NOT LISTED FOR SALE

148 Addie Way Lynchburg, VA 24501

Estimated Value: $402,000 - $430,000

4 Beds
3.5 Baths
2,660 Sq Ft
$156/Sq Ft Est. Value

Last Sold June 06, 2023

Last sale price $395,000 $148 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,285/month

12 Days on Market

Highlights

  • Spa
  • Wood Flooring
  • Great Room
  • Cape Cod Architecture
  • Main Floor Bedroom
  • Walk-In Closet

About This Home

As of June 2023

This beautiful 4 bed, 3.5 bath cape cod in highly sought after Russell Springs is back on the market due to circumstances of previous out of state buyers. Just minutes from the Lynchburg airport and Liberty University, this move-in ready home has everything on your list: a main level master, open floor plan, large bedrooms with walk-in closets, and a fully finished, walk-out basement apartment with kitchen that can be used for rental income, an in-law suite, or extra living space. Expansive front porch with composite decking boasts some of the best views in the neighborhood, and a large flat back yard is ideal for kids and pets. Back deck flows to a stone patio with cedar privacy fence, pre-wired for your hot tub. A two-car garage and open attic space provides plenty of storage. Roof replaced with architectural shingles (2017) and two high efficiency heat pumps (2019). If you're looking for a well-maintained home with low county taxes close to everything in Lynchburg, this is it!

Last Agent to Sell the Property

Michael Strobel

Mark A. Dalton & Co., Inc. License #0225240501 Listed on: 04/26/2023

Last Buyer's Agent

Amy Martin

Legacy Realty and Development License #0225207109

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $972

Year Built

  • Built in 2004

Lot Details

  • 0.34 Acre Lot
  • Landscaped
  • Garden

Home Design

  • Cape Cod Architecture
  • Poured Concrete
  • Shingle Roof

Interior Spaces

  • 2,660 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Great Room
  • Attic Access Panel
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl Plank

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • Walk-In Closet

Laundry

  • Laundry Room
  • Laundry on main level

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Apartment Living Space in Basement

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Pool

  • Spa

Schools

  • Yellow Branch Elementary School
  • Rustburg Midl Middle School
  • Rustburg High School

Utilities

  • Zoned Heating and Cooling
  • Heat Pump System
  • Underground Utilities
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 22G-3-6

Home Details

Home Type

Single Family

Est. Annual Taxes

$972

Year Built

Built in 2004

Lot Details

0

Listing Details

  • FILLACRES: 0.3400
  • Directions: 29 South to Left on English Tavern to Left on Russell Springs to Right on Addie Way to 148 on Left.
  • ElementarySchool4: Yellow Branch Elem
  • HighSchool4: Rustburg High
  • Internet Providers: Shentel
  • Lot Measurement: Acres
  • Lot Sq Ft: 14810.00
  • MiddleSchool4: Rustburg Midl
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 22G-3-6
  • Year Built: 2004
  • FullBathBelowGrade: 1
  • Heating System: Heat Pump, Two-Zone
  • Building Stories: One and One Half
  • Dwelling Styles: Cape Cod
  • Laundryroom Dim: 0.000 x 0.000
  • Living Room Dim: 0.000 x 0.000
  • Masterbedroom Area: 208.000000
  • Master Bedroom Dim: 16.000 x 13.000
  • Masterbedroom Len: 16.000
  • Masterbedroom Wid: 13.000
  • Office Dim: 0.000 x 0.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 4.00
  • Bathrooms Display: 4 (3 1)
  • Lower Floor 1 Bedrooms: 4
  • Broker Approved: Yes
  • Legal Description: RUSSELL SPRINGS LOT 6 SEC 3
  • Reciprocal Listing: No
  • Second Bedroom: 13x13 Level: Level 2 Above Grade
  • Second Bedroom Area: 169.000000
  • Third Bedroom: 16x13 Level: Level 2 Above Grade
  • Third Bedroom Area: 208.000000
  • Fourth Bedroom: 11x11 Level: Below Grade
  • Fourth Bedroom Area: 121.000000
  • Above Grade Finished Sq Ft: 1596.00
  • ApplianceConvey: Dishwasher, Microwave, Range-Elec, Refrigerator
  • Has Attic: Access
  • Has Basement: Apartment, Finished, Heated, Poured Concrete, Walkout
  • Flooring: Carpet, Hardwood, Tile, Vinyl Plank
  • Year Built Exception: 0
  • Deck: 16x16 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 1
  • Level 2 Full Bathrooms: 1
  • Great Room: 20x15 Level: Level 1 Above Grade
  • First Level Half Bathrooms: 1
  • Interior Amenities: Apartment, Cable Connections, Ceiling Fan(s), Drywall, Great Room, Main Level Bedroom, Master Bed w/ Bath, Smoke Alarm, Walk-In Closet(s)
  • Dining Kitchen: 12x16 Level: Level 1 Above Grade
  • Laundry: Laundry Room, Main Level
  • Master Bedroom: 16x13 Level: Level 1 Above Grade
  • Porch: 38x6 Level:
  • GreatRoom Area: 300.000000
  • Livinggreat Room Dim: 20.000 x 15.000
  • Kitchen Area: 192.000000
  • Est Other Room1 Dim: 0.000 x 0.000
  • 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: Off-Street Parking, Paved Drive, Concrete Drive, Garden Space, Hot Tub, Landscaped, Undergrnd Utilities

