2515 River Rd Madison Heights, VA 24572
5
Beds
3.5
Baths
2,258
Sq Ft
1.24
Acres
Highlights
- Finished Attic
- En-Suite Primary Bedroom
- Carpet
- Attic
- Ceiling Fan
About This Home
As of May 2021This gorgeous home is perfectly nestled in the Elon Forest neighborhood. It offers a lot of usable space, including an open concept main level with a back porch overlooking the wooded yard. Three bedrooms are on the middle level, including the master suite and a second full bath. On the top floor there are two more bedrooms and a third full bath! The seller of this property is even offering an owner financing option for buyers who qualify! Selling agent has more detail on the owner finance option.
Last Agent to Sell the Property
Jennifer Baker
City Properties 2 LLC License #0225227445 Listed on: 12/02/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,570
Year Built
- Built in 2015
Lot Details
- 1.24 Acre Lot
Home Design
- Shingle Roof
Interior Spaces
- 2,258 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Fire and Smoke Detector
- Washer and Dryer Hookup
Kitchen
- Electric Range
- Microwave
- Dishwasher
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 5 Bedrooms
- En-Suite Primary Bedroom
Attic
- Walkup Attic
- Finished Attic
Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Schools
- Elon Elementary School
- Monelison Midl Middle School
- Amherst High School
Utilities
- Heat Pump System
- Electric Water Heater
- Septic Tank
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 2, 2020
Closed on
May 24, 2021
Sold by
Lofton Leasing Llc
Bought by
Craig Caleb Russel
Seller's Agent
Jennifer Baker
City Properties 2 LLC
Buyer's Agent
Stuart Blakely
RE/MAX 1st Olympic
List Price
$317,000
Sold Price
$315,000
Premium/Discount to List
-$2,000
-0.63%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.54%
Original Mortgage
$299,250
Outstanding Balance
$274,628
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$104,317
Purchase Details
Closed on
Jul 25, 2018
Sold by
Elon Forest Lc
Bought by
Lofton Leasing Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,000
Interest Rate
4.5%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Jul 3, 2014
Sold by
Elon Forest Lc
Bought by
Amherst Homes Lc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,830
Interest Rate
4.09%
Mortgage Type
Construction
Similar Homes in Madison Heights, VA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $315,000 | Attorney | |
| Deed | -- | None Available | |
| Deed | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $299,250 | New Conventional | |
| Previous Owner | $244,000 | Credit Line Revolving | |
| Previous Owner | $213,830 | Construction |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/17/2025 07/17/25 | Price Changed | $380,000 | -1.3% | $168 / Sq Ft |
| 07/10/2025 07/10/25 | For Sale | $385,000 | +22.2% | $171 / Sq Ft |
| 05/24/2021 05/24/21 | Sold | $315,000 | -0.6% | $140 / Sq Ft |
| 04/29/2021 04/29/21 | Pending | -- | -- | -- |
| 12/02/2020 12/02/20 | For Sale | $317,000 | -- | $140 / Sq Ft |
Source: Lynchburg Association of REALTORS®
Tax History Compared to Growth
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 | $1,570 | $257,300 | $47,200 | $210,100 |
| 2024 | $1,570 | $257,300 | $47,200 | $210,100 |
| 2023 | $1,570 | $257,300 | $47,200 | $210,100 |
| 2022 | $1,570 | $257,300 | $47,200 | $210,100 |
| 2021 | $1,570 | $257,300 | $47,200 | $210,100 |
| 2020 | $1,570 | $257,300 | $47,200 | $210,100 |
| 2019 | $1,496 | $245,200 | $53,200 | $192,000 |
| 2018 | $1,496 | $245,200 | $53,200 | $192,000 |
| 2017 | $1,496 | $245,200 | $53,200 | $192,000 |
| 2016 | $1,496 | $245,200 | $53,200 | $192,000 |
| 2015 | $1,240 | $47,200 | $47,200 | $0 |
| 2014 | $264 | $47,200 | $47,200 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
R
Seller's Agent in 2025
Rylie Culkin
Lauren Bell Real Estate, Inc.
-
Cheryl Eisbrenner
C
Seller Co-Listing Agent in 2025
Cheryl Eisbrenner
Lauren Bell Real Estate, Inc.
5 Total Sales
-
J
Seller's Agent in 2021
Jennifer Baker
City Properties 2 LLC
-
Stuart Blakely
Buyer's Agent in 2021
Stuart Blakely
RE/MAX
(434) 401-9214
53 Total Sales
Map
Source: Lynchburg Association of REALTORS®
MLS Number: 328601
APN: 136C-1-37
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