NOT LISTED FOR SALE

116 Dreaming Creek Dr Lynchburg, VA 24502

Estimated Value: $258,000 - $320,000

3 Beds
1.5 Baths
2,420 Sq Ft
$118/Sq Ft Est. Value

Last Sold September 14, 2020

Last sale price $190,000 $79 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $1,670/month

21 Days on Market

Highlights

  • Living Room with Fireplace
  • Wood Flooring
  • En-Suite Primary Bedroom
  • Ranch Style House
  • Formal Dining Room
  • Landscaped

About This Home

As of September 2020

This immaculate one-level home has been updated and is move-in ready! Beautiful hardwoods throughout main level living areas & bedrooms. Most of home is freshly painted. Kitchen & baths, heat pump, hot water tank were updated in 2013, new windows in 2014, new roof, trim, gutters in 2018, septic pumped in 2016, & new dishwasher in past year. Main level has large living room w/fireplace, spacious kitchen w/large laundry closet, lovely dining room, sunroom, 3 bedrooms, and 1 1/2 baths. Terrace level has den w/fireplace, office, & game room, and open space perfect for craft room or storage. Great location on cul-de-sac street close to Timberlake Road. Radon system was installed by previous owner. For your safety and protection, all showings must comply with COVID-19 disclosures, and masks are required. Please bring your own mask. COVID-19 Acknowledgement & Waiver forms are required to be signed prior to previewing the home. Your agent will provide this form for you.

Last Agent to Sell the Property

Wanda Ott

NextHome TwoFourFive License #0225183069 Listed on: 07/23/2020

NextHome TwoFourFive

Last Buyer's Agent

Doris Brammer

John Stewart Walker, Inc License #0225206078

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,554

Year Built

  • Built in 1960

Lot Details

  • 0.64 Acre Lot
  • Landscaped

Home Design

  • Ranch Style House
  • Shingle Roof

Interior Spaces

  • 2,420 Sq Ft Home
  • Ceiling Fan
  • Multiple Fireplaces
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Den with Fireplace
  • Attic Access Panel

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • Bathtub Includes Tile Surround

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Fireplace in Basement
  • Rough-In Basement Bathroom

Home Security

  • Storm Doors
  • Fire and Smoke Detector

Schools

  • Heritage Elementary School
  • Sandusky Midl Middle School
  • Heritage High School

Utilities

  • Heat Pump System
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

  • Dreaming Creek Subdivision

Listing and Financial Details

  • Assessor Parcel Number 254090924

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,554

Year Built

Built in 1960

Lot Details

0

Listing Details

  • FILLACRES: 0.6390
  • Directions: Timberlake Road to Dreaming Creek (across from Timberlake Road Kroger), Home is on Right.
  • ElementarySchool7: Heritage Elem
  • HighSchool7: Heritage High
  • Lot Measurement: Acres
  • Lot Sq Ft: 27835.00
  • MiddleSchool7: Sandusky Midl
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 254090924
  • Year Built: 1960
  • Heating System: Heat Pump
  • Building Stories: One
  • Dwelling Styles: Ranch
  • Officeden Len: 18.000
  • Officeden Wid: 13.000
  • Laundryroom Dim: 0.000 x 0.000
  • Living Room Dim: 18.000 x 13.000
  • Livingroom Len: 18.000
  • Livingroom Wid: 13.000
  • Masterbedroom Area: 143.000000
  • Master Bedroom Dim: 13.000 x 11.000
  • Masterbedroom Len: 13.000
  • Masterbedroom Wid: 11.000
  • Office Dim: 13.000 x 9.000
  • Sun Room Len: 14.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 2.00
  • Bathrooms Display: 2 (1 1)
  • Lower Floor 1 Bedrooms: 3
  • Broker Approved: Yes
  • Legal Description: Dreaming Creek Lot G
  • Reciprocal Listing: No
  • Second Bedroom: 12x11 Level: Level 1 Above Grade
  • Second Bedroom Area: 132.000000
  • Third Bedroom: 11x10 Level: Level 1 Above Grade
  • Third Bedroom Area: 110.000000
  • Above Grade Finished Sq Ft: 1280.00
  • ApplianceConvey: Dishwasher, Microwave, Range-Elec, Refrigerator, Self Cleaning Oven
  • Has Attic: Access
  • Has Basement: Exterior Entrance, Finished, Fireplace, Full, Heated, Interior Entrance, Roughed in Bath, Walkout
  • Flooring: Carpet, Ceramic Tile, Hardwood, Laminate
  • Year Built Exception: 0
  • Den: 18x13 Level: Below Grade
  • Family Room: 28x14 Level: Below Grade
  • Fireplace: 2 Fireplaces, Den, Living Room, Wood Burning
  • Formal Dining: 12x10 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 1
  • First Level Half Bathrooms: 1
  • Interior Amenities: Cable Available, Cable Connections, Ceiling Fan(s), Drywall, Main Level Bedroom, Master Bed w/ Bath, Separate Dining Room, Smoke Alarm, Tile Bath(s)
  • Dining Kitchen: 11x18 Level: Level 1 Above Grade
  • Laundry: Dryer Connection, Laundry Closet, Main Level, Washer Connections
  • Living Room: 18x13 Level: Level 1 Above Grade
  • Master Bedroom: 13x11 Level: Level 1 Above Grade
  • Office: 13x9 Level: Below Grade
  • Rec Room: 31x11 Level: Below Grade
  • Sun Room: 14x10 Level: Level 1 Above Grade
  • Den Area: 234.000000
  • FamilyRoom Area: 392.000000
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 198.000000
  • LivingRoom Area: 234.000000
  • Office Area: 117.000000
  • 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 Area: 341.000000
  • Rec Room Dim: 31.000 x 11.000
  • Sun Room Area: 140.000000
  • Sunroom Dim: 14.000 x 10.000

