NOT LISTED FOR SALE

10553 E Lynchburg Salem Turnpike Forest, VA 24551

Estimated Value: $387,000 - $430,000

3 Beds
3 Baths
2,516 Sq Ft
$160/Sq Ft Est. Value

Last Sold August 30, 2021

Last sale price $314,000 $125 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $2,247/month

10 Days on Market

Highlights

  • Multiple Fireplaces
  • Ranch Style House
  • Pole Barn
  • Forest Middle School Rated A-
  • Wood Flooring
  • Laundry Room

About This Home

As of August 2021

A Lot For the Money! 2,516 sf. brick ranch home on 4.23 acres with 2 car garage and pole barn. There are 5 bedrooms, 3 baths, 2 kitchens with apartment potential on the lower level. Nice layout with living room, great room, sun room on main level. White kitchen has built-in appliances, counter bar and adjoining pantry/laundry room. Ceramic tile baths, hardwood floors and fireplace compliment the main level. The Terrace level can be a two bedroom, one bath apartment suitable for in-laws or to generate income to help pay your mortgage. The 4+ acres are wooded and lays nearly flat.

Last Agent to Sell the Property

Tommy DeWitt

DeWitt Real Estate & Auctions License #0225033016 Listed on: 07/06/2021

Last Buyer's Agent

Mike Levan

BHHS Dawson Ford Garbee License #0225045215

BHHS Dawson Ford Garbee

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,213

Year Built

  • Built in 1976

Lot Details

  • 4.23 Acre Lot
  • Landscaped

Home Design

  • Ranch Style House
  • Shingle Roof

Interior Spaces

  • 2,516 Sq Ft Home
  • Ceiling Fan
  • Multiple Fireplaces
  • Utility Room
  • Attic Access Panel

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Washer Hookup

Finished Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Fireplace in Basement
  • Apartment Living Space in Basement

Parking

  • Garage
  • 2 Carport Spaces
  • Basement Garage

Outdoor Features

  • Pole Barn

Schools

  • New London Academy Elementary School
  • Forest Midl Middle School
  • Jefferson Forest-Hs High School

Utilities

  • Heat Pump System
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • Lick Run Subdivision

Listing and Financial Details

  • Assessor Parcel Number 15207700

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,213

Year Built

Built in 1976

Lot Details

0

Listing Details

  • BuildingOnProperty: Pole Building
  • Directions: Located on US 460 across from Bedford Research and Technology Park.
  • Lot Measurement: Acres
  • Lot Sq Ft: 184259.00
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 15207700
  • Year Built: 1976
  • FullBathBelowGrade: 1
  • Heating System: Heat Pump
  • Building Stories: One
  • Dwelling Styles: Ranch
  • Laundryroom Dim: 12.000 x 6.000
  • Laundryroom Len: 12.000
  • Living Room Dim: 13.000 x 12.000
  • Livingroom Len: 13.000
  • Livingroom Wid: 12.000
  • Masterbedroom Area: 168.000000
  • Master Bedroom Dim: 14.000 x 12.000
  • Masterbedroom Len: 14.000
  • Masterbedroom Wid: 12.000
  • Office Dim: 0.000 x 0.000
  • Other Room1 Area: 66.000000
  • Other Room1 Len: 11.000
  • Other Room2 Area: 40.000000
  • Other Room2 Len: 8.000
  • Other Room3 Area: 768.000000
  • Other Room3 Len: 32.000
  • Sun Room Len: 17.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 3.00
  • Bathrooms Display: 3 (3 0)
  • Lower Floor 1 Bedrooms: 3
  • Broker Approved: Yes
  • High School2: Jefferson Forest-HS
  • Legal Description: LICK RUN LT 7
  • Middle School2: Forest Midl
  • Reciprocal Listing: No
  • Second Bedroom: 14x11 Level: Level 1 Above Grade
  • Second Bedroom Area: 154.000000
  • Third Bedroom: 11x11 Level: Level 1 Above Grade
  • Third Bedroom Area: 121.000000
  • Fourth Bedroom: 15x9 Level: Below Grade
  • Fourth Bedroom Area: 135.000000
  • Fifth Bedroom: 11x11 Level: Below Grade
  • Fifth Bedroom Area: 121.000000
  • Above Grade Finished Sq Ft: 1676.00
  • ApplianceConvey: Cooktop, Dishwasher, Microwave, Refrigerator, Wall Oven
  • Has Attic: Access
  • Has Basement: Apartment, Exterior Entrance, Finished, Fireplace, Full, Garage, Heated, Interior Entrance
  • Flooring: Ceramic Tile, Wood
  • Year Built Exception: 0
  • Deck: 14x12 Level: Level 1 Above Grade
  • Family Room: 18x17 Level: Below Grade
  • Fireplace: 2 Fireplaces
  • Formal Dining: 12x10 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 2
  • Great Room: 17x14 Level: Level 1 Above Grade
  • Interior Amenities: Apartment, Ceiling Fan(s), Pantry
  • Dining Kitchen: 12x10 Level: Level 1 Above Grade
  • Laundry: Laundry Room, Main Level, Washer Connections
  • Laundry Room: 12x6 Level: Level 1 Above Grade
  • Living Room: 13x12 Level: Level 1 Above Grade
  • Master Bedroom: 14x12 Level: Level 1 Above Grade
  • Other Room 1: 11x6 Level: Below Grade
  • Other Room 2: 8x5 Level: Below Grade
  • Other Room 3: 32x24 Level:
  • Porch: 8x5 Level: Level 1 Above Grade
  • Additional Room 1 Description: Utility Room
  • Additional Room 2 Description: Galley/Kitchenette
  • Additional Room 3 Description: Pole Barn
  • Sun Room: 17x11 Level: Level 1 Above Grade
  • FamilyRoom Area: 306.000000
  • GreatRoom Area: 238.000000
  • Livinggreat Room Dim: 17.000 x 14.000
  • Kitchen Area: 120.000000
  • Laundry Room Area: 72.000000
  • LivingRoom Area: 156.000000
  • Est Other Room1 Dim: 11.000 x 6.000
  • Est Other Room2 Dim: 8.000 x 5.000
  • Est Other Room3 Dim: 32.000 x 24.000
  • Rec Room Dim: 0.000 x 0.000
  • Sun Room Area: 187.000000
  • Sunroom Dim: 17.000 x 11.000

