NOT LISTED FOR SALE

120 Wells Rd Madison Heights, VA 24572

Estimated Value: $173,428 - $210,000

2 Beds
1 Bath
1,025 Sq Ft
$188/Sq Ft Est. Value

Last Sold August 31, 2016

Last sale price $104,000 $101 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $1,063/month

36 Days on Market

Highlights

  • Ranch Style House
  • Attic
  • Home Security System
  • Wood Flooring
  • Separate Outdoor Workshop
  • Forced Air Heating and Cooling System

About This Home

As of August 2016

Extremely Convenient Location - barely a mile from downtown but in the County you will find this Darling 2 BR home with Living Room and Den with gas log fp + a Dining Room or Office with Closet! This home is truly in Great Condition - the Bath has been renovated, Windows replaced, Newer Roof, 3 storm Doors with drop down hidden top screens, Floored attic with 2 windows and pull down stairs. Outside there is a Very level yard, a 22 x 12 workshop with electricity, 1 enclosed shed for lawn equipment and such PLUS an open one perfect for children's bikes, a motorcycle or you could even park a smaller car inside! And there is a Crawlspace that you can stand in for extra storage. Don't Delay, call right away!

Last Agent to Sell the Property

Teresa Hudson

John Stewart Walker, Inc License #0225170883 Listed on: 06/30/2016

Last Buyer's Agent

J Wayne Henson

Century 21 ALL-SERVICE-FOR License #0225160646

Century 21 ALL-SERVICE-FOR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $432

Year Built

  • Built in 1949

Lot Details

  • 6,534 Sq Ft Lot
  • Property is zoned R1

Home Design

  • Ranch Style House
  • Shingle Roof

Interior Spaces

  • 1,025 Sq Ft Home
  • Ceiling Fan
  • Living Room with Fireplace
  • Den with Fireplace
  • Electric Range

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Attic

  • Attic Floors
  • Pull Down Stairs to Attic

Basement

  • Exterior Basement Entry
  • Crawl Space

Home Security

  • Home Security System
  • Storm Doors
  • Fire and Smoke Detector

Outdoor Features

  • Separate Outdoor Workshop
  • Outdoor Storage

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 155D589

Home Details

Home Type

Single Family

Est. Annual Taxes

$432

Year Built

Built in 1949

Lot Details

0

Listing Details

  • FILLACRES: 0.1500
  • BuildingOnProperty: Storage Building, Workshop
  • Directions: 29N Business from downtown bridge, 1.3 miles to 2nd Exit #163, Right on S Amherst Highway, Wells Rd is the 3rd right OR 29S through Madison Heights to L at stoplight for McDonalds, L on Wells Road.
  • Lot Measurement: Acres
  • Lot Sq Ft: 6534.00
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 155D589
  • Year Built: 1949
  • Heating System: Forced Warm Air-Oil
  • Building Stories: One
  • Dwelling Styles: Ranch
  • Officeden Len: 13.000
  • Officeden Wid: 11.000
  • Laundryroom Dim: 0.000 x 0.000
  • Living Room Dim: 18.000 x 11.000
  • Livingroom Len: 18.000
  • Livingroom Wid: 11.000
  • Masterbedroom Area: 120.000000
  • Master Bedroom Dim: 12.000 x 10.000
  • Masterbedroom Len: 12.000
  • Masterbedroom Wid: 10.000
  • Office Dim: 0.000 x 0.000
  • Other Room1 Area: 264.000000
  • Other Room1 Len: 22.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 1.00
  • Bathrooms Display: 1 (1 0)
  • Lower Floor 1 Bedrooms: 2
  • Broker Approved: Yes
  • Legal Description: Lot 8 & 9 Wills Lot
  • Reciprocal Listing: No
  • Second Bedroom: 12x9 Level: Level 1 Above Grade
  • Second Bedroom Area: 108.000000
  • Above Grade Finished Sq Ft: 1025.00
  • ApplianceConvey: Range-Elec, Refrigerator
  • Has Attic: Floored, Pull Down, Windows
  • Has Basement: Crawl Space, Exterior Entrance
  • Flooring: Carpet, Hardwood, Laminate, Tile
  • Year Built Exception: 0
  • Den: 13x11 Level: Level 1 Above Grade
  • Fireplace: 1 Fireplace, Den, Living Room
  • Formal Dining: 9x8 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 1
  • Interior Amenities: Ceiling Fan(s), Main Level Bedroom, Main Level Den, Pantry, Security System, Smoke Alarm
  • Dining Kitchen: 11x9 Level: Level 1 Above Grade
  • Laundry: Dryer Connection, Main Level, Washer Connections
  • Living Room: 18x11 Level: Level 1 Above Grade
  • Master Bedroom: 12x10 Level: Level 1 Above Grade
  • Other Room 1: 22x12 Level: Level 1 Above Grade
  • Additional Room 1 Description: Shed
  • Den Area: 143.000000
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 99.000000
  • LivingRoom Area: 198.000000
  • Est Other Room1 Dim: 22.000 x 12.000
  • 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: Storm Doors, Insulated Glass

Garage/Parking

  • Garage Dim: 0.000 x 0.000

Utilities

  • Air Conditioner: Central Electric
  • Sewer: County
  • 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: 1025.00
  • Zoning: R1

Tax Info

  • Estimated Taxes: 432

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2016
Closed on
Aug 4, 2016
Sold by
Jamerson Alice W
Bought by
Burks Margaret J
Seller's Agent
Teresa Hudson
John Stewart Walker, Inc
Buyer's Agent
J Wayne Henson
Century 21 ALL-SERVICE-FOR
List Price
$109,900
Sold Price
$104,000
Premium/Discount to List
-$5,900
-5.37%
Current Estimated Value
$193,107

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,107
Avg. Annual Appreciation
6.88%
Original Mortgage
$106,940
Outstanding Balance
$85,160
Interest Rate
3.42%
Mortgage Type
New Conventional
Estimated Equity
$107,947
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
Burks Margaret J $104,000 Mountain View Settlement
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burks Margaret J $106,940
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2016 08/31/16 Sold $104,000 -5.4% $101 / Sq Ft
08/05/2016 08/05/16 Pending -- -- --
06/30/2016 06/30/16 For Sale $109,900 -- $107 / 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 $562 $92,100 $17,500 $74,600
2024 $562 $92,100 $17,500 $74,600
2023 $551 $90,300 $17,500 $72,800
2022 $551 $90,300 $17,500 $72,800
2021 $551 $90,300 $17,500 $72,800
2020 $551 $90,300 $17,500 $72,800
2019 $471 $77,200 $23,500 $53,700
2018 $471 $77,200 $23,500 $53,700
2017 $235 $77,200 $23,500 $53,700
2016 $471 $77,200 $23,500 $53,700
2015 $216 $77,200 $23,500 $53,700
2014 $216 $77,200 $23,500 $53,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 299666

APN: 155D-5-8,9