NOT LISTED FOR SALE

2306 Old Farm Rd Lynchburg, VA 24503

Estimated Value: $399,000 - $1,002,000

4 Beds
2 Baths
3,280 Sq Ft
$212/Sq Ft Est. Value

Last Sold September 29, 2023

Last sale price $925,000 $282 Per Sq Ft

Est. 25% decrease in value since last sale

Current estimated payment $3,794/month

16 Days on Market

Highlights

  • Barn
  • 183.7 Acre Lot
  • Wood Burning Stove
  • Forest Middle School Rated A-
  • Creek or Stream View
  • Living Room with Fireplace

About This Home

As of September 2023

This beautiful and peaceful property with its 1912 two story 4 bed/2 bath Farm House on almost 184 acres has been owned by the same family since 1903! There is a detached garage with office/workshop & full bath, log cabin, stream, barn & storage buildings on the property. Lynchburg address but located in the Forest area of Bedford County. If you are looking for acreage and privacy all within the conveniences of shopping, restaurants, schools, etc then this checks all the boxes! This property provides many options to include farming, recreation, plenty of room to raise a family or a peaceful place to retire. Bring your family, animals, farm equipment, and your dreams and while enjoying the existing wildlife and views, carry out the legacy of the former owners and how they envisioned this property to remain. This property sold AS-IS, WHERE-IS'' and is also subject to a conservation easement which restricts the property from ever being subdivided. Property must be sold as a whole.

Last Agent to Sell the Property

Stephen Mock

John Stewart Walker, Inc License #0225224860 Listed on: 08/23/2023

Last Buyer's Agent

Joyce Hamilton

Keller Williams License #0225029648

Keller Williams

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,471

Year Built

  • Built in 1912

Lot Details

  • 183.7 Acre Lot
  • Landscaped

Property Views

  • Creek or Stream
  • Mountain

Home Design

  • Farmhouse Style Home
  • Shingle Roof
  • Metal Roof

Interior Spaces

  • 3,280 Sq Ft Home
  • 2-Story Property
  • Multiple Fireplaces
  • Wood Burning Stove
  • Self Contained Fireplace Unit Or Insert
  • Living Room with Fireplace
  • Formal Dining Room
  • Den with Fireplace
  • Crawl Space

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Wood Under Carpet
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Bathtub Includes Tile Surround

Laundry

  • Dryer
  • Washer

Attic

  • Attic Floors
  • Walkup Attic

Home Security

  • Home Security System
  • Storm Doors

Parking

  • 2 Car Detached Garage
  • Oversized Parking
  • Garage Door Opener
  • Driveway

Schools

  • Boonsboro Elementary School
  • Forest Midl Middle School
  • Jefferson Forest-Hs High School

Utilities

  • Heat Pump System
  • Electric Baseboard Heater
  • Well
  • Electric Water Heater
  • Septic Tank

Additional Features

  • Outdoor Storage
  • Barn

Listing and Financial Details

  • Assessor Parcel Number 8104000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,471

