NOT LISTED FOR SALE

1516 Cedar Creek Ln Lynchburg, VA 24503

Estimated Value: $567,000 - $609,000

4 Beds
3.5 Baths
3,234 Sq Ft
$183/Sq Ft Est. Value

Last Sold June 16, 2023

Last sale price $567,000 $175 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,317/month

7 Days on Market

Highlights

  • Barn
  • Cape Cod Architecture
  • Secluded Lot
  • Forest Middle School Rated A-
  • Wood Burning Stove
  • Wood Flooring

About This Home

As of June 2023

Open House Sunday 5/7 2pm-5pm. Secluded charming 4brm and 3.5 bath Cape Cod house on 6 acres with stocked pond. Sits between Forest and Boonsboro in great school district. Master bedroom and laundry on main level. Updated kitchen with copper farm sink. Wrap around deck with views of the forest. Mini farm with fencing and chicken coop. Vaulted ceilings and open floor plan. Many fruit trees, berry bushes and Permaculture Farming for the family that likes to live off the land! Dual heat pumps but could be heated by woodstove in basement. Pond stocked with Bass, Catfish etc. Nice relaxing gazebo by the pond. Country living but the convenience of stores and shopping. This home is on a private road!

Last Agent to Sell the Property

Leigh Habecker

Real Broker, LLC License #0225251262 Listed on: 05/03/2023

Real Broker, LLC

Last Buyer's Agent

Leigh Habecker

Real Broker, LLC License #0225251262 Listed on: 05/03/2023

Real Broker, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,701

Year Built

  • Built in 1997

Lot Details

  • 6.03 Acre Lot
  • Fenced Yard
  • Landscaped
  • Secluded Lot
  • Garden

HOA Fees

  • $33 Monthly HOA Fees

Parking

  • Circular Driveway

Home Design

  • Cape Cod Architecture
  • Shingle Roof

Interior Spaces

  • 3,234 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Great Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Storage In Attic
  • Storm Windows

Kitchen

  • Self-Cleaning Oven
  • Cooktop
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Bathtub Includes Tile Surround
  • Garden Bath

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

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

Schools

  • Boonsboro Elementary School
  • Forest Midl Middle School
  • Jefferson Forest-Hs High School

Utilities

  • Zoned Heating
  • Heat Pump System
  • Underground Utilities
  • Well
  • Electric Water Heater
  • Septic Tank
  • High Speed Internet

