NOT LISTED FOR SALE

592 Old Wright Shop Rd Madison Heights, VA 24572

Estimated Value: $129,000 - $154,000

2 Beds
1 Bath
865 Sq Ft
$165/Sq Ft Est. Value

Last Sold April 04, 2024

Last sale price $130,000 $150 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $767/month

85 Days on Market

Highlights

  • Pole Barn
  • Fenced Yard
  • Ceiling Fan
  • Formal Dining Room
  • Bungalow
  • Storm Doors

About This Home

As of April 2024

Come view this cute bungalow house on over 1 acre in Madison Heights. Enjoy your main level living with two bedrooms, Living room, dining room, kitchen and laundry in bathroom. Outside the home you have a small fenced in area, an oversized one car garage/workshop with electricity, wood stove and cabinets. A large storage trailer will convey property as well. This property does has a shared driveway.

Last Agent to Sell the Property

Lauren Campbell

GWG Properties Inc License #0225230981 Listed on: 11/02/2023

Last Buyer's Agent

Ronald Maxwell

Elite Realty License #0225249189

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $326

Year Built

  • Built in 1949

Lot Details

  • 1 Acre Lot
  • Fenced Yard
  • Property is zoned R2

Parking

  • Off-Street Parking

Home Design

  • Bungalow
  • Shingle Roof

Interior Spaces

  • 1 Full Bathroom
  • 865 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Formal Dining Room
  • Crawl Space
  • Attic Access Panel
  • Storm Doors
  • Electric Range

Flooring

  • Carpet
  • Vinyl

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Outdoor Features

  • Pole Barn
  • Separate Outdoor Workshop

Schools

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

Utilities

  • Heat Pump System
  • Electric Water Heater
  • Septic Tank
  • High Speed Internet

Community Details

  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 161C1A84

Home Details

Home Type

Single Family

Est. Annual Taxes

$326

Year Built

Built in 1949

Lot Details

1 Acres

Listing Details

  • BuildingOnProperty: Pole Building, Workshop, Other
  • Directions: Route 29 North to Seminole Drive, right on Old Wright shop, home on right.
  • Internet Providers: Comcast/Xfinity, Satellite, Verizon
  • Days On Market: No
  • Prop. Type: Residential
  • Year Built: 1949
  • Garage Yn: No
  • Property Sub-Type: Single Family Residence
  • Above Grade Finished Sq Ft: 865.00
  • Architectural Style: Bungalow
  • Laundryroom Dim: 10.000 x 13.000
  • Office Dim: 0.000 x 0.000
  • Laundryroom Len: 10.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 1.00
  • Bathrooms Display: 1 (1 0)
  • Broker Approved: Yes
  • Reciprocal Listing: No
  • Has Attic: Access
  • Has Basement: Crawl Space
  • Flooring: Carpet, Vinyl
  • Deck: 20x10 Level: Level 1 Above Grade
  • Formal Dining: 12x12 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 1
  • Interior Amenities: Cable Connections, Ceiling Fan(s), High Speed Data Aval, Main Level Bedroom, Main Level Den, Primary Bed w/Bath, Separate Dining Room
  • Dining Kitchen: 13x13 Level: Level 1 Above Grade
  • Laundry: Dryer Connection, Main Level, Washer Connections
  • Laundry Room: 10x13 Level: Level 1 Above Grade
  • Living Room: 13x13 Level: Level 1 Above Grade
  • Master Bedroom: 10x13 Level: Level 1 Above Grade
  • Porch: 22x8 Level: Level 1 Above Grade
  • Appliances: Range-Elec, Refrigerator
  • Stories: One
  • Second Bedroom: 10x13 Level: Level 1 Above Grade
  • Room Master Bedroom Area: 130.000000
  • Room Kitchen Area: 169.000000
  • Room Living Room Area: 169.000000
  • Room Bedroom2 Area: 130.000000
  • MasterBedroomDimensions Dim: 10.000 x 13.000
  • Kitchen Dim: 13.000 x 13.000
  • Sunroom Dim: 0.000 x 0.000
  • Master Bedroom Master Bedroom Width: 13.000

Exterior Features

  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: Off-Street Parking, Fenced Yard, Storm Doors

Garage/Parking

  • Garage Area: 280.000000
  • Garage Dim: 20.000 x 14.000
  • GarageLen: 20.000
  • GarageWid: 14.000

Utilities

  • Utility Electric: AEP/Appalachian Powr
  • Cooling: Heat Pump
  • Sewer: Septic Tank
  • Water Heater: Electric
  • Heating: Heat Pump
  • Water Source: County

Schools

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

Lot Info

  • Zoning: R2
  • Acres: 1.0000
  • Lot Size Sq Ft: 43560.00
  • ResoLotSizeUnits: Acres
  • Parcel Number: 161C1A84
  • ResoLotSizeUnits: Acres

Rental Info

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

Tax Info

  • Estimated Taxes: 326

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2023
Closed on
Feb 14, 2024
Sold by
Woody Jody Elizabeth
Bought by
Cash Morris E
Seller's Agent
Lauren Campbell
GWG Properties Inc
Buyer's Agent
Ronald Maxwell
Elite Realty
List Price
$135,000
Sold Price
$130,000
Premium/Discount to List
-$5,000
-3.7%
Views
198
Current Estimated Value
$142,861

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,861
Avg. Annual Appreciation
5.17%
Original Mortgage
$104,000
Outstanding Balance
$102,169
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$40,692

Purchase Details

Closed on
Oct 2, 2019
Sold by
Ogden Brenda Woody and Ogden Walter E
Bought by
Woody Bobby Nelson and Woody Jody Elizabeth
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Cash Morris E $130,000 Old Republic National Title
Woody Bobby Nelson -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cash Morris E $104,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/04/2024 04/04/24 Sold $130,000 0.0% $150 / Sq Ft
01/25/2024 01/25/24 Pending -- -- --
11/21/2023 11/21/23 Price Changed $130,000 -3.7% $150 / Sq Ft
11/01/2023 11/01/23 For Sale $135,000 -- $156 / 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
2025 $107 $70,200 $22,500 $47,700
2024 $428 $53,500 $22,500 $31,000
2023 $326 $53,500 $22,500 $31,000
2022 $326 $53,500 $22,500 $31,000
2021 $326 $53,500 $22,500 $31,000
2020 $326 $53,500 $22,500 $31,000
2019 $365 $59,900 $28,500 $31,400
2018 $365 $59,900 $28,500 $31,400
2017 $365 $59,900 $28,500 $31,400
2016 $365 $59,900 $28,500 $31,400
2015 $335 $59,900 $28,500 $31,400
2014 $335 $59,900 $28,500 $31,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 349026

APN: 161C1-A-84

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