NOT LISTED FOR SALE

116 Valleydale Dr Lynchburg, VA 24502

Estimated Value: $394,000 - $425,000

5 Beds
3 Baths
3,484 Sq Ft
$118/Sq Ft Est. Value

Last Sold September 03, 2021

Last sale price $307,500 $88 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $2,424/month

6 Days on Market

Highlights

  • Ranch Style House
  • Whirlpool Bathtub
  • Workshop
  • Wood Flooring
  • Great Room
  • Game Room

About This Home

As of September 2021

WOW!!!...5 total Bedrooms with Over 3400 square feet and 3 FULL Bathrooms! Updated Home with all new windows, new vinyl siding, new gutters, Master bedroom with Jacuzzi Tub, Refinished hardwood floors, architectural shingles, stainless steel appliances, new paint, updated kitchen cabinets and granite counter tops, new outside deck in 2017. HVAC installed in 2015. Mini split installed 2016. Large fenced back yard perfect for your children or pets with 30x20 storage shed. Downstairs is set up for an apartment with separate entrance and 2nd driveway. This Home has generated about $10,000 per year in Air BnB revenue (See Doc Box for booking records). All information is deemed correct, should be verified. Seller is a Licensed Agent in Virginia. 5 bedrooms home per City of Lynchburg Tax Records. 2 basement bedrooms Do Not have windows.

Last Agent to Sell the Property

Chris Stokes

Alliance Realty Group License #0225224124 Listed on: 07/29/2021

Last Buyer's Agent

Sheena Frost

eXp Realty LLC-Stafford License #0225233082

eXp Realty LLC-Stafford

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,003

Year Built

  • Built in 1973

Lot Details

  • 0.54 Acre Lot
  • Fenced Yard
  • Landscaped
  • Garden

Parking

  • Workshop in Garage

Home Design

  • Ranch Style House
  • Shingle Roof

Interior Spaces

  • 3,484 Sq Ft Home
  • Ceiling Fan
  • Great Room
  • Game Room
  • Workshop
  • Attic Access Panel

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl Plank

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Whirlpool Bathtub
  • Bathtub Includes Tile Surround

Laundry

  • Laundry Room
  • Washer Hookup

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Sump Pump
  • Fireplace in Basement
  • Apartment Living Space in Basement
  • Workshop
  • Laundry in Basement

Home Security

  • Storm Doors
  • Fire and Smoke Detector

Outdoor Features

  • Separate Outdoor Workshop
  • Shed

Schools

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

Utilities

  • Mini Split Air Conditioners
  • Heat Pump System
  • Mini Split Heat Pump
  • Electric Water Heater
  • Septic Tank
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 24306016

