NOT LISTED FOR SALE

1145 Madcap Rd Rocky Mount, VA 24151

Estimated Value: $418,000 - $537,000

3 Beds
3 Baths
2,476 Sq Ft
$185/Sq Ft Est. Value

Last Sold October 12, 2021

Last sale price $359,000 $145 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $2,525/month

40 Days on Market

Highlights

  • Horses Allowed On Property
  • 26 Acre Lot
  • Deck
  • Callaway Elementary School Rated 10
  • Mountain View
  • Secluded Lot

About This Home

As of October 2021

Talk about the perfect setting! Beautiful mountain views with 26 acres of peace and quiet. Enjoy this private retreat that includes a recently remodeled 3 bed/3 bath home with so much room to enjoy. The lower level has a rec room with a bar area for entertaining, office or guest room, and plenty of storage. Everything is done for you, just bring your animals, or recreational toys and enjoy your own piece of the country.

Last Agent to Sell the Property

Brenda Bratt

WAINWRIGHT & CO., REALTORS(r)- LAKE License #0225200886 Listed on: 07/21/2021

Last Buyer's Agent

Brenda Bratt

WAINWRIGHT & CO., REALTORS(r)- LAKE License #0225200886 Listed on: 07/21/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,330

Year Built

  • Built in 2003

Lot Details

  • 26 Acre Lot
  • Property fronts a private road
  • Secluded Lot
  • Wooded Lot
  • Garden

Parking

  • Off-Street Parking

Home Design

  • Ranch Style House

Interior Spaces

  • Ceiling Fan
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Mountain Views
  • Laundry on main level

Kitchen

  • Electric Range
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Deck
  • Shed

Schools

  • Callaway Elementary School
  • Ben Franklin Middle School
  • Franklin County High School

Additional Features

  • Horses Allowed On Property
  • Heat Pump System

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,330

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Interior Features: Ceiling Fan, Walk-in-Closet
  • Heating System: Heat Pump Electric
  • Fireplace(s): Family Room, Living Room
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Full
  • Major Appliances: Dishwasher, Microwave Oven (Built In), Range Electric, Refrigerator
  • Cooling System: Heat Pump Electric
  • Outside Features: Deck, Garden Space, Storage Shed
  • Views: Mountain
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBREntryLevel: 3
  • EntryAboveGrdFin Sq Ft: 1288.00
  • Fireplace Number Fireplaces: 2
  • FullBathsFullBathsEntryLvl: 2
  • FullBathsFullBathsLowerLvl: 1
  • Grand Total Attached S Q F T: 2576
  • LaundryLaundryLowerLevel: 1
  • LowerBelowGrdFin Sq Ft: 1188.00
  • Major Area: 04 - Franklin County
  • MasterBedroomsMasterBREntryLvl: 1
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: N/A
  • RatifiedContractDt: 2021-08-30
  • Residential Type: Detached
  • Style Of House: Ranch
  • Total Above Grd Fin S Q F T: 1288
  • TotalBdrm: 3
  • TotalBths: 3.00
  • TotalFBaths: 3
  • Total Finished Sq Ft: 2476.00
  • TotalUnfin Sq Ft: 100.00
  • Uncovered Parking: Off Street Parking
  • Unfinished Attached S Q F T Lower Below Grd Unfin S Q F T: 100.00
  • Water Class: N/A
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement YN: Yes

Utilities

  • Sewer Description: Private Septic
  • Water Description: Private Well

Association/Amenities

  • Misc Features: Horses Permitted, Private Road

Schools

  • Elementary School: Callaway
  • Middle School: Ben Franklin Middle
  • High School: Franklin County

Lot Info

  • Lot Description: Secluded, Wooded
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 26.00

Building Info

  • Year Built: 2003

Tax Info

  • Taxes (6 mo): 1330.00
  • FILLTAXID: 0610004303

MLS Schools

  • Elementary School: Callaway
  • HighSchool: Franklin County
  • Middle School: Ben Franklin Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2021
Closed on
Sep 23, 2021
Sold by
Lessard Christopher and Lessard Brittany
Bought by
Jamison Jamie L
Seller's Agent
Brenda Bratt
WAINWRIGHT & CO., REALTORS(r)- LAKE
Buyer's Agent
Brenda Bratt
WAINWRIGHT & CO., REALTORS(r)- LAKE
List Price
$374,900
Sold Price
$359,000
Premium/Discount to List
-$15,900
-4.24%
Current Estimated Value
$459,126

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,126
Avg. Annual Appreciation
6.28%
Original Mortgage
$287,200
Outstanding Balance
$261,331
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$197,795

Purchase Details

Closed on
May 13, 2015
Sold by
Reynolds Eric Edward and Reynolds Teresa Rakes
Bought by
Branch Banking And Trust Co
Source: Public Records

Range of Values:

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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
Jamison Jamie L $359,000 Acquisition Ttl & Stlmt Agcy
Branch Banking And Trust Co $47,206 Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jamison Jamie L $287,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/12/2021 10/12/21 Sold $359,000 -4.2% $145 / Sq Ft
08/30/2021 08/30/21 Pending -- -- --
07/21/2021 07/21/21 For Sale $374,900 +92.3% $151 / Sq Ft
05/06/2016 05/06/16 Sold $195,000 -2.5% $151 / Sq Ft View Prior Sale
03/17/2016 03/17/16 Pending -- -- --
03/09/2016 03/09/16 For Sale $199,900 -- $155 / Sq Ft
Source: Roanoke Valley 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
2024 $1,398 $325,200 $81,800 $243,400
2023 $1,330 $218,100 $74,800 $143,300
2022 $1,330 $218,100 $74,800 $143,300
2021 $1,330 $218,100 $74,800 $143,300
2020 $1,330 $218,100 $74,800 $143,300
2019 $1,255 $205,700 $74,800 $130,900
2018 $1,255 $205,700 $74,800 $130,900
2017 $1,131 $209,500 $75,000 $134,500
2016 $1,131 $209,500 $75,000 $134,500
2015 $1,131 $209,500 $75,000 $134,500
2014 $1,131 $209,500 $75,000 $134,500
2013 $1,131 $209,500 $75,000 $134,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 882157

Roanoke Valley Association of REALTORS®

APN: 0610004303