NOT LISTED FOR SALE

126 Penn Ln Madison Heights, VA 24572

Madison Heights Area

Estimated Value: $284,000 - $354,917

3 Beds
3 Baths
2,104 Sq Ft
$151/Sq Ft Est. Value

Sale Details

Date Sold: November 6, 2017

Last sale price $202,000 $96 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $1,895 / mo

33 Days on Market

Highlights

  • 2.3 Acre Lot
  • Great Room
  • Laundry Room
  • Wood Flooring
  • Walk-In Closet
  • En-Suite Primary Bedroom

About This Home

As of November 2017

Open concept living with ease of access is what 126 Penn Lane provides. This immaculate home sits on over 2 acres and offers three bedrooms with three full baths. The hardwood floors are pristine and continue into the spacious eat-in kitchen. There you will find beautiful granite counter tops and stainless steel appliances. A very spacious family room. Not to mention that your laundry will have a room all of it's own. Enjoy grilling on the walkout patio, or enjoy the evening on the deck. You can not go wrong with the convenience that this property allows to Route 29 and the Bypass. So, come home and unwind at 126 Penn Lane.

Last Agent to Sell the Property

KRISTIN WOOD

Montague Miller And Co.-Amher License #0225223247 Listed on: 09/21/2017

Last Buyer's Agent

CHRISTINA HOLMES

Keller Williams License #0225218615

Keller Williams

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $949

Year Built

  • Built in 2015

Lot Details

  • 2.3 Acre Lot
  • Landscaped
  • Garden

Home Design

  • Split Foyer
  • Shingle Roof

Interior Spaces

  • 2,104 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Great Room
  • Laundry Room

Kitchen

  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

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

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Laundry in Basement

Home Security

  • Storm Doors
  • Fire and Smoke Detector

Outdoor Features

  • Outdoor Storage

Schools

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

Utilities

  • Heat Pump System
  • Underground Utilities
  • Electric Water Heater
  • Septic Tank

Community Details

  • Mayfield Acres Subdivision

Listing and Financial Details

  • Assessor Parcel Number 16126

Home Details

Home Type

Single Family

Est. Annual Taxes

$949

Year Built

Built in 2015

Lot Details

2.3 Acres

Listing Details

  • FILLACRES: 2.3020
  • BuildingOnProperty: Storage Building
  • Directions: From Lynchburg Route 29 North to Wright Shop Road Exit, Take Right at Top of Ramp, Left onto Wright Shop Road at Light, Right on Penn Lane, Property on Right
  • Lot Measurement: Acres
  • Lot Sq Ft: 100275.00
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 16126
  • Year Built: 2015
  • FullBathBelowGrade: 1
  • Heating System: Heat Pump
  • Building Stories: Two
  • Dwelling Styles: Split Foyer
  • Foyer Area: 24.000000
  • Laundryroom Dim: 10.000 x 10.000
  • Laundryroom Len: 10.000
  • Living Room Dim: 15.000 x 15.000
  • Livingroom Len: 15.000
  • Livingroom Wid: 15.000
  • Masterbedroom Area: 196.000000
  • Master Bedroom Dim: 14.000 x 14.000
  • Masterbedroom Len: 14.000
  • Masterbedroom Wid: 14.000
  • Office Dim: 0.000 x 0.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 3.00
  • Bathrooms Display: 3 (3 0)
  • Lower Floor 1 Bedrooms: 3
  • Broker Approved: Yes
  • Legal Description: Parcel ID 161 2 6, DB 1274 62, Lot 6 Mayfield Acres
  • Reciprocal Listing: No
  • Second Bedroom: 12x10 Level: Level 1 Above Grade
  • Second Bedroom Area: 120.000000
  • Third Bedroom: 12x12 Level: Below Grade
  • Third Bedroom Area: 144.000000
  • Above Grade Finished Sq Ft: 1052.00
  • ApplianceConvey: Dishwasher, Microwave, Range-Elec, Refrigerator, Self Cleaning Oven
  • Has Attic: Other
  • Has Basement: Exterior Entrance, Finished, Full, Interior Entrance, Walkout
  • Flooring: Carpet, Hardwood, Laminate
  • Year Built Exception: 0
  • Deck: 10x10 Level: Level 1 Above Grade
  • Family Room: 20x15 Level: Below Grade
  • Foyer: 6x4 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 2
  • Interior Amenities: Ceiling Fan(s), Drywall, Great Room, Master Bed w/ Bath, Smoke Alarm, Walk-In Closet(s)
  • Dining Kitchen: 15x10 Level: Level 1 Above Grade
  • Laundry: Basement, Laundry Room
  • Laundry Room: 10x10 Level: Below Grade
  • Living Room: 15x15 Level: Level 1 Above Grade
  • Master Bedroom: 14x14 Level: Level 1 Above Grade
  • FamilyRoom Area: 300.000000
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 150.000000
  • Laundry Room Area: 100.000000
  • LivingRoom Area: 225.000000
  • 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

  • Lot Number: 6
  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: Paved Drive, Garden Space, Landscaped, Storm Doors, Insulated Glass, Undergrnd Utilities

Garage/Parking

  • Garage Dim: 0.000 x 0.000

Utilities

  • Air Conditioner: Heat Pump
  • Sewer: Septic Tank
  • Hot Water: County
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors
  • Subdivision Complex: Mayfield Acres

