NOT LISTED FOR SALE

229 Hilltop Dr Madison Heights, VA 24572

Estimated Value: $265,186 - $340,000

3 Beds
1 Bath
1,181 Sq Ft
$245/Sq Ft Est. Value

Last Sold March 04, 2024

Last sale price $261,000 $221 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $1,601/month

Highlights

  • Wood Flooring
  • Outdoor Storage
  • 1-Story Property
  • Fireplace
  • Ceiling Fan

About This Home

As of March 2024

This listing is for comp purposes only.

Last Agent to Sell the Property

Trevor Gillispie

Elite Realty License #0225241780 Listed on: 03/04/2024

Last Buyer's Agent

Ethan Chase

Elite Realty License #0225248659

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $708

Year Built

  • Built in 1959

Lot Details

  • 0.53

Parking

  • Driveway

Home Design

  • Shingle Roof

Interior Spaces

  • 1 Full Bathroom
  • 1,181 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Fireplace
  • Attic Access Panel
  • Fire and Smoke Detector
  • Washer and Dryer Hookup

Kitchen

  • Electric Range
  • Microwave

Flooring

  • Wood
  • Ceramic Tile
  • Vinyl Plank

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Laundry in Basement

Schools

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

Utilities

  • Heat Pump System
  • Electric Water Heater
  • Septic Tank

Additional Features

  • Outdoor Storage
  • Property is zoned R2

Community Details

  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 156A21A92

Home Details

Home Type

Single Family

Est. Annual Taxes

$708

Year Built

Built in 1959

Lot Details

0

Listing Details

  • BuildingOnProperty: Storage Building
  • Directions: From CVS in Madison Heights turn down Seminole Dr, Turn L onto Lakeland Cir, turn R into Hilltop Dr, home will be on the L
  • Days On Market: No
  • Prop. Type: Residential
  • Year Built: 1959
  • Garage Yn: No
  • Property Sub-Type: Single Family Residence
  • Above Grade Finished Sq Ft: 1181.00
  • Architectural Style: Ranch
  • Laundryroom Dim: 0.000 x 0.000
  • Office Dim: 0.000 x 0.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 1.00
  • Bathrooms Display: 1 (1 0)
  • Broker Approved: Yes
  • Reciprocal Listing: No
  • Has Attic: Access
  • Has Basement: Exterior Entrance, Full, Interior Entrance, Walkout
  • Flooring: Ceramic Tile, Vinyl Plank, Wood
  • Level 1 Full Bathrooms: 1
  • Interior Amenities: Ceiling Fan(s), Drywall, Main Level Bedroom, Pantry, Smoke Alarm
  • Dining Kitchen: 22x12 Level: Level 1 Above Grade
  • Laundry: Basement, Dryer Connection, Washer Connections
  • Living Room: 22x12 Level: Level 1 Above Grade
  • Master Bedroom: 15x12 Level: Level 1 Above Grade
  • Appliances: Microwave, Range-Elec, Refrigerator
  • Fireplace: 1 Fireplace
  • Stories: One
  • Third Bedroom: 12x11 Level: Level 1 Above Grade
  • Second Bedroom: 12x11 Level: Level 1 Above Grade
  • Room Bedroom3 Area: 132.000000
  • Room Master Bedroom Area: 180.000000
  • Room Kitchen Area: 264.000000
  • Room Living Room Area: 264.000000
  • Room Bedroom2 Area: 132.000000
  • MasterBedroomDimensions Dim: 15.000 x 12.000
  • Kitchen Dim: 22.000 x 12.000
  • Sunroom Dim: 0.000 x 0.000
  • Master Bedroom Master Bedroom Width: 12.000

Exterior Features

  • Lot Number: 92
  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: Concrete Drive
  • Patio: 39x8 Level: Below Grade

Garage/Parking

  • Carport: 23x11 Level: Level 1 Above Grade
  • Garage Dim: 0.000 x 0.000

Utilities

  • Utility Electric: AEP/Appalachian Powr
  • Cooling: Heat Pump
  • Sewer: Septic Tank
  • Water Heater: Electric
  • Heating: Heat Pump
  • Water Source: County

Schools

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

Lot Info

  • Zoning: R2
  • ResoLotSizeUnits: Acres
  • Parcel Number: 156A21A92
  • ResoLotSizeUnits: Acres

Rental Info

  • Sub Lease: No
  • Sub Lease Expiration Date: 1800-01-01T00:00:00.001-05:00

Tax Info

  • Estimated Taxes: 708

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2024
Closed on
Feb 29, 2024
Sold by
Alexander Reed Structures Llc
Bought by
Merrill Robert and Franko Nancy
Seller's Agent
Trevor Gillispie
Elite Realty
Buyer's Agent
Ethan Chase
Elite Realty
List Price
$261,000
Sold Price
$261,000
Views
9
Current Estimated Value
$289,297

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,297
Avg. Annual Appreciation
6.02%
Original Mortgage
$256,272
Outstanding Balance
$252,009
Interest Rate
6.63%
Mortgage Type
FHA
Estimated Equity
$37,288

Purchase Details

Listed on
Mar 4, 2024
Closed on
Jan 31, 2024
Sold by
Viar Cecil R and Viar William R
Bought by
Alexander Reed Structures Llc
Seller's Agent
Trevor Gillispie
Elite Realty
Buyer's Agent
Ethan Chase
Elite Realty
List Price
$261,000
Sold Price
$261,000
Views
9

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,272
Outstanding Balance
$252,009
Interest Rate
6.63%
Mortgage Type
FHA
Estimated Equity
$37,288

Purchase Details

Closed on
Oct 10, 2023
Sold by
Viar William R
Bought by
Alexander Reed Structures Llc

Purchase Details

Closed on
Aug 3, 2023
Sold by
Viar Cecil R
Bought by
Viar William R

Purchase Details

Closed on
Jun 17, 2010
Sold by
The Secretary Of Hud
Bought by
Hubbard Deborah Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,000
Interest Rate
4.88%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 1, 2007
Sold by
Hale Layne A
Bought by
Hale Layne A and Hale Sharon C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,150
Interest Rate
6.41%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 25, 2007
Sold by
Hale Layne A and Hale Sharon C
Bought by
Hale Layne A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,150
Interest Rate
6.41%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Merrill Robert $261,000 Old Republic National Title
Alexander Reed Structures Llc -- None Listed On Document
Alexander Reed Structures Llc $116,100 Old Republic National Title
Viar William R -- None Listed On Document
Hubbard Deborah Jean $117,000 Lawyers Adventage Title Grou
Hale Layne A -- Company Providing Title Ins
Hale Layne A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Merrill Robert $256,272
Previous Owner Hubbard Deborah Jean $5,000
Previous Owner Hale Layne A $113,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/04/2024 03/04/24 Sold $261,000 0.0% $221 / Sq Ft
03/04/2024 03/04/24 Pending -- -- --
03/04/2024 03/04/24 For Sale $261,000 -- $221 / 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 $962 $157,700 $17,500 $140,200
2024 $962 $116,100 $17,500 $98,600
2023 $708 $116,100 $17,500 $98,600
2022 $708 $116,100 $17,500 $98,600
2021 $708 $116,100 $17,500 $98,600
2020 $708 $116,100 $17,500 $98,600
2019 $737 $120,900 $23,500 $97,400
2018 $737 $120,900 $23,500 $97,400
2017 $738 $120,900 $23,500 $97,400
2016 $737 $120,900 $23,500 $97,400
2015 $677 $120,900 $23,500 $97,400
2014 $677 $120,900 $23,500 $97,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 350821

APN: 156A2-1-A-92