NOT LISTED FOR SALE

279 Lynchs Ferry Rd Madison Heights, VA 24572

Estimated Value: $84,000 - $514,000

4 Beds
3 Baths
3,098 Sq Ft
$107/Sq Ft Est. Value

Last Sold May 20, 2024

Last sale price $382,500 $123 Per Sq Ft

Est. 14% decrease in value since last sale

Current estimated payment $1,775/month

3 Days on Market

Highlights

  • Ski Accessible
  • Multiple Fireplaces
  • Attic
  • 1.57 Acre Lot
  • Wood Flooring
  • Workshop

About This Home

As of May 2024

Come experience the Grand presence of this elegant Lady! View with your own eyes the detail and expertise taken in the renovations of this beautiful 2 story home. She is wrapped with elegance from the original wood floors, tile baths, heated floors in the primary bath, not one BUT TWO laundries (main and second level), porches for quiet time, garage could be an awesome guesthouse to come, 2 zone heat pump, special TAX program $473 annually through 2037, average electric bill $185 monthly, Soffit lighting is LED, all other lighting was upgraded to LED also. AUTHENTIC BEAUTY at your CALL! Driveway has fresh new stone! The whole house has Ethernet. Ask your Agent to check out the DOC BOX! NOW tell me this is NOT added sweetness...The Seller is willing to sell all personal property in this beautiful lady if it suites your taste...IT can be acquired! Lots more details to share!

Last Agent to Sell the Property

Pat Whitehouse

Re/Max 1st Olympic License #0225041303 Listed on: 04/22/2024

Re/Max 1st Olympic

Last Buyer's Agent

Robin Broocks

Divine Fog Realty Company LLC License #0225258947

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $500

Year Built

  • Built in 1909

Lot Details

  • 1.57 Acre Lot
  • Garden

Home Design

  • Slab Foundation
  • Shingle Roof
  • Metal Roof

Interior Spaces

  • 3,098 Sq Ft Home
  • 2-Story Property
  • Wired For Sound
  • Ceiling Fan
  • Multiple Fireplaces
  • Formal Dining Room
  • Workshop
  • Attic Access Panel
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • Walk-In Closet

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Partial Basement
  • Exterior Basement Entry
  • Crawl Space

Outdoor Features

  • Separate Outdoor Workshop

Schools

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

Utilities

  • Zoned Heating
  • Heat Pump System
  • Electric Water Heater
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 160A1A121

Community Details

Recreation

  • Ski Accessible

Building Details

  • Net Lease

Home Details

Home Type

Single Family

Est. Annual Taxes

$500

Year Built

Built in 1909

Lot Details

0

Listing Details

  • BuildingOnProperty: Workshop
  • Directions: 29N Lynchburg Expressway-Exit VA-210 Wright Shop Rd-(L) onto Old Town- (L) main St- (R) Lynchs Ferry Rd- See Sign on Right.
  • Internet Providers: Comcast/Xfinity
  • Days On Market: No
  • Prop. Type: Residential
  • Year Built: 1909
  • Garage Yn: No
  • Property Sub-Type: Single Family Residence
  • Above Grade Finished Sq Ft: 3098.00
  • Architectural Style: Two Story
  • Laundryroom Dim: 0.000 x 0.000
  • Office Dim: 0.000 x 0.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 3.00
  • Bathrooms Display: 3 (3 0)
  • Broker Approved: Yes
  • Reciprocal Listing: No
  • Has Attic: Access, Windows
  • Has Basement: Crawl Space, Exterior Entrance, Partial, Slab
  • Breakfast Area: 11x10 Level: Level 1 Above Grade
  • Flooring: Ceramic Tile, Hardwood
  • Deck: 36x8 Level: Level 1 Above Grade
  • Family Room: 14x12 Level: Level 1 Above Grade
  • Formal Dining: 15x13 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 1
  • Level 2 Full Bathrooms: 2
  • Interior Amenities: Cable Available, Cable Connections, Ceiling Fan(s), Drywall, High Speed Data Aval, Main Level Den, Primary Bed w/Bath, Multi Media Wired, Separate Dining Room, Smoke Alarm, Walk-In Closet(s), Workshop, Other
  • Dining Kitchen: 12x11 Level: Level 1 Above Grade
  • Laundry: Dryer Connection, Laundry Closet, Main Level, Second Floor, Washer Connections
  • Living Room: 15x14 Level: Level 1 Above Grade
  • Master Bedroom: 16x14 Level: Level 2 Above Grade
  • Porch: 16x8 Level: Level 1 Above Grade
  • Appliances: Dishwasher, Disposal, Dryer, Range-Elec, Refrigerator, Washer
  • Fireplace: 3+ Fireplaces
  • Stories: Two
  • Third Bedroom: 17x14 Level: Level 2 Above Grade
  • Fourth Bedroom: 11x11 Level: Level 2 Above Grade
  • Second Bedroom: 16x11 Level: Level 2 Above Grade
  • Room Family Room Area: 168.000000
  • Room Bedroom3 Area: 238.000000
  • Room Master Bedroom Area: 224.000000
  • Room Bedroom4 Area: 121.000000
  • Room Kitchen Area: 132.000000
  • Room Living Room Area: 210.000000
  • Room Bedroom2 Area: 176.000000
  • MasterBedroomDimensions Dim: 16.000 x 14.000
  • Kitchen Dim: 12.000 x 11.000
  • Sunroom Dim: 0.000 x 0.000
  • Master Bedroom Master Bedroom Width: 14.000

