NOT LISTED FOR SALE

2867 Galts Mill Rd Madison Heights, VA 24572

Estimated Value: $46,000 - $210,000

3 Beds
1 Bath
1,336 Sq Ft
$106/Sq Ft Est. Value

Last Sold December 20, 2023

Last sale price $44,000 $33 Per Sq Ft

Est. 222% increase in value since last sale

Current estimated payment $778/month

10 Days on Market

Highlights

  • Ranch Style House
  • Wood Flooring
  • Outdoor Storage

About This Home

As of December 2023

Ranch located just minutes away from Lynchburg and situated on a 1 acre corner lot. New metal roof. Primary bedroom located on the main level. This could be a great home after it takes on full renovation.

Last Agent to Sell the Property

Luther Maddy

Elite Realty License #0225248916 Listed on: 11/21/2023

Last Buyer's Agent

Trevor Gillispie

Elite Realty License #0225241780

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $360

Year Built

  • Built in 1939

Lot Details

  • 1 Acre Lot
  • Property is zoned R2

Home Design

  • Ranch Style House
  • Metal Roof

Interior Spaces

  • 1,336 Sq Ft Home
  • Wood Flooring
  • Crawl Space
  • Attic Access Panel
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Outdoor Storage

Schools

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

Utilities

  • No Cooling
  • Heating System Uses Propane
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 157A94

Home Details

Home Type

Single Family

Est. Annual Taxes

$360

Year Built

Built in 1939

Lot Details

0

Listing Details

  • FILLACRES: 1.0000
  • BuildingOnProperty: Storage Building
  • Directions: Take 29 Business North and then take the VA-210 exit towards Wright Shop Rd. Make a left onto Wright Shop Rd and then continue for about 3 miles. The home will be on your right.
  • Lot Measurement: Acres
  • Lot Sq Ft: 43560.00
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 157A94
  • Year Built: 1939
  • Heating System: Propane
  • Building Stories: One
  • Dwelling Styles: Ranch
  • Laundryroom Dim: 0.000 x 0.000
  • Living Room Dim: 0.000 x 0.000
  • Masterbedroom Area: 168.000000
  • Master Bedroom Dim: 14.000 x 12.000
  • Masterbedroom Len: 14.000
  • Masterbedroom Wid: 12.000
  • Office Dim: 0.000 x 0.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 1.00
  • Bathrooms Display: 1 (1 0)
  • Lower Floor 1 Bedrooms: 3
  • Broker Approved: Yes
  • Legal Description: ON GALTS MILL ROAD
  • Reciprocal Listing: No
  • Second Bedroom: 11x8 Level: Level 1 Above Grade
  • Second Bedroom Area: 88.000000
  • Third Bedroom: 11x8 Level: Level 1 Above Grade
  • Third Bedroom Area: 88.000000
  • Above Grade Finished Sq Ft: 1336.00
  • ApplianceConvey: None
  • Has Attic: Access
  • Has Basement: Crawl Space
  • Flooring: Wood
  • Year Built Exception: 0
  • Level 1 Full Bathrooms: 1
  • Interior Amenities: Main Level Bedroom
  • Laundry: Main Level
  • Master Bedroom: 14x12 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: Metal
  • New Construction: Completed
  • Exterior Features: Insulated Glass

Garage/Parking

  • Garage Dim: 0.000 x 0.000

Utilities

  • Air Conditioner: None
  • Sewer: Septic Tank
  • Hot Water: County
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors

Schools

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

Lot Info

  • Lot Sq Ft: 1336.00
  • Zoning: R2

Tax Info

  • Estimated Taxes: 360

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2023
Closed on
Dec 20, 2023
Sold by
Sparrow George W
Bought by
Velasquez Josue
Seller's Agent
Luther Maddy
Elite Realty
Buyer's Agent
Trevor Gillispie
Elite Realty
List Price
$62,000
Sold Price
$44,000
Premium/Discount to List
-$18,000
-29.03%
Views
61
Current Estimated Value
$141,466

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,466
Avg. Annual Appreciation
74.48%

Purchase Details

Listed on
Jun 18, 2019
Closed on
Sep 5, 2019
Sold by
Onemain Financial Services Inc
Bought by
Sparrow Geroge W
Seller's Agent
Peggy McCall
BHHS Dawson Ford Garbee
Buyer's Agent
Peggy McCall
BHHS Dawson Ford Garbee
List Price
$24,900
Sold Price
$17,100
Premium/Discount to List
-$7,800
-31.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.71%

Purchase Details

Closed on
Apr 26, 2019
Sold by
Professional Foreclosure Corporation Of
Bought by
Onemain Financial Services Inc
Source: Public Records

Range of Values:

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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
Velasquez Josue $44,000 Old Republic National Title
Sparrow Geroge W $17,100 None Available
Onemain Financial Services Inc $29,231 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2023 12/20/23 Sold $44,000 -29.0% $33 / Sq Ft
12/01/2023 12/01/23 Pending -- -- --
11/21/2023 11/21/23 For Sale $62,000 +262.6% $46 / Sq Ft
09/09/2019 09/09/19 Sold $17,100 -31.3% $13 / Sq Ft
08/23/2019 08/23/19 Pending -- -- --
06/18/2019 06/18/19 For Sale $24,900 -- $19 / 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 $360 $59,000 $20,000 $39,000
2024 $360 $59,000 $20,000 $39,000
2023 $360 $59,000 $20,000 $39,000
2022 $360 $59,000 $20,000 $39,000
2021 $360 $59,000 $20,000 $39,000
2020 $360 $59,000 $20,000 $39,000
2019 $371 $60,800 $26,000 $34,800
2018 $371 $60,800 $26,000 $34,800
2017 $371 $60,800 $26,000 $34,800
2016 $371 $60,800 $26,000 $34,800
2015 $340 $60,800 $26,000 $34,800
2014 $340 $60,800 $26,000 $34,800
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2023

    Luther Maddy

    Elite Realty

    (434) 337-0530

    126 Total Sales

    Luther Maddy
    Section Image

  • T

    Buyer's Agent in 2023

    Trevor Gillispie

    Elite Realty

    (434) 660-5853

    310 Total Sales

    Trevor Gillispie
    Section Image

  • P

    Seller's Agent in 2019

    Peggy McCall

    BHHS Dawson Ford Garbee

    Section Image
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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 349306

APN: 157-A-94

Virginia Amherst County Madison Heights 24572

2867 Galts Mill Rd, Madison Heights, VA

This home is located at 2867 Galts Mill Rd, Madison Heights, VA 24572 since 21 November 2023 and is currently estimated at $141,466, approximately $105 per square foot. This property was built in 1939. 2867 Galts Mill Rd is a home located in Amherst County with nearby schools including Madison Heights Elementary School, Monelison Middle School, and Amherst County High School.

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