Year Built

Built in 1912

Lot Details

0

Listing Details

  • FILLACRES: 183.7000
  • BuildingOnProperty: Barn, Storage Building, Other
  • Directions: Hawkins Mill Rd to Old Farm Rd.
  • Lot Measurement: Acres
  • Lot Sq Ft: 8001972.00
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 8104000
  • Year Built: 1912
  • Detached Garage: 2 Car
  • Heating System: Electric Baseboard, Heat Pump, Wood Stove
  • Building Stories: Two
  • Dwelling Styles: Farm House
  • Officeden Len: 14.000
  • Officeden Wid: 15.000
  • Foyer Area: 32.000000
  • Laundryroom Dim: 0.000 x 0.000
  • Living Room Dim: 15.000 x 15.000
  • Livingroom Len: 15.000
  • Livingroom Wid: 15.000
  • Masterbedroom Area: 210.000000
  • Master Bedroom Dim: 14.000 x 15.000
  • Masterbedroom Len: 14.000
  • Masterbedroom Wid: 15.000
  • Office Dim: 0.000 x 0.000
  • Sun Room Len: 15.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 2.00
  • Bathrooms Display: 2 (2 0)
  • Lower Floor 1 Bedrooms: 4
  • Broker Approved: Yes
  • High School2: Jefferson Forest-HS
  • Legal Description: IVY CR
  • Middle School2: Forest Midl
  • Reciprocal Listing: No
  • Street Number Modifier: 2320
  • Second Bedroom: 12x13 Level: Level 2 Above Grade
  • Second Bedroom Area: 156.000000
  • Third Bedroom: 14x15 Level: Level 2 Above Grade
  • Third Bedroom Area: 210.000000
  • Fourth Bedroom: 15x15 Level: Level 2 Above Grade
  • Fourth Bedroom Area: 225.000000
  • Above Grade Finished Sq Ft: 3280.00
  • ApplianceConvey: Dishwasher, Disposal, Dryer, Range-Elec, Refrigerator, Washer
  • Has Attic: Floored, Walk In, Walk-Up Stairs, Windows
  • Has Basement: Crawl Space
  • Flooring: Carpet, Carpet Over Hardwood, Tile, Vinyl
  • Year Built Exception: 0
  • Den: 14x15 Level: Level 1 Above Grade
  • Fireplace: 3 Fireplaces, Den, Living Room, Stove Insert
  • Formal Dining: 15x15 Level: Level 1 Above Grade
  • Foyer: 4x8 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 1
  • Level 2 Full Bathrooms: 1
  • Interior Amenities: Main Level Den, Security System, Separate Dining Room, Tile Bath(s), Walk-In Closet(s)
  • Dining Kitchen: 15x15 Level: Level 1 Above Grade
  • Laundry: Dryer Connection, Washer Connections
  • Living Room: 15x15 Level: Level 1 Above Grade
  • Master Bedroom: 14x15 Level: Level 2 Above Grade
  • Porch: 8x18 Level: Level 1 Above Grade
  • Sun Room: 15x40 Level: Level 1 Above Grade
  • Den Area: 210.000000
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 225.000000
  • LivingRoom Area: 225.000000
  • 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
  • Sun Room Area: 600.000000
  • Sunroom Dim: 15.000 x 40.000

Exterior Features

  • Roof: Metal, Shingle
  • New Construction: Completed
  • Exterior Features: Paved Drive, Concrete Drive, Landscaped, Storm Doors, Insulated Glass, Stream/Creek, Mountain Views

Garage/Parking

  • Garage Spaces: Garage Door Opener, Oversized
  • Garage Area: 648.000000
  • Garage Dim: 24.000 x 27.000
  • GarageLen: 24.000
  • GarageWid: 27.000

Utilities

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

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors

Schools

  • Elementary School #2: Boonsboro Elem
  • School District: Bedford

Lot Info

  • Lot Sq Ft: 3280.00
  • Zoning: R-1

Tax Info

  • Estimated Taxes: 1471

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2023
Closed on
Sep 28, 2023
Sold by
Hm And Jc Southall Declaration Of Trust and Houck Leighton S
Bought by
Charles T Cardwell Living Trust and Cardwell
Seller's Agent
Stephen Mock
John Stewart Walker, Inc
Buyer's Agent
Joyce Hamilton
Keller Williams
List Price
$1,200,000
Sold Price
$925,000
Premium/Discount to List
-$275,000
-22.92%
Views
44
Current Estimated Value
$694,916

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$230,084
Avg. Annual Appreciation
-12.85%

Purchase Details

Closed on
Nov 21, 2007
Sold by
Southal Horton M and Southal Jeanette C
Bought by
Appalachian Power Co
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
Charles T Cardwell Living Trust $925,000 None Listed On Document
Appalachian Power Co -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/29/2023 09/29/23 Sold $925,000 -22.9% $282 / Sq Ft
09/08/2023 09/08/23 Pending -- -- --
08/23/2023 08/23/23 For Sale $1,200,000 -- $366 / 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 $1,662 $408,400 $182,500 $225,900
2024 $1,662 $408,400 $182,500 $225,900
2023 $1,662 $202,700 $0 $0
2022 $1,456 $145,550 $0 $0
2021 $1,456 $291,200 $114,600 $176,600
2020 $1,456 $291,200 $114,600 $176,600
2019 $1,456 $291,200 $114,600 $176,600
2018 $1,570 $301,900 $104,600 $197,300
2017 $1,570 $301,900 $104,600 $197,300
2016 $1,570 $301,900 $104,600 $197,300
2015 $1,570 $301,900 $104,600 $197,300
2014 $1,156 $222,400 $74,600 $147,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 347648

APN: 81-A-29