NOT LISTED FOR SALE

1540 Lexington Dr Lynchburg, VA 24503

Boonsboro Neighborhood

Estimated Value: $401,884 - $472,000

5 Beds
2.5 Baths
2,516 Sq Ft
$174/Sq Ft Est. Value

Last Sold May 26, 2016

Last sale price $235,000 $93 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $2,627/month

407 Days on Market

Highlights

  • Main Floor Bedroom
  • Workshop
  • Skylights
  • Paul Munro Elementary School Rated A-
  • Formal Dining Room
  • En-Suite Primary Bedroom

About This Home

As of May 2016

Desirable Lexington Drive and Paul Munro school - large, beautifully landscaped corner lot - this just begins to describe this well maintained house in a quiet neighborhood. Main level master has 3 closets with built-ins, and full bath with additional half bath in hallway. A second BR on main floor makes an ideal office or could easily be converted to main level laundry. 4-burner gas cooktop, 12 x 12 porcelain ceramic tiles in kitchen, foyer, dining room, hallway and baths. Brick to ceiling FP w/gas logs. Sliding doors open from cozy den to two decks. 3 additional BRs upstairs and full bath. Laundry closet in second level hallway. Large 2-car garage - rough in for bath in basement - a second chimney in basement. Heat pump on second floor/Gas furnace and electric AC on main level. Items that do not convey: Wall lights on either side of the sofa in Living Room; window treatments in BR to the left on the second floor and those in the middle second BR; washer/dryer.

Last Agent to Sell the Property

Arline Ore

BHHS Dawson Ford Garbee License #0225065399 Listed on: 03/24/2015

BHHS Dawson Ford Garbee

Last Buyer's Agent

Wilbur Burger

RE/MAX 1st Olympic License #0225-055914

RE/MAX 1st Olympic

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,397

Year Built

  • Built in 1977

Lot Details

  • 0.48 Acre Lot
  • Landscaped
  • Garden

Home Design

  • Shingle Roof

Interior Spaces

  • 2,516 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Skylights
  • Gas Log Fireplace
  • Drapes & Rods
  • Formal Dining Room
  • Den with Fireplace
  • Workshop
  • Fire and Smoke Detector
  • Laundry on upper level

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • Bathtub Includes Tile Surround

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Workshop
  • Rough-In Basement Bathroom

Parking

  • 2 Car Attached Garage
  • Basement Garage

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Gas Water Heater
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 18205001

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,397

Year Built

Built in 1977

Lot Details

0

Listing Details

  • FILLACRES: 0.4790
  • Directions: Boonsboro Rd. to Old Boonsboro onto Inglewood Rd., then right onto Lexington Dr. House is on right with sign (you will pass Dogwood and Fieldale).
  • ElementarySchool7: Paul Munro Elem
  • HighSchool7: E. C. Glass High
  • Lot Measurement: Acres
  • Lot Sq Ft: 20865.00
  • MiddleSchool7: Linkhorne Midl
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 18205001
  • Year Built: 1977
  • Heating System: Forced Warm Air-Gas, Heat Pump
  • Building Stories: One and One Half
  • Dwelling Styles: Other, See Remarks
  • Laundryroom Dim: 0.000 x 0.000
  • Living Room Dim: 20.000 x 12.000
  • Livingroom Len: 20.000
  • Livingroom Wid: 12.000
  • Masterbedroom Area: 210.000000
  • Master Bedroom Dim: 15.000 x 14.000
  • Masterbedroom Len: 15.000
  • Masterbedroom Wid: 14.000
  • Office Dim: 0.000 x 0.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 3.00
  • Bathrooms Display: 3 (2 1)
  • Lower Floor 1 Bedrooms: 5
  • Broker Approved: Yes
  • Legal Description: Inglewood Hills, AMD BLK 5 Lot 1
  • Reciprocal Listing: No
  • Second Bedroom: 9x9 Level: Level 1 Above Grade
  • Second Bedroom Area: 81.000000
  • Third Bedroom: 21x9 Level: Level 2 Above Grade
  • Third Bedroom Area: 189.000000
  • Fourth Bedroom: 17x9 Level: Level 2 Above Grade
  • Fourth Bedroom Area: 153.000000
  • Fifth Bedroom: 17x12 Level: Level 2 Above Grade
  • Fifth Bedroom Area: 204.000000
  • Above Grade Finished Sq Ft: 2516.00
  • ApplianceConvey: Dishwasher, Disposal, Microwave, Range-Gas, Refrigerator
  • Has Attic: Other
  • Has Basement: Exterior Entrance, Full, Interior Entrance, Roughed in Bath, Walkout, Workshop
  • Flooring: Carpet, Ceramic Tile, Tile
  • Year Built Exception: 0
  • Deck: 14x12 Level: Level 1 Above Grade
  • Family Room: 20x14 Level: Level 1 Above Grade
  • Fireplace: 1 Fireplace, Den, Gas Log
  • Formal Dining: 13x13 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 1
  • Level 2 Full Bathrooms: 1
  • First Level Half Bathrooms: 1
  • Interior Amenities: Ceiling Fan(s), Tile Bath(s), Drapes, Drywall, High Speed Data Aval, Main Level Bedroom, Main Level Den, Master Bed w/ Bath, Rods, Separate Dining Room, Skylights, Smoke Alarm, Workshop
  • Dining Kitchen: 17x11 Level: Level 1 Above Grade
  • Laundry: Laundry Closet, Second Floor
  • Living Room: 20x12 Level: Level 1 Above Grade
  • Master Bedroom: 15x14 Level: Level 1 Above Grade
  • FamilyRoom Area: 280.000000
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 187.000000
  • LivingRoom Area: 240.000000
  • 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: Paved Drive, Garden Space, Landscaped, Insulated Glass
  • Patio: 26x15 Level: Below Grade

