See Home Value
Madison Heights 24572
114 Patterson Dr
$329,403*
House - Off Market

114 Patterson Dr

Madison Heights, VA 24572
bedrooms
4 Beds
bathrooms
3 Baths, 2 Half Baths
square feet
3298 Sqft
$202,000 - $246,000
Reference Base Price*
46.47%
Since Nov 1, 2019
National-US
Primary Model
Sold Oct 17, 2019
$215,000
$211,105 by Assurance Financial Group Llc
Mortgage Due Oct 17, 2049

About This Property

Over 10 Acres within a mile of Rt 29, this home is priced to and will sell FAST!  One of a kind find; They have been the only owners and built this as their home in 1963; having raised their family, they are now ready for the next family to have that same honor.  In its original condition your new home is ready for todays updates however its move in ready so take your time.  If your looking for an opportunity to have a Beauty Salon, your new home is already set up.  If not, this would make an excellent additional full bathroom.  While they do not use the Wood Stove, it is there for supplemental heat.  Your new home offers peace of mind with a like new Heatpump and 8 year old roof. Your oversized Garage is perfect for most anything you are looking to work on, being wired with 220V.  There are beautiful fields with a large amount of woods/trees too, there is even a creek on the property.  Showings will be limited so make sure and call today for your private tour before its SOLD

The manager has listed the unit size as 3298 square feet.
Unit Size
3,298Ft²
Days on Market
-
Land Size
10.31 acres
Price per sqft
$68
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1963

Price History

Date / Event Date Event Price
Oct 19, 2019 No longer available -
No longer available
Oct 17, 2019 Sold to Velicia L Martin $215,000
Sold to Velicia L Martin
Oct 4, 2019 Relisted $224,900
Relisted
Sep 12, 2019 No longer available -
No longer available
Aug 28, 2019 Price Decreased $224,900
↓ $10K (4.3%)
Price Decreased
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Cape Cod
  • Exterior Walls Type: Brick
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Floor Cover: Wood
  • Basement Type: Partial basement
  • Basement Area: 969
  • Garage Type: Detached
  • Garage Square Area: 768
  • Parking Space Count: 2
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 448,973
  • Total Building Area: 1,587
  • Building Area: 1,587
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 1,587
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Septic
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: HOWARD RANDOLPH JR
  • Land Acres: 10.307
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Miscellaneous (general)
  • Legal Description 1: ON ELON RD RT 130 SEE DB 846-243

Ownership

  • Current Owner : MARTIN VELICIA L
  • Previous Owner : RANDOLPH HOWARD
  • Previous Owner 2: RANDOLPH RUTH V
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Amherst County Public Schools
  • Census Tract: 010402

Zoning

  • Zoning: R2

Geography

  • Parcel: 147 A 164
  • Municipality: ELON
  • Latitude: 37.4677
  • Longitude: -79.1268

    Address

  • Full Address: 114 Patterson Dr
  • Address - House Number: 114
  • Address - Street Name: Patterson
  • Address - Suffix Type: Dr
  • State: VA
  • City Name: Madison Heights
  • Carrier Code: R010
  • 4-Digit Zip Code: 2580
  • Zip Code: 24572

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,180

    Appraisal Valuation

  • Standard Deviation: 0.2116
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 71
  • Final Value: 345,018
  • High Value: 418,050
  • Low Value: 271,987

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $211,105
  • First Open Lien Mortgage Lender: ASSURANCE FINANCIAL GROUP LLC
  • First Open Lien Mortgage Recording Date: Oct 17, 2019
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $211,105
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Oct 17, 2049

    Market Valuation

  • Market Total Value: $193,500
  • Market Land Value: $69,400
  • Market Improvement Value: $124,100

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $193,500
  • Assessed Land Value: $69,400
  • Assessed Improvements Value: $124,100

    Sales

  • Current Sale Contract Date: Oct 07, 2019
  • Current Sale Recording Date: Oct 17, 2019
  • Current Sale Transaction ID: 11677752638
  • Current Sale Price: $215,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 190003005

    Last Sale Mortgage

  • First Mortgage Lender: ASSURANCE FINANCIAL GROUP LLC
  • First Mortgage Transaction Date: Oct 17, 2019
  • First Mortgage Loan Amount: $211,105
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA

    Financing

  • First Mortgage Financing Type: Fixed Rate



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
2,964 ft²
$83/ft²
$245,000 Jun 17, 2022
-
-

About Madison Heights


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Frequently Asked Questions

When was property at 114 Patterson Drive built and last sold?
The property at 114 Patterson Drive was built in 1963 and last sold on Oct 7, 2019 for $215,000.
How much is this home worth?
The estimated value of the home located at 114 Patterson Drive is $237,833.
What are some comparable homes to 114 Patterson Drive?
There are currently no comparable homes to 114 Patterson Drive.

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