$301,000
SOLD MAR 17, 2025

3824 Faculty Dr Lynchburg, VA 24501

3 Beds
1.5 Baths
2,032 Sq Ft
0.72 Acres

Recently Sold

$148 Per Sq Ft

16% Above List Price

8 Days on Market

Highlights

  • Secluded Lot
  • Laundry Room
  • Baseboard Heating
  • Wood Flooring

About This Home

As of March 2025

This home is ready for it's new owner! Located on Faculty Drive, this home sits in a desirable neighborhood. Home features newer flooring in the downstairs and beautiful hardwood floors upstairs. Homes is being sold as-is. Homes like this don't last long, schedule your showing today!

Last Agent to Sell the Property

Charlie Watts

Watts Auction Realty Appra Inc License #0225086405 Listed on: 02/06/2025

Last Buyer's Agent

Charlie Watts

Watts Auction Realty Appra Inc License #0225086405 Listed on: 02/06/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,200

Year Built

  • Built in 1965

Lot Details

  • 0.72 Acre Lot
  • Secluded Lot
  • Property is zoned R-2

Home Design

  • Shingle Roof

Interior Spaces

  • 2,032 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Crawl Space
  • Scuttle Attic Hole

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Wood
  • Laminate
  • Tile
  • Slate Flooring

Bedrooms and Bathrooms

  • Bathtub Includes Tile Surround

Laundry

  • Laundry Room
  • Laundry on main level

Schools

  • Perrymont Elementary School
  • Pl Dunbar Midl Middle School
  • E. C. Glass High School

Utilities

  • Heat Pump System
  • Baseboard Heating
  • Electric Water Heater

Community Details

  • Faculty Drive Subdivision
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 16508011

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,200

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Directions: Take 221 to Faculty Drive. Property is on the left.
  • Days On Market: No
  • Prop. Type: Residential
  • Year Built: 1965
  • Garage Yn: No
  • Foyer Area: 40.000000
  • Property Sub-Type: Single Family Residence
  • Subdivision Name: Faculty Drive
  • Above Grade Finished Sq Ft: 2032.00
  • Architectural Style: Two Story
  • Laundryroom Dim: 11.000 x 6.000
  • Office Dim: 11.000 x 15.000
  • Laundryroom Len: 11.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 2.00
  • Bathrooms Display: 2 (1 1)
  • Broker Approved: Yes
  • Reciprocal Listing: No
  • Has Attic: Scuttle
  • Has Basement: Crawl Space
  • Breakfast Area: 0x0 Level:
  • Flooring: Hardwood, Laminate, Slate, Tile
  • Deck: 16x23 Level: Level 1 Above Grade
  • Den: 11x21 Level: Level 1 Above Grade
  • Family Room: 0x0 Level:
  • Formal Dining: 9x11 Level: Level 1 Above Grade
  • Foyer: 5x8 Level: Level 1 Above Grade
  • Level 2 Full Bathrooms: 1
  • First Level Half Bathrooms: 1
  • Interior Amenities: Drywall, Main Level Den, Tile Bath(s)
  • Dining Kitchen: 11x9 Level: Level 1 Above Grade
  • Laundry: Laundry Room, Main Level
  • Laundry Room: 11x6 Level: Level 1 Above Grade
  • Living Room: 12x21 Level: Level 1 Above Grade
  • Master Bedroom: 13x11 Level: Level 2 Above Grade
  • Office: 11x15 Level: Level 1 Above Grade
  • Rec Room: 0x0 Level:
  • Sun Room: 19x10 Level: Level 1 Above Grade
  • Appliances: Dishwasher, Range-Elec, Refrigerator
  • Half Bathrooms: 1
  • Fireplace: 1 Fireplace, Living Room
  • Stories: Two
  • Sixth Bedroom: 0x0 Level:
  • Fifth Bedroom: 0x0 Level:
  • Third Bedroom: 11x10 Level: Level 2 Above Grade
  • Second Bedroom: 11x12 Level: Level 2 Above Grade
  • Room Bedroom3 Area: 110.000000
  • Room Master Bedroom Area: 143.000000
  • Den Area: 231.000000
  • Room Kitchen Area: 99.000000
  • Room Living Room Area: 252.000000
  • Room Office Area: 165.000000
  • Room Bedroom2 Area: 132.000000
  • MasterBedroomDimensions Dim: 13.000 x 11.000
  • Kitchen Dim: 11.000 x 9.000
  • Sunroom Dim: 19.000 x 10.000
  • Master Bedroom Master Bedroom Width: 11.000

