NOT LISTED FOR SALE

387 Thomas Rd Madison Heights, VA 24572

Estimated Value: $123,988 - $186,000

2 Beds
1 Bath
912 Sq Ft
$178/Sq Ft Est. Value

Last Sold November 24, 2020

Last sale price $55,000 $60 Per Sq Ft

Est. 195% increase in value since last sale

Current estimated payment $890/month

118 Days on Market

Highlights

  • River Nearby
  • Contemporary Architecture
  • 1-Story Property
  • Community Lake
  • Wood Flooring
  • Ceiling Fan

About This Home

As of November 2020

New roof 2020. New water heater April 2020. Freshly painted 2 bedroom 1 bath home on 1 acre. New carpet in bedrooms. Additional space in basement for storage or future expansion with exterior access but needs foundation work. Conveniently located to shopping/dining in either Madison Heights or Downtown Lynchburg.

Last Agent to Sell the Property

Susie Rowland

Long & Foster-Forest License #0225237604 Listed on: 07/21/2020

Long & Foster-Forest

Last Buyer's Agent

Josh Sutton

Mark A. Dalton & Co., Inc. License #0225201110

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $330

Year Built

  • Built in 1946

Lot Details

  • 1

Home Design

  • Contemporary Architecture
  • Shingle Roof

Interior Spaces

  • 912 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Attic Access Panel
  • Electric Range

Flooring

  • Wood
  • Wood Under Carpet
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Laundry in Basement

Schools

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

Utilities

  • Heat Pump System
  • Septic Tank

Additional Features

  • River Nearby
  • 1 Acre Lot

Community Details

  • Henry Gouyer Subdivision
  • Community Lake

Listing and Financial Details

  • Assessor Parcel Number 15562

Home Details

Home Type

Single Family

Est. Annual Taxes

$330

Year Built

Built in 1946

Lot Details

0

Listing Details

  • FILLACRES: 1.0000
  • Directions: 29 North to left on Dillard Rd to left on Thomas Rd. To sign on left.
  • Lot Measurement: Acres
  • Lot Sq Ft: 43560.00
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 15562
  • Year Built: 1946
  • Heating System: Heat Pump
  • Building Stories: One
  • Dwelling Styles: Contemporary
  • Laundryroom Dim: 0.000 x 0.000
  • Living Room Dim: 12.000 x 15.000
  • Livingroom Len: 12.000
  • Livingroom Wid: 15.000
  • Masterbedroom Area: 192.000000
  • Master Bedroom Dim: 16.000 x 12.000
  • Masterbedroom Len: 16.000
  • 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: 2
  • Broker Approved: Yes
  • Legal Description: Henry Gouyer Lot 2
  • Reciprocal Listing: No
  • Second Bedroom: 12x11 Level: Level 1 Above Grade
  • Second Bedroom Area: 132.000000
  • Above Grade Finished Sq Ft: 912.00
  • ApplianceConvey: Range-Elec, Refrigerator
  • Has Attic: Access
  • Has Basement: Exterior Entrance, Full, Partitioned, Walkout
  • Flooring: Carpet, Carpet Over Hardwood, Hardwood, Vinyl
  • Year Built Exception: 0
  • Deck: 6x6 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 1
  • Interior Amenities: Ceiling Fan(s), Main Level Bedroom
  • Dining Kitchen: 12x12 Level: Level 1 Above Grade
  • Laundry: Basement
  • Living Room: 12x15 Level: Level 1 Above Grade
  • Master Bedroom: 16x12 Level: Level 1 Above Grade
  • Porch: 14x6 Level: Level 1 Above Grade
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 144.000000
  • LivingRoom Area: 180.000000
  • 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: River Nearby, Lake Nearby

Garage/Parking

  • Garage Dim: 0.000 x 0.000

Utilities

  • Utility Electric: AEP/Appalachian Powr
  • Air Conditioner: Heat Pump
  • Sewer: Septic Tank
  • Hot Water: County
  • Water Heater: Other

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors
  • Subdivision Complex: Henry Gouyer

Schools

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

Lot Info

  • Lot Sq Ft: 912.00

Tax Info

  • Estimated Taxes: 330

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2020
Closed on
Nov 23, 2020
Sold by
Coffey Ashley E
Bought by
Klous Travis and Lieb Jennifer
Seller's Agent
Susie Rowland
Long & Foster-Forest
Buyer's Agent
Josh Sutton
Mark A. Dalton & Co., Inc.
List Price
$87,900
Sold Price
$55,000
Premium/Discount to List
-$32,900
-37.43%
Current Estimated Value
$162,247

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,247
Avg. Annual Appreciation
24.54%
Original Mortgage
$55,000
Outstanding Balance
$48,942
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$113,305

Purchase Details

Closed on
Sep 21, 2010
Sold by
Coffey John E
Bought by
Coffey Ashley E
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Klous Travis $55,000 Attorney
Coffey Ashley E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Klous Travis $55,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/24/2020 11/24/20 Sold $55,000 -37.4% $60 / Sq Ft
11/16/2020 11/16/20 Pending -- -- --
07/21/2020 07/21/20 For Sale $87,900 -- $96 / 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 $426 $69,800 $17,500 $52,300
2024 $426 $69,800 $17,500 $52,300
2023 $426 $69,800 $17,500 $52,300
2022 $426 $69,800 $17,500 $52,300
2021 $426 $69,800 $17,500 $52,300
2020 $328 $53,800 $17,500 $36,300
2019 $348 $57,100 $23,500 $33,600
2018 $348 $57,100 $23,500 $33,600
2017 $348 $57,100 $23,500 $33,600
2016 $348 $57,100 $23,500 $33,600
2015 $320 $57,100 $23,500 $33,600
2014 $320 $57,100 $23,500 $33,600
Source: Public Records

Agents Affiliated with this Home

  • Susie Rowland

    Seller's Agent in 2020

    Susie Rowland

    Long & Foster-Forest

    (434) 316-6100

    2 in this area

    95 Total Sales

    Susie Rowland
    Section Image

  • J

    Buyer's Agent in 2020

    Josh Sutton

    Mark A. Dalton & Co., Inc.

    (434) 609-0800

    4 in this area

    94 Total Sales

    Josh Sutton
    Section Image
See All Agents

Map

Source: Lynchburg Association of REALTORS®

MLS Number: 326217

APN: 155-6-2

Virginia Amherst County Madison Heights 24572

387 Thomas Rd, Madison Heights, VA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed to be reliable but not guaranteed.

Nearby Homes