 with 50 year shingles, well pump 2022. Washer, drive and furnishings negotiable. Easy drive to Madison Heights, minutes to the Parkway or James River.

Last Agent to Sell the Property

Dee Parsons

BHHS Dawson Ford Garbee-Forest License #0225133318 Listed on: 03/16/2023

BHHS Dawson Ford Garbee-Forest

Last Buyer's Agent

Meredith Ford

OUT OF AREA BROKER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,900

Year Built

  • Built in 1998

Lot Details

  • 39.42 Acre Lot
  • Lake Front
  • Landscaped
  • Secluded Lot
  • Garden
  • Property is zoned A-1

Property Views

  • Creek or Stream
  • Mountain

Home Design

  • Ranch Style House
  • Shingle Roof

Interior Spaces

  • 1,672 Sq Ft Home
  • Ceiling Fan
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Gas Range
  • <<microwave>>

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 3 Full Bathrooms
  • Bathtub Includes Tile Surround

Laundry

  • Laundry Room
  • Laundry on main level

Attic

  • Attic Floors
  • Storage In Attic
  • Attic Access Panel
  • Pull Down Stairs to Attic

Outdoor Features

  • Pole Barn
  • Shed

Schools

  • Elon Elementary School
  • Monelison Midl Middle School
  • Amherst High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 104A14

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,900

Year Built

Built in 1998

Lot Details

0

Listing Details

  • FILLACRES: 39.4190
  • AssocFeeOptional: None
  • BuildingOnProperty: Barn, Pole Building, Tractor Shed
  • Directions: Route 130 West to Maple Creek Road (SRT 649), to left on Minors Branch, immediate right to #788 (no sign). Gravel drive takes you past pond to the barns and residence.
  • Internet Providers: Infinisky
  • Lot Measurement: Acres
  • Lot Sq Ft: 1717092.00
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 104A14
  • Year Built: 1998
  • Heating System: Heat Pump
  • Building Stories: One
  • Dwelling Styles: Ranch
  • Foyer Area: 78.000000
  • Laundryroom Dim: 6.000 x 4.000
  • Laundryroom Len: 6.000
  • Living Room Dim: 17.000 x 13.000
  • Livingroom Len: 17.000
  • Livingroom Wid: 13.000
  • Masterbedroom Area: 221.000000
  • Master Bedroom Dim: 13.000 x 17.000
  • Masterbedroom Len: 13.000
  • Masterbedroom Wid: 17.000
  • Office Dim: 0.000 x 0.000
  • Other Room1 Area: 276.000000
  • Other Room1 Len: 6.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 3.00
  • Bathrooms Display: 3 (3 0)
  • Lower Floor 1 Bedrooms: 3
  • Broker Approved: Yes
  • Legal Description: 26.680 Acres and 5.533 Acres plus 7.206 Acres total Minors Branch Estates
  • Reciprocal Listing: No
  • Second Bedroom: 11x13 Level: Level 1 Above Grade
  • Second Bedroom Area: 143.000000
  • Third Bedroom: 14x14 Level: Level 1 Above Grade
  • Third Bedroom Area: 196.000000
  • Above Grade Finished Sq Ft: 1672.00
  • ApplianceConvey: Microwave, Range-Gas, Refrigerator
  • Has Attic: Access, Floored, Pull Down, Storage Only
  • Has Basement: Crawl Space
  • Flooring: Carpet, Hardwood, Vinyl
  • Year Built Exception: 0
  • Deck: 13x28 Level: Level 1 Above Grade
  • Formal Dining: 13x14 Level: Level 1 Above Grade
  • Foyer: 6x13 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 3
  • Interior Amenities: Ceiling Fan(s), Drywall, Main Level Bedroom, Master Bed w/ Bath, Rods, Smoke Alarm, Tile Bath(s)
  • Dining Kitchen: 11x14 Level: Level 1 Above Grade
  • Laundry: Laundry Room, Main Level
  • Laundry Room: 6x4 Level: Level 1 Above Grade
  • Living Room: 17x13 Level: Level 1 Above Grade
  • Master Bedroom: 13x17 Level: Level 1 Above Grade
  • Other Room 1: 6x46 Level: Level 1 Above Grade
  • Porch: 13x15 Level: Level 1 Above Grade
  • Additional Room 1 Description: Front Porch
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 154.000000
  • Laundry Room Area: 24.000000
  • LivingRoom Area: 221.000000
  • Est Other Room1 Dim: 6.000 x 46.000
  • Est Other Room2 Dim: 0.000 x 0.000
  • Est Other Room3 Dim: 0.000 x 0.000
  • Rec Room Dim: 0.000 x 0.000
  • Sunroom Dim: 0.000 x 0.000

