NOT LISTED FOR SALE

264 Oak Spring Ln Madison Heights, VA 24572

Estimated Value: $281,000 - $323,000

3 Beds
2 Baths
1,500 Sq Ft
$203/Sq Ft Est. Value

Last Sold October 16, 2024

Last sale price $260,000 $173 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $1,669/month

76 Days on Market

Highlights

  • Formal Dining Room
  • Walk-In Closet
  • Bungalow
  • Circular Driveway
  • Laundry Room
  • Ceramic Tile Flooring

About This Home

As of October 2024

**Price Reduced!** Nestled in a serene cul-de-sac, this 3-bed, 2-bath bungalow offers modern comfort and natural beauty. Now listed at **$282,000**, this 1,500 sq ft home on 1.71 acres is priced below market for immediate equity. Enjoy a graveled drive, flowerbeds, a vegetable garden, and mature trees that attract wildlife. The front porch boasts mountain views, while outdoor features include a firepit patio, hammock posts, a grilling area, and a serene goldfish pond with a fountain. Inside, a bright great room and dining area are perfect for gatherings. The master suite includes an ensuite bathroom and walk-in closet, and the custom chef's kitchen features quartz countertops, dual convection ovens, ample storage, and stainless steel appliances. Additional features include a mudroom, laundry area with a refrigerator, washer, and dryer. This unique opportunity won't last

Last Agent to Sell the Property

Rob Williams

Keller Williams License #0225249329 Listed on: 05/27/2024

Keller Williams

Last Buyer's Agent

Allen Archambeault

Cornerstone Realty Group Inc. License #0225268885

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,204

Year Built

  • Built in 2012

Lot Details

  • 1.71 Acre Lot
  • Landscaped
  • Garden
  • Property is zoned A1

Home Design

  • Bungalow
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 1,500 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Formal Dining Room
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Self-Cleaning Oven
  • Cooktop
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl Plank

Bedrooms and Bathrooms

  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Attic

  • Attic Access Panel
  • Scuttle Attic Hole

Parking

  • Circular Driveway
  • Off-Street Parking

Schools

  • Elon Elementary School
  • Amherst Midl Middle School
  • Amherst High School

Utilities

  • Heat Pump System
  • Power Generator
  • Electric Water Heater
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Community Details

  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 136C114

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,204

Year Built

Built in 2012

Lot Details

1.71 Acres

Listing Details

  • AssocFeeOptional: None
  • Directions: River Road to Oak Spring Lane. Turn right onto Oak Spring Lane and drive to end of cul de sac
  • Internet Providers: Comcast/Xfinity, Verizon
  • Days On Market: No
  • Prop. Type: Residential
  • Year Built: 2012
  • Garage Yn: No
  • Property Sub-Type: Single Family Residence
  • Above Grade Finished Sq Ft: 1500.00
  • Architectural Style: Bungalow
  • Laundryroom Dim: 7.000 x 5.000
  • Office Dim: 0.000 x 0.000
  • Laundryroom Len: 7.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 2.00
  • Bathrooms Display: 2 (2 0)
  • Broker Approved: Yes
  • Reciprocal Listing: No
  • Has Attic: Access, Scuttle
  • Has Basement: Crawl Space, Slab
  • Flooring: Carpet, Ceramic Tile, Vinyl Plank
  • Formal Dining: 11x11 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 2
  • Interior Amenities: Cable Available, Cable Connections, Ceiling Fan(s), Drywall, High Speed Data Aval, Main Level Bedroom, Primary Bed w/Bath, Separate Dining Room, Smoke Alarm, Walk-In Closet(s)
  • Dining Kitchen: 16x11 Level: Level 1 Above Grade
  • Laundry: Laundry Room, Main Level
  • Laundry Room: 7x5 Level: Level 1 Above Grade
  • Living Room: 15x15 Level: Level 1 Above Grade
  • Master Bedroom: 15x13 Level: Level 1 Above Grade
  • Porch: 14x6 Level: Level 1 Above Grade
  • Screened Porch: 14x8 Level: Level 1 Above Grade
  • Appliances: Cooktop, Dishwasher, Dryer, Generator, Refrigerator, Self Cleaning Oven, Washer
  • Stories: One
  • Third Bedroom: 10x10 Level: Level 1 Above Grade
  • Second Bedroom: 10x11 Level: Level 1 Above Grade
  • Room Bedroom3 Area: 100.000000
  • Room Master Bedroom Area: 195.000000
  • Room Kitchen Area: 176.000000
  • Room Living Room Area: 225.000000
  • Room Bedroom2 Area: 110.000000
  • MasterBedroomDimensions Dim: 15.000 x 13.000
  • Kitchen Dim: 16.000 x 11.000
  • Sunroom Dim: 0.000 x 0.000
  • Master Bedroom Master Bedroom Width: 13.000

