4 months on rocket

164 Wells Rd, Madison Heights, VA, 24572

$279,900

Home List Price

$3,324*

Closing Credit

3 Bedrooms
2 Full Baths
1,550 SqFt
$181/SqFt
House

Location

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164 Wells Rd, Madison Heights$279,900

Buyer Closing Credits

$3,324*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1949
HeatingHeat Pump
CoolingHeat Pump
BasementYes
Fireplace1 Fireplace, Wood Burning
MLS #352854
Lot Size1.49 Acres
StatusActive

About 164 Wells Rd

REDUCED $16,000! Completely renovated and modernized ranch home is almost like an Idea House. This house was taken down to the studs and rebuilt by a meticulous engineer including all new insulation, electrical wiring, plumbing HVAC, windows, doors, trim & appliances. The Must See kitchen includes lots of cabinets, 2 sinks, smart appliances and huge entertainment island. The Master Suite has a tiled shower, his n her sinks and a big walk-in closet with built-ins. The charming open floor plan has hardwood floors and includes features like Nest Smart thermostat, LeGrand outlets and switches, recessed can lights and more! Other features include a new oversized garage with 13 ceilings, detached carport with paved drive, a huge 1.49-acre lot and a full basement just waiting for the new owners ideas to finish. This marvelous home is located in a quiet neighborhood just minutes from downtown. Theres a lot here for $180 per square foot! Even includes a charging port for EV.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1949
  • Stories: 2
  • Living Area: 1,550 SqFt

Listing Office:

  • Office Name: Dewitt Real Estate & Auction
  • Office Phone: (434) 239-8684
  • Listing Agent: Tom R Dewitt

Interior Features

Interior Information:

  • Appliances: Dishwasher, Microwave, Electric Range, Refrigerator
  • Basement: Yes
  • Flooring Type: Hardwood, Laminate
  • Interior: Drywall, Great Room, Main Level Bedroom, Primary Bed w/Bath, Multi Media Wired, Walk-In Closet(s), Dryer Connection, Laundry Room, Main Level, Washer Connections
  • Fireplace: 1 Fireplace, Wood Burning

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Off-Street Parking, Front Porch, Paved Drive, Storm Windows, Storm Doors

Lot Features

Lot Information:

  • Lot Size: 1.49 Acres

Utilities

Utilities Information:

  • Heating: Heat Pump
  • Cooling: Heat Pump

Other

Directions Information:

  • Directions: Route 29 North to Madison Heights, 2nd Exit (Rt 163) to Right on Wells Road. House on Right near end of street.

Price Information

Listing Price Info

Price Summary:

  • List Price: $279,900
  • Price Per SqFt: $181/SqFt

Tax Information:

  • Annual Amount: $1,032
  • Tax Year: 2021
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Housing Market Comparison

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

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Madison Heights, VA

City

Med. Sold Price

$261.5K

Med. Price/SqFt

$159

Avg. Days On Market

31

# of Sold Homes

13

164 Wells Rd vs Madison Heights

147 DAYS ON ROCKET

+116 Days

$279,900

+$18.4K More

$181/SqFt

+$22 More

KEY TAKEAWAY

This property is $18.4K more than the Median Sold Price and $22/SqFt more 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: #352854

Listing Office:

  • Office Name: Dewitt Real Estate & Auction
  • Office Phone: (434) 239-8684
  • Listing Agent: Tom R Dewitt

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

Listing History

Dec 06, 2017Home Sold
$64,500

Tax History

YEARPROP. TAXASSESSMENT
2021$1,032$169,200
2020$1,032$169,200
2019$653$107,000
2018$653$104,500
2017$637$104,500

History based on county public records data.

Payment Calculator

$1,464

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$906

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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-2183163
4
/10

  • Madison Heights Elementary School

  • 287 Learning Ln

  • 0.85 miles

  • Public District Grades PK-5

school-card-donut-2183164
4
/10

  • Amelon Elementary School

  • 132 Amer Cir

  • 2.56 miles

  • Public District Grades PK-5

school-card-donut-2183165
2
/10

  • Robert S. Payne Elementary School

  • 1201 Floyd St

  • 2.57 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $40,906. Most Madison Heights, VA residents have annual incomes between $35k-100k. The majority of families are single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 164 Wells Rd

What is the listing price of this property?

The listing price of 164 Wells Rd property is $279,900.

What type of property is this?

The property 164 Wells Rd is a house located in Madison Heights, Virginia, 24572.

Is this property for sale now?

Active Listing: 164 Wells Rd 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 $1,032 (source: MLS/based on county public records data).

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

The last sale was on December 6, 2017 for $64,500. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 164 Wells Rd has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 164 Wells Rd is 1,550 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 164 Wells Rd is 1949.

Rocket Homes›Virginia›Amherst County›Madison Heights›24572›164 Wells Rd

This home is located at 164 Wells Rd in Madison Heights, VA and zip code 24572. This 1,550 square foot home, which was built in 1949, sits on a 1.49 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 11, 2024 and is currently priced at $279,900.

Over 2 listings were sold over their listed price in October 2024 in Madison Heights, VA. In the same period over 8 listings were sold below the listed price and 3 listings were sold for the listed price. 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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