NOT LISTED FOR SALE

131 Madison Cir Locust Grove, VA 22508

Estimated Value: $339,857 - $375,000

2 Beds
1.5 Baths
1,150 Sq Ft
$308/Sq Ft Est. Value

Last Sold June 20, 2019

Last sale price $205,000 $178 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $2,231/month

182 Days on Market

Highlights

  • Lake Front
  • Beach
  • Community Stables
  • Boat Ramp
  • Golf Club
  • Bar or Lounge

About This Home

As of June 2019

Waterviews and waiting for you! Come enjoy all the Lake has to offer you and your family! Whether you are looking for full-time living in a Lake community or a convenient getaway within an hour of D.C., this home is sure to please! 2 large bedrooms, front and back deck, nicely landscaped for minimal maintenance. Call today for your private showing! Move-in Ready!!!

Last Listed By

Jenny Lloyd

Cropper Home Sales, LLC License #0225092377 Listed on: 11/14/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,257

Year Built

  • Built in 1982

Lot Details

  • Lake Front
  • Landscaped
  • Premium Lot
  • Backs to Trees or Woods
  • Property is in very good condition
  • Property is zoned R3

HOA Fees

  • $132 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Front Facing Garage
  • Gravel Driveway
  • Off-Street Parking

Home Design

  • Rambler Architecture
  • Cedar

Interior Spaces

  • 1,150 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Combination Dining and Living Room
  • Carpet
  • Water Views
  • Flood Lights
  • Electric Oven or Range
  • Attic

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Primary Bedroom

Laundry

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

Outdoor Features

  • Water Oriented
  • Property is near a lake
  • Deck
  • Patio

Schools

  • Locust Grove Elementary And Middle School

Utilities

  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 129
  • Assessor Parcel Number 000002000

Community Details

Overview

  • Association fees include management, reserve funds, security gate, road maintenance, pool(s)
  • Lake Of The Woods Association, Phone Number (540) 972-2237
  • Lake Of The Woods Subdivision
  • Community Lake

Amenities

  • Picnic Area
  • Common Area
  • Clubhouse
  • Community Center
  • Community Dining Room
  • Recreation Room
  • Bar or Lounge

Recreation

  • Boat Ramp
  • Boat Dock
  • Beach
  • Golf Club
  • Golf Course Community
  • Baseball Field
  • Soccer Field
  • Community Basketball Court
  • Community Pool
  • Putting Green
  • Community Stables
  • Horse Trails

Security

  • Security Service

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,257

Year Built

Built in 1982

Lot Details

0

HOA Fees

$132 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice
  • New Construction: No
  • Story List: Main
  • Year Built: 1982
  • Remarks Public: Waterviews and waiting for you! Come enjoy all the Lake has to offer you and your family! Whether you are looking for full-time living in a Lake community or a convenient getaway within an hour of D.C., this home is sure to please! 2 large bedrooms, front and back deck, nicely landscaped for minimal maintenance. Call today for your private showing! Move-in Ready!!!
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Appliances: Dryer, Oven/Range - Electric, Refrigerator, Washer, Water Heater
  • Flooring Type: Carpet
  • Interior Amenities: Attic, Combination Dining/Living, Floor Plan - Open
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall
  • Entry Location: Living Room
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Laundry
  • Basement: No
  • Laundry Type: Main Floor
  • Living Area Units: Square Feet
  • Total Sq Ft: 1150
  • Living Area Sq Ft: 1150
  • Price Per Sq Ft: 186.09
  • Above Grade Finished Sq Ft: 1150
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 131

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Cedar
  • Exterior Features: Flood Lights
  • Road Surface Type: Approved, Tar And Chip
  • View: Water
  • Water Access: No
  • Water Body Name: MAIN LAKE
  • Water Body Type: Lake
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Gravel Driveway
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Off Street, Attached Garage

