2308 Wards Rd Lynchburg, VA 24502
Montview Neighborhood
--
Bed
--
Bath
15,527
Sq Ft
0.67
Acres
About This Home
This home is located at 2308 Wards Rd, Lynchburg, VA 24502. 2308 Wards Rd is a home located in Lynchburg City with nearby schools including Sheffield Elementary School, Sandusky Middle School, and Heritage High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 5, 2025
Sold by
Jay Shree Dutt Llc
Bought by
New Image Hospitality Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,034,000
Outstanding Balance
$4,034,000
Interest Rate
6.64%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
New Image Hospitality Llc | $3,500,000 | Old Republic National Title |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | New Image Hospitality Llc | $4,034,000 | |
Previous Owner | Jay Shree Dutt Llc | $2,700 | |
Previous Owner | Francis Hospitality Inc | $3,200,000 | |
Previous Owner | Francis Hospitality Inc | $300,000 |
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 |
---|---|---|---|---|
2024 | $14,552 | $1,635,000 | $438,100 | $1,196,900 |
2023 | $14,551 | $1,635,000 | $438,100 | $1,196,900 |
2022 | $17,370 | $1,686,400 | $404,400 | $1,282,000 |
2021 | $18,719 | $1,686,400 | $404,400 | $1,282,000 |
2020 | $19,138 | $1,724,100 | $404,400 | $1,319,700 |
2019 | $19,138 | $1,724,100 | $404,400 | $1,319,700 |
2018 | $15,067 | $1,357,400 | $404,400 | $953,000 |
2017 | $15,067 | $1,357,400 | $404,400 | $953,000 |
2016 | $15,067 | $1,357,400 | $404,400 | $953,000 |
2015 | $15,067 | $1,312,700 | $369,400 | $943,300 |
2014 | $14,571 | $1,312,700 | $369,400 | $943,300 |
Source: Public Records
Map
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