NOT LISTED FOR SALE

921 Cedar Gate Rd Monroe, VA 24574

Estimated Value: $150,000 - $224,000

2 Beds
1 Bath
1,120 Sq Ft
$168/Sq Ft Est. Value

Last Sold April 13, 2022

Last sale price $125,000 $112 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $1,047/month

6 Days on Market

Highlights

  • Ranch Style House
  • Garden
  • Ceiling Fan
  • Laundry Room
  • Forced Air Heating System
  • Vinyl Flooring

About This Home

As of April 2022

Great Starter Home or Rental Property. This 2 bedroom 1 bath ranch style home is on a large .91 acre lot. Recently renovated the home has a new roof and new propane-gas furnace. Kitchen includes beautiful cabinets & backsplash, gas stove, refrigerator, and built-in microwave. It's ready and waiting for you to move in. Owner/Agent

Last Listed By

Kenneth Mann

DeWitt Real Estate & Auctions License #0225257040 Listed on: 02/14/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $482

Year Built

  • Built in 1961

Lot Details

  • 0.91 Acre Lot
  • Garden
  • Property is zoned A-1

Home Design

  • Ranch Style House
  • Shingle Roof

Interior Spaces

  • 1,120 Sq Ft Home
  • Ceiling Fan
  • Crawl Space
  • Scuttle Attic Hole

Kitchen

  • Gas Range
  • Microwave

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Schools

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

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Well
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 123B51C

Home Details

Home Type

Single Family

Est. Annual Taxes

$482

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Directions: From Lynchburg take business 29 North, turn left onto State Rte. 657 (Cedar Gate Rd.) Go 2.1 miles, house on left.
  • Lot Measurement: Acres
  • Lot Sq Ft: 39640.00
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 123B51C
  • Year Built: 1961
  • Heating System: Forced Warm Air-Gas
  • Building Stories: One
  • Dwelling Styles: Ranch
  • Laundryroom Dim: 10.000 x 8.000
  • Laundryroom Len: 10.000
  • Living Room Dim: 16.000 x 12.000
  • Livingroom Len: 16.000
  • Livingroom Wid: 12.000
  • Masterbedroom Area: 144.000000
  • Master Bedroom Dim: 12.000 x 12.000
  • Masterbedroom Len: 12.000
  • Masterbedroom Wid: 12.000
  • Office Dim: 0.000 x 0.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 1.00
  • Bathrooms Display: 1 (1 0)
  • Lower Floor 1 Bedrooms: 2
  • Broker Approved: Yes
  • Legal Description: Near Bethany Church
  • Reciprocal Listing: No
  • Second Bedroom: 12x12 Level: Level 1 Above Grade
  • Second Bedroom Area: 144.000000
  • Above Grade Finished Sq Ft: 1120.00
  • ApplianceConvey: Microwave, Range-Gas, Refrigerator
  • Has Attic: Scuttle
  • Has Basement: Crawl Space
  • Flooring: Laminate, Vinyl
  • Year Built Exception: 0
  • Formal Dining: 10x12 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 1
  • Interior Amenities: Ceiling Fan(s)
  • Dining Kitchen: 14x10 Level: Level 1 Above Grade
  • Laundry: Dryer Connection, Laundry Room, Washer Connections
  • Laundry Room: 10x8 Level: Level 1 Above Grade
  • Living Room: 16x12 Level: Level 1 Above Grade
  • Master Bedroom: 12x12 Level: Level 1 Above Grade
  • Porch: 14x8 Level: Level 1 Above Grade
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 140.000000
  • Laundry Room Area: 80.000000
  • LivingRoom Area: 192.000000
  • Est Other Room1 Dim: 0.000 x 0.000
  • 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

Garage/Parking

  • Garage Dim: 0.000 x 0.000

Utilities

  • Utility Electric: AEP/Appalachian Powr
  • Air Conditioner: Window Unit(s)
  • 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: Amherst Midl
  • High School: Amherst High
  • Elementary School: Elon Elem
  • High School: Amherst High
  • Middle School: Amherst Midl
  • School District: Amherst

Lot Info

  • Lot Sq Ft: 1120.00
  • Zoning: A-1

Tax Info

  • Estimated Taxes: 482

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2022
Closed on
Mar 30, 2022
Sold by
Mann Enterprise Llc
Bought by
Stursberg Joseph L and Stursberg Cassandra L
Seller's Agent
Kenneth Mann
DeWitt Real Estate & Auctions
Buyer's Agent
Erik Amy
Key to Your Heart Realty
List Price
$119,900
Sold Price
$125,000
Premium/Discount to List
$5,100
4.25%
Total Days on Market
6
Current Estimated Value
$188,572

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,572
Avg. Annual Appreciation
14.33%
Original Mortgage
$126,262
Outstanding Balance
$119,781
Interest Rate
4.42%
Mortgage Type
New Conventional
Estimated Equity
$68,791

Purchase Details

Closed on
Aug 20, 2021
Sold by
Scott Sarah K and Anderson Gracie K
Bought by
Mann Enterprises Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
2.38%
Mortgage Type
Purchase Money Mortgage

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
Stursberg Joseph L $125,000 Blue Ridge Title
Mann Enterprises Llc $40,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stursberg Joseph L $126,262
Previous Owner Mann Enterprises Llc $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/13/2022 04/13/22 Sold $125,000 +4.3% $112 / Sq Ft
02/20/2022 02/20/22 Pending -- -- --
02/14/2022 02/14/22 For Sale $119,900 -- $107 / 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 $555 $91,000 $25,000 $66,000
2024 $555 $91,000 $25,000 $66,000
2023 $555 $91,000 $25,000 $66,000
2022 $555 $79,000 $25,000 $54,000
2021 $482 $79,000 $25,000 $54,000
2020 $482 $79,000 $25,000 $54,000
2019 $491 $80,500 $31,000 $49,500
2018 $491 $80,500 $31,000 $49,500
2017 $190 $80,500 $31,000 $49,500
2016 $491 $80,500 $31,000 $49,500
2015 $225 $80,500 $31,000 $49,500
2014 $174 $80,500 $31,000 $49,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 336459

APN: 123B-5-1C