NOT LISTED FOR SALE

1040 Rivermont Terrace Lynchburg, VA 24503

Woodland Neighborhood

Estimated Value: $408,087 - $463,000

3 Beds
3 Baths
3,041 Sq Ft
$143/Sq Ft Est. Value

Last Sold September 02, 2020

Last sale price $285,000 $94 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $2,551/month

7 Days on Market

Highlights

  • Wood Flooring
  • Fenced Yard
  • Zoned Heating and Cooling
  • Formal Dining Room
  • Walk-In Closet
  • Landscaped

About This Home

As of September 2020

A classic Lynchburg home situated on one of the most charming streets in Boonsboro! The main level offers an inviting foyer, an elegant living room with a beautiful fireplace, separate dining room with chair rail, delightful kitchen & pantry nook, an updated half bath, & a lovely family room w/ light filled windows that overlook the backyard & doors that open to the paver patio. Perfect for entertaining! The upstairs has master bathroom w/ walk-in closet, 2 beds, & 1 full bath. The finished basement w/stone floors has home office section with built-ins, an even larger space filled with cabinets/countertops, half bath, & laundry area. Gorgeous hardwood floors & crown molding throughout.The backyard is flat, fenced-in, landscaped, has a tree-house, a large paver patio, & a paved oversized driveway. Front yard has lovely front porch w/ slate floors & walk-way. This unique property is ideally located between both hospitals & within walking distance to restaurants, shopping, & trails.

Last Agent to Sell the Property

Erin McWane

Blickenstaff & Company, Realto License #0225225262 Listed on: 06/01/2020

Last Buyer's Agent

Katharine Blickenstaff Poats

Blickenstaff & Company, Realto License #0225204392

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,609

Year Built

  • Built in 1937

Lot Details

  • 0.35 Acre Lot
  • Fenced Yard
  • Landscaped

Home Design

  • Shingle Roof
  • Metal Roof
  • Plaster

Interior Spaces

  • 3,041 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Decorative Fireplace
  • Formal Dining Room
  • Pull Down Stairs to Attic
  • Washer and Dryer Hookup

Kitchen

  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile
  • Slate Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Bathtub Includes Tile Surround

Finished Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Laundry in Basement

Home Security

  • Storm Doors
  • Fire and Smoke Detector

Schools

  • Bedford Hills Elementary School
  • Linkhorne Midl Middle School
  • E. C. Glass High School

Utilities

  • Zoned Heating and Cooling
  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 03806070

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,609

Year Built

Built in 1937

Lot Details

0

Listing Details

  • FILLACRES: 0.3490
  • Directions: Take Boonsboro Rd onto Rivermont Avenue. Turn right onto Rivermont Terrace. Home is on the left.
  • ElementarySchool7: Bedford Hills Elem
  • HighSchool7: E. C. Glass High
  • Lot Measurement: Acres
  • Lot Sq Ft: 15202.00
  • MiddleSchool7: Linkhorne Midl
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 03806070
  • Year Built: 1937
  • HalfBathBelowGrade: 1
  • Heating System: Heat Pump, Two-Zone
  • Building Stories: Two
  • Dwelling Styles: Two Story
  • Foyer Area: 128.000000
  • Laundryroom Dim: 0.000 x 0.000
  • Living Room Dim: 23.000 x 14.000
  • Livingroom Len: 23.000
  • Livingroom Wid: 14.000
  • Masterbedroom Area: 224.000000
  • Master Bedroom Dim: 16.000 x 14.000
  • Masterbedroom Len: 16.000
  • Masterbedroom Wid: 14.000
  • Office Dim: 19.000 x 25.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 3.00
  • Bathrooms Display: 3 (1 2)
  • Lower Floor 1 Bedrooms: 3
  • Broker Approved: Yes
  • Legal Description: RIVERMONT TERRACE, BLK A, LOT 17-19
  • Reciprocal Listing: No
  • Second Bedroom: 14x9 Level: Level 2 Above Grade
  • Second Bedroom Area: 126.000000
  • Third Bedroom: 14x11 Level: Level 2 Above Grade
  • Third Bedroom Area: 154.000000
  • Above Grade Finished Sq Ft: 2191.00
  • ApplianceConvey: Dishwasher, Disposal, Microwave, Range-Elec, Refrigerator, Self Cleaning Oven
  • Has Attic: Pull Down
  • Has Basement: Exterior Entrance, Finished, Full, Heated, Interior Entrance
  • Flooring: Hardwood, Slate, Tile
  • Year Built Exception: 0
  • Family Room: 19x12 Level: Level 1 Above Grade
  • Fireplace: 1 Fireplace, Decorative/Non-Op
  • Formal Dining: 13x13 Level: Level 1 Above Grade
  • Foyer: 16x8 Level: Level 1 Above Grade
  • Level 2 Full Bathrooms: 1
  • First Level Half Bathrooms: 1
  • Interior Amenities: Cable Available, Ceiling Fan(s), Drywall, Main Level Den, Plaster, Rods, Separate Dining Room, Smoke Alarm, Tile Bath(s), Walk-In Closet(s)
  • Dining Kitchen: 15x11 Level: Level 1 Above Grade
  • Laundry: Basement, Dryer Connection, Washer Connections
  • Living Room: 23x14 Level: Level 1 Above Grade
  • Master Bedroom: 16x14 Level: Level 2 Above Grade
  • Office: 19x25 Level: Below Grade
  • Porch: 18x6 Level: Level 1 Above Grade
  • FamilyRoom Area: 228.000000
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 165.000000
  • LivingRoom Area: 322.000000
  • Office Area: 475.000000
  • 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: Metal, Shingle
  • New Construction: Completed
  • Exterior Features: Paved Drive, Fenced Yard, Landscaped, Storm Doors
  • Patio: 30x14 Level:

Garage/Parking

  • Garage Dim: 0.000 x 0.000

Utilities

  • Air Conditioner: Heat Pump, Two-Zone
  • 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: 3041.00

Tax Info

  • Estimated Taxes: 2609

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2020
Closed on
Jul 16, 2020
Sold by
Bell Sarah W
Bought by
Lindmark Kevin J and Lindmark Elaine C
Seller's Agent
Erin McWane
Blickenstaff & Company, Realto
Buyer's Agent
Katharine Blickenstaff Poats
Blickenstaff & Company, Realto
List Price
$285,000
Sold Price
$285,000
Total Days on Market
7
Current Estimated Value
$435,022

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$150,022
Avg. Annual Appreciation
8.41%
Original Mortgage
$256,500
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 30, 2020
Sold by
Wayland Edward D and Wayland Cynthia D
Bought by
Bell Sarah W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,500
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 18, 2009
Sold by
Griffith Nancy J
Bought by
Mcdaniel Ginny Griffith

Purchase Details

Closed on
Dec 18, 2008
Sold by
Griffith Nancy J
Bought by
Griffith Ginny

Purchase Details

Closed on
Jun 29, 2006
Sold by
Cheatham H Thurman and Cheatham Martha D
Bought by
Griggith H Russell and Griffith Nancy J
Source: Public Records

Range of Values:

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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
Lindmark Kevin J $285,000 None Available
Bell Sarah W $25,550 None Available
Mcdaniel Ginny Griffith -- None Available
Griffith Ginny -- None Available
Griggith H Russell -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lindmark Kevin J $30,000
Previous Owner Lindmark Kevin J $256,500
Previous Owner Bell Sarah W $81,500
Previous Owner Bell Sarah W $130,500
Previous Owner Mcdaniel Ginny Giffith $225,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/02/2020 09/02/20 Sold $285,000 0.0% $94 / Sq Ft
06/08/2020 06/08/20 Pending -- -- --
06/01/2020 06/01/20 For Sale $285,000 +11.8% $94 / Sq Ft
05/26/2015 05/26/15 Sold $255,000 -1.9% $84 / Sq Ft
05/11/2015 05/11/15 Pending -- -- --
04/28/2015 04/28/15 For Sale $259,900 -- $85 / 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 $2,812 $315,900 $46,800 $269,100
2023 $2,811 $315,900 $46,800 $269,100
2022 $2,903 $281,800 $40,000 $241,800
2021 $782 $281,800 $40,000 $241,800
2020 $2,726 $245,600 $40,000 $205,600
2019 $2,726 $245,600 $40,000 $205,600
2018 $2,610 $235,100 $36,000 $199,100
2017 $2,610 $235,100 $36,000 $199,100
2016 $2,610 $235,100 $36,000 $199,100
2015 $2,610 $209,900 $36,000 $173,900
2014 $1,165 $209,900 $36,000 $173,900
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2020

    Erin McWane

    Blickenstaff & Company, Realto

    (434) 238-8675

    5 in this area

    68 Total Sales

    Erin McWane
    Section Image

  • K

    Buyer's Agent in 2020

    Katharine Blickenstaff Poats

    Blickenstaff & Company, Realto

    (434) 258-1400

    13 in this area

    134 Total Sales

    Katharine Blickenstaff Poats
    Section Image

  • M

    Seller's Agent in 2015

    Mickey Herzing

    Mark A. Dalton & Co., Inc.

    3 in this area

    165 Total Sales

    Mickey Herzing
    Section Image
  • Karin Baldwin

    Buyer's Agent in 2015

    Karin Baldwin

    RE/MAX

    (434) 851-8581

    24 Total Sales

    Karin Baldwin
    Section Image
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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 325244

APN: 038-06-070

Virginia Lynchburg City County Lynchburg 24503 Woodland

1040 Rivermont Terrace, Lynchburg, VA

This home is located at 1040 Rivermont Terrace, Lynchburg, VA 24503 since 01 June 2020 and is currently estimated at $435,022, approximately $143 per square foot. This property was built in 1937. 1040 Rivermont Terrace is a home located in Lynchburg City with nearby schools including Bedford Hills Elementary School, Linkhorne Middle School, and E.C. Glass High School.

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