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Mecklenburg 23970
107 Clearview Drive
$282,000
● House - Off Market

107 Clearview Drive

South Hill, VA 23970
bedrooms
2 Beds
bathrooms
2 Baths
$1,495
Est. Monthly
$8
HOA / Fees
4.25%
Cap Rate

About This Property

2 bedroom/2 bath ranch/sunroom/open concept living, 5 acre lot with pond/2-3 acres cleared w/plenty of privacy, 10'x20' covered, worry free large composite front porch/ceiling fan, Composite decks-12'x16' back /5'x7' side entrance, 14'x15' primary bedroom/bathroom-shower/walk-in closet, 12'x14' 2nd bedroom/closet, Kitchen/double pantry closet/stainless steel farmhouse sink/3'x5' island, Large laundry room/storage closet/HVAC & water heater, Ceiling fans (living room/sunroom/bedrooms), Electric heat/air. Gas fireplace/propane tank

GE appliances (refrigerator/oven/microwave), Storm doors on the front/side entrances, French back door, Well/Septic (3 bd. Approved), 10x20 workshop, 8x12 shed. Gravel drive/gravel parking area, Brick/stone fire pit
Unit Size
-
Days on Market
40 days
Land Size
5.00 acres
Price per sqft
-
Property Type
House
Property Taxes
$67
HOA Dues
$8
Year Built
2022

Payment Calculator

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (CVRMLS #2401391)

Price History

Date / Event Date Event Price
Feb 27, 2024 Sold
Premium
Sold
Jan 18, 2024 Listed by Cottage Street Realty LLC $289,000
Listed by Cottage Street Realty LLC
Apr 23, 2021 Sold
Premium
Sold

Property Highlights

Air Conditioning
Garage
With View
Fireplace

Building Info

Overview

    General

  • Year Built: 2022
  • Effective Year Built: 2022
  • Bedroom Count: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 3
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Count: 100
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 217,800
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,484
  • Building Area: 1,484
  • Building Area Measurement: E

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 1,484
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CLEARVIEW FARMS SD
  • Land Acres: 0000005000
  • Standard Land Use Code: 1001
  • County Land Use Code: 02
  • Legal Description 1: LOT 28 CLEARVIEW FARMS

Neighborhood

  • School District Name: Mecklenburg County Public Schools
  • Census Tract: 930300

Zoning

  • Zoning: AG

Geography

  • Account Number: R026630
  • District: BUCKHORN DIS
  • Parcel: 075000-01--028
  • Lot: 28
  • Municipality: BUCKHORN
  • Latitude: 36.7279
  • Longitude: -78.2507

    Address

  • Full Address: 107 Clearview Dr
  • Address - House Number: 107
  • Address - Street Name: Clearview
  • Address - Suffix Type: Dr
  • State: VA
  • City Name: South Hill
  • Carrier Code: R003
  • 4-Digit Zip Code: 6144
  • Zip Code: 23970

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $80,440

    Appraisal Valuation

  • Standard Deviation: 0.4333
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 49
  • Final Value: 263,891
  • High Value: 355,168
  • Low Value: 172,615

    Market Valuation

  • Market Total Value: $201,100
  • Market Land Value: $23,600
  • Market Improvement Value: $177,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $201,100
  • Assessed Land Value: $23,600
  • Assessed Improvements Value: $177,500

    Sales

  • Current Sale Contract Date: Jan 31, 2024
  • Current Sale Recording Date: Feb 27, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 762
  • Previous Sale Recording Date: Apr 23, 2021
  • Previous Sale Contract Date: Apr 06, 2021
  • Previous Sale Amount: $18,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Mecklenburg

Stats & Trends

Median Asking:

$375,000

Sale Price/ft²

$233

Below Asking

0.02%

Average Days on Market

72

Average Home Size

18529 ft²

Average Home Age

46.7 years

Currently For Sale

42 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

Click here to view more rentals in the neighborhood.
CVR

Listed by: Debbie Crevier-Kent, Cottage Street Realty LLC
Last Updated: 3 years ago
Data Source: CVRMLS , MLS# 2401391
All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listing s. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are ©2026 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Courtesy First Choice Realty.
Courtesy of RH Advisors, Inc. and RHP Realty NJ, Inc. CalDRE: 00494703

Frequently Asked Questions

When was property at 107 Clearview Drive built and last sold?
The property at 107 Clearview Drive was built in 2022 and last sold on Jan 31, 2024 for $282,000.
How much is this home worth?
The estimated value of the home located at 107 Clearview Drive is $291,890.
What are some comparable homes to 107 Clearview Drive?
There are currently no comparable homes to 107 Clearview Drive.
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