NOT LISTED FOR SALE

502 Madison Place Staunton, VA 24401

Staunton Area

Estimated Value: $414,642

2 Beds
1.5 Baths
1,640 Sq Ft
$253/Sq Ft Est. Value

Sale Details

Date Sold: March 9, 2023

Last sale price $383,300 $234 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,576 / mo

4 Days on Market

Highlights

  • Mountain View
  • Wood Flooring
  • Front Porch
  • Multiple Fireplaces
  • Loft
  • Eat-In Kitchen

About This Home

As of March 2023

The best way to describe this home is directly from the Seller: Nestled in the heart of Staunton's Newtown District, I immediately fell in love with this home's enchanted garden. Having been a city dweller my entire life, this is the picturesque home that concrete kids dream about. Every morning I had coffee in the breakfast nook, surrounded by beautiful flowers and birds. I enjoyed cooking in the updated kitchen which includes quartz countertops, marble backsplash and stainless still appliances. I could watch the sunset through the mountains from the primary bedroom each night. The bright and cozy rooms were wonderful for intimate dinners with my friends. I even wrote part of my book tucked away in my office in the loft overlooking the mountain. I especially love the easy walk to Crucible Coffee or the farmer's market on weekends, and the shops on Beverly are just a few blocks beyond. Wonderful and welcoming home for anyone who has been charmed by historic Staunton. Take a look today and appreciate all this home has to offer!

Last Agent to Sell the Property

KERI MARTIN

OLD DOMINION REALTY INC - AUGUSTA License #225194151 Listed on: 02/16/2023

OLD DOMINION REALTY INC - AUGUSTA

Last Buyer's Agent

Nicole Fauver

LONG & FOSTER REAL ESTATE INC STAUNTON/WAYNESBORO License #0225228496

LONG & FOSTER REAL ESTATE INC STAUNTON/WAYNESBORO
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,217

Year Built

  • Built in 1900

Lot Details

  • 4,792 Sq Ft Lot
  • Partially Fenced Property
  • Landscaped
  • Property is zoned R-4 Residential

Parking

  • Gravel Driveway

Home Design

  • Concrete Block With Brick
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Multiple Fireplaces
  • Living Room with Fireplace
  • Dining Room
  • Loft
  • Mountain Views
  • Stacked Washer and Dryer

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Outdoor Features

  • Patio
  • Front Porch

Schools

  • Bessie Weller Elementary School
  • Shelburne Middle School
  • Staunton High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 657

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,217

Year Built

Built in 1900

Lot Details

4,792 Sq Ft Lot

Listing Details

  • Class: RESIDENTIAL
  • Property Type: Detached
  • Above Grade Finished Sq Ft: 1640
  • Below Grade Total Sq Ft: 716
  • Design: Traditional
  • L V T Date: 02/16/2023
  • Parcel Number: 657
  • Price Per Sq Ft: 233.72
  • Property Included: Dishwasher, Electric Range, Microwave, Refrigerator, Stackable Washer/Dryer
  • Total Sq Ft: 2356
  • Total Unfinished Sq Ft: 716
  • Type of Construction: On Site Built
  • Zoning: R-4 Residential
  • Subdivision: NONE
  • Comments: Yes
  • Concatenated Rooms1: |Living Roo1|Dining Roo1|Kitchen1|Half Bath1|Bedroom2|Bedroom2|Full Bath2|Loft3|
  • Structures Deck Porch: Patio, Porch - Front
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Unfinished Below Grade Sq Ft: 716
  • Fireplace: One
  • Laundry: Stack Unit
  • Room 1: Living Room,15x13,On Level: 1
  • Room 2: Dining Room,12.5x11.8,On Level: 1
  • Room 3: Kitchen,19.6x8.7,On Level: 1
  • Room 4: Half Bath,6.5x3.7,On Level: 1
  • Room 5: Bedroom,14.9x12.9,On Level: 2
  • Room 6: Bedroom,14.9x12,On Level: 2
  • Room 7: Full Bath,8x6,On Level: 2
  • Room 8: Loft,27.2x10x11,On Level: 3
  • Total Finished Sq Ft: 1640
  • Above Grade Finished Sq Ft: 1640
  • Fireplace Location: Living Room
  • Foundation: Concrete Block
  • Kitchen Appliances Feat: Dishwasher, Disposal, Eat-in, Electric Range, Microwave, Refrigerator
  • Kitchen Cabinets Counters: Quartz Counter, Wood Cabinets
  • Land Description: Landscaped
  • Level: 2 Story
  • Bathrooms: 1.5
  • Number of Main Level Bathrooms: 0.5
  • Number Beds: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Room Types: Bedroom, Dining Room, Full Bath, Half Bath, Kitchen, Living Room, Loft
  • Room Types Level1: Dining Room (L1), Half Bath (L1), Kitchen (L1), Living Room (L1)
  • Room Types Level2: Bedroom (L2+), Full Bath (L2+), Loft (L2+)
  • Source of Sq Ft: Public Records