Additional Features

  • Shed
  • Barn

Community Details

  • Association fees include road maintenance

Listing and Financial Details

  • Assessor Parcel Number 82A28B

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,701

Year Built

Built in 1997

Lot Details

0

HOA Fees

$33 per month

Listing Details

  • FILLACRES: 6.0300
  • AssocFeeOptional: Required
  • BuildingOnProperty: Barn, Storage Building, Tractor Shed
  • Directions: Go to Hawkins Mill Road to Cedar Creek Lane and house is on the left. This is a private road
  • Internet Providers: Shentel
  • Lot Measurement: Acres
  • Lot Sq Ft: 262667.00
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 82A28B
  • Year Built: 1997
  • FullBathBelowGrade: 1
  • Heating System: Heat Pump, Two-Zone, Wood Stove
  • Building Stories: Three Or More
  • Dwelling Styles: Cape Cod
  • Laundryroom Dim: 10.000 x 10.000
  • Laundryroom Len: 10.000
  • Living Room Dim: 0.000 x 0.000
  • Masterbedroom Area: 192.000000
  • Master Bedroom Dim: 16.000 x 12.000
  • Masterbedroom Len: 16.000
  • Masterbedroom Wid: 12.000
  • Office Dim: 0.000 x 0.000
  • Other Room1 Area: 140.000000
  • Other Room1 Len: 14.000
  • 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
  • High School2: Jefferson Forest-HS
  • Legal Description: NEW LOT PB 60/77
  • Middle School2: Forest Midl
  • Reciprocal Listing: No
  • Second Bedroom: 16x13 Level: Level 2 Above Grade
  • Second Bedroom Area: 208.000000
  • Third Bedroom: 15x11 Level: Level 2 Above Grade
  • Third Bedroom Area: 165.000000
  • Fourth Bedroom: 24x10 Level: Below Grade
  • Fourth Bedroom Area: 240.000000
  • Above Grade Finished Sq Ft: 1955.00
  • ApplianceConvey: Cooktop, Dishwasher, Dryer, Refrigerator, Self Cleaning Oven, Washer
  • Has Attic: Storage Only
  • Has Basement: Exterior Entrance, Finished, Full, Heated, Interior Entrance, Walkout
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Year Built Exception: 0
  • Family Room: 19x15 Level: Level 1 Above Grade
  • Fireplace: 1 Fireplace, Living Room, Wood Burning
  • Formal Dining: 13x11 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 1
  • Level 2 Full Bathrooms: 1
  • Great Room: 19x13 Level: Below Grade
  • First Level Half Bathrooms: 1
  • Interior Amenities: Ceiling Fan(s), Drywall, Garden Tub, Great Room, High Speed Data Aval, Main Level Bedroom, Main Level Den, Master Bed w/ Bath, Separate Dining Room, Tile Bath(s), Walk-In Closet(s)
  • Laundry: Laundry Room, Main Level
  • Laundry Room: 10x10 Level: Level 1 Above Grade
  • Master Bedroom: 16x12 Level: Level 1 Above Grade
  • Other Room 1: 14x10 Level: Below Grade
  • Additional Room 1 Description: office
  • FamilyRoom Area: 285.000000
  • GreatRoom Area: 247.000000
  • Livinggreat Room Dim: 19.000 x 13.000
  • Laundry Room Area: 100.000000
  • Est Other Room1 Dim: 14.000 x 10.000
  • 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: Circular Drive, Fenced Yard, Garden Space, Landscaped, Secluded Lot, Storm Windows, Undergrnd Utilities

Garage/Parking

  • Garage Dim: 0.000 x 0.000

Utilities

  • Air Conditioner: Heat Pump
  • Sewer: Septic Tank
  • Hot Water: Well
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA Fee Frequency: Yearly
  • HOA Includes: Road Maintenance
  • HOA: Lynchburg Board of Realtors
  • Association Fee: 400.00

Schools

  • School District: Bedford
  • Elementary School #2: Boonsboro Elem
  • School District: Bedford

Lot Info

  • Lot Sq Ft: 3234.00

Tax Info

  • Estimated Taxes: 1701

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2023
Closed on
Jun 14, 2023
Sold by
Korajac Zoran and Korajac Jill Limburg
Bought by
Ostrowski Luke P and Tiiomason Louisa
Seller's Agent
Leigh Habecker
Real Broker, LLC
Buyer's Agent
Leigh Habecker
Real Broker, LLC
List Price
$565,000
Sold Price
$567,000
Premium/Discount to List
$2,000
0.35%
Views
73
Current Estimated Value
$590,481

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,481
Avg. Annual Appreciation
1.76%
Original Mortgage
$510,300
Outstanding Balance
$492,816
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$97,665

Purchase Details

Listed on
Apr 30, 2021
Closed on
May 27, 2021
Sold by
Nelson Jason Patrick Lane and Nelson Erin E
Bought by
Korajac Zoran and Korajac Jill Limburg
Seller's Agent
Daniele Mason
Blickenstaff & Company, Realto
Buyer's Agent
Daniele Mason
Blickenstaff & Company, Realto
List Price
$474,900
Sold Price
$496,000
Premium/Discount to List
$21,100
4.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.81%

Purchase Details

Closed on
Jun 5, 2020
Sold by
Alty Antoinette P
Bought by
Nelson Jason Patrick Lane and Nelson Erin E

