NOT LISTED FOR SALE

2815 Candlers Mountain Rd Lynchburg, VA 24502

Montview Neighborhood

Estimated Value: $5,324,322

-- Bed
-- Bath
16,677 Sq Ft
$319/Sq Ft Est. Value

About This Home

This home is located at 2815 Candlers Mountain Rd, Lynchburg, VA 24502 and is currently estimated at $5,324,322, approximately $319 per square foot. 2815 Candlers Mountain 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
Current Estimated Value
$5,324,322

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
Estimated Equity
$1,214,419

Purchase Details

Closed on
Apr 29, 2013
Sold by
Crist Motel Inc
Bought by
Francis Hospitality Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
3.57%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

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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

Date Buyer Sale Price Title Company
New Image Hospitality Llc $3,500,000 Old Republic National Title
Francis Hospitality Inc $2,500,000 None Available
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 $300,000
Previous Owner Francis Hospitality Inc $3,200,000
Source: Public Records

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
2024 $10,769 $1,210,000 $1,050,000 $160,000
2023 $10,769 $1,210,000 $1,050,000 $160,000
2022 $12,854 $1,248,000 $962,500 $285,500
2021 $13,853 $1,248,000 $962,500 $285,500
2020 $14,162 $1,275,900 $962,500 $313,400
2019 $14,162 $1,275,900 $962,500 $313,400
2018 $19,187 $1,728,600 $875,000 $853,600
2017 $19,187 $1,728,600 $875,000 $853,600
2016 $19,187 $1,728,600 $875,000 $853,600
2015 $19,187 $1,524,700 $700,000 $824,700
2014 $16,924 $1,524,700 $700,000 $824,700
Source: Public Records

Map

Virginia Lynchburg City County Lynchburg 24502 Montview

2815 Candlers Mountain Rd, Lynchburg, VA

This home is located at 2815 Candlers Mountain Rd, Lynchburg, VA 24502 and is currently estimated at $5,324,322, approximately $319 per square foot. 2815 Candlers Mountain Rd is a home located in Lynchburg City with nearby schools including Sheffield Elementary School, Sandusky Middle School, and Heritage High School.

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