NOT LISTED FOR SALE

140 Old Colony Rd Madison Heights, VA 24572

Madison Heights Neighborhood

Estimated Value: $120,000 - $169,514

2 Beds
1 Bath
1,000 Sq Ft
$140/Sq Ft Est. Value

Last Sold September 23, 2021

Last sale price $89,900 $90 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $791/month

17 Days on Market

Highlights

  • Ranch Style House
  • Laundry Room
  • Landscaped
  • Fenced Yard
  • Garden
  • Forced Air Heating System

About This Home

As of September 2021

Sweet two bedroom, one bathroom home in good condition. This home features hardwood flooring, some updates in the bathroom, eat in kitchen, large laundry/storage room and more storage in the attic. The yard is spacious and partially fenced with a concrete driveway. Located on a cul-de-sac with almost no traffic.

Last Agent to Sell the Property

Polly Wooldridge

NextHome TwoFourFive License #0225052448 Listed on: 07/19/2021

NextHome TwoFourFive

Last Buyer's Agent

Ellissa Bowen

Mark A. Dalton & Co., Inc. License #0225213125

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $330

Year Built

  • Built in 1939

Lot Details

  • 0.5 Acre Lot
  • Fenced Yard
  • Landscaped
  • Garden
  • Property is zoned R2

Home Design

  • Ranch Style House
  • Shingle Roof

Interior Spaces

  • 1,000 Sq Ft Home
  • Crawl Space

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry on main level

Attic

  • Attic Access Panel
  • Pull Down Stairs to Attic

Schools

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

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 160A27

Home Details

Home Type

Single Family

Est. Annual Taxes

$330

Year Built

Built in 1939

Lot Details

0

Listing Details

  • FILLACRES: 0.5000
  • Directions: From Lynchburg take 29 business North to the 210 exit. Turn right and right again on Colony to right on Old Colony.
  • Internet Providers: Comcast/Xfinity
  • Lot Measurement: Acres
  • Lot Sq Ft: 21780.00
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 160A27
  • Year Built: 1939
  • Heating System: Forced Warm Air-Oil
  • Building Stories: One
  • Dwelling Styles: Ranch
  • Laundryroom Dim: 9.000 x 11.000
  • Laundryroom Len: 9.000
  • Living Room Dim: 16.500 x 12.700
  • Livingroom Len: 16.500
  • Livingroom Wid: 12.700
  • Masterbedroom Area: 144.000000
  • Master Bedroom Dim: 12.000 x 12.000
  • Masterbedroom Len: 12.000
  • Masterbedroom Wid: 12.000
  • 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)
  • Lower Floor 1 Bedrooms: 2
  • Broker Approved: Yes
  • Legal Description: FKA 375 Colony Rd.
  • Reciprocal Listing: No
  • Second Bedroom: 10x10 Level: Level 1 Above Grade
  • Second Bedroom Area: 100.000000
  • Above Grade Finished Sq Ft: 1000.00
  • ApplianceConvey: Dishwasher, Range-Elec, Refrigerator
  • Has Attic: Access, Pull Down
  • Has Basement: Crawl Space
  • Flooring: Carpet, Vinyl
  • Year Built Exception: 0
  • Level 1 Full Bathrooms: 1
  • Interior Amenities: Cable Available, High Speed Data Aval, Main Level Bedroom
  • Dining Kitchen: 12x10 Level: Level 1 Above Grade
  • Laundry: Laundry Room, Main Level
  • Laundry Room: 9x11 Level: Level 1 Above Grade
  • Living Room: 16.50x12.70 Level: Level 1 Above Grade
  • Master Bedroom: 12x12 Level: Level 1 Above Grade
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 120.000000
  • Laundry Room Area: 99.000000
  • LivingRoom Area: 209.550000
  • 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: Paved Drive, Fenced Yard, Garden Space, Landscaped

Garage/Parking

  • Garage Dim: 0.000 x 0.000

Utilities

  • Utility Electric: AEP/Appalachian Powr
  • Air Conditioner: Window Unit(s)
  • Sewer: City
  • Hot Water: City
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors

Schools

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

Lot Info

  • Lot Sq Ft: 1000.00
  • Zoning: R2

Tax Info

  • Estimated Taxes: 330

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2021
Closed on
Sep 7, 2021
Sold by
Parker Clara Carter
Bought by
Allen Thomas Richard
Seller's Agent
Polly Wooldridge
NextHome TwoFourFive
Buyer's Agent
Ellissa Bowen
Mark A. Dalton & Co., Inc.
List Price
$89,900
Sold Price
$89,900
Current Estimated Value
$139,879

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,979
Avg. Annual Appreciation
13.54%
Original Mortgage
$90,808
Outstanding Balance
$71,638
Interest Rate
2.1%
Mortgage Type
New Conventional
Estimated Equity
$76,050
Source: Public Records

Range of Values:

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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
Allen Thomas Richard $89,900 Seven Hills Settlement Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Allen Thomas Richard $90,808
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2021 09/23/21 Sold $89,900 0.0% $90 / Sq Ft
08/05/2021 08/05/21 Pending -- -- --
07/19/2021 07/19/21 For Sale $89,900 -- $90 / 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 $345 $56,500 $17,500 $39,000
2024 $345 $56,500 $17,500 $39,000
2023 $345 $56,500 $17,500 $39,000
2022 $345 $56,500 $17,500 $39,000
2021 $345 $56,500 $17,500 $39,000
2020 $345 $56,500 $17,500 $39,000
2019 $362 $59,300 $23,500 $35,800
2018 $362 $59,300 $23,500 $35,800
2017 $181 $59,300 $23,500 $35,800
2016 $362 $59,300 $23,500 $35,800
2015 $166 $59,300 $23,500 $35,800
2014 $166 $59,300 $23,500 $35,800
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2021

    Polly Wooldridge

    NextHome TwoFourFive

    Section Image

  • E

    Buyer's Agent in 2021

    Ellissa Bowen

    Mark A. Dalton & Co., Inc.

    (434) 907-6222

    1 in this area

    32 Total Sales

    Ellissa Bowen
    Section Image
See All Agents

Map

Source: Lynchburg Association of REALTORS®

MLS Number: 332968

APN: 160-A-27

Virginia Amherst County Madison Heights 24572 Madison Heights

140 Old Colony Rd, Madison Heights, VA

This home is located at 140 Old Colony Rd, Madison Heights, VA 24572 since 19 July 2021 and is currently estimated at $139,879, approximately $139 per square foot. This property was built in 1939. 140 Old Colony Rd is a home located in Amherst County with nearby schools including Madison Heights Elementary School, Monelison Middle School, and Amherst County High School.

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