This property is located at a highly visible location on Rt. 29 in Monroe, VA just North of Downtown Madison Heights and near various other retail and office businesses. This parcel is zoned for a wide variety of uses including Medical, Office, Retail Stores, Day Care, Car Wash, Brewery, Commercial Storage, Car & Boat Sales, Automotive, and many others. Public water is available.
Property Details
Property Features
Listing Office:
Office Name: Coldwell Banker Commercial Read & Company
Listing Agent: Luke J Dykeman
Lot Features
Lot Information:
Lot Size: 1.08 Acres
Other
Directions Information:
Directions: Rt. 29 North towards Amherst. Property in Monroe, VA just past the Monroe Post Office, property on the right.
Price Information
Listing Price Info
Price Summary:
List Price: $118,000
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Monroe, VA.
This property is $237K less than the Median Sold Price in Monroe, VA.
Based on homes sold in March 2024
MLS Details
MLS Information:
MLS Name: Lynchburg
MLS Number: #336267
Listing Office:
Office Name: Coldwell Banker Commercial Read & Company
Listing Agent: Luke J Dykeman
Information is provided by the Lynchburg Association of REALTORS®. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2024 Lynchburg Association of REALTORS®. All rights reserved. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 4/29/2024, 10:25:17 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$656
Per Month
Principal & Interest
$589
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$420
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
3
/10
Amelon Elementary School
132 Amer Cir
Distance between this listing and this school0.93 miles
Public District Grades PK-5
3
/10
Madison Heights Elementary School
287 Learning Ln
Distance between this listing and this school3.54 miles
Public District Grades PK-5
3
/10
Elon Elementary School
147 Younger Dr
Distance between this listing and this school4.63 miles
Public District Grades PK-5
Nearby Schools
3
/10
Monelison Middle School
257 Trojan Rd
Distance between this listing and this school2.04 miles
Public District Grades 6-8
4
/10
Paul Laurence Dunbar Middle For Innovation
1200 Polk St # 1208
Distance between this listing and this school5.46 miles
Public Magnet Grades 6-8
3
/10
Linkhorne Middle School
2525 Linkhorne Dr
Distance between this listing and this school6.11 miles
Public District Grades 6-8
Nearby Schools
2
/10
E.C. Glass High School
2111 Memorial Ave
Distance between this listing and this school5.88 miles
Public District Grades 9-12
4
/10
Amherst County High School
139 Lancer Ln
Distance between this listing and this school6.86 miles
Public District Grades 9-12
2
/10
Heritage High School
3020 Wards Ferry Rd
Distance between this listing and this school9.71 miles
The neighbors living near this home have an average income of $38,624. The majority of Monroe, VA residents have income less than $35k annually. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 0 S Amherst Hwy
What is the listing price of this property?
The listing price of 0 S Amherst Hwy property is $118,000.
What type of property is this?
The property 0 S Amherst Hwy is land located in Monroe, Virginia, 24574.
Is this property for sale now?
Active Listing: 0 S Amherst Hwy is For Sale (Active/New) which means the seller is accepting offers.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 0 S Amherst Hwy in Monroe, VA and zip code 24574. This home sits on a 1.08 acre lot. It has been listed on Rocket Homes since February 04, 2022 and is currently priced at $118,000.
In March 2024, from all listings sold in Monroe, VA there were more than 2 sold above asking price, over 2 sold below and more than 1 were sold right at the asked price. The inventory of homes for sale in Monroe, VA between February 2024 and March 2024 decreased by 17.9%. The median list price of listings available in March 2024 was $355,000, while the average time on the real estate market was 22 days.
From Rocket Homes Real Estate and based on county public records data.
Hunting
Hunting
NASCAR
Monster Trucks
Wal-Mart
Dollar General
Academy Sports & Outdoors
Hardee's
Jimmy Johns
Applebees
Ram
GMC
Chevrolet
Classic Country
New Country