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137 Cherry Ln, Madison Heights, VA, 24572

$100,000

1.00 Acres
Land

Location

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Property Highlights

Home TypeUnimproved Land
MLS #345178
Lot Size1.00 Acres
StatusActive

About 137 Cherry Ln

This 1 acre lot already has a huge poured cement foundation in place, The seller had plans drawn up to construct a two story home with a 3 car garage & full unfinished basement with high ceilings. Perfect for those wanting to potentially build their dream home, or potentially develop along with the additional 12.97 acres that surround property on a separate parcel for sale. This has unlimited potential for either building or a place to call home. Come see how this will work for you today.

Property Details

Property Features

Listing Office:

  • Office Name: Long & Foster-Forest
  • Office Phone: (434) 316-6100
  • Listing Agent: Mike Osei Jr.

Lot Features

Lot Information:

  • Lot Size: 1.00 Acres

Other

Directions Information:

  • Directions: Put 137 Cherry Lane in GPS, it will take you to the road, go down gravel road past houses on left to vacant lot with poured foundation. Look for the sign.

Price Information

Listing Price Info

Price Summary:

  • List Price: $100,000
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Housing Market Comparison

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

Med. Sold Price

$261.5K

Med. Price/SqFt

$159

Avg. Days On Market

31

# of Sold Homes

13

137 Cherry Ln vs Madison Heights

481 DAYS ON ROCKET

+450 Days

$100,000

-$161.5K Less

KEY TAKEAWAY

This property is $161.5K less than the Median Sold Price in Madison Heights, VA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Lynchburg
  • MLS Number: #345178

Listing Office:

  • Office Name: Long & Foster-Forest
  • Office Phone: (434) 316-6100
  • Listing Agent: Mike Osei Jr.

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: 11/5/2024, 8:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$567

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$366

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NMLS#3030

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-57652
4
/10
  • Madison Heights Elementary School

  • 287 Learning Ln

  • 1.97 miles

  • Public District Grades PK-5

school-card-donut-57653
4
/10
  • Amelon Elementary School

  • 132 Amer Cir

  • 2.51 miles

  • Public District Grades PK-5

school-card-donut-57654
2
/10
  • Robert S. Payne Elementary School

  • 1201 Floyd St

  • 3.56 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $51,856. The most common annual income of people living in Madison Heights, VA is between $35k-100k. The majority of 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 137 Cherry Ln

What is the listing price of this property?

The listing price of 137 Cherry Ln property is $100,000.

What type of property is this?

The property 137 Cherry Ln is land located in Madison Heights, Virginia, 24572.

Is this property for sale now?

Active Listing: 137 Cherry Ln is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property 137 Cherry Ln is 1.00 acres.
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Rocket HomesVirginiaAmherst CountyMadison Heights24572137 Cherry Ln

This home is located at 137 Cherry Ln in Madison Heights, VA and zip code 24572. This home sits on a 1.00 acre lot. It has been listed on Rocket Homes since July 13, 2023 and is currently priced at $100,000.

In October 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 8 were sold below. The number of homes for sale in Madison Heights, VA increased by 19.7% between September 2024 and October 2024. In October 2024, listings were on the market for 31 days. During the same period, the median list price in this real estate market was $261,500.

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

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