NOT LISTED FOR SALE

1201 Wood Rd Lynchburg, VA 24502

Estimated Value: $155,000 - $349,000

2 Beds
1 Bath
733 Sq Ft
$307/Sq Ft Est. Value

Last Sold September 17, 2015

Last sale price $58,900 $80 Per Sq Ft

Est. 282% increase in value since last sale

Current estimated payment $1,309/month

157 Days on Market

Highlights

  • Ranch Style House
  • Storm Windows
  • Laundry Room
  • Wood Flooring
  • Paneling
  • 3-minute walk to Kids Cove

About This Home

As of September 2015

This home is in great location - close to shopping & schools, on lovely 1/3 acre mature treed level lot - perfect for gardens - nicely landscaped - rear patio area with brick barbecue - eat-in kitchen, cozy living room - most windows replaced - full bath with ceramic surround - original wood floor under carpet in LR, BRs and hallway -The stove, refrigerator, washer, dryer and master bedroom bed will be staying with the home- vinyl sided exterior.

Last Agent to Sell the Property

Robert Dawson

BHHS Dawson Ford Garbee License #0225036912 Listed on: 03/06/2015

BHHS Dawson Ford Garbee

Last Buyer's Agent

Cole Rice

Lauren Bell Real Estate, Inc. License #0225211000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $872

Year Built

  • Built in 1960

Lot Details

  • 0.34 Acre Lot
  • Landscaped
  • Garden
  • Property is zoned R-3

Home Design

  • Ranch Style House
  • Shingle Roof
  • Plaster

Interior Spaces

  • 733 Sq Ft Home
  • Paneling
  • Ceiling Fan
  • Crawl Space

Flooring

  • Wood
  • Wood Under Carpet
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub Includes Tile Surround

Laundry

  • Laundry Room
  • Laundry on main level
  • Washer and Dryer Hookup

Attic

  • Storage In Attic
  • Attic Access Panel
  • Pull Down Stairs to Attic

Home Security

  • Storm Windows
  • Storm Doors

Outdoor Features

  • Outdoor Storage

Schools

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

Utilities

  • Window Unit Cooling System
  • Electric Baseboard Heater
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Lockewood Subdivision

Listing and Financial Details

  • Assessor Parcel Number 25311006

Home Details

Home Type

Single Family

Est. Annual Taxes

$872

Year Built

Built in 1960

Lot Details

0

Listing Details

  • FILLACRES: 0.3390
  • BuildingOnProperty: Storage Building
  • Directions: Timberlake Road to Wood Road by Taco Bell to home on left with sign
  • ElementarySchool7: Heritage Elem
  • HighSchool7: Heritage High
  • Lot Measurement: Acres
  • Lot Sq Ft: 14767.00
  • MiddleSchool7: Sandusky Midl
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 25311006
  • Year Built: 1960
  • Heating System: Electric Baseboard
  • Building Stories: One
  • Dwelling Styles: Ranch
  • Laundryroom Dim: 11.000 x 5.000
  • Laundryroom Len: 11.000
  • Living Room Dim: 14.000 x 11.000
  • Livingroom Len: 14.000
  • Livingroom Wid: 11.000
  • Masterbedroom Area: 132.000000
  • Master Bedroom Dim: 12.000 x 11.000
  • Masterbedroom Len: 12.000
  • Masterbedroom Wid: 11.000
  • Office Dim: 0.000 x 0.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 1.00
  • Bathrooms Display: 1 (1 0)
  • Lower Floor 1 Bedrooms: 2
  • Broker Approved: Yes
  • Legal Description: Lot A Lockewood
  • Reciprocal Listing: No
  • Second Bedroom: 12x8 Level: Level 1 Above Grade
  • Second Bedroom Area: 96.000000
  • Above Grade Finished Sq Ft: 733.00
  • ApplianceConvey: Other
  • Has Attic: Access, Pull Down, Storage Only
  • Has Basement: Crawl Space
  • Flooring: Carpet, Carpet Over Hardwood, Hardwood, Vinyl
  • Year Built Exception: 0
  • Level 1 Full Bathrooms: 1
  • Interior Amenities: Cable Available, Ceiling Fan(s), Tile Bath(s), Drywall, Main Level Bedroom, Paneling, Plaster
  • Dining Kitchen: 13x12 Level: Level 1 Above Grade
  • Laundry: Dryer Connection, Laundry Room, Main Level, Separate Laundry Rm., Washer Connections
  • Laundry Room: 11x5 Level: Level 1 Above Grade
  • Living Room: 14x11 Level: Level 1 Above Grade
  • Master Bedroom: 12x11 Level: Level 1 Above Grade
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 156.000000
  • Laundry Room Area: 55.000000
  • LivingRoom Area: 154.000000
  • 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 A
  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: Garden Space, Landscaped, Storm Windows, Storm Doors, Insulated Glass

