$235,000
SOLD OCT 3, 2024

1048 Elon Rd Madison Heights, VA 24572

3 Beds
1.5 Baths
1,900 Sq Ft
1.15 Acres

Recently Sold

$124 Per Sq Ft

13% Below List Price

36 Days on Market

Highlights

  • Wood Flooring
  • Fireplace
  • 2 Car Detached Garage
  • Formal Dining Room
  • Laundry Room
  • 1-Story Property

About This Home

As of October 2024

Country living with the convenience of close proximity to Madison Heights and Lynchburg. A lot of character in this home with the potential for expansion with an open basement area. Very large two car detached garage that could be used in multiple different ways! Roof and HVAC system have both recently been upgraded. Call to set up your showing today!

Last Agent to Sell the Property

Travis Hundt

Cornerstone Realty Group Inc. License #0225249874 Listed on: 07/09/2024

Last Buyer's Agent

Josh Redmond

Mark A. Dalton & Co., Inc. License #0225200760

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,220

Year Built

  • Built in 1953

Lot Details

  • 1.15 Acre Lot

Home Design

  • Poured Concrete
  • Shingle Roof

Interior Spaces

  • 1,900 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Formal Dining Room
  • Attic Access Panel

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Laundry

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

Basement

  • Walk-Out Basement
  • Interior and Exterior Basement Entry

Parking

  • 2 Car Detached Garage
  • Basement Garage
  • Off-Street Parking

Schools

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

Utilities

  • Heat Pump System
  • Electric Water Heater
  • Septic Tank

Community Details

  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 146-A-57

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,220

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Directions: 29 Bus to right on Elon Rd. House will be on the right.
  • Days On Market: No
  • Prop. Type: Residential
  • Year Built: 1953
  • Detached Garage: 2 Car
  • Garage Yn: Yes
  • Property Sub-Type: Single Family Residence
  • Above Grade Finished Sq Ft: 1586.00
  • Architectural Style: Ranch
  • Laundryroom Dim: 10.000 x 5.000
  • Office Dim: 0.000 x 0.000
  • Laundryroom Len: 10.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 2.00
  • Bathrooms Display: 2 (1 1)
  • Broker Approved: Yes
  • Reciprocal Listing: No
  • Has Attic: Access
  • Has Basement: Exterior Entrance, Garage, Interior Entrance, Poured Concrete, Walkout
  • Breakfast Area: 15x6 Level: Level 1 Above Grade
  • Flooring: Carpet, Ceramic Tile, Hardwood, Tile
  • Deck: 15x11 Level: Level 1 Above Grade
  • Formal Dining: 15x10 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 1
  • First Level Half Bathrooms: 1
  • Interior Amenities: Main Level Bedroom, Separate Dining Room
  • Dining Kitchen: 15x8 Level: Level 1 Above Grade
  • Laundry: Dryer Connection, Laundry Room, Main Level, Separate Laundry Rm., Washer Connections
  • Laundry Room: 10x5 Level: Level 1 Above Grade
  • Living Room: 18x14 Level: Level 1 Above Grade
  • Master Bedroom: 13x11 Level: Level 1 Above Grade
  • Appliances: Dishwasher, Range-Elec, Refrigerator
  • Half Bathrooms: 1
  • Fireplace: 1 Fireplace
  • Stories: One
  • Third Bedroom: 13x12 Level: Level 1 Above Grade
  • Second Bedroom: 12x13 Level: Level 1 Above Grade
  • Room Bedroom3 Area: 156.000000
  • Room Master Bedroom Area: 143.000000
  • Room Kitchen Area: 120.000000
  • Room Living Room Area: 252.000000
  • Room Bedroom2 Area: 156.000000
  • MasterBedroomDimensions Dim: 13.000 x 11.000
  • Kitchen Dim: 15.000 x 8.000
  • Sunroom Dim: 0.000 x 0.000
  • Master Bedroom Master Bedroom Width: 11.000

Exterior Features

  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: Deck, Off-Street Parking

Garage/Parking

  • Garage Dim: 0.000 x 0.000
  • General Property Description:_pound_ Attached Garage Spaces: 1 Car
  • Garage Description: In Basement

Utilities

  • Utility Electric: AEP/Appalachian Powr
  • Cooling: Heat Pump
  • Sewer: Septic Tank
  • Water Heater: Electric
  • Heating: Heat Pump
  • Water Source: County