Exterior Features

  • Lot Number: 11
  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: Deck, Paved Drive, Secluded Lot

Garage/Parking

  • Garage Dim: 0.000 x 0.000

Utilities

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

Schools

  • Elementary School: Perrymont Elem
  • High School: E. C. Glass High
  • Middle School: PL Dunbar Midl
  • Junior High Dist: Lynchburg

Lot Info

  • Zoning: R-2
  • Acres: 0.7171
  • Lot Size Sq Ft: 31237.00
  • ResoLotSizeUnits: Acres
  • Parcel Number: 16508011
  • ResoLotSizeUnits: Acres

Rental Info

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

Tax Info

  • Estimated Taxes: 2200

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2025
Closed on
Mar 11, 2025
Sold by
Lynchburg College and University Of Lynchburg
Bought by
Bishton John B and Bishton Melissa S
Seller's Agent
Charlie Watts
Watts Auction Realty Appra Inc
Buyer's Agent
Charlie Watts
Watts Auction Realty Appra Inc
List Price
$259,900
Sold Price
$301,000
Premium/Discount to List
$41,100
15.81%
Views
21
Current Estimated Value
$305,606

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,606
Avg. Annual Appreciation
1.80%
Original Mortgage
$100,000
Outstanding Balance
$97,932
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$207,674

Purchase Details

Closed on
Oct 31, 2019
Sold by
Wheeler Curtis and Peterson Wheeler Betty
Bought by
University Of Lynchburg

Purchase Details

Closed on
Dec 1, 2011
Sold by
College Lynchburg
Bought by
Wheeler Curtis and Peterson Wheeler Betty L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,334
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 22, 2010
Sold by
Gupta Atul
Bought by
Lynchburg College
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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Purchase History

Date Type Sale Price Title Company
Deed $301,000 Chicago Title
Deed $165,667 None Available
Deed $151,167 None Available
Deed $151,167 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $100,000 New Conventional
Previous Owner $147,334 FHA
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/17/2025 03/17/25 Sold $301,000 -1.3% $148 / Sq Ft
02/14/2025 02/14/25 Pending -- -- --
02/14/2025 02/14/25 Price Changed $304,900 +17.3% $150 / Sq Ft
02/06/2025 02/06/25 For Sale $259,900 -- $128 / 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 $2,258 $268,800 $37,000 $231,800
2024 $2,200 $247,200 $34,000 $213,200
2023 $2,200 $247,200 $34,000 $213,200
2022 $1,896 $184,100 $34,000 $150,100
2021 $2,044 $184,100 $34,000 $150,100
2020 $1,849 $166,600 $34,000 $132,600
2019 $1,849 $166,600 $34,000 $132,600
2018 $1,805 $162,600 $30,000 $132,600
2017 $1,805 $162,600 $30,000 $132,600
2016 $1,805 $162,600 $30,000 $132,600
2015 $1,805 $162,600 $30,000 $132,600
2014 $1,805 $162,600 $30,000 $132,600
Source: Public Records

Agents Affiliated with this Home

  • Charlie Watts

    Seller's Agent in 2025

    Charlie Watts

    Watts Auction Realty Appra Inc

    (434) 942-0840

    308 Total Sales

    Charlie Watts
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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 357112

APN: 165-08-011

Virginia Lynchburg City County Lynchburg 24501

3824 Faculty Dr, Lynchburg, VA

Sold

Detached

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