NOT LISTED FOR SALE

110 Penn Ln Madison Heights, VA 24572

Madison Heights Area

Estimated Value: $283,000 - $307,863

3 Beds
3 Baths
1,365 Sq Ft
$217/Sq Ft Est. Value

Sale Details

Date Sold: July 1, 2022

Last sale price $247,500 $181 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $1,764 / mo

2 Days on Market

Highlights

  • Secluded Lot
  • Laundry Room
  • Landscaped
  • Great Room
  • En-Suite Primary Bedroom
  • Vinyl Plank Flooring

About This Home

As of July 2022

Convenient to Lynchburg and 29, this 3 bedroom, 3 full bath home in Madison Heights is move in ready! The large kitchen boasts stainless steel appliances, bench seating that can be used as storage by a bay window, and farm sink! The huge basement has so much potential for you and your needs! The laundry room is a dream with so much space and options for use! Features such as the large bedrooms, 3 full baths, flat corner lot, basically brand new everything since this home was built in 2016, and storage galore - this gem won't last long! Don't wait to see it in person!

Last Agent to Sell the Property

Kristin Willard

NextHome TwoFourFive License #0225227779 Listed on: 06/02/2022

NextHome TwoFourFive

Last Buyer's Agent

Butch Jefferson

Divine Fog Realty Company LLC License #0225233854

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $940

Year Built

  • Built in 2016

Lot Details

  • 27,051 Sq Ft Lot
  • Landscaped
  • Secluded Lot

Home Design

  • Split Level Home
  • Shingle Roof

Interior Spaces

  • 1,365 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Great Room
  • Attic Access Panel
  • Laundry Room

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl Plank
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Laundry in Basement

Schools

  • Madison Heights Elementary School
  • Monelison Midl Middle School
  • Amherst High School

Utilities

  • Heat Pump System
  • Electric Water Heater
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 161C1223

Home Details

Home Type

Single Family

Est. Annual Taxes

$940

Year Built

Built in 2016

Lot Details

0.62 Acres

Listing Details

  • FILLACRES: 0.6210
  • Directions: From Business 29N towards Charlottesville, take Right onto Route 163. Take Right onto Old Town Connector and a Left at the light onto New Wright Shop Road. In about a mile and a half, Penn Lane will be on your right & home is on the right.
  • Internet Providers: Comcast/Xfinity
  • Lot Measurement: Acres
  • Lot Sq Ft: 27051.00
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 161C1223
  • Year Built: 2016
  • FullBathBelowGrade: 1
  • Heating System: Heat Pump, Hot Water-Gas
  • Building Stories: Two
  • Dwelling Styles: Split Level
  • Officeden Len: 25.000
  • Officeden Wid: 14.000
  • Laundryroom Dim: 14.000 x 7.000
  • Laundryroom Len: 14.000
  • Living Room Dim: 13.000 x 14.000
  • Livingroom Len: 13.000
  • 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
  • Other Room1 Area: 28.000000
  • Other Room1 Len: 7.000
  • Other Room2 Area: 48.000000
  • Other Room2 Len: 8.000
  • Other Room3 Area: 48.000000
  • Other Room3 Len: 8.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 3.00
  • Bathrooms Display: 3 (3 0)
  • Lower Floor 1 Bedrooms: 3
  • Broker Approved: Yes
  • Legal Description: Lot 23 South Highland
  • Reciprocal Listing: No
  • Second Bedroom: 12x11 Level: Level 1 Above Grade
  • Second Bedroom Area: 132.000000
  • Third Bedroom: 14x13 Level: Below Grade
  • Third Bedroom Area: 182.000000
  • Above Grade Finished Sq Ft: 687.00
  • ApplianceConvey: Dishwasher, Microwave, Range-Elec, Range-Gas, Refrigerator
  • Has Attic: Access
  • Has Basement: Exterior Entrance, Finished, Full, Heated, Interior Entrance, Walkout
  • Flooring: Carpet, Vinyl, Vinyl Plank, Other
  • Year Built Exception: 0
  • Den: 25x14 Level: Below Grade
  • Level 1 Full Bathrooms: 2
  • Interior Amenities: Cable Available, Cable Connections, Ceiling Fan(s), Great Room, High Speed Data Aval, Master Bed w/ Bath
  • Dining Kitchen: 14x11 Level: Level 1 Above Grade
  • Laundry: Basement, Laundry Closet, Laundry Room, Separate Laundry Rm.
  • Laundry Room: 14x7 Level: Below Grade
  • Living Room: 13x14 Level: Level 1 Above Grade
  • Master Bedroom: 13x11 Level: Level 1 Above Grade
  • Other Room 1: 7x4 Level: Level 1 Above Grade
  • Other Room 2: 8x6 Level: Level 1 Above Grade
  • Other Room 3: 8x6 Level: Below Grade
  • Additional Room 1 Description: Master Bath
  • Additional Room 2 Description: Bathroom 2
  • Additional Room 3 Description: Bathroom 3
  • Den Area: 350.000000
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 154.000000
  • Laundry Room Area: 98.000000
  • LivingRoom Area: 182.000000
  • Est Other Room1 Dim: 7.000 x 4.000
  • Est Other Room2 Dim: 8.000 x 6.000
  • Est Other Room3 Dim: 8.000 x 6.000
  • Rec Room Dim: 0.000 x 0.000
  • Sunroom Dim: 0.000 x 0.000

