NOT LISTED FOR SALE

408 Addie Way Lynchburg, VA 24501

Estimated Value: $413,983 - $422,000

4 Beds
2.5 Baths
2,856 Sq Ft
$146/Sq Ft Est. Value

Last Sold October 17, 2017

Last sale price $233,500 $82 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $2,314/month

49 Days on Market

Highlights

  • Wood Flooring
  • Laundry Room
  • En-Suite Primary Bedroom
  • Formal Dining Room
  • Garden Bath
  • Landscaped

About This Home

As of October 2017

***Open House this Sunday AUGUST 20th*** ***10K Price Reduction!!!***Beautiful two story home in Campbell County. Hardwood floors throughout the main level. Fireplace in Great Room with a breakfast area and kitchen that opens to a large deck. Separate formal dining room and laundry on the main level. Master suite with separate Jacuzzi tub and shower. Finished basement with garage and exterior entrance. Convenient location to restaurants, shopping and some local colleges.

Last Agent to Sell the Property

Stephen Acree

Keller Williams License #0225225687 Listed on: 07/10/2017

Keller Williams

Last Buyer's Agent

Crysty Knowles

Lynchburg's Finest Team LLC License #0225218329

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,051

Year Built

  • Built in 2004

Lot Details

  • 0.42 Acre Lot
  • Landscaped

Home Design

  • Shingle Roof

Interior Spaces

  • 2,856 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Great Room with Fireplace
  • Formal Dining Room
  • Finished Basement
  • Interior and Exterior Basement Entry
  • Attic Access Panel
  • Fire and Smoke Detector

Kitchen

  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • Bathtub Includes Tile Surround
  • Garden Bath

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Schools

  • Yellow Branch Elementary School
  • Rustburg Midl Middle School
  • Rustburg High School

Utilities

  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Russell Springs Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,051

Year Built

Built in 2004

Lot Details

0

Listing Details

  • FILLACRES: 0.4200
  • Directions: 29 south to left on English Tavern Rd, left on Russell Springs, Go to end of road and right on Addie Way
  • ElementarySchool4: Yellow Branch Elem
  • HighSchool4: Rustburg High
  • Lot Measurement: Acres
  • Lot Sq Ft: 18295.00
  • MiddleSchool4: Rustburg Midl
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • Year Built: 2004
  • Heating System: Heat Pump
  • Building Stories: Two
  • Dwelling Styles: Two Story
  • Officeden Len: 13.000
  • Officeden Wid: 11.000
  • Laundryroom Dim: 6.000 x 5.000
  • Laundryroom Len: 6.000
  • Living Room Dim: 13.000 x 13.000
  • Livingroom Len: 13.000
  • Livingroom Wid: 13.000
  • Masterbedroom Area: 280.000000
  • Master Bedroom Dim: 20.000 x 14.000
  • Masterbedroom Len: 20.000
  • 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 (2 1)
  • Lower Floor 1 Bedrooms: 4
  • Broker Approved: Yes
  • Legal Description: Lot 8 Section 5
  • Reciprocal Listing: No
  • Second Bedroom: 12x11 Level: Level 2 Above Grade
  • Second Bedroom Area: 132.000000
  • Third Bedroom: 13x11 Level: Level 2 Above Grade
  • Third Bedroom Area: 143.000000
  • Fourth Bedroom: 10x10 Level: Level 2 Above Grade
  • Fourth Bedroom Area: 100.000000
  • Above Grade Finished Sq Ft: 1904.00
  • ApplianceConvey: Dishwasher, Dryer, Microwave, Range-Elec, Refrigerator, Self Cleaning Oven, Washer
  • Has Attic: Access
  • Has Basement: Exterior Entrance, Finished, Interior Entrance
  • Flooring: Carpet, Hardwood, Tile
  • Year Built Exception: 0
  • Deck: 16x16 Level: Level 1 Above Grade
  • Den: 13x11 Level: Level 1 Above Grade
  • Fireplace: 1 Fireplace, Gas Log, Great Room
  • Formal Dining: 12x19 Level: Level 1 Above Grade
  • Level 2 Full Bathrooms: 2
  • Great Room: 22x15 Level: Level 1 Above Grade
  • First Level Half Bathrooms: 1
  • Interior Amenities: Cable Available, Ceiling Fan(s), Tile Bath(s), Garden Tub, Master Bed w/ Bath, Separate Dining Room, Smoke Alarm
  • Dining Kitchen: 12x11 Level: Level 1 Above Grade
  • Laundry: Laundry Room, Main Level, Separate Laundry Rm.
  • Laundry Room: 6x5 Level: Level 1 Above Grade
  • Living Room: 13x13 Level: Level 1 Above Grade
  • Master Bedroom: 20x14 Level: Level 2 Above Grade
  • Porch: 6x33 Level: Level 1 Above Grade
  • Rec Room: 13x11 Level: Below Grade
  • Den Area: 143.000000
  • GreatRoom Area: 330.000000
  • Livinggreat Room Dim: 22.000 x 15.000
  • Kitchen Area: 132.000000
  • Laundry Room Area: 30.000000
  • LivingRoom Area: 169.000000
  • 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 Area: 143.000000
  • Rec Room Dim: 13.000 x 11.000
  • Sunroom Dim: 0.000 x 0.000

Exterior Features

  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: Paved Drive, Landscaped, Insulated Glass

Garage/Parking

  • Garage Area: 143.000000
  • Garage Dim: 13.000 x 11.000
  • GarageLen: 13.000
  • GarageWid: 11.000

Utilities

  • Air Conditioner: Heat Pump
  • Sewer: County
  • Hot Water: County
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors
  • Subdivision Complex: Russell Springs

Schools

  • School District: Campbell

Lot Info

  • Lot Sq Ft: 2856.00

Tax Info

  • Estimated Taxes: 1051

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2017
Closed on
Oct 11, 2017
Sold by
Bitner Roy G and Bitner Shirley R
Bought by
Romero Juan and Romero Elva
Seller's Agent
Stephen Acree
Keller Williams
Buyer's Agent
Crysty Knowles
Lynchburg's Finest Team LLC
List Price
$255,000
Sold Price
$233,500
Premium/Discount to List
-$21,500
-8.43%
Current Estimated Value
$416,746

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$183,246
Avg. Annual Appreciation
7.34%
Original Mortgage
$186,800
Outstanding Balance
$156,031
Interest Rate
3.82%
Mortgage Type
New Conventional
Estimated Equity
$260,715
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Romero Juan $233,500 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Romero Juan $186,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/17/2017 10/17/17 Sold $233,500 -8.4% $82 / Sq Ft
08/28/2017 08/28/17 Pending -- -- --
07/10/2017 07/10/17 For Sale $255,000 -- $89 / 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 $1,493 $331,700 $40,000 $291,700
2024 $1,493 $331,700 $40,000 $291,700
2023 $1,493 $331,700 $40,000 $291,700
2022 $1,187 $228,300 $36,000 $192,300
2021 $1,187 $228,300 $36,000 $192,300
2020 $1,187 $202,200 $36,000 $166,200
2019 $1,187 $228,300 $36,000 $192,300
2018 $1,051 $202,200 $36,000 $166,200
2017 $1,051 $202,200 $36,000 $166,200
2016 $1,051 $202,200 $36,000 $166,200
2015 -- $202,200 $36,000 $166,200
2014 -- $194,900 $36,000 $158,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 306456

APN: 022G-05000-008-0