$419,879 - $538,000
RENTED AUG 1, 2024

231 Madison Cir Locust Grove, VA 22508

3 Beds
2 Baths
2,190 Sq Ft
$217 Price per Sq Ft

Last Sold May 08, 2012

Last sale price $232,500 $106 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $2,839/month

About This Home

As of May 2012

Beautiful one-level living in Lake of the Woods! Water views from the front lawn. With almost 2200 sq/ft, three bedrooms, two full bathrooms, a living room, dining room, eat-in kitchen, Florida room, a bonus room/office, screen-in porch, and walk-in main closet, you'll have plenty of space to spread out and make this house your home. New carpet throughout as well as new bathroom and laundry room flooring. Two-car garage for all the toys as well as a circular driveway and gravel space next to the garage that could accommodate a boat. The living room has vaulted ceilings and a large stone face fireplace to cozy up and relax.

Come enjoy all the amenities this home and community provide! Hurry this will not last!

Some of the amenities of the community include:
Pools, Bar/Lounge, Baseball Field, Basketball Courts, Beach, Boat Ramp, Club House, Common Grounds, Community Center, Dining Rooms, Exercise Room, Gated Community, Golf Course, Horse Trails, Jog/Walk Path, Lake, Picnic Area, Pier/Dock, Riding/Stables, Security, Soccer Field, Swimming Pool, Tennis Courts, Tot Lots/Playground, Water/Lake Privileges

Requirements: 650+ credit scores, $7,200+ monthly household income, good references

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2011
Closed on
May 8, 2012
Sold by
Walker William O and Walker Rosemary E
Bought by
Alvo Marcy and Alvo Marc Steven
Seller's Agent
Penny Ostlund
Coldwell Banker Elite
Buyer's Agent
Penny Ostlund
Coldwell Banker Elite
List Price
$259,900
Sold Price
$232,500
Premium/Discount to List
-$27,400
-10.54%
Current Estimated Value
$474,470

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$241,970
Avg. Annual Appreciation
5.61%

Range of Values:

Collateral Analytics

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ICE

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Quantarium

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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
Alvo Marcy $232,500 Stewart Title Guaranty Co
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2024 08/01/24 Rented $2,350 0.0% --
07/22/2024 07/22/24 Under Contract -- -- --
07/12/2024 07/12/24 Price Changed $2,350 -2.1% $1 / Sq Ft
06/25/2024 06/25/24 For Rent $2,400 0.0% --
06/20/2024 06/20/24 Under Contract -- -- --
06/11/2024 06/11/24 For Rent $2,400 +60.0% --
07/10/2015 07/10/15 Rented $1,500 0.0% --
07/01/2015 07/01/15 Under Contract -- -- --
06/22/2015 06/22/15 For Rent $1,500 0.0% --
05/08/2012 05/08/12 Sold $232,500 -5.1% $106 / Sq Ft
03/09/2012 03/09/12 Pending -- -- --
01/29/2012 01/29/12 Price Changed $244,900 -5.8% $112 / Sq Ft
08/20/2011 08/20/11 For Sale $259,900 0.0% $119 / Sq Ft
08/09/2011 08/09/11 Pending -- -- --
08/01/2011 08/01/11 For Sale $259,900 -- $119 / Sq Ft

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 $2,195 $286,700 $50,000 $236,700
2023 $2,195 $286,700 $50,000 $236,700
2022 $2,195 $286,700 $50,000 $236,700
2021 $2,107 $292,700 $50,000 $242,700
2020 $2,107 $292,700 $50,000 $242,700
2019 $1,911 $237,700 $50,000 $187,700
2018 $1,911 $237,700 $50,000 $187,700
2017 $1,911 $237,700 $50,000 $187,700
2016 $1,911 $237,700 $50,000 $187,700
2015 $1,612 $223,900 $50,000 $173,900
2014 $1,612 $223,900 $50,000 $173,900
Source: Public Records

Agents Affiliated with this Home

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