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Sold for $103,000
    • $103,000

    550 Thomas Rd, Madison Heights, VA 24572

    --beds
    --baths
    10.28Acres
    Unimproved Land
    Built in ----
    10.28 Acres Lot
    $122,100 Zestimate®
    $--/sqft
    $-- Estimated rent

    Home value

    $122,100

    $116,000 - $131,000

    Not available

    Zestimate® history
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    What's special

    Existing drivewayFormer homesitePeaceful settingPlenty of road frontage
    With plenty of road frontage, an existing driveway, and a former homesite, this property is ready for your vision. County water and a private septic system are already in place, making it an excellent opportunity to build or invest. Conveniently located just minutes from downtown Lynchburg, Madison Heights shopping, restaurants, churches, and the James River, you'll enjoy both accessibility and a peaceful setting. Property is being sold AS-IS.

    Zillow last checked:

    Listing updated:

    Listed by:

    Thomas Nolen 434-939-2032 nolenrealestate@gmail.com,

    Nolen Real Estate

    Bought with:

    David Russell Evans, 0225268176

    Mark A. Dalton & Co., Inc.

    Source: LMLS,MLS#: 368464MLS LogoOriginating MLS: Lynchburg Board of Realtors

    Facts & features

    Interior

    Interior area
    • Total structure area: 0

    Property

    Features
    • Frontage length: 0
    Lot
    • Size: 10.28 Acres
    • Features: Land Use Program
    Details
    • Additional structures: Airplane Hangar
    • Parcel number: 155A149
    • Zoning: R-2

    Utilities & green energy

    • Electric: American Electric
    • Sewer: Septic Tank

    Community & HOA

    Location
    • Region: Madison Heights

    Financial & listing details

    • Tax assessed value: $70,500
    • Annual tax amount: $465
    • Date on market: 8/5/2026
    • Cumulative days on market: 6 days
    • Road surface type: Paved

    Price history

    DateEventPrice
    9/4/2026Sold$103,000+3%
    Source: LMLS #368464 Report a problem
    8/12/2026Pending sale$100,000
    Source: LMLS #368464 Report a problem
    8/5/2026Listed for sale$100,000
    Source: LMLS #368464 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$430 $70,500
    2023$430 $70,500
    2022$430 $70,500
    2021$430 $70,500
    2020$430 -21.1%$70,500 -21.1%
    2018$545 +54.5%$89,300
    2017$353 $89,300
    2016$353 +8.7%$89,300 -0.9%
    2015$324 $90,100
    2014$324 -34.9%$90,100 -5.9%
    2013$498 $95,800
    2012$498 $95,800
    2011$498 $95,800
    2010$498 $95,800
    2009$498 -20%$95,800
    2008$623 +86.6%$95,800 +75.1%
    2007$334 $54,700
    2006$334 $54,700
    2005$334 +3.4%$54,700
    2004$323 +2.7%$54,700
    2003$314 $54,700 -2.5%
    2002$314 +48.1%$56,100 +85.1%
    2001$212 $30,300
    Find assessor info on the county website

    Neighborhood: 24572

    Nearby homes

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Madison Heights Elem
    • Middle: Monelison Midl
    • High: Amherst High

    Source: LMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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