NOT LISTED FOR SALE

137 Shannon Dr Madison Heights, VA 24572

Estimated Value: $221,077 - $273,000

4 Beds
2 Baths
2,107 Sq Ft
$122/Sq Ft Est. Value

Last Sold July 03, 2014

Last sale price $90,000 $43 Per Sq Ft

Est. 185% increase in value since last sale

Current estimated payment $1,405/month

339 Days on Market

Highlights

  • Creek or Stream View
  • Ranch Style House
  • Great Room
  • Living Room with Fireplace
  • Wood Flooring
  • Game Room

About This Home

As of July 2014

*****Reduced $30,000***** Agents please bring any and all offers.. Great opportunity to purchase a home with a full basement and potential to renovate the lower level apt. With TLC this could be a beautiful single family home or a home with a lower level apt. Also included is the adjoining vacant lot #42(see attached survey)

Last Agent to Sell the Property

Sandra McDaniel

Century 21 ALL-SERVICE License #0225048986 Listed on: 07/28/2013

Last Buyer's Agent

DeAnn Brown

Long & Foster-Forest License #0225064346

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $667

Year Built

  • Built in 1964

Lot Details

  • 0.51 Acre Lot
  • Fenced Yard
  • Property is zoned R2

Parking

  • Circular Driveway

Home Design

  • Ranch Style House
  • Shingle Roof

Interior Spaces

  • 2,107 Sq Ft Home
  • Multiple Fireplaces
  • Wood Burning Fireplace
  • Self Contained Fireplace Unit Or Insert
  • Great Room
  • Living Room with Fireplace
  • Game Room
  • Creek or Stream Views
  • Scuttle Attic Hole
  • Electric Range
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Finished Basement

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

Home Security

  • Storm Windows
  • Storm Doors

Schools

  • Amelon Elementary School
  • Monelison Midl Middle School
  • Amherst High School

Utilities

  • Window Unit Cooling System
  • Electric Baseboard Heater
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 147C543

Home Details

Home Type

Single Family

Est. Annual Taxes

$667

Year Built

Built in 1964

Lot Details

0

Listing Details

  • FILLACRES: 0.5090
  • Directions: Turn left off 29 N onto Oak Grove Dr (across from Pete's Auto Sales), take the first R onto Andrews Dr take first R onto Shannon DR, home is on the left.
  • Lot Measurement: Acres
  • Lot Sq Ft: 22172.00
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 147C543
  • Year Built: 1964
  • FullBathBelowGrade: 1
  • Heating System: Electric Baseboard
  • Building Stories: One
  • Dwelling Styles: Ranch
  • Officeden Len: 8.000
  • Officeden Wid: 22.000
  • Laundryroom Dim: 0.000 x 0.000
  • Living Room Dim: 17.000 x 12.000
  • Livingroom Len: 17.000
  • Livingroom Wid: 12.000
  • Masterbedroom Area: 168.000000
  • Master Bedroom Dim: 12.000 x 14.000
  • Masterbedroom Len: 12.000
  • Masterbedroom Wid: 14.000
  • Office Dim: 0.000 x 0.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 2.00
  • Bathrooms Display: 2 (2 0)
  • Lower Floor 1 Bedrooms: 4
  • Broker Approved: Yes
  • Legal Description: Lot 43 Foreston Manor 147C543
  • Reciprocal Listing: No
  • Second Bedroom: 12x12 Level: Level 1 Above Grade
  • Second Bedroom Area: 144.000000
  • Third Bedroom: 10x12 Level: Level 1 Above Grade
  • Third Bedroom Area: 120.000000
  • Fourth Bedroom: 12x10 Level: Below Grade
  • Fourth Bedroom Area: 120.000000
  • Above Grade Finished Sq Ft: 1053.00
  • ApplianceConvey: Range-Elec, Refrigerator
  • Has Attic: Scuttle
  • Has Basement: Apartment, Exterior Entrance, Finished, Fireplace, Full, Game Room, Heated, Interior Entrance, Walkout
  • Breakfast Area: 9x12 Level: Level 1 Above Grade
  • Flooring: Carpet, Hardwood, Vinyl
  • Year Built Exception: 0
  • Deck: 13x8 Level: Level 1 Above Grade
  • Den: 8x22 Level: Below Grade
  • Family Room: 15x8 Level: Below Grade
  • Fireplace: 2 Fireplaces, Living Room, Stove Insert, Wood Burning
  • Level 1 Full Bathrooms: 1
  • Interior Amenities: Apartment, Cable Available, Drywall, Great Room, Main Level Bedroom, Pantry
  • Dining Kitchen: 10x9 Level: Level 1 Above Grade
  • Laundry: Basement, Dryer Connection, Washer Connections
  • Living Room: 17x12 Level: Level 1 Above Grade
  • Master Bedroom: 12x14 Level: Level 1 Above Grade
  • Porch: 5x22 Level: Level 1 Above Grade
  • Den Area: 176.000000
  • FamilyRoom Area: 120.000000
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 90.000000
  • LivingRoom Area: 204.000000
  • 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

  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: Circular Drive, Paved Drive, Fenced Yard, Storm Windows, Storm Doors, Stream/Creek

Garage/Parking

  • Garage Dim: 0.000 x 0.000

Utilities

  • Air Conditioner: Window Unit(s)
  • Sewer: Septic Tank
  • Hot Water: County
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors

Schools

  • Elementary School: Amelon Elem
  • High School: Amherst High
  • Middle School: Monelison Midl
  • School District: Amherst

Lot Info

  • Lot Sq Ft: 2107.00
  • Zoning: R2

Tax Info

  • Estimated Taxes: 667

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2013
Closed on
Jun 24, 2014
Sold by
Hurst Wanda B
Bought by
Lipscomb Samantha Josephine
Seller's Agent
Sandra McDaniel
Century 21 ALL-SERVICE
Buyer's Agent
DeAnn Brown
Long & Foster-Forest
List Price
$149,900
Sold Price
$90,000
Premium/Discount to List
-$59,900
-39.96%
Current Estimated Value
$256,769

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$166,769
Avg. Annual Appreciation
9.69%
Original Mortgage
$3,150
Outstanding Balance
$2,395
Interest Rate
4.19%
Mortgage Type
Stand Alone Second
Estimated Equity
$254,374
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
Lipscomb Samantha Josephine $90,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lipscomb Samantha Josephine $3,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/03/2014 07/03/14 Sold $90,000 -40.0% $43 / Sq Ft
07/02/2014 07/02/14 Pending -- -- --
07/28/2013 07/28/13 For Sale $149,900 -- $71 / 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 $651 $106,800 $25,000 $81,800
2024 $651 $106,800 $25,000 $81,800
2023 $651 $106,800 $25,000 $81,800
2022 $651 $106,800 $25,000 $81,800
2021 $651 $106,800 $25,000 $81,800
2020 $651 $106,800 $25,000 $81,800
2019 $731 $119,900 $31,000 $88,900
2018 $731 $119,900 $31,000 $88,900
2017 $724 $117,400 $28,500 $88,900
2016 $716 $117,400 $28,500 $88,900
2015 $657 $117,400 $28,500 $88,900
2014 $657 $117,400 $28,500 $88,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 280193

APN: 147C-5-43