NOT LISTED FOR SALE

2002 Waterlick Rd Lynchburg, VA 24501

Estimated Value: $264,000 - $293,000

3 Beds
1 Bath
1,526 Sq Ft
$185/Sq Ft Est. Value

Last Sold December 14, 2018

Last sale price $139,900 $92 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $1,560/month

7 Days on Market

Highlights

  • Multiple Fireplaces
  • Wood Flooring
  • Separate Outdoor Workshop
  • Ranch Style House
  • Fenced Yard
  • Landscaped

About This Home

As of December 2018

Brookville Schools - This ranch offers opportunity with the detached oversized workshop/garage perfect for extreme hobbyist or business potential! Refinished hardwood flooring throughout, living room and main level den lends plenty of entertaining space, full basement with bath rough-in and plenty of room for expansion. Additional 1 car garage, double driveway, privacy fenced-in yard, rear deck for relaxing.

Last Agent to Sell the Property

Dan Callaway

Cornerstone Realty Group Inc. License #0225200462 Listed on: 10/05/2018

Last Buyer's Agent

Dan Callaway

Cornerstone Realty Group Inc. License #0225200462 Listed on: 10/05/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $850

Year Built

  • Built in 1959

Lot Details

  • 0.68 Acre Lot
  • Fenced Yard
  • Landscaped

Home Design

  • Ranch Style House
  • Shingle Roof
  • Plaster

Interior Spaces

  • 1,526 Sq Ft Home
  • Multiple Fireplaces
  • Wood Burning Fireplace
  • Scuttle Attic Hole
  • Storm Doors
  • Washer and Dryer Hookup

Kitchen

  • Self-Cleaning Oven
  • Electric Range

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom
  • Bathtub Includes Tile Surround

Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Fireplace in Basement
  • Laundry in Basement
  • Rough-In Basement Bathroom

Parking

  • 2 Car Detached Garage
  • Basement Garage

Outdoor Features

  • Separate Outdoor Workshop

Schools

  • Leesville Road Elementary School
  • Brookville Midl Middle School
  • Brookville High School

Utilities

  • Heat Pump System
  • Well
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

  • Lo Ray Acres Subdivision

Listing and Financial Details

  • Assessor Parcel Number 21D5A3

Home Details

Home Type

Single Family

Est. Annual Taxes

$850

Year Built

Built in 1959

Lot Details

0

Listing Details

  • FILLACRES: 0.6800
  • AssocFeeOptional: None
  • BuildingOnProperty: Workshop
  • Directions: From intersection of Leesville Road and Waterlick Road; turn onto Waterlick Road to home on right.
  • ElementarySchool4: Leesville Road Elem
  • HighSchool4: Brookville High
  • Lot Measurement: Acres
  • Lot Sq Ft: 29621.00
  • MiddleSchool4: Brookville Midl
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 21D5A3
  • Year Built: 1959
  • Detached Garage: 2 Car
  • Heating System: Heat Pump
  • Building Stories: One
  • Dwelling Styles: Ranch
  • Officeden Len: 25.000
  • Officeden Wid: 13.000
  • Laundryroom Dim: 0.000 x 0.000
  • Living Room Dim: 21.000 x 14.000
  • Livingroom Len: 21.000
  • Livingroom Wid: 14.000
  • Masterbedroom Area: 154.000000
  • Master Bedroom Dim: 14.000 x 11.000
  • Masterbedroom Len: 14.000
  • Masterbedroom Wid: 11.000
  • Office Dim: 0.000 x 0.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 1.00
  • Bathrooms Display: 1 (1 0)
  • Lower Floor 1 Bedrooms: 3
  • Broker Approved: Yes
  • Legal Description: LO-RAY ACRES LOT 3 BLOCK A
  • Reciprocal Listing: No
  • Second Bedroom: 13x11 Level: Level 1 Above Grade
  • Second Bedroom Area: 143.000000
  • Third Bedroom: 11x10 Level: Level 1 Above Grade
  • Third Bedroom Area: 110.000000
  • Above Grade Finished Sq Ft: 1526.00
  • ApplianceConvey: Range-Elec, Self Cleaning Oven
  • Has Attic: Scuttle
  • Has Basement: Exterior Entrance, Fireplace, Full, Garage, Interior Entrance, Roughed in Bath
  • Flooring: Hardwood, Tile
  • Year Built Exception: 0
  • Deck: 20x12 Level: Level 1 Above Grade
  • Den: 25x13 Level: Level 1 Above Grade
  • Fireplace: 2 Fireplaces, Wood Burning
  • Level 1 Full Bathrooms: 1
  • Interior Amenities: Cable Available, Cable Connections, Tile Bath(s), Drywall, Main Level Bedroom, Main Level Den, Plaster
  • Dining Kitchen: 12x10 Level: Level 1 Above Grade
  • Laundry: Basement, Dryer Connection, Washer Connections
  • Living Room: 21x14 Level: Level 1 Above Grade
  • Master Bedroom: 14x11 Level: Level 1 Above Grade
  • Porch: 10x5 Level: Level 1 Above Grade
  • Den Area: 325.000000
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 120.000000
  • LivingRoom Area: 294.000000
  • 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: Fenced Yard, Landscaped, Storm Doors, Insulated Glass

