NOT LISTED FOR SALE

2000 Creekside Dr Lynchburg, VA 24502

Estimated Value: $1,964,476

35.19 Acres
$55,825 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. 31% increase in value since last sale

Current estimated payment $11,666 / 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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 24, 2023
Sold by
Bought by
Current Estimated Value
$1,964,476

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
-$60,022,669

Purchase Details

Listed on
May 6, 2021
Closed on
Nov 5, 2021
Sold by
Bought by
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
6.01%
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
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Average Value
Not Available
List Price
Sold Price
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- --
$1,500,000 Fidelity National Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $64,000,000
Previous Owner $2,225,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

    32 Total Sales

    Rick Read
    Section Image
  • Ricky Read

    Seller Co-Listing Agent in 2021

    Ricky Read

    Coldwell Banker Commercial Rea

    (434) 455-2285

    47 Total Sales

    Ricky Read
    Section Image
  • Lauren Bell

    Buyer's Agent in 2021

    Lauren Bell

    Lauren Bell Real Estate, Inc.

    (434) 382-9482

    355 Total Sales

    Lauren Bell
    Section Image
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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 331371

APN: 239-02-005

Virginia Lynchburg City County Lynchburg 24502

2000 Creekside Dr, Lynchburg, VA

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