NOT LISTED FOR SALE

350 Elon Rd Madison Heights, VA 24572

Estimated Value: $85,000 - $264,000

1 Bed
1 Bath
1,260 Sq Ft
$142/Sq Ft Est. Value

Last Sold June 06, 2018

Last sale price $40,000 $32 Per Sq Ft

Est. 347% increase in value since last sale

Current estimated payment $980/month

12 Days on Market

Highlights

  • 1.92 Acre Lot
  • Community Pool
  • Bungalow
  • Wood Flooring
  • Paneling
  • Garden

About This Home

As of June 2018

Great Investment or starter project home located on Route 130 with ease of access to Route 29 in Madison Heights. The Home is located on 1.9 acres and offers 1260 sq feet of total living space on the first and second floors, along with an unfinished basement with room for expansion. The Home is in need of TLC, but could be turned into a showplace. Extremely motivated Seller so bring an Offer! Priced well below County Assessment!

Last Agent to Sell the Property

KRISTIN WOOD

Montague Miller And Co.-Amher License #0225223247 Listed on: 05/16/2018

Last Buyer's Agent

KRISTIN WOOD

Montague Miller And Co.-Amher License #0225223247 Listed on: 05/16/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $243

Year Built

  • Built in 1946

Lot Details

  • 1.92 Acre Lot
  • Garden

Home Design

  • Bungalow
  • Shingle Roof

Interior Spaces

  • 1,260 Sq Ft Home
  • 1.5-Story Property
  • Paneling
  • Ceiling Fan
  • Scuttle Attic Hole
  • Electric Range

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Basement

  • Interior and Exterior Basement Entry
  • Laundry in Basement

Outdoor Features

  • Outdoor Storage

Schools

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

Utilities

  • No Cooling
  • Forced Air Heating System
  • Electric Water Heater
  • Septic Tank
  • Satellite Dish
  • Cable TV Available

Community Details

  • Community Pool

Listing and Financial Details

  • Assessor Parcel Number 147A69

Home Details

Home Type

Single Family

Est. Annual Taxes

$243

Year Built

Built in 1946

Lot Details

0

Listing Details

  • FILLACRES: 1.9170
  • BuildingOnProperty: Storage Building
  • Directions: 29 South to left on Elon Rd., Property on Right
  • Lot Measurement: Acres
  • Lot Sq Ft: 83505.00
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 147A69
  • Year Built: 1946
  • Heating System: Forced Warm Air-Oil
  • Building Stories: One and One Half
  • Dwelling Styles: Bungalow
  • Laundryroom Dim: 0.000 x 0.000
  • Living Room Dim: 14.000 x 12.000
  • Livingroom Len: 14.000
  • Livingroom Wid: 12.000
  • Masterbedroom Area: 156.000000
  • Master Bedroom Dim: 13.000 x 12.000
  • Masterbedroom Len: 13.000
  • 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: 1
  • Broker Approved: Yes
  • Legal Description: Part of Lot2, Parcel ID 147 A 169, Record# 15203
  • Reciprocal Listing: No
  • Above Grade Finished Sq Ft: 1260.00
  • ApplianceConvey: Range-Elec
  • Has Attic: Scuttle
  • Has Basement: Exterior Entrance, Interior Entrance
  • Flooring: Hardwood, Vinyl
  • Year Built Exception: 0
  • Deck: 18x8 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 1
  • Interior Amenities: Cable Available, Ceiling Fan(s), Drywall, Paneling
  • Dining Kitchen: 14x12 Level: Level 1 Above Grade
  • Laundry: Basement
  • Living Room: 14x12 Level: Level 1 Above Grade
  • Master Bedroom: 13x12 Level: Level 1 Above Grade
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 168.000000
  • LivingRoom Area: 168.000000
  • 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: Pool Nearby, Garden Space, Satellite Dish

Garage/Parking

  • Garage Dim: 0.000 x 0.000

Utilities

  • Utility Electric: AEP/Appalachian Powr
  • Air Conditioner: None
  • Sewer: Septic Tank
  • Hot Water: County
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors

Schools

  • Elementary School: Elon Elem
  • High School: Amherst High
  • Middle School: Monelison Midl
  • School District: Amherst

Lot Info

  • Lot Sq Ft: 1260.00
  • Zoning: Res

Tax Info

  • Estimated Taxes: 243

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2018
Closed on
Jun 6, 2018
Sold by
Morgan Thomas E and Morse Cynthia M
Bought by
Cascio William J and Cascio Patricia A
Seller's Agent
KRISTIN WOOD
Montague Miller And Co.-Amher
Buyer's Agent
KRISTIN WOOD
Montague Miller And Co.-Amher
List Price
$46,900
Sold Price
$40,000
Premium/Discount to List
-$6,900
-14.71%
Current Estimated Value
$178,857

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,857
Avg. Annual Appreciation
22.43%

Purchase Details

Closed on
Feb 19, 2008
Sold by
Morgan Thomas E and Morgan Minnie K
Bought by
Morgan Thomas E and Morse Cynthia M
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
Cascio William J $40,000 Attorney
Morgan Thomas E -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/06/2018 06/06/18 Sold $40,000 -14.7% $32 / Sq Ft
05/28/2018 05/28/18 Pending -- -- --
05/16/2018 05/16/18 For Sale $46,900 -- $37 / 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 $470 $77,000 $32,100 $44,900
2024 $470 $77,000 $32,100 $44,900
2023 $470 $77,000 $32,100 $44,900
2022 $470 $77,000 $32,100 $44,900
2021 $470 $77,000 $32,100 $44,900
2020 $470 $77,000 $32,100 $44,900
2019 $484 $79,400 $38,100 $41,300
2018 $484 $79,400 $38,100 $41,300
2017 $484 $79,400 $38,100 $41,300
2016 $484 $79,400 $38,100 $41,300
2015 $222 $79,400 $38,100 $41,300
2014 $445 $79,400 $38,100 $41,300
Source: Public Records

Agents Affiliated with this Home

  • KRISTIN WOOD

    Seller's Agent in 2018

    KRISTIN WOOD

    Montague Miller And Co.-Amher

    (434) 942-4680

    6 in this area

    43 Total Sales

    KRISTIN WOOD
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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 311903

APN: 147-A-169

Virginia Amherst County Madison Heights 24572

350 Elon Rd, Madison Heights, VA

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