NOT LISTED FOR SALE

112 Wells Rd Madison Heights, VA 24572

Estimated Value: $218,572 - $265,000

3 Beds
1.5 Baths
1,525 Sq Ft
$156/Sq Ft Est. Value

Last Sold March 13, 2020

Last sale price $167,500 $110 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $1,310/month

2 Days on Market

Highlights

  • Cape Cod Architecture
  • Main Floor Bedroom
  • Formal Dining Room
  • Wood Flooring
  • Great Room
  • Oversized Parking

About This Home

As of March 2020

Looking for a completely updated home just 3 minutes to Downtown Lynchburg, U.S. 29, and more? Look no further. Featuring the character of an older brick house with brand new amenities from top to bottom, including refinished wood floors, all new HVAC, windows, and roof. The renovated kitchen offers new stainless steel appliances, granite countertops and custom tile backsplash. Kitchen flows openly into a bright eating area. Original curved archway frames front living area. Another gathering area with a beautiful fireplace and a newly added half bath creates a perfect home office space or larger second living area. The main level bedroom sits across from a full bath with new tile, fixtures, tub, and vanity. Upstairs houses two charming bedrooms with lots of closet space. Back entrance mudroom includes a new water heater and an area for washer/dryer. Other attractive features include abundant parking space, flat front yard, and a large shed for extra storage.

Last Agent to Sell the Property

Johanna Calfee

Lauren Bell Real Estate, Inc. License #0225241839 Listed on: 02/14/2020

Co-Listed By

Lauren Bell

Lauren Bell Real Estate, Inc. License #0225222641

Last Buyer's Agent

Heika Ufema

Jason Mitchell Real Estate License #0225222736

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $528

Year Built

  • Built in 1949

Lot Details

  • 0.4

Home Design

  • Cape Cod Architecture
  • Shingle Roof

Interior Spaces

  • 1,525 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Great Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Partial Basement
  • Attic Access Panel

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Bathtub Includes Tile Surround

Laundry

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

Parking

  • Oversized Parking
  • Workshop in Garage
  • Driveway

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Septic Tank

Additional Features

  • Outdoor Storage
  • 0.4 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 155D515

Home Details

Home Type

Single Family

Est. Annual Taxes

$528

Year Built

Built in 1949

Lot Details

0

Listing Details

  • FILLACRES: 0.4000
  • BuildingOnProperty: Storage Building
  • Directions: Business U.S. 29 to right on Wells Rd., on the corner of 29 & Wells.
  • Lot Measurement: Acres
  • Lot Sq Ft: 17424.00
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 155D515
  • Year Built: 1949
  • Heating System: Heat Pump
  • Building Stories: Two
  • Dwelling Styles: Cape Cod
  • Laundryroom Dim: 9.000 x 8.000
  • Laundryroom Len: 9.000
  • Living Room Dim: 15.000 x 13.000
  • Livingroom Len: 15.000
  • Livingroom Wid: 13.000
  • Masterbedroom Area: 154.000000
  • Master Bedroom Dim: 14.000 x 11.000
  • Masterbedroom Len: 14.000
  • 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: PART OF LOTS 1, 2, 3, 4 & 5 WELLS PROP 155D 5 15
  • Reciprocal Listing: No
  • Second Bedroom: 16x12 Level: Level 2 Above Grade
  • Second Bedroom Area: 192.000000
  • Third Bedroom: 14x11 Level: Level 2 Above Grade
  • Third Bedroom Area: 154.000000
  • Above Grade Finished Sq Ft: 1525.00
  • ApplianceConvey: Dishwasher, Microwave, Range-Elec, Refrigerator
  • Has Attic: Access
  • Has Basement: Partial
  • Flooring: Carpet, Tile, Wood
  • Year Built Exception: 0
  • Family Room: 24x11 Level: Level 1 Above Grade
  • Fireplace: 1 Fireplace, Living Room, Wood Burning
  • Formal Dining: 11x9 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 1
  • First Level Half Bathrooms: 1
  • Interior Amenities: Cable Connections, Ceiling Fan(s), Great Room, Main Level Bedroom, Main Level Den, Separate Dining Room, Tile Bath(s)
  • Dining Kitchen: 12x9 Level: Level 1 Above Grade
  • Laundry: Dryer Connection, Laundry Room, Main Level, Washer Connections
  • Laundry Room: 9x8 Level: Level 1 Above Grade
  • Living Room: 15x13 Level: Level 1 Above Grade
  • Master Bedroom: 14x11 Level: Level 1 Above Grade
  • Porch: 7x4 Level: Level 1 Above Grade
  • FamilyRoom Area: 264.000000
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 108.000000
  • Laundry Room Area: 72.000000
  • LivingRoom Area: 195.000000
  • 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, Concrete Drive

Garage/Parking

  • Garage Spaces: Workshop, Oversized
  • Garage Dim: 0.000 x 0.000

Utilities

  • Air Conditioner: Central Electric, Heat Pump
  • Sewer: Septic Tank
  • Hot Water: County
  • 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: 1525.00

Tax Info

  • Estimated Taxes: 528

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2020
Closed on
Mar 9, 2020
Sold by
Goshen Living Llc
Bought by
Marstin Amber N
Seller's Agent
Johanna Calfee
Lauren Bell Real Estate, Inc.
Buyer's Agent
Heika Ufema
Jason Mitchell Real Estate
List Price
$167,500
Sold Price
$167,500
Current Estimated Value
$237,143

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,643
Avg. Annual Appreciation
6.24%
Original Mortgage
$158,650
Outstanding Balance
$140,507
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$96,636

Purchase Details

Closed on
Dec 14, 2018
Sold by
Fortis Trustee Foreclosure Service Llc
Bought by
Snutrust Bank
Source: Public Records

Range of Values:

--
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 Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Marstin Amber N $167,000 Attorney
Snutrust Bank $59,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marstin Amber N $158,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/13/2020 03/13/20 Sold $167,500 0.0% $110 / Sq Ft
02/16/2020 02/16/20 Pending -- -- --
02/14/2020 02/14/20 For Sale $167,500 +204.5% $110 / Sq Ft
09/10/2019 09/10/19 Sold $55,000 +37.3% $42 / Sq Ft View Prior Sale
08/22/2019 08/22/19 Pending -- -- --
08/07/2019 08/07/19 For Sale $40,068 -- $30 / 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 $752 $123,200 $20,000 $103,200
2024 $752 $123,200 $20,000 $103,200
2023 $752 $123,200 $20,000 $103,200
2022 $752 $123,200 $20,000 $103,200
2021 $364 $59,700 $20,000 $39,700
2020 $364 $59,700 $20,000 $39,700
2019 $528 $86,600 $26,000 $60,600
2018 $528 $86,600 $26,000 $60,600
2017 $260 $86,600 $26,000 $60,600
2016 $528 $86,600 $26,000 $60,600
2015 $485 $86,600 $26,000 $60,600
2014 $239 $86,600 $26,000 $60,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 323259

APN: 155D-5-1,5