NOT LISTED FOR SALE

581 Madrid Rd Waynesboro, VA 22980

Estimated Value: $299,000 - $386,000

3 Beds
2 Baths
1,459 Sq Ft
$240/Sq Ft Est. Value

Last Sold June 17, 2014

Last sale price $188,000 $129 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $2,016/month

53 Days on Market

About This Home

As of June 2014

U/C HI This well kept & beautifully landscaped home has so many wonderful features, Inside you have an immediate welcoming feel with a spacious open floor plan. Tastefully decorated & perfect for social gatherings! Outside you have a nice deck that attaches to an above ground pool which is also perfect for those summer BBQ's.

Last Agent to Sell the Property

Kevin Lacey

Lacey Real Estate Group Listed on: 04/04/2014

Last Buyer's Agent

Katherine Lytle

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,297

Year Built

1980

Lot Details

0

Listing Details

  • ConservationEsmnt: No
  • Directions: Rt 254 East to intersection with Rt 608. turn North on Rt 608 for short distance to East on Madrid Rd property located app. 2/10th of a mile past Heritage Hills Stables on right, watch for sign.
  • HistoricProperty: No
  • Listing Member Name: Kevin H Lacey
  • Listing Office Short Id: lreg
  • Open House Office I D: 20130315140100883680000000
  • Hoa2 Or Poa: No
  • Prop. Type: Residential/Farm
  • Selling Member Short Id: khl
  • Selling Office Short Id: lreg
  • Subdivision Yn: No
  • TotalFinSFApx: 1459.00
  • Year Built: 1980
  • Taxes Dollars: 718.59
  • TotalAcresApx: 2.33
  • 1StFloorMstrBdrm: Yes
  • PorchDeckPatioDeck: Rear
  • PorchDeckPatioPorch: Front
  • StyleRanch: YES
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Has Basement: Crawl Space
  • Full Bathrooms: 2.00
  • Updated Floor: Carpet, Tile
  • Floor Other: PARQUET
  • Appliances: Dishwasher, Electric Range, Microwave, Refrigerator
  • Has Attic: Scuttle
  • Lower Floor 1 Bedrooms: 3
  • Fireplace: Wood Stove
  • Interior Amenities: Cathedral Ceiling, Flue Available
  • Lower Floor 1 Bedrooms: 7

Exterior Features

  • Exterior: Wood
  • Exterior Features: Deck-Rear
  • Roof: Shingle
  • Street: MADRID
  • Tax Rate: .51
  • Flood Zone: NE
  • Exterior Features: Deck, Porch
  • Guest House: No

Garage/Parking

  • Garage Spaces: Detached
  • GarageOther: 22 X 24 DET.

Utilities

  • Cooling: Central Cooling, Heat Pump Electric
  • Heating: Forced Air, Heat Pump(s)
  • Sewer: Existing Septic
  • Water: Well
  • Water Heater: Electric

Schools

  • Elementary School: Wilson Elementary
  • Middle School: Wilson Middle
  • High School: Wilson High
  • Elementary School: Wilson Elementary
  • High School: Wilson High
  • Middle School: Wilson Middle

Lot Info

  • Future Land Use: No
  • Lot Dimensions: IRR.
  • Property Name: MASSEY
  • Zoning: Residential
  • Best Use: Residential
  • Current Use: Residential

Tax Info

  • Tax Map Number: 58-52D
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2014
Closed on
Jun 2, 2014
Sold by
Massey Michael S
Bought by
Elliott Melissa L
Seller's Agent
Kevin Lacey
Lacey Real Estate Group
Buyer's Agent
Kevin Lacey
Lacey Real Estate Group
List Price
$189,900
Sold Price
$188,000
Premium/Discount to List
-$1,900
-1%
Current Estimated Value
$350,815

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$162,815
Avg. Annual Appreciation
5.65%
Original Mortgage
$182,360
Outstanding Balance
$140,582
Interest Rate
4.33%
Mortgage Type
New Conventional
Estimated Equity
$207,839

Purchase Details

Closed on
Mar 7, 2007
Sold by
Hodge Daniel T and Hodge Holly J
Bought by
Massey Michael S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,759
Interest Rate
6.33%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 22, 2004
Sold by
Wingfield Brandy Renee and Coffey Brandy Renee
Bought by
Hodge Daniel T and Hodge Holly J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,500
Interest Rate
6.62%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Elliott Melissa L $188,000 Attorney
Massey Michael S -- --
Hodge Daniel T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elliott Melissa L $182,360
Previous Owner Massey Michael S $181,115
Previous Owner Separated Michael S Massey $175,595
Previous Owner Massey Michael S $142,759
Previous Owner Hodge Daniel T $122,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2014 06/17/14 Sold $188,000 -1.0% $129 / Sq Ft
05/27/2014 05/27/14 Pending -- -- --
04/04/2014 04/04/14 For Sale $189,900 -- $130 / Sq Ft
Source: Rockbridge Highlands 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 $1,297 $246,200 $73,200 $173,000
2024 $1,297 $249,400 $73,200 $176,200
2023 $963 $152,800 $59,300 $93,500
2022 $963 $152,800 $59,300 $93,500
2021 $963 $152,800 $59,300 $93,500
2020 $963 $152,800 $59,300 $93,500
2019 $963 $152,800 $59,300 $93,500
2018 $888 $140,946 $59,300 $81,646
2017 $817 $140,946 $59,300 $81,646
2016 $817 $140,946 $59,300 $81,646
2015 $722 $140,946 $59,300 $81,646
2014 $722 $140,946 $59,300 $81,646
2013 $722 $150,500 $69,300 $81,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Rockbridge Highlands REALTORS®

MLS Number: 128145

APN: 058-52D