NOT LISTED FOR SALE

1260 Fair Oaks Ln Lynchburg, VA 24503

Estimated Value: $203,000 - $652,000

5 Beds
3.5 Baths
3,404 Sq Ft
$132/Sq Ft Est. Value

Last Sold July 19, 2018

Last sale price $289,000 $85 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $2,374/month

279 Days on Market

Highlights

  • Second Kitchen
  • Mountain View
  • Ranch Style House
  • Forest Middle School Rated A-
  • Secluded Lot
  • Wood Flooring

About This Home

As of July 2018

What a great location! A beautiful setting on 7.64 acres in the Boonsboro Bedford County area. Spacious one level living. Large main level bedroom suite. Main level offers two more bedrooms and a bath. The kitchen has lots of cabinets, work space, and a prep island. Gas stove. An eat in area overlooks the spacious and shaded front yard. Large formal dining room. Beautiful family room has a lovely fireplace with large windows that overlooks the private and wooded backyard. The backyard could be opened to enjoy a beautiful view. Two offices and a hobby room. Terrace level has a full two bedroom apartment. This home offers so many opportunities for your family's lifestyle. Please note- photos were taken before estate sale-more photos to come.

Last Agent to Sell the Property

Daniele Mason

Blickenstaff & Company, Realto License #0225128808 Listed on: 08/30/2017

Last Buyer's Agent

scott Bonheim

Alliance Realty Group License #0225041128

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,651

Year Built

  • Built in 1969

Lot Details

  • 7.64 Acre Lot
  • Secluded Lot
  • Garden

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Shingle Roof

Interior Spaces

  • 3,404 Sq Ft Home
  • Ceiling Fan
  • Formal Dining Room
  • Workshop
  • Mountain Views

Kitchen

  • Second Kitchen
  • Built-In Double Oven
  • Gas Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Finished Basement

  • Partial Basement
  • Interior and Exterior Basement Entry
  • Workshop

Schools

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

Utilities

  • Heat Pump System
  • Well
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 4610000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,651

Year Built

Built in 1969

Lot Details

0

Listing Details

  • FILLACRES: 7.6400
  • Directions: Trents Ferry Road onto Fair Oaks Lane. Home is on the left.
  • Lot Measurement: Acres
  • Lot Sq Ft: 332798.00
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 4610000
  • Year Built: 1969
  • FullBathBelowGrade: 1
  • Heating System: Heat Pump
  • Building Stories: One
  • Dwelling Styles: Ranch
  • Officeden Len: 23.000
  • Officeden Wid: 14.000
  • Laundryroom Dim: 15.000 x 7.000
  • Laundryroom Len: 15.000
  • Living Room Dim: 0.000 x 0.000
  • Masterbedroom Area: 210.000000
  • Master Bedroom Dim: 15.000 x 14.000
  • Masterbedroom Len: 15.000
  • Masterbedroom Wid: 14.000
  • Office Dim: 20.000 x 9.000
  • Other Room1 Area: 132.000000
  • Other Room1 Len: 12.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 4.00
  • Bathrooms Display: 4 (3 1)
  • Lower Floor 1 Bedrooms: 5
  • Broker Approved: Yes
  • High School2: Jefferson Forest-HS
  • Legal Description: WOODLAND DR FAIR OAKS LT
  • Middle School2: Forest Midl
  • Reciprocal Listing: No
  • Second Bedroom: 18x11 Level: Level 1 Above Grade
  • Second Bedroom Area: 198.000000
  • Third Bedroom: 12x10 Level: Level 1 Above Grade
  • Third Bedroom Area: 120.000000
  • Fourth Bedroom: 12x12 Level: Below Grade
  • Fourth Bedroom Area: 144.000000
  • Fifth Bedroom: 18x14 Level: Below Grade
  • Fifth Bedroom Area: 252.000000
  • Above Grade Finished Sq Ft: 2401.00
  • ApplianceConvey: Cooktop, Dishwasher, Double Oven, Range-Gas, Refrigerator, Wall Oven
  • Has Attic: Other
  • Has Basement: Exterior Entrance, Finished, Interior Entrance, Partial, Workshop
  • Flooring: Carpet, Hardwood, Tile
  • Year Built Exception: 0
  • Den: 23x14 Level: Below Grade
  • Family Room: 25x16 Level: Level 1 Above Grade
  • Fireplace: Leased Propane Tank
  • Formal Dining: 14x13 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 2
  • First Level Half Bathrooms: 1
  • Interior Amenities: Cable Available, Ceiling Fan(s), Main Level Bedroom, Main Level Den, Master Bed w/ Bath, Separate Dining Room, Workshop
  • Dining Kitchen: 17x13 Level: Level 1 Above Grade
  • Laundry: Dryer Connection, Main Level, Washer Connections
  • Laundry Room: 15x7 Level: Level 1 Above Grade
  • Master Bedroom: 15x14 Level: Level 1 Above Grade
  • Office: 20x9 Level: Below Grade
  • Other Room 1: 12x11 Level: Below Grade
  • Additional Room 1 Description: 2nd Kitchen
  • Den Area: 322.000000
  • FamilyRoom Area: 400.000000
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 221.000000
  • Laundry Room Area: 105.000000
  • Office Area: 180.000000
  • Est Other Room1 Dim: 12.000 x 11.000
  • 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: Paved Drive, Garden Space, Secluded Lot, Mountain Views

Garage/Parking

  • Attached Garage: 2 Car
  • Garage Dim: 0.000 x 0.000

Utilities

  • Air Conditioner: Heat Pump
  • Sewer: Septic Tank
  • Hot Water: Well
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors

Schools

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

Lot Info

  • Lot Sq Ft: 3404.00

Tax Info

  • Estimated Taxes: 1651

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2017
Closed on
Jul 11, 2018
Sold by
Mucciolo Carl J
Bought by
Budarz Timo E and Budarz Melissa R
Seller's Agent
Daniele Mason
Blickenstaff & Company, Realto
Buyer's Agent
scott Bonheim
Alliance Realty Group
List Price
$339,000
Sold Price
$289,000
Premium/Discount to List
-$50,000
-14.75%
Current Estimated Value
$448,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$159,900
Avg. Annual Appreciation
6.24%
Original Mortgage
$231,200
Outstanding Balance
$200,369
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$248,531
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
Budarz Timo E $289,000 Mountain View Stlmnt Svcs
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Budarz Timo E $231,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/19/2018 07/19/18 Sold $289,000 -14.7% $85 / Sq Ft
06/05/2018 06/05/18 Pending -- -- --
08/30/2017 08/30/17 For Sale $339,000 -- $100 / 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 $160 $39,100 $39,100 $0
2024 $160 $39,100 $39,100 $0
2023 $160 $19,550 $0 $0
2022 $196 $19,550 $0 $0
2021 $196 $39,100 $39,100 $0
2020 $196 $39,100 $39,100 $0
2019 $196 $39,100 $39,100 $0
2018 $203 $39,100 $39,100 $0
2017 $203 $39,100 $39,100 $0
2016 $203 $39,100 $39,100 $0
2015 $203 $39,100 $39,100 $0
2014 $203 $39,100 $39,100 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 307261

APN: 46-1-9