NOT LISTED FOR SALE

389 Lake Forest Dr Lynchburg, VA 24502

Estimated Value: $475,000 - $581,000

5 Beds
5 Baths
4,011 Sq Ft
$131/Sq Ft Est. Value

About This Home

This home is located at 389 Lake Forest Dr, Lynchburg, VA 24502 and is currently estimated at $527,109, approximately $131 per square foot. 389 Lake Forest Dr is a home located in Campbell County with nearby schools including Leesville Road Elementary School, Brookville Middle School, and Brookville High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 25, 2020
Sold by
Rice Mayberry J and Tilley-Rice Katrina Y
Bought by
Patterson William Blair and Patterson Alicia Smith
Current Estimated Value
$511,741

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,565
Outstanding Balance
$300,924
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$200,725
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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
Patterson William Blair $345,000 Advantage Title & Closing
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patterson William Blair $337,565
Previous Owner Rice Mayberry J $134,000
Previous Owner Rice Mayberry J $164,000
Previous Owner Rice Mayberry J $70,000
Previous Owner Rice Mayberry J $50,000
Previous Owner Rice Mayberry J $61,500
Previous Owner Rice Mayberry J $189,250
Previous Owner Rice Joseph M $78,000
Source: Public Records

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 $1,955 $434,500 $59,100 $375,400
2024 $1,955 $434,500 $59,100 $375,400
2023 $1,955 $434,500 $59,100 $375,400
2022 $1,635 $314,400 $32,800 $281,600
2021 $1,635 $314,400 $32,800 $281,600
2020 $1,635 $312,100 $39,800 $272,300
2019 $1,635 $314,400 $32,800 $281,600
2018 $1,623 $312,100 $39,800 $272,300
2017 $1,623 $312,100 $39,800 $272,300
2016 $1,623 $312,100 $39,800 $272,300
2015 -- $312,100 $39,800 $272,300
2014 -- $303,200 $39,400 $263,800
Source: Public Records

Map

Virginia Campbell County Lynchburg 24502

389 Lake Forest Dr, Lynchburg, VA

This home is located at 389 Lake Forest Dr, Lynchburg, VA 24502 and is currently estimated at $527,109, approximately $131 per square foot. 389 Lake Forest Dr is a home located in Campbell County with nearby schools including Leesville Road Elementary School, Brookville Middle School, and Brookville High School.

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