NOT LISTED FOR SALE

Estimated Value: $205,000 - $255,000

4 Beds
2 Baths
1,512 Sq Ft
$153/Sq Ft Est. Value

Last Sold December 12, 2019

Last sale price $123,000 $81 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $1,318/month

8 Days on Market

About This Home

As of December 2019

Hard to Find! Side by Side True Duplex in a great location in Madison Heights. Newer architectural shingled roof. Each side has 2 BR's, 1 Full Bath, Kitchen, LR, and Laundry area. Separate electric and water meters. Low maintenance brick exterior. Great back yard. Solid wood kitchen cabinets. Each side has a separate paved driveway. #167 has replacement windows and newer heat pump. #169 has a newer heat pump, and hot water heater was replaced in 2012. Low Amherst County Taxes helps improve cash flow! Being sold below tax assessment value!

Last Agent to Sell the Property

Matthew Durand

Mark A. Dalton & Co., Inc. License #0225204692 Listed on: 09/24/2019

Last Buyer's Agent

Meredith Ford

OUT OF AREA BROKER

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $798

Year Built

  • Built in 1971

Lot Details

  • 0.3 Acre Lot

Parking

  • Off-Street Parking

Home Design

  • 1,512 Sq Ft Home

Flooring

  • Carpet
  • Vinyl

Schools

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

Utilities

  • Heat Pump System
  • Electric Water Heater
  • Septic Tank

Community Details

  • 2 Units
  • 2 Separate Water Meters

Listing and Financial Details

  • Assessor Parcel Number 148F1614

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$798

Year Built

Built in 1971

Lot Details

0

Listing Details

  • FILLACRES: 0.3000
  • Lot Measurement: Acres
  • Lot Sq Ft: 13068.00
  • Days On Market: No
  • Property Subtype1: Multi-Family
  • Prop. Type: Multi-Family
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 148F1614
  • Year Built: 1971
  • Heating System: Heat Pump
  • Unit Info Number Unfurnished Units: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Broker Approved: Yes
  • Legal Description: LOT 14 WILDWOOD DRIVE
  • Reciprocal Listing: No
  • Street Number Modifier: 169
  • Flooring: Carpet, Vinyl
  • Year Built Exception: 0

Garage/Parking

  • Parking: Off Street Parking, Paved Drive

Utilities

  • Cooling: Heat Pump
  • Sewer: Septic Tank
  • Hot Water: County
  • Water Heater: Electric
  • Number Of Water Meters: 2

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors

Schools

  • School District: Amherst
  • Elementary School: Amelon Elem
  • High School: Amherst High
  • Middle School: Monelison Midl
  • School District: Amherst

Lot Info

  • Lot Sq Ft: 1512.00

Tax Info

  • Estimated Taxes: 798

Multi Family

  • Total Number Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2019
Closed on
Dec 6, 2019
Sold by
Wells Fargo Bank Na
Bought by
Kessmann David Austin
Seller's Agent
Matthew Durand
Mark A. Dalton & Co., Inc.
Buyer's Agent
Meredith Ford
OUT OF AREA BROKER
List Price
$125,000
Sold Price
$123,000
Premium/Discount to List
-$2,000
-1.6%
Current Estimated Value
$232,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,000
Avg. Annual Appreciation
11.14%
Original Mortgage
$276,750
Outstanding Balance
$247,048
Interest Rate
3.7%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$21,715

Purchase Details

Closed on
Sep 14, 2007
Sold by
Liberty University Inc
Bought by
Cook Management Co Llc
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 Buyer Sale Price Title Company
Kessmann David Austin $369,000 Reliance Title & Stlmnt Llc
Cook Management Co Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kessmann David Austin $276,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/12/2019 12/12/19 Sold $123,000 -1.6% $81 / Sq Ft
10/02/2019 10/02/19 Pending -- -- --
09/24/2019 09/24/19 For Sale $125,000 -- $83 / 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 $679 $111,300 $17,500 $93,800
2024 $679 $111,300 $17,500 $93,800
2023 $679 $111,300 $17,500 $93,800
2022 $679 $111,300 $17,500 $93,800
2021 $679 $111,300 $17,500 $93,800
2020 $679 $111,300 $17,500 $93,800
2019 $798 $130,800 $23,500 $107,300
2018 $798 $130,800 $23,500 $107,300
2017 $798 $130,800 $23,500 $107,300
2016 $798 $130,800 $23,500 $107,300
2015 $366 $130,800 $23,500 $107,300
2014 $732 $130,800 $23,500 $107,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 321147

APN: 148F1-6-14