NOT LISTED FOR SALE

224 Chapel Ln Lynchburg, VA 24501

Estimated Value: $163,000 - $205,781

4 Beds
1 Bath
1,084 Sq Ft
$170/Sq Ft Est. Value

Last Sold July 26, 2021

Last sale price $137,000 $126 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $1,088/month

2 Days on Market

Highlights

  • Ranch Style House
  • Garden
  • High Speed Internet
  • Wood Flooring
  • Storm Doors

About This Home

As of July 2021

Newly remodeled 4 bedroom home with a large yard and paved drive with carport. The paved drive was recently sealed. New floors and all new windows. New heat pump. Full unfinished basement for workshop or future expansion. Main level laundry. The screened in deck overlooks the large back yard. New appliances in the kitchen convey. Rocking chair front porch. Concrete patio under the covered the deck. New cabinets and butcher block countertops. Call today.

Last Agent to Sell the Property

Jeremy Phillips

BHHS Dawson Ford Garbee-Forest License #0225211875 Listed on: 06/24/2021

Last Buyer's Agent

Preston Davidson

Mark A. Dalton & Co., Inc. License #0225226908

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $697

Year Built

  • Built in 1961

Lot Details

  • 0.68 Acre Lot
  • Garden

Parking

  • 1 Carport Space

Home Design

  • 1,084 Sq Ft Home
  • Ranch Style House
  • Shingle Roof

Flooring

  • Wood
  • Vinyl Plank
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Schools

  • Linkhorne Elementary School
  • Pl Dunbar Midl Middle School
  • Heritage High School

Utilities

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

Additional Features

  • Electric Range
  • Laundry on main level

Community Details

  • Old Forest Rd Subdivision

Listing and Financial Details

  • Assessor Parcel Number 22614013

Home Details

Home Type

Single Family

Est. Annual Taxes

$697

Year Built

Built in 1961

Lot Details

0

Listing Details

  • FILLACRES: 0.6764
  • Directions: Lakeside Dr to Old Forest Rd to left on Chapel Ln. House on the right.
  • ElementarySchool7: Linkhorne Elem
  • HighSchool7: Heritage High
  • Internet Providers: Comcast/Xfinity
  • Lot Measurement: Acres
  • Lot Sq Ft: 29464.00
  • MiddleSchool7: PL Dunbar Midl
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 22614013
  • Year Built: 1961
  • Heating System: Heat Pump
  • Building Stories: One
  • Dwelling Styles: Ranch
  • Laundryroom Dim: 6.000 x 9.500
  • Laundryroom Len: 6.000
  • Living Room Dim: 17.000 x 17.000
  • Livingroom Len: 17.000
  • Livingroom Wid: 17.000
  • Masterbedroom Area: 115.500000
  • Master Bedroom Dim: 11.000 x 10.500
  • Masterbedroom Len: 11.000
  • Masterbedroom Wid: 10.500
  • 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: 4
  • Broker Approved: Yes
  • Legal Description: OTTERVIEW FARMS, LOTS 9-12
  • Reciprocal Listing: No
  • Second Bedroom: 9x9.50 Level: Level 1 Above Grade
  • Second Bedroom Area: 85.500000
  • Third Bedroom: 9x9.50 Level: Level 1 Above Grade
  • Third Bedroom Area: 85.500000
  • Fourth Bedroom: 7x8.50 Level: Level 1 Above Grade
  • Fourth Bedroom Area: 59.500000
  • Above Grade Finished Sq Ft: 1084.00
  • ApplianceConvey: Range-Elec, Refrigerator
  • Has Attic: Other
  • Has Basement: Exterior Entrance, Full, Interior Entrance, Walkout
  • Flooring: Vinyl, Vinyl Plank, Wood
  • Year Built Exception: 0
  • Formal Dining: 11x9 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 1
  • Interior Amenities: Cable Available, Cable Connections, High Speed Data Aval
  • Dining Kitchen: 8x7.50 Level: Level 1 Above Grade
  • Laundry: Main Level
  • Laundry Room: 6x9.50 Level: Level 1 Above Grade
  • Living Room: 17x17 Level: Level 1 Above Grade
  • Master Bedroom: 11x10.50 Level: Level 1 Above Grade
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 60.000000
  • Laundry Room Area: 57.000000
  • LivingRoom Area: 289.000000
  • 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