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 1581.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Baseball Field, Bar/Lounge, Basketball Courts, Beach, Boat Ramp, Boat Dock/Slip, Club House, Common Grounds, Community Center, Dining Rooms, Golf Club, Golf Course, Horse Trails, Lake, Picnic Area, Pool - Outdoor, Putting Green, Recreational Center, Riding/Stables, Security, Soccer Field
  • HOA Condo Co-Op Fee Includes: Management, Reserve Funds, Security Gate, Road Maintenance, Pool(s)
  • HOA Name: LAKE OF THE WOODS ASSOCIATION
  • HOA Phone: 540-972-2237
  • HOA: Yes
  • Senior Community: No

Schools

  • School District: ORANGE COUNTY PUBLIC SCHOOLS
  • Elementary School: LOCUST GROVE
  • Middle School: LOCUST GROVE
  • School District Key: 121141052477
  • Elementary School: LOCUST GROVE
  • Middle Or Junior School: LOCUST GROVE

Lot Info

  • Improvement Assessed Value: 106300.00
  • Land Assessed Value: 50000.00
  • Lot Features: Backs To Trees, Landscaping, Premium
  • Lot Size Units: Square Feet
  • Outdoor Living Structures: Deck(s), Patio(s)
  • Property Condition: Very Good
  • Year Assessed: 2016
  • Zoning: R3
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 18818191
  • Tax Annual Amount: 1256.65
  • Assessor Parcel Number: 000002000
  • Tax Lot: 129
  • Tax Total Finished Sq Ft: 1088
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2018
  • Close Date: 06/20/2019

Multi Family

  • Dock Slip Conveyance: None Available

MLS Schools

  • School District Name: ORANGE COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2018
Closed on
Jun 20, 2019
Sold by
Pham Nhan Luu and Thi Nquven Thanh Xuan
Bought by
Hoffman Richard A and Hoffman Sandra H
Seller's Agent
Jenny Lloyd
Cropper Home Sales, LLC
Buyer's Agent
Jean Westholt
Coldwell Banker Elite
List Price
$219,000
Sold Price
$205,000
Premium/Discount to List
-$14,000
-6.39%
Total Days on Market
182
Current Estimated Value
$354,214

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$149,214
Avg. Annual Appreciation
9.64%
Original Mortgage
$198,850
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 24, 2006
Sold by
Quigley James D and Quigley Lynnette
Bought by
Pham Nhan Luu and Nguyen Thanh Xuan Thi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
6.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 23, 2005
Sold by
Quigley Lynnette and Quigley James
Bought by
Quigley Lynette and Quigley James D

Range of Values:

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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
Hoffman Richard A $205,000 Lakeside T&E Llc
Pham Nhan Luu $220,000 None Available
Quigley Lynette -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hoffman Richard A $102,000
Closed Hoffman Richard A $150,000
Closed Hoffman Richard A $198,850
Previous Owner Pham Nhan Luu $158,000
Previous Owner Pham Nhan Luu $176,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2019 06/20/19 Sold $205,000 -4.2% $178 / Sq Ft
05/15/2019 05/15/19 Pending -- -- --
04/30/2019 04/30/19 Price Changed $214,000 -2.3% $186 / Sq Ft
03/01/2019 03/01/19 For Sale $219,000 +6.8% $190 / Sq Ft
03/01/2019 03/01/19 Off Market $205,000 -- --
02/22/2019 02/22/19 Price Changed $219,000 -2.6% $190 / Sq Ft
11/14/2018 11/14/18 For Sale $224,900 -- $196 / Sq Ft
Source: Bright MLS

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 $1,395 $183,000 $50,000 $133,000
2023 $1,395 $183,000 $50,000 $133,000
2022 $1,373 $183,000 $50,000 $133,000
2021 $1,318 $183,000 $50,000 $133,000
2020 $1,318 $183,000 $50,000 $133,000
2019 $1,257 $156,300 $50,000 $106,300
2018 $1,257 $156,300 $50,000 $106,300
2017 $1,257 $156,300 $50,000 $106,300
2016 $1,257 $156,300 $50,000 $106,300
2015 -- $147,500 $50,000 $97,500
2014 -- $147,500 $50,000 $97,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: VAOR100162

Bright MLS

APN: 012-A0-00-04-0129-0