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Backup Offers

202 Innovation Ln, Madison, VA, 22727

$800,000

Home List Price

$9,500*

Closing Credit

4 Bedrooms
3 Full Baths, 1 Partial
4,497 SqFt
$178/SqFt
House
Schools Nearby

Location

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202 Innovation Ln, Madison$800,000

Buyer Closing Credits

$9,500*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingGarage Door Opener, Asphalt Driveway, Attached Garage
Garage2 spaces
Year Built2007
HeatingENERGY STAR Qualified Equipment
CoolingCeiling Fan(s), Central Air, ENERGY STAR Qualified Equipment
BasementYes
FireplaceEquipment, Fireplace - Glass Doors, Flue for Stove, Stone
ViewTrees/Woods
MLS #VAMA2001620
Lot Size3.86 Acres
StatusAccepting Backup Offers
(ACTIVE UNDER CONTRACT)

About 202 Innovation Ln

A rare find in Madison !! You'll be excited to view this Fabulous 4Br Custom Home on 3.86 ac, just off Rt 29 and only 3 miles North of town. This is an upscale neighborhood developed by Graystone Homes, with a paved state road and NO HOA. Plenty of space & privacy with only 12 lots ( partly wooded). Comcast Internet. This home checks all the boxes, with a beautiful kitchen, a large shelved pantry closet, and open plan living and dining areas. The 1st floor Primary bathroom was recently renovated with a spacious tiled shower & a roomy linen closet. You will be thrilled with the 14x 8 primary suite closet/dressing room. There is a sitting room/ office just inside the front foyer. The lower walk- out level has been used as a mother-in-law suite and includes a full kitchen and a living area. There is a a separate area set off for bedroom furniture and includes a full bath and closet. There is no dividing wall so it is not technically a bedroom. The lower level also has a 28'x 15' mechanical and storage room, with a second washer and dryer, a tankless propane water heater, and a work bench w/ shelving. An L shaped deck off the kitchen looks over the beautiful salt water pool and pool house. The pool area is surrounded by Aluminum "self locking" fence. This home has been meticulously maintained and is ready to move into. 3 Br conventional septic. You will find a list of special features included in the pictures and in the documents. Seller is related to listing agent .COMCAST INTERNET

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial, Traditional
  • Year Built: 2007
  • Stories: 2
  • Living Area: 4,497 SqFt

Listing Office:

  • Office Name: Montague, Miller & Company
  • Office Phone: (540) 948-6655
  • Listing Agent: Patti D Lillard

Interior Features

Interior Information:

  • Appliances: Dishwasher, ENERGY STAR Qualified Refrigerator, Microwave, Oven, Gas Range, Cooktop, Dryer, Oven, Electric Range, Refrigerator, Stainless Steel Appliances, Washer, Tankless Water Heater
  • Basement: Yes
  • Flooring Type: Hardwood, Vinyl, Carpet
  • Interior: Breakfast Area, Family Room Off Kitchen, Primary Bath(s), Entry Level Bedroom, Upgraded Countertops, Floor Plan - Open, 2nd Kitchen, Built-Ins, Ceiling Fan(s), Dining Area, Kitchen - Gourmet, Kitchen - Island, Pantry, Tub Shower, Walk-in Closet(s), Wood Floors, Stall Shower, Formal/Separate Dining Room, Kitchen - Table Space, Store/Office, Wet/Dry Bar
  • Fireplace: Equipment, Fireplace - Glass Doors, Flue for Stove, Stone

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • View: Trees/Woods
  • Exterior: Play Area

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Garage Door Opener, Asphalt Driveway, Attached Garage

Lot Features

Lot Information:

  • Lot: Trees, Front Yard, Landscaped, Level, Open Lot, Back Yard, Rural Area, Stream/Creek
  • Lot Size: 3.86 Acres

Utilities

Utilities Information:

  • Heating: ENERGY STAR Qualified Equipment
  • Cooling: Ceiling Fan(s), Central Air, ENERGY STAR Qualified Equipment

School Info

Assigned Schools Information:

  • Madison County High School, Public District Grades 9-12
  • William H. Wetsel Middle School, Public District Grades 6-8
  • Waverly Yowell Elementary School, Public District Grades 3-5

Other

Directions Information:

  • Directions: From the McDonalds Light on Rt 29, continue North for 3 miles to a Right on Innovation Ln. Third house on the right with sign. From Culpeper, take 29 South toward Madison County for about 12 miles and Innovation Ln will be on the North bound lane. Take the cross over at Pete's Auction and U turn back on North on 29. Innovation will be just ahead on your left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $800,000
  • Price Per SqFt: $178/SqFt
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MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #VAMA2001620

Listing Office:

  • Office Name: Montague, Miller & Company
  • Office Phone: (540) 948-6655
  • Listing Agent: Patti D Lillard

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/1/2024, 4:45:34 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Nov 07, 2007Home Sold
$139,900

Tax History

YEARPROP. TAXASSESSMENT
2021 - $521,100
2019 - $521,100
2018 - $455,500

History based on county public records data.

Payment Calculator

$4,060

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,465

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-6090096
2
/10
  • Waverly Yowell Elementary School

  • 1809 N Main St

  • 2.68 miles

  • Public District Grades 3-5

Middle School

school-card-donut-6090097
3
/10
  • William H. Wetsel Middle School

  • 186 Mountaineer Ln

  • 4.22 miles

  • Public District Grades 6-8

High School

school-card-donut-6090098
5
/10
  • Madison County High School

  • 68 Mountaineer Ln

  • 4.29 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $67,414. The most common annual income of people living in Madison County, VA is between $35k-100k. Most families are married, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 202 Innovation Ln

What is the listing price of this property?

The listing price of 202 Innovation Ln property is $800,000.

What type of property is this?

The property 202 Innovation Ln is a house located in Madison, Virginia, 22727.

Is this property for sale now?

Accepting Backup Offers: 202 Innovation Ln is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 202 Innovation Ln are:
Waverly Yowell Elementary School: GreatSchools Rating 2/10
William H. Wetsel Middle School: GreatSchools Rating 3/10
Madison County High School: GreatSchools Rating 5/10

When was this property sold last time and for how much?

The last sale was on November 7, 2007 for $139,900. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 202 Innovation Ln has 4 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 202 Innovation Ln is 4,497 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 202 Innovation Ln is 2007.

Rocket Homes›Virginia›Madison County›Madison›22727›202 Innovation Ln

This home is located at 202 Innovation Ln in Madison, VA and zip code 22727. This 4,497 square foot home, which was built in 2007, sits on a 3.86 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since May 16, 2024 and is currently priced at $800,000.

In April 2024 more than 7 listings in Madison County, VA were sold above the asking price. During the same period more than 9 listings were sold at asking price, while more than 6 were sold below. In April 2024 in Madison County, VA there were 19.3% more homes for sale than in March 2024. In April 2024 median list price was $424,900 and the average listing age was 21 days.

From Rocket Homes Real Estate and based on county public records data.

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