$65,000
SOLD FEB 28, 2025

155 Justamere Ln Madison Heights, VA 24572

5.17 Acres
$12,573 Price per Acre
225,205 Sq Ft Lot

Recently Sold

19% Below List Price

46 Days on Market

About This Lot

As of February 2025

Nice, secluded building lot on private road at end of cul-de-sac. This parcel is ready to build on with an existing paved driveway, existing well and septic.

Last Agent to Sell the Property

Christy Johnson

Four Rivers Realty Group, Inc. License #0225074748 Listed on: 12/09/2024

Co-Listed By

KENNETH CRAWFORD

Four Rivers Realty Group, Inc. License #0225041289

Last Buyer's Agent

David Evans

Mark A. Dalton & Co., Inc. License #0225268176

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $272

Lot Details

  • 5.17 Acre Lot

Schools

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

Community Details

  • Net Lease

Property Details

Property Type

Land

Est. Annual Taxes

$272

Lot Details

0

Listing Details

  • BuildingOnProperty: Other
  • Directions: Rt. 29 to Rt 130 to left onto Monacan Park Rd to right onto Justamere Ln. Land is at end of road.
  • Days On Market: No
  • Prop. Type: Land
  • Restrictions: Doublewides Allowed, Modulars Allowed
  • Garage Yn: No
  • Property Sub-Type: Unimproved Land
  • Co List Office Mls Id: 314
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Disability Access: Rd Frnt Prvt Unpaved
  • Accessible Transportation: Privately Maintained
  • Bathrooms Display: 0 (0 0)
  • Broker Approved: Yes
  • Reciprocal Listing: No

Utilities

  • Utility Electric: American Electric

Schools

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

Lot Info

  • Best Use: Current Existing
  • Current Use: Residential, Single Family
  • Acres: 5.1700
  • Lot Size Sq Ft: 225205.00
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Rental Info

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

Tax Info

  • Estimated Taxes: 272

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 9, 2024
Closed on
Jan 22, 2025
Sold by
Hahn Nancy Suzanne
Bought by
Jarratt Demi Marshall
Seller's Agent
Christy Johnson
Four Rivers Realty Group, Inc.
Buyer's Agent
David Evans
Mark A. Dalton & Co., Inc.
List Price
$79,900
Sold Price
$65,000
Premium/Discount to List
-$14,900
-18.65%
Views
57
Current Estimated Value
$69,665

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,665
Avg. Annual Appreciation
15.53%
Original Mortgage
$52,000
Outstanding Balance
$51,737
Interest Rate
6.93%
Mortgage Type
Credit Line Revolving
Estimated Equity
$17,928

Purchase Details

Closed on
Nov 9, 2004
Sold by
Lewis Vincent A
Bought by
Schmitt Nancy A
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Deed $65,000 None Listed On Document
Gift Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $52,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2025 02/28/25 Sold $65,000 -18.6% --
01/24/2025 01/24/25 Pending -- -- --
12/09/2024 12/09/24 For Sale $79,900 -- --
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 $286 $46,900 $43,800 $3,100
2024 $286 $46,900 $43,800 $3,100
2023 $286 $46,900 $43,800 $3,100
2022 $535 $87,700 $43,800 $43,900
2021 $535 $87,700 $43,800 $43,900
2020 $535 $87,700 $43,800 $43,900
2019 $497 $81,400 $49,800 $31,600
2018 $497 $81,400 $49,800 $31,600
2017 $497 $81,400 $49,800 $31,600
2016 $497 $81,400 $49,800 $31,600
2015 $456 $81,400 $49,800 $31,600
2014 $456 $81,400 $49,800 $31,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 356169

APN: 135-11-4