NOT LISTED FOR SALE

123 Acres Ct Lynchburg, VA 24502

Estimated Value: $290,000 - $327,000

4 Beds
2 Baths
2,097 Sq Ft
$149/Sq Ft Est. Value

Last Sold July 12, 2024

Last sale price $284,000 $135 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $1,876/month

36 Days on Market

Highlights

  • Fenced Yard
  • Laundry Room
  • Outdoor Storage
  • Skylights
  • Tile Flooring
  • Landscaped

About This Home

As of July 2024

Lovely ranch home in a great neighborhood! Conveniently located close to Timberlake Rd, close to shopping and dining. This home features a finished basement, vaulted ceilings & skylights, a newer heat pump that was replaced in 2020, and a large master bedroom with a private bath. Nice backyard area, with a patio and large deck, perfect for entertaining, plus this home comes with a storage shed. This home is priced to sell and won't last long! Call today to schedule your showing.

Last Agent to Sell the Property

Charlie Watts

Watts Auction Realty Appra Inc License #0225086405 Listed on: 05/06/2024

Last Buyer's Agent

Caroline Crowder

eXp Realty LLC-Lynchburg License #0225242212

eXp Realty LLC-Lynchburg

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,081

Year Built

  • Built in 1989

Lot Details

  • 0.29 Acre Lot
  • Fenced Yard
  • Landscaped
  • Property is zoned R-2C

Home Design

  • Shingle Roof

Interior Spaces

  • 2 Full Bathrooms
  • 2,097 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Skylights
  • Living Room with Fireplace
  • Scuttle Attic Hole
  • Laundry Room

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Tile
  • Vinyl Plank

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Laundry in Basement

Outdoor Features

  • Outdoor Storage

Schools

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

Utilities

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

Community Details

  • Cedar Ridge Subdivision
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 25208033

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,081

Year Built

Built in 1989

Lot Details

0

Listing Details

  • BuildingOnProperty: Storage Building
  • Directions: From Timberlake Dr, turn onto Laxton Rd, turn right to stay on Laxton Rd. Turn right onto Acres Ct, then turn left. House is on the right.
  • Internet Providers: Comcast/Xfinity, Shentel
  • Days On Market: No
  • Prop. Type: Residential
  • Year Built: 1989
  • Garage Yn: No
  • Property Sub-Type: Single Family Residence
  • Subdivision Name: Cedar Ridge
  • Above Grade Finished Sq Ft: 1097.00
  • Architectural Style: Ranch
  • Laundryroom Dim: 13.000 x 4.000
  • Office Dim: 0.000 x 0.000
  • Laundryroom Len: 13.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 2.00
  • Bathrooms Display: 2 (2 0)
  • Broker Approved: Yes
  • Reciprocal Listing: No
  • Has Attic: Scuttle
  • Has Basement: Exterior Entrance, Finished, Full, Interior Entrance, Walkout
  • Flooring: Carpet, Laminate, Tile, Vinyl Plank
  • Deck: 16x10 Level: Level 1 Above Grade
  • Den: 25x17 Level: Below Grade
  • Level 1 Full Bathrooms: 2
  • Interior Amenities: Cable Available, Cable Connections, Ceiling Fan(s), Drywall, High Speed Data Aval, Main Level Bedroom, Main Level Den, Primary Bed w/Bath, Skylights
  • Dining Kitchen: 15x12 Level: Level 1 Above Grade
  • Laundry: Basement, Laundry Room
  • Laundry Room: 13x4 Level: Below Grade
  • Living Room: 19x14 Level: Level 1 Above Grade
  • Master Bedroom: 13x12 Level: Level 1 Above Grade
  • Porch: 25x5 Level: Level 1 Above Grade
  • Appliances: Dishwasher, Microwave, Range-Elec, Refrigerator
  • Fireplace: 1 Fireplace, Living Room
  • Stories: One
  • Third Bedroom: 11x10 Level: Level 1 Above Grade
  • Fourth Bedroom: 11x10 Level: Below Grade
  • Second Bedroom: 12x10 Level: Level 1 Above Grade
  • Room Bedroom3 Area: 110.000000
  • Room Master Bedroom Area: 156.000000
  • Den Area: 425.000000
  • Room Bedroom4 Area: 110.000000
  • Room Kitchen Area: 180.000000
  • Room Living Room Area: 266.000000
  • Room Bedroom2 Area: 120.000000
  • MasterBedroomDimensions Dim: 13.000 x 12.000
  • Kitchen Dim: 15.000 x 12.000
  • Sunroom Dim: 0.000 x 0.000
  • Master Bedroom Master Bedroom Width: 12.000

Exterior Features

  • Lot Number: 33
  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: Paved Drive, Fenced Yard, Landscaped
  • Patio: 39x14 Level: Below Grade

Garage/Parking

  • Garage Dim: 0.000 x 0.000

Utilities

  • Utility Electric: AEP/Appalachian Powr
  • Cooling: Heat Pump
  • Sewer: City
  • Water Heater: Electric
  • Heating: Heat Pump
  • Water Source: City

