NOT LISTED FOR SALE

111 Willow Ln Madison Heights, VA 24572

Estimated Value: $149,691 - $179,000

2 Beds
1 Bath
720 Sq Ft
$227/Sq Ft Est. Value

Last Sold January 12, 2026

Last sale price $170,000 $236 Per Sq Ft

About This Home

Welcome to 111 Willow Lane, a move-in ready brick ranch offering an excellent opportunity to own a well-maintained, updated home in a great neighborhood at a fantastic price. This 2-bedroom, 1-bath home features modern vinyl plank flooring, fresh paint, an updated bathroom with tile, and a beautiful kitchen with stainless steel appliances and butcher block countertops. A brand new heat pump installed in 2024 ensures year-round comfort and efficiency. The fenced backyard provides space for pets & play, and the full basement offers laundry, outside access, and plenty of storage or hobby potential. Conveniently located near schools, shopping, and just minutes from Lynchburg, this home is perfect for first-time buyers, downsizers, or investors. Don't miss your chance to own a quality home in a desirable location at an unbeatable price.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2025
Closed on
Jan 12, 2026
Sold by
Hunter Heaven Nicole
Bought by
Spencer Allison Marie
Seller's Agent
Matthew Knabb
Elite Realty
Buyer's Agent
Carson Heckman
Keller Williams
List Price
$169,900
Sold Price
$170,000
Premium/Discount to List
$100
0.06%
Views
95

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-32.60%
Original Mortgage
$166,920
Outstanding Balance
$166,920
Interest Rate
6.23%
Mortgage Type
FHA
Estimated Equity
-$3,497

Purchase Details

Closed on
Jun 23, 2021
Sold by
Alexander Reed Structures Llc
Bought by
Hunter Heaven Nicole

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,414
Interest Rate
2.7%
Mortgage Type
Construction

Purchase Details

Closed on
May 13, 2021
Sold by
Linwood L Allen Investments Inc
Bought by
Alexander Reed Structures Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,414
Interest Rate
2.7%
Mortgage Type
Construction
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Spencer Allison Marie -- Old Republic National Title In
Hunter Heaven Nicole $140,000 Henderson Ronald D
Alexander Reed Structures Llc $90,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spencer Allison Marie $166,920
Previous Owner Hunter Heaven Nicole $141,414
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/12/2026 01/12/26 Sold $170,000 +0.1% $236 / Sq Ft View Prior Sale
12/12/2025 12/12/25 Pending -- -- --
12/08/2025 12/08/25 For Sale $169,900 +21.4% $236 / Sq Ft
09/08/2021 09/08/21 Sold $140,000 0.0% $194 / Sq Ft View Prior Sale
09/08/2021 09/08/21 Pending -- -- --
09/08/2021 09/08/21 For Sale $140,000 -- $194 / Sq Ft

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 $416 $68,200 $22,500 $45,700
2024 $416 $68,200 $22,500 $45,700
2023 $416 $68,200 $22,500 $45,700
2022 $416 $68,200 $22,500 $45,700
2021 $416 $68,200 $22,500 $45,700
2020 $416 $68,200 $22,500 $45,700
2019 $434 $71,200 $28,500 $42,700
2018 $434 $71,200 $28,500 $42,700
2017 $434 $71,200 $28,500 $42,700
2016 $434 $71,200 $28,500 $42,700
2015 $399 $71,200 $28,500 $42,700
2014 $399 $71,200 $28,500 $42,700
Source: Public Records

Agents Affiliated with this Home

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