NOT LISTED FOR SALE

161 Melody Ln Lynchburg, VA 24504

Estimated Value: $397,000 - $424,000

3 Beds
2.5 Baths
2,016 Sq Ft
$202/Sq Ft Est. Value

Last Sold September 30, 2024

Last sale price $380,000 $188 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,246/month

48 Days on Market

Highlights

  • Secluded Lot
  • Wood Flooring
  • Separate Outdoor Workshop
  • Living Room with Fireplace
  • Great Room
  • Garden

About This Home

As of September 2024

Beautiful, spacious home on a secluded 12+ acres all on one level. Stone fireplace and bay window in living room out looking the scenic view. Large dining room and eat in kitchen. Master bedroom with master bath. Quaint front porch and large concrete patio for entertaining. Big detached garage. You'll also find a creek on the property, four wheeler trails, 2 hunting stands, and a chicken coup. Roof, bay windows, and concrete patio all newly replaced. Smokey Hollow and Melody Lane have been adopted into the State road system to be paved. Tentative timeline is summer 2024.

Last Agent to Sell the Property

Ashleigh Hubbard

eXp Realty LLC-Stafford License #0225257466 Listed on: 07/11/2024

eXp Realty LLC-Stafford

Last Buyer's Agent

Sandra Wright

Key to Your Heart Realty License #0225222445

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,000

Year Built

  • Built in 1993

Lot Details

  • 12.46 Acre Lot
  • Secluded Lot
  • Garden

HOA Fees

  • $8 Monthly HOA Fees

Parking

  • 1 Car Detached Garage

Home Design

  • Shingle Roof

Interior Spaces

  • 2,016 Sq Ft Home
  • 1-Story Property
  • Great Room
  • Living Room with Fireplace
  • Crawl Space
  • Laundry on main level

Kitchen

  • Electric Range
  • Microwave

Flooring

  • Wood
  • Carpet

Attic

  • Attic Access Panel
  • Walkup Attic

Outdoor Features

  • Separate Outdoor Workshop
  • Outdoor Storage

Schools

  • Concord Elementary School
  • Rustburg Midl Middle School
  • Rustburg High School

Utilities

  • Heat Pump System
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

Overview

  • Association fees include road maintenance
  • Holiday Forest Subdivision

Building Details

  • Net Lease

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,000

Year Built

Built in 1993

Lot Details

0

HOA Fees

$8 per month

Listing Details

  • AssocFeeOptional: Required
  • BuildingOnProperty: Storage Building, Workshop
  • Directions: Use GPS ;)
  • Internet Providers: Shentel
  • Days On Market: No
  • Prop. Type: Residential
  • Year Built: 1993
  • Detached Garage: 1 Car
  • Garage Yn: Yes
  • Foyer Area: 66.000000
  • Property Sub-Type: Single Family Residence
  • Subdivision Name: Holiday Forest
  • Above Grade Finished Sq Ft: 2016.00
  • Architectural Style: Ranch
  • Laundryroom Dim: 6.000 x 8.000
  • Office Dim: 0.000 x 0.000
  • Laundryroom Len: 6.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 3.00
  • Bathrooms Display: 3 (2 1)
  • Broker Approved: Yes
  • Reciprocal Listing: No
  • Has Attic: Access, Walk-Up Stairs
  • Has Basement: Crawl Space
  • Breakfast Area: 12x9 Level: Level 1 Above Grade
  • Flooring: Carpet, Hardwood
  • Formal Dining: 14x11 Level: Level 1 Above Grade
  • Foyer: 11x6 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 2
  • First Level Half Bathrooms: 1
  • Interior Amenities: Great Room, Main Level Bedroom, Primary Bed w/Bath
  • Dining Kitchen: 9x9 Level: Level 1 Above Grade
  • Laundry: Main Level
  • Laundry Room: 6x8 Level: Level 1 Above Grade
  • Living Room: 15x21 Level: Level 1 Above Grade
  • Master Bedroom: 16x14 Level: Level 1 Above Grade
  • Porch: 8x5 Level: Level 1 Above Grade
  • Appliances: Microwave, Range-Elec, Refrigerator
  • Half Bathrooms: 1
  • Fireplace: Living Room
  • Stories: One
  • Third Bedroom: 11x15 Level: Level 1 Above Grade
  • Second Bedroom: 14x11 Level: Level 1 Above Grade
  • Room Bedroom3 Area: 165.000000
  • Room Master Bedroom Area: 224.000000
  • Room Kitchen Area: 81.000000
  • Room Living Room Area: 315.000000
  • Room Bedroom2 Area: 154.000000
  • MasterBedroomDimensions Dim: 16.000 x 14.000
  • Kitchen Dim: 9.000 x 9.000
  • Sunroom Dim: 0.000 x 0.000
  • Master Bedroom Master Bedroom Width: 14.000

