$193,000
SOLD MAY 14, 2021

1048 Elon Rd Madison Heights, VA 24572

3 Beds
1.5 Baths
1,900 Sq Ft
1.15 Acres

Recently Sold

$102 Per Sq Ft

10% Below List Price

426 Days on Market

Highlights

  • Ranch Style House
  • Formal Dining Room
  • Laundry Room
  • Wood Flooring
  • Fireplace
  • Landscaped

About This Home

As of October 2024

This one-owner home is ready for a new family!! This home has been freshly painted on the exterior along with the deck being refinished. When you walk inside you are greeted with updated tile work, freshly finished floors and freshly painted throughout the main level. You will find great architecture in this home with its 1950's style, brick fireplace, arch way doors and a formal dining room off the kitchen. In the basement there is so much potential for finishing out more space which is currently another garage access along with open unfinished area for a workshop or anything that suits your needs. The basement has recently been worked on and has a transferable warranty through JES. Outside you will find a large 2 car garage fronting just off Loving lane. All within 5 minutes to the Madison Heights Route 130 and Route 29 intersection! Come see this home for yourself!

Last Agent to Sell the Property

Trevor Gillispie

Elite Realty License #0225241780 Listed on: 01/03/2020

Last Buyer's Agent

Brandy Barnes O'Neill

Cornerstone Realty Group Inc. License #0225212489

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $895

Year Built

  • Built in 1953

Lot Details

  • 1.15 Acre Lot
  • Landscaped

Home Design

  • Ranch Style House
  • Poured Concrete
  • Shingle Roof

Interior Spaces

  • 1,900 Sq Ft Home
  • Fireplace
  • Formal Dining Room
  • Attic Access Panel
  • Fire and Smoke Detector

Kitchen

  • Self-Cleaning Oven
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

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

Basement

  • Walk-Out Basement
  • Interior and Exterior Basement Entry
  • Sump Pump

Parking

  • 3 Garage Spaces | 1 Attached and 2 Detached
  • Basement Garage

Schools

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

Utilities

  • Heat Pump System
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 146-A-57

Home Details

Home Type

Single Family

Est. Annual Taxes

$895

Year Built

Built in 1953

Lot Details

0

Listing Details

  • FILLACRES: 1.1510
  • BuildingOnProperty: Other
  • Directions: US-29 North to Madison Heights, take left on Route 130 (Elon Rd), go 2.4 miles to home on the right.
  • Lot Measurement: Acres
  • Lot Sq Ft: 50138.00
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 146-A-57
  • Year Built: 1953
  • Detached Garage: 2 Car
  • Heating System: Heat Pump
  • Building Stories: One
  • Dwelling Styles: Ranch
  • Laundryroom Dim: 10.000 x 5.000
  • Laundryroom Len: 10.000
  • Living Room Dim: 18.000 x 14.000
  • Livingroom Len: 18.000
  • Livingroom Wid: 14.000
  • Masterbedroom Area: 143.000000
  • Master Bedroom Dim: 13.000 x 11.000
  • Masterbedroom Len: 13.000
  • Masterbedroom Wid: 11.000
  • Office Dim: 0.000 x 0.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 2.00
  • Bathrooms Display: 2 (1 1)
  • Lower Floor 1 Bedrooms: 3
  • Broker Approved: Yes
  • Legal Description: ON ELON ROAD SEE DB 172 151
  • Reciprocal Listing: No
  • Second Bedroom: 12x13 Level: Level 1 Above Grade
  • Second Bedroom Area: 156.000000
  • Third Bedroom: 13x12 Level: Level 1 Above Grade
  • Third Bedroom Area: 156.000000
  • Above Grade Finished Sq Ft: 1586.00
  • ApplianceConvey: Dishwasher, Refrigerator, Self Cleaning Oven
  • Has Attic: Access
  • Has Basement: Exterior Entrance, Garage, Interior Entrance, Poured Concrete, Sump Pump, Walkout
  • Breakfast Area: 15x6 Level: Level 1 Above Grade
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Year Built Exception: 0
  • Deck: 15x11 Level: Level 1 Above Grade
  • Fireplace: 1 Fireplace
  • Formal Dining: 15x10 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 1
  • First Level Half Bathrooms: 1
  • Interior Amenities: Drywall, Main Level Bedroom, Main Level Den, Separate Dining Room, Smoke Alarm
  • Dining Kitchen: 15x8 Level: Level 1 Above Grade
  • Laundry: Dryer Connection, 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
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 120.000000
  • Laundry Room Area: 50.000000
  • LivingRoom Area: 252.000000
  • Est Other Room1 Dim: 0.000 x 0.000
  • Est Other Room2 Dim: 0.000 x 0.000
  • Est Other Room3 Dim: 0.000 x 0.000
  • Rec Room Dim: 0.000 x 0.000
  • Sunroom Dim: 0.000 x 0.000

Exterior Features

  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: Paved Drive, Landscaped

Garage/Parking

  • Attached Garage: 1 Car
  • Garage Spaces: In Basement
  • Garage Area: 900.000000
  • Garage Dim: 30.000 x 30.000
  • GarageLen: 30.000
  • GarageWid: 30.000

Utilities

  • Utility Electric: AEP/Appalachian Powr
  • Air Conditioner: Heat Pump
  • Sewer: Septic Tank
  • Hot Water: County
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors

Schools

  • School District: Amherst
  • Elementary School: Elon Elem
  • Middle School: Monelison Midl
  • High School: Amherst High
  • Elementary School: Elon Elem
  • High School: Amherst High
  • Middle School: Monelison Midl
  • School District: Amherst

Lot Info

  • Lot Sq Ft: 1900.00

Tax Info

  • Estimated Taxes: 895

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
25.28%
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

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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 322605

APN: 146-A-57