Sold
Last Sold Price
2,127,906 Lot Size48.85 Acres
219 Phelps Rd, Madison Heights, VA 24572
LandProperty Type
48.85 acresLot Size

Description

Excellent land location in Madison Heights with just a quick commute across the river to Lynchburg City. This area is prime location for investors looking to establish a Subdivision Development or townhouse community! This property offers entrances and road frontage from 3 different roads.Excellent land location in Madison Heights with just a quick commute across the river to Lynchburg City. This area is prime location for investors looking to establish a Subdivision Development or townhouse community! This property offers entrances and road frontage from 3 different roads.
  • Listed by: Trevor Gillispie • Elite Realty
Listing closed: 07/26/2023 12:00 AM • Source: Lynchburg Association of REALTORS, MLS#: 335216

Recent comparable sales

Median sold price

$174,900

Avg days on market

46

Sale-to-list ratio

96.4%

Madison Heights, VA

9 comparable properties found

$1,000,000 | 4743 South Amherst Highway, Madison Heights, VA 24572
1/2
1

$1,000,000

Sold 03/28/25

Unavailable
Bedrooms
Unavailable
Bathrooms
2,640
Square Feet
106
Acres
a view of a yard with large trees
1/8
2

$218,000

Sold 12/29/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
38.12
Acres
3

$289,000

Sold 04/01/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
Unavailable
Acres
$10,000 | 0 Dawson Street, Madison Heights, VA 24572
1/5
4

$10,000

Sold 02/05/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.45
Acres
5

$125,000

Sold 03/26/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
23.84
Acres
$60,000 | 4 Learning Lane, Madison Heights, VA 24572
1/26
6

$60,000

Sold 03/12/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
2.98
Acres
7

$95,000

Sold 09/25/24

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
2.65
Acres
a view of a forest with a tree
1/15
8

$300,000

Sold 09/09/25

Unavailable
Bedrooms
Unavailable
Bathrooms
861,617
Square Feet
19.78
Acres
9

$174,900

Sold 08/08/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
Unavailable
Acres

Location

Listing Courtesy of Elite Realty, Trevor Gillispie

Sold By Elite Realty, Kem E Cobb

Add your commute

Payment Calculator

$5,718 per month

30 year fixed, 6.55% Interest

Principal and Interest

$5,591

Property Taxes

$126

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 219 Phelps Road

Property Details
  • Taxes: $1,517 / year
  • MLS Type: Land / Commercial
  • Directions: Turn on VA 163 N, turn L on Phelps Rd, property on the L
Building Information
  • Lot Size: 48.85 AC
Summary
Location and General Information
  • County/City: Amherst
  • State: VA
  • ZIP: 24572
  • Area: Amherst
  • Longitude: .00
  • Latitude: .00
  • City/Town: Madison Heights
  • Access: Rd Frnt State Paved
Taxes and HOA
  • Tax Map/Parcel ID: 161A1161A2161A4161A5
  • Estimated Taxes: $1,517.00
  • Association: Lynchburg Board of Realtors
  • Association Fee Amount: $.00
  • Association Fee: 0.00
School Information
  • School District: Amherst
Property
Lot Information
  • Acres: 48.85
  • Lot Measurement: Acres
  • Lot Size Source: (Public Records)
  • Lot Square Footage: 2127906.0
  • Square Footage: 0.0
Property and Assessments
  • Property Type: Land
  • Property Subtype 1: Commercial
  • Road Frontage: .00
  • Restrictions: None
  • Age: 0
  • FIPS Code: 9
  • Legal Description: 161 A 1, 161 A 2, 161 A4, 161 A 5, 161 A 1 Madison Heights
  • Property Disclaimer: All information herein has not been verified and is not guaranteed
  • Current Use: Commerical, Unimproved
  • Allow Auto Estimate: Yes
  • Allow Reviews: Yes
  • Validated: Yes
Utilities
  • Utility - Electric: American Electric
  • Utilities: Cable Available, Water System Avail
Interior and Exterior Features
Exterior Features
  • Attach Doc to DocBox: Other
Interior Features
  • Internet Providers: Comcast/Xfinity
  • Limited Services: No
  • Bathrooms: .00
  • Bathrooms Display: 0 (0 0)
  • Quarter Bathrooms: 0
  • Full Bathrooms: 0
  • Half Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Bedrooms: 0
  • Possible Bedrooms: 0
Multi Family
Income and Expenses
  • Miscellaneous: Other

Property History for 219 Phelps Road

DateEvent & SourcePriceAppreciation
Jul 26, 2023

Sold

Lynchburg Association of REALTORS #335216

$1,100,000
Jul 20, 2023

Sold (Public Record)

Public Record #1516551557

$1,100,000
Jul 20, 2023

Sold (Public Record)

Public Record #1554240243

$1,100,000
DateEvent & SourcePrice
07/26/2023

Sold

Lynchburg Association of REALTORS #335216

$1,100,000
07/20/2023

Sold (Public Record)

Public Record #1516551557

$1,100,000
07/20/2023

Sold (Public Record)

Public Record #1554240243

$1,100,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 219 Phelps Road

Taxable ValueLand$35,000Additions$45,800Total$80,800
Tax Record2026$707 ($59 / month)
Home Facts
Beds3Baths1Total Finished SqFt1,247 SqFtAbove Grade Finished SqFt1,247 SqFtStories2Lot Size24,524 SqFtStyleSingle Family ResidenceYear Built1940Year Renovated1959ZoningR3CountyAMHERSTAPN161 A 2

Schools near 219 Phelps Road

This home is within Amherst County Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Private - K to 12
Rating
School
Distance
Madison Heights Elementary School
PublicPK to 5

Monelison Middle School
Public6 to 8

Amherst County High School
Public9 to 12

Fellowship Christian Academy
PrivateK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 219 Phelps Road, Madison Heights, VA 24572
$1,100,000
2,127,906
24
23,940
129,809
$232,000
3
1,836
26,615
$29,000
2
1
1,210
13,634
2
1
924
46,914
2
1
1,092
13,425

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Elite Realty, Trevor Gillispie

Based on information from one of the following Multiple Listing Services: CVRMLS, Roanoke Valley Association of REALTORS (Roanoke, VA), LAR, Lynchburg Association of REALTORS® and Charlottesville Area Association of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CVRMLS, Roanoke Valley Association of REALTORS (Roanoke, VA), LAR, Lynchburg Association of REALTORS® and Charlottesville Area Association of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.