NOT LISTED FOR SALE

248 Arrowhead Dr Madison Heights, VA 24572

Estimated Value: $274,000 - $379,000

4 Beds
2.5 Baths
2,190 Sq Ft
$139/Sq Ft Est. Value

Last Sold January 03, 2025

Last sale price $270,000 $123 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $1,676/month

16 Days on Market

Highlights

  • Multiple Fireplaces
  • Formal Dining Room
  • 1-Story Property
  • Workshop
  • Carpet

About This Home

As of January 2025

PRICE DROP! Charming ranch home with main level living, ready for its next owners. Four Bedrooms and Three baths total. Huge finished basement with bar for entertaining! Located in a quiet neighborhood in Madison Heights that ends with a cul-de-sac. Home has been well taken care and just needs some updating. Come check this beautiful home out today!

Last Agent to Sell the Property

Brandy Barnes O'Neill

Cornerstone Realty Group Inc. License #0225212489 Listed on: 11/15/2024

Last Buyer's Agent

Betsy Ferguson

Lynchburg's Finest Team LLC License #0225197755

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,513

Year Built

  • Built in 1977

Lot Details

  • 0.46 Acre Lot

Home Design

  • Shingle Roof

Interior Spaces

  • 2,190 Sq Ft Home
  • 1-Story Property
  • Multiple Fireplaces
  • Formal Dining Room
  • Workshop
  • Finished Basement
  • Laundry in Basement
  • Storage In Attic
  • Washer and Dryer Hookup

Kitchen

  • Electric Range
  • Microwave

Flooring

  • Carpet
  • Laminate
  • Vinyl

Schools

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

Utilities

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

Community Details

  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 148F2-3-30

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,513

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Directions: Amelon Rd. to Right on Oakland, Oakland to left on Stage Coach ln. then immediate right on Arrowhead rd. House will be on right.
  • Days On Market: No
  • Prop. Type: Residential
  • Year Built: 1977
  • Garage Yn: No
  • HalfBathBelowGrade: 1
  • Property Sub-Type: Single Family Residence
  • Above Grade Finished Sq Ft: 1112.00
  • Architectural Style: Ranch
  • Laundryroom Dim: 0.000 x 0.000
  • Office Dim: 12.000 x 8.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 3.00
  • Bathrooms Display: 3 (2 1)
  • Broker Approved: Yes
  • Reciprocal Listing: No
  • Has Attic: Storage Only
  • Has Basement: Finished
  • Flooring: Carpet, Laminate, Vinyl
  • Deck: 14x12 Level: Level 1 Above Grade
  • Den: 15x13 Level: Level 1 Above Grade
  • Formal Dining: 12x9 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 2
  • Interior Amenities: Cable Available, Drywall, Main Level Bedroom, Separate Dining Room, Workshop
  • Dining Kitchen: 14x8 Level: Level 1 Above Grade
  • Laundry: Basement, Dryer Connection, Washer Connections
  • Living Room: 15x13 Level: Level 1 Above Grade
  • Master Bedroom: 15x10 Level: Level 1 Above Grade
  • Office: 12x8 Level: Below Grade
  • Appliances: Microwave, Range-Elec, Refrigerator
  • Half Bathrooms: 1
  • Fireplace: 2 Fireplaces
  • Stories: One
  • Third Bedroom: 11x9 Level: Level 1 Above Grade
  • Fourth Bedroom: 12x11 Level: Below Grade
  • Second Bedroom: 13x11 Level: Level 1 Above Grade
  • Room Bedroom3 Area: 99.000000
  • Room Master Bedroom Area: 150.000000
  • Den Area: 195.000000
  • Room Bedroom4 Area: 132.000000
  • Room Kitchen Area: 112.000000
  • Room Living Room Area: 195.000000
  • Room Office Area: 96.000000
  • Room Bedroom2 Area: 143.000000
  • MasterBedroomDimensions Dim: 15.000 x 10.000
  • Kitchen Dim: 14.000 x 8.000
  • Sunroom Dim: 0.000 x 0.000
  • Master Bedroom Master Bedroom Width: 10.000

Exterior Features

  • Lot Number: 30
  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: Deck, Paved Drive

Garage/Parking

  • 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: City

Schools

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

Lot Info

  • Acres: 0.4590
  • Lot Size Sq Ft: 19994.00
  • ResoLotSizeUnits: Acres
  • Parcel Number: 148F2-3-30
  • ResoLotSizeUnits: Acres

Rental Info

  • Sub Lease: No
  • Sub Lease Expiration Date: 1800-01-01T00:00:00.000-05:00

Tax Info

  • Estimated Taxes: 1513

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2024
Closed on
Dec 23, 2024
Sold by
Goff Kim and Gunnell Sharon L
Bought by
Folk Jerod A and Folk Kate N
Seller's Agent
Brandy Barnes O'Neill
Cornerstone Realty Group Inc.
Buyer's Agent
Betsy Ferguson
Lynchburg's Finest Team LLC
List Price
$282,000
Sold Price
$270,000
Premium/Discount to List
-$12,000
-4.26%
Views
54
Current Estimated Value
$304,411

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,411
Avg. Annual Appreciation
13.02%
Original Mortgage
$261,900
Outstanding Balance
$259,860
Interest Rate
6.84%
Mortgage Type
New Conventional
Estimated Equity
$44,551

Purchase Details

Closed on
Apr 27, 2006
Sold by
Buchanan Tony Marlin
Bought by
Buchanan Tony Marlin and Buchanan Linda E
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Folk Jerod A $270,000 Chicago Title
Folk Jerod A $270,000 Chicago Title
Buchanan Tony Marlin -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Folk Jerod A $261,900
Closed Folk Jerod A $261,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/03/2025 01/03/25 Sold $270,000 0.0% $123 / Sq Ft
12/01/2024 12/01/24 Pending -- -- --
11/29/2024 11/29/24 Price Changed $270,000 -4.3% $123 / Sq Ft
11/15/2024 11/15/24 For Sale $282,000 -- $129 / 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 $971 $159,200 $17,500 $141,700
2024 $971 $159,200 $17,500 $141,700
2023 $971 $159,200 $17,500 $141,700
2022 $971 $159,200 $17,500 $141,700
2021 $971 $159,200 $17,500 $141,700
2020 $971 $159,200 $17,500 $141,700
2019 $982 $161,000 $23,500 $137,500
2018 $982 $161,000 $23,500 $137,500
2017 $0 $161,000 $23,500 $137,500
2016 $982 $161,000 $23,500 $137,500
2015 $902 $161,000 $23,500 $137,500
2014 $902 $161,000 $23,500 $137,500
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2025

    Brandy Barnes O'Neill

    Cornerstone Realty Group Inc.

    (434) 665-4211

    1 in this area

    22 Total Sales

    Brandy Barnes O'Neill
    Section Image
  • Betsy Ferguson

    Buyer's Agent in 2025

    Betsy Ferguson

    Lynchburg's Finest Team LLC

    (434) 941-8699

    1 in this area

    146 Total Sales

    Betsy Ferguson
    Section Image
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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 355844

APN: 148F2-3-30

Virginia Amherst County Madison Heights 24572

248 Arrowhead Dr, Madison Heights, VA

Not Listed for Sale

Detached

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