NOT LISTED FOR SALE

5101 S Amherst Hwy Madison Heights, VA 24572

Estimated Value: $203,000 - $306,000

3 Beds
2 Baths
1,603 Sq Ft
$149/Sq Ft Est. Value

Last Sold May 03, 2024

Last sale price $230,000 $143 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $1,305/month

6 Days on Market

Highlights

  • Cape Cod Architecture
  • Wood Flooring
  • Attic
  • Mountain View
  • Finished Attic
  • Landscaped

About This Home

As of May 2024

Have you been looking for an affordable, low maintenance home close to Lynchburg but without paying Lynchburg city taxes? This is it! Here you'll find gorgeous natural light with all new replacement windows and a completely redone kitchen with new cabinets, recessed lighting, stainless steel appliances, and a fun, patterned tile floor. Fresh paint throughout, new carpeting upstairs, refinished hardwood floors downstairs, new central AC unit, new minisplit for upstairs, new water heater, and a new 200 amp electrical panel are just some of the many updates done to this home in recent months. The door leading up to your your very own primary bedroom retreat is just off the living room. In your upstairs oasis, you'll find a HUGE bedroom, walk-in closet, an area that would make a great reading nook, and a beautiful full bathroom with tiled shower. The full basement offers ample storage and even comes with a corner shower that would be perfect for bathing your favorite four-legged friend!

Last Agent to Sell the Property

Kari Carlile

NextHome TwoFourFive License #0225224733 Listed on: 03/13/2024

NextHome TwoFourFive

Last Buyer's Agent

Shane Timberlake

Karl Miller Realty LLC License #0225247602

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $638

Year Built

  • Built in 1949

Lot Details

  • 9,235 Sq Ft Lot
  • Landscaped
  • Property is zoned P1

Parking

  • Off-Street Parking

Home Design

  • Cape Cod Architecture
  • Shingle Roof
  • Plaster

Interior Spaces

  • 1,603 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Living Room with Fireplace
  • Mountain Views
  • Finished Attic

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • Bathtub Includes Tile Surround

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Laundry in Basement
  • Rough-In Basement Bathroom

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 155DA49

Home Details

Home Type

Single Family

Est. Annual Taxes

$638

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Directions: On Business 29, take the exit for Hwy 163. Look for 5101 S Amherst Hwy near Phelps Rd.
  • Internet Providers: Comcast/Xfinity
  • Days On Market: No
  • Prop. Type: Residential
  • Year Built: 1949
  • Garage Yn: No
  • Property Sub-Type: Single Family Residence
  • Above Grade Finished Sq Ft: 1603.00
  • Architectural Style: Cape Cod
  • Laundryroom Dim: 0.000 x 0.000
  • 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)
  • Broker Approved: Yes
  • Reciprocal Listing: No
  • Has Attic: Finished, Windows
  • Has Basement: Exterior Entrance, Full, Interior Entrance, Roughed in Bath
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Formal Dining: 11x9 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 1
  • Level 2 Full Bathrooms: 1
  • Interior Amenities: Ceiling Fan(s), Drywall, Main Level Bedroom, Primary Bed w/Bath, Plaster, Tile Bath(s)
  • Dining Kitchen: 11x10 Level: Level 1 Above Grade
  • Laundry: Basement, Dryer Connection, Washer Connections
  • Living Room: 17x13 Level: Level 1 Above Grade
  • Master Bedroom: 18x13 Level: Level 2 Above Grade
  • Appliances: Dishwasher, Dryer, Microwave, Range-Elec, Refrigerator, Washer
  • Fireplace: 1 Fireplace, Living Room
  • Stories: One and One Half
  • Third Bedroom: 12x11 Level: Level 1 Above Grade
  • Second Bedroom: 12x10 Level: Level 1 Above Grade
  • Room Bedroom3 Area: 132.000000
  • Room Master Bedroom Area: 234.000000
  • Room Kitchen Area: 110.000000
  • Room Living Room Area: 221.000000
  • Room Bedroom2 Area: 120.000000
  • MasterBedroomDimensions Dim: 18.000 x 13.000
  • Kitchen Dim: 11.000 x 10.000
  • Sunroom Dim: 0.000 x 0.000
  • Master Bedroom Master Bedroom Width: 13.000

Exterior Features

  • Lot Number: B
  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: Off-Street Parking, Landscaped, Insulated Glass, Mountain Views

Garage/Parking

  • Garage Dim: 0.000 x 0.000

Utilities

  • Utility Electric: AEP/Appalachian Powr
  • Cooling: Central Electric, Mini-Split
  • Sewer: County
  • Water Heater: Electric
  • Heating: Forced Warm Air-Oil
  • Water Source: County

Schools

  • Elementary School: Madison Heights Elem
  • High School: Amherst High
  • Middle School: Monelison Midl
  • Junior High Dist: Amherst

Lot Info

  • Zoning: P1
  • Acres: 0.2120
  • Lot Size Sq Ft: 9235.00
  • ResoLotSizeUnits: Acres
  • Parcel Number: 155DA49
  • ResoLotSizeUnits: Acres

Rental Info

  • Sub Lease: No
  • Sub Lease Expiration Date: 1800-01-01T00:00:00.001-05:00

Tax Info

  • Estimated Taxes: 638

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2024
Closed on
Apr 17, 2024
Sold by
Acorn Homes Llc
Bought by
Phillips Isabella M and Barksdale Anthony J
Seller's Agent
Kari Carlile
NextHome TwoFourFive
Buyer's Agent
Shane Timberlake
Karl Miller Realty LLC
List Price
$230,000
Sold Price
$230,000
Views
60
Current Estimated Value
$238,071

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,071
Avg. Annual Appreciation
2.19%
Original Mortgage
$223,100
Outstanding Balance
$219,760
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$18,311

Purchase Details

Closed on
Apr 3, 2023
Sold by
Bane Elizabeth Wilson
Bought by
Acorn Homes Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Phillips Isabella M $230,000 Old Republic National Title
Acorn Homes Llc $65,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Phillips Isabella M $223,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/03/2024 05/03/24 Sold $230,000 0.0% $143 / Sq Ft
03/20/2024 03/20/24 Pending -- -- --
03/13/2024 03/13/24 For Sale $230,000 -- $143 / 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 $638 $104,600 $35,000 $69,600
2024 $638 $104,600 $35,000 $69,600
2023 $638 $104,600 $35,000 $69,600
2022 $638 $104,600 $35,000 $69,600
2021 $638 $104,600 $35,000 $69,600
2020 $638 $104,600 $35,000 $69,600
2019 $648 $106,300 $41,000 $65,300
2018 $648 $106,300 $41,000 $65,300
2017 $648 $106,300 $41,000 $65,300
2016 $648 $106,300 $41,000 $65,300
2015 $298 $106,300 $41,000 $65,300
2014 $595 $106,300 $41,000 $65,300
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2024

    Kari Carlile

    NextHome TwoFourFive

    (434) 221-5393

    13 in this area

    79 Total Sales

    Kari Carlile
    Section Image
  • Shane Timberlake

    Buyer's Agent in 2024

    Shane Timberlake

    Karl Miller Realty LLC

    (434) 907-6250

    5 in this area

    133 Total Sales

    Shane Timberlake
    Section Image
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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 351001

APN: 155D-A-49

Virginia Amherst County Madison Heights 24572

5101 S Amherst Hwy, Madison Heights, VA

Not Listed for Sale

Detached

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