NOT LISTED FOR SALE

140 Grove Ave Madison Heights, VA 24572

Estimated Value: $248,191 - $311,000

3 Beds
1 Bath
1,497 Sq Ft
$177/Sq Ft Est. Value

Last Sold December 09, 2024

Last sale price $237,500 $159 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $1,474/month

Highlights

  • Wood Flooring
  • Walk-In Closet
  • Ceiling Fan
  • Fireplace
  • Outdoor Storage
  • 1-Story Property

About This Home

As of December 2024

Welcome to your cozy retreat! The freshly painted exterior enhances its curb appeal, while the inviting interior has been lovingly updated to maximize living space. This beautifully renovated 3-bedroom ranch is perfect for those seeking main-level living! Step inside the convenient sunroom to discover an open kitchen, dining, and living area, ideal for entertaining and family gatherings. The spacious primary bedroom has been redesigned to maximize living space, featuring a cozy fireplace, a comfortable seating area, and a huge walk-in closet, truly a private oasis. The nice, flat backyard provides ample space for outdoor activities, gardening, or simply relaxing in the fresh air. Located right in Madison Heights and minutes from Lynchburg, you'll enjoy easy access to shopping, dining, and local attractions. Don't miss this gem- schedule your showing today!

Last Agent to Sell the Property

Addison Brafford

Elite Realty License #0225245385 Listed on: 10/23/2024

Last Buyer's Agent

James Harrington

City Properties 2 LLC License #0225259317

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $461

Year Built

  • Built in 1926

Lot Details

  • 0.5

Home Design

  • Shingle Roof

Interior Spaces

  • 1,497 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Fireplace
  • Walkup Attic

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Basement

  • Partial Basement
  • Interior and Exterior Basement Entry
  • Sump Pump
  • Crawl Space

Schools

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

Utilities

  • Heat Pump System
  • Electric Water Heater
  • Septic Tank

Additional Features

  • Outdoor Storage
  • 0.5 Acre Lot

Community Details

  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 155C1F2

Home Details

Home Type

Single Family

Est. Annual Taxes

$461

Year Built

Built in 1926

Lot Details

0

Listing Details

  • BuildingOnProperty: Storage Building
  • Directions: From Downtown, Rt 29N Business, L on Grove Ave. in Madison Heights beside Biscuitville.
  • Internet Providers: Comcast/Xfinity
  • Days On Market: No
  • Prop. Type: Residential
  • Year Built: 1926
  • Garage Yn: No
  • Property Sub-Type: Single Family Residence
  • Above Grade Finished Sq Ft: 1497.00
  • Architectural Style: Ranch
  • Laundryroom Dim: 0.000 x 0.000
  • Office Dim: 0.000 x 0.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 1.00
  • Bathrooms Display: 1 (1 0)
  • Broker Approved: Yes
  • Reciprocal Listing: No
  • Has Attic: Walk-Up Stairs
  • Has Basement: Crawl Space, Exterior Entrance, Interior Entrance, Partial, Sump Pump, Other
  • Flooring: Hardwood, Tile
  • Level 1 Full Bathrooms: 1
  • Interior Amenities: Ceiling Fan(s), Main Level Bedroom, Main Level Den, Walk-In Closet(s)
  • Dining Kitchen: 14.60x12 Level: Level 1 Above Grade
  • Laundry: Dryer Connection, Laundry Closet, Main Level, Washer Connections
  • Living Room: 14x11 Level: Level 1 Above Grade
  • Master Bedroom: 11x22 Level: Level 1 Above Grade
  • Other Room 1: 7x11 Level: Level 1 Above Grade
  • Sun Room: 14x6 Level: Level 1 Above Grade
  • Appliances: Dishwasher, Range-Elec, Refrigerator
  • Fireplace: 1 Fireplace
  • Stories: One
  • Third Bedroom: 12x11 Level: Level 1 Above Grade
  • Second Bedroom: 14x11 Level: Level 1 Above Grade
  • Room Bedroom3 Area: 132.000000
  • Room Master Bedroom Area: 242.000000
  • Room Kitchen Area: 175.200000
  • Room Living Room Area: 154.000000
  • Room Bedroom2 Area: 154.000000
  • MasterBedroomDimensions Dim: 11.000 x 22.000
  • Kitchen Dim: 14.600 x 12.000
  • Sunroom Dim: 14.000 x 6.000
  • Master Bedroom Master Bedroom Width: 22.000

Exterior Features

  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: Paved Drive
  • Patio: 30x16 Level: Level 1 Above Grade

Garage/Parking

  • Garage Dim: 0.000 x 0.000

Utilities

  • Utility Electric: AEP/Appalachian Powr
  • Cooling: Heat Pump
  • Sewer: Septic Tank
  • Water Heater: Electric
  • Heating: Heat Pump
  • Water Source: City

