NOT LISTED FOR SALE

118 Madison St Lynchburg, VA 24504

Garland Hill Neighborhood

Estimated Value: $542,348 - $612,000

5 Beds
3.5 Baths
5,458 Sq Ft
$108/Sq Ft Est. Value

Last Sold October 24, 2019

Last sale price $419,900 $77 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $3,490/month

25 Days on Market

Highlights

  • City View
  • Victorian Architecture
  • Bonus Room
  • Wood Flooring
  • Attic
  • 4-minute walk to Yoder Community Center

About This Home

As of October 2019

As you drive down Madison's rustic bricks, experience the history that surround you. As you reach 118 you will see the Charm & Grace of the Victorian era with modern luxury! Five bedrooms, two studies, library, beautiful dining room, Chef kitchen with breakfast nook, high-end appliances, sauna, heated bidet commode seats, steam showers with bamboo flooring just to start the list! This home also has a wonderful terrace level two bedroom suite with heated floors, steam shower and laundry, along with its own private entrance and patio. Outdoor living is just as fantastic with a greenhouse, unique courtyard, storage area & four porches that overlook the surrounding mountains around Lynchburg! In walking distance to the heart of the city, it is easy to take advantage of everything downtown has to offer! From the Farmers Market to a rooftop restaurant and everything in between!

Last Agent to Sell the Property

Lisa Garrett

NextHome TwoFourFive License #0225240937 Listed on: 08/29/2019

NextHome TwoFourFive

Last Buyer's Agent

Jocelyn Miller

Keeton & Co Real Estate License #0225230065

Keeton & Co Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,950

Year Built

  • Built in 1878

Lot Details

  • 0.27 Acre Lot
  • Landscaped
  • Garden
  • Property is zoned R-2

Home Design

  • Victorian Architecture
  • Metal Roof

Interior Spaces

  • 5,458 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Drapes & Rods
  • Formal Dining Room
  • Bonus Room
  • City Views
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet

Laundry

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

Attic

  • Attic Floors
  • Storage In Attic
  • Walkup Attic

Finished Basement

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

Schools

  • Bedford Hills Elementary School
  • Linkhorne Midl Middle School
  • E. C. Glass High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Radiant Heating System
  • Tankless Water Heater
  • Water Purifier
  • High Speed Internet
  • Cable TV Available

Community Details

  • Garland Hill Subdivision

Listing and Financial Details

  • Assessor Parcel Number 02331007

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,950

Year Built

Built in 1878

Lot Details

0

Listing Details

  • FILLACRES: 0.2700
  • Directions: 5th St. to left on Madison St.
  • ElementarySchool7: Bedford Hills Elem
  • HighSchool7: E. C. Glass High
  • Lot Measurement: Acres
  • Lot Sq Ft: 11761.00
  • MiddleSchool7: Linkhorne Midl
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 02331007
  • Year Built: 1878
  • Heating System: Forced Warm Air-Gas, Radiant, Two-Zone
  • Building Stories: Three Or More
  • Dwelling Styles: Victorian
  • Officeden Len: 11.300
  • Officeden Wid: 13.500
  • Foyer Area: 76.234000
  • Laundryroom Dim: 7.100 x 8.000
  • Laundryroom Len: 7.100
  • Living Room Dim: 15.600 x 17.200
  • Livingroom Len: 15.600
  • Livingroom Wid: 17.200
  • Masterbedroom Area: 191.760000
  • Master Bedroom Dim: 14.100 x 13.600
  • Masterbedroom Len: 14.100
  • Masterbedroom Wid: 13.600
  • Office Dim: 8.700 x 7.110
  • Other Room1 Area: 257.300000
  • Other Room1 Len: 16.600
  • Other Room2 Area: 64.260000
  • Other Room2 Len: 10.200
  • Other Room3 Area: 213.061000
  • Other Room3 Len: 14.110
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 4.00
  • Bathrooms Display: 4 (3 1)
  • Lower Floor 1 Bedrooms: 5
  • Broker Approved: Yes
  • Legal Description: Garland Hill
  • Reciprocal Listing: No
  • Second Bedroom: 15.10x15.90 Level:
  • Second Bedroom Area: 240.090000
  • Third Bedroom: 17.20x15.50 Level:
  • Third Bedroom Area: 266.600000
  • Fourth Bedroom: 15.20x15.80 Level:
  • Fourth Bedroom Area: 240.160000
  • Fifth Bedroom: 17.40x10 Level:
  • Fifth Bedroom Area: 174.000000
  • Above Grade Finished Sq Ft: 4243.00
  • ApplianceConvey: Convection, Dishwasher, Disposal, Dryer, Microwave, Range-Elec, Refrigerator, Water Purifier, Washer
  • Has Attic: Floored, Storage Only, Walk In, Walk-Up Stairs
  • Has Basement: Apartment, Exterior Entrance, Finished, Full, Heated, Interior Entrance, Partial, Walkout
  • Breakfast Area: 10.11x7.80 Level:
  • Flooring: Hardwood, Laminate, Tile
  • Year Built Exception: 0
  • Deck: 17x8.30 Level:
  • Den: 11.30x13.50 Level:
  • Fireplace: 1 Fireplace, Gas Log
  • Formal Dining: 14.30x18.40 Level:
  • Foyer: 9.40x8.11 Level:
  • Level 1 Full Bathrooms: 1
  • Level 3 Full Bathrooms: 2
  • Level 2 Half Bathroom: 1
  • Interior Amenities: Apartment, Cable Available, Cable Connections, Ceiling Fan(s), Drapes, Drywall, High Speed Data Aval, Main Level Den, Master Bed w/ Bath, Rods, Separate Dining Room, Smoke Alarm, Walk-In Closet(s)
  • Dining Kitchen: 25.50x8.30 Level:
  • Laundry: Laundry Room, Main Level
  • Laundry Room: 7.10x8 Level:
  • Living Room: 15.60x17.20 Level:
  • Master Bedroom: 14.10x13.60 Level: Level 2 Above Grade
  • Office: 8.70x7.11 Level:
  • Other Room 1: 16.60x15.50 Level:
  • Other Room 2: 10.20x6.30 Level:
  • Other Room 3: 14.11x15.10 Level:
  • Porch: 25.70x7.50 Level:
  • Additional Room 1 Description: Study
  • Additional Room 2 Description: Bonus Room
  • Additional Room 3 Description: Living Area
  • Den Area: 152.550000
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 211.650000
  • Laundry Room Area: 56.800000
  • LivingRoom Area: 268.320000
  • Office Area: 61.857000
  • Est Other Room1 Dim: 16.600 x 15.500
  • Est Other Room2 Dim: 10.200 x 6.300
  • Est Other Room3 Dim: 14.110 x 15.100
  • Rec Room Dim: 0.000 x 0.000
  • Sunroom Dim: 0.000 x 0.000