Schools

  • Elementary School: Heritage Elem
  • High School: Heritage High
  • Middle School: Sandusky Midl
  • Junior High Dist: Lynchburg

Lot Info

  • Zoning: R-2C
  • Acres: 0.2930
  • Lot Size Sq Ft: 12763.00
  • ResoLotSizeUnits: Acres
  • Parcel Number: 25208033
  • ResoLotSizeUnits: Acres

Rental Info

  • Sub Lease: No
  • Sub Lease Expiration Date: 1800-01-01T00:00:00.001-05:00

Tax Info

  • Estimated Taxes: 2081

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2024
Closed on
Jul 1, 2024
Sold by
Smith Brayden H and Smith Cierra L
Bought by
Phelps Chase Tyler and Phelps Jessica Nicole
Seller's Agent
Charlie Watts
Watts Auction Realty Appra Inc
Buyer's Agent
Caroline Crowder
eXp Realty LLC-Lynchburg
List Price
$299,900
Sold Price
$284,000
Premium/Discount to List
-$15,900
-5.3%
Views
87
Current Estimated Value
$312,637

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,637
Avg. Annual Appreciation
2.31%
Original Mortgage
$284,000
Outstanding Balance
$281,868
Interest Rate
7.03%
Mortgage Type
VA
Estimated Equity
$9,485

Purchase Details

Listed on
Nov 15, 2021
Closed on
Dec 21, 2021
Sold by
Cook Samantha M and Cook Michael J
Bought by
Smith Brayden H and Smith Cierra L
Seller's Agent
Bryan Wright
Long & Foster-Forest
Buyer's Agent
Debbie Watts
Watts Auction Realty Appra Inc
List Price
$239,900
Sold Price
$239,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.93%
Original Mortgage
$239,900
Interest Rate
3.11%
Mortgage Type
VA

Purchase Details

Listed on
Sep 25, 2019
Closed on
Dec 12, 2019
Sold by
Hughes Joshua K and Hughes Danelle L
Bought by
Moore Samantha M and Cook Michael L
Seller's Agent
Josh Redmond
Mark A. Dalton & Co., Inc.
Buyer's Agent
Bryan Wright
Long & Foster-Forest
List Price
$199,900
Sold Price
$184,900
Premium/Discount to List
-$15,000
-7.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.41%
Original Mortgage
$157,165
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 31, 2015
Sold by
Stevens Zane Dustin
Bought by
Hughes Joshua K and Hughes Danelle L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,337
Interest Rate
3.94%
Mortgage Type
VA

Purchase Details

Closed on
Feb 13, 2007
Sold by
Ripley Stephen A and Ripley Angela D
Bought by
Stevens Zane Dustin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,797
Interest Rate
6.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Phelps Chase Tyler $284,000 Chicago Title
Smith Brayden H $239,900 None Available
Moore Samantha M $184,900 None Available
Hughes Joshua K $159,900 Old Republic National Title
Stevens Zane Dustin -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Phelps Chase Tyler $284,000
Previous Owner Smith Brayden H $239,900
Previous Owner Moore Samantha M $157,165
Previous Owner Hughes Joshua K $163,337
Previous Owner Stevens Zane Dustin $160,225
Previous Owner Stevens Zane Dustin $159,797
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2024 07/12/24 Sold $284,000 -0.3% $135 / Sq Ft
06/12/2024 06/12/24 Pending -- -- --
05/31/2024 05/31/24 Price Changed $284,900 -1.7% $136 / Sq Ft
05/21/2024 05/21/24 Price Changed $289,900 -3.3% $138 / Sq Ft
05/06/2024 05/06/24 For Sale $299,900 +25.0% $143 / Sq Ft
01/04/2022 01/04/22 Sold $239,900 0.0% $109 / Sq Ft
11/18/2021 11/18/21 Pending -- -- --
11/15/2021 11/15/21 For Sale $239,900 +29.7% $109 / Sq Ft
12/12/2019 12/12/19 Sold $184,900 -7.5% $84 / Sq Ft
11/08/2019 11/08/19 Pending -- -- --
09/25/2019 09/25/19 For Sale $199,900 -- $91 / 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 $2,081 $233,800 $40,000 $193,800
2023 $2,081 $233,800 $40,000 $193,800
2022 $1,836 $178,300 $35,000 $143,300
2021 $1,979 $178,300 $35,000 $143,300
2020 $1,648 $148,500 $35,000 $113,500
2019 $1,648 $148,500 $35,000 $113,500
2018 $1,567 $141,200 $30,000 $111,200
2017 $1,567 $141,200 $30,000 $111,200
2016 $1,567 $141,200 $30,000 $111,200
2015 $1,567 $140,200 $30,000 $110,200
2014 $1,556 $140,200 $30,000 $110,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 352099

APN: 252-08-033