NOT LISTED FOR SALE

979 Cedar Gate Rd Monroe, VA 24574

Estimated Value: $154,596 - $249,000

3 Beds
1 Bath
960 Sq Ft
$190/Sq Ft Est. Value

Last Sold November 01, 2017

Last sale price $67,880 $71 Per Sq Ft

Est. 169% increase in value since last sale

Current estimated payment $985/month

76 Days on Market

Highlights

  • Ranch Style House
  • Laundry Room
  • Ceiling Fan
  • Storm Windows
  • Outdoor Storage
  • Electric Baseboard Heater

About This Home

As of November 2017

Great starter home or investment opportunity on a level, 1 acre lot. Outdoor shed for storage. All appliances convey, including deep freeze.

Last Agent to Sell the Property

Donald Byers

John Stewart Walker, Inc License #0225221628 Listed on: 08/16/2017

Last Buyer's Agent

Kelvin Brown

Elite Realty License #0225224018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $424

Year Built

  • Built in 1969

Lot Details

  • 1

Home Design

  • Ranch Style House
  • Shingle Roof

Interior Spaces

  • 960 Sq Ft Home
  • Ceiling Fan
  • Crawl Space
  • Scuttle Attic Hole
  • Electric Range

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Home Security

  • Storm Windows
  • Storm Doors

Schools

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

Utilities

  • Window Unit Cooling System
  • Electric Baseboard Heater
  • Well
  • Electric Water Heater
  • Septic Tank
  • High Speed Internet

Additional Features

  • Outdoor Storage
  • 1 Acre Lot

Home Details

Home Type

Single Family

Est. Annual Taxes

$424

Year Built

Built in 1969

Lot Details

0

Listing Details

  • FILLACRES: 1.0000
  • BuildingOnProperty: Storage Building
  • Directions: Rt. 29 N, left on Cedar Gate Rd.
  • Lot Measurement: Acres
  • Lot Sq Ft: 43560.00
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • Year Built: 1969
  • Heating System: Electric Baseboard, Hot Water-Elec
  • Building Stories: One
  • Dwelling Styles: Ranch
  • Laundryroom Dim: 6.000 x 8.000
  • Laundryroom Len: 6.000
  • Living Room Dim: 15.000 x 12.000
  • Livingroom Len: 15.000
  • Livingroom Wid: 12.000
  • Masterbedroom Area: 150.000000
  • Master Bedroom Dim: 15.000 x 10.000
  • Masterbedroom Len: 15.000
  • Masterbedroom Wid: 10.000
  • Office Dim: 0.000 x 0.000
  • Sun Room Len: 4.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 1.00
  • Bathrooms Display: 1 (1 0)
  • Lower Floor 1 Bedrooms: 3
  • Broker Approved: Yes
  • Legal Description: LOT 5A SIBIAKOFFSKY
  • Reciprocal Listing: No
  • Second Bedroom: 12x11 Level: Level 1 Above Grade
  • Second Bedroom Area: 132.000000
  • Third Bedroom: 10x8 Level: Level 1 Above Grade
  • Third Bedroom Area: 80.000000
  • Above Grade Finished Sq Ft: 960.00
  • ApplianceConvey: Dryer, Range-Elec, Refrigerator, Washer
  • Has Attic: Scuttle
  • Has Basement: Crawl Space
  • Breakfast Area: 5x3 Level: Level 1 Above Grade
  • Flooring: Carpet, Vinyl
  • Year Built Exception: 0
  • Level 1 Full Bathrooms: 1
  • Interior Amenities: Cable Connections, Ceiling Fan(s), Drywall, High Speed Data Aval
  • Dining Kitchen: 12x15 Level: Level 1 Above Grade
  • Laundry: Dryer Connection, Laundry Room, Main Level, Washer Connections
  • Laundry Room: 6x8 Level: Level 1 Above Grade
  • Living Room: 15x12 Level: Level 1 Above Grade
  • Master Bedroom: 15x10 Level: Level 1 Above Grade
  • Sun Room: 4x2 Level: Level 1 Above Grade
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 180.000000
  • Laundry Room Area: 48.000000
  • LivingRoom Area: 180.000000
  • 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
  • Sun Room Area: 8.000000
  • Sunroom Dim: 4.000 x 2.000

Exterior Features

  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: Storm Windows, Storm Doors
  • Patio: 3x2 Level: Level 1 Above Grade

Garage/Parking

  • Garage Dim: 0.000 x 0.000

Utilities

  • Air Conditioner: Window Unit(s)
  • Sewer: Septic Tank
  • Hot Water: Well
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors

Schools

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

Lot Info

  • Lot Sq Ft: 960.00

Tax Info

  • Estimated Taxes: 424

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2017
Closed on
Oct 10, 2017
Sold by
Stallings Larry V
Bought by
Megginson Wendy
Seller's Agent
Donald Byers
John Stewart Walker, Inc
Buyer's Agent
Kelvin Brown
Elite Realty
List Price
$69,000
Sold Price
$67,880
Premium/Discount to List
-$1,120
-1.62%
Current Estimated Value
$182,399

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,519
Avg. Annual Appreciation
12.84%
Original Mortgage
$66,650
Outstanding Balance
$56,515
Interest Rate
4.4%
Mortgage Type
FHA
Estimated Equity
$125,884
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Megginson Wendy $67,880 Mountain View Settlement Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Megginson Wendy $66,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/01/2017 11/01/17 Sold $67,880 -1.6% $71 / Sq Ft
10/31/2017 10/31/17 Pending -- -- --
08/16/2017 08/16/17 For Sale $69,000 -- $72 / 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 $375 $61,400 $17,500 $43,900
2024 $375 $61,400 $17,500 $43,900
2023 $375 $61,400 $17,500 $43,900
2022 $375 $61,400 $17,500 $43,900
2021 $375 $61,400 $17,500 $43,900
2020 $375 $61,400 $17,500 $43,900
2019 $411 $67,400 $23,500 $43,900
2018 $411 $67,400 $23,500 $43,900
2017 $411 $67,400 $23,500 $43,900
2016 $411 $67,400 $23,500 $43,900
2015 $377 $67,400 $23,500 $43,900
2014 $377 $67,400 $23,500 $43,900
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2017

    Donald Byers

    John Stewart Walker, Inc

  • K

    Buyer's Agent in 2017

    Kelvin Brown

    Elite Realty

    (434) 941-4481

    10 Total Sales

    Kelvin Brown
    Section Image
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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 307140

APN: 123B-3-5A

Virginia Amherst County Monroe 24574

979 Cedar Gate Rd, Monroe, VA

Not Listed for Sale

Detached

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