NOT LISTED FOR SALE

224 Lake Crest Ln Lynchburg, VA 24502

Estimated Value: $503,603 - $587,000

-- Bed
3 Baths
2,905 Sq Ft
$187/Sq Ft Est. Value

About This Home

This home is located at 224 Lake Crest Ln, Lynchburg, VA 24502 and is currently estimated at $543,151, approximately $186 per square foot. 224 Lake Crest Ln is a home located in Lynchburg City with nearby schools including Sandusky Elementary School, Sandusky Middle School, and Heritage High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 1, 2019
Sold by
Carlson Robert J and Carlson Beverly O
Bought by
Linn Benjamin Guy and Linn Cynthia Bolton
Current Estimated Value
$543,151

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Outstanding Balance
$225,275
Interest Rate
3.65%
Mortgage Type
New Conventional
Estimated Equity
$303,223

Purchase Details

Closed on
Jun 20, 2018
Sold by
Chatraw Joshua D and Chatraw Tracy L
Bought by
Carlson Robert J and Carlson Beverly O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$259,920
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 10, 2014
Sold by
Lawrence Douglas M and Lawrence Denise E
Bought by
Chatraw Joshua D and Chatraw Tracy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,600
Interest Rate
4.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 7, 2013
Sold by
Belleview Developers Llc
Bought by
Lawrence Douglas M and Lawrence Denise E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,470
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 7, 2010
Sold by
Bell Thomas P and Bell Theodore L
Bought by
Belleview Developers Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$675,000
Interest Rate
5%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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
Linn Benjamin Guy $340,000 None Available
Carlson Robert J $324,900 Reliance Title
Chatraw Joshua D $292,500 None Available
Lawrence Douglas M $282,600 Reliance Title Settlement
Belleview Developers Llc -- Southern Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Linn Benjamin Guy $250,000
Previous Owner Carlson Robert J $259,920
Previous Owner Chatraw Joshua D $264,600
Previous Owner Lawrence Douglas M $268,470
Previous Owner Belleview Developers Llc $675,000
Previous Owner Bell Thomas P $203,314
Source: Public Records

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 $3,852 $432,800 $60,000 $372,800
2023 $3,852 $432,800 $60,000 $372,800
2022 $3,619 $351,400 $45,000 $306,400
2021 $3,901 $351,400 $45,000 $306,400
2020 $3,467 $312,300 $40,000 $272,300
2019 $3,467 $312,300 $40,000 $272,300
2018 $3,054 $270,400 $35,000 $235,400
2017 $3,001 $270,400 $35,000 $235,400
2016 $3,106 $279,800 $35,000 $244,800
2015 $3,106 $94,200 $32,500 $61,700
2014 $2,897 $121,500 $25,000 $96,500
Source: Public Records

Map

Virginia Lynchburg City County Lynchburg 24502

224 Lake Crest Ln, Lynchburg, VA

This home is located at 224 Lake Crest Ln, Lynchburg, VA 24502 and is currently estimated at $543,151, approximately $186 per square foot. 224 Lake Crest Ln is a home located in Lynchburg City with nearby schools including Sandusky Elementary School, Sandusky Middle School, and Heritage High School.

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