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226 7th Street

226 7th Street, Madison Heights, VA 24572
Property in Amherst
Sold Feb 06, 2017
$116,500
$132,000 by First Home Bank
Mortgage Due May 01, 2052
Sold Apr 11, 2007
$14,500
Local assessors in Madison Heights, VA have categorized 226 7th Street as a residential type of property. The home was built in 1909 and is 115 years old. The property's lot size has been calculated to be 34,630 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a colonial style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 226 7th Street has a total of 1,920 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. As for water disposal, the home is connected to a septic system and not a municipal sewage or storm sewage system. Therefore the homeowner of this property will need to handle their own water disposal every three to five years - though the exact number may differ. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. Do you like to entertain? The home has a porch so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is poor. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - D. The building has a hip style roof that was made of composition shingle. Lots of wood were used in the construction of the exterior walls of the home. While the walls in the interior have been made of plaster. As for flooring, was the material of choice during construction. Residents rely on air conditioning for their cooling system. The home's a forced air unit is the primary heating source and it is being fueled with oil. The property was last sold in Jan 18, 2017 for $116,500. That's $60.68 per sqft. Prior to that sales transaction, the property was also sold in Mar 21, 2007 for $14,500. 226 7th Street was last assessed in 2024. The total value of the property was assessed at $83,700. Specifically, the land the property is located on was valued at $14,900. While improvements on the property were assessed at a total of $68,800. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $511. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1909
  • Effective Year Built: 1909
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Poor
  • Building Quality: D
  • Construction Type: Frame
  • Building Style: Colonial
  • Exterior Walls Type: Wood
  • Interior Walls Type: Plaster
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Floor Cover: Wood
  • Basement Type: Unspecified basement
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 0
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 34,630
  • Total Building Area: 1,920
  • Building Area: 1,920
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,920
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Septic
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.795
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Miscellaneous (general)
  • Legal Description 1: ON SEVENTH ST

Ownership

  • Current Owner : POPE KEY MICHAEL M
  • Current Owner 2: POPE KEY ASHLEY M
  • Previous Owner : SILVER EDWARD L
  • Previous Owner 2: SILVER LINDA H
  • Owner Before Previous Owner: COLEMAN CLYDE JUNIOR
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Amherst County Public Schools
  • Census Tract: 010505

Zoning

  • Zoning: RMU1

Geography

  • Parcel: 160A4 A 29
  • Municipality: MADISON HEIGHTS SANITARY
  • Latitude: 37.4194
  • Longitude: -79.1279

    Address

  • Full Address: 226 7th St
  • Address - House Number: 226
  • Address - Street Name: 7th
  • Address - Suffix Type: St
  • State: VA
  • City Name: Madison Heights
  • Carrier Code: R007
  • 4-Digit Zip Code: 2025
  • Zip Code: 24572

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $511

    Appraisal Valuation

  • Standard Deviation: 0.252
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 64
  • Final Value: 194,923
  • High Value: 244,055
  • Low Value: 145,791

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $132,000
  • First Open Lien Mortgage Lender: FIRST HOME BANK
  • First Open Lien Mortgage Recording Date: Apr 26, 2022
  • First Open Lien Mortgage Loan Amount: $132,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 01, 2052

    Market Valuation

  • Market Total Value: $83,700
  • Market Land Value: $14,900
  • Market Improvement Value: $68,800

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $83,700
  • Assessed Land Value: $14,900
  • Assessed Improvements Value: $68,800

    Sales

  • Current Sale Contract Date: Jan 18, 2017
  • Current Sale Recording Date: Feb 06, 2017
  • Current Sale Transaction ID: 1991991593
  • Current Sale Price: $116,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 0447
  • Previous Sale Recording Date: Apr 11, 2007
  • Previous Sale Contract Date: Mar 21, 2007
  • Previous Sale Amount: $14,500
  • Previous Sale Document Type: Commissioner's Deed - North Carolina in probate-related transfers. In Hawaii foreclosure-related transfers.

    Last Sale Mortgage

  • First Mortgage Lender: STEARNS LENDING LLC
  • First Mortgage Transaction Date: Feb 06, 2017
  • First Mortgage Loan Amount: $117,676
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

About Madison Heights



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Frequently Asked Questions

What neighborhood is 226 7th Street located in?
The 226 7th Street is a located in the neighborhood of Amherst in Madison Heights, Madison Heights.
What is the average sales price for listings in 226 7th Street?
The average sales price for units in 226 7th Street is $0 currently.

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