259 Lakeview Dr, Madison Heights, VA, 24572

Location

Get An Agent. Get A Mortgage.

Let Us Help You Buy A Home And Save BIG

Save BIG.

259 Lakeview Dr, Madison Heights$229,900

Buyer Closing Credits

$2,730^*

1.25% Loan Amount

Sell Your Home And Save More

Connect With An Agent

Still Have Questions? Contact Us.

1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence

Year Built1974

HeatingHeat Pump

CoolingHeat Pump

ViewOther

MLS #355719

Lot Size0.50 Acres

StatusActive

About 259 Lakeview Dr

Amazing opportunity to own this adorable 3 bedroom/1 bath home in the heart of Amherst County. This home features a spacious living area with electric fireplace, large eat in kitchen and now featuring new flooring throughout the living room, dining area and hallway. Great deck for cookouts with family and friends. New circular driveway! Dont let this GEM get by you, perfect for first time homebuyers or those interested in investment opportunities. #Mantel in living room does not convey.

View More

Property Details

Property Features

Property Information:

• Architectural Style: Ranch
• Year Built: 1974
• Stories: 1
• Living Area: 920 SqFt

Listing Office:

• Office Name: Key to Your Heart Realty
• Office Phone: (434) 333-7723
• Listing Agent: Angie G Holt

Interior Features

Interior Information:

• Appliances: Electric Range, Refrigerator
• Basement: No
• Flooring Type: Carpet, Ceramic Tile, Laminate, Vinyl
• Interior: Drywall, Main Level Bedroom, Dryer Connection, Main Level, Washer Connections

Bedroom and Bathroom Information:

• Full Bathrooms: 1
• Total Bedroom Count: 3

Exterior Features

Exterior Information:

• View: Other
• Exterior: Landscaped, Storm Windows

Lot Features

Lot Information:

• Lot Size: 0.50 Acres

Utilities

Utilities Information:

• Heating: Heat Pump
• Cooling: Heat Pump

Other

Directions Information:

• Directions: From Lynchburg take Hwy. 29 Bus North, Right on Lakeview Dr to house on left.

Price Information

Listing Price Info

Price Summary:

• List Price: $229,900
• Price Per SqFt: $250/SqFt

Tax Information:

• Annual Amount: $413
• Tax Year: 2021

What can I afford?

Understand what home price range makes sense for your budget.

See What I Can Afford

Housing Market Comparison

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

Madison Heights, VA

City

Med. Sold Price

$263.4K

Med. Price/SqFt

$157

Avg. Days On Market

23

# of Sold Homes

11

259 Lakeview Dr vs Madison Heights

49 DAYS ON ROCKET

+26 Days

$229,900

-$33.5K Less

$250/SqFt

+$92 More

KEY TAKEAWAY

This property is $33.5K less than the Median Sold Price and $92/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: #355719

Listing Office:

• Office Name: Key to Your Heart Realty
• Office Phone: (434) 333-7723
• Listing Agent: Angie G Holt

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: 12/30/2024, 6:21:06 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

View More

Property Sales & Tax

Tax History

YEAR	PROP. TAX	ASSESSMENT
2021	$413	$67,700
2020	$413	$67,700
2019	$432	$70,800
2018	$432	$70,800
2017	$432	$70,800

History based on county public records data.

Payment Calculator

Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.

$1,215

Per Month

Principal & Interest

$1,148

Home Price

Home PriceThe dollar amount you pay for the home.

$

Interest Rate

Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.

%

Down Payment

Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.

$Down PaymentPercent%

Loan Term

Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.

30 year25 year20 year15 year10 year

Property Taxes

$0

Annual Cost

Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.

$/ Year

Mortgage Insurance

$0

Monthly Premium

Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.

$/ Month

Homeowners Insurance

$67

Monthly Premium

Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.

$/ Month

Homeowners Association (HOA)

$0

Monthly Fees

Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.

$/ Month

Utilities

$0

Monthly Cost

Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.

$/ Month

*Disclosures

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$756

See More Options

Connect With A Banker

Powered By

Advertisement

NMLS#3030

**Disclosures

Rocket Homes›Virginia›Amherst County›Madison Heights›24572›259 Lakeview Dr

This home is located at 259 Lakeview Dr in Madison Heights, VA and zip code 24572. This 920 square foot home, which was built in 1974, sits on a 0.50 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since November 11, 2024 and is currently priced at $229,900.

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

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