NOT LISTED FOR SALE

1016 Sheffield Dr Lynchburg, VA 24502

Sheffield Neighborhood

Estimated Value: $289,000 - $302,000

5 Beds
2.5 Baths
2,325 Sq Ft
$127/Sq Ft Est. Value

Last Sold June 28, 2021

Last sale price $200,000 $86 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $1,765/month

12 Days on Market

Highlights

  • Mountain View
  • Wood Flooring
  • Workshop
  • Ranch Style House
  • Great Room
  • Fireplace

About This Home

As of June 2021

Very nice brick ranch with awesome flat yard with beautiful mountain views! Two large living areas surround the kitchen on the main level plus three bathrooms and one full and one half bath. Partially finished basement has full bath and several rooms including large storage area and laundry. Backyard has a large patio with brick oven/fire pit. Covered carport, and nicely landscaped front yard. Perfect for the growing family or anyone needing main level living.

Last Agent to Sell the Property

Jeffrey Sims

Legacy Realty and Development License #0225215227 Listed on: 05/25/2021

Co-Listed By

Cary Sims

Legacy Realty and Development License #0225202019

Last Buyer's Agent

Ryan Nash

Keller Williams License #0225246229

Keller Williams

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,526

Year Built

  • Built in 1956

Lot Details

  • 0.43 Acre Lot
  • Garden

Home Design

  • Ranch Style House
  • Shingle Roof

Interior Spaces

  • 2,325 Sq Ft Home
  • Ceiling Fan
  • Fireplace
  • Great Room
  • Workshop
  • Mountain Views
  • Attic Access Panel
  • Electric Range

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms

Basement

  • Heated Basement
  • Walk-Out Basement
  • Exterior Basement Entry
  • Laundry in Basement

Schools

  • Sheffield Elementary School
  • Sandusky Midl Middle School
  • Heritage High School

Utilities

  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,526

Year Built

Built in 1956

Lot Details

0

Listing Details

  • FILLACRES: 0.4300
  • Directions: Sheffield Dr
  • ElementarySchool7: Sheffield Elem
  • HighSchool7: Heritage High
  • Lot Measurement: Acres
  • Lot Sq Ft: 18731.00
  • MiddleSchool7: Sandusky Midl
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • Year Built: 1956
  • FullBathBelowGrade: 1
  • Heating System: Heat Pump
  • Building Stories: One
  • Dwelling Styles: Ranch
  • Laundryroom Dim: 0.000 x 0.000
  • Living Room Dim: 0.000 x 0.000
  • Masterbedroom Area: 182.000000
  • Master Bedroom Dim: 13.000 x 14.000
  • Masterbedroom Len: 13.000
  • Masterbedroom Wid: 14.000
  • Office Dim: 0.000 x 0.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 3.00
  • Bathrooms Display: 3 (2 1)
  • Lower Floor 1 Bedrooms: 5
  • Broker Approved: Yes
  • Legal Description: SHEFFIELD, SEC 1, LOT 1
  • Reciprocal Listing: No
  • Second Bedroom: 11x11 Level: Level 1 Above Grade
  • Second Bedroom Area: 121.000000
  • Third Bedroom: 11x12 Level: Level 1 Above Grade
  • Third Bedroom Area: 132.000000
  • Fourth Bedroom: 12x12 Level: Below Grade
  • Fourth Bedroom Area: 144.000000
  • Fifth Bedroom: 12x12 Level: Below Grade
  • Fifth Bedroom Area: 144.000000
  • Above Grade Finished Sq Ft: 1425.00
  • ApplianceConvey: Range-Elec, Refrigerator
  • Has Attic: Access
  • Has Basement: Exterior Entrance, Heated, Walkout
  • Flooring: Hardwood, Vinyl
  • Year Built Exception: 0
  • Family Room: 16x12 Level: Level 1 Above Grade
  • Fireplace: 1 Fireplace
  • Level 1 Full Bathrooms: 1
  • Great Room: 14x17 Level: Level 1 Above Grade
  • First Level Half Bathrooms: 1
  • Interior Amenities: Cable Available, Cable Connections, Ceiling Fan(s), Great Room, Main Level Bedroom, Workshop
  • Dining Kitchen: 12x8 Level: Level 1 Above Grade
  • Laundry: Basement
  • Master Bedroom: 13x14 Level: Level 1 Above Grade
  • FamilyRoom Area: 192.000000
  • GreatRoom Area: 238.000000
  • Livinggreat Room Dim: 14.000 x 17.000
  • Kitchen Area: 96.000000
  • Est Other Room1 Dim: 0.000 x 0.000
  • Est Other Room2 Dim: 0.000 x 0.000
  • Est Other Room3 Dim: 0.000 x 0.000
  • Rec Room Dim: 0.000 x 0.000
  • Sunroom Dim: 0.000 x 0.000

