NOT LISTED FOR SALE

249 Russell Springs Dr Lynchburg, VA 24501

Estimated Value: $356,000 - $384,000

4 Beds
3 Baths
1,820 Sq Ft
$200/Sq Ft Est. Value

Last Sold August 10, 2023

Last sale price $325,000 $179 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,025/month

2 Days on Market

Highlights

  • Ski Accessible
  • Ranch Style House
  • Walk-In Closet
  • Mountain View
  • Fenced Yard
  • En-Suite Primary Bedroom

About This Home

As of August 2023

This is not your cookie cutter ranch home! As you enter through the front door, you'll be impressed by the vaulted ceiling and comfortable open concept great room. The beautiful kitchen is perfect for today's casual entertaining, with seating for 8 at the 7x4 center island w/quartz countertops, coffee bar, plenty of storage, farm sink & Samsung appliances. The primary bedroom has tray ceiling, private bathroom with jacuzzi tub, shower, and plenty of storage. Two more bedrooms and lovely bathroom are on the main level. Also, there's a large pantry that has a washer & dryer hookup if you want to move laundry to the main level. Upstairs is a hidden surprise with tongue & groove pine walls & ceiling, housing a 4th bedroom, den, closet and bathroom-a separate mini-split HVAC unit takes care of this level. The walk-out basement has poured walls and a rough-in for a another bathroom. The storage building conveys. Fenced-in yard and rear deck for enjoying the views! No showings until 7/14/23.

Last Agent to Sell the Property

April Bailey

RE/MAX 1st Olympic License #225178771 Listed on: 07/13/2023

RE/MAX 1st Olympic

Last Buyer's Agent

Kelly Perdieu

John Stewart Walker, Inc License #0225247599

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $867

Year Built

  • Built in 2003

Lot Details

  • 0.3 Acre Lot
  • Fenced Yard
  • Landscaped

Parking

  • Driveway

Home Design

  • Ranch Style House
  • Poured Concrete
  • Shingle Roof

Interior Spaces

  • 1,820 Sq Ft Home
  • Ceiling Fan
  • Mountain Views
  • Fire and Smoke Detector
  • Washer and Dryer Hookup

Kitchen

  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Laundry in Basement
  • Rough-In Basement Bathroom

Outdoor Features

  • Outdoor Storage

Schools

  • Yellow Branch Elementary School
  • Rustburg Midl Middle School
  • Rustburg High School

Utilities

  • Mini Split Air Conditioners
  • Heat Pump System
  • Mini Split Heat Pump
  • Underground Utilities
  • Electric Water Heater
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 22G118

Community Details

Overview

  • 1 Russell Spgs Subdivision

Recreation

  • Ski Accessible

Home Details

Home Type

Single Family

Est. Annual Taxes

$867

Year Built

Built in 2003

Lot Details

0

Listing Details

  • FILLACRES: 0.3000
  • BuildingOnProperty: Storage Building
  • Directions: Route 29 S to English Tavern Rd; L onto Russell Springs to home on the Right at the corner of Russell Springs Dr and Addie Way.
  • ElementarySchool4: Yellow Branch Elem
  • HighSchool4: Rustburg High
  • Internet Providers: Shentel
  • Lot Measurement: Acres
  • Lot Sq Ft: 13068.00
  • MiddleSchool4: Rustburg Midl
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 22G118
  • Year Built: 2003
  • Heating System: Heat Pump, Mini-Split
  • Building Stories: One
  • Dwelling Styles: Ranch
  • Officeden Len: 13.000
  • Officeden Wid: 13.000
  • Laundryroom Dim: 0.000 x 0.000
  • Living Room Dim: 0.000 x 0.000
  • Masterbedroom Area: 182.000000
  • Master Bedroom Dim: 14.000 x 13.000
  • Masterbedroom Len: 14.000
  • Masterbedroom Wid: 13.000
  • Office Dim: 0.000 x 0.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 3.00
  • Bathrooms Display: 3 (3 0)
  • Lower Floor 1 Bedrooms: 4
  • Broker Approved: Yes
  • Legal Description: RUSSELL SPRINGS - LOT 18 SEC 1
  • Reciprocal Listing: No
  • Second Bedroom: 12x11 Level: Level 1 Above Grade
  • Second Bedroom Area: 132.000000
  • Third Bedroom: 10x11 Level: Level 1 Above Grade
  • Third Bedroom Area: 110.000000
  • Fourth Bedroom: 16x12 Level: Level 2 Above Grade
  • Fourth Bedroom Area: 192.000000
  • Above Grade Finished Sq Ft: 1820.00
  • ApplianceConvey: Dishwasher, Microwave, Range-Elec, Refrigerator, Self Cleaning Oven
  • Has Attic: None
  • Has Basement: Exterior Entrance, Full, Interior Entrance, Poured Concrete, Roughed in Bath, Walkout
  • Flooring: Carpet, Ceramic Tile, Laminate, Vinyl
  • Year Built Exception: 0
  • Deck: 15x12 Level: Level 1 Above Grade
  • Den: 13x13 Level: Level 2 Above Grade
  • Level 1 Full Bathrooms: 2
  • Level 2 Full Bathrooms: 1
  • Great Room: 24x18 Level: Level 1 Above Grade
  • Interior Amenities: Cable Available, Cable Connections, Ceiling Fan(s), Drywall, High Speed Data Aval, Main Level Bedroom, Master Bed w/ Bath, Pantry, Rods, Smoke Alarm, Walk-In Closet(s)
  • Laundry: Basement, Dryer Connection, Washer Connections
  • Master Bedroom: 14x13 Level: Level 1 Above Grade
  • Porch: 8x4 Level: Level 1 Above Grade
  • Den Area: 169.000000
  • GreatRoom Area: 432.000000
  • Livinggreat Room Dim: 24.000 x 18.000
  • 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: 18
  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: Concrete Drive, Fenced Yard, Landscaped, Insulated Glass, Undergrnd Utilities, Mountain Views, Ski Slope Nearby

