$265,000
SOLD APR 17, 2025

1410 Ramsgate Ln Lynchburg, VA 24501

Blue Ridge Farms Neighborhood
-- Bed
-- Bath
1,906 Sq Ft
0.65 Acres

Recently Sold

$139 Per Sq Ft

0 Day on Market

About This Home

As of April 2025

For Comp Purposes Only.

Last Agent to Sell the Property

Andrew Bonner

Nolen Real Estate License #0225239581 Listed on: 04/17/2025

Last Buyer's Agent

Andrew Bonner

Nolen Real Estate License #0225239581 Listed on: 04/17/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,771

Year Built

  • Built in 1975

Lot Details

  • 0.65 Acre Lot

Home Design

  • 1,906 Sq Ft Home

Flooring

  • Carpet
  • Vinyl

Schools

  • Linkhorne Elementary School
  • Linkhorne Midl Middle School
  • E. C. Glass High School

Utilities

  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • The owner pays for exterior maintenance, lawn care
  • Assessor Parcel Number 22102026

Community Details

Overview

  • Blue Ridge Farms Subdivision

Building Details

  • 2 Separate Water Meters
  • Net Lease
  • Gross Income $24,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,771

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Internet Providers: Comcast/Xfinity, GLO Fiber
  • Days On Market: No
  • Prop. Type: Multi-Family
  • Year Built: 1975
  • Garage Yn: No
  • Property Sub-Type: Multi-Family
  • Total Gross Income: 24000.00
  • Subdivision Name: Blue Ridge Farms
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Broker Approved: Yes
  • Reciprocal Listing: No
  • Flooring: Carpet, Vinyl
  • Walls: Drywall

Garage/Parking

  • Parking Features: 1 Space/Unit

Utilities

  • Utility Electric: American Electric
  • Cooling: Heat Pump
  • Sewer: City
  • Water Heater: Electric
  • Heating: Heat Pump
  • Water Source: City

Schools

  • Elementary School: Linkhorne Elem
  • High School: E. C. Glass High
  • Middle School: Linkhorne Midl
  • Junior High Dist: Lynchburg

Lot Info

  • Zoning: R-3
  • Acres: 0.6500
  • Lot Size Sq Ft: 28314.00
  • ResoLotSizeUnits: Acres
  • Parcel Number: 22102026
  • ResoLotSizeUnits: Acres

Rental Info

  • Sub Lease: No
  • Types Of Leases: 1 Year Lease
  • Owner Pays: Exterior Maintenance, Lawn Care
  • Sub Lease Expiration Date: 1800-01-01T00:00:00.000-05:00

Tax Info

  • Estimated Taxes: 1771

Multi Family

  • Number Of Units Total: 2
  • Existing Lease Type: Net
  • Number Of Separate Water Meters: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2025
Closed on
Apr 4, 2025
Sold by
Thoburn Robert L and Thoburn Sharon E
Bought by
Wilmoth Josiah D and Wilmoth Elizabeth P
Seller's Agent
Andrew Bonner
Nolen Real Estate
Buyer's Agent
Andrew Bonner
Nolen Real Estate
List Price
$265,000
Sold Price
$265,000
Current Estimated Value
$255,258

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,742
Avg. Annual Appreciation
-7.66%
Original Mortgage
$198,750
Outstanding Balance
$197,711
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$57,547

Purchase Details

Listed on
Jul 7, 2021
Closed on
Aug 12, 2021
Sold by
Nemeth Frank J and Nemeth Pamela S
Bought by
Thoburn Robert L and Thoburn Sharon E
Seller's Agent
Josh Redmond
Mark A. Dalton & Co., Inc.
Buyer's Agent
Andrew Bonner
Nolen Real Estate
List Price
$199,900
Sold Price
$210,000
Premium/Discount to List
$10,100
5.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.54%
Original Mortgage
$206,196
Interest Rate
2.7%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 7, 2006
Sold by
Halama John and Halama Judy A
Bought by
Zea Michael Paul and Zea Serena M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
7.77%
Mortgage Type
Adjustable Rate Mortgage/ARM
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 Type Sale Price Title Company
Deed $265,000 Old Republic National Title In
Deed $210,000 None Available
Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $198,750 New Conventional
Previous Owner $206,196 FHA
Previous Owner $135,000 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/17/2025 04/17/25 Sold $265,000 0.0% $139 / Sq Ft
04/17/2025 04/17/25 Pending -- -- --
04/17/2025 04/17/25 For Sale $265,000 +26.2% $139 / Sq Ft
08/17/2021 08/17/21 Sold $210,000 +5.1% $110 / Sq Ft View Prior Sale
07/07/2021 07/07/21 Pending -- -- --
07/07/2021 07/07/21 For Sale $199,900 -- $105 / 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 $1,877 $223,500 $35,000 $188,500
2024 $1,771 $199,000 $32,000 $167,000
2023 $1,771 $199,000 $32,000 $167,000
2022 $1,477 $143,400 $27,000 $116,400
2021 $1,592 $143,400 $27,000 $116,400
2020 $1,452 $130,800 $27,000 $103,800
2019 $1,452 $130,800 $27,000 $103,800
2018 $1,253 $118,700 $25,000 $93,700
2017 $1,318 $118,700 $25,000 $93,700
2016 $1,318 $107,000 $25,000 $82,000
2015 $1,188 $107,000 $25,000 $82,000
2014 $1,188 $109,700 $25,000 $84,700
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2025

    Andrew Bonner

    Nolen Real Estate

    (434) 363-6290

    4 in this area

    85 Total Sales

    Andrew Bonner
    Section Image

  • J

    Seller's Agent in 2021

    Josh Redmond

    Mark A. Dalton & Co., Inc.

    (434) 386-1998

    3 in this area

    378 Total Sales

    Josh Redmond
    Section Image
See All Agents

Map

Source: Lynchburg Association of REALTORS®

MLS Number: 358629

APN: 221-02-026

Virginia Lynchburg City County Lynchburg 24501 Blue Ridge Farms

1410 Ramsgate Ln, Lynchburg, VA

This home is located at 1410 Ramsgate Ln, Lynchburg, VA 24501 and is currently priced at $265,000, approximately $139 per square foot. This property was built in 1975. 1410 Ramsgate Ln is a home located in Lynchburg City with nearby schools including Linkhorne Elementary School, Linkhorne Middle School, and E.C. Glass High School.

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