Exterior Features

  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: Paved Drive, Garden Space, Mountain Views

Garage/Parking

  • Garage Dim: 0.000 x 0.000

Utilities

  • Utility Electric: AEP/Appalachian Powr
  • Air Conditioner: Heat Pump
  • Sewer: City
  • Hot Water: City
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors

Schools

  • School District: Lynchburg
  • School District: Lynchburg

Lot Info

  • Lot Sq Ft: 2325.00

Tax Info

  • Estimated Taxes: 1526

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2021
Closed on
Jun 22, 2021
Sold by
Smith Carrie Veronica and Hedrick Ernest L
Bought by
Nguyen John Trung Xuan
Seller's Agent
Jeffrey Sims
Legacy Realty and Development
Buyer's Agent
Ryan Nash
Keller Williams
List Price
$229,000
Sold Price
$200,000
Premium/Discount to List
-$29,000
-12.66%
Current Estimated Value
$295,638

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,638
Avg. Annual Appreciation
6.99%

Purchase Details

Closed on
Aug 1, 2005
Sold by
Smith Ronnie D and Smith Carol H
Bought by
Smith Carol H
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Nguyen John Trung Xuan $200,000 Chicago Title
Smith Carol H -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith Carol H $50,000
Previous Owner Smith Ronnie D $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2021 06/28/21 Sold $200,000 -12.7% $86 / Sq Ft
06/06/2021 06/06/21 Pending -- -- --
05/25/2021 05/25/21 For Sale $229,000 -- $98 / Sq Ft
Source: Lynchburg Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

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
2024 $1,893 $212,700 $37,500 $175,200
2023 $1,893 $212,700 $37,500 $175,200
2022 $1,665 $161,700 $35,000 $126,700
2021 $1,795 $161,700 $35,000 $126,700
2020 $1,526 $137,500 $32,500 $105,000
2019 $1,526 $137,500 $32,500 $105,000
2018 $1,432 $129,000 $27,000 $102,000
2017 $1,432 $129,000 $27,000 $102,000
2016 $1,432 $129,000 $27,000 $102,000
2015 $1,432 $129,000 $27,000 $102,000
2014 $358 $129,000 $27,000 $102,000
Source: Public Records

Agents Affiliated with this Home

  • Jeffrey Sims

    Seller's Agent in 2021

    Jeffrey Sims

    Legacy Realty and Development

    (434) 258-4751

    2 in this area

    206 Total Sales

    Jeffrey Sims
    Section Image
  • Cary Sims

    Seller Co-Listing Agent in 2021

    Cary Sims

    Legacy Realty and Development

    (434) 841-3576

    2 in this area

    53 Total Sales

    Cary Sims
    Section Image

  • R

    Buyer's Agent in 2021

    Ryan Nash

    Keller Williams

    Section Image
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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 331760

APN: 161-01-001

Virginia Lynchburg City County Lynchburg 24502 Sheffield

1016 Sheffield Dr, Lynchburg, VA

This home is located at 1016 Sheffield Dr, Lynchburg, VA 24502 since 25 May 2021 and is currently estimated at $295,638, approximately $127 per square foot. This property was built in 1956. 1016 Sheffield Dr is a home located in Lynchburg City with nearby schools including Sheffield Elementary School, Sandusky Middle School, and Heritage High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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