$230,000

166 Martins Ln Madison Heights, VA 24572

Estimated payment $1,305/month

Total Views 16,220
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

About This Home

Needs TLC but a bargain, purchase home, live in upper level/lower and rent the other unit. Upper Level: 3 bedroom 1 bath, Lower Level 2 bedrooms 1 bath. Both share one laundry room with each having a washer and dryer and each have independent entrance to laundry. No loosing here. One of the units would most likely pay your loan depending on downpayment and other variables.

Listing Agent

Ana Quinteros

Samson Properties License #0225066655 Listed on: 01/12/2026

Samson Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $755

Year Built

  • Built in 1969

Lot Details

  • 30,056 Sq Ft Lot

Schools

  • Madison Heights Elementary School
  • Monelison Midl Middle School
  • Amherst High School

Community Details

  • 2 Separate Water Meters
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 160A21C12-18

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$755

Year Built

Built in 1969

Lot Details

0.69 Acres

Listing Details

  • Directions: From downtown Lynchburg, take 5th street Bridge into Madison Heights, follow to left onto Martins Lane, property will be on your right. Or use GPS.
  • Days On Market: Yes
  • Prop. Type: Multi-Family
  • Year Built: 1969
  • Garage Yn: No
  • Property Sub-Type: Multi-Family
  • Unit Info Number Unfurnished Units: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Broker Approved: Yes
  • Reciprocal Listing: No

Schools

  • Elementary School: Madison Heights Elem
  • High School: Amherst High
  • Middle School: Monelison Midl
  • Junior High Dist: Amherst

Lot Info

  • Acres: 0.6900
  • Lot Size Sq Ft: 30056.00
  • ResoLotSizeUnits: Acres
  • Parcel Number: 160A21C12-18

Rental Info

  • Sub Lease: No
  • Sub Lease Expiration Date: 1800-01-01T00:00:00-05:00

Tax Info

  • Estimated Taxes: 755

Multi Family

  • Number Of Units Total: 2
  • Existing Lease Type: Net
  • Number Of Separate Water Meters: 2

Map

Range of Values:

--
Value Increase
--
Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $1,602 $262,700 $40,000 $222,700
2025 $1,602 $262,700 $40,000 $222,700
2024 $1,602 $262,700 $40,000 $222,700
2023 $1,602 $262,700 $40,000 $222,700
2022 $1,602 $262,700 $40,000 $222,700
2021 $1,602 $262,700 $40,000 $222,700
2020 $1,602 $262,700 $40,000 $222,700
2019 $1,615 $264,800 $52,000 $212,800
2018 $1,615 $264,800 $52,000 $212,800
2017 $1,615 $264,800 $52,000 $212,800
2016 $1,615 $264,800 $52,000 $212,800
2015 $1,483 $264,800 $52,000 $212,800
2014 $1,483 $264,800 $52,000 $212,800
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/03/2026 06/03/26 Price Changed $230,000 -4.2% --
01/12/2026 01/12/26 For Sale $240,000 +8.1% --
11/18/2022 11/18/22 Sold $222,000 -9.4% $163 / Sq Ft View Prior Sale
09/27/2022 09/27/22 Pending -- -- --
09/13/2022 09/13/22 For Sale $245,000 -- $180 / Sq Ft
Source: Lynchburg Association of REALTORS®

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Deed $444,000 First American Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $333,000 Balloon
Source: Public Records

Source: Lynchburg Association of REALTORS®

MLS Number: 363968

APN: 160A2-1-C-9,18

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