$469,000
SOLD DEC 22, 2023

1960 Lynchburg Dr Charlottesville, VA 22903

3 Beds
3 Baths
2,606 Sq Ft
5 Acres

Recently Sold

$180 Per Sq Ft

3% Below List Price

38 Days on Market

Highlights

  • Main Floor Bedroom
  • No HOA
  • Heat Pump System
  • Walton Middle School Rated A
  • Garage

About This Home

As of December 2023

This amazing house is Charlottesville's best discounted deal of the year. We are offering this house for a hundred thousand dollars less than its true market value, in order to sell it quickly. Check the comps OR look at any of your favorite internet value estimates. DON'T MISS THE ATTACHED VIDEO TOUR OF THIS PROPERTY. This beautiful property sits on 5 wooded acres and feels completely secluded in nature, BUT it is just 5 minutes from downtown Charlottesville, making it amazingly convenient to everything. It's a 4 bedroom, 3 bathroom, custom home with a total of 4,156 square feet on two levels. Built in 2001, it is well maintained and updated with beautiful custom touches throughout. All rooms are large, with hardwood floors and soaring ceilings, an updated custom granite kitchen, a large, mostly unfinished basement with space for several more rooms and an large outbuilding that has space on its second level for additional room(s) to be built. The home is in solid, updated condition and with a little work it has the potential to be stunning and worth A LOT more. In addition to being only a few minutes from everything Charlottesville has to offer, it's close to Monticello, many wineries, breweries and other outdoor activit

Last Agent to Sell the Property

Steven Taylor

(202) 999-0715 steve@mycornerstonerealestate.com CORNERSTONE REAL ESTATE License #0225068143[3171] Listed on: 10/12/2023

Last Buyer's Agent

LUKE COLE

(434) 882-3558 luke@fourcornerscville.com FOUR CORNERS REAL ESTATE SOLUTIONS, LLC License #0225263931[108181]

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,788

Year Built

  • Built in 2001

Lot Details

  • 5 Acre Lot
  • Property is zoned RA, Rural Area

Parking

  • Garage

Home Design

  • Block Foundation
  • Slab Foundation

Interior Spaces

  • Property has 2 Levels

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • 3 Full Bathrooms

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Basement Windows

Schools

  • Red Hill Elementary School
  • Walton Middle School
  • Monticello High School

Utilities

  • Heat Pump System
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,788

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Building Total Sq Ft: 4756.00
  • New Construction: No
  • Story List: Main
  • Year Built: 2001
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Interior Amenities: Entry Level Bedroom
  • Fireplace: No
  • Foundation Details: Block, Slab
  • Levels Count: 2
  • Room List: Full Bath
  • Basement: Yes
  • Basement Type: Full, Unfinished, Walkout Level, Windows
  • Living Area Units: Square Feet
  • Total Sq Ft: 4156
  • Living Area Sq Ft: 2606
  • Price Per Sq Ft: 228.59
  • Above Grade Finished Sq Ft: 2078
  • Below Grade Finished Sq Ft: 528
  • Below Grade Sq Ft: 1550
  • Total Below Grade Sq Ft: 2078
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1960

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Completed: No
  • Water Oriented: No
  • Water View: No

Garage/Parking

  • Garage: Yes
  • Type Of Parking: Attached Garage, Detached Garage

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Heat Pump(s)
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Sewer/Septic System: Septic Exists
  • Water Source: Well
  • Internet Services: Other

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • School District: ALBEMARLE COUNTY PUBLIC SCHOOLS
  • Elementary School: RED HILL
  • Middle School: WALTON
  • High School: MONTICELLO
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121141540441
  • School District Source: Listing Agent
  • Elementary School: RED HILL
  • High School: MONTICELLO
  • Middle Or Junior School: WALTON

Lot Info

  • Lot Size Acres: 5.00
  • Zoning: RA
  • Zoning Description: Rural Area

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 3787.50
  • Tax Year: 2022
  • Close Date: 12/22/2023

MLS Schools

  • School District Name: ALBEMARLE COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2023
Closed on
Dec 15, 2023
Sold by
Obrien Ernest F and Obrien Tracy D
Bought by
Johnson Rachel
Seller's Agent
Steven Taylor
CORNERSTONE REAL ESTATE
Buyer's Agent
LUKE COLE
FOUR CORNERS REAL ESTATE SOLUTIONS, LLC
List Price
$485,000
Sold Price
$469,000
Premium/Discount to List
-$16,000
-3.3%
Views
234
Current Estimated Value
$620,126

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,126
Avg. Annual Appreciation
9.65%
Original Mortgage
$445,550
Outstanding Balance
$439,639
Interest Rate
7.5%
Mortgage Type
New Conventional
Estimated Equity
$110,905

Purchase Details

Closed on
Feb 3, 2014
Sold by
Lakeview Llc
Bought by
Obrien Ernest F and Obrien Tracy D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
4.47%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Deed $469,000 None Listed On Document
Deed $345,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $445,550 New Conventional
Previous Owner $341,066 Stand Alone Refi Refinance Of Original Loan
Previous Owner $350,274 FHA
Previous Owner $275,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2023 12/22/23 Sold $469,000 -1.3% $180 / Sq Ft
11/19/2023 11/19/23 Pending -- -- --
11/03/2023 11/03/23 Price Changed $475,000 -2.1% $182 / Sq Ft
10/12/2023 10/12/23 For Sale $485,000 -- $186 / Sq Ft
Source: Bright MLS

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 $4,694 $525,000 $134,800 $390,200
2024 -- $476,300 $128,900 $347,400
2023 $4,184 $489,900 $107,000 $382,900
2022 $3,788 $443,500 $103,600 $339,900
2021 $3,401 $398,200 $103,600 $294,600
2020 $3,240 $379,400 $103,600 $275,800
2019 $3,177 $372,000 $100,400 $271,600
2018 $3,001 $360,100 $100,400 $259,700
2017 $2,981 $355,300 $85,400 $269,900
2016 $2,863 $341,200 $110,800 $230,400
2015 $2,758 $336,800 $110,800 $226,000
2014 -- $336,500 $110,800 $225,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 646548

Bright MLS

APN: 08900-00-00-081D0