NOT LISTED FOR SALE

2178 Cedar Gate Rd Madison Heights, VA 24572

Estimated Value: $182,000 - $247,000

3 Beds
1.5 Baths
1,180 Sq Ft
$186/Sq Ft Est. Value

Last Sold November 10, 2023

Last sale price $202,000 $171 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,236/month

Highlights

  • Wood Flooring
  • Laundry Room
  • En-Suite Primary Bedroom
  • Great Room
  • Bungalow
  • 1-Story Property

About This Home

As of November 2023

This home has been listed for comp purposes only.

Last Agent to Sell the Property

Trevor Gillispie

Elite Realty License #0225241780 Listed on: 11/10/2023

Last Buyer's Agent

Trevor Gillispie

Elite Realty License #0225241780 Listed on: 11/10/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $122

Year Built

  • Built in 1956

Lot Details

  • 0.48 Acre Lot
  • Property is zoned A1

Home Design

  • Bungalow
  • Shingle Roof

Interior Spaces

  • 1,180 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Great Room
  • Crawl Space
  • Attic Access Panel

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Laundry Room
  • Laundry on main level

Schools

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

Utilities

  • Heat Pump System
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 122A11

Home Details

Home Type

Single Family

Est. Annual Taxes

$122

Year Built

Built in 1956

Lot Details

0

Listing Details

  • FILLACRES: 0.4800
  • Directions: From Sheetz in Madison Heights head up RT 130/Elon Rd, get into Elon and turn R onto Cedar Gate Rd, property will be on the L 0.4 miles down
  • Internet Providers: Comcast/Xfinity
  • Lot Measurement: Acres
  • Lot Sq Ft: 20909.00
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 122A11
  • Year Built: 1956
  • Heating System: Heat Pump
  • Building Stories: One
  • Dwelling Styles: Bungalow
  • Laundryroom Dim: 10.000 x 10.000
  • Laundryroom Len: 10.000
  • Living Room Dim: 0.000 x 0.000
  • Masterbedroom Area: 143.000000
  • Master Bedroom Dim: 13.000 x 11.000
  • Masterbedroom Len: 13.000
  • Masterbedroom Wid: 11.000
  • Office Dim: 0.000 x 0.000
  • Other Room1 Area: 180.000000
  • Other Room1 Len: 15.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 2.00
  • Bathrooms Display: 2 (1 1)
  • Lower Floor 1 Bedrooms: 3
  • Broker Approved: Yes
  • Legal Description: CEDAR GATE ROAD
  • Reciprocal Listing: No
  • Second Bedroom: 12x10 Level: Level 1 Above Grade
  • Second Bedroom Area: 120.000000
  • Third Bedroom: 13x11 Level: Level 1 Above Grade
  • Third Bedroom Area: 143.000000
  • Above Grade Finished Sq Ft: 1180.00
  • ApplianceConvey: Dishwasher, Microwave, Range-Elec
  • Has Attic: Access
  • Has Basement: Crawl Space
  • Breakfast Area: 12x5 Level: Level 1 Above Grade
  • Flooring: Carpet, Hardwood, Tile
  • Year Built Exception: 0
  • Level 1 Full Bathrooms: 1
  • Great Room: 19x13 Level: Level 1 Above Grade
  • First Level Half Bathrooms: 1
  • Interior Amenities: Cable Available, Cable Connections, Ceiling Fan(s), Great Room, Main Level Bedroom, Main Level Den, Master Bed w/ Bath
  • Dining Kitchen: 12x7 Level: Level 1 Above Grade
  • Laundry: Laundry Room, Main Level
  • Laundry Room: 10x10 Level: Level 1 Above Grade
  • Master Bedroom: 13x11 Level: Level 1 Above Grade
  • Other Room 1: 15x12 Level: Level 1 Above Grade
  • Additional Room 1 Description: Covered Patio
  • GreatRoom Area: 247.000000
  • Livinggreat Room Dim: 19.000 x 13.000
  • Kitchen Area: 84.000000
  • Laundry Room Area: 100.000000
  • Est Other Room1 Dim: 15.000 x 12.000
  • 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: Other

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

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

Lot Info

  • Lot Sq Ft: 1180.00
  • Zoning: A1

Tax Info

  • Estimated Taxes: 122

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2023
Closed on
Nov 3, 2023
Sold by
Alexander Reed Structures Llc
Bought by
Royal Justin
Seller's Agent
Trevor Gillispie
Elite Realty
Buyer's Agent
Trevor Gillispie
Elite Realty
List Price
$202,000
Sold Price
$202,000
Views
7
Current Estimated Value
$219,684

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,684
Avg. Annual Appreciation
0.93%
Original Mortgage
$195,940
Outstanding Balance
$193,180
Interest Rate
7.19%
Mortgage Type
New Conventional
Estimated Equity
$12,318

Purchase Details

Listed on
Apr 25, 2023
Closed on
Jun 29, 2023
Sold by
Wills Betty A
Bought by
Alexander Reed Structures Llc
Seller's Agent
Sam Davis
Sam E Davis Real Estate
Buyer's Agent
Trevor Gillispie
Elite Realty
List Price
$130,000
Sold Price
$100,000
Premium/Discount to List
-$30,000
-23.08%
Views
57

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
690.85%
Source: Public Records

Range of Values:

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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
Royal Justin $202,000 Old Republic National Title
Alexander Reed Structures Llc -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Royal Justin $195,940
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/10/2023 11/10/23 Sold $202,000 0.0% $171 / Sq Ft
11/10/2023 11/10/23 Pending -- -- --
11/10/2023 11/10/23 For Sale $202,000 +102.0% $171 / Sq Ft
07/10/2023 07/10/23 Sold $100,000 -23.1% $85 / Sq Ft
05/15/2023 05/15/23 Pending -- -- --
05/09/2023 05/09/23 For Sale $130,000 +30.0% $110 / Sq Ft
04/28/2023 04/28/23 Off Market $100,000 -- --
04/25/2023 04/25/23 For Sale $130,000 -- $110 / 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 $782 $128,200 $20,000 $108,200
2024 $430 $70,500 $20,000 $50,500
2023 $122 $20,000 $20,000 $0
2022 $122 $20,000 $20,000 $0
2021 $122 $20,000 $20,000 $0
2020 $122 $20,000 $20,000 $0
2019 $416 $68,200 $26,000 $42,200
2018 $416 $68,200 $26,000 $42,200
2017 $223 $68,200 $26,000 $42,200
2016 $416 $68,200 $26,000 $42,200
2015 $103 $68,200 $26,000 $42,200
2014 $205 $68,200 $26,000 $42,200
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2023

    Sam Davis

    Sam E Davis Real Estate

    (434) 238-8080

    52 Total Sales

    Sam Davis
    Section Image

  • T

    Seller's Agent in 2023

    Trevor Gillispie

    Elite Realty

    (434) 660-5853

    312 Total Sales

    Trevor Gillispie
    Section Image
See All Agents

Map

Source: Lynchburg Association of REALTORS®

MLS Number: 349114

APN: 122-A-11

Virginia Amherst County Madison Heights 24572

2178 Cedar Gate Rd, Madison Heights, VA

This home is located at 2178 Cedar Gate Rd, Madison Heights, VA 24572 since 10 November 2023 and is currently estimated at $219,684, approximately $186 per square foot. This property was built in 1956. 2178 Cedar Gate Rd is a home located in Amherst County with nearby schools including Elon Elementary School, Monelison Middle School, and Amherst County High School.

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