NOT LISTED FOR SALE

271 Sunset Dr Madison Heights, VA 24572

Estimated Value: $206,000 - $238,000

3 Beds
2.5 Baths
1,974 Sq Ft
$112/Sq Ft Est. Value

Last Sold October 19, 2023

Last sale price $190,000 $96 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $1,214/month

3 Days on Market

Highlights

  • Mountain View
  • Wood Flooring
  • Farmhouse Style Home
  • Wood Burning Stove
  • Main Floor Bedroom
  • Workshop

About This Home

As of October 2023

Welcome to 271 Sunset Drive! Home includes 3 bedrooms, 2.5 bathrooms, open kitchen with newer appliances (2021). Large primary suite is upstairs with a spacious closet and full bathroom. Laundry is located on the main level. Additional workshop space in the basement is perfect for storage. Roof was replaced in 2021 and electrical was also replaced in 2021. Enjoy mountain views from the property. Sellers are moving out of state and ready to sell!

Last Agent to Sell the Property

Alison Pettit

Mark A. Dalton & Co., Inc. License #0225231523 Listed on: 09/16/2023

Last Buyer's Agent

Kelly Guess

New Leaf Real Estate LLC License #0225244823

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $500

Year Built

  • Built in 1939

Lot Details

  • 0.93 Acre Lot
  • Garden

Parking

  • Off-Street Parking

Home Design

  • Farmhouse Style Home
  • Shingle Roof

Interior Spaces

  • 1,974 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Wood Burning Stove
  • Workshop
  • Mountain Views
  • Scuttle Attic Hole

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • Bathtub Includes Tile Surround

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Basement

  • Walk-Out Basement
  • Workshop

Schools

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

Utilities

  • Mini Split Air Conditioners
  • Heat Pump System
  • Mini Split Heat Pump
  • Electric Water Heater
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 160A4A50

Home Details

Home Type

Single Family

Est. Annual Taxes

$500

Year Built

Built in 1939

Lot Details

0

Listing Details

  • FILLACRES: 0.9300
  • Directions: Colony Road, to Sunset Drive
  • Internet Providers: Comcast/Xfinity, Other
  • Lot Measurement: Acres
  • Lot Sq Ft: 40511.00
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 160A4A50
  • Year Built: 1939
  • Heating System: Heat Pump, Mini-Split, Wood Stove
  • Building Stories: One and One Half
  • Dwelling Styles: Farm House
  • Laundryroom Dim: 0.000 x 0.000
  • Living Room Dim: 12.000 x 12.000
  • Livingroom Len: 12.000
  • Livingroom Wid: 12.000
  • Masterbedroom Area: 144.000000
  • Master Bedroom Dim: 12.000 x 12.000
  • Masterbedroom Len: 12.000
  • Masterbedroom Wid: 12.000
  • Office Dim: 0.000 x 0.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 3.00
  • Bathrooms Display: 3 (2 1)
  • Lower Floor 1 Bedrooms: 3
  • Broker Approved: Yes
  • Legal Description: LOT 2 WYATT WOOD EST
  • Reciprocal Listing: No
  • Second Bedroom: 12x10 Level: Level 1 Above Grade
  • Second Bedroom Area: 120.000000
  • Third Bedroom: 12x9 Level: Level 1 Above Grade
  • Third Bedroom Area: 108.000000
  • Above Grade Finished Sq Ft: 1974.00
  • ApplianceConvey: Dishwasher, Microwave, Range-Elec, Refrigerator
  • Has Attic: Scuttle
  • Has Basement: Walkout, Workshop
  • Flooring: Ceramic Tile, Hardwood
  • Year Built Exception: 0
  • Level 1 Full Bathrooms: 1
  • Level 2 Full Bathrooms: 1
  • First Level Half Bathrooms: 1
  • Interior Amenities: Cable Available, Ceiling Fan(s), High Speed Data Aval, Main Level Bedroom, Main Level Den, Master Bed w/ Bath, Tile Bath(s), Workshop
  • Dining Kitchen: 15x12 Level: Level 1 Above Grade
  • Laundry: Dryer Connection, Main Level, Washer Connections
  • Living Room: 12x12 Level: Level 1 Above Grade
  • Master Bedroom: 12x12 Level: Level 2 Above Grade
  • Porch: 10x34 Level: Level 1 Above Grade
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 180.000000
  • LivingRoom Area: 144.000000
  • 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: Off-Street Parking, Garden Space, Mountain Views

Garage/Parking

  • Garage Dim: 0.000 x 0.000

Utilities

  • Utility Electric: AEP/Appalachian Powr
  • Air Conditioner: Heat Pump, Mini-Split
  • Sewer: Septic Tank
  • 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: 1974.00

Tax Info

  • Estimated Taxes: 500

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2023
Closed on
Oct 18, 2023
Sold by
King Samuel Ryan and Lindsay Jewel
Bought by
Johnson Jerome Montez
Seller's Agent
Alison Pettit
Mark A. Dalton & Co., Inc.
Buyer's Agent
Kelly Guess
New Leaf Real Estate LLC
List Price
$187,000
Sold Price
$190,000
Premium/Discount to List
$3,000
1.6%
Views
36
Current Estimated Value
$221,132

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,132
Avg. Annual Appreciation
6.91%
Original Mortgage
$186,558
Outstanding Balance
$181,889
Interest Rate
6.75%
Mortgage Type
FHA
Estimated Equity
$39,243

Purchase Details

Listed on
Sep 26, 2016
Closed on
Apr 20, 2021
Sold by
Wood Herman E
Bought by
King Samuel Ryan and King Lindsay Jewel
Seller's Agent
Phyllis Brown
Four Rivers Realty Group, Inc.
Buyer's Agent
Phyllis Brown
Four Rivers Realty Group, Inc.
List Price
$66,400
Sold Price
$48,000
Premium/Discount to List
-$18,400
-27.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
73.38%
Original Mortgage
$45,600
Interest Rate
3.05%
Mortgage Type
New Conventional
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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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
Johnson Jerome Montez $190,000 Old Republic National Title
King Samuel Ryan $48,000 Pike Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Jerome Montez $186,558
Previous Owner King Samuel Ryan $45,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/19/2023 10/19/23 Sold $190,000 +1.6% $96 / Sq Ft
09/19/2023 09/19/23 Pending -- -- --
09/16/2023 09/16/23 For Sale $187,000 +289.6% $95 / Sq Ft
04/21/2021 04/21/21 Sold $48,000 -27.7% $24 / Sq Ft View Prior Sale
03/20/2021 03/20/21 Pending -- -- --
09/26/2016 09/26/16 For Sale $66,400 -- $34 / 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 $792 $129,800 $22,500 $107,300
2024 $388 $63,600 $22,500 $41,100
2023 $388 $63,600 $22,500 $41,100
2022 $388 $63,600 $22,500 $41,100
2021 $388 $63,600 $22,500 $41,100
2020 $388 $63,600 $22,500 $41,100
2019 $405 $66,400 $28,500 $37,900
2018 $405 $66,400 $28,500 $37,900
2017 $405 $66,400 $28,500 $37,900
2016 $405 $66,400 $28,500 $37,900
2015 $372 $66,400 $28,500 $37,900
2014 $372 $66,400 $28,500 $37,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 348233

APN: 160A4-A-50