NOT LISTED FOR SALE

250 Melwood Dr Madison Heights, VA 24572

Estimated Value: $213,000 - $243,000

3 Beds
1.5 Baths
1,040 Sq Ft
$220/Sq Ft Est. Value

Last Sold July 21, 2022

Last sale price $179,900 $173 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $1,256/month

4 Days on Market

Highlights

  • Ranch Style House
  • Ceramic Tile Flooring
  • Ceiling Fan
  • Fenced Yard

About This Home

As of July 2022

Priced to sell quick, this 3 bedroom, 1 bath brick ranch in Melwood Manor has so much potential. The full basement could be finished off to almost double the square footage of the home. Located on a quiet cul-de-sac, this home has a huge fenced in backyard with space for some great outdoor living. Come see it today before it's gone!

Last Agent to Sell the Property

Robert Dawson

BHHS Dawson Ford Garbee License #0225036912 Listed on: 06/13/2022

BHHS Dawson Ford Garbee

Last Buyer's Agent

Ethan Chase

Elite Realty License #0225248659

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $650

Year Built

  • Built in 1983

Lot Details

  • 0.88 Acre Lot
  • Fenced Yard

Home Design

  • Ranch Style House
  • Shingle Roof

Interior Spaces

  • 1,040 Sq Ft Home
  • Ceiling Fan
  • Scuttle Attic Hole
  • Fire and Smoke Detector
  • Washer and Dryer Hookup

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathtub Includes Tile Surround

Basement

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

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 148J-1-20

Home Details

Home Type

Single Family

Est. Annual Taxes

$650

Year Built

Built in 1983

Lot Details

0

Listing Details

  • FILLACRES: 0.8800
  • Directions: From US-29N, take Dixie Airport Rd to Melwood Dr, home is the last house on the right in the cul-de-sac.
  • Lot Measurement: Acres
  • Lot Sq Ft: 38333.00
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 148J-1-20
  • Year Built: 1983
  • Heating System: Heat Pump
  • Building Stories: One
  • Dwelling Styles: Ranch
  • Laundryroom Dim: 0.000 x 0.000
  • Living Room Dim: 11.000 x 16.000
  • Livingroom Len: 11.000
  • Livingroom Wid: 16.000
  • Masterbedroom Area: 143.000000
  • Master Bedroom Dim: 11.000 x 13.000
  • Masterbedroom Len: 11.000
  • Masterbedroom Wid: 13.000
  • Office Dim: 0.000 x 0.000
  • 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: LOT 20 SEC 1 MELWOOD MANOR
  • Reciprocal Listing: No
  • Second Bedroom: 9x10 Level: Level 1 Above Grade
  • Second Bedroom Area: 90.000000
  • Third Bedroom: 8x10 Level: Level 1 Above Grade
  • Third Bedroom Area: 80.000000
  • Above Grade Finished Sq Ft: 1040.00
  • ApplianceConvey: Dishwasher, Disposal, Microwave, Range-Elec, Refrigerator
  • Has Attic: Scuttle
  • Has Basement: Exterior Entrance, Full, Interior Entrance, Walkout
  • Flooring: Ceramic Tile, Laminate
  • Year Built Exception: 0
  • Deck: 16x10 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 1
  • First Level Half Bathrooms: 1
  • Interior Amenities: Cable Available, Cable Connections, Ceiling Fan(s), Drywall, Main Level Bedroom, Smoke Alarm, Tile Bath(s)
  • Dining Kitchen: 11x17 Level: Level 1 Above Grade
  • Laundry: Basement, Dryer Connection, Washer Connections
  • Living Room: 11x16 Level: Level 1 Above Grade
  • Master Bedroom: 11x13 Level: Level 1 Above Grade
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 187.000000
  • LivingRoom Area: 176.000000
  • Est Other Room1 Dim: 0.000 x 0.000
  • 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: Paved Drive, Fenced Yard

Garage/Parking

  • Garage Dim: 0.000 x 0.000

Utilities

  • Air Conditioner: Heat Pump
  • Sewer: County
  • Hot Water: County
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors

