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256 Ridge Street

256 Ridge Street, Madison Heights, VA 24572
Property in Amherst
Sold Dec 12, 2022
$203,000
$199,323 by Amerisave Mortgage Corporation
Mortgage Due Jan 01, 2053
Sold Jul 17, 2017
$125,000
$127,687 by Cityworth Mortgage Llc
Mortgage
256 Ridge Street in Madison Heights, VA was first built in 1950 and is 74 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. There are a total of 2 floors. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 256 Ridge Street has 1,263 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. In total, the area measurement of the land is 29,930 square feet.

Learn more about the property and building on this page. There is a screened porch and a patio. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. The home has a gable style roof made of composition shingle. 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 average. The exterior walls of the home are made of brick. 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. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 256 Ridge Street was last sold in Nov 23, 2022 for $203,000. According to our calculations, that's $160.73 per sqft. Prior to that sales transaction, the property was sold for $125,000 in Jul 13, 2017. Current property owners are expected to pay $703 in taxes per year. The property on 256 Ridge Street was last assessed in 2024. As a result of that assessment, the total value of the property was placed at $115,200. To break that down further, the land itself was valued at $22,500. While improvements to the property were assessed at a total of $92,700. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1950
  • Effective Year Built: 1950
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Cape Cod
  • Exterior Walls Type: Brick
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Floor Cover: Carpet
  • Basement Type: Unspecified basement
  • Basement Area: 613
  • Garage Type: Garage
  • Parking Space Count: 0
  • Patio Type: Patio
  • Porch Type: Screened porch
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 29,930
  • Total Building Area: 1,263
  • Building Area: 1,263
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 1,263
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Septic
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: FF GOTSCHALL PROP
  • Land Acres: 0.687
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Miscellaneous (general)
  • Legal Description 1: LOT 1 GOTTSCHALL PROP

Ownership

  • Current Owner : WATSON SAMANTHA M
  • Current Owner 2: ROBINSON AMBER
  • Previous Owner : MAYS CHRISTOPHER
  • Owner Before Previous Owner: HARMON PATRICIA G
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Amherst County Public Schools
  • Census Tract: 010506

Zoning

  • Zoning: R1

Geography

  • Parcel: 155C A 10
  • Lot: 1
  • Municipality: MADISON HEIGHTS SANITARY
  • Latitude: 37.44
  • Longitude: -79.1277

    Address

  • Full Address: 256 Ridge St
  • Address - House Number: 256
  • Address - Street Name: Ridge
  • Address - Suffix Type: St
  • State: VA
  • City Name: Madison Heights
  • Carrier Code: R004
  • 4-Digit Zip Code: 2322
  • Zip Code: 24572

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $703

    Appraisal Valuation

  • Standard Deviation: 0.4395
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 12
  • Final Value: 153,267
  • High Value: 220,629
  • Low Value: 85,904

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $199,323
  • First Open Lien Mortgage Lender: AMERISAVE MORTGAGE CORPORATION
  • First Open Lien Mortgage Recording Date: Dec 12, 2022
  • First Open Lien Mortgage Loan Amount: $199,323
  • 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: Jan 01, 2053

    Market Valuation

  • Market Total Value: $115,200
  • Market Land Value: $22,500
  • Market Improvement Value: $92,700

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $115,200
  • Assessed Land Value: $22,500
  • Assessed Improvements Value: $92,700

    Sales

  • Current Sale Contract Date: Nov 23, 2022
  • Current Sale Recording Date: Dec 12, 2022
  • Current Sale Transaction ID: 11899900969
  • Current Sale Price: $203,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 4226
  • Previous Sale Recording Date: Jul 17, 2017
  • Previous Sale Contract Date: Jul 13, 2017
  • Previous Sale Amount: $125,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMERISAVE MORTGAGE CORPORATION
  • First Mortgage Transaction Date: Dec 12, 2022
  • First Mortgage Loan Amount: $199,323
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jan 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: CITYWORTH MORTGAGE LLC
  • Previous Mortgage Transaction Date: Jul 17, 2017
  • Previous Mortgage Loan Amount: $127,687
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA

About Madison Heights



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Frequently Asked Questions

What neighborhood is 256 Ridge Street located in?
The 256 Ridge Street is a located in the neighborhood of Amherst in Madison Heights, Madison Heights.
What is the average sales price for listings in 256 Ridge Street?
The average sales price for units in 256 Ridge Street is $0 currently.

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