NOT LISTED FOR SALE

300 Addie Way Lynchburg, VA 24501

Estimated Value: $393,000 - $418,000

4 Beds
3 Baths
2,744 Sq Ft
$146/Sq Ft Est. Value

Last Sold June 23, 2020

Last sale price $245,000 $89 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $2,226/month

3 Days on Market

Highlights

  • Ranch Style House
  • Great Room with Fireplace
  • Walk-In Closet
  • Wood Flooring
  • Game Room
  • Laundry Room

About This Home

As of June 2020

Much can be said about what makes a house a home. Absolutely - it needs someone to make it their own safe haven. However, it doesn't hurt to have Hardwood Flooring, a Functional Floor Plan, LOTS of Light, a Master Suite privately located with Walk Out access to a Beautiful View. Let's not forget the Fully Finished Terrace Level with bragging rights to a Bedroom with Full Bath, Den, Office Space/Hobby Room. Downstairs also has an unfinished Storage area. Finally, not to be outdone by Competing Homes on the Market, there is a New HVAC System (2019), New Storm Doors on front and back both of which have Awesome Screens.

Last Agent to Sell the Property

Norman Domingo

XRealty.net LLC License #0225194372 Listed on: 05/20/2020

Last Buyer's Agent

Laura Coles

BHHS Dawson Ford Garbee-Forest License #0225235391

BHHS Dawson Ford Garbee-Forest

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,214

Year Built

  • Built in 2005

Lot Details

  • 0.31 Acre Lot
  • Garden

Home Design

  • Ranch Style House
  • Shingle Roof

Interior Spaces

  • 2,744 Sq Ft Home
  • Gas Log Fireplace
  • Great Room with Fireplace
  • Game Room
  • Scuttle Attic Hole
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Bathtub Includes Tile Surround
  • Garden Bath

Laundry

  • Laundry Room
  • Laundry on main level
  • Washer and Dryer Hookup

Finished Basement

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

Parking

  • Garage
  • 1 Carport Space
  • Garage Door Opener
  • Driveway

Schools

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

Utilities

  • Heat Pump System
  • Underground Utilities
  • Electric Water Heater

Community Details

  • 247,900 Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,214

Year Built

Built in 2005

Lot Details

0

Listing Details

  • FILLACRES: 0.3100
  • Directions: From 29S, after Lynchburg Airport on Wards Rd, turn LEFT onto English Tavern Rd. Then, make a LEFT onto Russell Springs Dr, RIGHT onto Addie Way. 300 Addie Way will be on your left.
  • ElementarySchool4: Yellow Branch Elem
  • HighSchool4: Rustburg High
  • Lot Measurement: Acres
  • Lot Sq Ft: 13504.00
  • MiddleSchool4: Rustburg Midl
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • Year Built: 2005
  • FullBathBelowGrade: 1
  • Heating System: Heat Pump
  • Building Stories: One
  • Dwelling Styles: Ranch
  • Officeden Len: 25.000
  • Officeden Wid: 15.000
  • Foyer Area: 60.000000
  • Laundryroom Dim: 6.000 x 6.000
  • Laundryroom Len: 6.000
  • Living Room Dim: 0.000 x 0.000
  • Masterbedroom Area: 210.000000
  • Master Bedroom Dim: 14.000 x 15.000
  • Masterbedroom Len: 14.000
  • Masterbedroom Wid: 15.000
  • 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 2 Sec 5
  • Reciprocal Listing: No
  • Second Bedroom: 11x11 Level: Level 1 Above Grade
  • Second Bedroom Area: 121.000000
  • Third Bedroom: 11x12 Level: Level 1 Above Grade
  • Third Bedroom Area: 132.000000
  • Fourth Bedroom: 11x9 Level: Below Grade
  • Fourth Bedroom Area: 99.000000
  • Above Grade Finished Sq Ft: 1444.00
  • ApplianceConvey: Dishwasher, Microwave, Range-Elec, Refrigerator
  • Has Attic: Scuttle
  • Has Basement: Exterior Entrance, Finished, Full, Game Room, Heated, Interior Entrance, Walkout
  • Flooring: Carpet, Hardwood, Laminate, Tile, Vinyl
  • Year Built Exception: 0
  • Deck: 14x12 Level: Level 1 Above Grade
  • Den: 25x15 Level: Below Grade
  • Fireplace: 1 Fireplace, Gas Log, Great Room
  • Formal Dining: 12x19 Level: Level 1 Above Grade
  • Foyer: 10x6 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 2
  • Great Room: 14x19 Level: Level 1 Above Grade
  • Interior Amenities: Cable Connections, Drywall, Garden Tub, Great Room, Main Level Bedroom, Master Bed w/ Bath, Smoke Alarm, Tile Bath(s), Walk-In Closet(s)
  • Dining Kitchen: 24x14 Level: Level 1 Above Grade
  • Laundry: Dryer Connection, Main Level, Separate Laundry Rm., Washer Connections
  • Laundry Room: 6x6 Level: Level 1 Above Grade
  • Master Bedroom: 14x15 Level: Level 1 Above Grade
  • Porch: 16x6 Level: Level 1 Above Grade
  • Rec Room: 14x19 Level: Below Grade
  • Den Area: 375.000000
  • GreatRoom Area: 266.000000
  • Livinggreat Room Dim: 14.000 x 19.000
  • Kitchen Area: 336.000000
  • Laundry Room Area: 36.000000
  • 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 Area: 266.000000
  • Rec Room Dim: 14.000 x 19.000
  • Sunroom Dim: 0.000 x 0.000

