NOT LISTED FOR SALE

1529 Rainbow Forest Dr Lynchburg, VA 24502

Estimated Value: $269,000 - $326,000

3 Beds
2.5 Baths
2,429 Sq Ft
$127/Sq Ft Est. Value

Last Sold February 03, 2023

Last sale price $275,000 $113 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $1,696/month

53 Days on Market

Highlights

  • Creek or Stream View
  • Ranch Style House
  • Ceiling Fan
  • Multiple Fireplaces
  • Wood Flooring

About This Home

As of February 2023

Large brick ranch in great condition in the Brookville school district. This home sets on a large corner lot over 3/4 of an acre, with a nice creek. Newer roof, hardwood floors, new fixtures, wood burning fireplace in the basement and so much more. Make your appointment today to see this lovely home.

Last Agent to Sell the Property

Jason Hinds

DeWitt Real Estate & Auctions License #0225059362 Listed on: 07/08/2022

Last Buyer's Agent

James Enoch

Blackwater Property Management License #0225230284

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,014

Year Built

  • Built in 1964

Lot Details

  • 0.85 Acre Lot

Home Design

  • Ranch Style House
  • Shingle Roof

Interior Spaces

  • 2,429 Sq Ft Home
  • Ceiling Fan
  • Multiple Fireplaces
  • Creek or Stream Views
  • Attic Access Panel

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Vinyl Plank

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathtub Includes Tile Surround

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Interior and Exterior Basement Entry
  • Fireplace in Basement
  • Laundry in Basement

Schools

  • Tomahawk Elementary School
  • Brookville Midl Middle School
  • Brookville High School

Utilities

  • Heat Pump System
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 11A-6-7-28

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,014

Year Built

Built in 1964

Lot Details

0

Listing Details

  • FILLACRES: 0.8500
  • Directions: Timberlake Rd. to Laxton Rd. to Rainbow Forest Dr. to home on the left on the corner
  • ElementarySchool4: Tomahawk Elem
  • HighSchool4: Brookville High
  • Lot Measurement: Acres
  • Lot Sq Ft: 37026.00
  • MiddleSchool4: Brookville Midl
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 11A-6-7-28
  • Year Built: 1964
  • FullBathBelowGrade: 1
  • Heating System: Heat Pump
  • Building Stories: One
  • Dwelling Styles: Ranch
  • Foyer Area: 40.000000
  • Laundryroom Dim: 8.000 x 8.000
  • Laundryroom Len: 8.000
  • Living Room Dim: 15.000 x 12.000
  • Livingroom Len: 15.000
  • Livingroom Wid: 12.000
  • Masterbedroom Area: 143.000000
  • Master Bedroom Dim: 13.000 x 11.000
  • Masterbedroom Len: 13.000
  • Masterbedroom Wid: 11.000
  • Office Dim: 0.000 x 0.000
  • Sun Room Len: 21.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 3.00
  • Bathrooms Display: 3 (2 1)
  • Lower Floor 1 Bedrooms: 3
  • Broker Approved: Yes
  • Legal Description: LOT 28 BK 7 SEC 1 RAINBOW FOREST
  • Reciprocal Listing: No
  • Second Bedroom: 12x9 Level: Level 1 Above Grade
  • Second Bedroom Area: 108.000000
  • Third Bedroom: 12x10 Level: Level 1 Above Grade
  • Third Bedroom Area: 120.000000
  • Above Grade Finished Sq Ft: 1729.00
  • ApplianceConvey: Dishwasher, Microwave, Range-Elec, Refrigerator
  • Has Attic: Access
  • Has Basement: Exterior Entrance, Finished, Fireplace, Heated, Interior Entrance, Walkout
  • Breakfast Area: 8x8 Level: Level 1 Above Grade
  • Flooring: Hardwood, Vinyl Plank
  • Year Built Exception: 0
  • Family Room: 21x13 Level: Level 1 Above Grade
  • Fireplace: 2 Fireplaces
  • Formal Dining: 12x10 Level: Level 1 Above Grade
  • Foyer: 8x5 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 1
  • First Level Half Bathrooms: 1
  • Interior Amenities: Cable Connections, Ceiling Fan(s), Main Level Bedroom, Tile Bath(s)
  • Dining Kitchen: 11x11 Level: Level 1 Above Grade
  • Laundry: Basement
  • Laundry Room: 8x8 Level: Below Grade
  • Living Room: 15x12 Level: Level 1 Above Grade
  • Master Bedroom: 13x11 Level: Level 1 Above Grade
  • Porch: 20x4 Level: Level 1 Above Grade
  • Rec Room: 29x12 Level: Below Grade
  • Sun Room: 21x13 Level: Level 1 Above Grade
  • FamilyRoom Area: 273.000000
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 121.000000
  • Laundry Room Area: 64.000000
  • LivingRoom Area: 180.000000
  • 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 Area: 348.000000
  • Rec Room Dim: 29.000 x 12.000
  • Sun Room Area: 273.000000
  • Sunroom Dim: 21.000 x 13.000

