NOT LISTED FOR SALE

1503 Traylor Ln Lynchburg, VA 24502

Estimated Value: $208,000 - $250,000

3 Beds
1 Bath
1,038 Sq Ft
$213/Sq Ft Est. Value

Last Sold May 25, 2018

Last sale price $105,000 $101 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $1,357/month

21 Days on Market

Highlights

  • Ranch Style House
  • Storm Windows
  • Central Air
  • Wood Flooring
  • Garden
  • Ceiling Fan

About This Home

As of May 2018

This home has 3 bedrooms, 1 bathroom, and an oversized lot in a desirable Lynchburg neighborhood - right off of Leesville. This is a great investment!! Has a newer heat pump. Huge basement - this is a fixer upper's dream. The bathroom in basement consists of a shower + toilet (not included when writing the comps to decide price)

Last Agent to Sell the Property

Stephen Acree

Keller Williams License #0225225687 Listed on: 03/30/2018

Keller Williams

Last Buyer's Agent

Sheena Frost

eXp Realty LLC-Stafford License #0225233082

eXp Realty LLC-Stafford

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,136

Year Built

  • Built in 1962

Lot Details

  • 0.54 Acre Lot
  • Garden

Home Design

  • Ranch Style House
  • Shingle Roof
  • Plaster

Interior Spaces

  • 1,038 Sq Ft Home
  • Ceiling Fan
  • Wood Burning Fireplace
  • Scuttle Attic Hole
  • Storm Windows
  • Electric Range
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Basement

  • Basement Fills Entire Space Under The House
  • Rough-In Basement Bathroom

Schools

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

Utilities

  • Central Air
  • Heating unit installed on the ceiling
  • Electric Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,136

Year Built

Built in 1962

Lot Details

0

Listing Details

  • FILLACRES: 0.5440
  • Directions: McVeigh to Middle St. Middle St. to Traylor Ln. House on the right
  • ElementarySchool7: Heritage Elem
  • HighSchool7: Heritage High
  • Lot Measurement: Acres
  • Lot Sq Ft: 23697.00
  • MiddleSchool7: Sandusky Midl
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • Year Built: 1962
  • Heating System: Electric Ceiling
  • Building Stories: One
  • Dwelling Styles: Ranch
  • Laundryroom Dim: 0.000 x 0.000
  • Living Room Dim: 18.000 x 13.000
  • Livingroom Len: 18.000
  • Livingroom Wid: 13.000
  • Masterbedroom Area: 154.000000
  • Master Bedroom Dim: 14.000 x 11.000
  • Masterbedroom Len: 14.000
  • Masterbedroom Wid: 11.000
  • Office Dim: 0.000 x 0.000
  • 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: GRAND VIEW, LOT 35C
  • Reciprocal Listing: No
  • Second Bedroom: 10x10 Level:
  • Second Bedroom Area: 100.000000
  • Third Bedroom: 10x12 Level:
  • Third Bedroom Area: 120.000000
  • Above Grade Finished Sq Ft: 1038.00
  • ApplianceConvey: Range-Elec
  • Has Attic: Scuttle
  • Has Basement: Full, Roughed in Bath
  • Flooring: Vinyl, Wood
  • Year Built Exception: 0
  • Fireplace: 1 Fireplace, Wood Burning
  • Level 1 Full Bathrooms: 1
  • Interior Amenities: Ceiling Fan(s), Plaster
  • Dining Kitchen: 18x10 Level:
  • Laundry: Dryer Connection, Washer Connections
  • Living Room: 18x13 Level:
  • Master Bedroom: 14x11 Level: Level 1 Above Grade
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 180.000000
  • LivingRoom Area: 234.000000
  • 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: Garden Space, Storm Windows

Garage/Parking

  • Carport: 14x22 Level:
  • Garage Dim: 0.000 x 0.000

Utilities

  • Air Conditioner: Central Electric
  • Sewer: City
  • Hot Water: City
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors

Schools

  • School District: Lynchburg
  • School District: Lynchburg

Lot Info

  • Lot Sq Ft: 1038.00
  • Zoning: R-1

Tax Info

  • Estimated Taxes: 1136

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2018
Closed on
May 14, 2018
Sold by
Webster Wayne W
Bought by
Parker David C and Parker Janel H
Seller's Agent
Stephen Acree
Keller Williams
Buyer's Agent
Sheena Frost
eXp Realty LLC-Stafford
List Price
$109,000
Sold Price
$105,000
Premium/Discount to List
-$4,000
-3.67%
Current Estimated Value
$228,120

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,120
Avg. Annual Appreciation
11.06%
Original Mortgage
$98,100
Outstanding Balance
$85,365
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$139,057
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
Parker David C $109,000 Old Republic National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parker David C $98,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2018 05/25/18 Sold $105,000 -3.7% $101 / Sq Ft
04/20/2018 04/20/18 Pending -- -- --
03/30/2018 03/30/18 For Sale $109,000 -- $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
2024 $1,363 $153,200 $34,000 $119,200
2023 $1,363 $153,200 $34,000 $119,200
2022 $1,305 $126,700 $30,000 $96,700
2021 $1,406 $126,700 $30,000 $96,700
2020 $1,191 $107,300 $30,000 $77,300
2019 $1,191 $107,300 $30,000 $77,300
2018 $1,147 $103,300 $27,000 $76,300
2017 $1,147 $103,300 $27,000 $76,300
2016 $1,147 $103,300 $27,000 $76,300
2015 $1,147 $103,300 $27,000 $76,300
2014 $1,147 $107,300 $27,000 $80,300
Source: Public Records

Agents Affiliated with this Home

  • Stephen Acree

    Seller's Agent in 2018

    Stephen Acree

    Keller Williams

    (434) 607-2976

    245 Total Sales

    Section Image

  • S

    Buyer's Agent in 2018

    Sheena Frost

    eXp Realty LLC-Stafford

    Section Image
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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 310862

APN: 255-05-010

Virginia Lynchburg City County Lynchburg 24502

1503 Traylor Ln, Lynchburg, VA

This home is located at 1503 Traylor Ln, Lynchburg, VA 24502 since 30 March 2018 and is currently estimated at $221,468, approximately $213 per square foot. This property was built in 1962. 1503 Traylor Ln is a home located in Lynchburg City with nearby schools including Heritage Elementary School, Sandusky Middle School, and Heritage High School.

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