NOT LISTED FOR SALE

586 Thomas Rd Madison Heights, VA 24572

Madison Heights Neighborhood

Estimated Value: $149,000 - $203,000

2 Beds
1 Bath
608 Sq Ft
$290/Sq Ft Est. Value

Last Sold April 19, 2021

Last sale price $139,900 $230 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $995/month

1 Day on Market

Highlights

  • Mountain View
  • Separate Outdoor Workshop
  • 1-Story Property
  • Wood Flooring
  • Bungalow
  • Garden

About This Home

As of April 2021

Move in Ready! Pristine two bedroom home with new roof, new windows, new floors, new appliances, propane fireplace stove and more. Take a look at this beautiful back yard where you can enjoy your cookout with mountain views on back porch and an adorable 14X16 Workshop. Perfect starter home, investment property or retirement home. Call now for your private showing.

Last Agent to Sell the Property

Hope Metzger

Magnolia Mountain Realty License #0225213780 Listed on: 03/02/2021

Last Buyer's Agent

Thomas Hamblen

Real Broker, LLC License #0225230851

Real Broker, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $500

Year Built

  • Built in 1959

Lot Details

  • 0.54 Acre Lot
  • Landscaped
  • Garden

Home Design

  • Bungalow
  • Shingle Roof

Interior Spaces

  • 608 Sq Ft Home
  • 1-Story Property
  • Gas Log Fireplace
  • Mountain Views
  • Crawl Space
  • Scuttle Attic Hole

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Separate Outdoor Workshop
  • Outdoor Storage

Schools

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

Utilities

  • Window Unit Cooling System
  • Electric Baseboard Heater
  • Heating System Uses Propane
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 155A153

Home Details

Home Type

Single Family

Est. Annual Taxes

$500

Year Built

Built in 1959

Lot Details

0

Listing Details

  • FILLACRES: 0.5390
  • BuildingOnProperty: Storage Building, Workshop
  • Directions: From Lynchburg take Route 29 North to left on Dillard Road to first left on Thomas Road to property on right.
  • Lot Measurement: Acres
  • Lot Sq Ft: 23479.00
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 155A153
  • Year Built: 1959
  • Heating System: Electric Baseboard, Propane
  • Building Stories: One
  • Dwelling Styles: Bungalow
  • Laundryroom Dim: 0.000 x 0.000
  • Living Room Dim: 14.000 x 12.000
  • Livingroom Len: 14.000
  • Livingroom Wid: 12.000
  • Masterbedroom Area: 169.000000
  • Master Bedroom Dim: 13.000 x 13.000
  • Masterbedroom Len: 13.000
  • Masterbedroom Wid: 13.000
  • Office Dim: 0.000 x 0.000
  • 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: ON THOMAS RD RT 683
  • Reciprocal Listing: No
  • Second Bedroom: 11x10 Level: Level 1 Above Grade
  • Second Bedroom Area: 110.000000
  • Above Grade Finished Sq Ft: 608.00
  • ApplianceConvey: Dishwasher, Dryer, Range-Elec, Refrigerator, Washer
  • Has Attic: Scuttle
  • Has Basement: Crawl Space
  • Flooring: Hardwood, Vinyl
  • Year Built Exception: 0
  • Fireplace: Gas Log, Leased Propane Tank
  • Level 1 Full Bathrooms: 1
  • Interior Amenities: Cable Connections, Drywall, Main Level Bedroom, Pantry
  • Dining Kitchen: 11x11 Level: Level 1 Above Grade
  • Laundry: Dryer Connection, Laundry Closet, Main Level, Washer Connections
  • Living Room: 14x12 Level: Level 1 Above Grade
  • Master Bedroom: 13x13 Level: Level 1 Above Grade
  • Porch: 6x9 Level: Level 1 Above Grade
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 121.000000
  • LivingRoom Area: 168.000000
  • 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: Shingle
  • New Construction: Completed
  • Exterior Features: Garden Space, Landscaped, Mountain Views

Garage/Parking

  • Garage Dim: 0.000 x 0.000

Utilities

  • Air Conditioner: Window Unit(s)
  • 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: 608.00

Tax Info

  • Estimated Taxes: 500

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2021
Closed on
Apr 16, 2021
Sold by
Hakes William and Hakes Kristy
Bought by
Jamerson James R
Seller's Agent
Hope Metzger
Magnolia Mountain Realty
Buyer's Agent
Thomas Hamblen
Real Broker, LLC
List Price
$134,900
Sold Price
$139,900
Premium/Discount to List
$5,000
3.71%
Current Estimated Value
$176,453

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,553
Avg. Annual Appreciation
3.59%
Original Mortgage
$134,900
Outstanding Balance
$112,794
Interest Rate
2.38%
Mortgage Type
VA
Estimated Equity
$50,321

Purchase Details

Listed on
Apr 12, 2016
Closed on
Aug 11, 2016
Sold by
Proffitt Timothy W and Proffitt Manson Michael
Bought by
Hakes William and Hakes Kristy
Seller's Agent
Josh Ballengee
Elite Realty
Buyer's Agent
Stephen Kozikowski
BHHS Dawson Ford Garbee
List Price
$49,900
Sold Price
$55,000
Premium/Discount to List
$5,100
10.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.83%
Original Mortgage
$54,003
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 14, 2015
Sold by
Proffitt Timothy W and Proffitt Manson Michael
Bought by
Proffitt Timothy W and Proffitt Manson Michael
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
Jamerson James R $134,900 Advantage Title & Closing
Hakes William $55,000 Reliance Title & Stlmnt Llc
Proffitt Timothy W -- None Available
Proffitt Timothy W -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jamerson James R $134,900
Previous Owner Hakes William $54,003
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2021 04/19/21 Sold $139,900 +3.7% $230 / Sq Ft
03/03/2021 03/03/21 Pending -- -- --
03/02/2021 03/02/21 For Sale $134,900 +145.3% $222 / Sq Ft
10/04/2016 10/04/16 Sold $55,000 +10.2% $95 / Sq Ft
04/25/2016 04/25/16 Pending -- -- --
04/12/2016 04/12/16 For Sale $49,900 -- $87 / 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 $400 $65,600 $15,000 $50,600
2024 $400 $65,600 $15,000 $50,600
2023 $400 $65,600 $15,000 $50,600
2022 $400 $55,900 $15,000 $40,900
2021 $285 $46,700 $15,000 $31,700
2020 $285 $46,700 $15,000 $31,700
2019 $290 $47,500 $21,000 $26,500
2018 $290 $47,500 $21,000 $26,500
2017 $290 $47,500 $21,000 $26,500
2016 $290 $47,500 $21,000 $26,500
2015 $266 $47,500 $21,000 $26,500
2014 $136 $47,500 $21,000 $26,500
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2021

    Hope Metzger

    Magnolia Mountain Realty

    Section Image

  • T

    Buyer's Agent in 2021

    Thomas Hamblen

    Real Broker, LLC

    Section Image

  • J

    Seller's Agent in 2016

    Josh Ballengee

    Elite Realty

    Section Image

  • S

    Buyer's Agent in 2016

    Stephen Kozikowski

    BHHS Dawson Ford Garbee

See All Agents

Map

Source: Lynchburg Association of REALTORS®

MLS Number: 329948

APN: 155-A-153

Virginia Amherst County Madison Heights 24572 Madison Heights

586 Thomas Rd, Madison Heights, VA

This home is located at 586 Thomas Rd, Madison Heights, VA 24572 since 02 March 2021 and is currently estimated at $176,453, approximately $290 per square foot. This property was built in 1959. 586 Thomas 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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