NOT LISTED FOR SALE

Estimated Value: $803,000 - $987,000

2.93 Acres
$304,909 Price per Acre
127,457 Sq Ft Lot

Last Sold July 14, 2021

Last sale price $75,000 $1 Per Sq Ft

Est. 1,090% increase in value since last sale

Current estimated payment $5,373/month

257 Days on Market

About This Lot

As of July 2021

This beautiful, undeveloped, mostly wooded lot of almost 3 acres in the sought after and established Waterton subdivision is waiting for your building plans. One of the few remaining lots in the Lynchburg City/ Boonsboro Area, its open, grassy front yard beckons you over, before ambling through the wooded backyard and into the forest. With trails leading you down to the creek, this property is the perfect place to build your home in the city that feels like your home in the country. Bird watch from your bedroom window, walk through a forest or send your kids out to explore nature without leaving your property. Four corner survey completed in 2019. This lot won't last long.

Last Agent to Sell the Property

Chantal Okeeffe

Flint Property Group License #0225219884 Listed on: 09/09/2020

Last Buyer's Agent

Kensie Johnson

John Stewart Walker, Inc License #0225046787

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $805

Lot Details

  • 2.93

Schools

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

Additional Features

  • 2.93 Acre Lot
  • Underground Utilities

Listing and Financial Details

  • Assessor Parcel Number 20907011

Property Details

Property Type

Land

Est. Annual Taxes

$805

Lot Details

0

Listing Details

  • FILLACRES: 2.9260
  • BuildingOnProperty: None
  • Directions: Boonsboro Road turn L on to Waterton Drive, lot is on the right.
  • ElementarySchool7: Bedford Hills Elem
  • HighSchool7: E. C. Glass High
  • Internet Providers: Comcast/Xfinity, Verizon
  • Lot Measurement: Acres
  • Lot Sq Ft: 127457.00
  • MiddleSchool7: Linkhorne Midl
  • Days On Market: No
  • Property Subtype1: Unimproved Land
  • Prop. Type: Land
  • Restrictions: Dblwides Not Allowed, Mobiles Not Allowed, Modulars Not Allowed, No Livestock Allowed
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 20907011
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Disability Access: Rd Frnt State Paved
  • Accessible Transportation: City Maintained
  • Bathrooms Display: 0 (0 0)
  • Broker Approved: Yes
  • Legal Description: LOT 50 SECTION III WATERTON
  • Reciprocal Listing: No

Utilities

  • Utilities: Sewer System Avail, Underground Electric
  • Utility Electric: American Electric

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors

Schools

  • School District: Lynchburg
  • School District: Lynchburg

Lot Info

  • Best Use: Dvlp to Residential
  • Current Use: Residential, Unimproved
  • Zoning: R-1

Tax Info

  • Estimated Taxes: 805

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2020
Closed on
Jul 9, 2021
Sold by
Quirein John and Quirein Marie
Bought by
Alappat Reenu Jose and Maliakal Thomas Joseph
Seller's Agent
Chantal Okeeffe
Flint Property Group
Buyer's Agent
Kensie Johnson
John Stewart Walker, Inc
List Price
$84,000
Sold Price
$75,000
Premium/Discount to List
-$9,000
-10.71%
Current Estimated Value
$892,164

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$817,164
Avg. Annual Appreciation
80.35%
Original Mortgage
$60,000
Interest Rate
2.93%
Mortgage Type
New Conventional
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
Alappat Reenu Jose $75,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maliakal Thomas Joseph $1,407,584
Closed Alappat Reenu Jose $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2021 07/14/21 Sold $75,000 -10.7% $1 / Sq Ft
05/24/2021 05/24/21 Pending -- -- --
09/09/2020 09/09/20 For Sale $84,000 -- $1 / 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 $6,140 $689,900 $79,300 $610,600
2023 $176 $79,300 $79,300 $0
2022 $747 $72,500 $72,500 $0
2021 $805 $72,500 $72,500 $0
2020 $805 $72,500 $72,500 $0
2019 $805 $72,500 $72,500 $0
2018 $201 $72,500 $72,500 $0
2017 $805 $72,500 $72,500 $0
2016 $805 $72,500 $72,500 $0
2015 $201 $72,500 $72,500 $0
2014 $402 $72,500 $72,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 327176

APN: 209-07-011