NOT LISTED FOR SALE

512 Old Wright Shop Rd Madison Heights, VA 24572

Estimated Value: $134,000 - $218,565

3 Beds
2 Baths
1,832 Sq Ft
$103/Sq Ft Est. Value

Last Sold June 23, 2017

Last sale price $71,800 $39 Per Sq Ft

Est. 163% increase in value since last sale

Current estimated payment $1,026/month

206 Days on Market

About This Home

As of June 2017

This home is located at 512 Old Wright Shop Rd, Madison Heights, VA 24572 since 22 November 2016 and is currently estimated at $188,891, approximately $103 per square foot. This property was built in 1939. 512 Old Wright Shop Rd is a home located in Amherst County with nearby schools including Madison Heights Elementary School, Monelison Middle School, and Amherst County High School.

Last Agent to Sell the Property

Alton Peters

Sam E Davis Real Estate License #0225002381 Listed on: 11/22/2016

Co-Listed By

Sam Davis

Sam E Davis Real Estate License #0225000994

Last Buyer's Agent

Robin Lee

Legacy Realty and Development License #0225210867

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $406

Year Built

  • Built in 1939

Lot Details

  • 0.71 Acre Lot
  • Property is zoned R1

Home Design

  • Metal Roof
  • Plaster

Interior Spaces

  • 1,832 Sq Ft Home
  • 2-Story Property
  • Crawl Space
  • Attic Access Panel
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom

Schools

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

Utilities

  • Heat Pump System
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 161C1A71

Home Details

Home Type

Single Family

Est. Annual Taxes

$406

Year Built

Built in 1939

Lot Details

0

Listing Details

  • FILLACRES: 0.7100
  • Directions: 29 N Business to right onto Seminole Drive to right onto Old Wright Shop Road. House on right.
  • Lot Measurement: Acres
  • Lot Sq Ft: 30928.00
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 161C1A71
  • Year Built: 1939
  • Heating System: Heat Pump
  • Building Stories: Two
  • Dwelling Styles: Two Story
  • Laundryroom Dim: 0.000 x 0.000
  • Living Room Dim: 0.000 x 0.000
  • Masterbedroom Area: 161.000000
  • Master Bedroom Dim: 11.500 x 14.000
  • Masterbedroom Len: 11.500
  • Masterbedroom Wid: 14.000
  • 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: 3
  • Broker Approved: Yes
  • Legal Description: Deed Book 620 Page 50
  • Reciprocal Listing: No
  • Above Grade Finished Sq Ft: 1832.00
  • ApplianceConvey: None
  • Has Attic: Access
  • Has Basement: Crawl Space
  • Flooring: Hardwood, Vinyl, Wood
  • Year Built Exception: 0
  • Level 1 Full Bathrooms: 1
  • Level 2 Full Bathrooms: 1
  • Interior Amenities: Main Level Bedroom, Plaster
  • Laundry: Dryer Connection, Washer Connections
  • Master Bedroom: 11.50x14 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
  • New Construction: Completed
  • Exterior Features: Insulated Glass

Garage/Parking

  • Garage Dim: 0.000 x 0.000

Utilities

  • Air Conditioner: Heat Pump
  • Sewer: Septic Tank
  • Hot Water: County
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors

Schools

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

Lot Info

  • Lot Sq Ft: 1832.00
  • Zoning: R1

Tax Info

  • Estimated Taxes: 406

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 22, 2016
Closed on
Jun 20, 2017
Sold by
Newcomb Arthur E
Bought by
Cabell John K and Mwalujuwa Jacquelynn C
Seller's Agent
Alton Peters
Sam E Davis Real Estate
Buyer's Agent
Robin Lee
Legacy Realty and Development
List Price
$72,500
Sold Price
$71,800
Premium/Discount to List
-$700
-0.97%
Current Estimated Value
$188,891

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,091
Avg. Annual Appreciation
12.28%
Original Mortgage
$72,525
Outstanding Balance
$60,375
Interest Rate
4.05%
Mortgage Type
New Conventional
Estimated Equity
$128,516
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
Cabell John K $71,800 Advantage Title & Escrow Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cabell John K $72,525
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/23/2017 06/23/17 Sold $71,800 -1.0% $39 / Sq Ft
06/16/2017 06/16/17 Pending -- -- --
11/22/2016 11/22/16 For Sale $72,500 -- $40 / 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 $423 $69,300 $20,000 $49,300
2024 $423 $69,300 $20,000 $49,300
2023 $423 $69,300 $20,000 $49,300
2022 $423 $69,300 $20,000 $49,300
2021 $423 $69,300 $20,000 $49,300
2020 $423 $69,300 $20,000 $49,300
2019 $442 $72,500 $26,000 $46,500
2018 $442 $72,500 $26,000 $46,500
2017 $442 $72,500 $26,000 $46,500
2016 $442 $72,500 $26,000 $46,500
2015 $406 $72,500 $26,000 $46,500
2014 $406 $72,500 $26,000 $46,500
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2017

    Alton Peters

    Sam E Davis Real Estate

    Section Image

  • S

    Seller Co-Listing Agent in 2017

    Sam Davis

    Sam E Davis Real Estate

    (434) 238-8080

    21 in this area

    51 Total Sales

    Sam Davis
    Section Image

  • R

    Buyer's Agent in 2017

    Robin Lee

    Legacy Realty and Development

    (434) 238-4477

    57 Total Sales

    Robin Lee
    Section Image
See All Agents

Map

Source: Lynchburg Association of REALTORS®

MLS Number: 302322

APN: 161C1-A-71

Virginia Amherst County Madison Heights 24572

512 Old Wright Shop Rd, Madison Heights, VA

This home is located at 512 Old Wright Shop Rd, Madison Heights, VA 24572 since 22 November 2016 and is currently estimated at $188,891, approximately $103 per square foot. This property was built in 1939. 512 Old Wright Shop Rd is a home located in Amherst County with nearby schools including Madison Heights Elementary School, Monelison Middle School, and Amherst County High School.

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