NOT LISTED FOR SALE

580 Old Wright Shop Rd Madison Heights, VA 24572

Estimated Value: $185,000 - $206,000

2 Beds
1 Bath
1,200 Sq Ft
$163/Sq Ft Est. Value

Sale Details

Date Sold: April 14, 2022

Last sale price $165,000 $138 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $1,120 / mo

59 Days on Market

Highlights

  • Ranch Style House
  • Fenced Yard
  • Laundry Room
  • Formal Dining Room
  • Storm Windows
  • Garden

About This Home

As of April 2022

Very affordable housing and with option of USDA 100% financing. Brand new roof and heat pump installed. The kitchen has been completely remodeled with new cabinets and butcher block countertops with a subway tile backsplash. Brand new stainless steel appliances will be installed prior to closing. The bathroom has been updated with brand new vanity, tile flooring, medicine cabinet, and new toilet. There are two spacious bedrooms with a formal dining room and living room along with an addition on the rear. Separate laundry room with washer/dryer conveying and large coat closet. Off the rear of the home is a massive deck for cookouts with fenced-in space and a covered rocking chair front porch.

Last Agent to Sell the Property

Schyler Higgins

Cornerstone Realty Group Inc. License #0225225837 Listed on: 01/12/2022

Last Buyer's Agent

Pat Whitehouse

RE/MAX 1st Olympic License #0225 041303

RE/MAX 1st Olympic

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $378

Year Built

  • Built in 1949

Lot Details

  • 10,803 Sq Ft Lot
  • Fenced Yard
  • Landscaped
  • Garden
  • Property is zoned R2

Home Design

  • Ranch Style House
  • Shingle Roof

Interior Spaces

  • 1,200 Sq Ft Home
  • Ceiling Fan
  • Formal Dining Room
  • Vinyl Plank Flooring
  • Crawl Space
  • Attic Access Panel

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Home Security

  • Storm Windows
  • Storm Doors
  • Fire and Smoke Detector

Outdoor Features

  • Outdoor Storage

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 161C1A80

Home Details

Home Type

Single Family

Est. Annual Taxes

$378

Year Built

Built in 1949

Lot Details

10,803 Sq Ft Lot

Listing Details

  • FILLACRES: 0.2480
  • BuildingOnProperty: Storage Building
  • Directions: Rt. 29 to Seminole Drive to the end. Turn left onto Old Wright Shop Rd. to left into 1st driveway. Continue one mile to home on the right.
  • Lot Measurement: Acres
  • Lot Sq Ft: 10803.00
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 161C1A80
  • Year Built: 1949
  • Heating System: Heat Pump
  • Building Stories: One
  • Dwelling Styles: Ranch
  • Laundryroom Dim: 0.000 x 0.000
  • Living Room Dim: 12.000 x 12.000
  • Livingroom Len: 12.000
  • Livingroom Wid: 12.000
  • Masterbedroom Area: 144.000000
  • Master Bedroom Dim: 12.000 x 12.000
  • Masterbedroom Len: 12.000
  • Masterbedroom Wid: 12.000
  • Office Dim: 0.000 x 0.000
  • Other Room1 Area: 221.000000
  • Other Room1 Len: 17.000
  • 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: FRONTS WRIGHT SHOP ROAD ON ST ROUTE 833
  • Reciprocal Listing: No
  • Second Bedroom: 12x12 Level: Level 1 Above Grade
  • Second Bedroom Area: 144.000000
  • Above Grade Finished Sq Ft: 1200.00
  • ApplianceConvey: Dishwasher, Dryer, Microwave, Range-Elec, Refrigerator, Washer
  • Has Attic: Access
  • Has Basement: Crawl Space
  • Flooring: Vinyl Plank
  • Year Built Exception: 0
  • Deck: 8x15 Level: Level 1 Above Grade
  • Formal Dining: 12x10 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 1
  • Interior Amenities: Ceiling Fan(s), Main Level Bedroom, Pantry, Separate Dining Room, Smoke Alarm
  • Dining Kitchen: 15x10 Level: Level 1 Above Grade
  • Laundry: Dryer Connection, Laundry Room, Main Level, Separate Laundry Rm., Washer Connections
  • Living Room: 12x12 Level: Level 1 Above Grade
  • Master Bedroom: 12x12 Level: Level 1 Above Grade
  • Other Room 1: 17x13 Level: Level 1 Above Grade
  • Porch: 10x14 Level: Level 1 Above Grade
  • Additional Room 1 Description: Addition on rear
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 150.000000
  • LivingRoom Area: 144.000000
  • Est Other Room1 Dim: 17.000 x 13.000
  • 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: Fenced Yard, Garden Space, Landscaped, Storm Windows, Storm Doors

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: 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: 1200.00
  • Zoning: R2

Tax Info

  • Estimated Taxes: 378

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2022
Closed on
Apr 13, 2022
Sold by
Lynchburg Cornerstone Group Llc
Bought by
Carpenter Rosco M
Seller's Agent
Schyler Higgins
Cornerstone Realty Group Inc.
Buyer's Agent
Pat Whitehouse
RE/MAX 1st Olympic
List Price
$159,900
Sold Price
$165,000
Premium/Discount to List
$5,100
3.19%
Current Estimated Value
$195,030

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,030
Avg. Annual Appreciation
4.25%
Original Mortgage
$166,666
Outstanding Balance
$154,288
Interest Rate
3.76%
Mortgage Type
New Conventional
Estimated Equity
$40,742

Purchase Details

Closed on
Oct 5, 2021
Sold by
Litchford Anita E
Bought by
Lynchburg Cornerstone Group Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
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Adjusted for Inflation
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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
Carpenter Rosco M -- None Listed On Document
Lynchburg Cornerstone Group Llc $62,000 Mountain View Stlmnt Svcs
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carpenter Rosco M $166,666
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/14/2022 04/14/22 Sold $165,000 +3.2% $138 / Sq Ft
03/12/2022 03/12/22 Pending -- -- --
01/12/2022 01/12/22 For Sale $159,900 -- $133 / 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 $1,118 $183,200 $21,000 $162,200
2025 $612 $100,300 $17,500 $82,800
2024 $612 $100,300 $17,500 $82,800
2023 $612 $100,300 $17,500 $82,800
2022 $612 $62,000 $17,500 $44,500
2021 $378 $62,000 $17,500 $44,500
2020 $378 $62,000 $17,500 $44,500
2019 $415 $68,000 $23,500 $44,500
2018 $415 $68,000 $23,500 $44,500
2017 $415 $68,000 $23,500 $44,500
2016 $415 $68,000 $23,500 $44,500
2015 $381 $68,000 $23,500 $44,500
2014 $381 $68,000 $23,500 $44,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 335700

APN: 161C1-A-80

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