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203 Ridgeview Lane

203 Ridgeview Lane, Madison Heights, VA 24572
Property in Amherst
Sold Aug 30, 2016
$127,600
$125,288 by Sagamore Home Mortgage Llc
Mortgage Due Aug 30, 2046
203 Ridgeview Lane in Madison Heights, VA was first built in 1979 and is 45 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a Cape Cod style. It is a single story home. There are a total of 5 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 203 Ridgeview Lane has 1,152 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 1,152 sqft and has been categorized as a full basement. In total, the area measurement of the land is 28,488 square feet.

Learn more about the property and building on this page. There is a porch and a patio. The home has a gable style roof made of shingle (not wood). Water for the property is sourced from a municipal system. The property is not connected to a municipal sewage system. Instead, it is connected to a septic system which you will need to handle on your own. For those who need parking, there is a garage. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as good. The exterior walls of the home are made of alum/vinyl siding. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a heat pump and being fueled with electricity. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 203 Ridgeview Lane was last sold in Aug 30, 2016 for $127,600. According to our calculations, that's $110.76 per sqft. Current property owners are expected to pay $752 in taxes per year. The property on 203 Ridgeview Lane was last assessed in 2024. As a result of that assessment, the total value of the property was placed at $123,200. To break that down further, the land itself was valued at $25,200. While improvements to the property were assessed at a total of $98,000. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1979
  • Effective Year Built: 1979
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • 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: Shingle (not wood)
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Type: Full basement
  • Basement Area: 1,152
  • Garage Type: Garage
  • Parking Space Count: 0
  • Patio Type: Patio
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 28,488
  • Total Building Area: 1,152
  • Building Area: 1,152
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 1,152
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Septic
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.654
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Miscellaneous (general)
  • Legal Description 1: LOT 3 SEC 3 WESTVIEW

Ownership

  • Current Owner : FALLS LEWIS D
  • Current Owner 2: FALLS KELLEE W
  • Previous Owner : MCSHERRY BRIAN P
  • Previous Owner 2: MCSHERRY JAMES P
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Amherst County Public Schools
  • Census Tract: 010300

Zoning

  • Zoning: R1

Geography

  • Section: 3
  • Parcel: 135 8 3
  • Lot: 3
  • Municipality: ELON
  • Latitude: 37.5
  • Longitude: -79.1906

    Address

  • Full Address: 203 Ridgeview Ln
  • Address - House Number: 203
  • Address - Street Name: Ridgeview
  • Address - Suffix Type: Ln
  • State: VA
  • City Name: Madison Heights
  • Carrier Code: R001
  • 4-Digit Zip Code: 6036
  • Zip Code: 24572

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $752

    Appraisal Valuation

  • Standard Deviation: 0.252
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 64
  • Final Value: 245,329
  • High Value: 307,166
  • Low Value: 183,492

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $125,288
  • First Open Lien Mortgage Lender: SAGAMORE HOME MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Aug 30, 2016
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $125,288
  • 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: Aug 30, 2046

    Market Valuation

  • Market Total Value: $123,200
  • Market Land Value: $25,200
  • Market Improvement Value: $98,000

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $123,200
  • Assessed Land Value: $25,200
  • Assessed Improvements Value: $98,000

    Sales

  • Current Sale Contract Date: Aug 30, 2016
  • Current Sale Recording Date: Aug 30, 2016
  • Current Sale Transaction ID: 1754547857
  • Current Sale Price: $127,600
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2233

    Last Sale Mortgage

  • First Mortgage Lender: SAGAMORE HOME MORTGAGE LLC
  • First Mortgage Transaction Date: Aug 30, 2016
  • First Mortgage Loan Amount: $125,288
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Amherst



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Frequently Asked Questions

What neighborhood is 203 Ridgeview Lane located in?
The 203 Ridgeview Lane is a located in the neighborhood of Amherst in Amherst, Madison Heights.
What is the average sales price for listings in 203 Ridgeview Lane?
The average sales price for units in 203 Ridgeview Lane is $0 currently.

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