NOT LISTED FOR SALE

1173 Rainbow Forest Dr Lynchburg, VA 24502

Estimated Value: $314,000 - $360,000

3 Beds
2.5 Baths
2,736 Sq Ft
$122/Sq Ft Est. Value

Last Sold May 20, 2021

Last sale price $260,000 $95 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $1,873/month

1 Day on Market

Highlights

  • Multiple Fireplaces
  • Wood Flooring
  • En-Suite Primary Bedroom
  • Ranch Style House
  • Formal Dining Room
  • Garden

About This Home

As of May 2021

Neat as a pin brick one level near the Brookville schools and Wyndhurst. Main level offers den, deck, kitchen with newer appliances and dining room. Three bedrooms, two baths and living room with fireplace. On the lower level you'll love the huge fireplace, half bath and tons of storage area. All the work's been done for you to just move in!

Last Agent to Sell the Property

Billy Flint

Flint Property Group License #0225058594 Listed on: 03/25/2021

Co-Listed By

Amy Scott

John Stewart Walker, Inc License #0225087698

Last Buyer's Agent

Jeremy Pickrel

eXp Realty-Damon Gettier and A License #0225250356

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $928

Year Built

  • Built in 1972

Lot Details

  • 21,998 Sq Ft Lot
  • Landscaped
  • Garden

Home Design

  • Ranch Style House
  • Shingle Roof

Interior Spaces

  • 2,736 Sq Ft Home
  • Ceiling Fan
  • Multiple Fireplaces
  • Gas Log Fireplace
  • Formal Dining Room
  • Scuttle Attic Hole

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Laminate
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Dryer
  • Washer

Finished Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Sump Pump
  • Fireplace in Basement
  • Laundry in Basement

Home Security

  • Storm Doors
  • Fire and Smoke Detector

Outdoor Features

  • Outdoor Storage

Schools

  • Tomahawk Elementary School
  • Brookville Midl Middle School
  • Brookville High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 000740200

Home Details

Home Type

Single Family

Est. Annual Taxes

$928

Year Built

Built in 1972

Lot Details

0.51 Acres

Listing Details

  • FILLACRES: 0.5050
  • BuildingOnProperty: Storage Building
  • Directions: Laxton Road to Rainbow Forest Drive
  • ElementarySchool4: Tomahawk Elem
  • HighSchool4: Brookville High
  • Internet Providers: Shentel
  • Lot Measurement: Acres
  • Lot Sq Ft: 21998.00
  • MiddleSchool4: Brookville Midl
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 000740200
  • Year Built: 1972
  • HalfBathBelowGrade: 1
  • Heating System: Heat Pump
  • Building Stories: One
  • Dwelling Styles: Ranch
  • Officeden Len: 12.000
  • Officeden Wid: 26.000
  • Foyer Area: 48.000000
  • Laundryroom Dim: 0.000 x 0.000
  • Living Room Dim: 12.000 x 13.000
  • Livingroom Len: 12.000
  • Livingroom Wid: 13.000
  • Masterbedroom Area: 154.700000
  • Master Bedroom Dim: 11.900 x 13.000
  • Masterbedroom Len: 11.900
  • Masterbedroom Wid: 13.000
  • Office Dim: 0.000 x 0.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 3.00
  • Bathrooms Display: 3 (2 1)
  • Lower Floor 1 Bedrooms: 3
  • Broker Approved: Yes
  • Legal Description: LOT 11, BLK 7, SEC 1, RAINBOW FOREST
  • Reciprocal Listing: No
  • Second Bedroom: 13x9.90 Level: Level 1 Above Grade
  • Second Bedroom Area: 128.700000
  • Third Bedroom: 10x11.40 Level: Level 1 Above Grade
  • Third Bedroom Area: 114.000000
  • Above Grade Finished Sq Ft: 1943.00
  • ApplianceConvey: Dishwasher, Dryer, Microwave, Range-Elec, Refrigerator, Washer
  • Has Attic: Scuttle
  • Has Basement: Exterior Entrance, Finished, Fireplace, Full, Heated, Interior Entrance, Sump Pump
  • Flooring: Ceramic Tile, Hardwood, Laminate, Vinyl
  • Year Built Exception: 0
  • Deck: 23x10 Level: Level 1 Above Grade
  • Den: 12x26 Level: Level 1 Above Grade
  • Family Room: 24.30x26 Level: Below Grade
  • Fireplace: 2 Fireplaces, Gas Log
  • Formal Dining: 13x11 Level: Level 1 Above Grade
  • Foyer: 10x4.80 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 2
  • Interior Amenities: Cable Available, Cable Connections, Ceiling Fan(s), Main Level Bedroom, Main Level Den, Master Bed w/ Bath, Separate Dining Room, Smoke Alarm
  • Dining Kitchen: 13x12 Level: Level 1 Above Grade
  • Laundry: Basement
  • Living Room: 12x13 Level: Level 1 Above Grade
  • Master Bedroom: 11.90x13 Level: Level 1 Above Grade
  • Den Area: 312.000000
  • FamilyRoom Area: 631.800000
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 156.000000
  • LivingRoom Area: 156.000000
  • 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

