$79,900
SOLD NOV 6, 2018

10553 E Lynchburg Salem Turnpike Forest, VA 24551

4.24 Acres
$18,844 Price per Acre
184,694 Sq Ft Lot

Recently Sold

$0 Per Sq Ft

103 Days on Market

About This Lot

As of August 2021

Rare find in Forest, easy access to 460 and within minutes of everything. Located in an area of fine homes and properties. 4.24 acres between #10533 and #10623

Last Agent to Sell the Property

scott Bonheim

Alliance Realty Group License #0225041128 Listed on: 07/11/2018

Last Buyer's Agent

Florence Kilonzo

John Stewart Walker, Inc License #0225219160

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,328

Year Built

  • 1976

Lot Details

  • 4.24 Acre Lot

Schools

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

Property Details

Property Type

Land

Est. Annual Taxes

$1,328

Year Built

1976

Lot Details

0

Listing Details

  • Directions: East bound side of 460, across from Meade Rd. Business Park
  • Lot Measurement: Acres
  • Lot Sq Ft: 184694.00
  • Days On Market: No
  • Property Subtype1: Unimproved Land
  • Prop. Type: Land
  • Restrictions: Dblwides Not Allowed, Subdividing Restrict
  • OFFICELIST_STATE: VA
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built: 1976

Interior Features

  • Disability Access: Rd Frnt State Paved
  • Bathrooms Display: 0 (0 0)
  • Broker Approved: Yes
  • High School2: Jefferson Forest-HS
  • Legal Description: LICK RUN LT 6 4.24 Acres
  • Middle School2: Forest Midl
  • Reciprocal Listing: No

Exterior Features

  • Lot Number: 152 2 6

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors

Schools

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

Lot Info

  • Current Use: Vacant

Tax Info

  • Estimated Taxes: 38

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
103
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
6.65%
Original Mortgage
$314,000
Outstanding Balance
$289,118
Interest Rate
2.88%
Mortgage Type
VA
Estimated Equity
$110,879
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 Type Sale Price Title Company
Warranty Deed $314,000 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $314,000 VA
Previous Owner $170,000 New Conventional
Previous Owner $432,000 Unknown
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
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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 313040

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 and is currently priced at $79,900, approximately $0 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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