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$900,000

Listing Price

5beds

2baths

2,880sqft

623,866sqft lot

228 Wildwood Acres Rd, Madison Heights, VA 24572

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  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

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For Sale

Off Market

Single Family

Home type

--

Price / sqft

1969

Year built

Home Details

Investment Opportunity in Amherst County: A Prime Development & Rental Property.Discover a rare investment opportunity in Amherst County, where significant development is underway. This expansive property spans over 14 acres and includes a charming 1900s farmhouse, two duplexes, and one triplex. Currently, there are eight rented units, including the farmhouse, providing immediate income potential.Over 14 acres of land with a 1900s farmhouse, two duplexes, and one triplex.The property boasts eight rented units, offering a steady revenue stream.Located in a rapidly developing area, this property is poised for future growth and value appreciation.Situated just minutes from local amenities such as grocery stores, shops, and restaurants, this property offers convenience and accessibility. The proximity to the 460 bypass and Route 29 ensures a quick and easy commute to Lynchburg, making it an attractive location for tenants and potential buyers.Pond on property

Interior Details

Square Feet
  • 2880

Bedrooms
  • 5

Bathrooms
  • 2

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Forced Air With Air Conditioning

Cooling
  • Has Cooling:

    Yes

  • Cooling Type:

    N/A

Fuel
  • Has Fuel:

    Yes

  • Fuel Type:

    Oil

Basement
  • Has Basement:

    No

  • Basement Type:

    Partial

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    Softwood

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 623866

Water
  • Yes

Sewer
  • Yes

Parking
  • Type:

    N/A

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    N/A

Deck
  • No

Patio
  • No

Fence
  • No

Pool
  • No

Porch
  • No

Stoop
  • No

Breezeway
  • No

Construction Details

Number of Stories
  • 2

Style
  • Cape Cod

Exterior
  • Brick

Foundation
  • N/A

Roof
  • Hip

Roofing Material
  • Metal

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2019

$862

$0

$141,400

--%

$141,400

2018

$3,609

$180,600

$411,100

--%

$591,700

2018

$1,804

$180,600

$411,100

--%

$591,700

2016

$3,609

$180,600

$411,100

--%

$591,700

percent-home-icon

Average Home Price in 24572

Nearby Properties

Zip Code

Price

Bed

Bath

Sqft

Lot

Sold Date

$900,000

5 Beds

2 Baths

2,880 Sqft

623,866 Lot (sqft)

Sold 10/18/2026

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Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
900,000
$
Down payment
180,000
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
5,400
$
HOA (Monthly)
0
$
PMI
0
$
$5,826
Your Payment
Total Monthly Payment:$5,826
Percent of Income:100%
Affordable:No

Details for 228 WILDWOOD ACRES RD

Property Debt

Foreclosure Contact Details

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