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318 Monroe St, Chase City, VA, 23924

2beds
1baths
1,020sqft
$35,000
$34price/sqft
$398/moest. monthly cost
$15,920/yrincome needed

About This Home

Unlock the potential of this promising investment opportunity! Located at 318 Monroe St in Chase City, this fixer-upper is ready for your vision and creativity. Whether you’re looking to renovate and resell, build long-term rental income, or create a customized home, this property offers endless possibilities. Being sold strictly as-is, this home is ideal for investors or buyers eager to bring new life to a property with great upside. With the right updates and improvements, this could be a standout asset in your portfolio. Don’t miss your chance to transform this diamond in the rough into something truly special!

Getting Around

27
WalkingCar-Dependent
0
TransitVery Limited Transit
24
BikeSomewhat Bikeable

Schools

3/10
5/10

Construction

Condition

  • Property condition: Resale
  • Year built: 1960

Materials

  • Roof: Metal
  • Construction materials: Brick,Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Two Story
  • Property subType: Single Family Residence

Interior

Basement

  • Basement: Crawl Space

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Attic: None
  • Finished area below ground: 0
  • Finished area above ground: 1,020

Heating & Cooling

  • Heating features: Electric,Other
  • Cooling features: None

Interior Area

  • Total interior livable area: 1,020 sqft

Other

  • Level: First

Property

Details

  • Parcel number: 21623
  • Special condition: Corporate Listing

Features

  • Levels: Two
  • Stories: 2
  • Pool features: None

Lot

  • Lot size: 10,454 sqft

Parking

  • Parking features: Off Street

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Drought
    DroughtModerate
  • Hurricane
    HurricaneModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Drought
Hurricane
Lightning
Strong Wind
Winter Weather

FEMA Declared Disasters Across Virginia Counties

Severe Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $176$2,112
Home Insurance *$10$120
Property Taxes $10$120
Electricity $202$2,433
Total$398$4,776
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$13,645/yr
40% on housing$11,940/yr
45% on housing$10,613/yr

Virginia FAIR Plan Programs

Virginia Property Insurance Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 22,622Commercial: 503
Total Premiums$20.86M
Total Exposure$4.29B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.4%
8.4%
0%30.0%
Electricity Growth Rate10-year average: 7.8%
7.8%
0%15.0%
Property Taxes Growth Rate2-year average: 0.9%
0.9%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$34This listing

vs Other Active Listings

Avg $/sqft

ZIP 23924$82
Mecklenburg County$170

vs Homes Sold Last Month

Median $/sqft

ZIP 23924
Mecklenburg County$215

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-05Price change$49,990
2026-04-25Listed for sale$55,000
2025-07-24Sold$39,000
2025-07-03Pending sale$39,000
2025-03-20Price change$39,000
2025-03-08Listed for sale$45,000
2024-06-12Sold$29,000

For Sale by Agent

AgentStefany Menjivar
BrokerageSamson Properties

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