Exterior Features

  • Lot Number: 1
  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: Porch, Garden Space, Secluded Lot

Garage/Parking

  • Garage Area: 440.000000
  • Garage Dim: 20.000 x 22.000
  • GarageLen: 20.000
  • GarageWid: 22.000

Utilities

  • Utility Electric: AEP/Appalachian Powr
  • Cooling: Heat Pump
  • Sewer: Septic Tank
  • Water Heater: Electric
  • Heating: Heat Pump
  • Water Source: Well

Condo/Co-op/Association

  • Association Fee: 100.00
  • Association Fee Frequency: Yearly

Fee Information

  • Association Fee Includes: Road Maintenance

Schools

  • Elementary School: Concord Elem
  • High School: Rustburg High
  • Middle School: Rustburg Midl
  • Junior High Dist: Campbell

Lot Info

  • Acres: 12.4600
  • Lot Size Sq Ft: 542758.00
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Rental Info

  • Sub Lease: No
  • Sub Lease Expiration Date: 1800-01-01T00:00:00.000-05:00

Tax Info

  • Estimated Taxes: 1000

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2024
Closed on
Sep 18, 2024
Sold by
Botkin Addam H
Bought by
Gibbs Jesse and Gibbs Molly
Seller's Agent
Ashleigh Hubbard
eXp Realty LLC-Stafford
Buyer's Agent
Sandra Wright
Key to Your Heart Realty
List Price
$419,900
Sold Price
$380,000
Premium/Discount to List
-$39,900
-9.5%
Views
83
Current Estimated Value
$406,621

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,621
Avg. Annual Appreciation
5.71%
Original Mortgage
$300,000
Outstanding Balance
$296,621
Interest Rate
6.46%
Mortgage Type
New Conventional
Estimated Equity
$110,000

Purchase Details

Listed on
Oct 8, 2013
Closed on
Dec 19, 2013
Sold by
Hill Charles D
Bought by
Botkin Addam H
Seller's Agent
Samuel Ferguson
RE/MAX Realty Connection
Buyer's Agent
Karin Baldwin
RE/MAX 1st Olympic
List Price
$220,000
Sold Price
$205,000
Premium/Discount to List
-$15,000
-6.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.91%
Original Mortgage
$164,000
Interest Rate
4.15%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gibbs Jesse $380,000 Fidelity National Title
Botkin Addam H $205,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gibbs Jesse $300,000
Previous Owner Botkin Addam H $164,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/30/2024 09/30/24 Sold $380,000 -4.8% $188 / Sq Ft
08/29/2024 08/29/24 Pending -- -- --
08/18/2024 08/18/24 Price Changed $399,000 -2.7% $198 / Sq Ft
08/05/2024 08/05/24 Price Changed $409,900 -2.4% $203 / Sq Ft
07/11/2024 07/11/24 For Sale $419,900 +104.8% $208 / Sq Ft
01/01/2014 01/01/14 Sold $205,000 -6.8% $102 / Sq Ft View Prior Sale
01/01/2014 01/01/14 Pending -- -- --
10/08/2013 10/08/13 For Sale $220,000 -- $109 / 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 $1,190 $264,400 $63,100 $201,300
2024 $1,190 $264,400 $63,100 $201,300
2023 $1,190 $264,400 $63,100 $201,300
2022 $1,045 $201,000 $53,500 $147,500
2021 $1,045 $201,000 $53,500 $147,500
2020 $1,045 $191,400 $49,000 $142,400
2019 $1,045 $201,000 $53,500 $147,500
2018 $995 $191,400 $49,000 $142,400
2017 $995 $191,400 $49,000 $142,400
2016 -- $191,400 $49,000 $142,400
2015 -- $191,400 $49,000 $142,400
2014 -- $184,700 $49,000 $135,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 353367

APN: 025C-08000-001-0