NOT LISTED FOR SALE

2000 Creekside Dr Lynchburg, VA 24502

Estimated Value: $1,948,218

35.19 Acres
$55,363 Price per Acre
1,532,876 Sq Ft Lot

Sale Details

Date Sold: November 5, 2021

Last sale price $1,500,000 $1 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $11,568 / mo

41 Days on Market

About This Lot

As of November 2021

Prime Commercial Tract being a total of approximately 35 acres (approximately 17 acre graded pad site) near Home Depot in Lynchburg, VA. Additional grading may enlarge pad area. Public water and sewer. High traffic area and is a great location at Lynchburg Expressway & Graves Mill Road Interchange.

Last Agent to Sell the Property

Rick Read

Coldwell Banker Commercial Rea License #0225002576 Listed on: 05/06/2021

Coldwell Banker Commercial Rea

Co-Listed By

Ricky Read

Coldwell Banker Commercial Rea License #0225188167

Last Buyer's Agent

Lauren Bell

Lauren Bell Real Estate, Inc. License #0225222641

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $10,107

Lot Details

  • 35.19 Acre Lot
  • Property is zoned B-5C

Schools

  • Sandusky Elementary School
  • Sandusky Midl Middle School
  • Heritage High School

Community Details

  • Graves Mill Commercial Corrido Subdivision

Listing and Financial Details

  • Assessor Parcel Number 23902005

Property Details

Property Type

Land

Est. Annual Taxes

$10,107

Lot Details

35.19 Acres

Listing Details

  • FILLACRES: 35.1900
  • BuildingOnProperty: None
  • Directions: From Lynchburg Expressway (Rt. 29) take the Graves Mill Road exit at Pinkerton Chevrolet. Left at light to right at light at Home Depot & Moore's Store.
  • ElementarySchool7: Sandusky Elem
  • HighSchool7: Heritage High
  • Lot Measurement: Acres
  • Lot Sq Ft: 1532876.00
  • MiddleSchool7: Sandusky Midl
  • Days On Market: No
  • Property Subtype1: Unimproved Land
  • Prop. Type: Land
  • Restrictions: Dblwides Not Allowed, Mobiles Not Allowed, Modulars Not Allowed, No Horses Allowed, No Livestock Allowed
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 23902005
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Disability Access: Rd Frnt State Paved
  • Bathrooms Display: 0 (0 0)
  • Broker Approved: Yes
  • Legal Description: CREEKSIDE, NEW LOT 5
  • Reciprocal Listing: No

Exterior Features

  • Lot Number: 5

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors
  • Subdivision Complex: Graves Mill Commercial Corrido

Schools

  • School District: Lynchburg

Lot Info

  • Current Use: Vacant
  • Zoning: B-5C

Tax Info

  • Estimated Taxes: 10107

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 24, 2023
Sold by
Tpb Enterprises Llc
Bought by
Rosedale Investments Llc
Current Estimated Value
$1,948,218

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000,000
Outstanding Balance
$61,987,145
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
-$60,038,927

Purchase Details

Listed on
May 6, 2021
Closed on
Nov 5, 2021
Sold by
Creekside Of Lynchburg
Bought by
Tpb Enterprises Llc
Seller's Agent
Rick Read
Coldwell Banker Commercial Rea
Buyer's Agent
Lauren Bell
Lauren Bell Real Estate, Inc.
List Price
$1,750,000
Sold Price
$1,500,000
Premium/Discount to List
-$250,000
-14.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.09%
Original Mortgage
$2,225,000
Interest Rate
2.99%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Purchase History

Date Buyer Sale Price Title Company
Rosedale Investments Llc -- --
Tpb Enterprises Llc $1,500,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rosedale Investments Llc $64,000,000
Previous Owner Tpb Enterprises Llc $2,225,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/05/2021 11/05/21 Sold $1,500,000 -14.3% $1 / Sq Ft
06/16/2021 06/16/21 Pending -- -- --
05/06/2021 05/06/21 For Sale $1,750,000 -- $1 / Sq Ft
Source: Lynchburg Association of REALTORS®

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 $12,912 $1,537,100 $1,537,100 $0
2024 $13,680 $1,537,100 $1,537,100 $0
2023 $13,680 $1,537,100 $1,537,100 $0
2022 $9,378 $910,500 $910,500 $0
2021 $10,107 $910,500 $910,500 $0
2020 $10,107 $910,500 $910,500 $0
2019 $10,107 $910,500 $910,500 $0
2018 $13,674 $1,231,900 $1,231,900 $0
2017 $13,674 $1,231,900 $1,231,900 $0
2016 $13,674 $1,231,900 $1,231,900 $0
2015 $13,674 $1,231,900 $1,231,900 $0
2014 $13,674 $1,231,900 $1,231,900 $0
Source: Public Records

Agents Affiliated with this Home

  • Rick Read

    Seller's Agent in 2021

    Rick Read

    Coldwell Banker Commercial Rea

    (434) 455-2285

    34 Total Sales

    Rick Read
    Section Image
  • Ricky Read

    Seller Co-Listing Agent in 2021

    Ricky Read

    Coldwell Banker Commercial Rea

    (434) 455-2285

    50 Total Sales

    Ricky Read
    Section Image
  • Lauren Bell

    Buyer's Agent in 2021

    Lauren Bell

    Lauren Bell Real Estate, Inc.

    (434) 382-9482

    359 Total Sales

    Lauren Bell
    Section Image
See All Agents

Map

Source: Lynchburg Association of REALTORS®

MLS Number: 331371

APN: 239-02-005

Virginia Lynchburg City County Lynchburg 24502

2000 Creekside Dr, Lynchburg, VA

Not Listed for Sale

Lots

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed to be reliable but not guaranteed.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.