NOT LISTED FOR SALE

1501 Somerset Dr Lynchburg, VA 24503

Bedford Hills Neighborhood

Estimated Value: $380,000 - $490,295

4 Beds
4 Baths
3,617 Sq Ft
$123/Sq Ft Est. Value

About This Home

This home is located at 1501 Somerset Dr, Lynchburg, VA 24503 and is currently estimated at $445,074, approximately $123 per square foot. 1501 Somerset Dr is a home located in Lynchburg City with nearby schools including Bedford Hills Elementary School, Linkhorne Middle School, and E.C. Glass High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 18, 2022
Sold by
Taylor Polly W
Bought by
Mcswain Allyson Taylor and Mcswain Christopher M
Current Estimated Value
$445,074

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,030
Outstanding Balance
$123,989
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$291,705

Purchase Details

Closed on
Feb 14, 2012
Sold by
Watkins Vicki S and Fisher Linda S
Bought by
Taylor Polly W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 23, 2008
Sold by
Fields Mary H
Bought by
Langley Wendy F and Fremd Harry L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,281
Interest Rate
6.22%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 15, 2008
Sold by
Sharp Chester G Danieley
Bought by
Watkins Vicki S and Fisher Linda S
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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
Mcswain Allyson Taylor $146,700 Pike Aaron R
Taylor Polly W -- None Available
Langley Wendy F $132,000 None Available
Watkins Vicki S -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcswain Allyson $25,000
Open Mcswain Allyson Taylor $132,030
Previous Owner Taylor Polly W $130,000
Previous Owner Taylor Polly W $112,000
Previous Owner Langley Wendy F $127,281
Source: Public Records

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 $2,454 $275,700 $52,500 $223,200
2023 $2,454 $275,700 $52,500 $223,200
2022 $2,301 $223,400 $45,000 $178,400
2021 $2,480 $223,400 $45,000 $178,400
2020 $1,824 $164,300 $45,000 $119,300
2019 $1,824 $164,300 $45,000 $119,300
2018 $1,677 $155,100 $40,000 $115,100
2017 $1,722 $155,100 $40,000 $115,100
2016 $1,633 $147,100 $32,000 $115,100
2015 $1,633 $147,100 $32,000 $115,100
2014 $1,633 $154,100 $32,000 $122,100
Source: Public Records

Map

Virginia Lynchburg City County Lynchburg 24503 Bedford Hills

1501 Somerset Dr, Lynchburg, VA

This home is located at 1501 Somerset Dr, Lynchburg, VA 24503 and is currently estimated at $445,074, approximately $123 per square foot. 1501 Somerset Dr is a home located in Lynchburg City with nearby schools including Bedford Hills Elementary School, Linkhorne Middle School, and E.C. Glass High School.

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