Exterior Features

  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: Landscaped, Secluded Lot

Garage/Parking

  • Garage Dim: 0.000 x 0.000

Utilities

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

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors

Schools

  • Elementary School: Madison Heights Elem
  • High School: Amherst High
  • Middle School: Monelison Midl
  • School District: Amherst

Lot Info

  • Lot Sq Ft: 1365.00

Tax Info

  • Estimated Taxes: 940

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2022
Closed on
Jun 23, 2022
Sold by
Rigney Sterling L
Bought by
Seller's Agent
Kristin Willard
NextHome TwoFourFive
Buyer's Agent
Butch Jefferson
Divine Fog Realty Company LLC
List Price
$247,500
Sold Price
$247,500
Current Estimated Value
$296,428

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,928
Avg. Annual Appreciation
4.37%
Original Mortgage
$187,500
Outstanding Balance
$175,752
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$119,964

Purchase Details

Listed on
Mar 28, 2017
Closed on
Mar 13, 2017
Sold by
Equity Trust
Bought by
Rigney Sterling L
Seller's Agent
Jaysn Schaener
Raven Realty LLC
Buyer's Agent
Sandra Wright
Key to Your Heart Realty
List Price
$192,900
Sold Price
$192,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.86%
Original Mortgage
$194,848
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 22, 2016
Sold by
Kevin Mays Construction Inc A Virginia
Bought by
Equity Trust Custodian Fbo Barry Brooks

Purchase Details

Closed on
Dec 10, 2013
Sold by
Williams Pearl Toney
Bought by
Kevin Mays Construction Inc
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Madison Heights, VA

  • Teresa Grant Real Estate Agent - Keller Williams

    Teresa Grant

    Keller Williams

    (434) 300-3959

    279 Total Sales

    2 in Madison Heights

    $200K - $420K Price Range

    Teresa Grant
     Section Image
  • Mickey Herzing Real Estate Agent - Mark A. Dalton & Co., Inc.

    Mickey Herzing

    Mark A. Dalton & Co., Inc.