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,003

Year Built

Built in 1973

Lot Details

0

Listing Details

  • FILLACRES: 0.5350
  • BuildingOnProperty: Storage Building, Tractor Shed, Workshop
  • Directions: Old Graves Mill Rd. to Valleydale Dr >> Home on Right
  • ElementarySchool7: Sandusky Elem
  • HighSchool7: Heritage High
  • Internet Providers: Comcast/Xfinity
  • Lot Measurement: Acres
  • Lot Sq Ft: 23305.00
  • MiddleSchool7: Sandusky Midl
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 24306016
  • Year Built: 1973
  • FullBathBelowGrade: 1
  • Heating System: Heat Pump, Mini-Split
  • Building Stories: One
  • Dwelling Styles: Ranch
  • Officeden Len: 21.000
  • Officeden Wid: 17.000
  • Laundryroom Dim: 7.000 x 4.500
  • Laundryroom Len: 7.000
  • Living Room Dim: 15.000 x 12.500
  • Livingroom Len: 15.000
  • Livingroom Wid: 12.500
  • Masterbedroom Area: 127.500000
  • Master Bedroom Dim: 10.200 x 12.500
  • Masterbedroom Len: 10.200
  • Masterbedroom Wid: 12.500
  • Office Dim: 7.000 x 7.000
  • Other Room2 Area: 221.000000
  • Other Room2 Len: 13.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 3.00
  • Bathrooms Display: 3 (3 0)
  • Lower Floor 1 Bedrooms: 5
  • Broker Approved: Yes
  • Legal Description: VIRGINIA HILLS, BLK 1, LOT 9
  • Reciprocal Listing: No
  • Second Bedroom: 12x12 Level: Level 1 Above Grade
  • Second Bedroom Area: 144.000000
  • Third Bedroom: 9x12 Level: Level 1 Above Grade
  • Third Bedroom Area: 108.000000
  • Fourth Bedroom: 24x24 Level: Level 2 Above Grade
  • Fourth Bedroom Area: 576.000000
  • Fifth Bedroom: 13x10 Level: Level 2 Above Grade
  • Fifth Bedroom Area: 130.000000
  • Above Grade Finished Sq Ft: 2004.00
  • ApplianceConvey: Dishwasher, Microwave, Range-Elec, Refrigerator, Self Cleaning Oven
  • Has Attic: Access
  • Has Basement: Apartment, Exterior Entrance, Finished, Fireplace, Full, Game Room, Heated, Sump Pump, Walkout, Workshop
  • Flooring: Carpet, Hardwood, Tile, Vinyl Plank
  • Year Built Exception: 0
  • Deck: 29x19 Level: Level 1 Above Grade
  • Den: 21x17 Level: Level 2 Above Grade
  • Fireplace: 1 Fireplace
  • Formal Dining: 11x11.50 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 2
  • Interior Amenities: Apartment, Cable Connections, Ceiling Fan(s), Drywall, Great Room, High Speed Data Aval, Main Level Bedroom, Main Level Den, Master Bed w/ Bath, Pantry, Smoke Alarm, Tile Bath(s), Walk-In Closet(s), Whirlpool Tub, Workshop
  • Dining Kitchen: 14x12 Level: Level 1 Above Grade
  • Laundry: Basement, Laundry Room, Separate Laundry Rm., Washer Connections
  • Laundry Room: 7x4.50 Level: Level 2 Above Grade
  • Living Room: 15x12.50 Level: Level 1 Above Grade
  • Master Bedroom: 10.20x12.50 Level: Level 1 Above Grade
  • Office: 7x7 Level: Level 2 Above Grade
  • Other Room 2: 13x17 Level: Level 2 Above Grade
  • Porch: 6x6 Level: Level 1 Above Grade
  • Rec Room: 26x19 Level: Level 1 Above Grade
  • Additional Room 2 Description: Basement Sitting Rm
  • Den Area: 357.000000
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 168.000000
  • Laundry Room Area: 31.500000
  • LivingRoom Area: 187.500000
  • Office Area: 49.000000
  • Est Other Room1 Dim: 0.000 x 0.000
  • Est Other Room2 Dim: 13.000 x 17.000
  • Est Other Room3 Dim: 0.000 x 0.000
  • Rec Room Area: 494.000000
  • Rec Room Dim: 26.000 x 19.000
  • Sunroom Dim: 0.000 x 0.000

Exterior Features

  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: Fenced Yard, Garden Space, Landscaped, Storm Doors, Insulated Glass

Garage/Parking

  • Garage Spaces: Workshop, Other
  • Garage Dim: 0.000 x 0.000

Utilities

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

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors

Schools

  • School District: Lynchburg
  • School District: Lynchburg

Lot Info

  • Lot Sq Ft: 3484.00

Tax Info

  • Estimated Taxes: 2003

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2021
Closed on
Aug 17, 2021
Sold by
Stokes Christopher
Bought by
Ferguson Terry Glenn
Seller's Agent
Chris Stokes
Alliance Realty Group
Buyer's Agent
Sheena Frost
eXp Realty LLC-Stafford
List Price
$299,900
Sold Price
$307,500
Premium/Discount to List
$7,600
2.53%
Current Estimated Value
$409,701

