$34,000
SOLD SEP 6, 2019

171 N Madison St Orange, VA 22960

0.39 Acre
$87,179 Price per Acre
16,988 Sq Ft Lot

Recently Sold

$15 Per Sq Ft

20% Below List Price

33 Days on Market

About This Lot

As of September 2019

Pretty park-like parcel in the heart of the Town of Orange. This parcel once had a house on it that was removed by the current owners of the adjacent property. The parcel has electricity and septic connections and is ready to build. Currently there is a workshop with electricity on the parcel which will convey with the property. Watch the video on Reveeo for spectacular aerial birds eye view.

Last Agent to Sell the Property

Jeff Gaffney

REAL ESTATE III, INC. License #0225020330 Listed on: 07/01/2019

Co-Listed By

SARAH COLLIER

REAL ESTATE III - NORTH License #0225203770

Last Buyer's Agent

Unrepresented Buyer

UnrepresentedBuyer

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $260

Lot Details

  • 0.39 Acre Lot
  • Property is zoned R-2 Residential General

Parking

  • Driveway

Utilities

  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 044A2003400950

Property Details

Property Type

Land

Est. Annual Taxes

$260

Lot Details

0

Listing Details

  • Class: Land
  • Property Type: Building Lots
  • Dependencies: Workshop
  • L V T Date: 07/01/2019
  • Parcel Number: 044A2003400950
  • Price Per Sq Ft: 87179.49
  • Zoning: R-2 Residential General
  • Best Use: Residential
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Number Of Acres: 0.39

Garage/Parking

  • Driveway: Yes

Utilities

  • Cable Available: Cable
  • Sewer/Septic System: Public Sewer Available
  • Water: Public Water Available
  • Electric: Routed To Property

Schools

  • Elementary School: Orange
  • Middle School: Prospect Heights
  • High School: Orange

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 2, 2024
Sold by
Triad Properties Llc
Bought by
Triad Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,078
Outstanding Balance
$282,128
Interest Rate
6.87%
Mortgage Type
Construction
Estimated Equity
$78,097

Purchase Details

Closed on
Apr 29, 2024
Sold by
Judge Katherine
Bought by
Triad Properties Llc

Purchase Details

Listed on
Jul 1, 2019
Closed on
Aug 29, 2019
Sold by
Mccarthy Jean and Davia Daniel
Bought by
Judge Katherine
Seller's Agent
Jeff Gaffney
REAL ESTATE III, INC.
Buyer's Agent
Unrepresented Buyer
UnrepresentedBuyer
List Price
$42,500
Sold Price
$34,000
Premium/Discount to List
-$8,500
-20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
49.29%

Purchase Details

Closed on
Jan 24, 2013
Sold by
Federal National Mortgage Association
Bought by
Mccarthy Jean and Davia Daniel

Purchase Details

Closed on
Mar 7, 2012
Sold by
Thacker Betty H
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jun 4, 2008
Sold by
Thacker Alice Luanne
Bought by
Thacker Betty H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,240
Interest Rate
6.01%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
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 -- None Listed On Document
Deed $75,000 Chicago Title
Deed $42,700 None Available
Special Warranty Deed $45,500 None Available
Foreclosure Deed $58,000 None Available
Gift Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $284,078 Construction
Closed $284,078 Construction
Previous Owner $300,240 Reverse Mortgage Home Equity Conversion Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2025 07/25/25 For Sale $425,000 +1150.0% $264 / Sq Ft
09/06/2019 09/06/19 Sold $34,000 -20.0% $15 / Sq Ft
08/03/2019 08/03/19 Pending -- -- --
07/01/2019 07/01/19 For Sale $42,500 -- $18 / Sq Ft
Source: Charlottesville area 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
2024 $260 $32,500 $32,500 $0
2023 $260 $32,500 $32,500 $0
2022 $260 $32,500 $32,500 $0
2021 $250 $34,700 $32,500 $2,200
2020 $250 $34,700 $32,500 $2,200
2019 $343 $42,700 $40,000 $2,700
2018 $343 $42,700 $40,000 $2,700
2017 $343 $42,700 $40,000 $2,700
2016 $343 $42,700 $40,000 $2,700
2015 -- $43,600 $40,000 $3,600
2014 -- $43,600 $40,000 $3,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Charlottesville area Association of Realtors®

MLS Number: 592626

Charlottesville area Association of Realtors®

APN: 044-A2-00-34-0095-0