Exterior Features

  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: Landscaped, Storm Doors

Garage/Parking

  • Garage Dim: 0.000 x 0.000

Utilities

  • Utility Electric: AEP/Appalachian Powr
  • Air Conditioner: Heat Pump
  • Sewer: Septic Tank
  • Hot Water: City
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors
  • Subdivision Complex: Dreaming Creek

Schools

  • School District: Lynchburg
  • School District: Lynchburg

Lot Info

  • Lot Sq Ft: 2420.00
  • Zoning: R-1

Tax Info

  • Estimated Taxes: 1554

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2020
Closed on
Sep 14, 2020
Sold by
Twin Oaks Asset Management Corp Inc
Bought by
Horsley Benjamin E and Horsley Cheryl H
Seller's Agent
Wanda Ott
NextHome TwoFourFive
Buyer's Agent
Doris Brammer
John Stewart Walker, Inc
List Price
$189,900
Sold Price
$190,000
Premium/Discount to List
$100
0.05%
Current Estimated Value
$284,432

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,432
Avg. Annual Appreciation
7.42%
Original Mortgage
$152,000
Outstanding Balance
$136,181
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$135,832

Purchase Details

Listed on
Aug 29, 2012
Closed on
Nov 21, 2012
Sold by
Martin Thomas P and Martin Jennie C
Bought by
Twin Oaks Asset Management Corp Inc
Seller's Agent
Jeff Barker
RE/MAX 1st Olympic
Buyer's Agent
Wanda Ott
NextHome TwoFourFive
List Price
$96,900
Sold Price
$90,900
Premium/Discount to List
-$6,000
-6.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.90%

Purchase Details

Listed on
Aug 29, 2012
Closed on
Oct 10, 2012
Sold by
Pennymac Corp
Bought by
Martin Thomas P and Martin Jennie C
Seller's Agent
Jeff Barker
RE/MAX 1st Olympic
Buyer's Agent
Wanda Ott
NextHome TwoFourFive
List Price
$96,900
Sold Price
$90,900
Premium/Discount to List
-$6,000
-6.19%

Purchase Details

Closed on
Jul 12, 2012
Sold by
Citibank N A
Bought by
Pennymac Corp

Purchase Details

Closed on
Dec 28, 2011
Sold by
Booth Helen V
Bought by
Citibank N A and Cmlti Asset Trust
Source: Public Records

Range of Values:

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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
Horsley Benjamin E $190,000 Chicago Title
Twin Oaks Asset Management Corp Inc -- None Available
Martin Thomas P $90,900 Liberty Title & Escrow Compa
Pennymac Corp -- None Available
Citibank N A $164,055 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Horsley Benjamin E $152,000
Previous Owner Booth Helen $164,326
Previous Owner Booth Helen $131,250
Previous Owner Booth Helen $100,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2020 09/14/20 Sold $190,000 +0.1% $79 / Sq Ft
08/13/2020 08/13/20 Pending -- -- --
07/23/2020 07/23/20 For Sale $189,900 +108.9% $78 / Sq Ft
11/26/2012 11/26/12 Sold $90,900 -6.2% $38 / Sq Ft
11/26/2012 11/26/12 Pending -- -- --
08/29/2012 08/29/12 For Sale $96,900 -- $40 / 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 $1,849 $207,700 $35,000 $172,700
2023 $1,849 $207,700 $35,000 $172,700
2022 $1,799 $174,700 $30,000 $144,700
2021 $1,939 $174,700 $30,000 $144,700
2020 $1,580 $142,300 $27,000 $115,300
2019 $1,580 $142,300 $27,000 $115,300
2018 $1,554 $140,000 $27,000 $113,000
2017 $1,554 $140,000 $27,000 $113,000
2016 $1,554 $140,000 $27,000 $113,000
2015 $1,554 $140,000 $27,000 $113,000
2014 $1,554 $140,000 $27,000 $113,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 326210

APN: 254-09-024