Exterior Features

  • Lot Number: 7
  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: Paved Drive, Landscaped

Garage/Parking

  • CarportParking: 2 Car
  • Garage Spaces: In Basement
  • Garage Area: 644.000000
  • Garage Dim: 28.000 x 23.000
  • GarageLen: 28.000
  • GarageWid: 23.000

Utilities

  • Utility Electric: Southside Elec CoOp
  • Air Conditioner: Heat Pump
  • Sewer: Septic Tank
  • Hot Water: Well
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors
  • Subdivision Complex: Lick Run

Schools

  • School District: Bedford
  • Elementary School #2: New London Academy
  • School District: Bedford

Lot Info

  • Lot Sq Ft: 2516.00

Tax Info

  • Estimated Taxes: 1213

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2021
Closed on
Aug 19, 2021
Sold by
Searcy Stuart L
Bought by
Kendall Paul B and Kendall Courtney L
Seller's Agent
Tommy DeWitt
DeWitt Real Estate & Auctions
Buyer's Agent
Mike Levan
BHHS Dawson Ford Garbee
List Price
$329,900
Sold Price
$314,000
Premium/Discount to List
-$15,900
-4.82%
Total Days on Market
10
Current Estimated Value
$402,534

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,534
Avg. Annual Appreciation
6.67%
Original Mortgage
$314,000
Outstanding Balance
$289,118
Interest Rate
2.88%
Mortgage Type
VA
Estimated Equity
$110,879
Source: Public Records

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Range of Values:

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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
Kendall Paul B $314,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kendall Paul B $314,000
Previous Owner Searcy Stuart L $170,000
Previous Owner Dunn Michael K $432,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2021 08/30/21 Sold $314,000 -4.8% $125 / Sq Ft
07/16/2021 07/16/21 Pending -- -- --
07/06/2021 07/06/21 For Sale $329,900 +312.9% $131 / Sq Ft
11/06/2018 11/06/18 Sold $79,900 0.0% $0 / Sq Ft
10/22/2018 10/22/18 Pending -- -- --
07/11/2018 07/11/18 For Sale $79,900 -- $0 / 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 $1,328 $323,800 $92,300 $231,500
2023 $1,328 $161,900 $0 $0
2022 $1,213 $121,300 $0 $0
2021 $1,213 $242,600 $92,300 $150,300
2020 $1,213 $242,600 $92,300 $150,300
2019 $1,213 $242,600 $92,300 $150,300
2018 $1,178 $226,500 $82,300 $144,200
2017 $1,178 $226,500 $82,300 $144,200
2016 $1,178 $226,500 $82,300 $144,200
2015 $1,178 $226,500 $82,300 $144,200
2014 $1,206 $231,900 $82,300 $149,600
Source: Public Records

Agents Affiliated with this Home

  • Tommy DeWitt

    Seller's Agent in 2021

    Tommy DeWitt

    DeWitt Real Estate & Auctions

    (434) 941-1305

    111 Total Sales

    Section Image

  • M

    Buyer's Agent in 2021

    Mike Levan

    BHHS Dawson Ford Garbee

    (434) 942-8393

    144 Total Sales

    Mike Levan
    Section Image

  • s

    Seller's Agent in 2018

    scott Bonheim

    Alliance Realty Group

    38 Total Sales

    Section Image

  • F

    Buyer's Agent in 2018

    Florence Kilonzo

    John Stewart Walker, Inc

    (434) 851-7289

    62 Total Sales

    Florence Kilonzo
    Section Image
See All Agents

Map

Source: Lynchburg Association of REALTORS®

MLS Number: 332711

APN: 15207700

Virginia Bedford County Forest 24551

10553 E Lynchburg Salem Turnpike, Forest, VA

This home is located at 10553 E Lynchburg Salem Turnpike, Forest, VA 24551 since 06 July 2021 and is currently estimated at $402,534, approximately $159 per square foot. This property was built in 1976. 10553 E Lynchburg Salem Turnpike is a home located in Bedford County with nearby schools including New London Academy Elementary, Forest Middle School, and Jefferson Forest High School.

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