Exterior Features

  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: Garden Space, Landscaped, Secluded Lot, Undergrnd Utilities, Lake Front, Stream/Creek, Mountain Views

Garage/Parking

  • Garage Dim: 0.000 x 0.000

Utilities

  • Utility Electric: AEP/Appalachian Powr
  • Air Conditioner: Heat Pump
  • Sewer: Septic Tank
  • Hot Water: Well
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors

Schools

  • School District: Amherst
  • Elementary School: Elon Elem
  • Middle School: Monelison Midl
  • High School: Amherst High
  • Elementary School: Elon Elem
  • High School: Amherst High
  • Middle School: Monelison Midl
  • School District: Amherst

Lot Info

  • Lot Sq Ft: 1672.00
  • Zoning: A-1

Tax Info

  • Estimated Taxes: 1900

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2023
Closed on
May 3, 2023
Sold by
Reed Jeffrey L and Reed Pamela A
Bought by
Bundoff James M and Zurek Catherine J
Seller's Agent
Dee Parsons
BHHS Dawson Ford Garbee-Forest
Buyer's Agent
Meredith Ford
OUT OF AREA BROKER
List Price
$515,000
Sold Price
$525,000
Premium/Discount to List
$10,000
1.94%
Total Days on Market
8
Views
20
Current Estimated Value
$469,407

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$55,593
Avg. Annual Appreciation
2.82%
Original Mortgage
$494,000
Interest Rate
6.39%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 28, 2012
Closed on
Aug 23, 2013
Sold by
Snyder Gregory A
Bought by
Reed Jeffrey L and Reed Pamela A
Seller's Agent
Sandy Alderman
Alliance Realty Group
Buyer's Agent
Dee Parsons
BHHS Dawson Ford Garbee-Forest
List Price
$349,900
Sold Price
$275,000
Premium/Discount to List
-$74,900
-21.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.84%
Original Mortgage
$275,000
Interest Rate
4.34%
Mortgage Type
VA
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Bundoff James M $525,000 Old Republic National Title
Reed Jeffrey L $275,000 Old Republic National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zurek Catherine J $420,000
Closed Bundoff James M $494,000
Previous Owner Reed Jefferey L $292,500
Previous Owner Reed Jeffrey L $275,000
Previous Owner Snyder Gregory A $85,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2023 06/13/23 Sold $525,000 0.0% $314 / Sq Ft
03/24/2023 03/24/23 Pending -- -- --
03/20/2023 03/20/23 Off Market $525,000 -- --
03/16/2023 03/16/23 For Sale $515,000 +87.3% $308 / Sq Ft
09/03/2013 09/03/13 Sold $275,000 -21.4% $164 / Sq Ft
09/03/2013 09/03/13 Pending -- -- --
08/28/2012 08/28/12 For Sale $349,900 -- $209 / Sq Ft
Source: Lynchburg 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 $1,301 $213,300 $46,300 $167,000
2024 $1,301 $322,000 $155,000 $167,000
2023 $1,802 $295,400 $155,000 $140,400
2022 $1,802 $295,400 $155,000 $140,400
2021 $1,802 $295,400 $155,000 $140,400
2020 $1,802 $295,400 $155,000 $140,400
2019 $1,772 $290,500 $161,000 $129,500
2018 $1,772 $290,500 $161,000 $129,500
2017 $1,092 $287,700 $161,000 $126,700
2016 $1,755 $287,700 $161,000 $126,700
2015 $1,002 $287,700 $161,000 $126,700
2014 $1,002 $287,700 $161,000 $126,700
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Lynchburg Association of REALTORS®

MLS Number: 343049

APN: 104-A-14