NOT LISTED FOR SALE

243 Village Terrace Concord, VA 24538

Estimated Value: $308,000 - $349,457

3 Beds
3 Baths
2,620 Sq Ft
$123/Sq Ft Est. Value

Last Sold December 20, 2023

Last sale price $294,350 $112 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,861/month

121 Days on Market

Highlights

  • 1.57 Acre Lot
  • Freestanding Bathtub
  • Game Room
  • Secluded Lot
  • Great Room
  • Fenced Yard

About This Home

As of December 2023

Welcome to this spacious, picturesque home in a beautiful, quiet neighborhood surrounded by fully grown hardwood trees. The secluded lot includes a fenced area for your pets. There is a large 2 car garage connected to basement. Inside is move in ready with many upgrades and amenities and there is ample room to entertain your guests. The home is located in an excellent county school system and this is a good place to raise a family. You are in the country but have only a 15 minutes drive to Lynchburg and Liberty University

Last Agent to Sell the Property

Wayne Phillips

Phillips Key Properties License #0225107984 Listed on: 07/26/2023

Last Buyer's Agent

Schyler Higgins

Cornerstone Realty Group Inc. License #0225225837

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,600

Year Built

  • Built in 1995

Lot Details

  • 1.57 Acre Lot
  • Fenced Yard
  • Landscaped
  • Secluded Lot
  • Garden

Home Design

  • Shingle Roof

Interior Spaces

  • 2,620 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Great Room
  • Game Room
  • Attic Access Panel
  • Storm Doors

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Laminate
  • Vinyl Plank
  • Vinyl

Bedrooms and Bathrooms

  • Freestanding Bathtub

Laundry

  • Laundry closet
  • Washer and Dryer Hookup

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Interior and Exterior Basement Entry

Parking

  • Garage
  • Basement Garage
  • Off-Street Parking

Schools

  • Concord Elementary School
  • Rustburg Midl Middle School
  • Rustburg High School

Utilities

  • Heat Pump System
  • Mini Split Heat Pump
  • Hot Water Heating System
  • Heating System Mounted To A Wall or Window
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 260112

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,600

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Directions: Rt 460 to Concord. Right on Rt 24 to Village Terrace. Broken Glass door to Deck will be replaced Door to Garage to Basement will be relaced.
  • Days On Market: No
  • Prop. Type: Residential
  • Year Built: 1995
  • FullBathBelowGrade: 1
  • Garage Yn: Yes
  • Property Sub-Type: Single Family Residence
  • Above Grade Finished Sq Ft: 1820.00
  • Architectural Style: Ranch
  • Laundryroom Dim: 5.000 x 5.000
  • Office Dim: 0.000 x 0.000
  • Laundryroom Len: 5.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 3.00
  • Bathrooms Display: 3 (3 0)
  • Broker Approved: Yes
  • Reciprocal Listing: No
  • Has Attic: Access
  • Has Basement: Exterior Entrance, Finished, Game Room, Garage, Heated, Interior Entrance, Walkout
  • Flooring: Laminate, Vinyl, Vinyl Plank
  • Deck: 10x10 Level: Level 1 Above Grade
  • Den: 13x19 Level: Below Grade
  • Family Room: 21x21 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 2
  • Interior Amenities: Ceiling Fan(s), Drywall, Free-Standing Tub, Great Room, Main Level Bedroom, Primary Bed w/Bath
  • Dining Kitchen: 11x16 Level: Level 1 Above Grade
  • Laundry: Dryer Connection, Laundry Closet, Washer Connections
  • Laundry Room: 5x5 Level: Level 1 Above Grade
  • Living Room: 13x21 Level: Level 1 Above Grade
  • Master Bedroom: 12x15 Level: Level 1 Above Grade
  • Porch: 6x38 Level: Level 1 Above Grade
  • Rec Room: 10x13 Level: Below Grade
  • Appliances: Dishwasher, Microwave, Range-Elec, Refrigerator
  • Stories: One
  • Third Bedroom: 12x12 Level: Level 1 Above Grade
  • Second Bedroom: 12x13 Level: Level 1 Above Grade
  • Room Family Room Area: 441.000000
  • Room Bedroom3 Area: 144.000000
  • Room Master Bedroom Area: 180.000000
  • Den Area: 247.000000
  • Room Kitchen Area: 176.000000
  • Room Living Room Area: 273.000000
  • Room Bedroom2 Area: 156.000000
  • MasterBedroomDimensions Dim: 12.000 x 15.000
  • Kitchen Dim: 11.000 x 16.000
  • Sunroom Dim: 0.000 x 0.000
  • Master Bedroom Master Bedroom Width: 15.000

Exterior Features

  • Lot Number: 12
  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: Off-Street Parking, Paved Drive, Fenced Yard, Garden Space, Landscaped, Secluded Lot, Storm Doors

