343 Elon Rd Madison Heights, VA 24572
Madison Heights Neighborhood
4
Beds
2
Baths
2,520
Sq Ft
0.83
Acres
Highlights
- Wood Flooring
- 2 Car Detached Garage
- 1-Story Property
- Garden
About This Home
As of May 2024Welcome to 343 Elon Rd! When you arrive you'll be welcomed by the spacious parking area and new 48X24 garage in the back! This ranch style home has been updated with great attention to detail. The kitchen boasts new cabinetry, granite counter tops, tile back splash and stainless appliances. The open living room with huge front window allows for plenty of light! You will find a full bath with updated counter tops and dual sinks! There are two large bedrooms on the main level and a third bedroom thats currently being used as an office/main level laundry. Now to the newly finished basement thats been used as an Air B&B! The kitchen area will impress with handmade butcherblock island and stainless sink, electric range, refrigerator and microwave. Guests have their own laundry and a full bath! The downstairs bedroom is located just off the den. Outside you'll find the cozy fire pit area surrounded with lights! The two car garage with woodworking shop and storage area above is a must see!
Last Agent to Sell the Property
Keller Williams License #0225236024 Listed on: 03/14/2024
Last Buyer's Agent
Jack Carter
Century 21 All-Service-AMH License #0225264083
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $709
Year Built
- Built in 1959
Lot Details
- 0.83 Acre Lot
- Garden
- Property is zoned R1
Parking
- 2 Car Detached Garage
Home Design
- Shingle Roof
Interior Spaces
- 2,520 Sq Ft Home
- 1-Story Property
- Attic Access Panel
Kitchen
- Electric Range
- Dishwasher
Flooring
- Wood
- Laminate
- Tile
Laundry
- Laundry on main level
- Dryer
- Washer
Finished Basement
- Exterior Basement Entry
- Kitchen in Basement
- Apartment Living Space in Basement
- Laundry in Basement
Schools
- Amelon Elementary School
- Monelison Midl Middle School
- Amherst High School
Utilities
- Heat Pump System
- Electric Water Heater
- Septic Tank
Community Details
- Net Lease
Listing and Financial Details
- Assessor Parcel Number 147E11
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 14, 2024
Closed on
May 3, 2024
Sold by
James R Krueger And Carolyn M Krueger Tr and Krueger James R
Bought by
Ware Jessica Layne
Seller's Agent
Shannon Sims
Keller Williams
Buyer's Agent
Jack Carter
Century 21 All-Service-AMH
List Price
$415,000
Sold Price
$380,000
Premium/Discount to List
-$35,000
-8.43%
Views
85
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$53,845
Avg. Annual Appreciation
5.67%
Original Mortgage
$361,000
Outstanding Balance
$357,510
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$48,722
Purchase Details
Closed on
Nov 6, 2023
Sold by
Thomas Cynthia
Bought by
Hudson Spencer James
Purchase Details
Closed on
Dec 1, 2021
Sold by
Ssw Holdings Llc
Bought by
Krueger James R and Krueger Carolyn M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
3.14%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 6, 2021
Sold by
Karol Adam and Elon Road Trust
Bought by
Ssw Holdings Llc
Purchase Details
Closed on
Apr 30, 2021
Sold by
Surety Trustees Llc
Bought by
Karol Adam and The Elon Road Trust
Purchase Details
Listed on
Feb 6, 2017
Closed on
Jul 24, 2017
Sold by
Steward Byron and Osborne Shawnee
Bought by
Riffe Jonathan D
Seller's Agent
Liz C Dawson
Elite Realty
Buyer's Agent
Amanda MacLeod
MacLeod & Co Realty
List Price
$114,900
Sold Price
$121,000
Premium/Discount to List
$6,100
5.31%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.32%
Original Mortgage
$122,222
Interest Rate
3.91%
Mortgage Type
New Conventional
Similar Homes in Madison Heights, VA
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Bargain Sale Deed | $380,000 | Performance Title | |
| Bargain Sale Deed | $228,000 | Pike Title | |
| Warranty Deed | $240,000 | Reliance Title & Stlmnt Llc | |
| Warranty Deed | $130,000 | None Available | |
| Trustee Deed | $104,490 | None Available | |
| Warranty Deed | $121,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $361,000 | New Conventional | |
| Previous Owner | $43,000 | Credit Line Revolving | |
| Previous Owner | $165,000 | New Conventional | |
| Previous Owner | $122,222 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/09/2024 05/09/24 | Sold | $380,000 | -8.4% | $151 / Sq Ft |
| 03/27/2024 03/27/24 | Pending | -- | -- | -- |
| 03/14/2024 03/14/24 | For Sale | $415,000 | +243.0% | $165 / Sq Ft |
| 07/25/2017 07/25/17 | Sold | $121,000 | +5.3% | $86 / Sq Ft |
| 07/10/2017 07/10/17 | Pending | -- | -- | -- |
| 02/06/2017 02/06/17 | For Sale | $114,900 | -- | $82 / Sq Ft |
Source: Lynchburg Association of REALTORS®
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 | $906 | $148,600 | $25,000 | $123,600 |
| 2024 | $906 | $148,600 | $25,000 | $123,600 |
| 2023 | $906 | $116,300 | $25,000 | $91,300 |
| 2022 | $709 | $116,300 | $25,000 | $91,300 |
| 2021 | $709 | $116,300 | $25,000 | $91,300 |
| 2020 | $709 | $116,300 | $25,000 | $91,300 |
| 2019 | $711 | $116,600 | $31,000 | $85,600 |
| 2018 | $711 | $116,600 | $31,000 | $85,600 |
| 2017 | $14 | $116,600 | $31,000 | $85,600 |
| 2016 | $14 | $116,600 | $31,000 | $85,600 |
| 2015 | $13 | $116,600 | $31,000 | $85,600 |
| 2014 | $13 | $116,600 | $31,000 | $85,600 |
Source: Public Records
Agents Affiliated with this Home
-
Shannon Sims
S
Seller's Agent in 2024
Shannon Sims
Keller Williams
(540) 580-4471
3 in this area
122 Total Sales
-
J
Buyer's Agent in 2024
Jack Carter
Century 21 All-Service-AMH
-
Liz C Dawson
L
Seller's Agent in 2017
Liz C Dawson
Elite Realty
2 in this area
135 Total Sales
-
A
Buyer's Agent in 2017
Amanda MacLeod
MacLeod & Co Realty
Map
Source: Lynchburg Association of REALTORS®
MLS Number: 351051
APN: 147E-1-1
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