Seller's Agent in 2021
Kem Cobb
Elite Realty
(434) 610-5548
8 in this area
128 Total Sales
256 Ragland Rd Madison Heights, VA 24572
Madison Heights Neighborhood
--
Bed
--
Bath
2,000
Sq Ft
0.5
Acres
About This Home
As of July 2021Great investment opportunity, live in one rent out the other. Move in ready! Maintenance free all brick duplex. Each unit features large living room and kitchen. 3 bedrooms, 1 bath. Separate electric meters. Conveniently located to 29. Close to Liberty University, University of Lynchburg and Sweet Briar College.
Last Buyer's Agent
Katrina Fields
eXp Realty LLC-Stafford License #0225245511
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $611
Year Built
- Built in 1977
Lot Details
- 0.5 Acre Lot
Parking
- Unpaved Driveway
Home Design
- 2,000 Sq Ft Home
Flooring
- Carpet
- Vinyl
Schools
- Madison Heights Elementary School
- Monelison Midl Middle School
- Amherst High School
Utilities
- Window Unit Cooling System
- Electric Baseboard Heater
- Electric Water Heater
Community Details
Overview
- 2 Units
Building Details
- 1 Separate Water Meter
- New Taxes Expense $611
- Gross Income $19,200
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 23, 2021
Closed on
Jul 2, 2021
Sold by
Hernandez Ramiro and Hernandez Stephanie J
Bought by
Le Tin Mine
Seller's Agent
Kem Cobb
Elite Realty
Buyer's Agent
Katrina Fields
eXp Realty LLC-Stafford
List Price
$174,900
Sold Price
$174,900
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,738
Avg. Annual Appreciation
5.82%
Original Mortgage
$131,175
Outstanding Balance
$119,386
Interest Rate
2.96%
Mortgage Type
New Conventional
Estimated Equity
$101,825
Purchase Details
Listed on
Oct 31, 2019
Closed on
Dec 9, 2019
Sold by
Guzek William K and Guzek Laurie Jo
Bought by
Hernandez Ramiro and Hernandez Stephanie J
Seller's Agent
Gary Hostutler
Long & Foster-Forest
Buyer's Agent
Kem Cobb
Elite Realty
List Price
$139,900
Sold Price
$133,800
Premium/Discount to List
-$6,100
-4.36%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.27%
Original Mortgage
$100,350
Interest Rate
3.6%
Mortgage Type
New Conventional
Purchase Details
Listed on
Aug 22, 2011
Closed on
Feb 16, 2012
Sold by
Watts Petroleum Corp
Bought by
Brooks Dudley Llc
Seller's Agent
Sky Pacot
LPT Realty, Inc
Buyer's Agent
Kenny Turner
Evolution Realty Partners LLC
List Price
$99,900
Sold Price
$85,000
Premium/Discount to List
-$14,900
-14.91%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.96%
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 | $174,900 | Accupoint Title & Escrow | |
| Warranty Deed | $133,800 | Attorney | |
| Deed | $85,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $131,175 | New Conventional | |
| Previous Owner | $100,350 | New Conventional | |
| Previous Owner | $78,750 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/22/2021 07/22/21 | Sold | $174,900 | 0.0% | $87 / Sq Ft |
| 06/08/2021 06/08/21 | Pending | -- | -- | -- |
| 04/23/2021 04/23/21 | For Sale | $174,900 | +30.7% | $87 / Sq Ft |
| 01/13/2020 01/13/20 | Sold | $133,800 | -4.4% | $67 / Sq Ft |
| 11/11/2019 11/11/19 | Pending | -- | -- | -- |
| 10/31/2019 10/31/19 | For Sale | $139,900 | +33.2% | $70 / Sq Ft |
| 08/02/2013 08/02/13 | Sold | $105,000 | -19.2% | $53 / Sq Ft |
| 08/02/2013 08/02/13 | Pending | -- | -- | -- |
| 04/16/2013 04/16/13 | For Sale | $129,900 | +52.8% | $65 / Sq Ft |
| 03/14/2012 03/14/12 | Sold | $85,000 | -14.9% | $43 / Sq Ft |
| 02/02/2012 02/02/12 | Pending | -- | -- | -- |
| 08/22/2011 08/22/11 | For Sale | $99,900 | -- | $50 / 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 | $741 | $121,500 | $17,500 | $104,000 |
| 2024 | $741 | $121,500 | $17,500 | $104,000 |
| 2023 | $741 | $121,500 | $17,500 | $104,000 |
| 2022 | $741 | $121,500 | $17,500 | $104,000 |
| 2021 | $635 | $104,100 | $17,500 | $86,600 |
| 2020 | $635 | $104,100 | $17,500 | $86,600 |
| 2019 | $611 | $100,100 | $23,500 | $76,600 |
| 2018 | $611 | $100,100 | $23,500 | $76,600 |
| 2017 | $611 | $100,100 | $23,500 | $76,600 |
| 2016 | $611 | $100,100 | $23,500 | $76,600 |
| 2015 | $561 | $100,100 | $23,500 | $76,600 |
| 2014 | $561 | $100,100 | $23,500 | $76,600 |
Source: Public Records
Agents Affiliated with this Home
-
Kem Cobb
-
K
Buyer's Agent in 2021
Katrina Fields
eXp Realty LLC-Stafford
-
G
Seller's Agent in 2020
Gary Hostutler
Long & Foster-Forest
-
P
Seller's Agent in 2013
Pat Whitehouse
RE/MAX
-
Sky Pacot
Seller's Agent in 2012
Sky Pacot
LPT Realty, Inc
(434) 941-9497
3 in this area
102 Total Sales
-
Kenny Turner
K
Buyer's Agent in 2012
Kenny Turner
Evolution Realty Partners LLC
(434) 444-5556
17 Total Sales
Map
Source: Lynchburg Association of REALTORS®
MLS Number: 331050
APN: 161A-2-7
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