Garage/Parking

  • Attached Garage: 2 Car
  • Garage Spaces: Garage Door Opener
  • Garage Area: 420.000000
  • Garage Dim: 21.000 x 20.000
  • GarageLen: 21.000
  • GarageWid: 20.000

Utilities

  • Utility Electric: AEP/Appalachian Powr
  • Air Conditioner: Heat Pump, Two-Zone
  • Sewer: County
  • Hot Water: County
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors

Schools

  • School District: Campbell

Lot Info

  • Lot Sq Ft: 2660.00

Tax Info

  • Estimated Taxes: 972

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2023
Closed on
May 30, 2023
Sold by
Mccarty Addison K
Bought by
Cowley Amanda Morgan and Cowley Nathan James
Seller's Agent
Michael Strobel
Mark A. Dalton & Co., Inc.
Buyer's Agent
Amy Martin
Legacy Realty and Development
List Price
$389,900
Sold Price
$395,000
Premium/Discount to List
$5,100
1.31%
Views
90
Current Estimated Value
$415,300

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,300
Avg. Annual Appreciation
2.02%
Original Mortgage
$383,150
Outstanding Balance
$372,979
Interest Rate
6.43%
Mortgage Type
New Conventional
Estimated Equity
$42,321

Purchase Details

Listed on
Dec 12, 2011
Closed on
Jun 12, 2012
Sold by
Houston Timothy A
Bought by
Mccarty Addison K and Letterman Morgan E
Seller's Agent
O.J. Misjuns
Century 21 ALL-SERVICE
Buyer's Agent
O.J. Misjuns
Century 21 ALL-SERVICE
List Price
$199,900
Sold Price
$193,500
Premium/Discount to List
-$6,400
-3.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.72%
Original Mortgage
$197,448
Interest Rate
3.9%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Cowley Amanda Morgan $395,000 Old Republic National Title
Mccarty Addison K $193,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cowley Amanda Morgan $383,150
Previous Owner Mccarty Addison K $197,448
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/06/2023 06/06/23 Sold $395,000 +1.3% $148 / Sq Ft
05/08/2023 05/08/23 Pending -- -- --
05/04/2023 05/04/23 For Sale $389,900 0.0% $147 / Sq Ft
04/28/2023 04/28/23 Pending -- -- --
04/26/2023 04/26/23 For Sale $389,900 +101.5% $147 / Sq Ft
06/14/2012 06/14/12 Sold $193,500 -3.2% $117 / Sq Ft View Prior Sale
03/27/2012 03/27/12 Pending -- -- --
12/12/2011 12/12/11 For Sale $199,900 -- $121 / 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 $1,212 $269,300 $40,000 $229,300
2024 $1,212 $269,300 $40,000 $229,300
2023 $1,212 $269,300 $40,000 $229,300
2022 $972 $187,000 $36,000 $151,000
2021 $972 $187,000 $36,000 $151,000
2020 $972 $187,000 $36,000 $151,000
2019 $972 $187,000 $36,000 $151,000
2018 $1,103 $212,100 $36,000 $176,100
2017 $1,103 $212,100 $36,000 $176,100
2016 $1,103 $212,100 $36,000 $176,100
2015 -- $212,100 $36,000 $176,100
2014 -- $204,700 $36,000 $168,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 343775

APN: 22G-3-6