NOT LISTED FOR SALE

1401 Nelson Dr Lynchburg, VA 24502

Richland Hills Neighborhood

Estimated Value: $243,000 - $297,000

3 Beds
1 Bath
1,649 Sq Ft
$163/Sq Ft Est. Value

Last Sold December 18, 2020

Last sale price $163,500 $99 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $1,562/month

Highlights

  • Ranch Style House
  • Mud Room
  • Formal Dining Room
  • Wood Flooring
  • Home Office
  • Fenced Yard

About This Home

As of December 2020

Welcome to 1401 Nelson Drive! This 3br/1ba brick rancher is what 1st time home-buyer dreams are made of! This home makes a stunning first impression with a welcoming foyer, gleaming hardwoods and fresh, neutral paint! Updates include: relocating washer & dryer to main level; new lighting; bathtub resurfaced; newly bricked sidewalk and steps with new wrought iron hand rails; solar panels; driveway re-sealed; gas logs; mini-splits (HVAC) and tankless hot water heater. All the big stuff was done in 2014 - replacement windows; new roof & gutters; updated kitchen and bath - Wow! All this PLUS a partially finished basement and yard with garden shed & workshop. Located in convenient Richland Hills on a cul-de-sac. Great home!

Last Agent to Sell the Property

Karen Brooks

Elite Realty License #0225205412 Listed on: 11/06/2020

Last Buyer's Agent

William Matthew Barrett IV

Elite Realty License #0225215469

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,387

Year Built

  • Built in 1959

Lot Details

  • 0.59 Acre Lot
  • Fenced Yard

Home Design

  • Ranch Style House
  • Shingle Roof

Interior Spaces

  • 1,649 Sq Ft Home
  • Ceiling Fan
  • Gas Log Fireplace
  • Drapes & Rods
  • Mud Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Attic Access Panel
  • Storm Doors

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Eco-Friendly Details

  • Solar Assisted Cooling System
  • Heating system powered by active solar

Outdoor Features

  • Outdoor Storage

Schools

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

Utilities

  • Mini Split Air Conditioners
  • Mini Split Heat Pump
  • Tankless Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 24408001

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,387

Year Built

Built in 1959

Lot Details

0

Listing Details

  • FILLACRES: 0.5900
  • BuildingOnProperty: Storage Building
  • Directions: Timberlake Rd to left on Richland Dr to right on Brookville Ln to left on Nelson Dr, to home near cul-de-sac, on left.
  • ElementarySchool7: Heritage Elem
  • HighSchool7: Heritage High
  • Internet Providers: Comcast/Xfinity
  • Lot Measurement: Acres
  • Lot Sq Ft: 25700.00
  • MiddleSchool7: Sandusky Midl
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 24408001
  • Year Built: 1959
  • Heating System: Active Solar, Mini-Split
  • Building Stories: One
  • Dwelling Styles: Ranch
  • Officeden Len: 18.000
  • Officeden Wid: 12.000
  • Foyer Area: 40.000000
  • Laundryroom Dim: 0.000 x 0.000
  • Living Room Dim: 18.000 x 12.000
  • Livingroom Len: 18.000
  • Livingroom Wid: 12.000
  • 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: 104.000000
  • Other Room1 Len: 13.000
  • Other Room2 Area: 121.000000
  • Other Room2 Len: 11.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 1.00
  • Bathrooms Display: 1 (1 0)
  • Lower Floor 1 Bedrooms: 3
  • Broker Approved: Yes
  • Legal Description: RICHLAND HILLS, SEC 7, LOT 9-10
  • Reciprocal Listing: No
  • Second Bedroom: 11x11 Level: Level 1 Above Grade
  • Second Bedroom Area: 121.000000
  • Third Bedroom: 10x9 Level: Level 1 Above Grade
  • Third Bedroom Area: 90.000000
  • Above Grade Finished Sq Ft: 1312.00
  • ApplianceConvey: Dishwasher, Dryer, Microwave, Range-Elec, Refrigerator, Washer
  • Has Attic: Access
  • Has Basement: Exterior Entrance, Full, Interior Entrance
  • Flooring: Hardwood, Vinyl
  • Year Built Exception: 0
  • Deck: 19x10 Level: Level 1 Above Grade
  • Den: 18x12 Level: Below Grade
  • Fireplace: 1 Fireplace, Gas Log, Living Room
  • Formal Dining: 11x10 Level: Level 1 Above Grade
  • Foyer: 10x4 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 1
  • Interior Amenities: Cable Available, Ceiling Fan(s), Drapes, Main Level Bedroom, Separate Dining Room
  • Dining Kitchen: 11x10 Level: Level 1 Above Grade
  • Laundry: Main Level
  • Laundry Room: 0x0 Level: Level 1 Above Grade
  • Living Room: 18x12 Level: Level 1 Above Grade
  • Master Bedroom: 15x11 Level: Level 1 Above Grade
  • Other Room 1: 13x8 Level: Level 1 Above Grade
  • Other Room 2: 11x11 Level: Below Grade
  • Additional Room 1 Description: Mud Room
  • Additional Room 2 Description: Office
  • Den Area: 216.000000
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 110.000000
  • LivingRoom Area: 216.000000
  • Est Other Room1 Dim: 13.000 x 8.000
  • Est Other Room2 Dim: 11.000 x 11.000
  • 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, Fenced Yard, Storm Doors

