NOT LISTED FOR SALE

1507 Ramsgate Ln Lynchburg, VA 24501

Blue Ridge Farms Neighborhood

Estimated Value: $223,339 - $291,000

-- Bed
2 Baths
1,750 Sq Ft
$149/Sq Ft Est. Value

Last Sold July 28, 2014

Last sale price $149,900 $86 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $1,545/month

14 Days on Market

About This Home

As of July 2014

Tenants pay utilities

Last Agent to Sell the Property

Jackie Kramar

Harmony Homes & Land License #0225161405 Listed on: 06/02/2014

Last Buyer's Agent

Jackie Kramar

Harmony Homes & Land License #0225161405 Listed on: 06/02/2014

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,523

Year Built

  • Built in 1989

Lot Details

  • 0.35 Acre Lot

Home Design

  • 1,750 Sq Ft Home

Flooring

  • Carpet
  • Vinyl

Parking

  • 2 Parking Spaces
  • Unpaved Driveway

Schools

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

Utilities

  • Heat Pump System
  • Electric Water Heater

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Water Meters
  • Insurance Expense $481
  • New Taxes Expense $380
  • Gross Income $14,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,523

Year Built

Built in 1989

Lot Details

0

Listing Details

  • FILLACRES: 0.3520
  • Directions: Old Forest Rd. to Wiggington, R on Craigmont, L on Ashborne, R on Craigmont, L on Ramsgate
  • ElementarySchool7: Linkhorne Elem
  • HighSchool7: E. C. Glass High
  • Lot Measurement: Acres
  • Lot Sq Ft: 15333.00
  • MiddleSchool7: Linkhorne Midl
  • Days On Market: No
  • Property Subtype1: Multi-Family
  • Prop. Type: Multi-Family
  • OFFICELIST_STATE: VA
  • Year Built: 1989
  • Heating System: Heat Pump
  • Unit Info Number Unfurnished Units: 2
  • Taxes Expense: 380.00
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Broker Approved: Yes
  • Legal Description: Blue Ridge Farms
  • Reciprocal Listing: No
  • Flooring: Carpet, Vinyl
  • Year Built Exception: 0
  • Walls: Drywall

Garage/Parking

  • Parking: 2 Spaces/Unit, Unpaved Drive

Utilities

  • Cooling: Heat Pump
  • Sewer: City
  • Hot Water: City
  • Water Heater: Electric
  • Number Of Water Meters: 2

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors

Fee Information

  • Insurance Expenses: 481.00

Schools

  • School District: Lynchburg
  • School District: Lynchburg

Lot Info

  • Lot Sq Ft: 1750.00
  • Zoning: R-3

Tax Info

  • Estimated Taxes: 1523

Multi Family

  • Annual Gross Income: 14400.00
  • Total Number Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2014
Closed on
Jul 21, 2014
Sold by
Rodriguez Kenneth A and Rodriguez Jackeline C
Bought by
Campbell Thomas W
Seller's Agent
Jackie Kramar
Harmony Homes & Land
Buyer's Agent
Jackie Kramar
Harmony Homes & Land
List Price
$149,900
Sold Price
$149,900
Current Estimated Value
$256,563

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,663
Avg. Annual Appreciation
4.65%
Original Mortgage
$153,122
Interest Rate
4.18%
Mortgage Type
VA

Purchase Details

Closed on
Aug 11, 2006
Sold by
Ecp Llc
Bought by
Rodriguez Kenneth A and Rodriguez Jackline C

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
7.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 10, 2006
Sold by
Gantt Investment Corp
Bought by
Ecp Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
6.26%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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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
Campbell Thomas W $149,900 None Available
Rodriguez Kenneth A -- None Available
Ecp Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Compbell Thomas W $134,962
Closed Campbell Thomas W $153,122
Previous Owner Rodriguez Kenneth A $112,000
Previous Owner Ecp Llc $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2014 07/28/14 Sold $149,900 0.0% $86 / Sq Ft
06/16/2014 06/16/14 Pending -- -- --
06/02/2014 06/02/14 For Sale $149,900 -- $86 / 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 $1,682 $189,000 $32,000 $157,000
2023 $1,682 $189,000 $32,000 $157,000
2022 $1,578 $153,200 $27,000 $126,200
2021 $1,701 $153,200 $27,000 $126,200
2020 $1,606 $144,700 $27,000 $117,700
2019 $1,606 $144,700 $27,000 $117,700
2018 $1,523 $137,200 $25,000 $112,200
2017 $1,523 $137,200 $25,000 $112,200
2016 $1,523 $137,200 $25,000 $112,200
2015 $1,523 $137,200 $25,000 $112,200
2014 $1,523 $145,700 $25,000 $120,700
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2014

    Jackie Kramar

    Harmony Homes & Land

    (434) 841-9200

    14 Total Sales

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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 285721

APN: 221-03-001

Virginia Lynchburg City County Lynchburg 24501 Blue Ridge Farms

1507 Ramsgate Ln, Lynchburg, VA

This home is located at 1507 Ramsgate Ln, Lynchburg, VA 24501 since 02 June 2014 and is currently estimated at $260,085, approximately $148 per square foot. This property was built in 1989. 1507 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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