Schools

  • Elementary School: Madison Heights Elem
  • High School: Amherst High
  • Middle School: Monelison Midl
  • School District: Amherst

Lot Info

  • Lot Sq Ft: 2104.00

Tax Info

  • Estimated Taxes: 949

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2017
Closed on
Oct 23, 2017
Sold by
Russ Tanner D and Russ Alicia R
Bought by
Seller's Agent
KRISTIN WOOD
Montague Miller And Co.-Amher
Buyer's Agent
CHRISTINA HOLMES
Keller Williams
List Price
$199,500
Sold Price
$202,000
Premium/Discount to List
$2,500
1.25%
Current Estimated Value
$317,729

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,729
Avg. Annual Appreciation
5.28%
Original Mortgage
$195,940
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 10, 2013
Sold by
Williams Pearl Toney
Bought by
Kevin Mays Construction Inc
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Madison Heights, VA

  • Mickey Herzing Real Estate Agent - Mark A. Dalton & Co., Inc.

    Mickey Herzing

    Mark A. Dalton & Co., Inc.

    (434) 771-1920

    127 Total Sales

    4 in Madison Heights

    $215K - $280K Price Range

    Mickey Herzing
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  • FRANCESCA SAN GIORGIO Real Estate Agent - FOUR SEASONS REALTY 1

    FRANCESCA SAN GIORGIO

    FOUR SEASONS REALTY 1

    (434) 443-8531

    140 Total Sales

    1 in Madison Heights

    $350,000 Price

    FRANCESCA SAN GIORGIO
     Section Image
  • DON MARR Real Estate Agent - NEXTHOME TWOFOURFIVE

    DON MARR

    NEXTHOME TWOFOURFIVE

    (434) 771-2354

    80 Total Sales

    7 in Madison Heights

    $11K - $300K Price Range

    DON MARR
     Section Image
  • Jarrod Hines Real Estate Agent - REAL BROKER LLC - MCLEAN

    Jarrod Hines

    REAL BROKER LLC - MCLEAN

    (540) 831-3727

    71 Total Sales

    1 in Madison Heights

    $250,000 Price

    Jarrod Hines
     Section Image
  • Stacey Angel Real Estate Agent - STACEY ANGEL REAL ESTATE

    Stacey Angel

    Responds Quickly

    STACEY ANGEL REAL ESTATE

    (434) 771-1762

    91 Total Sales

    1 in Madison Heights

    $257,500 Price

    Stacey Angel
     Section Image
  • Daniel Kellett Real Estate Agent - Re/Max 1st Olympic

    Daniel Kellett

    Re/Max 1st Olympic

    (434) 215-0793

    66 Total Sales

    1 in Madison Heights

    $220,000 Price

    Daniel Kellett
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$202,000 Advantage Title & Closing
Kevin Mays Construction Inc $20,000 None Available
Kevin Mays Construction Inc $20,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $202,053
Closed Shoemaker Michael $195,940
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/06/2017 11/06/17 Sold $202,000 +1.3% $96 / Sq Ft
10/24/2017 10/24/17 Pending -- -- --
09/21/2017 09/21/17 For Sale $199,500 +16.1% $95 / Sq Ft
05/19/2015 05/19/15 Sold $171,900 -1.7% $82 / Sq Ft View Prior Sale
04/22/2015 04/22/15 Pending -- -- --
01/09/2015 01/09/15 For Sale $174,900 -- $83 / Sq Ft
Source: Lynchburg Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $1,807 $190,500 $34,000 $156,500
2025 $1,162 $190,500 $34,000 $156,500
2024 $1,162 $190,500 $34,000 $156,500
2023 $1,162 $190,500 $34,000 $156,500
2022 $1,162 $190,500 $34,000 $156,500
2021 $1,162 $190,500 $34,000 $156,500
2020 $1,162 $190,500 $34,000 $156,500
2019 $949 $155,600 $35,000 $120,600
2018 $949 $155,600 $35,000 $120,600
2017 $949 $155,600 $35,000 $120,600
2016 $949 $155,600 $35,000 $120,600
2015 $871 $29,000 $29,000 $0
2014 $162 $29,000 $29,000 $0
Source: Public Records

Agents Affiliated with this Home

  • KRISTIN WOOD Real Estate Agent - Montague Miller And Co.-Amher

    Seller's Agent in 2017

    KRISTIN WOOD

    Montague Miller And Co.-Amher

    (434) 942-4680

    43 Total Sales

    KRISTIN WOOD
    Section Image
  • CHRISTINA HOLMES Real Estate Agent - Keller Williams

    Buyer's Agent in 2017

    CHRISTINA HOLMES

    Keller Williams

    (434) 426-5410

    250 Total Sales

    CHRISTINA HOLMES
    Section Image

  • AH

    Seller's Agent in 2015

    Angie Holt

    Key to Your Heart Realty

    (434) 841-0506

    117 Total Sales

    Angie Holt
    Section Image

  • LB

    Buyer's Agent in 2015

    Linda Bateman

    Century 21 ALL-SERVICE-FOR

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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 307799

APN: 161-2-6

Virginia Amherst County Madison Heights 24572

126 Penn Ln, Madison Heights, VA

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