NOT LISTED FOR SALE

206 Fountain Dr Lynchburg, VA 24501

Estimated Value: $152,000 - $160,012

2 Beds
2.5 Baths
1,170 Sq Ft
$133/Sq Ft Est. Value

Last Sold January 07, 2016

Last sale price $60,000 $51 Per Sq Ft

Est. 155% increase in value since last sale

Current estimated payment $1,011/month

117 Days on Market

Highlights

  • Property is near a clubhouse
  • Walk-In Closet
  • Ceiling Fan
  • Community Pool
  • Landscaped
  • Storm Doors

About This Home

As of January 2016

Calling all first time home buyers and/or investors - This property is in the Three Fountains community. It has a large, eat-in kitchen and a patio outside with a nice storage room. The community features a swimming pool. The property is conveniently located off Old Forest Rd right behind Walmart. Each of the two bedrooms has a private, full bathroom.- 2 bedrooms- 2 and bathrooms- Refrigerator, range, and dishwasher- Community use swimming pool- Central heat and air.

Last Agent to Sell the Property

Katherine Farber

Keller Williams License #0225206276 Listed on: 09/11/2015

Last Buyer's Agent

Wendy Reddy

Reddy Real Estate, Inc. License #0225058288

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $770

Year Built

  • Built in 1974

Lot Details

  • 1,133 Sq Ft Lot
  • Landscaped

HOA Fees

  • $100 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 1,170 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Attic Access Panel

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Home Security

Location

  • Property is near a clubhouse

Schools

  • Linkhorne Elementary School
  • Linkhorne Midl Middle School
  • E. C. Glass High School

Utilities

  • Heat Pump System
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 22005016

Community Details

Overview

  • Association fees include club house, exterior maintenance, grounds maintenance, neighborhood lights, parking, pool, snow removal, tennis, trash
  • Three Fountains Subdivision

Recreation

  • Community Pool
  • Tennis Courts

Security

  • Storm Doors
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$770

Year Built

Built in 1974

Lot Details

0

HOA Fees

$100 per month

Listing Details

  • FILLACRES: 0.0260
  • AssocFeeOptional: Required
  • Directions: Old forest rd to right on ForestBrook, left of Belle Terre, right on Fountain dr - look for large post sign
  • ElementarySchool7: Linkhorne Elem
  • HighSchool7: E. C. Glass High
  • Lot Measurement: Acres
  • Lot Sq Ft: 1133.00
  • MiddleSchool7: Linkhorne Midl
  • Days On Market: No
  • Property Subtype1: Townhouse
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 22005016
  • Year Built: 1974
  • Heating System: Heat Pump
  • Building Stories: Two
  • Laundryroom Dim: 0.000 x 0.000
  • Living Room Dim: 0.000 x 0.000
  • Masterbedroom Area: 150.000000
  • Master Bedroom Dim: 15.000 x 10.000
  • Masterbedroom Len: 15.000
  • Masterbedroom Wid: 10.000
  • Office Dim: 0.000 x 0.000
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Basement Bathrooms: 3.00
  • Bathrooms Display: 3 (2 1)
  • Lower Floor 1 Bedrooms: 2
  • Broker Approved: Yes
  • Legal Description: THREE FOUNTAINS, PHASE 1, SEC 1, LOT 16
  • Reciprocal Listing: No
  • Above Grade Finished Sq Ft: 1170.00
  • ApplianceConvey: Dishwasher, Range-Elec, Refrigerator
  • Has Attic: Access
  • Has Basement: Slab
  • Flooring: Carpet, Laminate, Vinyl
  • Year Built Exception: 0
  • Level 2 Full Bathrooms: 2
  • First Level Half Bathrooms: 1
  • Interior Amenities: Cable Available, Cable Connections, Ceiling Fan(s), Drywall, High Speed Data Aval, Smoke Alarm, Walk-In Closet(s)
  • Laundry: Dryer Connection, Laundry Closet, Main Level, Washer Connections
  • Master Bedroom: 15x10 Level: Level 2 Above Grade
  • Livinggreat Room Dim: 0.000 x 0.000
  • 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: Pool Nearby, Landscaped, Storm Doors, Tennis Courts, Club House Nearby

Garage/Parking

  • Garage Dim: 0.000 x 0.000

Utilities

  • Air Conditioner: Heat Pump
  • Sewer: City
  • Hot Water: City
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Includes: Club House, Exterior Maintenance, Grounds Maintenance, Neighborhood Lights, Parking, Pool, Snow Removal, Tennis, Trash
  • HOA: Lynchburg Board of Realtors
  • Association Fee: 100.00
  • Subdivision Complex: Three Fountains

Schools

  • School District: Lynchburg
  • School District: Lynchburg

Lot Info

  • Lot Sq Ft: 1170.00
  • Zoning: R-5

Tax Info

  • Estimated Taxes: 770

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 10, 2012
Sold by
Reynolds Donald W and Reynolds Nancy M
Bought by
Formula Properties Llc
Current Estimated Value
$153,041

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,000
Interest Rate
3.56%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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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
Formula Properties Llc $57,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kessmann David A $55,500
Closed Formula Properties Llc $46,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/07/2016 01/07/16 Sold $60,000 -13.0% $51 / Sq Ft
01/06/2016 01/06/16 Pending -- -- --
09/11/2015 09/11/15 For Sale $69,000 -- $59 / 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
2024 $926 $104,000 $20,000 $84,000
2023 $926 $104,000 $20,000 $84,000
2022 $859 $78,800 $18,000 $60,800
2021 $875 $78,800 $18,000 $60,800
2020 $804 $72,400 $18,000 $54,400
2019 $804 $72,400 $18,000 $54,400
2018 $770 $69,400 $15,000 $54,400
2017 $770 $69,400 $15,000 $54,400
2016 $770 $69,400 $15,000 $54,400
2015 $578 $69,400 $15,000 $54,400
2014 $770 $81,800 $15,000 $66,800
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2016

    Katherine Farber

    Keller Williams

  • W

    Buyer's Agent in 2016

    Wendy Reddy

    Reddy Real Estate, Inc.

    (434) 258-4121

    111 Total Sales

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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 294394

APN: 220-05-016

Virginia Lynchburg City County Lynchburg 24501

206 Fountain Dr, Lynchburg, VA

This home is located at 206 Fountain Dr, Lynchburg, VA 24501 since 11 September 2015 and is currently estimated at $155,253, approximately $132 per square foot. This property was built in 1974. 206 Fountain Dr is a home located in Lynchburg City with nearby schools including Linkhorne Elementary School, Linkhorne Middle School, and E.C. Glass High School.

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