Schools

  • Elementary School: Elon Elem
  • High School: Amherst High
  • Middle School: Monelison Midl
  • Junior High Dist: Amherst

Lot Info

  • Acres: 1.1510
  • Lot Size Sq Ft: 50138.00
  • ResoLotSizeUnits: Acres
  • Parcel Number: 146-A-57
  • ResoLotSizeUnits: Acres

Rental Info

  • Sub Lease: No
  • Sub Lease Expiration Date: 1800-01-01T00:00:00.000-05:00

Tax Info

  • Estimated Taxes: 1220

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2024
Closed on
Oct 2, 2024
Sold by
Rucker Geoffrey E
Bought by
Oguntimehin Siobhan C
Seller's Agent
Travis Hundt
Cornerstone Realty Group Inc.
Buyer's Agent
Josh Redmond
Mark A. Dalton & Co., Inc.
List Price
$269,500
Sold Price
$235,000
Premium/Discount to List
-$34,500
-12.8%
Views
44
Current Estimated Value
$268,698

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,698
Avg. Annual Appreciation
24.93%
Original Mortgage
$239,393
Outstanding Balance
$238,067
Interest Rate
6.46%
Mortgage Type
New Conventional
Estimated Equity
$43,360

Purchase Details

Listed on
Jan 3, 2020
Closed on
May 14, 2021
Sold by
Huffman Garland Marcus
Bought by
Rucker Geoffrey E
Seller's Agent
Trevor Gillispie
Elite Realty
Buyer's Agent
Brandy Barnes O'Neill
Cornerstone Realty Group Inc.
List Price
$214,900
Sold Price
$193,000
Premium/Discount to List
-$21,900
-10.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.98%
Original Mortgage
$194,949
Interest Rate
3.1%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $237,000 None Listed On Document
Warranty Deed $193,000 Blue Ridge Title Services
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $239,393 New Conventional
Previous Owner $194,949 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/03/2024 10/03/24 Sold $235,000 -8.7% $124 / Sq Ft
08/15/2024 08/15/24 Pending -- -- --
07/29/2024 07/29/24 Price Changed $257,500 -4.5% $136 / Sq Ft
07/09/2024 07/09/24 For Sale $269,500 +39.6% $142 / Sq Ft
05/14/2021 05/14/21 Sold $193,000 -10.2% $102 / Sq Ft
03/04/2021 03/04/21 Pending -- -- --
01/03/2020 01/03/20 For Sale $214,900 -- $113 / 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 $974 $159,700 $25,800 $133,900
2024 $974 $159,700 $25,800 $133,900
2023 $974 $159,700 $25,800 $133,900
2022 $974 $159,700 $25,800 $133,900
2021 $906 $148,600 $25,800 $122,800
2020 $906 $148,600 $25,800 $122,800
2019 $895 $146,700 $31,800 $114,900
2018 $895 $146,700 $31,800 $114,900
2017 $895 $146,700 $31,800 $114,900
2016 $895 $146,700 $31,800 $114,900
2015 $822 $146,700 $31,800 $114,900
2014 $822 $146,700 $31,800 $114,900
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2024

    Travis Hundt

    Cornerstone Realty Group Inc.

    (434) 401-5708

    42 Total Sales

    Travis Hundt
    Section Image

  • J

    Buyer's Agent in 2024

    Josh Redmond

    Mark A. Dalton & Co., Inc.

    (434) 386-1998

    383 Total Sales

    Josh Redmond
    Section Image

  • T

    Seller's Agent in 2021

    Trevor Gillispie

    Elite Realty

    (434) 660-5853

    321 Total Sales

    Trevor Gillispie
    Section Image

  • B

    Buyer's Agent in 2021

    Brandy Barnes O'Neill

    Cornerstone Realty Group Inc.

    Section Image
See All Agents

Map

Source: Lynchburg Association of REALTORS®

MLS Number: 353368

APN: 146-A-57

Virginia Amherst County Madison Heights 24572

1048 Elon Rd, Madison Heights, VA

This home is located at 1048 Elon Rd, Madison Heights, VA 24572 and is currently priced at $235,000, approximately $123 per square foot. This property was built in 1953. 1048 Elon Rd is a home located in Amherst County with nearby schools including Elon Elementary School, Monelison Middle School, and Amherst County High School.

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