NOT LISTED FOR SALE

Estimated Value: $300,000 - $323,000

3 Beds
2.5 Baths
1,354 Sq Ft
$228/Sq Ft Est. Value

Last Sold January 18, 2022

Last sale price $256,000 $189 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $1,849/month

Highlights

  • Contemporary Architecture
  • Vinyl Plank Flooring
  • Ceiling Fan
  • Fenced Yard

About This Home

As of July 2024

This modern 3 bedroom, 2.5 bath home in the Old Forest area of Lynchburg, offers an open concept living area with granite countertops and stainless steel appliances. The fully fenced back yard provides ample outdoor living space and convenience for those with pets. Washer and Dryer included in unit. Showings with approved applications only. Contact the listing agent for a free application. Security deposit of $2000 and first month's rent due at lease signing. Available August 19th, minimum 1 year lease.

Last Agent to Rent the Property

William (Bill) Lokar

Weichert Realtors Saxon Clark License #0225266068 Listed on: 07/22/2024

Weichert Realtors Saxon Clark

Last Renter's Agent

William (Bill) Lokar

Weichert Realtors Saxon Clark License #0225266068 Listed on: 07/22/2024

Weichert Realtors Saxon Clark

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,144

Year Built

  • Built in 2021

Lot Details

  • 8,712 Sq Ft Lot
  • Fenced Yard

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 1,354 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Vinyl Plank Flooring
  • Attic Access Panel

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Laundry

  • Dryer
  • Washer

Schools

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

Utilities

  • Heat Pump System
  • Electric Water Heater

Community Details

  • Net Lease

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,144

Year Built

Built in 2021

Lot Details

0

Rental Info

  • Sub Lease: No
  • Sub Lease Expiration Date: 1800-01-01T00:00:00.000-05:00

Listing Details

  • Directions: Take Old Forest road to Fulton St. Follow Fulton St. to the house on the left.
  • Days On Market: No
  • Prop. Type: Residential Lease
  • Year Built: 2021
  • Garage Yn: No
  • Property Sub-Type: Single Family Residence
  • Above Grade Finished Sq Ft: 1354.00
  • Architectural Style: Contemporary
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 3.00
  • Bathrooms Display: 3 (2 1)
  • Broker Approved: Yes
  • Reciprocal Listing: No
  • Has Attic: Access
  • Has Basement: Slab
  • Breakfast Area: 12x10 Level: Level 1 Above Grade
  • Flooring: Vinyl Plank
  • Level 2 Full Bathrooms: 2
  • First Level Half Bathrooms: 1
  • Interior Amenities: Ceiling Fan(s)
  • Dining Kitchen: 14x11 Level: Level 1 Above Grade
  • Laundry: Dryer Connection, Washer Connections
  • Living Room: 19.50x13 Level: Level 1 Above Grade
  • Master Bedroom: 14.50x11 Level: Level 2 Above Grade
  • Appliances: Dishwasher, Dryer, Microwave, Range-Elec, Refrigerator, Washer
  • Half Bathrooms: 1
  • Stories: Two
  • Third Bedroom: 12x9.50 Level: Level 2 Above Grade
  • Second Bedroom: 11.50x9.50 Level: Level 2 Above Grade

Exterior Features

  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: Patio, Fenced Yard

Utilities

  • Cooling: Heat Pump
  • Sewer: City
  • Water Heater: Electric
  • Heating: Heat Pump
  • Water Source: City

Schools

  • Elementary School: Linkhorne Elem
  • High School: E. C. Glass High
  • Middle School: Linkhorne Midl
  • Junior High Dist: Lynchburg

Lot Info

  • Acres: 0.2000
  • Lot Size Sq Ft: 8712.00
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 13, 2021
Closed on
Jan 18, 2022
Sold by
Long Meadows Inc
Bought by
Jernigan Caleb and Jernigan Binayah
Seller's Agent
Ian Smith
Legacy Realty and Development
Buyer's Agent
Trent Laubach
Lauren Bell Real Estate, Inc.
List Price
$249,900
Sold Price
$256,000
Premium/Discount to List
$6,100
2.44%
Current Estimated Value
$308,864

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,864
Avg. Annual Appreciation
5.20%
Original Mortgage
$248,320
Outstanding Balance
$231,644
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$76,202
Source: Public Records

Range of Values:

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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
Jernigan Caleb $256,000 Old Republic National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jernigan Caleb $248,320
Previous Owner Long Meadows Inc $1,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2024 07/29/24 Rented $2,100 +5.0% --
07/22/2024 07/22/24 For Rent $2,000 0.0% --
01/18/2022 01/18/22 Sold $256,000 +2.4% $189 / Sq Ft
12/16/2021 12/16/21 Pending -- -- --
12/13/2021 12/13/21 For Sale $249,900 -- $185 / 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
2024 $2,144 $240,900 $40,000 $200,900
2023 $2,144 $240,900 $40,000 $200,900
2022 $1,973 $191,600 $38,500 $153,100
2021 $1,438 $145,700 $38,500 $107,200
2020 $269 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 353576

APN: 169-07-024