NOT LISTED FOR SALE

1240 Fair Oaks Ln Lynchburg, VA 24503

Estimated Value: $453,812 - $489,000

3 Beds
3 Baths
2,979 Sq Ft
$158/Sq Ft Est. Value

About This Home

This home is located at 1240 Fair Oaks Ln, Lynchburg, VA 24503 and is currently estimated at $470,953, approximately $158 per square foot. 1240 Fair Oaks Ln is a home located in Bedford County with nearby schools including Boonsboro Elementary School, Forest Middle School, and Jefferson Forest High School.

Range of Values:

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.

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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.

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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.

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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.

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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

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 $1,352 $329,700 $70,000 $259,700
2024 $1,352 $329,700 $70,000 $259,700
2023 $1,352 $164,850 $0 $0
2022 $1,196 $119,600 $0 $0
2021 $1,196 $239,200 $50,000 $189,200
2020 $1,196 $239,200 $50,000 $189,200
2019 $1,196 $239,200 $50,000 $189,200
2018 $1,045 $200,900 $40,000 $160,900
2017 $1,045 $200,900 $40,000 $160,900
2016 $1,045 $200,900 $40,000 $160,900
2015 $1,045 $200,900 $40,000 $160,900
2014 $1,021 $196,300 $36,000 $160,300
Source: Public Records

Map

Virginia Bedford County Lynchburg 24503

1240 Fair Oaks Ln, Lynchburg, VA

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