NOT LISTED FOR SALE

975 Commerce St Stuart, VA 24171

Estimated Value: $253,000

4 Beds
1 Bath
1,400 Sq Ft
$181/Sq Ft Est. Value

Last Sold August 23, 2024

Last sale price $263,000 $188 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $1,466/month

89 Days on Market

Highlights

  • River Front
  • Wood Flooring
  • Separate Outdoor Workshop
  • 1,197,900 Sq Ft lot
  • Main Floor Bedroom
  • Window Unit Cooling System

About This Home

As of August 2024

This 27.5 acre property located in Patrick County, VA (975 Commerce St, Stuart, VA 24171) has been used for raising livestock until recently. Several newly fenced areas with barns/pole barns, including approximately 10 acres of pasture with high tensile electric wire. Approximately 5 acres of unfenced field adjacent to the large pasture that could easily be incorporated with the 10 acres. Smaller areas (approximately 2-3 acres each) have combinations of field fencing, cattle panels and barbed wire. These areas have been secured for cattle, pigs, and goats. Additional features of this property include: an 80' x 55' commercial grade workshop, approximately 2,000 feet of frontage on the Mayo River, several buildings/storage areas, and a new well in 2022. Old dairy barn has lots of potential to be repurposed. The home is a traditional 1400 Sq Ft farmhouse. Main floor has 2 bedrooms, a large kitchen, living room and a bathroom. Upstairs has 2 additional bedrooms. Full basement with washer/dryer and a wood stove (in addition to fuel oil heating system). 2 car detached garage. Located on the town boundary of Stuart, VA. 20 minutes to Blue Ridge Parkway. 30 minutes to Martinsville, VA. 30 minutes to Floyd, VA. 30 minutes to Mt. Airy, NC. 1 hour to Winston Salem, NC. Note: 13 acres on the opposite side of the Mayo River is available - if you wanted additional land. Call listing agent for additional information. Shown by appointment only.

Last Agent to Sell the Property

Johnny Lambert

United Country-Lambert Realty Brokerage Phone: 2766942646 License #0225050114 Listed on: 05/21/2024

Last Buyer's Agent

Stephen Henderson

EDD MARTIN AND ASSOCIATES REAL ESTATE License #0225235600

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1945

Lot Details

  • 27.5 Acre Lot
  • River Front
  • Level Lot
  • Open Lot

Home Design

  • Poured Concrete
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,400 Sq Ft Home
  • Unfinished Basement
  • Walk-Out Basement
  • Electric Range

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom

Parking

  • Gravel Driveway
  • Open Parking

Outdoor Features

  • Separate Outdoor Workshop
  • Outbuilding

Farming

  • Equipment Barn
  • Pasture

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Vented Exhaust Fan
  • Well
  • Electric Water Heater
  • Private Sewer

Community Details

  • Stuart Subdivision

Home Details

Home Type

Single Family

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Subdivision Name: Stuart
  • Carport Y N: No
  • Garage Yn: No
  • Year Built: 1945
  • Attribution Contact: 2766942646
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, Electric Range, Refrigerator, Exhaust Fan
  • Other Equipment: No Farm Equipment
  • Has Basement: Unfinished, Walk-Out Access
  • Full Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: None, Electric, Oil
  • Fireplace: No
  • Flooring: Carpet, Vinyl, Wood
  • Interior Amenities: 1st Floor Bedroom
  • Living Area: 1400

Exterior Features

  • Lot Features: Level, Open Lot, Pasture
  • Waterfront Features: River
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Foundation Details: Poured
  • Other Structures: Outbuilding, Barn(s), Equipment Shed, Workshop
  • Roof: Composition

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: None, Gravel Drive

Utilities

  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Forced Air
  • Heating Yn: Yes
  • Sewer: Private Sewer
  • Utilities: Utilities On
  • Water Source: Well

Lot Info

  • Lot Size Sq Ft: 1197900
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2024
Closed on
Aug 21, 2024
Sold by
Buchanan Jeremy James and Buchanan Angela Marie
Bought by
Cummings Todd B
Seller's Agent
Johnny Lambert
United Country-Lambert Realty
Buyer's Agent
Stephen Henderson
EDD MARTIN AND ASSOCIATES REAL ESTATE
List Price
$399,000
Sold Price
$263,000
Premium/Discount to List
-$136,000
-34.09%
Views
110
Current Estimated Value
$253,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,000
Avg. Annual Appreciation
-2.85%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Cummings Todd B $263,000 Appalachian Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/23/2024 08/23/24 Sold $263,000 -12.2% $188 / Sq Ft
08/19/2024 08/19/24 Pending -- -- --
07/19/2024 07/19/24 Price Changed $299,500 -20.1% $214 / Sq Ft
06/26/2024 06/26/24 Price Changed $375,000 -6.0% $268 / Sq Ft
05/21/2024 05/21/24 For Sale $399,000 +106.7% $285 / Sq Ft
06/11/2021 06/11/21 Sold $193,000 -73.2% $138 / Sq Ft View Prior Sale
04/30/2021 04/30/21 Sold $720,000 +260.0% -- View Prior Sale
04/26/2021 04/26/21 Pending -- -- --
03/22/2021 03/22/21 For Sale $200,000 -79.1% $143 / Sq Ft
11/05/2019 11/05/19 Pending -- -- --
06/29/2017 06/29/17 For Sale $955,000 -- --
Source: Martinsville, Henry & Patrick Counties 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 $1,680 $230,100 $168,500 $61,600
2024 $1,680 $230,100 $168,500 $61,600
2023 $1,680 $230,100 $168,500 $61,600
2022 $1,680 $230,100 $168,500 $61,600
2021 $2,200 $323,500 $168,500 $155,000
2020 $1,554 $228,500 $168,500 $60,000
2019 $1,554 $228,500 $168,500 $60,000
2018 $1,302 $228,500 $168,500 $60,000
2017 -- $228,500 $168,500 $60,000
2016 $1,302 $228,500 $168,500 $60,000
2015 -- $218,500 $158,500 $60,000
2014 -- $226,400 $161,100 $65,300
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2024

    Johnny Lambert

    United Country-Lambert Realty

    (276) 694-2646

    203 Total Sales

    Johnny Lambert
    Section Image

  • S

    Buyer's Agent in 2024

    Stephen Henderson

    EDD MARTIN AND ASSOCIATES REAL ESTATE

    (276) 694-5002

    81 Total Sales

    Stephen Henderson
    Section Image

  • N

    Buyer's Agent in 2021

    Non Member Non Member

    Non Member Office

See All Agents

Map

Source: Martinsville, Henry & Patrick Counties Association of REALTORS®

MLS Number: 141550

APN: 48110086

Virginia Patrick County Stuart 24171

975 Commerce St, Stuart, VA

Not Listed for Sale

Detached

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