Garage/Parking

  • Garage Dim: 0.000 x 0.000

Utilities

  • Air Conditioner: Window Unit(s)
  • Sewer: City
  • Hot Water: City
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors
  • Subdivision Complex: Lockewood

Schools

  • School District: Lynchburg
  • School District: Lynchburg

Lot Info

  • Lot Sq Ft: 733.00
  • Zoning: R-3

Tax Info

  • Estimated Taxes: 872

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2015
Closed on
Aug 26, 2015
Sold by
Burns Lucy
Bought by
Johnson Mckinley
Seller's Agent
Robert Dawson
BHHS Dawson Ford Garbee
Buyer's Agent
Cole Rice
Lauren Bell Real Estate, Inc.
List Price
$84,900
Sold Price
$58,900
Premium/Discount to List
-$26,000
-30.62%
Current Estimated Value
$225,274

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$166,374
Avg. Annual Appreciation
14.45%
Original Mortgage
$61,789
Outstanding Balance
$48,828
Interest Rate
4.01%
Mortgage Type
FHA
Estimated Equity
$176,446
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
Johnson Mckinley $692,930 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Mckinley $25,000
Open Johnson Mckinley $61,789
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2015 09/17/15 Sold $58,900 -30.6% $80 / Sq Ft
08/10/2015 08/10/15 Pending -- -- --
03/06/2015 03/06/15 For Sale $84,900 -- $116 / 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 $971 $109,100 $36,000 $73,100
2023 $971 $109,100 $36,000 $73,100
2022 $756 $73,400 $30,000 $43,400
2021 $815 $73,400 $30,000 $43,400
2020 $717 $64,600 $30,000 $34,600
2019 $717 $64,600 $30,000 $34,600
2018 $669 $61,600 $27,000 $34,600
2017 $684 $61,600 $27,000 $34,600
2016 $654 $58,900 $25,000 $33,900
2015 $490 $78,500 $25,000 $53,500
2014 -- $78,500 $25,000 $53,500
Source: Public Records

Agents Affiliated with this Home

  • Robert Dawson

    Seller's Agent in 2015

    Robert Dawson

    BHHS Dawson Ford Garbee

    (434) 841-0890

    304 Total Sales

    Robert Dawson
    Section Image

  • C

    Buyer's Agent in 2015

    Cole Rice

    Lauren Bell Real Estate, Inc.

    (434) 941-7959

    68 Total Sales

    Cole Rice
    Section Image
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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 290340

APN: 253-11-006

Virginia Lynchburg City County Lynchburg 24502

1201 Wood Rd, Lynchburg, VA

This home is located at 1201 Wood Rd, Lynchburg, VA 24502 since 06 March 2015 and is currently estimated at $225,274, approximately $307 per square foot. This property was built in 1960. 1201 Wood Rd is a home located in Lynchburg City with nearby schools including Heritage Elementary School, Sandusky Middle School, and Heritage High School.

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