NOT LISTED FOR SALE

1316 Wood Rd Lynchburg, VA 24502

Estimated Value: $186,000 - $231,000

2 Beds
1.5 Baths
1,184 Sq Ft
$120/mo HOA Fee

Last Sold May 28, 2021

Last sale price $136,900 $116 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $1,296/month

4 Days on Market

About This Home

As of May 2021

Welcome to your new home and easy living. Fresh paint, granite counters, spacious rooms, large windows and lots of natural light, sun filled deck, and nothing for you to do on the outside. Half bath on main floor so no need for anyone to venture uninvited upstairs. Easy access and walk in unfinished storage area makes grabbing your kayak an easy task while someone else mows the lawn. You deserve this.

Last Agent to Sell the Property

Katie Donckers-Roseveare

NextHome TwoFourFive License #0225243825 Listed on: 04/25/2021

NextHome TwoFourFive

Last Buyer's Agent

Don Ashworth

Watts Auction Realty Appra Inc License #0225218667

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,058

Year Built

  • Built in 1987

Lot Details

  • 732

HOA Fees

  • $120 Monthly HOA Fees

Home Design

  • Shingle Roof

Interior Spaces

  • 1,184 Sq Ft Home
  • 2-Story Property

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Exterior Basement Entry
  • Crawl Space

Home Security

Schools

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

Utilities

  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 25313019

Community Details

Overview

  • Association fees include exterior maintenance, grounds maintenance, roof
  • East Ridge Subdivision

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,058

Year Built

Built in 1987

Lot Details

0

HOA Fees

$120 per month

Listing Details

  • FILLACRES: 0.0168
  • AssocFeeOptional: Required
  • Directions: Timberlake Rd to Wood Rd at Taco Bell. Or Laxton to Mountain View Rd. and a left on Wood Rd. Condo is on the right just before right turn onto Settlement Dr.
  • ElementarySchool7: Heritage Elem
  • HighSchool7: Heritage High
  • Lot Measurement: Acres
  • Lot Sq Ft: 732.00
  • MiddleSchool7: Sandusky Midl
  • Days On Market: No
  • Property Subtype1: Condominium
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 25313019
  • Year Built: 1987
  • Heating System: Heat Pump
  • Building Stories: Two
  • Foyer Area: 60.000000
  • Laundryroom Dim: 3.000 x 3.000
  • Laundryroom Len: 3.000
  • Living Room Dim: 0.000 x 0.000
  • Masterbedroom Area: 165.000000
  • Master Bedroom Dim: 15.000 x 11.000
  • Masterbedroom Len: 15.000
  • Masterbedroom Wid: 11.000
  • Office Dim: 0.000 x 0.000
  • Other Room1 Area: 30.000000
  • Other Room1 Len: 6.000
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement Bathrooms: 2.00
  • Bathrooms Display: 2 (1 1)
  • Lower Floor 1 Bedrooms: 2
  • Broker Approved: Yes
  • Legal Description: EAST RIDGE CONDOMINIUMS, BLDG 10, Unit 1
  • Reciprocal Listing: No
  • Second Bedroom: 18x12 Level: Level 2 Above Grade
  • Second Bedroom Area: 216.000000
  • Above Grade Finished Sq Ft: 1184.00
  • ApplianceConvey: Dishwasher, Dryer, Range-Elec, Refrigerator, Washer
  • Has Attic: Other
  • Has Basement: Crawl Space, Exterior Entrance
  • Flooring: Carpet, Vinyl
  • Year Built Exception: 0
  • Deck: 14x2 Level: Level 1 Above Grade
  • Foyer: 12x5 Level: Level 1 Above Grade
  • Level 2 Full Bathrooms: 1
  • Great Room: 19x15 Level: Level 1 Above Grade
  • First Level Half Bathrooms: 1
  • Interior Amenities: Smoke Alarm
  • Dining Kitchen: 10x9 Level: Level 1 Above Grade
  • Laundry: Main Level
  • Laundry Room: 3x3 Level: Level 1 Above Grade
  • Master Bedroom: 15x11 Level: Level 2 Above Grade
  • Other Room 1: 6x5 Level: Level 2 Above Grade
  • Additional Room 1 Description: Master Vanity
  • GreatRoom Area: 285.000000
  • Livinggreat Room Dim: 19.000 x 15.000
  • Kitchen Area: 90.000000
  • Laundry Room Area: 9.000000
  • Est Other Room1 Dim: 6.000 x 5.000
  • 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

Garage/Parking

  • Garage Dim: 0.000 x 0.000

Utilities

  • Air Conditioner: Heat Pump
  • Sewer: City
  • Hot Water: City
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Includes: Exterior Maintenance, Grounds Maintenance, Roof
  • HOA: Lynchburg Board of Realtors
  • Association Fee: 120.00
  • Subdivision Complex: East Ridge

Schools

  • School District: Lynchburg
  • School District: Lynchburg

Lot Info

  • Lot Sq Ft: 1184.00
  • Zoning: R-3

Tax Info

  • Estimated Taxes: 1058

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2021
Closed on
May 18, 2021
Sold by
Sellari William A and Curtis Sally Ann
Bought by
Doyle Frederick A
Seller's Agent
Katie Donckers-Roseveare
NextHome TwoFourFive
Buyer's Agent
Don Ashworth
Watts Auction Realty Appra Inc
List Price
$134,900
Sold Price
$136,900
Premium/Discount to List
$2,000
1.48%
Current Estimated Value
$202,316

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,416
Avg. Annual Appreciation
9.55%
Original Mortgage
$116,365
Outstanding Balance
$105,744
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$96,877
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
Doyle Frederick A $136,900 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Doyle Frederick A $116,365
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2021 05/28/21 Sold $136,900 +1.5% $116 / Sq Ft
04/29/2021 04/29/21 Pending -- -- --
04/25/2021 04/25/21 For Sale $134,900 -- $114 / 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 $1,175 $132,000 $28,000 $104,000
2023 $1,175 $132,000 $28,000 $104,000
2022 $1,113 $108,100 $24,000 $84,100
2021 $1,200 $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

  • K

    Seller's Agent in 2021

    Katie Donckers-Roseveare

    NextHome TwoFourFive

    Section Image
  • Don Ashworth

    Buyer's Agent in 2021

    Don Ashworth

    Watts Auction Realty Appra Inc

    (434) 221-7560

    44 Total Sales

    Don Ashworth
    Section Image
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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 331099

APN: 253-13-019

Virginia Lynchburg City County Lynchburg 24502

1316 Wood Rd, Lynchburg, VA

This home is located at 1316 Wood Rd, Lynchburg, VA 24502 since 25 April 2021 and is currently estimated at $202,316, approximately $170 per square foot. This property was built in 1987. 1316 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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