Exterior Features

  • Roof: Metal
  • New Construction: Completed
  • Exterior Features: City View, Garden Space, Landscaped
  • Patio: 7.80x5.70 Level:

Garage/Parking

  • Garage Dim: 0.000 x 0.000

Utilities

  • Utility Electric: AEP/Appalachian Powr
  • Air Conditioner: Central Electric, Two-Zone
  • Sewer: City
  • Hot Water: City
  • Water Heater: Tankless

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors
  • Subdivision Complex: Garland Hill

Schools

  • School District: Lynchburg

Lot Info

  • Lot Sq Ft: 5458.00
  • Zoning: R-2

Tax Info

  • Estimated Taxes: 1950

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2019
Closed on
Oct 9, 2019
Sold by
Fuller Brady A and Fuller Tammy J
Bought by
Phillips Jason J and Phillips Suzanna M
Seller's Agent
Lisa Garrett
NextHome TwoFourFive
Buyer's Agent
Jocelyn Miller
Keeton & Co Real Estate
List Price
$424,900
Sold Price
$419,900
Premium/Discount to List
-$5,000
-1.18%
Current Estimated Value
$587,837

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$167,937
Avg. Annual Appreciation
5.75%
Original Mortgage
$319,000
Outstanding Balance
$279,460
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$308,377

Purchase Details

Closed on
Aug 30, 2011
Sold by
Us Bank National Assn
Bought by
Fuller Tammy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,400
Interest Rate
4.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 26, 2010
Sold by
Ubs Real Estate Securities Inc
Bought by
Us Bank Na

Purchase Details

Closed on
Feb 16, 2010
Sold by
Reardon James M and Kirby Mary Theresa
Bought by
Ubs Real Estate Securities Inc
Source: Public Records

Range of Values:

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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
Phillips Jason J $419,000 First American Title
Fuller Tammy J $89,250 None Available
Us Bank Na -- None Available
Ubs Real Estate Securities Inc $278,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Phillips Jason J $319,000
Previous Owner Fuller Tammy J $71,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/24/2019 10/24/19 Sold $419,900 -1.2% $77 / Sq Ft
09/23/2019 09/23/19 Pending -- -- --
08/29/2019 08/29/19 For Sale $424,900 -- $78 / 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 $4,701 $559,600 $53,100 $506,500
2024 $4,254 $478,000 $45,500 $432,500
2023 $4,254 $478,000 $45,500 $432,500
2022 $3,952 $383,700 $20,000 $363,700
2021 $4,259 $383,700 $20,000 $363,700
2020 $3,384 $304,900 $15,000 $289,900
2019 $1,948 $304,900 $15,000 $289,900
2018 $0 $300,200 $18,800 $281,400
2017 $1,948 $175,500 $18,800 $156,700
2016 $1,948 $175,500 $18,800 $156,700
2015 $1,461 $175,500 $18,800 $156,700
2014 $1,948 $175,500 $18,800 $156,700
Source: Public Records

Agents Affiliated with this Home

  • Lisa Garrett

    Seller's Agent in 2019

    Lisa Garrett

    NextHome TwoFourFive

    (434) 942-0729

    100 Total Sales

    Lisa Garrett
    Section Image
  • Jocelyn Miller

    Buyer's Agent in 2019

    Jocelyn Miller

    Keeton & Co Real Estate

    (434) 841-8405

    21 Total Sales

    Jocelyn Miller
    Section Image
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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 320686

APN: 023-31-007

Virginia Lynchburg City County Lynchburg 24504 Garland Hill

118 Madison St, Lynchburg, VA

Not Listed for Sale

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