NOT LISTED FOR SALE

1523 Walnut Hollow Rd Lynchburg, VA 24503

Estimated Value: $518,203 - $623,000

4 Beds
2 Baths
2,607 Sq Ft
$220/Sq Ft Est. Value

Last Sold April 27, 2017

Last sale price $339,900 $130 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $3,201/month

34 Days on Market

Highlights

  • Wood Flooring
  • Main Floor Bedroom
  • Walk-In Closet
  • Forest Middle School Rated A-
  • Great Room with Fireplace
  • Laundry Room

About This Home

As of April 2017

Stunningly beautiful home, JF schools, and just the floor plan you've been dreaming of! You'll love the fabulous 1+ acre lot with mature trees, mountain views, nicely landscaped. Step inside to elegance with coffered ceilings, stacked stone floor-to-ceiling fireplace, beautiful windows for optimum natural lighting, main level master, gleaming hardwoods, and more. Gorgeous kitchen with granite, massive island for seating, stainless appliances, beautiful breakfast nook open to the covered porch overlooking the lush backyard. You'll be amazed at the beautiful master with lovely windows, tray ceiling, his/hers closets, master bath with over-sized tile shower, dual vanity, Jacuzzi tub. Two other spacious bedrooms with full bath on main level, laundry room, 2-car garage. Second level boasts huge bonus room, large storage room, plus the full basement is ready to be finished or used as storage space. Don't miss this amazing home, priced to Sell!!

Last Agent to Sell the Property

Nadine Blakely

Re/Max 1st Olympic License #0225103715 Listed on: 03/24/2017

Re/Max 1st Olympic

Last Buyer's Agent

Mitch Copenhaver

Long & Foster-Forest License #0225060624

Long & Foster-Forest

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,500

Year Built

  • Built in 2014

Lot Details

  • 1.01 Acre Lot
  • Property is zoned R1

Home Design

  • Shingle Roof

Interior Spaces

  • 2,607 Sq Ft Home
  • 2-Story Property
  • Great Room with Fireplace
  • Attic Access Panel

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub Includes Tile Surround

Laundry

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

Basement

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

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Schools

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

Utilities

  • Heat Pump System
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 63A43D

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,500

Year Built

Built in 2014

Lot Details

0

Listing Details

  • FILLACRES: 1.0100
  • Directions: 501N to left on Coffee Road to right on Walnut Hollow Road. Go down about half a mile and you will see the sign on the right.
  • Lot Measurement: Acres
  • Lot Sq Ft: 43996.00
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 63A43D
  • Year Built: 2014
  • Heating System: Heat Pump
  • Building Stories: One and One Half
  • Dwelling Styles: Two Story
  • Foyer Area: 99.000000
  • Laundryroom Dim: 7.000 x 7.000
  • Laundryroom Len: 7.000
  • Living Room Dim: 0.000 x 0.000
  • Masterbedroom Area: 240.000000
  • Master Bedroom Dim: 16.000 x 15.000
  • Masterbedroom Len: 16.000
  • Masterbedroom Wid: 15.000
  • Office Dim: 0.000 x 0.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 2.00
  • Bathrooms Display: 2 (2 0)
  • Lower Floor 1 Bedrooms: 4
  • Broker Approved: Yes
  • High School2: Jefferson Forest-HS
  • Legal Description: Lot 4 Walnut Hollow Rd
  • Middle School2: Forest Midl
  • Reciprocal Listing: No
  • Second Bedroom: 12x12 Level: Level 1 Above Grade
  • Second Bedroom Area: 144.000000
  • Third Bedroom: 12x12 Level: Level 1 Above Grade
  • Third Bedroom Area: 144.000000
  • Fourth Bedroom: 25x22 Level: Level 1 Above Grade
  • Fourth Bedroom Area: 550.000000
  • Above Grade Finished Sq Ft: 2607.00
  • ApplianceConvey: Dishwasher, Microwave, Range-Elec
  • Has Attic: Access
  • Has Basement: Exterior Entrance, Full, Interior Entrance, Walkout
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Year Built Exception: 0
  • Deck: 17x11 Level: Level 1 Above Grade
  • Family Room: 19x16 Level: Level 1 Above Grade
  • Fireplace: 1 Fireplace, Great Room
  • Formal Dining: 12x12 Level: Level 1 Above Grade
  • Foyer: 11x9 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 2
  • Interior Amenities: Cable Available, Cable Connections, Tile Bath(s), Drywall, Great Room, Main Level Bedroom, Master Bed w/ Bath, Walk-In Closet(s)
  • Dining Kitchen: 19x13 Level: Level 1 Above Grade
  • Laundry: Dryer Connection, Laundry Room, Main Level, Washer Connections
  • Laundry Room: 7x7 Level: Level 1 Above Grade
  • Master Bedroom: 16x15 Level: Level 1 Above Grade
  • FamilyRoom Area: 304.000000
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 247.000000
  • Laundry Room Area: 49.000000
  • 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

