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124 Alex Court

124 Alex Court, Madison Heights, VA 24572
Property in Amherst
Sold Oct 23, 2020
$199,900
$195,275 by Apex Home Loans Inc
Mortgage Due Oct 23, 2050
124 Alex Court has been categorized by the local assessors in Madison Heights, VA as a residential type of property. The building on the property was first built in 2005 and is 19 years old. The home has a total of 5 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 124 Alex Court has 968 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a full basement that is 900 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 29,142 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a Cape Cod style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a carport for those who require parking. The garage measured 240 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying a patio. Moving on to the building itself. The condition of the building has been evaluated as good. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The building has a gable style roof made of composition shingle. The exterior walls of the building are made of alum/vinyl siding. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a heat pump and being fueled with electricity. Finally, the property is currently sourcing its water from a municipal system. The property is connected to a septic system and not a municipal sewage system. The homeowner of this property will need to handle their own water disposal. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 124 Alex Court sold most recently in Oct 9, 2020 for a total of $199,900. If you work out the math, that's approximately a cost of $206.51 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $799 in taxes each year. 124 Alex Court was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $130,900. If we break it down further, the land itself was valued at $22,500. Improvements to the property, however, were assessed at a total of $108,400. The property's total market value has been marked the same as the total assessed value which is pretty typical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Building Quality: C
  • Building Style: Cape Cod
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Type: Full basement
  • Basement Area: 900
  • Garage Type: Carport
  • Garage Square Area: 240
  • Parking Space Count: 1
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 29,142
  • Total Building Area: 968
  • Building Area: 968
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 968
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Septic
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: V FOREST OAKS
  • Land Acres: 0.669
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Miscellaneous (general)
  • Legal Description 1: LOT 23 FOREST OAKS SECTION 5

Ownership

  • Current Owner : SEITZ DONOVAN A
  • Current Owner 2: SEITZ LAUREN G
  • Previous Owner : SCRUGGS JEFFREY T
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Amherst County Public Schools
  • Census Tract: 010504

Zoning

  • Zoning: R1

Geography

  • Section: 5
  • Parcel: 156G 8 23
  • Lot: 23
  • Municipality: ELON
  • Latitude: 37.4538
  • Longitude: -79.1033

    Address

  • Full Address: 124 Alex Ct
  • Address - House Number: 124
  • Address - Street Name: Alex
  • Address - Suffix Type: Ct
  • State: VA
  • City Name: Madison Heights
  • Carrier Code: R008
  • 4-Digit Zip Code: 5983
  • Zip Code: 24572

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $799

    Appraisal Valuation

  • Standard Deviation: 0.2565
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 63
  • Final Value: 259,046
  • High Value: 325,500
  • Low Value: 192,591

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $220,275
  • First Open Lien Mortgage Lender: APEX HOME LOANS INC
  • First Open Lien Mortgage Recording Date: Oct 23, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $195,275
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Oct 23, 2050
  • Second Open Lien Mortgage Lender: SELECT BANK
  • Second Open Lien Mortgage Recording Date: Jan 26, 2023
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $25,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Jan 26, 2053

    Market Valuation

  • Market Total Value: $130,900
  • Market Land Value: $22,500
  • Market Improvement Value: $108,400

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $130,900
  • Assessed Land Value: $22,500
  • Assessed Improvements Value: $108,400

    Sales

  • Current Sale Contract Date: Oct 09, 2020
  • Current Sale Recording Date: Oct 23, 2020
  • Current Sale Transaction ID: 11799625645
  • Current Sale Price: $199,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 200003623

    Last Sale Mortgage

  • First Mortgage Lender: APEX HOME LOANS INC
  • First Mortgage Transaction Date: Oct 23, 2020
  • First Mortgage Loan Amount: $195,275
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Madison Heights



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Frequently Asked Questions

What neighborhood is 124 Alex Court located in?
The 124 Alex Court is a located in the neighborhood of Amherst in Madison Heights, Madison Heights.
What is the average sales price for listings in 124 Alex Court?
The average sales price for units in 124 Alex Court is $0 currently.

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