NOT LISTED FOR SALE

266 Oak Spring Ln Madison Heights, VA 24572

Estimated Value: $344,000 - $384,000

3 Beds
2 Baths
1,618 Sq Ft
$224/Sq Ft Est. Value

Last Sold April 01, 2016

Last sale price $289,794 $179 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $2,091/month

167 Days on Market

Highlights

  • Ranch Style House
  • Central Air
  • Carpet
  • En-Suite Primary Bedroom

About This Home

As of April 2016

Elon Forest. New construction. Popular one level floor plan with unfinished walk-out basement with roughed-in bath. Open kitchen, dining, and living area. Master suite features spacious bathroom with walk-in closet. Real estate taxes are an estimate. Located 10 minutes from downtown Lynchburg. Information herein taken from various sources is deemed reliable but not guaranteed. Price subject to change without notice.

Last Agent to Sell the Property

Paul Baker

Valley Real Estate Brokers LLC License #0225126136 Listed on: 10/13/2015

Last Buyer's Agent

Meredith Ford

OUT OF AREA BROKER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,344

Year Built

  • Built in 2015

Lot Details

  • 3.77 Acre Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Shingle Roof

Interior Spaces

  • 1,618 Sq Ft Home
  • Attic Access Panel

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Underground Utilities
  • Electric Water Heater
  • Septic Tank

Community Details

  • Elon Forest Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,344

Year Built

Built in 2015

Lot Details

0

Listing Details

  • FILLACRES: 3.7700
  • Directions: From Rt 29 Business South: West Rt 130 for four miles. Left on River Rd. Left on Oak Spring Lane. A 4'x8' sign on the left at the entrance to the subdivision approximately 1/4 mile from Rt 130. Lot 16 is on the right before the cul-de-sac.
  • Lot Measurement: Acres
  • Lot Sq Ft: 164221.00
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • Year Built: 2015
  • Heating System: Heat Pump
  • Building Stories: One
  • Dwelling Styles: Ranch
  • Laundryroom Dim: 0.000 x 0.000
  • Living Room Dim: 17.000 x 14.000
  • Livingroom Len: 17.000
  • Livingroom Wid: 14.000
  • Masterbedroom Area: 178.540000
  • Master Bedroom Dim: 11.300 x 15.800
  • Masterbedroom Len: 11.300
  • Masterbedroom Wid: 15.800
  • Office Dim: 0.000 x 0.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 2.00
  • Bathrooms Display: 2 (2 0)
  • Lower Floor 1 Bedrooms: 3
  • Broker Approved: Yes
  • Legal Description: Lot 12 Phase 1 Elon Forest DB 1123-56
  • Reciprocal Listing: No
  • Second Bedroom: 11.60x14 Level: Level 1 Above Grade
  • Second Bedroom Area: 162.400000
  • Third Bedroom: 11.60x10.90 Level: Level 1 Above Grade
  • Third Bedroom Area: 126.440000
  • Above Grade Finished Sq Ft: 1618.00
  • ApplianceConvey: Dishwasher, Microwave, Range-Elec, Refrigerator
  • Has Attic: Access
  • Has Basement: Full, Walkout
  • Flooring: Carpet, Vinyl
  • Year Built Exception: 0
  • Formal Dining: 10.20x14 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 2
  • Interior Amenities: Cable Connections, Main Level Bedroom, Master Bed w/ Bath
  • Dining Kitchen: 13.60x13 Level: Level 1 Above Grade
  • Laundry: Dryer Connection, Main Level, Washer Connections
  • Living Room: 17x14 Level: Level 1 Above Grade
  • Master Bedroom: 11.30x15.80 Level: Level 1 Above Grade
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 176.800000
  • LivingRoom Area: 238.000000
  • 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

  • Lot Number: 12
  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: Undergrnd Utilities

Garage/Parking

  • Attached Garage: 2 Car
  • Garage Area: 426.120000
  • Garage Dim: 20.100 x 21.200
  • GarageLen: 20.100
  • GarageWid: 21.200

Utilities

  • Air Conditioner: Central Electric
  • Sewer: Septic Tank
  • Hot Water: County
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors
  • Subdivision Complex: Elon Forest

Schools

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

Lot Info

  • Lot Sq Ft: 1618.00

Tax Info

  • Estimated Taxes: 1344

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 6, 2016
Sold by
Amherst Homes Lc A Virginia Limited Liab
Bought by
Lofton Leasing Llc A Virginia Limited Li
Current Estimated Value
$361,937

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Outstanding Balance
$157,385
Interest Rate
3.59%
Mortgage Type
Credit Line Revolving
Estimated Equity
$190,737

Purchase Details

Closed on
Oct 16, 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
$94,720
Interest Rate
4.21%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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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
Lofton Leasing Llc A Virginia Limited Li -- Attorney
Amherst Homes Lc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lofton Leasing Llc A Virginia Limited Li $195,000
Previous Owner Amherst Homes Lc $94,720
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2016 04/01/16 Sold $289,794 +1.0% $179 / Sq Ft
03/28/2016 03/28/16 Pending -- -- --
10/13/2015 10/13/15 For Sale $286,900 -- $177 / 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 $1,422 $233,100 $66,500 $166,600
2024 $1,422 $233,100 $66,500 $166,600
2023 $1,422 $233,100 $66,500 $166,600
2022 $1,422 $233,100 $66,500 $166,600
2021 $1,422 $233,100 $66,500 $166,600
2020 $1,422 $233,100 $66,500 $166,600
2019 $1,390 $227,800 $72,500 $155,300
2018 $1,390 $227,800 $72,500 $155,300
2017 $1,390 $227,800 $72,500 $155,300
2016 $1,390 $227,800 $72,500 $155,300
2015 $352 $62,900 $62,900 $0
2014 $352 $62,900 $62,900 $0
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2016

    Paul Baker

    Valley Real Estate Brokers LLC

  • Meredith Ford

    Buyer's Agent in 2016

    Meredith Ford

    OUT OF AREA BROKER

    (434) 385-8760

    2,706 Total Sales

    Meredith Ford
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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 294702

APN: 136C-1-12

Virginia Amherst County Madison Heights 24572

266 Oak Spring Ln, Madison Heights, VA

This home is located at 266 Oak Spring Ln, Madison Heights, VA 24572 since 13 October 2015 and is currently estimated at $361,937, approximately $223 per square foot. This property was built in 2015. 266 Oak Spring Ln is a home located in Amherst County with nearby schools including Elon Elementary School, Monelison Middle School, and Amherst County High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed to be reliable but not guaranteed.

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