NOT LISTED FOR SALE

2823 Galts Mill Rd Madison Heights, VA 24572

Estimated Value: $221,000 - $266,721

3 Beds
2 Baths
1,512 Sq Ft
$165/Sq Ft Est. Value

Sale Details

Date Sold: September 18, 2018

Last sale price $41,900 $28 Per Sq Ft

Est. 506% increase in value since last sale

Current estimated payment $1,485 / mo

6 Days on Market

About This Home

As of September 2018

Great opportunity to complete renovations on this 3 Bedroom 2 Full Bath brick ranch home conveniently located in Madison Heights. Home features hardwood floors on main level, master bedroom with private master bath, stack stone fireplace in living room, and vaulted kitchen ceiling. Great floor plan with ample space. Some updates already completed including an architectural shingled roof, new heat pump, vinyl replacement windows, and some updated electrical work. Cash or in-house bank loans only. This home will not qualify for financing. Buyer to verify all information regarding this property to their satisfaction.

Last Agent to Sell the Property

Matthew Durand

Mark A. Dalton & Co., Inc. License #0225204692 Listed on: 07/31/2018

Last Buyer's Agent

Troy Cash

Cash Bros Real Estate, Inc. License #0225033672

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $681

Year Built

  • Built in 1959

Lot Details

  • 18,295 Sq Ft Lot

Home Design

  • Ranch Style House
  • Shingle Roof

Interior Spaces

  • 1,512 Sq Ft Home
  • Wood Flooring
  • Attic Access Panel

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Basement

  • Walk-Out Basement
  • Interior Basement Entry

Schools

  • Madison Heights Elementary School
  • Amherst Midl Middle School
  • Amherst High School

Utilities

  • Heat Pump System
  • No Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 157A88

Home Details

Home Type

Single Family

Est. Annual Taxes

$681

Year Built

Built in 1959

Lot Details

0.42 Acres

Listing Details

  • FILLACRES: 0.4200
  • Directions: Take 29 N to Madison Heights. Take exit onto Old Town Connector. Turn Left onto Wright Shop Road. Veer Right where Wright Shop Road splits onto Galts Mill Road. Home on Right.
  • Lot Measurement: Acres
  • Lot Sq Ft: 18295.00
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 157A88
  • Year Built: 1959
  • Heating System: Heat Pump
  • Building Stories: One
  • Dwelling Styles: Ranch
  • Laundryroom Dim: 0.000 x 0.000
  • Living Room Dim: 0.000 x 0.000
  • Masterbedroom Area: 100.000000
  • Master Bedroom Dim: 10.000 x 10.000
  • Masterbedroom Len: 10.000
  • Masterbedroom Wid: 10.000
  • 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: GALTS MILL ROAD
  • Reciprocal Listing: No
  • Above Grade Finished Sq Ft: 1512.00
  • ApplianceConvey: None
  • Has Attic: Access
  • Has Basement: Interior Entrance, Walkout, Other
  • Flooring: Hardwood, Other
  • Year Built Exception: 0
  • Level 1 Full Bathrooms: 2
  • Interior Amenities: Other
  • Laundry: None
  • Master Bedroom: 10x10 Level: Level 1 Above Grade
  • Livinggreat Room Dim: 0.000 x 0.000
  • 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: Other

Garage/Parking

  • Garage Dim: 0.000 x 0.000

Utilities

  • Air Conditioner: Heat Pump
  • Sewer: Septic Tank
  • Hot Water: Other
  • Water Heater: None

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors

Schools

  • Elementary School: Madison Heights Elem
  • High School: Amherst High
  • Middle School: Amherst Midl
  • School District: Amherst

Lot Info

  • Lot Sq Ft: 1512.00

Tax Info

  • Estimated Taxes: 681

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 15, 2022
Sold by
Bought by
Current Estimated Value
$253,839

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,797
Interest Rate
0.0416%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 31, 2018
Closed on
Sep 14, 2018
Sold by
Bought by
Seller's Agent
Matthew Durand
Mark A. Dalton & Co., Inc.
Buyer's Agent
Troy Cash
Cash Bros Real Estate, Inc.
List Price
$49,900
Sold Price
$41,900
Premium/Discount to List
-$8,000
-16.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.64%

Purchase Details

Closed on
Mar 23, 2018
Sold by
Bought by

Purchase Details

Listed on
Mar 31, 2016
Closed on
May 25, 2016
Sold by
Bought by
Seller's Agent
Mike Levan
BHHS Dawson Ford Garbee
Buyer's Agent
Irina Moldavsky
Ted Counts Realty & Auction
List Price
$37,900
Sold Price
$37,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.57%
Original Mortgage
$80,500
Interest Rate
0.0361%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 28, 2015
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$187,900 Old Republic National Title
$41,900 None Available
$70,000 None Available
$37,900 Attorney
$28,705 Attorney
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $189,797
Closed $80,500
Closed $32,903
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/18/2018 09/18/18 Sold $41,900 -16.0% $28 / Sq Ft
08/06/2018 08/06/18 Pending -- -- --
07/31/2018 07/31/18 For Sale $49,900 +31.7% $33 / Sq Ft
06/14/2016 06/14/16 Sold $37,900 0.0% $25 / Sq Ft View Prior Sale
05/20/2016 05/20/16 Pending -- -- --
03/31/2016 03/31/16 For Sale $37,900 -- $25 / Sq Ft
Source: Lynchburg Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $1,364 $139,300 $17,000 $122,300
2025 $850 $139,300 $17,000 $122,300
2024 $850 $139,300 $17,000 $122,300
2023 $850 $139,300 $17,000 $122,300
2022 $698 $114,400 $17,000 $97,400
2021 $698 $114,400 $17,000 $97,400
2020 $698 $114,400 $17,000 $97,400
2019 $681 $111,600 $23,000 $88,600
2018 $681 $111,600 $23,000 $88,600
2017 $681 $111,600 $23,000 $88,600
2016 $681 $111,600 $23,000 $88,600
2015 $625 $111,600 $23,000 $88,600
2014 $625 $111,600 $23,000 $88,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 313462

APN: 157-A-88

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