NOT LISTED FOR SALE

1448 Rainbow Forest Dr Lynchburg, VA 24502

Estimated Value: $272,000 - $283,000

3 Beds
2 Baths
1,250 Sq Ft
$222/Sq Ft Est. Value

Last Sold August 28, 2020

Last sale price $190,000 $152 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $1,535/month

66 Days on Market

Highlights

  • Property is near a clubhouse
  • Wood Flooring
  • Community Pool
  • Ranch Style House
  • Mud Room
  • Walk-In Closet

About This Home

As of August 2020

HUGE PRICE REDUCTION and Sellers are Finishing room in basement. Beautiful updated Campbell County home in sought after Brookville School District. Home is a split bedroom plan with 3br's and 2 full baths, main level laundry, pantry, replacement windows throughout, plenty of closet space and even a walk in closet off one bedroom, large private landscaped yard, long rocking chair front porch across entire house and nice patio area as well. Owners have remodeled both bathrooms, added kitchen backsplash and painted. Heat pump new in 2019, Septic was recently pump and main line to holding tank was replaced. Roof is approx 10yrs old and gutters have gutter screens. Very well maintained home in a great area at a great price. Call today for a private showing

Last Agent to Sell the Property

CHERYL R WALTON

NextHome TwoFourFive License #0225215514 Listed on: 05/08/2020

NextHome TwoFourFive

Last Buyer's Agent

Jennifer Goodman

John Stewart Walker, Inc License #0225103100

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $836

Year Built

  • Built in 1963

Lot Details

  • 0.45 Acre Lot
  • Landscaped
  • Garden

Home Design

  • Ranch Style House
  • Shingle Roof

Interior Spaces

  • 1,250 Sq Ft Home
  • Ceiling Fan
  • Mud Room
  • Scuttle Attic Hole
  • Storm Doors

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub Includes Tile Surround

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Basement

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

Location

  • Property is near a clubhouse

Schools

  • Tomahawk Elementary School
  • Brookville Midl Middle School
  • Brookville High School

Utilities

  • Heat Pump System
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 001453600

Community Details

Overview

  • Rainbow Forest Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$836

Year Built

Built in 1963

Lot Details

0

Listing Details

  • FILLACRES: 0.4500
  • Directions: 460W to Laxton Rd, keep straight and it turns into Rainbow Forest Dr, stay on Rainbow Forest Dr to house on Right
  • ElementarySchool4: Tomahawk Elem
  • HighSchool4: Brookville High
  • Internet Providers: Hughes.net, Shentel, Verizon
  • Lot Measurement: Acres
  • Lot Sq Ft: 19602.00
  • MiddleSchool4: Brookville Midl
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 001453600
  • Year Built: 1963
  • Heating System: Heat Pump
  • Building Stories: One
  • Dwelling Styles: Ranch
  • Laundryroom Dim: 0.000 x 0.000
  • Living Room Dim: 14.000 x 10.000
  • Livingroom Len: 14.000
  • Livingroom Wid: 10.000
  • Masterbedroom Area: 130.000000
  • Master Bedroom Dim: 13.000 x 10.000
  • Masterbedroom Len: 13.000
  • Masterbedroom Wid: 10.000
  • Office Dim: 0.000 x 0.000
  • Other Room1 Area: 48.000000
  • Other Room1 Len: 8.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 2.00
  • Bathrooms Display: 2 (2 0)
  • Lower Floor 1 Bedrooms: 3
  • Broker Approved: Yes
  • Legal Description: RAINBOW FOREST Lot 2 BK 6 Sec 1
  • Reciprocal Listing: No
  • Second Bedroom: 11x10 Level: Level 1 Above Grade
  • Second Bedroom Area: 110.000000
  • Third Bedroom: 11x11 Level: Level 1 Above Grade
  • Third Bedroom Area: 121.000000
  • Above Grade Finished Sq Ft: 1250.00
  • ApplianceConvey: Cooktop, Microwave, Refrigerator, Wall Oven
  • Has Attic: Scuttle
  • Has Basement: Exterior Entrance, Full, Interior Entrance, Walkout
  • Breakfast Area: 7x7 Level: Level 1 Above Grade
  • Flooring: Ceramic Tile, Hardwood
  • Year Built Exception: 0
  • Deck: 24x12 Level: Level 1 Above Grade
  • Formal Dining: 11x11 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 2
  • Interior Amenities: Cable Connections, Ceiling Fan(s), Drywall, Main Level Bedroom, Master Bed w/ Bath, Pantry, Tile Bath(s), Walk-In Closet(s)
  • Dining Kitchen: 15x8 Level: Level 1 Above Grade
  • Laundry: Dryer Connection, Laundry Closet, Main Level, Washer Connections
  • Living Room: 14x10 Level: Level 1 Above Grade
  • Master Bedroom: 13x10 Level: Level 1 Above Grade
  • Other Room 1: 8x6 Level: Level 1 Above Grade
  • Porch: 44x7 Level: Level 1 Above Grade
  • Additional Room 1 Description: mud room
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 120.000000
  • LivingRoom Area: 140.000000
  • Est Other Room1 Dim: 8.000 x 6.000
  • 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: Pool Nearby, Paved Drive, Garden Space, Landscaped, Storm Doors, Insulated Glass, Club House Nearby

