NOT LISTED FOR SALE

137 Madison Cir Locust Grove, VA 22508

Estimated Value: $424,339 - $496,000

3 Beds
2 Baths
2,489 Sq Ft
$186/Sq Ft Est. Value

Last Sold January 06, 2012

Last sale price $105,000 $42 Per Sq Ft

Est. 342% increase in value since last sale

Current estimated payment $2,821/month

57 Days on Market

Highlights

  • Water Views
  • Deck
  • Traditional Floor Plan
  • Water Access
  • Wooded Lot
  • Raised Ranch Architecture

About This Home

As of January 2012

Raised Rembler w/3 BR, 2 Baths. Water views from deck. Nice 1/2 acre lot. Gated Community w/lake, swimming, horsebck riding, golf, etc. Needs work.

Last Agent to Sell the Property

Rita Gibbons

MacDoc Realty LLC Listed on: 07/28/2011

Last Buyer's Agent

Ulysses Reed

Promised Land Realty License #Pb98357913

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,314

Year Built

  • Built in 1969

Lot Details

  • Wooded Lot
  • Property is in below average condition
  • Property is zoned R3

HOA Fees

  • $98 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Off-Street Parking

Home Design

  • Raised Ranch Architecture
  • Wood Siding

Interior Spaces

  • Property has 2 Levels
  • Traditional Floor Plan
  • 2 Fireplaces
  • Family Room
  • Combination Dining and Living Room
  • Water Views
  • Galley Kitchen

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Side Basement Entry

Outdoor Features

  • Water Access
  • Deck

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • Lake Of The Woods Subdivision

Listing and Financial Details

  • Tax Lot 131
  • Assessor Parcel Number 000002002

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,314

Year Built

Built in 1969

Lot Details

0

HOA Fees

$98 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Raised Ranch/Rambler
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1969
  • Remarks Public: Raised Rembler w/3 BR, 2 Baths. Water views from deck. Nice 1/2 acre lot. Gated Community w/lake, swimming, horsebck riding, golf, etc. Needs work.
  • Special Features: 12
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Kitchen - Galley, Combination Dining/Living, Floor Plan - Traditional
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room
  • Basement: Yes
  • Basement Type: Side Entrance, Full, Fully Finished
  • Living Area Units: Square Feet
  • Street Number Modifier: 137

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Construction Materials: Wood Siding
  • Construction Completed: No
  • View: Water
  • Water Access: Yes
  • Water Body Name: LAKE OF THE WOODS
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Garage
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 1175.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes

Lot Info

  • Improvement Assessed Value: 163100.00
  • Land Assessed Value: 105000.00
  • Lot Features: Trees/Wooded
  • Lot Size Units: Square Feet
  • Outdoor Living Structures: Deck(s)
  • Property Condition: Below Average
  • Year Assessed: 2007
  • Zoning: R3

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 18826047
  • Tax Annual Amount: 1313.69
  • Assessor Parcel Number: 000002002
  • Tax Lot: 131
  • Tax Page Number: USL-4
  • Tax Total Finished Sq Ft: 1201
  • County Tax Payment Frequency: Annually
  • Tax Year: 2010
  • Close Date: 01/06/2012

Multi Family

  • Dock Slip Conveyance: None Available

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 5, 2020
Sold by
Reed Terin and Reed Yvonne P
Bought by
Staten Janice
Total Days on Market
57
Current Estimated Value
$464,085

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,500
Outstanding Balance
$248,360
Interest Rate
3.3%
Mortgage Type
Construction
Estimated Equity
$196,565

Purchase Details

Closed on
Mar 15, 2013
Sold by
Reed Terin
Bought by
Reed Terin and Reed Ulysses

Purchase Details

Listed on
Jul 28, 2011
Closed on
Jan 6, 2012
Sold by
Plamp Elmer Ralp and Plamp Jennifer L
Bought by
Reed Terin
Seller's Agent
Rita Gibbons
MacDoc Realty LLC
Buyer's Agent
Ulysses Reed
Promised Land Realty
List Price
$105,000
Sold Price
$105,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.26%
Original Mortgage
$102,338
Interest Rate
4.4%
Mortgage Type
FHA
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
Staten Janice $290,000 North American Title
Reed Terin -- None Available
Reed Terin $105,000 Old Republic National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Staten Janice $90,000
Open Staten Janice $275,500
Previous Owner Reed Terin $127,500
Previous Owner Reed Terin $102,338
Previous Owner Plamp Elmer Ralph $205,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/06/2012 01/06/12 Sold $105,000 +23.5% $42 / Sq Ft
10/29/2011 10/29/11 Pending -- -- --
10/29/2011 10/29/11 Price Changed $85,000 -10.5% $34 / Sq Ft
09/26/2011 09/26/11 Price Changed $95,000 -9.5% $38 / Sq Ft
09/01/2011 09/01/11 Price Changed $105,000 0.0% $42 / Sq Ft
09/01/2011 09/01/11 For Sale $105,000 -- $42 / Sq Ft
07/28/2011 07/28/11 Pending -- -- --
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 $1,925 $256,600 $50,000 $206,600
2023 $1,925 $256,600 $50,000 $206,600
2022 $1,925 $256,600 $50,000 $206,600
2021 $1,848 $256,600 $50,000 $206,600
2020 $1,848 $256,600 $50,000 $206,600
2019 $1,787 $222,300 $50,000 $172,300
2018 $1,787 $222,300 $50,000 $172,300
2017 $1,606 $222,300 $50,000 $172,300
2016 $1,606 $199,700 $50,000 $149,700
2015 $1,220 $177,300 $50,000 $127,300
2014 $1,220 $177,300 $50,000 $127,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1004532658

Bright MLS

APN: 012-A0-00-04-0131-0