NOT LISTED FOR SALE

1160 Fair Oaks Ln Lynchburg, VA 24503

Estimated Value: $552,000 - $624,000

4 Beds
2.5 Baths
3,528 Sq Ft
$162/Sq Ft Est. Value

Last Sold November 20, 2013

Last sale price $245,000 $69 Per Sq Ft

Est. 133% increase in value since last sale

Current estimated payment $3,144/month

188 Days on Market

Highlights

  • Wood Flooring
  • Formal Dining Room
  • Laundry Room
  • Forest Middle School Rated A-
  • Circular Driveway
  • Garden Bath

About This Home

As of November 2013

Be in the country in a private setting yet three miles from Boonsboro Rd! Large rooms and neutral dcor prevail in this well maintained two story. A new 30 year roof installed in 2012; one of two heat pumps is less than 1 year new. The large unfinished basement is perfect for a workshop or workout room.

Last Agent to Sell the Property

Stevie Savage

John Stewart Walker, Inc License #0225167756 Listed on: 05/14/2013

Last Buyer's Agent

John Hickman

Century 21 ALL-SERVICE License #0225195098

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,480

Year Built

  • Built in 1994

Lot Details

  • 1.54 Acre Lot
  • Property is zoned R1

Parking

  • Circular Driveway

Home Design

  • Shingle Roof

Interior Spaces

  • 3,528 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Formal Dining Room
  • Basement Fills Entire Space Under The House
  • Scuttle Attic Hole

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Laminate
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Garden Bath

Laundry

  • Laundry Room
  • Laundry on main level

Schools

  • Boonsboro Elementary School
  • Forest Midl Middle School
  • Jefferson Forest-Hs High School

Utilities

  • Zoned Heating and Cooling
  • Heat Pump System
  • Well
  • Electric Water Heater
  • Water Purifier
  • Septic Tank
  • Satellite Dish

Listing and Financial Details

  • Assessor Parcel Number 4609802

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,480

Year Built

Built in 1994

Lot Details

0

Listing Details

  • FILLACRES: 1.5400
  • Directions: Boonsboro Rd to Trents Ferry, go exactly 3 miles down Trents Ferry and take right onto Fair Oaks Lane.
  • Lot Measurement: Acres
  • Lot Sq Ft: 67082.00
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 4609802
  • Year Built: 1994
  • Heating System: Heat Pump, Two-Zone
  • Building Stories: Two
  • Dwelling Styles: Two Story
  • Foyer Area: 126.000000
  • Laundryroom Dim: 6.000 x 7.000
  • Laundryroom Len: 6.000
  • Living Room Dim: 15.000 x 13.000
  • Livingroom Len: 15.000
  • Livingroom Wid: 13.000
  • Masterbedroom Area: 338.000000
  • Master Bedroom Dim: 26.000 x 13.000
  • Masterbedroom Len: 26.000
  • Masterbedroom Wid: 13.000
  • Office Dim: 13.000 x 17.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 3.00
  • Bathrooms Display: 3 (2 1)
  • Lower Floor 1 Bedrooms: 4
  • Broker Approved: Yes
  • High School2: Jefferson Forest-HS
  • Legal Description: Woodland Drive Lot 5
  • Middle School2: Forest Midl
  • Reciprocal Listing: No
  • Second Bedroom: 15x13 Level: Level 2 Above Grade
  • Second Bedroom Area: 195.000000
  • Third Bedroom: 15x13 Level: Level 2 Above Grade
  • Third Bedroom Area: 195.000000
  • Fourth Bedroom: 17x13 Level: Level 2 Above Grade
  • Fourth Bedroom Area: 221.000000
  • Above Grade Finished Sq Ft: 3528.00
  • ApplianceConvey: Dishwasher, Microwave, Range-Elec, Refrigerator, Water Purifier
  • Has Attic: Scuttle
  • Has Basement: Full
  • Breakfast Area: 13x12 Level: Level 1 Above Grade
  • Flooring: Carpet, Ceramic Tile, Hardwood, Laminate, Vinyl
  • Year Built Exception: 0
  • Deck: 23x12 Level: Level 1 Above Grade
  • Family Room: 26x13 Level: Level 1 Above Grade
  • Formal Dining: 15x13 Level: Level 1 Above Grade
  • Foyer: 14x9 Level: Level 1 Above Grade
  • Level 2 Full Bathrooms: 2
  • Level 2 Half Bathroom: 1
  • Interior Amenities: Ceiling Fan(s), Garden Tub, Main Level Den, Pantry, Separate Dining Room
  • Dining Kitchen: 13x12 Level: Level 1 Above Grade
  • Laundry: Laundry Room, Main Level
  • Laundry Room: 6x7 Level: Level 1 Above Grade
  • Living Room: 15x13 Level: Level 1 Above Grade
  • Master Bedroom: 26x13 Level: Level 2 Above Grade
  • Office: 13x17 Level: Level 1 Above Grade
  • FamilyRoom Area: 338.000000
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 156.000000
  • Laundry Room Area: 42.000000
  • LivingRoom Area: 195.000000
  • Office Area: 221.000000
  • 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 Dim: 0.000 x 0.000
  • Sunroom Dim: 0.000 x 0.000