Garage/Parking

  • Garage Area: 1064.000000
  • Garage Dim: 28.000 x 38.000
  • GarageLen: 28.000
  • GarageWid: 38.000
  • General Property Description:_pound_ Attached Garage Spaces: 2 Car
  • Garage Description: In Basement, Oversized

Utilities

  • Cooling: Heat Pump
  • Sewer: Septic Tank
  • Water Heater: Electric
  • Heating: Heat Pump, Hot Water-Elec, Ductless Mini-Split, Wall/Space Unit
  • Water Source: Well

Schools

  • Elementary School: Concord Elem
  • High School: Rustburg High
  • Middle School: Rustburg Midl
  • Junior High Dist: Campbell

Lot Info

  • Acres: 1.5700
  • Lot Size Sq Ft: 68389.00
  • ResoLotSizeUnits: Acres
  • Parcel Number: 260112
  • ResoLotSizeUnits: Acres

Rental Info

  • Sub Lease: No
  • Sub Lease Expiration Date: 1800-01-01T00:00:00.001-05:00

Tax Info

  • Estimated Taxes: 1600

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2023
Closed on
Dec 5, 2023
Sold by
Jones Angie R
Bought by
Brown Destin
Seller's Agent
Wayne Phillips
Phillips Key Properties
Buyer's Agent
Schyler Higgins
Cornerstone Realty Group Inc.
List Price
$359,995
Sold Price
$294,350
Premium/Discount to List
-$65,645
-18.23%
Views
367
Current Estimated Value
$321,864

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,514
Avg. Annual Appreciation
8.11%
Original Mortgage
$289,017
Interest Rate
7.5%
Mortgage Type
FHA

Purchase Details

Listed on
Oct 4, 2022
Closed on
Apr 4, 2023
Sold by
Leonard David Wayne
Bought by
Jones Angie R
Seller's Agent
Angie Holt
Key to Your Heart Realty
Buyer's Agent
Wayne Phillips
Phillips Key Properties
List Price
$314,900
Sold Price
$255,000
Premium/Discount to List
-$59,900
-19.02%
Views
15

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.12%

Purchase Details

Listed on
Mar 17, 2015
Closed on
Oct 9, 2015
Sold by
Simpkins Robert E
Bought by
Leonard David W
Seller's Agent
Jim Straebel
Coldwell Banker Forehand & Co.
Buyer's Agent
Austin Pike
Reddy Real Estate, Inc.
List Price
$189,900
Sold Price
$184,500
Premium/Discount to List
-$5,400
-2.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.42%
Original Mortgage
$181,157
Interest Rate
3.87%
Mortgage Type
FHA
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
Brown Destin $294,350 Fidelity National Title
Jones Angie R $255,000 Old Republic National Title
Leonard David W $184,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Destin $292,025
Closed Brown Destin $289,017
Previous Owner Leonard David W $181,157
Previous Owner Simpkins Robert E $45,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2023 12/20/23 Sold $294,350 -1.9% $112 / Sq Ft
11/24/2023 11/24/23 Pending -- -- --
09/26/2023 09/26/23 Price Changed $299,997 -4.3% $115 / Sq Ft
09/11/2023 09/11/23 Price Changed $313,313 -5.0% $120 / Sq Ft
08/28/2023 08/28/23 Price Changed $329,950 0.0% $126 / Sq Ft
08/07/2023 08/07/23 Price Changed $329,995 +1.5% $126 / Sq Ft
08/06/2023 08/06/23 Price Changed $324,995 -9.7% $124 / Sq Ft
07/26/2023 07/26/23 For Sale $359,995 +41.2% $137 / Sq Ft
04/11/2023 04/11/23 Sold $255,000 -19.0% $101 / Sq Ft
11/02/2022 11/02/22 Pending -- -- --
10/04/2022 10/04/22 For Sale $314,900 +70.7% $125 / Sq Ft
10/15/2015 10/15/15 Sold $184,500 -2.8% $73 / Sq Ft
10/12/2015 10/12/15 Pending -- -- --
03/17/2015 03/17/15 For Sale $189,900 -- $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 $1,282 $284,800 $34,000 $250,800
2024 $1,282 $284,800 $34,000 $250,800
2023 $1,282 $284,800 $34,000 $250,800
2022 $1,009 $194,100 $32,000 $162,100
2021 $1,009 $194,100 $32,000 $162,100
2020 $1,009 $194,100 $32,000 $162,100
2019 $1,009 $194,100 $32,000 $162,100
2018 $1,046 $201,200 $27,600 $173,600
2017 $1,046 $201,200 $27,600 $173,600
2016 $1,046 $201,200 $27,600 $173,600
2015 -- $201,200 $27,600 $173,600
2014 -- $199,700 $27,700 $172,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 345432

APN: 26D-1-12