  • Lot Number: 4
  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: Concrete Drive
  • Patio: 117x11 Level: Below Grade

Garage/Parking

  • Attached Garage: 2 Car
  • Garage Spaces: Garage Door Opener
  • Garage Area: 825.000000
  • Garage Dim: 33.000 x 25.000
  • GarageLen: 33.000
  • GarageWid: 25.000

Utilities

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

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors

Schools

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

Lot Info

  • Lot Sq Ft: 2607.00
  • Zoning: R1

Tax Info

  • Estimated Taxes: 1500

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 3, 2025
Sold by
Olson Gary T and Olson Corianne
Bought by
Saum Mitchell E and Saum Ashley P
Current Estimated Value
$573,051

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Outstanding Balance
$399,328
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$173,723

Purchase Details

Listed on
Mar 24, 2017
Closed on
Apr 21, 2017
Sold by
Gish Eric E and Gish Connie J
Bought by
Olson Gary T and Olson Corianne
Seller's Agent
Nadine Blakely
Re/Max 1st Olympic
Buyer's Agent
Mitch Copenhaver
Long & Foster-Forest
List Price
$339,900
Sold Price
$339,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.37%
Original Mortgage
$305,910
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 29, 2016
Sold by
Gish Marshall Edwin and Gish Phyllis Jo
Bought by
Gish Eric E and Gish Connie J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 17, 2014
Closed on
Aug 22, 2014
Sold by
Thomas Builders Of Virginia Inc
Bought by
Gish Marshall Edwin and Gish Phyllis Jo
Seller's Agent
Lauren Bell
Lauren Bell Real Estate, Inc.
Buyer's Agent
Patty Meyers
Long & Foster-Forest
List Price
$309,900
Sold Price
$316,465
Premium/Discount to List
$6,565
2.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.47%
Original Mortgage
$251,200
Interest Rate
4.29%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Saum Mitchell E $550,000 Chicago Title Insurance Compan
Olson Gary T $339,900 Mid States Title
Gish Eric E $306,250 Virginia Title Center Llc
Gish Marshall Edwin $316,465 Mid State S Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Saum Mitchell E $400,000
Previous Owner Olson Gary T $305,910
Previous Owner Gish Eric E $245,000
Previous Owner Gish Marshall Edwin $251,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/27/2017 04/27/17 Sold $339,900 0.0% $130 / Sq Ft
04/27/2017 04/27/17 Pending -- -- --
03/24/2017 03/24/17 For Sale $339,900 +7.4% $130 / Sq Ft
08/22/2014 08/22/14 Sold $316,465 +2.1% $121 / Sq Ft View Prior Sale
08/21/2014 08/21/14 Pending -- -- --
01/17/2014 01/17/14 For Sale $309,900 -- $119 / 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 $1,943 $473,800 $70,000 $403,800
2024 $1,943 $473,800 $70,000 $403,800
2023 $1,943 $236,900 $0 $0
2022 $1,695 $169,450 $0 $0
2021 $1,695 $338,900 $55,000 $283,900
2020 $1,695 $338,900 $55,000 $283,900
2019 $1,695 $338,900 $55,000 $283,900
2018 $1,636 $314,600 $50,000 $264,600
2017 $1,636 $314,600 $50,000 $264,600
2016 $1,636 $314,600 $50,000 $264,600
2015 $1,636 $314,600 $50,000 $264,600
2014 $260 $50,000 $30,000 $20,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 304132

APN: 63-A-43D