Exterior Features

  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: Circular Drive, Satellite Dish

Garage/Parking

  • Garage Dim: 0.000 x 0.000

Utilities

  • Air Conditioner: Heat Pump, Two-Zone
  • Sewer: Septic Tank
  • Hot Water: Well
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors

Schools

  • Elementary School #2: Boonsboro Elem
  • School District: Bedford

Lot Info

  • Lot Sq Ft: 3528.00
  • Zoning: R1

Tax Info

  • Estimated Taxes: 1480

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2013
Closed on
Nov 8, 2013
Sold by
Burley Jason B and Dalton Jennifer A
Bought by
Kolar George A and Kolar Kathleen L
Seller's Agent
Stevie Savage
John Stewart Walker, Inc
Buyer's Agent
John Hickman
Century 21 ALL-SERVICE
List Price
$259,900
Sold Price
$245,000
Premium/Discount to List
-$14,900
-5.73%
Current Estimated Value
$571,602

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$326,602
Avg. Annual Appreciation
7.35%

Purchase Details

Closed on
Jan 7, 2009
Sold by
Yentz Jeffrey T and Yentz Constance F
Bought by
Burley Jason B and Burley Jennifer A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,600
Interest Rate
5.51%
Mortgage Type
New Conventional
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
Kolar George A $295,000 Simpson Title
Burley Jason B $230,000 Southern Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Burley Jason B $234,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/20/2013 11/20/13 Sold $245,000 -5.7% $69 / Sq Ft
11/18/2013 11/18/13 Pending -- -- --
05/14/2013 05/14/13 For Sale $259,900 -- $74 / 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 $1,638 $399,600 $70,000 $329,600
2024 $1,638 $399,600 $70,000 $329,600
2023 $1,638 $199,800 $0 $0
2022 $1,487 $148,650 $0 $0
2021 $1,487 $297,300 $55,000 $242,300
2020 $1,487 $297,300 $55,000 $242,300
2019 $1,487 $297,300 $55,000 $242,300
2018 $1,512 $290,800 $40,000 $250,800
2017 $1,512 $290,800 $40,000 $250,800
2016 $1,512 $290,800 $40,000 $250,800
2015 $1,512 $290,800 $40,000 $250,800
2014 $1,539 $295,900 $40,000 $255,900
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2013

    Stevie Savage

    John Stewart Walker, Inc

    (434) 907-0888

    43 Total Sales

    Stevie Savage
    Section Image

  • J

    Buyer's Agent in 2013

    John Hickman

    Century 21 ALL-SERVICE

  • M

    Buyer Co-Listing Agent in 2013

    Melissa Murdock

    Century 21 ALL-SERVICE

    (434) 856-2134

    97 Total Sales

    Melissa Murdock
    Section Image
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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 278690

APN: 46-2-5

Virginia Bedford County Lynchburg 24503

1160 Fair Oaks Ln, Lynchburg, VA

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