Garage/Parking

  • Garage Area: 960.000000
  • Garage Dim: 32.000 x 30.000
  • GarageLen: 32.000
  • GarageWid: 30.000

Utilities

  • Air Conditioner: Heat Pump
  • Sewer: Septic Tank
  • Hot Water: Well
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors
  • Subdivision Complex: Lo-Ray Acres

Schools

  • School District: Campbell

Lot Info

  • Lot Sq Ft: 1526.00
  • Zoning: R-1

Tax Info

  • Estimated Taxes: 850

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2018
Closed on
Nov 7, 2018
Sold by
Minasi Vincent J and Minasi Rebecca L
Bought by
Phelps Dustin K
Seller's Agent
Dan Callaway
Cornerstone Realty Group Inc.
Buyer's Agent
Dan Callaway
Cornerstone Realty Group Inc.
List Price
$149,900
Sold Price
$139,900
Premium/Discount to List
-$10,000
-6.67%
Current Estimated Value
$282,417

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,517
Avg. Annual Appreciation
10.51%
Original Mortgage
$141,313
Outstanding Balance
$124,256
Interest Rate
4.8%
Mortgage Type
New Conventional
Estimated Equity
$158,161

Purchase Details

Listed on
Apr 4, 2014
Closed on
Sep 19, 2014
Sold by
Harder Vanessa M and Fletcher Michele
Bought by
Minasi Vincent J
Seller's Agent
Steven Bucklew
Blackwater Property Management
Buyer's Agent
Dan Callaway
Cornerstone Realty Group Inc.
List Price
$139,900
Sold Price
$127,500
Premium/Discount to List
-$12,400
-8.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.21%
Original Mortgage
$102,000
Interest Rate
4.14%
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
Phelps Dustin K $139,900 Attorney
Minasi Vincent J $127,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Phelps Dustin K $141,313
Previous Owner Minasi Vincent J $102,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/14/2018 12/14/18 Sold $139,900 -6.7% $92 / Sq Ft
10/12/2018 10/12/18 Pending -- -- --
10/05/2018 10/05/18 For Sale $149,900 +17.6% $98 / Sq Ft
09/19/2014 09/19/14 Sold $127,500 -8.9% $84 / Sq Ft View Prior Sale
09/19/2014 09/19/14 Pending -- -- --
04/04/2014 04/04/14 For Sale $139,900 -- $92 / 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 $910 $202,300 $40,000 $162,300
2024 $910 $202,300 $40,000 $162,300
2023 $910 $202,300 $40,000 $162,300
2022 $860 $165,300 $28,000 $137,300
2021 $860 $165,300 $28,000 $137,300
2020 $860 $153,600 $25,000 $128,600
2019 $860 $165,300 $28,000 $137,300
2018 $799 $153,600 $25,000 $128,600
2017 $799 $153,600 $25,000 $128,600
2016 $799 $153,600 $25,000 $128,600
2015 -- $153,600 $25,000 $128,600
2014 -- $149,700 $25,000 $124,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 314781

APN: 21D-5-A-3