NOT LISTED FOR SALE

283 Addie Way Lynchburg, VA 24501

Estimated Value: $426,000 - $447,000

4 Beds
3 Baths
3,220 Sq Ft
$135/Sq Ft Est. Value

Last Sold August 31, 2018

Last sale price $261,000 $81 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $2,423/month

37 Days on Market

Highlights

  • Ski Accessible
  • Mountain View
  • Great Room
  • Cape Cod Architecture
  • Main Floor Bedroom
  • Game Room

About This Home

As of August 2018

Exceptional 4 BR Home with Den & Full Basement - Only 5 Minutes to Liberty University! Elegant & meticulously maintained, better-than-new home in an unbeatable location! QUICK access to Liberty University, Joe Beans, Starbucks, shopping, restaurants, entertainment, and so much more! Fabulous floor plan. Professional Landscaping. Rocking chair front porch. Quiet neighborhood that is perfect for riding bikes, taking walks, or simply relaxing outside. Private covered back deck is AH-MAZING! Glorious mountain views, and bonus area for cooking out and entertaining friends. Bright kitchen is spacious and inviting with cheery, sun-filled breakfast nook. Elegant formal living area with gas logs. Two spacious main level bedrooms with full bath. Upstairs boasts a mind-blowing 24x22 Master Suite & Bath with 2 Massive Walk-In Closets AND Bonus Area. Laundry hookups on 2nd level AND Terrace level for guest suite or AirBnb. Terrace Level offers 4th BR AND 3rd Bathroom, Office, Den & Living Area.

Last Agent to Sell the Property

Adam Hopkins

Virginia Homes & Land Realty License #0225067228 Listed on: 06/20/2018

Last Buyer's Agent

Adam Hopkins

Virginia Homes & Land Realty License #0225067228 Listed on: 06/20/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,310

Year Built

  • Built in 2005

Lot Details

  • 0.34 Acre Lot
  • Landscaped
  • Garden

Parking

  • Driveway

Home Design

  • Cape Cod Architecture
  • Shingle Roof

Interior Spaces

  • 3,220 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Great Room
  • Living Room with Fireplace
  • Game Room
  • Workshop
  • Screened Porch
  • Mountain Views
  • Attic Access Panel

Kitchen

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

Flooring

  • Carpet
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

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

Laundry

  • Laundry on upper level
  • Washer and Dryer Hookup

Finished Basement

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

Outdoor Features

  • Separate Outdoor Workshop
  • Outdoor Storage

Location

  • Property is near a golf course

Schools

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

Utilities

  • Zoned Heating and Cooling
  • Heat Pump System
  • Underground Utilities
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • Tennis Courts
  • Ski Accessible

