NOT LISTED FOR SALE

1289 Rainbow Forest Dr Lynchburg, VA 24502

Estimated Value: $288,031 - $311,000

4 Beds
2 Baths
2,153 Sq Ft
$139/Sq Ft Est. Value

About This Home

This home is located at 1289 Rainbow Forest Dr, Lynchburg, VA 24502 and is currently estimated at $299,008, approximately $138 per square foot. 1289 Rainbow Forest Dr is a home located in Campbell County with nearby schools including Tomahawk Elementary School, Brookville Middle School, and Brookville High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 8, 2014
Sold by
Chavez Manuel D
Bought by
Chavez Matthew R
Current Estimated Value
$299,008

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Outstanding Balance
$85,680
Interest Rate
4.12%
Mortgage Type
New Conventional
Estimated Equity
$213,328
Source: Public Records

Range of Values:

Collateral Analytics

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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
Not Available
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
Chavez Matthew R $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chavez Matthew R $112,000
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 $1,011 $224,700 $45,000 $179,700
2024 $1,011 $224,700 $45,000 $179,700
2023 $1,011 $224,700 $45,000 $179,700
2022 $882 $169,700 $24,000 $145,700
2021 $882 $169,700 $24,000 $145,700
2020 $882 $159,200 $24,000 $135,200
2019 $882 $169,700 $24,000 $145,700
2018 $828 $159,200 $24,000 $135,200
2017 $828 $159,200 $24,000 $135,200
2016 $828 $159,200 $24,000 $135,200
2015 -- $159,200 $24,000 $135,200
2014 -- $152,700 $22,000 $130,700
Source: Public Records

Map

Virginia Campbell County Lynchburg 24502

1289 Rainbow Forest Dr, Lynchburg, VA

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