Exterior Features

  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: Stream/Creek

Garage/Parking

  • Garage Dim: 0.000 x 0.000

Utilities

  • Utility Electric: AEP/Appalachian Powr
  • 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: Campbell

Lot Info

  • Lot Sq Ft: 2429.00

Tax Info

  • Estimated Taxes: 1014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2022
Closed on
Dec 30, 2022
Sold by
Streamline Llc
Bought by
Asper Guy and Asper Abigail Kw
Seller's Agent
Jason Hinds
DeWitt Real Estate & Auctions
Buyer's Agent
James Enoch
Blackwater Property Management
List Price
$299,900
Sold Price
$275,000
Premium/Discount to List
-$24,900
-8.3%
Views
90
Current Estimated Value
$307,423

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,423
Avg. Annual Appreciation
4.17%
Original Mortgage
$275,000
Outstanding Balance
$265,972
Interest Rate
6.27%
Mortgage Type
VA
Estimated Equity
$41,451

Purchase Details

Closed on
Mar 28, 2022
Sold by
Darnell Iiorsley
Bought by
Streamline Llc

Purchase Details

Closed on
May 15, 2019
Sold by
Horsley Elnora and Horsley Larry
Bought by
Horsley Darnell
Source: Public Records

Range of Values:

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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
Asper Guy $275,000 Old Republic National Title
Streamline Llc $170,000 Old Republic Title
Horsley Darnell -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Asper Guy $275,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/03/2023 02/03/23 Sold $275,000 -8.3% $113 / Sq Ft
08/30/2022 08/30/22 Pending -- -- --
07/08/2022 07/08/22 For Sale $299,900 -- $123 / 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 $1,034 $229,800 $45,000 $184,800
2024 $1,034 $229,800 $45,000 $184,800
2023 $1,034 $229,800 $45,000 $184,800
2022 $1,014 $195,000 $24,000 $171,000
2021 $1,014 $195,000 $24,000 $171,000
2020 $1,014 $165,900 $22,800 $143,100
2019 $1,014 $195,000 $24,000 $171,000
2018 $263 $165,900 $22,800 $143,100
2017 $263 $165,900 $22,800 $143,100
2016 $263 $165,900 $22,800 $143,100
2015 -- $165,900 $22,800 $143,100
2014 -- $159,300 $20,900 $138,400
Source: Public Records

Agents Affiliated with this Home

  • Jason Hinds

    Seller's Agent in 2023

    Jason Hinds

    DeWitt Real Estate & Auctions

    (434) 258-7058

    1 in this area

    86 Total Sales

    Jason Hinds
    Section Image

  • J

    Buyer's Agent in 2023

    James Enoch

    Blackwater Property Management

    (434) 851-7061

    3 in this area

    69 Total Sales

    James Enoch
    Section Image
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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 339323

APN: 011A-06007-028-0

Virginia Campbell County Lynchburg 24502

1529 Rainbow Forest Dr, Lynchburg, VA

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