  • Lot Number: Lot 11
  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: Paved Drive, Garden Space, Landscaped, Storm Doors, Insulated Glass

Garage/Parking

  • Garage Dim: 0.000 x 0.000

Utilities

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

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors

Schools

  • School District: Campbell

Lot Info

  • Lot Sq Ft: 2736.00
  • Zoning: R-1

Tax Info

  • Estimated Taxes: 928

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2021
Closed on
May 18, 2021
Sold by
Michalides Robert Francis and Michalides Jamie Anne
Bought by
Novecio Al
Seller's Agent
Billy Flint
Flint Property Group
Buyer's Agent
Jeremy Pickrel
eXp Realty-Damon Gettier and A
List Price
$229,500
Sold Price
$260,000
Premium/Discount to List
$30,500
13.29%
Current Estimated Value
$334,883

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,883
Avg. Annual Appreciation
5.35%
Original Mortgage
$208,000
Outstanding Balance
$188,500
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$146,383

Purchase Details

Listed on
Mar 15, 2016
Closed on
Sep 21, 2016
Sold by
Frye Norma Jean
Bought by
Michalides Robert Francis and Michalides Jamie Anne
Seller's Agent
Lynn Shapiro
Mark A. Dalton & Co., Inc.
Buyer's Agent
Schyler Higgins
Cornerstone Realty Group Inc.
List Price
$199,900
Sold Price
$168,000
Premium/Discount to List
-$31,900
-15.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.87%
Original Mortgage
$148,000
Interest Rate
3.43%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Novecio Al $260,000 New Title Company Name
Michalides Robert Francis $168,000 Mountain View Stlmnt Svcs
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Novecio Al $208,000
Previous Owner Michalides Robert Francis $148,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/20/2021 05/20/21 Sold $260,000 +13.3% $95 / Sq Ft
03/26/2021 03/26/21 Pending -- -- --
03/25/2021 03/25/21 For Sale $229,500 +36.6% $84 / Sq Ft
09/29/2016 09/29/16 Sold $168,000 -16.0% $63 / Sq Ft View Prior Sale
08/22/2016 08/22/16 Pending -- -- --
03/15/2016 03/15/16 For Sale $199,900 -- $74 / Sq Ft
Source: Lynchburg Association of REALTORS®

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 $1,010 $224,500 $45,000 $179,500
2024 $1,010 $224,500 $45,000 $179,500
2023 $1,010 $224,500 $45,000 $179,500
2022 $928 $178,400 $24,000 $154,400
2021 $928 $178,400 $24,000 $154,400
2020 $928 $178,400 $24,000 $154,400
2019 $928 $178,400 $24,000 $154,400
2018 $991 $190,500 $24,000 $166,500
2017 $991 $190,500 $24,000 $166,500
2016 $991 $190,500 $24,000 $166,500
2015 -- $190,500 $24,000 $166,500
2014 -- $181,800 $22,000 $159,800
Source: Public Records

Agents Affiliated with this Home

  • Billy Flint

    Seller's Agent in 2021

    Billy Flint

    Flint Property Group

    (434) 258-3000

    1 in this area

    81 Total Sales

    Billy Flint
    Section Image

  • A

    Seller Co-Listing Agent in 2021

    Amy Scott

    John Stewart Walker, Inc

    (434) 426-3307

    1 in this area

    111 Total Sales

    Amy Scott
    Section Image

  • J

    Buyer's Agent in 2021

    Jeremy Pickrel

    eXp Realty-Damon Gettier and A

  • L

    Seller's Agent in 2016

    Lynn Shapiro

    Mark A. Dalton & Co., Inc.

    Section Image
  • Schyler Higgins

    Buyer's Agent in 2016

    Schyler Higgins

    Cornerstone Realty Group Inc.

    (434) 485-9527

    15 in this area

    433 Total Sales

    Schyler Higgins
    Section Image
See All Agents

Map

Source: Lynchburg Association of REALTORS®

MLS Number: 330451

APN: 011A-06007-011-0

Virginia Campbell County Lynchburg 24502

1173 Rainbow Forest Dr, Lynchburg, VA

Not Listed for Sale

Detached

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.

IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed to be reliable but not guaranteed.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.