Exterior Features

  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: Concrete Drive, Garden Space, Insulated Glass, Undergrnd Utilities

Garage/Parking

  • CarportParking: 1 Car
  • Garage Spaces: Garage Door Opener
  • Garage Area: 384.000000
  • Garage Dim: 16.000 x 24.000
  • GarageLen: 16.000
  • GarageWid: 24.000

Utilities

  • Air Conditioner: Heat Pump
  • Sewer: County
  • Hot Water: County
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors
  • Subdivision Complex: 247,900

Schools

  • School District: Campbell

Lot Info

  • Lot Sq Ft: 2744.00

Tax Info

  • Estimated Taxes: 1214

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2020
Closed on
Jun 19, 2020
Sold by
Holdstock Jeana M and Hoffman Darlene F
Bought by
Moon Derrick
Seller's Agent
Norman Domingo
XRealty.net LLC
Buyer's Agent
Laura Coles
BHHS Dawson Ford Garbee-Forest
List Price
$247,900
Sold Price
$245,000
Premium/Discount to List
-$2,900
-1.17%
Current Estimated Value
$400,721

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$155,721
Avg. Annual Appreciation
9.43%
Original Mortgage
$237,650
Outstanding Balance
$210,659
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$190,062

Purchase Details

Listed on
Aug 31, 2017
Closed on
Sep 17, 2018
Sold by
Chong Woo Hyun
Bought by
Frazier Betty A
Seller's Agent
Jihee Goode
Century 21 ALL-SERVICE
Buyer's Agent
Judy Woten
The Real Estate Advantage
List Price
$249,900
Sold Price
$237,000
Premium/Discount to List
-$12,900
-5.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.90%
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
Moon Derrick $245,000 Pike Title
Frazier Betty A $237,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moon Derrick $237,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/23/2020 06/23/20 Sold $245,000 -1.2% $89 / Sq Ft
05/23/2020 05/23/20 Pending -- -- --
05/20/2020 05/20/20 For Sale $247,900 +4.6% $90 / Sq Ft
09/18/2018 09/18/18 Sold $237,000 -5.2% $86 / Sq Ft View Prior Sale
08/07/2018 08/07/18 Pending -- -- --
08/31/2017 08/31/17 For Sale $249,900 -- $91 / 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 $1,420 $315,500 $40,000 $275,500
2024 $1,420 $315,500 $40,000 $275,500
2023 $1,420 $315,500 $40,000 $275,500
2022 $1,165 $215,200 $36,000 $179,200
2021 $1,119 $215,200 $36,000 $179,200
2020 $1,119 $215,200 $36,000 $179,200
2019 $1,119 $215,200 $36,000 $179,200
2018 $1,214 $233,500 $36,000 $197,500
2017 $1,214 $233,500 $36,000 $197,500
2016 $1,214 $233,500 $36,000 $197,500
2015 -- $233,500 $36,000 $197,500
2014 -- $224,500 $36,000 $188,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 325077

APN: 022G-05000-002-0