See Home Value
Madison Heights 24572
4598 S Amherst Hwy. Highway
$298,029*
Land - Off Market

4598 S Amherst Hwy. Highway

Madison Heights, VA 24572
bedrooms
Studio
bathrooms
1 Bath
square feet
1088 Sqft
$270,000 - $328,000
Reference Base Price*
-0.62%
Since Oct 1, 2023
National-US
Primary Model

About This Property

Business Delight at hand as well as Home on the Range! This property is zoned B2 General Commercial, it has a residential home as well. You will find information in the docbox of the MLS service for more detailed information. The property has served as a mobile home park for years. The 7 mobile homes there are grandfathered in with the county. Upon removal of the present mobile homes NO mobiles can be replaced per the county. The present tenants pay $200 per month lot rent, the residential home received $500 per month from the previous tenant. The home is being cleaned and has a possible tenant ready upon completion. The owners realize they are below market rent, however based on long term and good tenants chose to stay at their minimum fee. The Sellers pay the water bill. Have your agent pull all attached information for more clarification.

The manager has listed the unit size as 1088 square feet.
Unit Size
1,088Ft²
Days on Market
-
Land Size
1.50 acres
Price per sqft
$276
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
1929

Price History

Date / Event Date Event Price
Sep 20, 2023 No longer available -
No longer available
Feb 11, 2023 In contract -
In contract
Feb 8, 2023 Listed $299,900
Listed
Sep 6, 2021 No longer available -
No longer available
Mar 6, 2020 Listed $299,900
Listed
1.5 acres zoned Commercial/Industrial in Madison Heights currently used as Buddy's Trailer Park and consisting of one 1,100SF house and trailer park lot with ten singlewide sites. House rents for $450 per month. Two trailer sites rent for $170 monthly, remaining eight for $180 per month. All month-to-month.

Property Highlights

Building Info

Overview

    General

  • Year Built: 1929
  • Effective Year Built: 1929
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Cape Cod
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Plaster
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Floor Cover: Wood
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 0
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 70,916
  • Total Building Area: 1,088
  • Building Area: 1,088
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,088
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 1.628
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Miscellaneous (general)
  • Legal Description 1: LOTS 1 & 4 & PT OF 3 SEE DB 248-61

Ownership

  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Zoning

  • Zoning: B2

Geography

  • Parcel: 155B A 6
  • Lot: 1
  • Municipality: ELON
  • Latitude: 37.4484
  • Longitude: -79.1209

    Address

  • Full Address: 4598 S Amherst Hwy
  • Address - House Number: 4598
  • Street Direction: S
  • Address - Street Name: Amherst
  • Address - Suffix Type: Hwy
  • State: VA
  • City Name: Madison Heights
  • Carrier Code: R004
  • 4-Digit Zip Code: 5373
  • Zip Code: 24572

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,070

    Appraisal Valuation

  • Standard Deviation: 0.4395
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 12
  • Final Value: 347,974
  • High Value: 500,911
  • Low Value: 195,036

    Market Valuation

  • Market Total Value: $339,300
  • Market Land Value: $283,700
  • Market Improvement Value: $55,600

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $339,300
  • Assessed Land Value: $283,700
  • Assessed Improvements Value: $55,600



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Madison Heights


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 313 Dixie Airport Rd, Madison Heights, VA, 24572

$1,265 /mo

  • 2 Beds
  • 1 Bath
  • 1,300 ft²
313 Dixie Airport Rd #313 Dixie Airport Rd, Madison Heights, VA, 24572 Listing by Manager


Frequently Asked Questions

When was property at 4598 South Amherst Highway built and last sold?
The property at 4598 South Amherst Highway was built in 1929 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 4598 South Amherst Highway is $302,899.
What are some comparable homes to 4598 South Amherst Highway?
There are currently no comparable homes to 4598 South Amherst Highway.

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