Exterior Features

  • Fence: Partially Fenced
  • Exterior: Wood
  • Number Of Acres: 0.11
  • Roof: Metal - Tin
  • Structure Floors: Ceramic Tile, Hardwood
  • View: Mountain View
  • Yard: Landscaped

Garage/Parking

  • Driveway Parking: Gravel, Off Street

Utilities

  • Cooling: Central AC
  • Heating: Forced Air, Natural Gas
  • Cable Available: Cable, DSL, Dish/Satellite
  • Gas: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water: Public Water

Building Info

  • Year Built: 1900

Tax Info

  • Year: 2023
  • Taxes: 3217

MLS Schools

  • HighSchool: Staunton
  • Middle School: Shelburne
  • Elementary School: Bessie Weller

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2023
Closed on
Mar 10, 2023
Sold by
Bought by
Seller's Agent
KERI MARTIN
OLD DOMINION REALTY INC - AUGUSTA
Buyer's Agent
Nicole Fauver
LONG & FOSTER REAL ESTATE INC STAUNTON/WAYNESBORO
List Price
$374,900
Sold Price
$383,300
Premium/Discount to List
$8,400
2.24%
Views
49
Current Estimated Value
$414,642

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,342
Avg. Annual Appreciation
2.33%

Purchase Details

Listed on
Dec 12, 2021
Closed on
Jan 13, 2022
Sold by
Bought by
Seller's Agent
Beverly Stermer
REAL BROKER LLC
Buyer's Agent
The A Team
NEST REALTY GROUP STAUNTON
List Price
$349,900
Sold Price
$365,000
Premium/Discount to List
$15,100
4.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.35%
Original Mortgage
$292,000
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 18, 2020
Closed on
Jul 17, 2020
Sold by
Bought by
Seller's Agent
Mary Beth Harris
James River Realty - Lexington
Buyer's Agent
Mary Beth Harris
James River Realty - Lexington
List Price
$224,900
Sold Price
$205,000
Premium/Discount to List
-$19,900
-8.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
47.67%
Original Mortgage
$125,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 7, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
5.12%
Mortgage Type
New Conventional
Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$383,300 Sage Title
$365,000 Old Republic Natl Ttl Ins Co
$205,000 Bankers Title Shenandoah
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $292,000
Previous Owner $125,000
Previous Owner $95,000
Previous Owner $95,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/09/2023 03/09/23 Sold $383,300 +2.2% $234 / Sq Ft
02/20/2023 02/20/23 Pending -- -- --
02/16/2023 02/16/23 For Sale $374,900 +2.7% $229 / Sq Ft
01/13/2022 01/13/22 Sold $365,000 +4.3% $223 / Sq Ft View Prior Sale
12/14/2021 12/14/21 Pending -- -- --
12/12/2021 12/12/21 For Sale $349,900 +70.7% $213 / Sq Ft
07/20/2020 07/20/20 Sold $205,000 -8.8% $125 / Sq Ft View Prior Sale
06/16/2020 06/16/20 Pending -- -- --
05/18/2020 05/18/20 For Sale $224,900 -- $137 / Sq Ft
Source: Charlottesville Area Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $3,518 $386,570 $33,170 $353,400
2025 $3,518 $386,570 $33,170 $353,400
2024 $3,112 $349,690 $29,690 $320,000
2023 $3,112 $349,690 $29,690 $320,000
2022 $1,651 $179,480 $20,980 $158,500
2021 $1,651 $179,480 $20,980 $158,500
2020 $1,245 $131,080 $20,980 $110,100
2019 $1,245 $131,080 $20,980 $110,100
2018 $1,239 $127,680 $20,980 $106,700
2017 $1,239 $127,680 $20,980 $106,700
2016 $1,148 $120,880 $20,980 $99,900
2015 $1,148 $120,880 $20,980 $99,900
2014 $1,063 $111,880 $20,980 $90,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Charlottesville Area Association of REALTORS®

MLS Number: 638633

Charlottesville Area Association of REALTORS®

APN: 657

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