$122,000
SOLD JUN 29, 2015

1314 Wood Rd Lynchburg, VA 24502

-- Bed
-- Bath
2,368 Sq Ft
784 Sq Ft Lot

Recently Sold

$52 Per Sq Ft

2% Below List Price

29 Days on Market

About This Home

As of January 2024

Great income property! Location convenient to everything. 2 bedrooms and 1.5 baths in each unit. New decks, lots of closets and storage. Close to Liberty.

Last Agent to Sell the Property

Daniele Mason

Blickenstaff & Company, Realto License #0225128808 Listed on: 05/18/2015

Last Buyer's Agent

Daniele Mason

Blickenstaff & Company, Realto License #0225128808 Listed on: 05/18/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,063

Year Built

  • Built in 1987

Lot Details

  • 784 Sq Ft Lot

HOA Fees

  • $200 Monthly HOA Fees

Parking

  • 2 Parking Spaces

Home Design

  • 2,368 Sq Ft Home

Flooring

  • Carpet
  • Vinyl

Schools

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

Utilities

  • Heat Pump System
  • Electric Water Heater

Community Details

Overview

  • Association fees include exterior maintenance, grounds maintenance
  • 2 Units

Building Details

  • New Taxes Expense $515
  • Gross Income $14,280

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,063

Year Built

Built in 1987

Lot Details

0

HOA Fees

$200 per month

Listing Details

  • FILLACRES: 0.0180
  • Directions: Timberlake Rd to Wood Rd (beside Taco Bell)
  • ElementarySchool7: Heritage Elem
  • HighSchool7: Heritage High
  • Lot Measurement: Acres
  • Lot Sq Ft: 784.00
  • MiddleSchool7: Sandusky Midl
  • Days On Market: No
  • Property Subtype1: Multi-Family
  • Prop. Type: Multi-Family
  • OFFICELIST_STATE: VA
  • Year Built: 1987
  • Heating System: Heat Pump
  • Unit Info Number Unfurnished Units: 2
  • Taxes Expense: 515.00
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Broker Approved: Yes
  • Legal Description: EAST RIDGE CONDOMINIUMS, BLDG 10, UNIT 1 & East Ridge Condominiums, Bldg 10, Unit 2
  • Reciprocal Listing: No
  • Street Number Modifier: 1316
  • Flooring: Carpet, Vinyl
  • Year Built Exception: 0
  • Walls: Drywall

Garage/Parking

  • Parking: 2 Spaces/Unit

Utilities

  • Cooling: Heat Pump
  • Sewer: City
  • Hot Water: City
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Includes: Exterior Maintenance, Grounds Maintenance
  • HOA: Lynchburg Board of Realtors
  • Association Fee: 200.00

Schools

  • School District: Lynchburg
  • School District: Lynchburg

Lot Info

  • Lot Sq Ft: 2368.00

Rental Info

  • Types Of Leases: 1 Year Lease

Tax Info

  • Estimated Taxes: 2063

Multi Family

  • Annual Gross Income: 14280.00
  • Total Number Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 8, 2024
Sold by
Gilmore Philip Nathanael
Bought by
Philip Gilmore Revocable Living Trust and Gilmore

Purchase Details

Listed on
Oct 13, 2023
Closed on
Jan 10, 2024
Sold by
Owens Bradley and Owens Katlyn A
Bought by
Gilmore Philip Nathanael
Seller's Agent
Joe Ehlinger
RE/MAX 1st Olympic
Buyer's Agent
Nannette Turner
eXp Realty LLC-Fredericksburg
List Price
$179,900
Sold Price
$165,000
Premium/Discount to List
-$14,900
-8.28%
Views
65

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.73%

Purchase Details

Listed on
May 5, 2022
Closed on
Jul 15, 2022
Sold by
Sellari William A
Bought by
Owens Bradley L and Watts Katlyn A
Seller's Agent
Katie Donckers-Roseveare
NextHome TwoFourFive
Buyer's Agent
Joe Ehlinger
RE/MAX 1st Olympic
List Price
$159,900
Sold Price
$149,900
Premium/Discount to List
-$10,000
-6.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.70%
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Gift Deed -- None Listed On Document
Bargain Sale Deed $165,000 Old Republic National Title In
Deed $149,900 Commonwealth Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2025 07/18/25 For Sale $179,900 +9.0% --
01/11/2024 01/11/24 Sold $165,000 0.0% $139 / Sq Ft
12/07/2023 12/07/23 Pending -- -- --
10/31/2023 10/31/23 Off Market $165,000 -- --
10/20/2023 10/20/23 Price Changed $169,900 -5.6% $143 / Sq Ft
10/13/2023 10/13/23 For Sale $179,900 +20.0% $152 / Sq Ft
07/18/2022 07/18/22 Sold $149,900 -6.3% $127 / Sq Ft
06/25/2022 06/25/22 Pending -- -- --
05/05/2022 05/05/22 For Sale $159,900 +31.1% $135 / Sq Ft
06/29/2015 06/29/15 Sold $122,000 -2.3% $52 / Sq Ft
06/16/2015 06/16/15 Pending -- -- --
05/18/2015 05/18/15 For Sale $124,900 -- $53 / 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 $1,198 $134,600 $28,000 $106,600
2023 $928 $134,600 $28,000 $106,600
2022 $1,113 $108,100 $24,000 $84,100
2021 $300 $108,100 $24,000 $84,100
2020 $1,058 $95,300 $20,000 $75,300
2019 $1,058 $95,300 $20,000 $75,300
2018 $1,031 $92,900 $20,000 $72,900
2017 $1,031 $92,900 $20,000 $72,900
2016 $1,031 $92,900 $20,000 $72,900
2015 $1,031 $92,900 $20,000 $72,900
2014 $258 $92,900 $20,000 $72,900
Source: Public Records

Agents Affiliated with this Home

  • Nannette Turner

    Seller's Agent in 2025

    Nannette Turner

    eXp Realty LLC-Fredericksburg

    (434) 610-2556

    68 Total Sales

    Nannette Turner
    Section Image
  • Joe Ehlinger

    Seller's Agent in 2024

    Joe Ehlinger

    RE/MAX

    (434) 420-5854

    29 Total Sales

    Joe Ehlinger
    Section Image

  • K

    Seller's Agent in 2022

    Katie Donckers-Roseveare

    NextHome TwoFourFive

  • D

    Seller's Agent in 2015

    Daniele Mason

    Blickenstaff & Company, Realto

    Section Image
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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 291958

APN: 253-13-020

Virginia Lynchburg City County Lynchburg 24502

1314 Wood Rd, Lynchburg, VA

This home is located at 1314 Wood Rd, Lynchburg, VA 24502 and is currently priced at $122,000, approximately $51 per square foot. This property was built in 1987. 1314 Wood Rd is a home located in Lynchburg City with nearby schools including Heritage Elementary School, Sandusky Middle School, and Heritage High School.

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