NOT LISTED FOR SALE

407 Meadowridge Dr Lynchburg, VA 24503

Estimated Value: $592,888 - $620,000

4 Beds
3 Baths
3,326 Sq Ft
$181/Sq Ft Est. Value

Last Sold March 16, 2020

Last sale price $383,000 $115 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $3,318/month

13 Days on Market

Highlights

  • Creek or Stream View
  • Wood Burning Stove
  • Ranch Style House
  • Forest Middle School Rated A-
  • Multiple Fireplaces
  • Wood Flooring

About This Home

As of March 2020

Custom Ranch on 3.25 acres in Boonsboro- Enjoy the privacy of Meadowridge Farms, spacious lots and incredible views of Fleming Mountain. The home offers premium living space on one level complete with elegant hardwoods and lots of windows for excellent natural light. Formal Living and Dining Rooms, 2 Wood burning Fireplaces, Andersen Windows and an Updated Kitchen with an Eat In Island and Granite Countertops. New Refrigerator, Cook Top, Wall Oven, Sink, Backsplash and newly added Coffee Bar. A Den for entertaining is just off the Kitchen with built-ins and great privacy views. The Master features lots of windows and its own en suite. The Terrace level offers a large workshop, a laundry area, a home office and a bonus room (currently used as a 4th bedroom). A large, family room is perfect for entertaining and is next to a full bath to service the lower level. A Screened In Porch is great for enjoying the outdoors. Mint Condition, Mountain views and great privacy.

Last Agent to Sell the Property

Michael McGorman

Mark A. Dalton & Co., Inc. License #0225083994 Listed on: 01/29/2020

Last Buyer's Agent

Nora Murphy

Blickenstaff & Company, Realto License #0225055928

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,773

Year Built

  • Built in 1988

Lot Details

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

Parking

  • Oversized Parking

Property Views

  • Creek or Stream
  • Mountain

Home Design

  • Ranch Style House
  • Poured Concrete
  • Shingle Roof

Interior Spaces

  • 3,326 Sq Ft Home
  • Ceiling Fan
  • Multiple Fireplaces
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Formal Dining Room
  • Workshop
  • Screened Porch
  • Fire and Smoke Detector
  • Washer and Dryer Hookup

Kitchen

  • Built-In Oven
  • Cooktop
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom

Attic

  • Attic Floors
  • Walkup Attic

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Workshop
  • Laundry in Basement

Schools

  • Boonsboro Elementary School
  • Forest Midl Middle School
  • Jefferson Forest-Hs High School

Utilities

  • Heat Pump System
  • Underground Utilities
  • Electric Water Heater
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Community Details

  • Meadowridge Farms Subdivision

Listing and Financial Details

  • Assessor Parcel Number 4513000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,773

Year Built

Built in 1988

Lot Details

0

Listing Details

  • FILLACRES: 3.2500
  • BuildingOnProperty: Other
  • Directions: Boonsboro Road to Coffee- Left on Coffee Road to right on Walnut Hollow-to Right on Meadowridge to home which is on the right.
  • Internet Providers: Comcast/Xfinity
  • Lot Measurement: Acres
  • Lot Sq Ft: 141570.00
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 4513000
  • Year Built: 1988
  • FullBathBelowGrade: 1
  • Heating System: Heat Pump, Wood Stove
  • Building Stories: One
  • Dwelling Styles: Ranch
  • Officeden Len: 18.000
  • Officeden Wid: 14.000
  • Foyer Area: 80.000000
  • Laundryroom Dim: 0.000 x 0.000
  • Living Room Dim: 18.000 x 13.000
  • Livingroom Len: 18.000
  • Livingroom Wid: 13.000
  • Masterbedroom Area: 224.000000
  • Master Bedroom Dim: 16.000 x 14.000
  • Masterbedroom Len: 16.000
  • Masterbedroom Wid: 14.000
  • Office Dim: 0.000 x 0.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 3.00
  • Bathrooms Display: 3 (3 0)
  • Lower Floor 1 Bedrooms: 4
  • Broker Approved: Yes
  • High School2: Jefferson Forest-HS
  • Legal Description: Meadowridge Farms, LT 62 SC 1
  • Middle School2: Forest Midl
  • Reciprocal Listing: No
  • Second Bedroom: 13x11 Level: Level 1 Above Grade
  • Second Bedroom Area: 143.000000
  • Third Bedroom: 15x13 Level: Level 1 Above Grade
  • Third Bedroom Area: 195.000000
  • Fourth Bedroom: 16x16 Level: Below Grade
  • Fourth Bedroom Area: 256.000000
  • Above Grade Finished Sq Ft: 2173.00
  • ApplianceConvey: Cooktop, Dishwasher, Refrigerator, Wall Oven
  • Has Attic: Floored, Walk-Up Stairs
  • Has Basement: Exterior Entrance, Finished, Full, Heated, Interior Entrance, Partitioned, Poured Concrete, Walkout, Workshop
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Year Built Exception: 0
  • Den: 18x14 Level: Level 1 Above Grade
  • Family Room: 21x16 Level: Below Grade
  • Fireplace: 2 Fireplaces, Wood Burning
  • Formal Dining: 14x13 Level: Level 1 Above Grade
  • Foyer: 10x8 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 2
  • Interior Amenities: Cable Available, Cable Connections, Ceiling Fan(s), Drywall, High Speed Data Aval, Main Level Bedroom, Main Level Den, Master Bed w/ Bath, Pantry, Separate Dining Room, Smoke Alarm, Workshop
  • Dining Kitchen: 16x14 Level: Level 1 Above Grade
  • Laundry: Basement, Dryer Connection, Washer Connections
  • Living Room: 18x13 Level: Level 1 Above Grade
  • Master Bedroom: 16x14 Level: Level 1 Above Grade
  • Screened Porch: 25x12 Level: Level 1 Above Grade
  • Den Area: 252.000000
  • FamilyRoom Area: 336.000000
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 224.000000
  • LivingRoom Area: 234.000000
  • 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

