NOT LISTED FOR SALE

331 Old Wright Shop Rd Madison Heights, VA 24572

Estimated Value: $237,000 - $309,000

4 Beds
2 Baths
2,126 Sq Ft
$128/Sq Ft Est. Value

Last Sold November 06, 2017

Last sale price $165,000 $78 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $1,488/month

110 Days on Market

Highlights

  • Ranch Style House
  • Fireplace
  • Landscaped
  • Wood Flooring
  • Laundry Room
  • Ceiling Fan

About This Home

As of November 2017

Back on the Market! Financing Fell Through! Priced BELOW recent BANK APPRAISAL! It would be easier to tell you what HASN'T been replaced or added in this NICE AS NEW home. This Lovely home features, a BRAND NEW KITCHEN (everything has been replaced)antique white cabinets with chocolate glazing, new appliances, new countertops, back splash, and the list goes on and on. Kitchen has been opened up and has an AWESOME kitchen island that is open to the living area. Living Area has a wood burning fireplace that has been inspected. New Heat pump, new roof, new hot water heater, new windows, new plumbing, new electrical, and new lighting. Hardwood floors have been refinished and are gorgeous. The lower level has been completely finished and features a larger bedroom (could put master downstairs, a brand new bath and a large den. There is a brand new 30 x 14 deck that overlooks the private backyard. Home is READY for its new owners and is in PRISTINE condition. THIS WILL NOT LAST! HURR

Last Agent to Sell the Property

Jenny Burge

Alliance Realty Group License #0225094851 Listed on: 07/06/2017

Last Buyer's Agent

Mike Osei

Long & Foster-Forest License #0225209432

Long & Foster-Forest

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $688

Year Built

  • Built in 1958

Lot Details

  • 0.49 Acre Lot
  • Landscaped
  • Property is zoned R1

Home Design

  • Ranch Style House
  • Shingle Roof
  • Plaster

Interior Spaces

  • 2,126 Sq Ft Home
  • Ceiling Fan
  • Fireplace
  • Fire and Smoke Detector

Kitchen

  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Attic

  • Attic Access Panel
  • Scuttle Attic Hole

Finished Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Laundry in Basement

Schools

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

Utilities

  • Heat Pump System
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 156B52

Home Details

Home Type

Single Family

Est. Annual Taxes

$688

Year Built

Built in 1958

Lot Details

0

Listing Details

  • FILLACRES: 0.4910
  • Directions: 29 North to Madison Heights to Right onto Seminole Drive (beside CVS) . At the end of Seminole, take a left onto old Wright Shop. Property on Right.
  • Lot Measurement: Acres
  • Lot Sq Ft: 21388.00
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 156B52
  • Year Built: 1958
  • FullBathBelowGrade: 1
  • Heating System: Heat Pump
  • Building Stories: One
  • Dwelling Styles: Ranch
  • Laundryroom Dim: 0.000 x 0.000
  • Living Room Dim: 19.000 x 13.000
  • Livingroom Len: 19.000
  • Livingroom Wid: 13.000
  • Masterbedroom Area: 132.000000
  • Master Bedroom Dim: 12.000 x 11.000
  • Masterbedroom Len: 12.000
  • Masterbedroom Wid: 11.000
  • 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: 4
  • Broker Approved: Yes
  • Legal Description: Lot 2 Richards Subdivision Also See DB 476-192, 195 and DB 605-409, Plat 1-69
  • Reciprocal Listing: No
  • Second Bedroom: 11x11 Level: Level 1 Above Grade
  • Second Bedroom Area: 121.000000
  • Third Bedroom: 10x10 Level: Level 1 Above Grade
  • Third Bedroom Area: 100.000000
  • Fourth Bedroom: 14x12 Level: Below Grade
  • Fourth Bedroom Area: 168.000000
  • Above Grade Finished Sq Ft: 1171.00
  • ApplianceConvey: Dishwasher, Microwave, Range-Elec, Refrigerator, Self Cleaning Oven
  • Has Attic: Access, Scuttle
  • Has Basement: Exterior Entrance, Finished, Full, Heated, Interior Entrance
  • Breakfast Area: 12x11 Level: Level 1 Above Grade
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Year Built Exception: 0
  • Deck: 30x14 Level: Level 1 Above Grade
  • Family Room: 34x10 Level: Below Grade
  • Fireplace: 1 Fireplace
  • Level 1 Full Bathrooms: 1
  • Interior Amenities: Cable Available, Cable Connections, Ceiling Fan(s), Drywall, Main Level Bedroom, Plaster, Rods, Smoke Alarm
  • Dining Kitchen: 13x12 Level: Level 1 Above Grade
  • Laundry: Basement, Dryer Connection, Laundry Room, Separate Laundry Rm., Washer Connections
  • Living Room: 19x13 Level: Level 1 Above Grade
  • Master Bedroom: 12x11 Level: Level 1 Above Grade
  • FamilyRoom Area: 340.000000
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 156.000000
  • LivingRoom Area: 247.000000
  • 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: Landscaped, Insulated Glass