Garage/Parking

  • Garage Dim: 0.000 x 0.000

Utilities

  • Utility Electric: AEP/Appalachian Powr
  • Air Conditioner: Heat Pump, Mini-Split
  • Sewer: Septic Tank
  • Hot Water: County
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors
  • Subdivision Complex: 1 Russell Spgs

Schools

  • School District: Campbell

Lot Info

  • Lot Sq Ft: 1820.00

Tax Info

  • Estimated Taxes: 867

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2023
Closed on
Aug 7, 2023
Sold by
Michael Ferrer Richard and Smith Sharon
Bought by
Pate Jimmie Verdell and Pate Deanna Rae
Seller's Agent
April Bailey
RE/MAX 1st Olympic
Buyer's Agent
Kelly Perdieu
John Stewart Walker, Inc
List Price
$319,900
Sold Price
$325,000
Premium/Discount to List
$5,100
1.59%
Views
27
Current Estimated Value
$364,855

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,855
Avg. Annual Appreciation
5.09%

Purchase Details

Listed on
Jul 7, 2020
Closed on
Aug 28, 2020
Sold by
Seavers Darryl R and Seavers Jody M
Bought by
Ferrer Richard Michael and Ferrer Sharon Smith
Seller's Agent
Brenda Freeman
Century 21 ALL-SERVICE-FOR
Buyer's Agent
April Bailey
RE/MAX 1st Olympic
List Price
$237,900
Sold Price
$240,000
Premium/Discount to List
$2,100
0.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.82%
Original Mortgage
$160,765
Interest Rate
2.9%
Mortgage Type
FHA

Purchase Details

Listed on
Jan 28, 2013
Closed on
Jun 21, 2013
Sold by
St John Jordan C
Bought by
Seavers Darryl R
Seller's Agent
Evelyn Lowe
Century 21 ALL-SERVICE-FOR
Buyer's Agent
R Smawley
Century 21 ALL-SERVICE
List Price
$179,900
Sold Price
$171,700
Premium/Discount to List
-$8,200
-4.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.83%
Original Mortgage
$175,204
Interest Rate
3.45%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Pate Jimmie Verdell $325,000 Blue Ridge Title
Ferrer Richard Michael $240,000 Attorney
Seavers Darryl R $171,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ferrer Richard Michael $160,765
Previous Owner Seavers Darryl R $175,204
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/10/2023 08/10/23 Sold $325,000 +1.6% $179 / Sq Ft
07/15/2023 07/15/23 Pending -- -- --
07/13/2023 07/13/23 For Sale $319,900 +33.3% $176 / Sq Ft
08/28/2020 08/28/20 Sold $240,000 +0.9% $132 / Sq Ft View Prior Sale
07/09/2020 07/09/20 Pending -- -- --
07/07/2020 07/07/20 For Sale $237,900 +38.6% $131 / Sq Ft
07/26/2013 07/26/13 Sold $171,700 -4.6% $131 / Sq Ft View Prior Sale
05/23/2013 05/23/13 Pending -- -- --
01/28/2013 01/28/13 For Sale $179,900 -- $137 / 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 $1,269 $282,100 $40,000 $242,100
2024 $1,269 $282,100 $40,000 $242,100
2023 $1,269 $282,100 $40,000 $242,100
2022 $867 $166,700 $36,000 $130,700
2021 $867 $166,700 $36,000 $130,700
2020 $867 $166,700 $36,000 $130,700
2019 $867 $166,700 $36,000 $130,700
2018 $931 $179,000 $36,000 $143,000
2017 $931 $179,000 $36,000 $143,000
2016 $931 $179,000 $36,000 $143,000
2015 -- $179,000 $36,000 $143,000
2014 -- $171,700 $36,000 $135,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 345157

APN: 022G-01000-018-0