  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: Paved Drive, Garden Space, Landscaped, Screened Porch, Insulated Glass, Undergrnd Utilities, Stream/Creek, Mountain Views

Garage/Parking

  • Garage Spaces: Oversized
  • Garage Area: 780.000000
  • Garage Dim: 30.000 x 26.000
  • GarageLen: 30.000
  • GarageWid: 26.000

Utilities

  • Utility Electric: AEP/Appalachian Powr
  • Air Conditioner: Heat Pump
  • Sewer: Septic Tank
  • Hot Water: County
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors
  • Subdivision Complex: Meadowridge Farms

Schools

  • School District: Bedford
  • Elementary School #2: Boonsboro Elem
  • School District: Bedford

Lot Info

  • Lot Sq Ft: 3326.00
  • Zoning: R1

Tax Info

  • Estimated Taxes: 1773

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2020
Closed on
Mar 13, 2020
Sold by
Ritz Robert L and Ritz Deborah J
Bought by
Armfield E Albion and The Gary And Ardith C Gillispi
Seller's Agent
Michael McGorman
Mark A. Dalton & Co., Inc.
Buyer's Agent
Nora Murphy
Blickenstaff & Company, Realto
List Price
$399,900
Sold Price
$383,000
Premium/Discount to List
-$16,900
-4.23%
Current Estimated Value
$603,472

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$220,472
Avg. Annual Appreciation
8.43%

Purchase Details

Listed on
Sep 15, 2015
Closed on
Dec 8, 2015
Sold by
Chapin Greer M
Bought by
Ritz Robert L and Ritz Deborah J
Seller's Agent
Lynne Elder
Lauren Bell Real Estate, Inc.
Buyer's Agent
Michael McGorman
Mark A. Dalton & Co., Inc.
List Price
$369,900
Sold Price
$354,000
Premium/Discount to List
-$15,900
-4.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.87%
Original Mortgage
$336,300
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 14, 2010
Sold by
Chapin William L and Chapin Greer M
Bought by
Chapin Greer M
Source: Public Records

Range of Values:

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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
Armfield E Albion $383,000 Attorney
Ritz Robert L $354,000 Integrity Title & Stlmnt Llc
Chapin Greer M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ritz Robert L $336,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/16/2020 03/16/20 Sold $383,000 -4.2% $115 / Sq Ft
02/11/2020 02/11/20 Pending -- -- --
01/29/2020 01/29/20 For Sale $399,900 +13.0% $120 / Sq Ft
12/17/2015 12/17/15 Sold $354,000 -4.3% $106 / Sq Ft View Prior Sale
12/14/2015 12/14/15 Pending -- -- --
09/15/2015 09/15/15 For Sale $369,900 -- $111 / 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 $1,836 $447,900 $92,500 $355,400
2024 $1,836 $447,900 $92,500 $355,400
2023 $1,836 $223,950 $0 $0
2022 $1,705 $170,500 $0 $0
2021 $1,705 $341,000 $82,500 $258,500
2020 $1,705 $341,000 $82,500 $258,500
2019 $1,705 $341,000 $82,500 $258,500
2018 $1,589 $305,600 $77,500 $228,100
2017 $1,589 $305,600 $77,500 $228,100
2016 $1,589 $305,600 $77,500 $228,100
2015 $1,589 $305,600 $77,500 $228,100
2014 $1,589 $305,600 $72,500 $233,100
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2020

    Michael McGorman

    Mark A. Dalton & Co., Inc.

    (434) 420-4001

    71 Total Sales

    Michael McGorman
    Section Image

  • N

    Buyer's Agent in 2020

    Nora Murphy

    Blickenstaff & Company, Realto

  • L

    Seller's Agent in 2015

    Lynne Elder

    Lauren Bell Real Estate, Inc.

    (434) 660-4998

    14 Total Sales

    Lynne Elder
    Section Image
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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 322993

APN: 45-9-62

Virginia Bedford County Lynchburg 24503

407 Meadowridge Dr, Lynchburg, VA

This home is located at 407 Meadowridge Dr, Lynchburg, VA 24503 since 29 January 2020 and is currently estimated at $603,472, approximately $181 per square foot. This property was built in 1988. 407 Meadowridge Dr is a home located in Bedford County with nearby schools including Boonsboro Elementary School, Forest Middle School, and Jefferson Forest High School.

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