Exterior Features

  • Lot Number: 14
  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: Off-Street Parking, Patio, Front Porch, Rear Porch, Circular Drive, Garden Space, Landscaped
  • Patio: 10x10 Level:

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: County

Schools

  • Elementary School: Elon Elem
  • High School: Amherst High
  • Middle School: Amherst Midl
  • Junior High Dist: Amherst

Lot Info

  • Zoning: A1
  • Acres: 1.7100
  • Lot Size Sq Ft: 74488.00
  • ResoLotSizeUnits: Acres
  • Parcel Number: 136C114
  • ResoLotSizeUnits: Acres

Rental Info

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

Tax Info

  • Estimated Taxes: 1204

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2024
Closed on
Sep 24, 2024
Sold by
Rider Diana F
Bought by
Stamey Anthony Lee and Stamey Jessica Archer
Seller's Agent
Rob Williams
Keller Williams
Buyer's Agent
Allen Archambeault
Cornerstone Realty Group Inc.
List Price
$300,000
Sold Price
$260,000
Premium/Discount to List
-$40,000
-13.33%
Views
86
Current Estimated Value
$304,403

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,403
Avg. Annual Appreciation
12.49%
Original Mortgage
$160,000
Outstanding Balance
$158,318
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$146,085

Purchase Details

Listed on
Nov 12, 2012
Closed on
Jul 1, 2013
Sold by
Lofton Leasing Llc A Virginia Limited Li
Bought by
Rider Diana F
Seller's Agent
Robert Brydge
Valley Real Estate Brokers LLC
Buyer's Agent
Robert Brydge
Valley Real Estate Brokers LLC
List Price
$199,953
Sold Price
$204,951
Premium/Discount to List
$4,998
2.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.13%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Stamey Anthony Lee $260,000 Fidelity National Title
Rider Diana F $204,951 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stamey Anthony Lee $160,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/16/2024 10/16/24 Sold $260,000 -7.8% $173 / Sq Ft
08/12/2024 08/12/24 Pending -- -- --
08/08/2024 08/08/24 Price Changed $282,000 -2.4% $188 / Sq Ft
07/02/2024 07/02/24 Price Changed $288,900 -3.7% $193 / Sq Ft
05/27/2024 05/27/24 For Sale $300,000 +46.4% $200 / Sq Ft
07/03/2013 07/03/13 Sold $204,951 +2.5% $151 / Sq Ft View Prior Sale
07/03/2013 07/03/13 Pending -- -- --
11/12/2012 11/12/12 For Sale $199,953 -- $147 / Sq Ft
Source: Lynchburg Association of REALTORS®

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 $1,204 $197,300 $51,400 $145,900
2024 $45 $197,300 $51,400 $145,900
2023 $1,155 $189,300 $51,400 $137,900
2022 $1,155 $189,300 $51,400 $137,900
2021 $1,155 $189,300 $51,400 $137,900
2020 $1,235 $202,500 $51,400 $151,100
2019 $1,108 $181,700 $57,400 $124,300
2018 $1,108 $181,700 $57,400 $124,300
2017 $574 $181,700 $57,400 $124,300
2016 $1,108 $181,700 $57,400 $124,300
2015 $1,018 $181,700 $57,400 $124,300
2014 $1,018 $181,700 $57,400 $124,300
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2024

    Rob Williams

    Keller Williams

    Section Image

  • A

    Buyer's Agent in 2024

    Allen Archambeault

    Cornerstone Realty Group Inc.

    8 Total Sales

    Allen Archambeault
    Section Image

  • R

    Seller's Agent in 2013

    Robert Brydge

    Valley Real Estate Brokers LLC

See All Agents

Map

Source: Lynchburg Association of REALTORS®

MLS Number: 352552

APN: 136C-1-14

Virginia Amherst County Madison Heights 24572

264 Oak Spring Ln, Madison Heights, VA

Not Listed for Sale

Detached

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