Purchase Details

Listed on
Nov 9, 2012
Closed on
Jan 31, 2013
Sold by
Massie David Taylor and Massie Jenifer Alty
Bought by
Nelson Jason Patrick Lane and Nelson Erin E
Seller's Agent
Kensie Johnson
John Stewart Walker, Inc
Buyer's Agent
DeAnn Brown
Long & Foster-Forest
List Price
$304,900
Sold Price
$300,500
Premium/Discount to List
-$4,400
-1.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.48%
Original Mortgage
$306,632
Interest Rate
3.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 15, 2010
Sold by
Massie David Taylor and Massie Jenifer Alty
Bought by
Alty Charles M and Alty Antoinette P
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Ostrowski Luke P -- None Listed On Document
Korajac Zoran $496,000 Performance Title
Nelson Jason Patrick Lane -- None Listed On Document
Nelson Jason Patrick Lane $300,500 Fidelity National
Alty Charles M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ostrowski Luke P $510,300
Previous Owner Nelson Jason Patrick Lane $306,632
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/16/2023 06/16/23 Sold $567,000 +0.4% $175 / Sq Ft
05/10/2023 05/10/23 Pending -- -- --
05/03/2023 05/03/23 For Sale $565,000 +13.9% $175 / Sq Ft
06/04/2021 06/04/21 Sold $496,000 +4.4% $152 / Sq Ft View Prior Sale
05/03/2021 05/03/21 Pending -- -- --
04/30/2021 04/30/21 For Sale $474,900 +58.0% $145 / Sq Ft
02/15/2013 02/15/13 Sold $300,500 -1.4% $92 / Sq Ft View Prior Sale
02/11/2013 02/11/13 Pending -- -- --
11/09/2012 11/09/12 For Sale $304,900 -- $93 / 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 $1,833 $447,000 $125,300 $321,700
2024 $1,833 $447,000 $125,300 $321,700
2023 $1,833 $223,500 $0 $0
2022 $1,636 $163,600 $0 $0
2021 $1,595 $319,000 $82,000 $237,000
2020 $1,595 $319,000 $82,000 $237,000
2019 $1,595 $319,000 $82,000 $237,000
2018 $1,460 $280,800 $72,000 $208,800
2017 $1,460 $280,800 $72,000 $208,800
2016 $1,460 $280,800 $72,000 $208,800
2015 $1,460 $280,800 $72,000 $208,800
2014 $1,387 $266,700 $67,000 $199,700
Source: Public Records

Agents Affiliated with this Home

  • Leigh Habecker

    Seller's Agent in 2023

    Leigh Habecker

    Real Broker, LLC

    (434) 660-3312

    32 Total Sales

    Leigh Habecker
    Section Image

  • D

    Seller's Agent in 2021

    Daniele Mason

    Blickenstaff & Company, Realto

    (434) 444-3888

    137 Total Sales

    Daniele Mason
    Section Image

  • K

    Seller's Agent in 2013

    Kensie Johnson

    John Stewart Walker, Inc

    (434) 941-9749

    154 Total Sales

    Kensie Johnson
    Section Image

  • D

    Buyer's Agent in 2013

    DeAnn Brown

    Long & Foster-Forest

    (434) 316-6100

    46 Total Sales

    DeAnn Brown
    Section Image
See All Agents

Map

Source: Lynchburg Association of REALTORS®

MLS Number: 343902

APN: 82-A-28B

Virginia Bedford County Lynchburg 24502

1516 Cedar Creek Ln, Lynchburg, VA

This home is located at 1516 Cedar Creek Ln, Lynchburg, VA 24503 since 03 May 2023 and is currently estimated at $590,481, approximately $182 per square foot. This property was built in 1997. 1516 Cedar Creek Ln is a home located in Bedford County with nearby schools including Boonsboro Elementary School, Forest Middle School, and Jefferson Forest High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed to be reliable but not guaranteed.

Nearby Homes