NOT LISTED FOR SALE

1225 Lockewood Dr Lynchburg, VA 24502

Estimated Value: $425,000 - $510,000

3 Beds
2 Baths
1,850 Sq Ft
$246/Sq Ft Est. Value

Last Sold July 31, 2020

Last sale price $324,900 $176 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $2,750/month

18 Days on Market

Highlights

  • Great Room with Fireplace
  • Wood Flooring
  • Laundry Room
  • Ranch Style House
  • Walk-In Closet
  • 3-minute walk to Kids Cove

About This Home

As of July 2020

****SIMILAR TO PHOTO**** this home has a front load garage not a side load. Convenient to All things Lynchburg and located just off Timberlake Road sits this GORGEOUS, WELL CONSTRUCTED craftsman style home. 3 bedroom 2 bath all one level with a full unfinished basement for future expansion. Granite in Kitchens and baths! Fireplace, kitchen island and so much more! Buy now and choose your finishes! Call me, I can't wait to show you this home!

Last Agent to Sell the Property

Jenny Burge

Alliance Realty Group License #0225094851 Listed on: 04/30/2020

Last Buyer's Agent

Teresa Grant

Keller Williams License #0225087218

Keller Williams

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,411

Year Built

  • Built in 2020 | Under Construction

Lot Details

  • 1.04 Acre Lot
  • Property is zoned R1

Home Design

  • Ranch Style House
  • Poured Concrete
  • Shingle Roof

Interior Spaces

  • 1,850 Sq Ft Home
  • Ceiling Fan
  • Gas Log Fireplace
  • Great Room with Fireplace
  • Attic Access Panel

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile
  • Vinyl Plank

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

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

Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Rough-In Basement Bathroom

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Schools

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

Utilities

  • Heat Pump System
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 25312017

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,411

Year Built

Built in 2020 | Under Construction

Lot Details

0

Listing Details

  • FILLACRES: 1.0360
  • Directions: Timberlake Road to right onto Wood Road (beside Taco Bell) to 1st right onto Lockewood. 1st property on the left.
  • ElementarySchool7: Heritage Elem
  • HighSchool7: Heritage High
  • Lot Measurement: Acres
  • Lot Sq Ft: 45128.00
  • MiddleSchool7: Sandusky Midl
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 25312017
  • Year Built: 2020
  • Heating System: Heat Pump
  • Building Stories: One
  • Dwelling Styles: Ranch
  • Estimated Completion: 2020-08-31
  • Laundryroom Dim: 0.000 x 0.000
  • Living Room Dim: 0.000 x 0.000
  • Masterbedroom Area: 225.000000
  • Master Bedroom Dim: 15.000 x 15.000
  • Masterbedroom Len: 15.000
  • Masterbedroom Wid: 15.000
  • Office Dim: 0.000 x 0.000
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 2.00
  • Bathrooms Display: 2 (2 0)
  • Lower Floor 1 Bedrooms: 3
  • Broker Approved: Yes
  • Legal Description: Wood Road Revised Lot 2
  • Reciprocal Listing: No
  • Above Grade Finished Sq Ft: 1850.00
  • ApplianceConvey: Dishwasher, Microwave, Range-Elec
  • Has Attic: Access
  • Has Basement: Exterior Entrance, Full, Interior Entrance, Poured Concrete, Roughed in Bath
  • Flooring: Ceramic Tile, Hardwood, Vinyl Plank
  • Year Built Exception: 0
  • Fireplace: Gas Log, Great Room
  • Level 1 Full Bathrooms: 2
  • Interior Amenities: Cable Available, Cable Connections, Ceiling Fan(s), Drywall, Great Room, High Speed Data Aval, Master Bed w/ Bath, Pantry, Walk-In Closet(s)
  • Laundry: Dryer Connection, Main Level, Separate Laundry Rm., Washer Connections
  • Master Bedroom: 15x15 Level: Level 1 Above Grade
  • Livinggreat Room Dim: 0.000 x 0.000
  • 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: 2
  • Roof: Shingle
  • New Construction: Under Construction
  • Exterior Features: Concrete Drive

Garage/Parking

  • Attached Garage: 2 Car
  • Garage Spaces: Garage Door Opener
  • Garage Dim: 0.000 x 0.000

Utilities

  • Utility Electric: AEP/Appalachian Powr
  • Air Conditioner: Heat Pump
  • Sewer: City
  • 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: 1850.00
  • Zoning: R1

Tax Info

  • Estimated Taxes: 3411

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2020
Closed on
Jul 31, 2020
Sold by
Hudson Builders Inc
Bought by
Flowers Marty James and Flowers Heather Anne
Seller's Agent
Jenny Burge
Alliance Realty Group
Buyer's Agent
Teresa Grant
Keller Williams
List Price
$324,900
Sold Price
$324,900
Current Estimated Value
$455,979

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,079
Avg. Annual Appreciation
5.42%
Original Mortgage
$319,014
Outstanding Balance
$286,635
Interest Rate
3.1%
Mortgage Type
FHA
Estimated Equity
$137,773

Purchase Details

Closed on
Apr 16, 2019
Sold by
Jamerson Real Estate Inc
Bought by
Hudson Builders Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
3.5%
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
Flowers Marty James $324,900 Pike Title
Hudson Builders Inc $40,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flowers Marty James $319,014
Previous Owner Hudson Builders Inc $260,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2020 07/31/20 Sold $324,900 0.0% $176 / Sq Ft
05/18/2020 05/18/20 Pending -- -- --
04/30/2020 04/30/20 For Sale $324,900 -- $176 / 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 $3,184 $357,800 $42,000 $315,800
2023 $3,184 $357,800 $42,000 $315,800
2022 $3,380 $328,200 $42,000 $286,200
2021 $3,643 $328,200 $42,000 $286,200
2020 $3,231 $42,000 $42,000 $0
2019 $466 $42,000 $42,000 $0
2018 $416 $37,500 $37,500 $0
2017 $416 $37,500 $37,500 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    Jenny Burge

    Alliance Realty Group

    (434) 660-0711

    114 Total Sales

    Jenny Burge
    Section Image
  • Teresa Grant

    Buyer's Agent in 2020

    Teresa Grant

    Keller Williams

    (434) 546-3202

    289 Total Sales

    Teresa Grant
    Section Image
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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 324675

APN: 253-12-017

Virginia Lynchburg City County Lynchburg 24502

1225 Lockewood Dr, Lynchburg, VA

This home is located at 1225 Lockewood Dr, Lynchburg, VA 24502 since 30 April 2020 and is currently estimated at $455,979, approximately $246 per square foot. This property was built in 2020. 1225 Lockewood Dr 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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