  • Lot Number: 9-12
  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: Paved Drive, Garden Space, Storm Doors

Garage/Parking

  • CarportParking: 1 Car
  • Garage Dim: 0.000 x 0.000

Utilities

  • Utility Electric: AEP/Appalachian Powr
  • Air Conditioner: Heat Pump
  • Sewer: Septic Tank
  • Hot Water: City
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors
  • Subdivision Complex: Old Forest Rd

Schools

  • School District: Lynchburg
  • School District: Lynchburg

Lot Info

  • Lot Sq Ft: 1084.00

Tax Info

  • Estimated Taxes: 697

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2021
Closed on
Jul 26, 2021
Sold by
Electronics To Go Llc
Bought by
Perry Jennifer Rose
Seller's Agent
Jeremy Phillips
BHHS Dawson Ford Garbee-Forest
Buyer's Agent
Preston Davidson
Mark A. Dalton & Co., Inc.
List Price
$137,000
Sold Price
$137,000
Current Estimated Value
$184,695

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,695
Avg. Annual Appreciation
7.37%
Original Mortgage
$132,890
Outstanding Balance
$120,687
Interest Rate
2.96%
Mortgage Type
New Conventional
Estimated Equity
$64,008

Purchase Details

Listed on
Sep 5, 2019
Closed on
Dec 23, 2019
Sold by
Dlj Mortgage Capital Inc
Bought by
Electronics To Go Llc
Seller's Agent
Mike Levan
BHHS Dawson Ford Garbee
Buyer's Agent
Jeremy Phillips
BHHS Dawson Ford Garbee-Forest
List Price
$79,900
Sold Price
$43,500
Premium/Discount to List
-$36,400
-45.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
105.76%

Purchase Details

Closed on
Aug 12, 2019
Sold by
Professional Foreclosure
Bought by
Dlj Mtg Cap Inc
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
Perry Jennifer Rose $137,000 Fidelity National Title
Electronics To Go Llc $43,500 None Available
Dlj Mtg Cap Inc $65,000 --
Dlj Mortgage Capital Inc $65,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perry Jennifer Rose $132,890
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/26/2021 07/26/21 Sold $137,000 0.0% $126 / Sq Ft
06/26/2021 06/26/21 Pending -- -- --
06/24/2021 06/24/21 For Sale $137,000 +214.9% $126 / Sq Ft
12/23/2019 12/23/19 Sold $43,500 -45.6% $41 / Sq Ft View Prior Sale
12/16/2019 12/16/19 Pending -- -- --
09/05/2019 09/05/19 For Sale $79,900 -- $75 / 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 $1,332 $158,600 $23,400 $135,200
2024 $1,149 $129,100 $18,700 $110,400
2023 $1,149 $129,100 $18,700 $110,400
2022 $1,138 $110,500 $18,000 $92,500
2021 $475 $42,800 $18,000 $24,800
2020 $929 $83,700 $18,000 $65,700
2019 $929 $83,700 $18,000 $65,700
2018 $817 $73,600 $15,000 $58,600
2017 $817 $73,600 $15,000 $58,600
2016 $817 $73,600 $15,000 $58,600
2015 $817 $73,600 $15,000 $58,600
2014 $817 $73,600 $15,000 $58,600
Source: Public Records

Agents Affiliated with this Home

  • Jeremy Phillips

    Seller's Agent in 2021

    Jeremy Phillips

    BHHS Dawson Ford Garbee-Forest

    (434) 221-8196

    171 Total Sales

    Jeremy Phillips
    Section Image

  • P

    Buyer's Agent in 2021

    Preston Davidson

    Mark A. Dalton & Co., Inc.

    (434) 941-0455

    138 Total Sales

    Preston Davidson
    Section Image

  • M

    Seller's Agent in 2019

    Mike Levan

    BHHS Dawson Ford Garbee

    (434) 942-8393

    120 Total Sales

    Mike Levan
    Section Image
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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 332454

APN: 226-14-013

Virginia Lynchburg City County Lynchburg 24501

224 Chapel Ln, Lynchburg, VA

This home is located at 224 Chapel Ln, Lynchburg, VA 24501 since 24 June 2021 and is currently estimated at $184,695, approximately $170 per square foot. This property was built in 1961. 224 Chapel Ln is a home located in Lynchburg City with nearby schools including Linkhorne Elementary School, Paul Laurence Dunbar Mid. for Innov., and Heritage High School.

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