NOT LISTED FOR SALE

1232 Albemarle Dr Lynchburg, VA 24503

Estimated Value: $161,000 - $219,000

2 Beds
1 Bath
1,100 Sq Ft
$176/Sq Ft Est. Value

Last Sold August 18, 2021

Last sale price $155,000 $141 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $1,067/month

64 Days on Market

Highlights

  • Mountain View
  • Secluded Lot
  • Main Floor Bedroom
  • Forest Middle School Rated A-
  • Wood Flooring
  • Farmhouse Style Home

About This Home

As of August 2021

Seclusion, seclusion, seclusion. Do not miss out on this unique, completely renovated two-story farmhouse nestled on 2 acres in Boonsboro/Bedford county. This home will give you the feeling of being out in the country but close enough to the city you will not miss a beat. There is nothing in this house that has not been upgraded or remodeled. Here are just a few of the upgrades: New Septic System, New HVAC, New roof, New Kitchen, New Bathroom, New paint, New Hot water, and many more. Additionally there are two storage sheds and a car port on the land. With county taxes and JF Schools, this is a must-buy.

Last Agent to Sell the Property

Wayne Daniel

eXp Realty LLC-Stafford License #0225178407 Listed on: 05/13/2021

eXp Realty LLC-Stafford

Last Buyer's Agent

Sheena Frost

eXp Realty LLC-Stafford License #0225233082

eXp Realty LLC-Stafford

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $386

Year Built

  • Built in 1900

Lot Details

  • 2 Acre Lot
  • Landscaped
  • Secluded Lot
  • Garden
  • Property is zoned AR

Home Design

  • Farmhouse Style Home
  • Shingle Roof

Interior Spaces

  • 1,100 Sq Ft Home
  • 2-Story Property
  • Mountain Views
  • Electric Range

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Basement

  • Heated Basement
  • Partial Basement
  • Exterior Basement Entry
  • Laundry in Basement

Schools

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

Utilities

  • Forced Air Heating System
  • Heat Pump System
  • Well
  • Electric Water Heater
  • Septic Tank

Home Details

Home Type

Single Family

Est. Annual Taxes

$386

Year Built

Built in 1900

Lot Details

0

Listing Details

  • FILLACRES: 2.0000
  • Directions: 501 to 651 (Perch Dr) then turn left on Albemarle Dr. Go all the way to the end.
  • Internet Providers: Hughes.net
  • Lot Measurement: Acres
  • Lot Sq Ft: 87120.00
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • Year Built: 1900
  • Heating System: Forced Warm Air-Elec
  • Building Stories: Two
  • Dwelling Styles: Farm House
  • Laundryroom Dim: 0.000 x 0.000
  • Living Room Dim: 12.000 x 12.000
  • Livingroom Len: 12.000
  • Livingroom Wid: 12.000
  • Masterbedroom Area: 144.000000
  • Master Bedroom Dim: 12.000 x 12.000
  • Masterbedroom Len: 12.000
  • Masterbedroom Wid: 12.000
  • 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
  • High School2: Jefferson Forest-HS
  • Legal Description: JAMES RIVER
  • Middle School2: Forest Midl
  • Reciprocal Listing: No
  • Second Bedroom: 12x18 Level: Level 1 Above Grade
  • Second Bedroom Area: 216.000000
  • Above Grade Finished Sq Ft: 1000.00
  • ApplianceConvey: Range-Elec
  • Has Attic: None
  • Has Basement: Exterior Entrance, Heated, Partial
  • Flooring: Hardwood, Vinyl
  • Year Built Exception: 0
  • Level 1 Full Bathrooms: 1
  • Interior Amenities: Cable Connections, Main Level Bedroom, Main Level Den
  • Dining Kitchen: 14x17 Level: Level 1 Above Grade
  • Laundry: Basement, Dryer Connection, Main Level, Washer Connections
  • Living Room: 12x12 Level: Level 1 Above Grade
  • Master Bedroom: 12x12 Level: Level 1 Above Grade
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 238.000000
  • LivingRoom Area: 144.000000
  • 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: Garden Space, Landscaped, Secluded Lot, Mountain Views

Garage/Parking

  • Garage Dim: 0.000 x 0.000

Utilities

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

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors

Schools

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

Lot Info

  • Lot Sq Ft: 1100.00
  • Zoning: AR

Tax Info

  • Estimated Taxes: 386

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2021
Closed on
Jul 29, 2021
Sold by
Tweedy Thomas Wayne
Bought by
Bracewell Jonathan M
Seller's Agent
Wayne Daniel
eXp Realty LLC-Stafford
Buyer's Agent
Sheena Frost
eXp Realty LLC-Stafford
List Price
$215,000
Sold Price
$155,000
Premium/Discount to List
-$60,000
-27.91%
Current Estimated Value
$193,098

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,098
Avg. Annual Appreciation
5.40%
Original Mortgage
$131,750
Outstanding Balance
$119,802
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$73,296

Purchase Details

Closed on
Jul 8, 2020
Sold by
Truist Bank
Bought by
Tweedy Thomas Wayne

Purchase Details

Closed on
Oct 30, 2019
Sold by
Trustee Services Of Virginia Llc
Bought by
Suntrust Bank
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
Bracewell Jonathan M $155,000 Attorney
Tweedy Thomas Wayne $70,000 Attorney
Suntrust Bank $69,920 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bracewell Jonathan M $131,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/18/2021 08/18/21 Sold $155,000 -27.9% $141 / Sq Ft
07/16/2021 07/16/21 Pending -- -- --
05/13/2021 05/13/21 For Sale $215,000 -- $195 / 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 $551 $134,400 $30,000 $104,400
2024 $551 $134,400 $30,000 $104,400
2023 $551 $67,200 $0 $0
2022 $389 $38,850 $0 $0
2021 $389 $77,700 $20,000 $57,700
2020 $389 $77,700 $20,000 $57,700
2019 $389 $77,700 $20,000 $57,700
2018 $412 $79,200 $20,000 $59,200
2017 $412 $79,200 $20,000 $59,200
2016 $412 $79,200 $20,000 $59,200
2015 $412 $79,200 $20,000 $59,200
2014 $425 $81,800 $20,000 $61,800
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2021

    Wayne Daniel

    eXp Realty LLC-Stafford

    (434) 851-3999

    52 Total Sales

    Wayne Daniel
    Section Image

  • S

    Buyer's Agent in 2021

    Sheena Frost

    eXp Realty LLC-Stafford

    Section Image
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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 331534

APN: 29-A-24A

Virginia Bedford County Lynchburg 24503

1232 Albemarle Dr, Lynchburg, VA

This home is located at 1232 Albemarle Dr, Lynchburg, VA 24503 since 13 May 2021 and is currently estimated at $193,098, approximately $175 per square foot. This property was built in 1900. 1232 Albemarle Dr is a home located in Bedford County with nearby schools including Boonsboro Elementary School, Forest Middle School, and Jefferson Forest High School.

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