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121 Forbes St, Madison Heights, VA, 24572

$194,900

Home List Price

$2,314*

Closing Credit

3 Bedrooms
1 Full Bath
1,658 SqFt
$118/SqFt
House

Location

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121 Forbes St, Madison Heights$194,900

Buyer Closing Credits

$2,314*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1964
HeatingHeat Pump
CoolingHeat Pump
BasementYes
Fireplace1 Fireplace, Wood Burning
MLS #355096
Lot Size0.77 Acres
StatusActive

About 121 Forbes St

Discover the charm of this classic brick ranch, offering convenient main-level living and plenty of character throughout. The home features a unique brick fireplace, beautiful hardwood floors, and an abundance of natural light. Elegant arched doorways add a touch of vintage appeal. Outside, enjoy a fenced yard and a paved driveway for easy access. A heat pump, replaced in 2018, ensures year-round comfort. Additional storage or living space can be found in the basement. Located just 5 minutes from downtown Lynchburg and 15 minutes from Liberty University, this home combines comfort with prime location.New roof 2023! Home sold as is.

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow
  • Year Built: 1964
  • Stories: 1
  • Living Area: 1,658 SqFt

Listing Office:

  • Office Name: Keller Williams
  • Office Phone: (434) 534-9113
  • Listing Agent: Christina Holmes

Interior Features

Interior Information:

  • Appliances: None
  • Basement: Yes
  • Flooring Type: Hardwood
  • Interior: High Speed Data Aval, Main Level Bedroom, Basement, Dryer Connection, Washer Connections
  • Fireplace: 1 Fireplace, Wood Burning

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Fenced Yard

Lot Features

Lot Information:

  • Lot Size: 0.77 Acres

Utilities

Utilities Information:

  • Heating: Heat Pump
  • Cooling: Heat Pump

Other

Directions Information:

  • Directions: Take US 29 S toward Lynchburg, turn right on Lytteton Ln, turn right on Ridge St, turn left on Forbes St, destination is on left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $194,900
  • Price Per SqFt: $118/SqFt

Tax Information:

  • Annual Amount: $752
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Madison Heights, VA.

Med. Sold Price

$263.4K

Med. Price/SqFt

$157

Avg. Days On Market

23

# of Sold Homes

11

121 Forbes St vs Madison Heights

54 DAYS ON ROCKET

+31 Days

$194,900

-$68.5K Less

$118/SqFt

-$40 Less

KEY TAKEAWAY

This property is $68.5K less than the Median Sold Price and $40/SqFt less than other homes in Madison Heights, VA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Lynchburg
  • MLS Number: #355096

Listing Office:

  • Office Name: Keller Williams
  • Office Phone: (434) 534-9113
  • Listing Agent: Christina Holmes

Information is provided by the Lynchburg Association of REALTORS®. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2024 Lynchburg Association of REALTORS®. 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: 12/3/2024, 2:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 16, 2021Home Sold
$10,492

Tax History

YEARPROP. TAXASSESSMENT
2021$752$123,200
2020$752$123,200
2019$754$123,600
2018$754$123,600
2017$754$123,600

History based on county public records data.

Payment Calculator

$1,040

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$651

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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.

Nearby Schools

school-card-donut-3519444
4
/10
  • Madison Heights Elementary School

  • 287 Learning Ln

  • 0.64 miles

  • Public District Grades PK-5

school-card-donut-3519445
4
/10
  • Amelon Elementary School

  • 132 Amer Cir

  • 2.29 miles

  • Public District Grades PK-5

school-card-donut-3519446
2
/10
  • R. S. Payne Elementary School

  • 1201 Floyd St

  • 2.64 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $45,953. Residents of Madison Heights, VA typically earn between $35k-100k each year. Most families are single, 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 121 Forbes St

What is the listing price of this property?

The listing price of 121 Forbes St property is $194,900.

What type of property is this?

The property 121 Forbes St is a house located in Madison Heights, Virginia, 24572.

Is this property for sale now?

Active Listing: 121 Forbes St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $752 (source: MLS/based on county public records data).

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

The last sale was on September 16, 2021 for $10,492. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 121 Forbes St has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 121 Forbes St is 1,658 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 121 Forbes St is 1964.

Rocket Homes›Virginia›Amherst County›Madison Heights›24572›121 Forbes St

This home is located at 121 Forbes St in Madison Heights, VA and zip code 24572. This 1,658 square foot home, which was built in 1964, sits on a 0.77 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since October 10, 2024 and is currently priced at $194,900.

In November 2024 more than 2 listings in Madison Heights, VA were sold above the asking price. During the same period more than 3 listings were sold at asking price, while more than 6 were sold below. The inventory of homes for sale in Madison Heights, VA between October 2024 and November 2024 decreased by 11.1%. The median list price of listings available in November 2024 was $263,450, while the average time on the real estate market was 23 days.

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

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