NOT LISTED FOR SALE

142 Wells Rd Madison Heights, VA 24572

Estimated Value: $205,000 - $237,000

3 Beds
1 Bath
1,411 Sq Ft
$154/Sq Ft Est. Value

Last Sold October 21, 2022

Last sale price $189,900 $135 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $1,202/month

7 Days on Market

Highlights

  • Wood Flooring
  • Finished Attic
  • Garden
  • Main Floor Bedroom
  • Fenced Yard
  • High Speed Internet

About This Home

As of October 2022

ISO: New owners for adorable brick home located minutes from all Downtown amenities but with low, low taxes in Madison Heights. Home is not only lovely, but has newer roof, windows and LVP flooring. You will love having coffee on your screened porch overlooking your large, fenced back yard where furry friends can roam. Don't wait to schedule your appointment! Agents: use Showingtime to schedule. Showing times are restricted.

Last Agent to Sell the Property

Tracy Ellett

Keller Williams License #0225245528 Listed on: 09/15/2022

Keller Williams

Last Buyer's Agent

Liz Pino

Real Broker, LLC License #0225245487

Real Broker, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $603

Year Built

  • Built in 1950

Lot Details

  • 0.34 Acre Lot
  • Fenced Yard
  • Garden

Home Design

  • Shingle Roof

Interior Spaces

  • 1,411 Sq Ft Home
  • 1.5-Story Property
  • Finished Attic
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl Plank

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Sump Pump
  • Laundry in Basement

Schools

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

Utilities

  • Heat Pump System
  • Electric Water Heater
  • Septic Tank
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 155D-4-2

Home Details

Home Type

Single Family

Est. Annual Taxes

$603

Year Built

Built in 1950

Lot Details

0

Listing Details

  • FILLACRES: 0.3400
  • Directions: From 29 turn left on VA-163 N to left on Wells Rd. Home is on the right.
  • Internet Providers: Comcast/Xfinity
  • Lot Measurement: Acres
  • Lot Sq Ft: 14810.00
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 155D-4-2
  • Year Built: 1950
  • Heating System: Heat Pump
  • Building Stories: One and One Half
  • Dwelling Styles: STRY
  • Laundryroom Dim: 0.000 x 0.000
  • Living Room Dim: 17.000 x 11.000
  • Livingroom Len: 17.000
  • Livingroom Wid: 11.000
  • Masterbedroom Area: 156.000000
  • Master Bedroom Dim: 13.000 x 12.000
  • Masterbedroom Len: 13.000
  • 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: 3
  • Broker Approved: Yes
  • Legal Description: LOT 2 WEAVER PROPERTY
  • Reciprocal Listing: No
  • Second Bedroom: 12x9 Level: Level 1 Above Grade
  • Second Bedroom Area: 108.000000
  • Third Bedroom: 31x13 Level: Level 2 Above Grade
  • Third Bedroom Area: 403.000000
  • Above Grade Finished Sq Ft: 1411.00
  • ApplianceConvey: Dishwasher, Range-Elec, Refrigerator
  • Has Attic: Finished
  • Has Basement: Exterior Entrance, Full, Sump Pump, Walkout
  • Flooring: Carpet, Vinyl Plank, Wood
  • Year Built Exception: 0
  • Formal Dining: 9x8 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 1
  • Interior Amenities: Cable Connections, High Speed Data Aval, Main Level Bedroom, Smoke Alarm
  • Dining Kitchen: 9x8 Level: Level 1 Above Grade
  • Laundry: Basement
  • Living Room: 17x11 Level: Level 1 Above Grade
  • Master Bedroom: 13x12 Level: Level 1 Above Grade
  • Porch: 18x8 Level: Level 1 Above Grade
  • Screened Porch: 9x8 Level: Level 1 Above Grade
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 72.000000
  • LivingRoom Area: 187.000000
  • 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: Fenced Yard, Garden Space

Garage/Parking

  • Garage Dim: 0.000 x 0.000

Utilities

  • Utility Electric: AEP/Appalachian Powr
  • Air Conditioner: Heat Pump
  • Sewer: Septic Tank
  • Hot Water: County
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors

Schools

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

Lot Info

  • Lot Sq Ft: 1411.00

Tax Info

  • Estimated Taxes: 603

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2022
Closed on
Oct 20, 2022
Sold by
Ray Mikayla
Bought by
Maatoug Iheb and Maatough Francesca Mary
Seller's Agent
Tracy Ellett
Keller Williams
Buyer's Agent
Liz Pino
Real Broker, LLC
List Price
$189,900
Sold Price
$189,900
Current Estimated Value
$217,291

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,391
Avg. Annual Appreciation
4.41%
Original Mortgage
$180,405
Outstanding Balance
$173,420
Interest Rate
5.89%
Mortgage Type
New Conventional
Estimated Equity
$43,871

Purchase Details

Listed on
Sep 10, 2021
Closed on
Oct 27, 2021
Sold by
Root Asheton and Root Tara
Bought by
Ray Mikayla and Owens Matthew J
Seller's Agent
Jon Gregory
Karl Miller Realty LLC
Buyer's Agent
Tracy Ellett
Keller Williams
List Price
$165,900
Sold Price
$167,900
Premium/Discount to List
$2,000
1.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.53%
Original Mortgage
$134,320
Interest Rate
2.49%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 3, 2020
Closed on
Mar 9, 2020
Sold by
Old State Capital Corp
Bought by
Root Asheton and Root Tara
Seller's Agent
Trevor Gillispie
Elite Realty
Buyer's Agent
Jon Gregory
Karl Miller Realty LLC
List Price
$129,900
Sold Price
$125,000
Premium/Discount to List
-$4,900
-3.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.98%
Original Mortgage
$126,767
Interest Rate
3.13%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 17, 2017
Closed on
Jan 10, 2018
Sold by
Smith James A and Smith Marion S
Bought by
Old Stage Capital Corporation A Virginia
Seller's Agent
Bonnie Limbrick
Keller Williams
Buyer's Agent
Bonnie Limbrick
Keller Williams
List Price
$100,000
Sold Price
$92,000
Premium/Discount to List
-$8,000
-8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.02%
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
Maatoug Iheb $189,900 Old Republic National Title
Ray Mikayla $167,900 Pike Title
Root Asheton $125,500 Mountain View Stlmnt Svcs
Old Stage Capital Corporation A Virginia $93,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maatoug Iheb $180,405
Previous Owner Ray Mikayla $134,320
Previous Owner Root Asheton $126,767
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/21/2022 10/21/22 Sold $189,900 0.0% $135 / Sq Ft
09/22/2022 09/22/22 Pending -- -- --
09/15/2022 09/15/22 For Sale $189,900 +13.1% $135 / Sq Ft
11/01/2021 11/01/21 Sold $167,900 +1.2% $119 / Sq Ft View Prior Sale
09/21/2021 09/21/21 Pending -- -- --
09/10/2021 09/10/21 For Sale $165,900 +32.7% $118 / Sq Ft
03/19/2020 03/19/20 Sold $125,000 -3.8% $124 / Sq Ft View Prior Sale
02/05/2020 02/05/20 Pending -- -- --
01/03/2020 01/03/20 For Sale $129,900 +41.2% $129 / Sq Ft
01/10/2018 01/10/18 Sold $92,000 -8.0% $92 / Sq Ft View Prior Sale
12/28/2017 12/28/17 Pending -- -- --
11/17/2017 11/17/17 For Sale $100,000 -- $100 / 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 $710 $116,400 $17,500 $98,900
2024 $710 $116,400 $17,500 $98,900
2023 $710 $116,400 $17,500 $98,900
2022 $710 $98,800 $17,500 $81,300
2021 $603 $98,800 $17,500 $81,300
2020 $603 $98,800 $17,500 $81,300
2019 $544 $89,200 $23,500 $65,700
2018 $544 $89,200 $23,500 $65,700
2017 $544 $89,200 $23,500 $65,700
2016 $544 $89,200 $23,500 $65,700
2015 $250 $89,200 $23,500 $65,700
2014 $250 $89,200 $23,500 $65,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 340485

APN: 155D-4-2