NOT LISTED FOR SALE

158 Martins Ln Madison Heights, VA 24572

Madison Heights Neighborhood
-- Bed
-- Bath
1,004 Sq Ft
0.25 Acres

Last Sold November 18, 2022

Last sale price $222,000 $221 Per Sq Ft

14 Days on Market

About This Home

As of November 2022

Lovely duplex on quiet dead end street in Madison Heights. Over 2000 finished square feet - upstairs has three bedrooms, one full bath, a sizable eat in kitchen and spacious carport. Downstairs has a nice living area, eat in kitchen with breakfast area, two bedrooms and a full bath. Nice newer laminate flooring throughout. Shared utility room has two water heaters & two washer/dryer sets. Water and Electric are on separate meters, both units have their own dedicated driveway and separate storage building. Both units have separate septic systems, both replaced roughly 7 years ago. Rented under market value to great long-term tenants that wish to stay ($750 upstairs/$600 downstairs). Easy to manage and maintain, great turn-key rental opportunity! See MLS 340480, matching duplex next door also for sale.

Last Agent to Sell the Property

Dan Vollmer

Dwell License #0225100219 Listed on: 09/13/2022

Last Buyer's Agent

Jeffrey Secrest

Samson Properties License #0225068834

Samson Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $900

Year Built

  • Built in 1969

Lot Details

  • 0.25 Acre Lot

Home Design

  • 1,004 Sq Ft Home

Flooring

  • Carpet
  • Vinyl

Parking

  • 2 Parking Spaces
  • Carport
  • Off-Street Parking

Schools

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

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 160A21C9-11

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • New Taxes Expense $900
  • Gross Income $16,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$900

Year Built

Built in 1969

Lot Details

0

Listing Details

  • FILLACRES: 0.2500
  • Directions: From Downtown Lynchburg, take 5th Street Bridge into Madison Heights, follow to left onto Martins Lane, property will be on your right.
  • Lot Measurement: Acres
  • Lot Sq Ft: 10890.00
  • Days On Market: No
  • Property Subtype1: Multi-Family
  • Prop. Type: Multi-Family
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 160A21C9-11
  • Year Built: 1969
  • Heating System: Other
  • Unit Info Number Unfurnished Units: 2
  • Taxes Expense: 900.00
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Broker Approved: Yes
  • Legal Description: Lots 9-11 Blk C Merrymoor
  • Reciprocal Listing: No
  • Flooring: Carpet, Vinyl, Other
  • Year Built Exception: 0
  • Walls: Drywall

Garage/Parking

  • Parking: 2 Spaces/Unit, Carport-Double, Off Street Parking, Paved Drive

Utilities

  • Cooling: Wall Unit(s)
  • Sewer: Septic Tank
  • Hot Water: County
  • Water Heater: Electric
  • Number of Gas Meters: 2
  • Number Of Water Meters: 2

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors

Schools

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

Lot Info

  • Lot Sq Ft: 1004.00
  • Zoning: R2

Tax Info

  • Estimated Taxes: 900

Multi Family

  • Annual Gross Income: 16200.00
  • Total Number Units: 2

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

Property History

Date Event Price Change Sq Ft Price
11/18/2022 11/18/22 Sold $222,000 -9.4% $221 / Sq Ft
09/27/2022 09/27/22 Pending -- -- --
09/13/2022 09/13/22 For Sale $245,000 -- $244 / Sq Ft
Source: Lynchburg Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2022

    Dan Vollmer

    Dwell

    Section Image

  • J

    Buyer's Agent in 2022

    Jeffrey Secrest

    Samson Properties

    (434) 941-8250

    2 in this area

    8 Total Sales

    Jeffrey Secrest
    Section Image
See All Agents

Map

Source: Lynchburg Association of REALTORS®

MLS Number: 340481

APN: 160A2 1 C 9-18 01

Virginia Amherst County Madison Heights 24572 Madison Heights

158 Martins Ln, Madison Heights, VA

This home is located at 158 Martins Ln, Madison Heights, VA 24572 since 13 September 2022. This property was built in 1969. 158 Martins Ln 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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