Garage/Parking

  • Attached Garage: 2 Car
  • Garage Spaces: In Basement
  • Garage Area: 667.000000
  • Garage Dim: 29.000 x 23.000
  • GarageLen: 29.000
  • GarageWid: 23.000

Utilities

  • Air Conditioner: Central Electric, Heat Pump
  • Sewer: City
  • Hot Water: City
  • Water Heater: Gas

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors

Schools

  • School District: Lynchburg
  • School District: Lynchburg

Lot Info

  • Lot Sq Ft: 2516.00
  • Zoning: R-1

Tax Info

  • Estimated Taxes: 2397

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2015
Closed on
May 11, 2016
Sold by
Walton Guy W and Walton Cynthia K
Bought by
Thompson Peter A and Thompson Kathryn B
Seller's Agent
Arline Ore
BHHS Dawson Ford Garbee
Buyer's Agent
Wilbur Burger
RE/MAX 1st Olympic
List Price
$259,900
Sold Price
$235,000
Premium/Discount to List
-$24,900
-9.58%
Total Days on Market
407
Current Estimated Value
$436,971

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$201,971
Avg. Annual Appreciation
6.52%
Original Mortgage
$223,250
Outstanding Balance
$180,603
Interest Rate
3.58%
Mortgage Type
New Conventional
Estimated Equity
$240,253
Source: Public Records

Range of Values:

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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
Thompson Peter A $235,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thompson Peter A $223,250
Previous Owner Walton Guy W $215,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2016 05/26/16 Sold $235,000 -9.6% $93 / Sq Ft
05/04/2016 05/04/16 Pending -- -- --
03/24/2015 03/24/15 For Sale $259,900 -- $103 / 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 $2,812 $315,900 $50,000 $265,900
2023 $2,811 $315,900 $50,000 $265,900
2022 $2,474 $240,200 $45,000 $195,200
2021 $2,666 $240,200 $45,000 $195,200
2020 $2,454 $221,100 $40,000 $181,100
2019 $2,454 $221,100 $40,000 $181,100
2018 $2,297 $210,900 $35,000 $175,900
2017 $2,341 $210,900 $35,000 $175,900
2016 $2,253 $203,000 $32,000 $171,000
2015 $2,253 $201,600 $32,000 $169,600
2014 $2,238 $206,700 $32,000 $174,700
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2016

    Arline Ore

    BHHS Dawson Ford Garbee

    (434) 660-3010

    43 Total Sales

    Section Image
  • Wilbur Burger

    Buyer's Agent in 2016

    Wilbur Burger

    RE/MAX

    (434) 665-9999

    2 in this area

    22 Total Sales

    Section Image
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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 290707

APN: 182-05-001

Virginia Lynchburg City County Lynchburg 24503 Boonsboro

1540 Lexington Dr, Lynchburg, VA

This home is located at 1540 Lexington Dr, Lynchburg, VA 24503 since 24 March 2015 and is currently estimated at $436,971, approximately $173 per square foot. This property was built in 1977. 1540 Lexington Dr is a home located in Lynchburg City with nearby schools including Paul Munro Elementary School, Linkhorne Middle School, and E.C. Glass High School.

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