2016 Ridge Ave Lynchburg, VA 24501
Fairview Heights NeighborhoodEstimated Value: $138,887 - $163,000
2
Beds
1
Bath
1,220
Sq Ft
$123/Sq Ft
Est. Value
About This Home
This home is located at 2016 Ridge Ave, Lynchburg, VA 24501 and is currently estimated at $149,472, approximately $122 per square foot. 2016 Ridge Ave is a home located in Lynchburg City with nearby schools including William M. Bass Elementary School, Sandusky Middle School, and Heritage High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 25, 2019
Sold by
Brooks William Franklin
Bought by
Daniel Ronald Lee
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,900
Outstanding Balance
$62,638
Interest Rate
5%
Mortgage Type
Seller Take Back
Estimated Equity
$86,834
Purchase Details
Closed on
Aug 23, 2011
Sold by
Citifinancial Inc
Bought by
Brooks William F
Purchase Details
Closed on
Jun 14, 2011
Sold by
Hudson Mamie H and Hudson Warren H
Bought by
Citifinancial Inc
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Daniel Ronald Lee | $70,000 | None Available | |
| Brooks William F | $32,000 | None Available | |
| Citifinancial Inc | $42,248 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Daniel Ronald Lee | $69,900 |
Source: Public Records
Tax History Compared to Growth
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 | $934 | $111,200 | $15,000 | $96,200 |
| 2024 | $599 | $67,300 | $12,000 | $55,300 |
| 2023 | $599 | $67,300 | $12,000 | $55,300 |
| 2022 | $605 | $58,700 | $7,500 | $51,200 |
| 2021 | $652 | $58,700 | $7,500 | $51,200 |
| 2020 | $622 | $56,000 | $7,500 | $48,500 |
| 2019 | $622 | $56,000 | $7,500 | $48,500 |
| 2018 | $622 | $56,000 | $7,500 | $48,500 |
| 2017 | $622 | $56,000 | $7,500 | $48,500 |
| 2016 | $622 | $56,000 | $7,500 | $48,500 |
| 2015 | $622 | $57,200 | $4,000 | $53,200 |
| 2014 | $635 | $57,200 | $4,000 | $53,200 |
Source: Public Records
Map
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