Exterior Features

  • Roof: Metal, Shingle
  • New Construction: Completed
  • Exterior Features: Garden Space, Insulated Glass, Ski Slope Nearby

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, Two-Zone
  • Water Source: County

Schools

  • Elementary School: Amelon Elem
  • High School: Amherst High
  • Middle School: Monelison Midl
  • Junior High Dist: Amherst

Lot Info

  • Zoning: R-1
  • Acres: 1.5670
  • Lot Size Sq Ft: 68259.00
  • ResoLotSizeUnits: Acres
  • Parcel Number: 160A1A121
  • ResoLotSizeUnits: Acres

Rental Info

  • Sub Lease: No
  • Sub Lease Expiration Date: 1800-01-01T00:00:00.001-05:00

Tax Info

  • Estimated Taxes: 500

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2024
Closed on
May 19, 2024
Sold by
Home Development Institute Llc
Bought by
Morris Kelly Lynn
Seller's Agent
Pat Whitehouse
Re/Max 1st Olympic
Buyer's Agent
Robin Broocks
Divine Fog Realty Company LLC
List Price
$379,900
Sold Price
$382,500
Premium/Discount to List
$2,600
0.68%
Views
42
Current Estimated Value
$330,298

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$52,202
Avg. Annual Appreciation
-9.03%

Purchase Details

Listed on
Apr 1, 2021
Closed on
Jun 15, 2021
Sold by
Sperling Santra S and Trent Lindsey M
Bought by
Home Development Institute Llc
Seller's Agent
Steven Bucklew
Blackwater Property Management
Buyer's Agent
Susan Murray
Epique Realty
List Price
$74,900
Sold Price
$55,900
Premium/Discount to List
-$19,000
-25.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
92.78%
Original Mortgage
$120,720
Interest Rate
2.9%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 29, 2020
Sold by
Quaintance Realestate Holdings Llc
Bought by
Sperling Santra S and Trent Lindsey M

Purchase Details

Closed on
Oct 19, 2017
Sold by
Quaintance Julie A
Bought by
Quaintance Realestate Holdings Llc A Vir

Purchase Details

Closed on
Feb 6, 2014
Sold by
Waggoner Zella L
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Apr 16, 2012
Sold by
Waggoner Rolen and Waggoner Zelia L
Bought by
Waggoner Zella L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,250
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 2006
Sold by
Citifinancial Inc
Bought by
Waggoner Rolen and Waggoner Zella L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
12.4%
Mortgage Type
Purchase Money Mortgage
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
Morris Kelly Lynn $382,500 Fidelity National Title
Home Development Institute Llc $55,900 Commonwealth Title & Stlmnt
Sperling Santra S $47,500 Reliance Title & Stlmnt Llc
Quaintance Realestate Holdings Llc A Vir -- None Available
Federal National Mortgage Association $76,478 None Available
Waggoner Zella L -- None Available
Waggoner Rolen -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Home Development Institute Llc $120,720
Previous Owner Waggoner Zella L $72,250
Previous Owner Waggoner Rolen $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/20/2024 05/20/24 Sold $382,500 +0.7% $123 / Sq Ft
04/26/2024 04/26/24 Pending -- -- --
04/22/2024 04/22/24 For Sale $379,900 +579.6% $123 / Sq Ft
06/16/2021 06/16/21 Sold $55,900 -25.4% $18 / Sq Ft View Prior Sale
04/04/2021 04/04/21 Pending -- -- --
04/01/2021 04/01/21 For Sale $74,900 +114.0% $24 / Sq Ft
04/03/2015 04/03/15 Sold $35,000 -17.6% $11 / Sq Ft View Prior Sale
01/15/2015 01/15/15 Pending -- -- --
11/07/2014 11/07/14 For Sale $42,500 -- $13 / 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 $440 $71,600 $17,500 $54,100
2024 $437 $71,600 $17,500 $54,100
2023 $437 $71,600 $17,500 $54,100
2022 $437 $71,600 $17,500 $54,100
2021 $437 $71,600 $17,500 $54,100
2020 $437 $71,600 $17,500 $54,100
2019 $421 $69,000 $23,500 $45,500
2018 $421 $69,000 $23,500 $45,500
2017 $421 $69,000 $23,500 $45,500
2016 $421 $69,000 $23,500 $45,500
2015 $193 $69,000 $23,500 $45,500
2014 $349 $69,000 $23,500 $45,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 351835

APN: 160A1-A-12