Garage/Parking

  • Garage Dim: 0.000 x 0.000

Utilities

  • Air Conditioner: Heat Pump
  • Sewer: Septic Tank
  • Hot Water: County
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors

Schools

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

Lot Info

  • Lot Sq Ft: 2126.00
  • Zoning: R1

Tax Info

  • Estimated Taxes: 688

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2017
Closed on
Oct 16, 2017
Sold by
Eagle Feather Properties Llc A Virginia
Bought by
Fuentes Glenda L and Fuentes Gladys E
Seller's Agent
Jenny Burge
Alliance Realty Group
Buyer's Agent
Mike Osei
Long & Foster-Forest
List Price
$174,900
Sold Price
$165,000
Premium/Discount to List
-$9,900
-5.66%
Current Estimated Value
$272,816

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,816
Avg. Annual Appreciation
6.35%
Original Mortgage
$132,000
Outstanding Balance
$110,287
Interest Rate
3.83%
Mortgage Type
New Conventional
Estimated Equity
$162,529

Purchase Details

Listed on
Nov 9, 2016
Closed on
Jan 10, 2017
Sold by
Federal National Mortgage Association
Bought by
Eagle Feather Properties Llc A Virginia
Seller's Agent
Michael Misjuns
Century 21 ALL-SERVICE
Buyer's Agent
Jenny Burge
Alliance Realty Group
List Price
$67,000
Sold Price
$57,000
Premium/Discount to List
-$10,000
-14.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
271.44%

Purchase Details

Closed on
Oct 24, 2016
Sold by
Equity Trustees Llc A Virginia Limited L
Bought by
C & F Mortgage Corporation

Purchase Details

Closed on
Aug 31, 2007
Sold by
Turner Timothy M
Bought by
Turner Timothy M and Turner Jamie
Source: Public Records

Range of Values:

--
Value Increase
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Percent Increase
--
Adjusted for Inflation
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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
Fuentes Glenda L $165,000 Attorney
Eagle Feather Properties Llc A Virginia $57,000 Titleworks Inc
C & F Mortgage Corporation $80,000 Attorney
Turner Timothy M -- Transcontinental Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fuentes Glenda L $132,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/06/2017 11/06/17 Sold $165,000 -5.7% $78 / Sq Ft
10/24/2017 10/24/17 Pending -- -- --
07/06/2017 07/06/17 For Sale $174,900 +206.8% $82 / Sq Ft
01/16/2017 01/16/17 Sold $57,000 -14.9% $32 / Sq Ft View Prior Sale
12/26/2016 12/26/16 Pending -- -- --
11/09/2016 11/09/16 For Sale $67,000 -- $38 / 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 $748 $122,700 $17,500 $105,200
2024 $748 $122,700 $17,500 $105,200
2023 $748 $122,700 $17,500 $105,200
2022 $748 $122,700 $17,500 $105,200
2021 $748 $122,700 $17,500 $105,200
2020 $748 $122,700 $17,500 $105,200
2019 $798 $130,800 $23,500 $107,300
2018 $798 $130,800 $23,500 $107,300
2017 $344 $112,700 $23,500 $89,200
2016 $687 $112,700 $23,500 $89,200
2015 $631 $112,700 $23,500 $89,200
2014 $631 $112,700 $23,500 $89,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 306360

APN: 156B-5-2