NOT LISTED FOR SALE

Monroe, VA 24574

Estimated Value: $410,000 - $412,712

3 Beds
2 Baths
1,748 Sq Ft
$235/Sq Ft Est. Value

Last Sold September 19, 2019

Last sale price $529,000 $303 Per Sq Ft

Est. 22% decrease in value since last sale

Current estimated payment $2,313/month

24 Days on Market

Highlights

  • 120 Acre Lot
  • No HOA
  • Central Heating and Cooling System
  • Main Floor Bedroom

About This Home

As of September 2019

This 120-acre retreat on Tobacco Row Mountain offers spectacular views of Bedford County, the Peaks of Otter, and the City of Lynchburg. The recently refurbished cottage includes 3BRs, 2FBAs and a rough-in for a 3rd BA and features a full deck facing west, 1000 SF of basement space, heart pine floors, rock fireplace, metal roof, stainless steel appliances, and a gas range. The property includes a smaller unfinished cabin, a section of Tuggles Branch, numerous trails, and abundant game and wildlife. Forest Stewardship Plan completed and the property previously qualified for VA Dept. of Forestry Conservation Easement. Offers rental income opportunity and Airbnb reviews are available. This property requires very little maintenance.

Last Agent to Sell the Property

Bruce Carrington

(434) 296-0134 admin@frankhardy.com FRANK HARDY SOTHEBY'S INTERNATIONAL REALTY License #0225205585[2757] Listed on: 07/08/2019

Last Buyer's Agent

Default Agent

Default Office License #CAAR:DEFAULT

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,315

Year Built

  • Built in 2003

Lot Details

  • 120 Acre Lot
  • Property is zoned A-1, Agricultural

Home Design

  • Block Foundation

Interior Spaces

  • Property has 1.5 Levels

Bedrooms and Bathrooms

  • 2 Full Bathrooms

Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Basement Windows

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Well
  • No Septic System
  • Sewer Not Available

Community Details

  • No Home Owners Association
  • 1103 Mistover Dr. Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,315

Year Built

Built in 2003

Lot Details

120 Acres

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Building Total Sq Ft: 2748.00
  • New Construction: No
  • Story List: Main
  • Year Built: 2003
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Entry Level Bedroom
  • Fireplace: No
  • Foundation Details: Block
  • Levels Count: 1.5
  • Room List: Primary Bedroom, Additional Bedroom
  • Basement: Yes
  • Basement Type: Full, Heated, Outside Entrance, Windows
  • Living Area Units: Square Feet
  • Total Sq Ft: 2748
  • Living Area Sq Ft: 1748
  • Price Per Sq Ft: 325.51
  • Above Grade Finished Sq Ft: 1748
  • Below Grade Sq Ft: 1000
  • Total Below Grade Sq Ft: 1000
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Completed: No
  • Water Oriented: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C, Heat Pump(s)
  • Heating Type: Central, Heat Pump(s)
  • Heating: Yes
  • Sewer/Septic System: No Septic System, No Sewer System
  • Water Source: Well

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: ELON
  • High School: AMHERST
  • Middle Or Junior School: MONELISON

Lot Info

  • Lot Size Acres: 120.00
  • Zoning: A-1
  • Zoning Description: Agricultural

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2315.00
  • Tax Year: 2016

MLS Schools

  • School District Name: AMHERST COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2019
Closed on
Sep 18, 2019
Sold by
A & S Llc
Bought by
Lambeth Robert B and The Robert B Lambeth Jr Revocable Trust
Seller's Agent
Bruce Carrington
FRANK HARDY SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Default Agent
Default Office
List Price
$569,000
Sold Price
$529,000
Premium/Discount to List
-$40,000
-7.03%
Current Estimated Value
$411,356

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$117,644
Avg. Annual Appreciation
-3.83%
Original Mortgage
$423,200
Outstanding Balance
$366,606
Interest Rate
3.6%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$44,750
Source: Public Records

Range of Values:

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

Date Buyer Sale Price Title Company
Lambeth Robert B $529,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lambeth Robert B $423,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/19/2019 09/19/19 Sold $529,000 -7.0% $303 / Sq Ft
08/01/2019 08/01/19 Pending -- -- --
07/08/2019 07/08/19 For Sale $569,000 +44.1% $326 / Sq Ft
01/13/2017 01/13/17 Sold $395,000 -33.6% $226 / Sq Ft View Prior Sale
01/09/2017 01/09/17 Pending -- -- --
09/24/2015 09/24/15 For Sale $595,000 -- $340 / Sq Ft
Source: Bright MLS

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
2026 $2,322 $380,700 $51,000 $329,700
2025 $1,296 $212,500 $45,500 $167,000
2024 $1,296 $284,400 $117,400 $167,000
2023 $1,735 $284,400 $117,400 $167,000
2022 $1,735 $284,400 $117,400 $167,000
2021 $1,735 $284,400 $117,400 $167,000
2020 $1,735 $275,400 $108,400 $167,000
2019 $1,615 $264,800 $114,400 $150,400
2018 $1,615 $264,800 $114,400 $150,400
2017 $1,615 $264,800 $114,400 $150,400
2016 $1,615 $264,800 $114,400 $150,400
2015 $1,483 $264,800 $114,400 $150,400
2014 $1,483 $264,800 $114,400 $150,400
Source: Public Records

Agents Affiliated with this Home

  • Bruce Carrington

    Seller's Agent in 2019

    Bruce Carrington

    FRANK HARDY SOTHEBY'S INTERNATIONAL REALTY

    (434) 944-2643

    8 Total Sales

    Bruce Carrington
    Section Image

  • D

    Buyer's Agent in 2019

    Default Agent

    Default Office

  • N

    Buyer's Agent in 2017

    Non Member Transaction Agent

    Non-Member Transaction Office

See All Agents

Source: Bright MLS

MLS Number: 592883

Bright MLS

APN: 106-A-9

Virginia Amherst County Monroe

24574

Not Listed for Sale

Detached

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