    (434) 771-1920

    127 Total Sales

    4 in Madison Heights

    $215K - $280K Price Range

    Mickey Herzing
     Section Image
  • FRANCESCA SAN GIORGIO Real Estate Agent - FOUR SEASONS REALTY 1

    FRANCESCA SAN GIORGIO

    FOUR SEASONS REALTY 1

    (434) 443-8531

    140 Total Sales

    1 in Madison Heights

    $350,000 Price

    FRANCESCA SAN GIORGIO
     Section Image
  • DON MARR Real Estate Agent - NEXTHOME TWOFOURFIVE

    DON MARR

    NEXTHOME TWOFOURFIVE

    (434) 771-2354

    80 Total Sales

    7 in Madison Heights

    $11K - $300K Price Range

    DON MARR
     Section Image
  • Jarrod Hines Real Estate Agent - REAL BROKER LLC - MCLEAN

    Jarrod Hines

    REAL BROKER LLC - MCLEAN

    (540) 831-3727

    71 Total Sales

    1 in Madison Heights

    $250,000 Price

    Jarrod Hines
     Section Image
  • Stacey Angel Real Estate Agent - STACEY ANGEL REAL ESTATE

    Stacey Angel

    Responds Quickly

    STACEY ANGEL REAL ESTATE

    (434) 771-1762

    91 Total Sales

    1 in Madison Heights

    $257,500 Price

    Stacey Angel
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$247,500 Chicago Title
Rigney Sterling L $187,900 Covenant Real Estate Svcs
Equity Trust Custodian Fbo Barry Brooks $15,000 None Available
Kevin Mays Construction Inc $20,000 None Available
Kevin Mays Construction Inc $20,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $187,500
Previous Owner Rigney Sterling L $194,848
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/01/2022 07/01/22 Sold $247,500 0.0% $181 / Sq Ft
06/04/2022 06/04/22 Pending -- -- --
06/02/2022 06/02/22 For Sale $247,500 +28.3% $181 / Sq Ft
03/31/2017 03/31/17 Sold $192,900 0.0% $92 / Sq Ft View Prior Sale
03/30/2017 03/30/17 Pending -- -- --
03/28/2017 03/28/17 For Sale $192,900 -- $92 / Sq Ft
Source: Lynchburg Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $1,635 $154,100 $17,500 $136,600
2025 $940 $154,100 $17,500 $136,600
2024 $940 $154,100 $17,500 $136,600
2023 $940 $154,100 $17,500 $136,600
2022 $940 $154,100 $17,500 $136,600
2021 $940 $154,100 $17,500 $136,600
2020 $940 $154,100 $17,500 $136,600
2019 $965 $158,200 $23,500 $134,700
2018 $965 $158,200 $23,500 $134,700
2017 $471 $17,500 $17,500 $0
2016 $107 $17,500 $17,500 $0
2015 $98 $17,500 $17,500 $0
2014 $98 $17,500 $17,500 $0
Source: Public Records

Agents Affiliated with this Home

  • Kristin Willard Real Estate Agent - NextHome TwoFourFive

    Seller's Agent in 2022

    Kristin Willard

    NextHome TwoFourFive

    (540) 230-4194

    42 Total Sales

    Kristin Willard
    Section Image
  • Butch Jefferson Real Estate Agent - Divine Fog Realty Company LLC

    Buyer's Agent in 2022

    Butch Jefferson

    Divine Fog Realty Company LLC

    (434) 546-5848

    17 Total Sales

    Butch Jefferson
    Section Image
  • Jaysn Schaener Real Estate Agent - Raven Realty LLC

    Seller's Agent in 2017

    Jaysn Schaener

    Raven Realty LLC

    (434) 515-0378

    32 Total Sales

    Jaysn Schaener
    Section Image

  • AH

    Seller Co-Listing Agent in 2017

    Angie Holt

    Key to Your Heart Realty

    (434) 841-0506

    117 Total Sales

    Angie Holt
    Section Image
  • Sandra Wright Real Estate Agent - Key to Your Heart Realty

    Buyer's Agent in 2017

    Sandra Wright

    Key to Your Heart Realty

    (434) 942-0309

    37 Total Sales

    Sandra Wright
    Section Image
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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 338612

APN: 161C1-2-23

Virginia Amherst County Madison Heights 24572

110 Penn Ln, Madison Heights, VA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed to be reliable but not guaranteed.

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