NOT LISTED FOR SALE

3869 Peakland Place Lynchburg, VA 24503

Peakland Neighborhood

Estimated Value: $329,000 - $413,000

4 Beds
3 Baths
2,944 Sq Ft
$124/Sq Ft Est. Value

Last Sold September 09, 2022

Last sale price $332,250 $113 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,160/month

14 Days on Market

Highlights

  • Forced Air Heating System
  • Paul Munro Elementary School Rated A-
  • Carpet

About This Home

As of September 2022

What a fantastic location for this well kept and maintained duplex that has consistent rental history. Roof, windows and AC are all newer improvements. Each level has spacious rooms offering 2 bedrooms and 1 bath, large living room with fireplace, oversized eat-in kitchen, washer and dryer and separate entrance. The Upper Level is more traditional with updated floors and paint. The oversized living room with f/p & built in bookcases add charm and character. The kitchen has white cabinetry with built in corner cabinet in breakfast area and separate laundry room. Nice size Master and second bedroom are spacious with updated bath. The circular driveway is a bonus with quiet brick patio. A beautiful setting Lower Level: This unit has entry on Peakland Place. It is in excellent condition with neutral colors and is more contemporary. Excellent condition with spacious living room and fireplace, eat-in kitchen, two comfortable bedrooms, updated bath and washer/dryer.

Last Agent to Sell the Property

Kathleen Terrell

John Stewart Walker, Inc License #0225151185 Listed on: 08/01/2022

Last Buyer's Agent

Amy Scott

John Stewart Walker, Inc License #0225087698

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,324

Year Built

  • Built in 1959

Lot Details

  • 0.34 Acre Lot

Parking

  • On-Street Parking

Home Design

  • 2,944 Sq Ft Home

Flooring

  • Carpet
  • Vinyl

Schools

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

Utilities

  • Forced Air Heating System
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 06703005

Community Details

Overview

  • 2 Units
  • Peakland Pl Subdivision

Building Details

  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,324

Year Built

Built in 1959

Lot Details

0

Listing Details

  • FILLACRES: 0.3360
  • Directions: Boonsboro Rd to Peakland Pl for lower Level unit Or Boonsboro Rd for Upper Level.
  • ElementarySchool7: Paul Munro Elem
  • HighSchool7: E. C. Glass High
  • Internet Providers: Comcast/Xfinity, Satellite
  • Lot Measurement: Acres
  • Lot Sq Ft: 14636.00
  • MiddleSchool7: Linkhorne Midl
  • Days On Market: No
  • Property Subtype1: Multi-Family
  • Prop. Type: Multi-Family
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 06703005
  • Year Built: 1959
  • Heating System: Forced Warm Air-Elec, Heat Pump
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Broker Approved: Yes
  • Legal Description: PEAKLAND, PLAN A, BLK 4, LOT 2
  • Reciprocal Listing: No
  • Flooring: Carpet, Vinyl
  • Year Built Exception: 0
  • Walls: Drywall

Garage/Parking

  • Parking: On-Street, Paved Drive

Utilities

  • Utility Electric: American Electric
  • Cooling: Heat Pump
  • Sewer: City
  • Hot Water: City
  • Water Heater: Electric
  • Number Of Water Meters: 1

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors
  • Subdivision Complex: Peakland Pl

Schools

  • School District: Lynchburg
  • School District: Lynchburg

Lot Info

  • Lot Sq Ft: 2944.00
  • Zoning: R-1

Rental Info

  • Types Of Leases: Month to Month

Tax Info

  • Estimated Taxes: 2324

Multi Family

  • Total Number Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2022
Closed on
Sep 7, 2022
Sold by
Mcentire Ryan A
Bought by
Kanda Brinder S and Kanda Abha
Seller's Agent
Kathleen Terrell
John Stewart Walker, Inc
Buyer's Agent
Amy Scott
John Stewart Walker, Inc
List Price
$349,000
Sold Price
$332,250
Premium/Discount to List
-$16,750
-4.8%
Current Estimated Value
$363,074

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,824
Avg. Annual Appreciation
3.34%

Purchase Details

Listed on
Feb 18, 2016
Closed on
Mar 10, 2016
Sold by
Hooper Russell R and Hooper Ronald L
Bought by
Hooper Russell Randall and Hooper Janet G
Seller's Agent
Jeff Barker
RE/MAX 1st Olympic
Buyer's Agent
Jeff Barker
RE/MAX 1st Olympic
List Price
$209,900
Sold Price
$205,000
Premium/Discount to List
-$4,900
-2.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.77%
Original Mortgage
$153,750
Interest Rate
3.64%
Mortgage Type
New Conventional
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
Kanda Brinder S $332,250 Old Republic National Title
Hooper Russell Randall $205,000 Old Republic National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hooper Russell Randall $153,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/09/2022 09/09/22 Sold $332,250 -4.8% $113 / Sq Ft
08/15/2022 08/15/22 Pending -- -- --
08/01/2022 08/01/22 For Sale $349,000 +70.2% $119 / Sq Ft
03/31/2016 03/31/16 Sold $205,000 -2.3% $69 / Sq Ft
03/31/2016 03/31/16 Pending -- -- --
02/18/2016 02/18/16 For Sale $209,900 -- $71 / 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 $2,791 $313,600 $70,000 $243,600
2023 $2,791 $313,600 $70,000 $243,600
2022 $2,256 $219,000 $55,000 $164,000
2021 $2,431 $219,000 $55,000 $164,000
2020 $2,323 $209,300 $55,000 $154,300
2019 $2,323 $209,300 $55,000 $154,300
2018 $2,316 $200,100 $50,000 $150,100
2017 $2,221 $200,100 $50,000 $150,100
2016 $2,221 $234,400 $50,000 $184,400
2015 $1,951 $234,400 $50,000 $184,400
2014 $650 $234,400 $50,000 $184,400
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2022

    Kathleen Terrell

    John Stewart Walker, Inc

    Section Image

  • A

    Buyer's Agent in 2022

    Amy Scott

    John Stewart Walker, Inc

    Section Image
  • Jeff Barker

    Seller's Agent in 2016

    Jeff Barker

    RE/MAX

    (434) 610-6789

    83 Total Sales

    Section Image
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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 339746

APN: 067-03-005

Virginia Lynchburg City County Lynchburg 24503 Peakland

3869 Peakland Place, Lynchburg, VA

This home is located at 3869 Peakland Place, Lynchburg, VA 24503 since 01 August 2022 and is currently estimated at $365,721, approximately $124 per square foot. This property was built in 1959. 3869 Peakland Place is a home located in Lynchburg City with nearby schools including Paul Munro Elementary School, Linkhorne Middle School, and E.C. Glass High School.

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