NOT LISTED FOR SALE

1046 Rivermont Terrace Lynchburg, VA 24503

Woodland Neighborhood

Estimated Value: $337,000 - $417,000

3 Beds
2.5 Baths
2,200 Sq Ft
$176/Sq Ft Est. Value

Last Sold July 15, 2020

Last sale price $279,950 $127 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $2,297/month

3 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Fenced Yard
  • Deck
  • Breakfast Area or Nook
  • Shed

About This Home

As of July 2020

Charming, yet classic brick colonial in a wonderful neighborhood. Large entry foyer leads you to LR with fireplace and crown molding and to DR with beautiful wainscoting. Main level den with a wall of bookshelves, a nicely equipped kitchen and a bright breakfast area. Large rear Trex deck leads you into the deep, level and fenced backyard. Terrific master suite and two other nicely sized bedrooms on the upper level. Partial basement includes laundry and extra storage. Private backyard includes a storage building and off-street parking. Listing Agent is related to Seller.

Last Agent to Sell the Property

Victor Coffey

RE/MAX ALL STARS License #0225092805 Listed on: 05/29/2020

RE/MAX ALL STARS

Last Buyer's Agent

Non Member Transaction Agent

Non-Member Transaction Office

Property Details

Home Type

  • Manufactured Home

Est. Annual Taxes

  • $2,622

Year Built

  • Built in 1936

Lot Details

  • 0.37 Acre Lot
  • Fenced Yard

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 2,200 Sq Ft Home
  • 2-Story Property
  • Bookcases
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Partial Basement
  • Alarm System
  • Laundry on main level

Kitchen

  • Breakfast Area or Nook
  • Gas Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Deck
  • Shed
  • Play Equipment

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 20-22 & Pt23 / A

Property Details

Home Type

Manufactured Home

Est. Annual Taxes

$2,622

Year Built

Built in 1936

Lot Details

0

Listing Details

  • Interior Features: Alarm, Book Shelves, Breakfast Area, Gas Log Fireplace
  • Heating System: Heat Pump Electric, Zoned Heat
  • Fireplace(s): Living Room
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Partial Basement
  • Major Appliances: Dishwasher, Disposer, Range Gas
  • Cooling System: Heat Pump Electric, Zoned Cooling
  • Outside Features: Deck, Fenced Yard, Paved Driveway, Playhouse, Storage Shed
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBRUpperLevel: 3
  • EntryAboveGrdFin Sq Ft: 1326.00
  • ExteriorDoors: Wood
  • Fireplace Number Fireplaces: 1
  • FullBathsFullBathsUpperLvl: 2
  • Grand Total Attached S Q F T: 2200
  • HalfBathsHalfBathsEntryLvl: 1
  • Internet Access: Cable
  • InternetAccessCurntInternetProv: Comcast
  • LaundryLaundryLowerLevel: 1
  • Major Area: 19 - City of Lynchburg
  • MasterBedroomsMasterBRUpperLvl: 1
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: N/A
  • RatifiedContractDt: 2020-06-01
  • Residential Type: Detached
  • Style Of House: 2 Story, Colonial
  • SubdivisionMap: Rivermont Ter
  • Total Above Grd Fin S Q F T: 2200
  • TotalBdrm: 3
  • TotalBths: 2.10
  • TotalFBaths: 2
  • Total Finished Sq Ft: 2200.00
  • TotalHBaths: 1
  • UpperAboveGrdFin Sq Ft: 874.00
  • Water Class: N/A
  • Water Htr Energy: Natural Gas
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: MobileManufactured
  • Stories: 2

Interior Features

  • Basement YN: Yes

Utilities

  • Sewer Description: Public Sewer
  • Water Description: Public Water
  • Water Heater Type: Tank

Association/Amenities

  • Misc Features: Cable TV

Schools

  • Elementary School: Other - See Remarks
  • Middle School: Other - See Remarks
  • High School: Other - See Remarks

Lot Info

  • Lot Description: Varied
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.37
  • Lot: 20-22 & Pt23

Building Info

  • Year Built: 1936

Tax Info

  • Taxes (6 mo): 2622.00
  • FILLTAXID: 03806073

MLS Schools

  • Elementary School: Other - See Remarks
  • HighSchool: Other - See Remarks
  • Middle School: Other - See Remarks

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2020
Closed on
Jul 13, 2020
Sold by
Coffey Jonathan A and Coffey Katherine T
Bought by
Bryson Devon C and Bryson Mary H
Seller's Agent
Victor Coffey
RE/MAX ALL STARS
Buyer's Agent
Non Member Transaction Agent
Non-Member Transaction Office
List Price
$279,950
Sold Price
$279,950
Current Estimated Value
$387,157

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,207
Avg. Annual Appreciation
6.70%
Original Mortgage
$223,960
Outstanding Balance
$200,792
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$190,759

Purchase Details

Listed on
Jul 7, 2015
Closed on
Sep 25, 2015
Sold by
Osborne Timothy Lee and Osborne Pauline J
Bought by
Coffey Jonathan A and Coffey Katherine T
Seller's Agent
Billy Flint
Flint Property Group
Buyer's Agent
Meredith Ford
OUT OF AREA BROKER
List Price
$254,500
Sold Price
$245,000
Premium/Discount to List
-$9,500
-3.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.82%
Original Mortgage
$210,000
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 4, 2012
Sold by
Matney Russell M and Matney Karen C
Bought by
Matney Russell M and Matney Karen C
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Bryson Devon C $236,200 None Available
Coffey Jonathan A $245,000 Colonial Title & Settlement
Matney Russell M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bryson Devon C $223,960
Previous Owner Coffey Jonathan A $210,000
Previous Owner Matney Russell M $121,778
Previous Owner Matney Russell M $137,500
Previous Owner Matney Russell M $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2020 07/15/20 Sold $279,950 0.0% $127 / Sq Ft
06/01/2020 06/01/20 Pending -- -- --
05/29/2020 05/29/20 For Sale $279,950 +14.3% $127 / Sq Ft
10/02/2015 10/02/15 Sold $245,000 -3.7% $111 / Sq Ft
10/01/2015 10/01/15 Pending -- -- --
07/07/2015 07/07/15 For Sale $254,500 +3.9% $116 / Sq Ft
05/15/2013 05/15/13 Sold $245,000 -2.0% $111 / Sq Ft
04/24/2013 04/24/13 Pending -- -- --
03/19/2013 03/19/13 For Sale $249,900 -- $114 / Sq Ft
Source: Roanoke Valley 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 $2,804 $315,100 $46,800 $268,300
2023 $2,804 $315,100 $46,800 $268,300
2022 $2,953 $270,900 $40,000 $230,900
2021 $3,007 $270,900 $40,000 $230,900
2020 $2,622 $236,200 $40,000 $196,200
2019 $2,622 $236,200 $40,000 $196,200
2018 $2,522 $227,200 $36,000 $191,200
2017 $2,522 $227,200 $36,000 $191,200
2016 $2,522 $227,200 $36,000 $191,200
2015 $2,522 $227,200 $36,000 $191,200
2014 $2,522 $219,800 $36,000 $183,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 869845

Roanoke Valley Association of REALTORS®

APN: 038-06-073