Garage/Parking

  • Carport: 12x12 Level: Level 1 Above Grade
  • Garage Dim: 0.000 x 0.000

Utilities

  • Utility Electric: AEP/Appalachian Powr
  • Air Conditioner: Heat Pump
  • Sewer: Septic Tank
  • Hot Water: County
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors
  • Subdivision Complex: Rainbow Forest

Schools

  • School District: Campbell

Lot Info

  • Lot Sq Ft: 1250.00

Tax Info

  • Estimated Taxes: 836

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 1, 2020
Sold by
Bernard Scott Hamilton and Bernard Ashley Parrish
Bought by
Bayse Elizabeth A
Current Estimated Value
$277,759

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,919
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 28, 2014
Closed on
May 8, 2015
Sold by
Mooty Robert E
Bought by
Bernard Scott H
Seller's Agent
Kathy Carson
Mark A. Dalton & Co., Inc.
Buyer's Agent
Lisa Lanning
Watts Auction Realty Appra Inc
List Price
$159,900
Sold Price
$147,000
Premium/Discount to List
-$12,900
-8.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.32%
Original Mortgage
$150,000
Interest Rate
3.69%
Mortgage Type
New Conventional
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
Bayse Elizabeth A $190,000 Seven Hills Setttlement
Bernard Scott H $147,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bayse Elizabeth A $191,919
Previous Owner Bernard Scott H $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/28/2020 08/28/20 Sold $190,000 -11.6% $152 / Sq Ft
07/13/2020 07/13/20 Pending -- -- --
05/08/2020 05/08/20 For Sale $214,900 +46.2% $172 / Sq Ft
06/12/2015 06/12/15 Sold $147,000 -8.1% $122 / Sq Ft View Prior Sale
05/20/2015 05/20/15 Pending -- -- --
10/28/2014 10/28/14 For Sale $159,900 -- $132 / 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 $976 $216,900 $45,000 $171,900
2024 $976 $216,900 $45,000 $171,900
2023 $976 $216,900 $45,000 $171,900
2022 $836 $160,700 $24,000 $136,700
2021 $836 $160,700 $24,000 $136,700
2020 $836 $141,700 $24,000 $117,700
2019 $836 $160,700 $24,000 $136,700
2018 $737 $141,700 $24,000 $117,700
2017 $737 $141,700 $24,000 $117,700
2016 $737 $141,700 $24,000 $117,700
2015 -- $141,700 $24,000 $117,700
2014 -- $136,300 $22,000 $114,300
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2020

    CHERYL R WALTON

    NextHome TwoFourFive

    (434) 382-1828

    4 in this area

    42 Total Sales

    CHERYL R WALTON
    Section Image

  • J

    Buyer's Agent in 2020

    Jennifer Goodman

    John Stewart Walker, Inc

    3 in this area

    36 Total Sales

    Jennifer Goodman
    Section Image

  • K

    Seller's Agent in 2015

    Kathy Carson

    Mark A. Dalton & Co., Inc.

    (434) 660-4025

    21 in this area

    61 Total Sales

    Kathy Carson
    Section Image

  • L

    Buyer's Agent in 2015

    Lisa Lanning

    Watts Auction Realty Appra Inc

See All Agents

Map

Source: Lynchburg Association of REALTORS®

MLS Number: 324849

APN: 011A-06006-002-0

Virginia Campbell County Lynchburg 24502

1448 Rainbow Forest Dr, Lynchburg, VA

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