Schools

  • Elementary School: Amelon Elem
  • High School: Amherst High
  • Middle School: Monelison Midl
  • Junior High Dist: Amherst

Lot Info

  • Acres: 0.5000
  • Lot Size Sq Ft: 21780.00
  • ResoLotSizeUnits: Acres
  • Parcel Number: 155C1F2
  • ResoLotSizeUnits: Acres

Rental Info

  • Sub Lease: No
  • Sub Lease Expiration Date: 1800-01-01T00:00:00.000-05:00

Tax Info

  • Estimated Taxes: 461

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2021
Closed on
Oct 12, 2021
Sold by
Dushaw Samuel J
Bought by
Rippy Stephen
Seller's Agent
Teresa Hudson
John Stewart Walker, Inc
Buyer's Agent
Heather Rippy
Divine Fog Realty Company LLC
List Price
$154,900
Sold Price
$163,700
Premium/Discount to List
$8,800
5.68%
Current Estimated Value
$265,548

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,848
Avg. Annual Appreciation
12.36%
Original Mortgage
$160,734
Outstanding Balance
$146,574
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$118,974

Purchase Details

Listed on
Mar 3, 2019
Closed on
Apr 4, 2019
Sold by
Adkins Tyler L
Bought by
Dushaw Samuel J
Seller's Agent
Dan Callaway
Cornerstone Realty Group Inc.
Buyer's Agent
Teresa Hudson
John Stewart Walker, Inc
List Price
$119,900
Sold Price
$119,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.15%
Original Mortgage
$101,900
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 14, 2012
Closed on
Aug 30, 2013
Sold by
Tyree Danny
Bought by
Adkins Tyler L
Seller's Agent
TAMMY M KNIGHT
NextHome TwoFourFive
Buyer's Agent
Dan Callaway
Cornerstone Realty Group Inc.
List Price
$119,900
Sold Price
$111,900
Premium/Discount to List
-$8,000
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.24%
Original Mortgage
$114,183
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 28, 2012
Closed on
Oct 2, 2012
Sold by
Secretary Of Housing And Urban Developmf
Bought by
Tyree Danny
Seller's Agent
Cheryl Daffner
DeWitt Real Estate & Auctions
Buyer's Agent
TAMMY M KNIGHT
NextHome TwoFourFive
List Price
$51,176
Sold Price
$40,000
Premium/Discount to List
-$11,176
-21.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
213.63%
Original Mortgage
$30,000
Interest Rate
3.57%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 19, 2008

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,440
Interest Rate
5.57%
Mortgage Type
FHA
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
Rippy Stephen $163,700 Pike Title
Dushaw Samuel J $119,900 Acquisition Title&Stlmnt
Adkins Tyler L $111,900 None Available
Tyree Danny $40,000 None Available
-- -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rippy Stephen $160,734
Previous Owner Dushaw Samuel J $101,900
Previous Owner Adkins Tyler L $114,183
Previous Owner Tyree Danny $30,000
Previous Owner -- $97,440
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/09/2024 12/09/24 Sold $237,500 +3.3% $159 / Sq Ft
10/23/2024 10/23/24 Pending -- -- --
10/23/2024 10/23/24 For Sale $229,900 +40.4% $154 / Sq Ft
10/16/2021 10/16/21 Sold $163,700 +5.7% $109 / Sq Ft View Prior Sale
09/20/2021 09/20/21 Pending -- -- --
09/16/2021 09/16/21 For Sale $154,900 +29.2% $103 / Sq Ft
04/11/2019 04/11/19 Sold $119,900 0.0% $75 / Sq Ft View Prior Sale
03/08/2019 03/08/19 Pending -- -- --
03/03/2019 03/03/19 For Sale $119,900 +7.1% $75 / Sq Ft
08/30/2013 08/30/13 Sold $111,900 -6.7% $70 / Sq Ft View Prior Sale
08/30/2013 08/30/13 Pending -- -- --
11/14/2012 11/14/12 For Sale $119,900 +199.8% $75 / Sq Ft
10/04/2012 10/04/12 Sold $40,000 -21.8% $27 / Sq Ft View Prior Sale
09/10/2012 09/10/12 Pending -- -- --
08/28/2012 08/28/12 For Sale $51,176 -- $34 / 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 $924 $151,400 $22,500 $128,900
2024 $924 $151,400 $22,500 $128,900
2023 $924 $151,400 $22,500 $128,900
2022 $924 $151,400 $22,500 $128,900
2021 $680 $111,500 $22,500 $89,000
2020 $680 $111,500 $22,500 $89,000
2019 $706 $115,700 $28,500 $87,200
2018 $706 $115,700 $28,500 $87,200
2017 $706 $115,700 $28,500 $87,200
2016 $706 $115,700 $28,500 $87,200
2015 $648 $115,700 $28,500 $87,200
2014 $648 $115,700 $28,500 $87,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 355371

APN: 155C-1-F-2