NOT LISTED FOR SALE

280 Riverside Dr Lynchburg, VA 24503

Riverside Neighborhood

Estimated Value: $426,000 - $583,000

0.48 Acre
$1,082,969 Price per Acre
21,039 Sq Ft Lot

Sale Details

Date Sold: January 6, 2022

Last sale price $20,000 $1 Per Sq Ft

Est. 2,515% increase in value since last sale

Current estimated payment $3,194 / mo

93 Days on Market

About This Lot

As of January 2022

***Great Location for BUILDER or BUYERS that want to Build their Custom Home***Many lots have been sold and houses built. Almost 1/2 ACRE level lot. City Water & Sewer. Ready to Pull a Permit and start building now. Curb, Gutter, & Driveway Apron installed ***Tax assessed for $28,500***

Last Agent to Sell the Property

Bob Sherman

RE/MAX 1st Olympic License #0225062317 Listed on: 09/07/2021

RE/MAX 1st Olympic

Last Buyer's Agent

Johanna Calfee

Lauren Bell Real Estate, Inc. License #0225241839

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $316

Lot Details

  • 21,039 Sq Ft Lot
  • Property is zoned R-2

Schools

  • Paul Munro Elementary School
  • Linkhorne Midl Middle School
  • E. C. Glass High School

Utilities

  • Underground Utilities
  • Cable TV Available

Community Details

  • The Bluffs At Riverside Subdivision

Listing and Financial Details

  • Assessor Parcel Number 04112003

Property Details

Property Type

Land

Est. Annual Taxes

$316

Lot Details

0.48 Acres

Listing Details

  • FILLACRES: 0.4830
  • BuildingOnProperty: None
  • Directions: From Downtown, Rivermont Ave, to right on Riverside Drive to the end. Lot is on the right with sign.
  • ElementarySchool7: Paul Munro Elem
  • HighSchool7: E. C. Glass High
  • Lot Measurement: Acres
  • Lot Sq Ft: 21039.00
  • MiddleSchool7: Linkhorne Midl
  • Days On Market: No
  • Property Subtype1: Unimproved Land
  • Prop. Type: Land
  • Restrictions: Dblwides Not Allowed, Mobiles Not Allowed, No Horses Allowed, No Livestock Allowed
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 04112003
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Disability Access: Rd Frnt State Paved
  • Accessible Transportation: Air 2-5 Miles, City Maintained, State Maintained Rd
  • Bathrooms Display: 0 (0 0)
  • Broker Approved: Yes
  • Legal Description: Lot 11, Section 2, The Bluffs at Riverside
  • Reciprocal Listing: No

Exterior Features

  • Lot Number: 11
  • Topography: One Bldg Site, Mostly Level

Utilities

  • Utilities: Cable Available, ElectricityAvailable, Sewer System Avail, Underground Electric, Utility Easement, Water System Avail

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors
  • Subdivision Complex: The Bluffs at Riverside

Schools

  • School District: Lynchburg

Lot Info

  • Best Use: Dvlp to Residential
  • Current Use: Residential, Single Family, Subdivision
  • Zoning: R-2

Tax Info

  • Estimated Taxes: 316

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 17, 2023
Sold by
Bought by
Current Estimated Value
$523,074

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$474,050
Outstanding Balance
$457,574
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$65,500

Purchase Details

Listed on
Sep 7, 2021
Closed on
Jan 5, 2022
Sold by
Bought by
Seller's Agent
Bob Sherman
RE/MAX 1st Olympic
Buyer's Agent
Johanna Calfee
Lauren Bell Real Estate, Inc.
List Price
$22,900
Sold Price
$20,000
Premium/Discount to List
-$2,900
-12.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
106.21%

Purchase Details

Closed on
Jun 7, 2018
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$499,000 --
$20,000 Old Republic National Title
$23,500 Fidelity National Title Insu
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $460,500
Closed $474,050
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/06/2022 01/06/22 Sold $20,000 -12.7% $1 / Sq Ft
12/09/2021 12/09/21 Pending -- -- --
09/07/2021 09/07/21 For Sale $22,900 -- $1 / Sq Ft
Source: Lynchburg Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $4,423 $526,600 $45,000 $481,600
2024 $4,112 $462,000 $40,000 $422,000
2023 $4,112 $462,000 $40,000 $422,000
2022 $294 $28,500 $28,500 $0
2021 $316 $28,500 $28,500 $0
2020 $316 $28,500 $28,500 $0
2019 $316 $28,500 $28,500 $0
2018 $316 $28,500 $28,500 $0
2017 $316 $28,500 $28,500 $0
2016 $316 $28,500 $28,500 $0
2015 $158 $28,500 $28,500 $0
2014 $79 $28,500 $28,500 $0
Source: Public Records

Agents Affiliated with this Home

  • Bob Sherman

    Seller's Agent in 2022

    Bob Sherman

    RE/MAX

    (434) 258-2233

    1 in this area

    2 Total Sales

    Bob Sherman
    Section Image

  • J

    Buyer's Agent in 2022

    Johanna Calfee

    Lauren Bell Real Estate, Inc.

    Section Image
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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 333993

APN: 041-12-003

Virginia Lynchburg City County Lynchburg 24503 Riverside

280 Riverside Dr, Lynchburg, VA

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