NOT LISTED FOR SALE

3242 Downing Dr Lynchburg, VA 24503

Woodland Neighborhood

Estimated Value: $305,000 - $335,000

4 Beds
2.5 Baths
1,947 Sq Ft
$161/Sq Ft Est. Value

Last Sold August 10, 2021

Last sale price $239,900 $123 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $1,882/month

7 Days on Market

Highlights

  • 0.46 Acre Lot
  • Wood Flooring
  • Formal Dining Room
  • Living Room with Fireplace
  • Screened Porch
  • Paneling

About This Home

As of August 2021

This lovely home is larger than it looks! Hardwood floors, gas heat, two fireplaces, convenient floor plan. Fourth BR on lower level makes a great office. Screened porch and back patio lead to spacious back yard. Quiet street convenient to Hospitals, U of L, Randolph College and downtown Lynchburg.

Last Agent to Sell the Property

Norma Stein

John Stewart Walker, Inc License #0225033668 Listed on: 06/21/2021

Last Buyer's Agent

Maureen LoPresto

Long & Foster-Forest License #0225253687

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,882

Year Built

  • Built in 1958

Lot Details

  • 0.46 Acre Lot
  • Landscaped
  • Garden
  • Property is zoned R1

Parking

  • Driveway

Home Design

  • Split Foyer
  • Shingle Roof
  • Plaster

Interior Spaces

  • 1,947 Sq Ft Home
  • Multi-Level Property
  • Paneling
  • Ceiling Fan
  • Multiple Fireplaces
  • Fireplace With Glass Doors
  • Living Room with Fireplace
  • Formal Dining Room
  • Den with Fireplace
  • Screened Porch
  • Walkup Attic
  • Washer and Dryer Hookup

Kitchen

  • Built-In Self-Cleaning Oven
  • Electric Range
  • Dishwasher

Flooring

  • Wood
  • Wood Under Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • Bathtub Includes Tile Surround

Basement

  • Interior Basement Entry
  • Laundry in Basement

Outdoor Features

  • Outdoor Storage

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater
  • High Speed Internet

Community Details

  • Langhorne Rd Area Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01803003

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,882

Year Built

Built in 1958

Lot Details

0

Listing Details

  • FILLACRES: 0.4589
  • BuildingOnProperty: Storage Building
  • Directions: Langhorne Rd. to Downing Dr. Third house on left.
  • ElementarySchool7: Linkhorne Elem
  • HighSchool7: E. C. Glass High
  • Internet Providers: Comcast/Xfinity
  • Lot Measurement: Acres
  • Lot Sq Ft: 19990.00
  • MiddleSchool7: Linkhorne Midl
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 01803003
  • Year Built: 1958
  • HalfBathBelowGrade: 1
  • Heating System: Forced Warm Air-Gas
  • Building Stories: Multi/Split
  • Dwelling Styles: Split Foyer
  • Laundryroom Dim: 0.000 x 0.000
  • Living Room Dim: 24.000 x 13.000
  • Livingroom Len: 24.000
  • Livingroom Wid: 13.000
  • Masterbedroom Area: 180.000000
  • Master Bedroom Dim: 15.000 x 12.000
  • Masterbedroom Len: 15.000
  • Masterbedroom Wid: 12.000
  • Office Dim: 0.000 x 0.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 3.00
  • Bathrooms Display: 3 (2 1)
  • Lower Floor 1 Bedrooms: 4
  • Broker Approved: Yes
  • Legal Description: DOWNING WOODS, LOT 3
  • Reciprocal Listing: No
  • Second Bedroom: 13x11 Level: Level 2 Above Grade
  • Second Bedroom Area: 143.000000
  • Third Bedroom: 15x12 Level: Level 2 Above Grade
  • Third Bedroom Area: 180.000000
  • Fourth Bedroom: 12x10 Level: Below Grade
  • Fourth Bedroom Area: 120.000000
  • Above Grade Finished Sq Ft: 1298.00
  • ApplianceConvey: Dishwasher, Range-Elec, Refrigerator, Self Cleaning Oven, Wall Oven
  • Has Attic: Walk-Up Stairs
  • Has Basement: Interior Entrance
  • Flooring: Carpet Over Hardwood, Ceramic Tile, Hardwood, Vinyl
  • Year Built Exception: 0
  • Family Room: 23x15 Level: Level 1 Above Grade
  • Fireplace: 2 Fireplaces, Den, Glass Doors, Living Room
  • Formal Dining: 12x11 Level: Level 1 Above Grade
  • Level 2 Full Bathrooms: 2
  • Interior Amenities: Cable Connections, Ceiling Fan(s), Drywall, High Speed Data Aval, Master Bed w/ Bath, Paneling, Plaster, Rods, Separate Dining Room, Tile Bath(s)
  • Dining Kitchen: 13x12 Level: Level 1 Above Grade
  • Laundry: Basement, Dryer Connection, Washer Connections
  • Living Room: 24x13 Level: Level 1 Above Grade
  • Master Bedroom: 15x12 Level: Level 2 Above Grade
  • FamilyRoom Area: 345.000000
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 156.000000
  • LivingRoom Area: 312.000000
  • 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 Dim: 0.000 x 0.000
  • Sunroom Dim: 0.000 x 0.000

