272 Wallace Gap Ln Madison, VA 22727
Estimated Value: $798,000
4
Beds
3
Baths
2,966
Sq Ft
$269/Sq Ft
Est. Value
About This Home
This home is located at 272 Wallace Gap Ln, Madison, VA 22727 and is currently priced at $798,000, approximately $269 per square foot. 272 Wallace Gap Ln is a home located in Madison County with nearby schools including Madison Primary School, Waverly Yowell Elementary School, and William H. Wetsel Middle School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 8, 2024
Sold by
Lovelace W Scott
Bought by
Joy-Lovelace Farms Llc
Current Estimated Value
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Joy-Lovelace Farms Llc | -- | None Listed On Document |
Source: Public Records
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 | $4,991 | $2,249,300 | $1,590,500 | $658,800 |
| 2024 | $4,361 | $1,385,000 | $1,019,100 | $365,900 |
| 2023 | $4,361 | $1,385,000 | $1,019,100 | $365,900 |
| 2022 | $4,361 | $1,385,000 | $1,019,100 | $365,900 |
| 2021 | $4,361 | $1,385,000 | $1,019,100 | $365,900 |
| 2020 | $4,184 | $1,385,000 | $1,019,100 | $365,900 |
| 2019 | $3,124 | $1,385,000 | $1,019,100 | $365,900 |
| 2018 | $3,124 | $1,272,600 | $968,400 | $304,200 |
| 2017 | -- | $1,272,600 | $968,400 | $304,200 |
| 2016 | -- | $1,272,600 | $968,400 | $304,200 |
| 2015 | -- | $1,272,600 | $968,400 | $304,200 |
| 2014 | -- | $1,272,600 | $968,400 | $304,200 |
Source: Public Records
Map
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