NOT LISTED FOR SALE

460 Old Wright Shop Rd Madison Heights, VA 24572

Estimated Value: $146,000 - $266,741

4 Beds
2 Baths
2,756 Sq Ft
$77/Sq Ft Est. Value

Sale Details

Date Sold: November 12, 2020

Last sale price $77,150 $28 Per Sq Ft

Est. 176% increase in value since last sale

Current estimated payment $1,194 / mo

22 Days on Market

Highlights

  • Wood Flooring
  • En-Suite Primary Bedroom
  • Forced Air Heating System
  • Main Floor Bedroom

About This Home

As of November 2020

Great investment property in Madison Heights. Large corner lot convenient to shopping, restaurants, and softball!

Last Agent to Sell the Property

Laura Ruff

Sam E Davis Real Estate License #0225031494 Listed on: 08/03/2020

Last Buyer's Agent

Jimmy Miller

John Stewart Walker, Inc License #0225201733

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $482

Year Built

  • Built in 1919

Lot Details

  • 38,333 Sq Ft Lot

Home Design

  • Shingle Roof
  • Metal Roof

Interior Spaces

  • 2,756 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Schools

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

Utilities

  • Forced Air Heating System
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 161-C1-A-67

Home Details

Home Type

Single Family

Est. Annual Taxes

$482

Year Built

Built in 1919

Lot Details

0.88 Acres

Listing Details

  • FILLACRES: 0.8800
  • Directions: From Lynchburg 29 to Madison Heights right on Seminole Drive to Old Wright Shop Road. Property is on the corner
  • Lot Measurement: Acres
  • Lot Sq Ft: 38333.00
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 161-C1-A-67
  • Year Built: 1919
  • Heating System: Forced Warm Air-Elec
  • Building Stories: Two
  • Dwelling Styles: Two Story
  • Laundryroom Dim: 0.000 x 0.000
  • Living Room Dim: 0.000 x 0.000
  • Masterbedroom Area: 285.000000
  • Master Bedroom Dim: 15.000 x 19.000
  • Masterbedroom Len: 15.000
  • Masterbedroom Wid: 19.000
  • 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: Corner of Wright Shop Road and Seminole Drive
  • Reciprocal Listing: No
  • Second Bedroom: 10x10 Level: Level 2 Above Grade
  • Second Bedroom Area: 100.000000
  • Third Bedroom: 10x10 Level: Level 2 Above Grade
  • Third Bedroom Area: 100.000000
  • Fourth Bedroom: 10x10 Level: Level 2 Above Grade
  • Fourth Bedroom Area: 100.000000
  • Above Grade Finished Sq Ft: 2756.00
  • ApplianceConvey: None
  • Has Attic: None
  • Has Basement: Crawl Space
  • Flooring: Carpet, Hardwood
  • Year Built Exception: 0
  • Level 1 Full Bathrooms: 1
  • Level 2 Full Bathrooms: 1
  • Interior Amenities: Main Level Bedroom, Master Bed w/ Bath
  • Laundry: Dryer Connection, Main Level, Washer Connections
  • Master Bedroom: 15x19 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, Shingle
  • New Construction: Completed
  • Exterior Features: Other

Garage/Parking

  • Garage Dim: 0.000 x 0.000

Utilities

  • Utility Electric: AEP/Appalachian Powr
  • Air Conditioner: Heat Pump
  • Sewer: City
  • Hot Water: City
  • 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: 2756.00
  • Zoning: R-1

Tax Info

  • Estimated Taxes: 482

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2020
Closed on
Oct 8, 2020
Sold by
Powells Tire Company
Bought by
Smith Nicholas T and Smith Malcolm H
Seller's Agent
Laura Ruff
Sam E Davis Real Estate
Buyer's Agent
Jimmy Miller
John Stewart Walker, Inc
List Price
$75,000
Sold Price
$77,150
Premium/Discount to List
$2,150
2.87%
Current Estimated Value
$213,247

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,097
Avg. Annual Appreciation
20.59%
Original Mortgage
$77,929
Outstanding Balance
$68,390
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$144,857
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Smith Nicholas T $77,150 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Nicholas T $77,929
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/12/2020 11/12/20 Sold $77,150 +2.9% $28 / Sq Ft
08/25/2020 08/25/20 Pending -- -- --
08/03/2020 08/03/20 For Sale $75,000 -- $27 / Sq Ft
Source: Lynchburg Association of REALTORS®

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
2026 $761 $124,700 $36,000 $88,700
2025 $481 $78,900 $30,000 $48,900
2024 $481 $78,900 $30,000 $48,900
2023 $481 $78,900 $30,000 $48,900
2022 $481 $78,900 $30,000 $48,900
2021 $481 $78,900 $30,000 $48,900
2020 $481 $78,900 $30,000 $48,900
2019 $527 $86,400 $36,000 $50,400
2018 $527 $86,400 $36,000 $50,400
2017 $527 $86,400 $36,000 $50,400
2016 $527 $86,400 $36,000 $50,400
2015 $484 $86,400 $36,000 $50,400
2014 $484 $86,400 $36,000 $50,400
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2020

    Laura Ruff

    Sam E Davis Real Estate

    (434) 485-2935

    7 Total Sales

    Laura Ruff
    Section Image
  • Jimmy Miller

    Buyer's Agent in 2020

    Jimmy Miller

    John Stewart Walker, Inc

    (434) 942-8547

    1 in this area

    156 Total Sales

    Jimmy Miller
    Section Image
See All Agents

Map

Source: Lynchburg Association of REALTORS®

MLS Number: 326389

APN: 161C1-A-67

Virginia Amherst County Madison Heights 24572

460 Old Wright Shop 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
Your Personal Tour Guide

Ask me questions while you tour the home.