NOT LISTED FOR SALE

3515 Ridgecroft Dr Lynchburg, VA 24503

Estimated Value: $472,068 - $560,000

0.63 Acre
$813,907 Price per Acre
27,617 Sq Ft Lot

Last Sold January 29, 2015

Last sale price $35,000 $1 Per Sq Ft

Est. 1,381% increase in value since last sale

Current estimated payment $3,138/month

197 Days on Market

About This Lot

As of January 2015

Build in a wonderful, established, family friendly neighborhood. Beautiful, level lot ready for your dream home. Perfect location, convenient to everything! City water and sewer already available. You don't want to miss this opportunity.

Last Agent to Sell the Property

Daniele Mason

Blickenstaff & Company, Realto License #0225128808 Listed on: 07/14/2014

Last Buyer's Agent

Wendy Reddy

Reddy Real Estate, Inc. License #0225058288

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $500

Lot Details

  • 0.63

Schools

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

Additional Features

  • 0.63 Acre Lot
  • Cable TV Available

Community Details

  • Ridgecroft Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$500

Lot Details

0

Listing Details

  • FILLACRES: 0.6340
  • Directions: Link Rd to Gregory Ln. Left on Ridgecroft Dr, lot on left.
  • ElementarySchool7: Linkhorne Elem
  • HighSchool7: E. C. Glass High
  • Lot Measurement: Acres
  • Lot Sq Ft: 27617.00
  • MiddleSchool7: Linkhorne Midl
  • Days On Market: No
  • Property Subtype1: Unimproved Land
  • Prop. Type: Land
  • Restrictions: Dblwides Not Allowed, Mobiles Not Allowed, Modulars Not Allowed
  • OFFICELIST_STATE: VA
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Disability Access: Rd Frnt State Paved
  • Accessible Transportation: Air 5-10 Miles, State Maintained Rd
  • Broker Approved: Yes
  • Legal Description: RIDGECROFT, LOT 16
  • Reciprocal Listing: No

Exterior Features

  • Lot Number: 16
  • Road Frontage: 100.00
  • Topography: Mostly Level

Utilities

  • Utilities: Cable Available, Cntrl Water Availabl, ElectricityAvailable, Sewer System Avail, Water System Avail

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors
  • Subdivision Complex: Ridgecroft

Schools

  • School District: Lynchburg
  • School District: Lynchburg

Lot Info

  • Best Use: Dvlp to Residential

Tax Info

  • Estimated Taxes: 500

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 27, 2016
Sold by
Brc Properties Llc
Bought by
Ridout Steven B and Ridout Rachel R
Current Estimated Value
$518,337

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,000
Outstanding Balance
$315,084
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$207,100

Purchase Details

Closed on
Jul 24, 2015
Sold by
Nasser Khosrow
Bought by
Brc Proerpties Llc
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Ridout Steven B $388,000 None Available
Brc Proerpties Llc $38,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ridout Steven B $150,000
Open Ridout Steve $244,700
Open Ridout Steven B $388,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2015 01/29/15 Sold $35,000 -16.5% $1 / Sq Ft
01/27/2015 01/27/15 Pending -- -- --
07/14/2014 07/14/14 For Sale $41,900 -- $2 / 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 $3,605 $405,000 $50,000 $355,000
2023 $3,604 $405,000 $50,000 $355,000
2022 $4,019 $390,200 $50,000 $340,200
2021 $4,331 $390,200 $50,000 $340,200
2020 $3,579 $322,400 $50,000 $272,400
2019 $3,579 $322,400 $50,000 $272,400
2018 $2,011 $317,400 $45,000 $272,400
2017 $3,523 $317,400 $45,000 $272,400
2016 $2,363 $317,400 $45,000 $272,400
2015 $500 $45,000 $45,000 $0
2014 $125 $45,000 $45,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Lynchburg Association of REALTORS®

MLS Number: 286535

APN: 219-05-016