19 days on rocket

506 Peters Hollow Rd, Monroe, VA, 24574

$429,000

Home List Price

$5,094*

Closing Credit

3 Bedrooms
2 Full Baths
1,804 SqFt
$238/SqFt
House

Location

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506 Peters Hollow Rd, Monroe$429,000

Buyer Closing Credits

$5,094*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1973
HeatingForced Air, Wood Stove
CoolingNone
ViewMountain(s)
Private PoolYes
MLS #355557
Lot Size10.32 Acres
StatusActive

About 506 Peters Hollow Rd

Dont miss the chance to own this gorgeous Barn Dominium! Situated on 10+ acres, with barns and some fencing already in place. This home has the most beautiful mountain view! This is the perfect place for a farm, with plenty of space for a garden and pets. Inside you will find hardwood floors, a Huge loft master bedroom with an adjoining bathroom with a claw foot tub. Two bedrooms on the first floor and so much more! This home is full of character and charm. Dont wait to schedule your showing!

Property Details

Property Features

Property Information:

  • Architectural Style: Story and a half, Other, See Remarks
  • Year Built: 1973
  • Stories: 2
  • Living Area: 1,804 SqFt

Listing Office:

  • Office Name: Watts Auction Realty Appraisals Inc
  • Office Phone: (434) 821-5263
  • Listing Agent: Charlie A Watts II

Interior Features

Interior Information:

  • Appliances: Cooktop, Dishwasher, Electric Range
  • Basement: No
  • Flooring Type: Hardwood
  • Interior: Main Level Bedroom, Main Level Den, Primary Bed w/Bath, Laundry Room, Main Level

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • View: Mountain(s)
  • Exterior: Above Ground Pool, Garden Space, Secluded Lot, Mountain Views

Lot Features

Lot Information:

  • Lot Size: 10.32 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Wood Stove
  • Cooling: None

Other

Directions Information:

  • Directions: From 29 North, turn left onto Five Forks Rd, then turn left onto Father Judge Rd. Turn left onto Matohe Rd, then right onto Peters Hollow Rd. House is on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $429,000
  • Price Per SqFt: $238/SqFt

Tax Information:

  • Annual Amount: $101
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Monroe, VA.

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Monroe, VA

City

Med. List Price

$262.4K

Med. Price/SqFt

$209

Avg. Days On Market

67

506 Peters Hollow Rd vs Monroe

19 DAYS ON ROCKET

-48 Days

$429,000

+$166.5K More

$238/SqFt

+$29 More

KEY TAKEAWAY

This property is $166.5K more than the Median List Price and $29/SqFt more than other homes in Monroe, VA.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Lynchburg
  • MLS Number: #355557

Listing Office:

  • Office Name: Watts Auction Realty Appraisals Inc
  • Office Phone: (434) 821-5263
  • Listing Agent: Charlie A Watts II

Information is provided by the Lynchburg Association of REALTORS®. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2024 Lynchburg Association of REALTORS®. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 7:20:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$101$152,000
2020$514$152,000
2019$866$142,000
2018$866$142,000
2017$866$142,000

History based on county public records data.

Payment Calculator

$2,209

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,353

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-219902
6
/10

  • Amherst Elementary School

  • 156 Davis St

  • 5.31 miles

  • Public District Grades PK-5

school-card-donut-219903
3
/10

  • Central Elementary School

  • 575 Union Hill Rd

  • 5.97 miles

  • Public District Grades PK-5

school-card-donut-219904
5
/10

  • Elon Elementary School

  • 147 Younger Dr

  • 5.97 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $60,583. The most common annual income of people living in Monroe, VA is between $35k-100k. Residents typically live in married, no kids family. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 506 Peters Hollow Rd

What is the listing price of this property?

The listing price of 506 Peters Hollow Rd property is $429,000.

What type of property is this?

The property 506 Peters Hollow Rd is a house located in Monroe, Virginia, 24574.

Is this property for sale now?

Active Listing: 506 Peters Hollow Rd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $101 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 506 Peters Hollow Rd has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 506 Peters Hollow Rd is 1,804 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 506 Peters Hollow Rd is 1973.

Rocket Homes›Virginia›Amherst County›Monroe›24574›506 Peters Hollow Rd

This home is located at 506 Peters Hollow Rd in Monroe, VA and zip code 24574. This 1,804 square foot home, which was built in 1973, sits on a 10.32 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 01, 2024 and is currently priced at $429,000.

In October 2024 in Monroe, VA there were 8.3% less homes for sale than in September 2024. In October 2024, listings were on the market for 67 days. During the same period, the median list price in this real estate market was $262,450.

From Rocket Homes Real Estate and based on county public records data.

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