Listing and Financial Details

  • Assessor Parcel Number 22G532

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,310

Year Built

Built in 2005

Lot Details

0

Listing Details

  • FILLACRES: 0.3400
  • BuildingOnProperty: Storage Building, Workshop
  • Directions: From Liberty University, take Rt 29 South 1.5 miles past Airport. Left on English Tavern. Left into Russell Springs. Then Right on Addie Way. Home will be on Right. Look for our sign. Shown by Appointment.
  • ElementarySchool4: Yellow Branch Elem
  • HighSchool4: Rustburg High
  • Lot Measurement: Acres
  • Lot Sq Ft: 14810.00
  • MiddleSchool4: Rustburg Midl
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 22G532
  • Year Built: 2005
  • FullBathBelowGrade: 1
  • Heating System: Heat Pump, Two-Zone
  • Building Stories: One and One Half
  • Dwelling Styles: Cape Cod
  • Officeden Len: 16.000
  • Officeden Wid: 12.000
  • Laundryroom Dim: 0.000 x 0.000
  • Living Room Dim: 20.000 x 13.000
  • Livingroom Len: 20.000
  • Livingroom Wid: 13.000
  • Masterbedroom Area: 528.000000
  • Master Bedroom Dim: 24.000 x 22.000
  • Masterbedroom Len: 24.000
  • Masterbedroom Wid: 22.000
  • Office Dim: 12.000 x 7.000
  • Other Room1 Area: 140.000000
  • Other Room1 Len: 14.000
  • 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: Lot 32 Sec 5
  • Reciprocal Listing: No
  • Second Bedroom: 12x10 Level: Level 1 Above Grade
  • Second Bedroom Area: 120.000000
  • Third Bedroom: 14x12 Level: Level 1 Above Grade
  • Third Bedroom Area: 168.000000
  • Fourth Bedroom: 12x11 Level: Below Grade
  • Fourth Bedroom Area: 132.000000
  • Above Grade Finished Sq Ft: 2100.00
  • ApplianceConvey: Dishwasher, Microwave, Range-Elec, Refrigerator, Self Cleaning Oven
  • Has Attic: Access
  • Has Basement: Exterior Entrance, Finished, Full, Game Room, Heated, Interior Entrance, Walkout
  • Breakfast Area: 15x11 Level: Level 1 Above Grade
  • Flooring: Carpet, Laminate, Tile, Vinyl
  • Year Built Exception: 0
  • Den: 16x12 Level: Below Grade
  • Family Room: 20x14 Level: Below Grade
  • Fireplace: 1 Fireplace, Gas Log, Living Room
  • Level 1 Full Bathrooms: 1
  • Level 2 Full Bathrooms: 1
  • Interior Amenities: Cable Available, Cable Connections, Ceiling Fan(s), Great Room, High Speed Data Aval, Main Level Bedroom, Main Level Den, Master Bed w/ Bath, Walk-In Closet(s), Workshop
  • Dining Kitchen: 15x11 Level: Level 1 Above Grade
  • Laundry: Basement, Dryer Connection, Second Floor, Washer Connections
  • Living Room: 20x13 Level: Level 1 Above Grade
  • Master Bedroom: 24x22 Level: Level 2 Above Grade
  • Office: 12x7 Level: Below Grade
  • Other Room 1: 14x10 Level: Level 2 Above Grade
  • Additional Room 1 Description: Bonus Area
  • Den Area: 192.000000
  • FamilyRoom Area: 280.000000
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 165.000000
  • LivingRoom Area: 260.000000
  • Office Area: 84.000000
  • Est Other Room1 Dim: 14.000 x 10.000
  • 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

  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: Concrete Drive, Garden Space, Landscaped, Screened Porch, Insulated Glass, Tennis Courts Nearby, Undergrnd Utilities, Mountain Views, Golf Nearby, Ski Slope Nearby

Garage/Parking

  • Garage Dim: 0.000 x 0.000

Utilities

  • Air Conditioner: Heat Pump, Two-Zone
  • Sewer: County
  • Hot Water: County
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors

Schools

  • School District: Campbell

Lot Info

  • Lot Sq Ft: 3220.00

Tax Info

  • Estimated Taxes: 1310

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2018
Closed on
Aug 26, 2018
Sold by
Lishen Elizabeth
Bought by
Anderson Seth J
Seller's Agent
Adam Hopkins
Virginia Homes & Land Realty
Buyer's Agent
Adam Hopkins
Virginia Homes & Land Realty
List Price
$269,900
Sold Price
$261,000
Premium/Discount to List
-$8,900
-3.3%
Current Estimated Value
$435,976

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$174,976
Avg. Annual Appreciation
7.24%
Original Mortgage
$208,800
Outstanding Balance
$181,711
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$253,089
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Anderson Seth J $261,000 Reliance Title & Stlmnt Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Anderson Seth J $208,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2018 08/31/18 Sold $261,000 -3.3% $81 / Sq Ft
07/27/2018 07/27/18 Pending -- -- --
06/20/2018 06/20/18 For Sale $269,900 -- $84 / 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 $1,550 $344,400 $40,000 $304,400
2024 $1,550 $344,400 $40,000 $304,400
2023 $1,550 $344,400 $40,000 $304,400
2022 $1,182 $227,400 $36,000 $191,400
2021 $1,182 $227,400 $36,000 $191,400
2020 $1,182 $227,400 $36,000 $191,400
2019 $1,182 $227,400 $36,000 $191,400
2018 $1,310 $252,000 $36,000 $216,000
2017 $1,310 $252,000 $36,000 $216,000
2016 $1,310 $252,000 $36,000 $216,000
2015 -- $252,000 $36,000 $216,000
2014 -- $242,000 $36,000 $206,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 312616

APN: 22G-5-32