Exterior Features

  • Lot Number: 3
  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: Concrete Drive, Garden Space, Landscaped, Screened Porch, Insulated Glass

Garage/Parking

  • Garage Dim: 0.000 x 0.000

Utilities

  • Utility Electric: AEP/Appalachian Powr
  • Air Conditioner: Central Electric
  • Sewer: City
  • Hot Water: City
  • Water Heater: Gas

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors
  • Subdivision Complex: Langhorne Rd Area

Schools

  • School District: Lynchburg
  • School District: Lynchburg

Lot Info

  • Lot Sq Ft: 1947.00
  • Zoning: R1

Tax Info

  • Estimated Taxes: 1882

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2021
Closed on
Jul 22, 2021
Sold by
Montgomery Michael Richard
Bought by
Lopresto Peter A and Lopresto Maureen A
Seller's Agent
Norma Stein
John Stewart Walker, Inc
Buyer's Agent
Maureen LoPresto
Long & Foster-Forest
List Price
$239,900
Sold Price
$239,900
Current Estimated Value
$314,283

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,383
Avg. Annual Appreciation
5.82%
Original Mortgage
$50,000
Outstanding Balance
$42,796
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$259,065

Purchase Details

Closed on
Jun 12, 2006
Sold by
Montgomery Jane Stephenson and Shield Jane S
Bought by
Montgomery Michael Richard and Montgomery Jane Stephenson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,540
Interest Rate
9.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Lopresto Peter A $239,900 Sage Title
Montgomery Michael Richard -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lopresto Peter A $50,000
Previous Owner Montgomery Michael Richard $172,050
Previous Owner Montgomery Michael Richard $171,540
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2021 08/10/21 Sold $239,900 0.0% $123 / Sq Ft
06/28/2021 06/28/21 Pending -- -- --
06/21/2021 06/21/21 For Sale $239,900 -- $123 / 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 $2,073 $232,900 $51,300 $181,600
2023 $2,073 $232,900 $51,300 $181,600
2022 $2,030 $197,100 $40,000 $157,100
2021 $2,188 $197,100 $40,000 $157,100
2020 $1,881 $169,500 $40,000 $129,500
2019 $1,881 $169,500 $40,000 $129,500
2018 $1,835 $165,300 $35,000 $130,300
2017 $1,835 $165,300 $35,000 $130,300
2016 $1,835 $165,300 $35,000 $130,300
2015 $1,835 $179,400 $35,000 $144,400
2014 $1,991 $178,600 $35,000 $143,600
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2021

    Norma Stein

    John Stewart Walker, Inc

    Section Image

  • M

    Buyer's Agent in 2021

    Maureen LoPresto

    Long & Foster-Forest

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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 332390

APN: 018-03-003

Virginia Lynchburg City County Lynchburg 24503 Woodland

3242 Downing Dr, Lynchburg, VA

This home is located at 3242 Downing Dr, Lynchburg, VA 24503 since 21 June 2021 and is currently estimated at $314,283, approximately $161 per square foot. This property was built in 1958. 3242 Downing Dr is a home located in Lynchburg City with nearby schools including Linkhorne Elementary School, Linkhorne Middle School, and E.C. Glass High School.

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