Garage/Parking

  • Garage Dim: 0.000 x 0.000

Utilities

  • Utility Electric: AEP/Appalachian Powr
  • Air Conditioner: Mini-Split, Solar
  • Sewer: Septic Tank
  • Hot Water: City
  • Water Heater: Tankless

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors

Schools

  • School District: Lynchburg
  • School District: Lynchburg

Lot Info

  • Lot Sq Ft: 1649.00
  • Zoning: R-1

Tax Info

  • Estimated Taxes: 1387

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2020
Closed on
Dec 3, 2020
Sold by
Zoutte Pamela R
Bought by
Hughes Jesse G
Seller's Agent
Karen Brooks
Elite Realty
Buyer's Agent
William Matthew Barrett IV
Elite Realty
List Price
$163,900
Sold Price
$163,500
Premium/Discount to List
-$400
-0.24%
Current Estimated Value
$266,090

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,590
Avg. Annual Appreciation
8.91%
Original Mortgage
$160,538
Outstanding Balance
$144,563
Interest Rate
2.7%
Mortgage Type
FHA
Estimated Equity
$98,758

Purchase Details

Listed on
Aug 4, 2014
Closed on
Nov 4, 2014
Sold by
Sheets Douglas N and Sheets Gilda B
Bought by
Zoutte Pamela R
Seller's Agent
Robert Dawson
BHHS Dawson Ford Garbee
Buyer's Agent
James Whitehead
Watts Auction Realty Appra Inc
List Price
$119,900
Sold Price
$119,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.21%
Original Mortgage
$95,920
Interest Rate
3.87%
Mortgage Type
New Conventional
Source: Public Records

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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Hughes Jesse G $143,500 Old Republic Title
Zoutte Pamela R $119,900 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hughes Jesse G $160,538
Previous Owner Zoutte Pamela R $95,920
Previous Owner Embrey David D $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2020 12/18/20 Sold $163,500 -0.2% $99 / Sq Ft
11/06/2020 11/06/20 Pending -- -- --
11/06/2020 11/06/20 For Sale $163,900 +36.7% $99 / Sq Ft
11/10/2014 11/10/14 Sold $119,900 0.0% $73 / Sq Ft
10/13/2014 10/13/14 Pending -- -- --
08/04/2014 08/04/14 For Sale $119,900 -- $73 / 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 $1,796 $201,800 $38,000 $163,800
2023 $1,796 $201,800 $38,000 $163,800
2022 $1,553 $150,800 $32,000 $118,800
2021 $1,674 $150,800 $32,000 $118,800
2020 $1,388 $125,000 $30,000 $95,000
2019 $1,388 $125,000 $30,000 $95,000
2018 $1,344 $121,100 $27,000 $94,100
2017 $1,344 $121,100 $27,000 $94,100
2016 $1,334 $120,200 $27,000 $93,200
2015 $1,334 $120,200 $27,000 $93,200
2014 $1,334 $128,300 $27,000 $101,300
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2020

    Karen Brooks

    Elite Realty

    Section Image

  • W

    Buyer's Agent in 2020

    William Matthew Barrett IV

    Elite Realty

    (434) 386-8501

    3 in this area

    127 Total Sales

    Section Image
  • Robert Dawson

    Seller's Agent in 2014

    Robert Dawson

    BHHS Dawson Ford Garbee

    (434) 841-0890

    1 in this area

    304 Total Sales

    Section Image

  • J

    Buyer's Agent in 2014

    James Whitehead

    Watts Auction Realty Appra Inc

    (434) 444-5380

    4 Total Sales

    Section Image
See All Agents

Map

Source: Lynchburg Association of REALTORS®

MLS Number: 328144

APN: 244-08-001

Virginia Lynchburg City County Lynchburg 24502 Richland Hills

1401 Nelson Dr, Lynchburg, VA

This home is located at 1401 Nelson Dr, Lynchburg, VA 24502 since 06 November 2020 and is currently estimated at $268,410, approximately $162 per square foot. This property was built in 1959. 1401 Nelson Dr is a home located in Lynchburg City with nearby schools including Heritage Elementary School, Sandusky Middle School, and Heritage High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed to be reliable but not guaranteed.

Nearby Homes