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,201
Avg. Annual Appreciation
7.20%
Original Mortgage
$301,929
Outstanding Balance
$273,715
Interest Rate
2.7%
Mortgage Type
FHA
Estimated Equity
$135,986

Purchase Details

Listed on
Nov 15, 2014
Closed on
Jun 10, 2015
Sold by
Gates Jason Russell and Gates Anne Graham
Bought by
Karol Adam
Seller's Agent
Anne Ingelson
Keller Williams
Buyer's Agent
Skye Blu
Century 21 ALL-SERVICE
List Price
$160,000
Sold Price
$105,000
Premium/Discount to List
-$55,000
-34.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.69%

Purchase Details

Closed on
Sep 26, 2011
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Gates Jason Russell and Gates Graham

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,211
Interest Rate
4.15%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 7, 2011
Sold by
Taitt Nathan
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jan 11, 2007
Sold by
Harman David M
Bought by
Taitt Nathan D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,750
Interest Rate
7.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 24, 2006
Sold by
Owen Rose Marie Defibaugh
Bought by
Harman David M
Source: Public Records

Range of Values:

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Average Value
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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
Ferguson Terry Glenn $307,500 None Available
Karol Adam $105,000 Commonwealth Land Title Ins
Gates Jason Russell $110,000 Fidelity National Title Insu
Federal Home Loan Mortgage Corporation $177,184 None Available
Taitt Nathan D -- None Available
Harman David M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ferguson Terry Glenn $301,929
Previous Owner Gates Jason Russell $107,211
Previous Owner Taitt Nathan D $156,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/03/2021 09/03/21 Sold $307,500 +2.5% $88 / Sq Ft
08/04/2021 08/04/21 Pending -- -- --
07/29/2021 07/29/21 For Sale $299,900 +185.6% $86 / Sq Ft
05/29/2015 05/29/15 Sold $105,000 -34.4% $37 / Sq Ft View Prior Sale
05/18/2015 05/18/15 Pending -- -- --
11/15/2014 11/15/14 For Sale $160,000 -- $57 / 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
2025 $3,105 $369,600 $38,000 $331,600
2024 $2,990 $335,900 $38,000 $297,900
2023 $2,989 $335,900 $38,000 $297,900
2022 $2,460 $238,800 $30,000 $208,800
2021 $2,651 $238,800 $30,000 $208,800
2020 $2,059 $185,500 $30,000 $155,500
2019 $2,059 $185,500 $30,000 $155,500
2018 $2,004 $180,500 $25,000 $155,500
2017 $2,004 $180,500 $25,000 $155,500
2016 $2,004 $180,500 $25,000 $155,500
2015 $2,004 $180,500 $25,000 $155,500
2014 $2,004 $180,500 $25,000 $155,500
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2021

    Chris Stokes

    Alliance Realty Group

    (434) 213-6307

    52 Total Sales

    Chris Stokes
    Section Image

  • S

    Buyer's Agent in 2021

    Sheena Frost

    eXp Realty LLC-Stafford

    Section Image

  • A

    Seller's Agent in 2015

    Anne Ingelson

    Keller Williams

  • S

    Buyer's Agent in 2015

    Skye Blu

    Century 21 ALL-SERVICE

See All Agents

Map

Source: Lynchburg Association of REALTORS®

MLS Number: 333197

APN: 243-06-016

Virginia Lynchburg City County Lynchburg 24502

116 Valleydale Dr, Lynchburg, VA

This home is located at 116 Valleydale Dr, Lynchburg, VA 24502 since 29 July 2021 and is currently estimated at $409,701, approximately $117 per square foot. This property was built in 1973. 116 Valleydale Dr is a home located in Lynchburg City with nearby schools including Sandusky Elementary School, Sandusky Middle School, and Heritage High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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