Schools

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

Lot Info

  • Lot Sq Ft: 1040.00

Tax Info

  • Estimated Taxes: 650

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2022
Closed on
Jul 20, 2022
Sold by
Nickerson Mary O and Nickerson Michael E
Bought by
Spradley Brittany A and Spradley Jaze
Seller's Agent
Robert Dawson
BHHS Dawson Ford Garbee
Buyer's Agent
Ethan Chase
Elite Realty
List Price
$179,900
Sold Price
$179,900
Current Estimated Value
$228,534

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,634
Avg. Annual Appreciation
7.59%
Original Mortgage
$176,641
Outstanding Balance
$168,256
Interest Rate
5.23%
Mortgage Type
New Conventional
Estimated Equity
$60,278

Purchase Details

Listed on
Jun 20, 2016
Closed on
Jul 20, 2016
Sold by
Embrace Home Loans Inc
Bought by
Nickerson Mary O and Nickerson Michael E
Seller's Agent
Mike Levan
BHHS Dawson Ford Garbee
Buyer's Agent
Gena Campbell
Mark A. Dalton & Co., Inc.
List Price
$85,000
Sold Price
$105,000
Premium/Discount to List
$20,000
23.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.50%
Original Mortgage
$107,969
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 31, 2016
Sold by
Samuel I White Pc A Professional Corpora
Bought by
Embrace Home Loans Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,001
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 4, 2013
Closed on
Jul 1, 2013
Sold by
Porter James and Porter Bethany
Bought by
Goolsby Joshua M and Goolsby Rebekkah D
Seller's Agent
Jeremiah Cochenour
Mark A. Dalton & Co., Inc.
Buyer's Agent
Kevin Cash
RE/MAX 1st Olympic
List Price
$134,900
Sold Price
$130,500
Premium/Discount to List
-$4,400
-3.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.66%
Original Mortgage
$133,163
Interest Rate
3.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 28, 2010
Sold by
Federal National Mortgage Association
Bought by
Porter James and Porter Bethany

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,360
Interest Rate
4.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 9, 2010
Sold by
Prochl Audrey L
Bought by
Federal National Mortgage Association

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,360
Interest Rate
4.87%
Mortgage Type
New Conventional
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
Spradley Brittany A $179,900 Chicago Title
Nickerson Mary O $105,000 Community Stlmnt Group Llc
Embrace Home Loans Inc $96,933 Attorney
Goolsby Joshua M $130,500 None Available
Porter James $98,750 None Available
Federal National Mortgage Association $94,323 Witstadt Title & Escrow Comp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spradley Brittany A $176,641
Previous Owner Nickerson Mary O $107,969
Previous Owner Embrace Home Loans Inc $120,001
Previous Owner Goolsby Joshua M $133,163
Previous Owner Porter James $98,360
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/21/2022 07/21/22 Sold $179,900 0.0% $173 / Sq Ft
06/17/2022 06/17/22 Pending -- -- --
06/13/2022 06/13/22 For Sale $179,900 +71.3% $173 / Sq Ft
08/15/2016 08/15/16 Sold $105,000 +23.5% $101 / Sq Ft View Prior Sale
07/15/2016 07/15/16 Pending -- -- --
06/20/2016 06/20/16 For Sale $85,000 -34.9% $82 / Sq Ft
07/12/2013 07/12/13 Sold $130,500 -3.3% $125 / Sq Ft View Prior Sale
05/22/2013 05/22/13 Pending -- -- --
04/04/2013 04/04/13 For Sale $134,900 -- $130 / 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 $648 $106,300 $22,500 $83,800
2024 $648 $106,300 $22,500 $83,800
2023 $648 $106,300 $22,500 $83,800
2022 $648 $106,300 $22,500 $83,800
2021 $648 $106,300 $22,500 $83,800
2020 $648 $106,300 $22,500 $83,800
2019 $670 $109,900 $28,500 $81,400
2018 $670 $109,900 $28,500 $81,400
2017 $670 $109,900 $28,500 $81,400
2016 $670 $109,900 $28,500 $81,400
2015 $615 $109,900 $28,500 $81,400
2014 $615 $109,900 $28,500 $81,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 338733

APN: 148J-1-20