NOT LISTED FOR SALE

4625 Ferncliff Dr Lynchburg, VA 24502

Perrymont Neighborhood

Estimated Value: $127,000 - $248,277

3 Beds
2 Baths
1,152 Sq Ft
$172/Sq Ft Est. Value

Last Sold April 29, 2024

Last sale price $100,000 $87 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $1,119/month

75 Days on Market

About This Home

As of April 2024

Incredible opportunity for an investor or owner occupant who wants to build really strong equity! Fully framed in and hooked up to City Water and Sewer! Check out the gorgeous view off the back deck overlooking the pond! Would be perfect for an airbnb and there are several of the same airbnbs cashflowing in Lynchburg. Estimates to finish the project can be provided. Don't hesitate to reach out!

Last Agent to Sell the Property

Stephen Acree

Keller Williams License #0225225687 Listed on: 01/01/2024

Keller Williams

Last Buyer's Agent

Stephen Acree

Keller Williams License #0225225687 Listed on: 01/01/2024

Keller Williams

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $615

Year Built

  • Built in 2023 | Under Construction

Lot Details

  • 0.25 Acre Lot

Home Design

  • Shingle Roof

Interior Spaces

  • 1,152 Sq Ft Home
  • 2-Story Property
  • Laundry on main level

Schools

  • Perrymont Elementary School
  • Pl Dunbar Midl Middle School
  • Heritage High School

Utilities

  • No Cooling
  • No Heating
  • No Water Heater

Community Details

  • Perrymont Subdivision
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 05802021

Home Details

Home Type

Single Family

Est. Annual Taxes

$615

Year Built

Built in 2023 | Under Construction

Lot Details

0

Listing Details

  • Directions: Turn left onto ferncliff and destination is on the right.
  • Days On Market: No
  • Prop. Type: Residential
  • Year Built: 2023
  • Garage Yn: No
  • Estimated Completion: 2024-02-29
  • Property Sub-Type: Single Family Residence
  • Subdivision Name: Perrymont
  • Above Grade Finished Sq Ft: 1152.00
  • Architectural Style: Other, See Remarks
  • Laundryroom Dim: 0.000 x 0.000
  • Office Dim: 0.000 x 0.000
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 2.00
  • Bathrooms Display: 2 (2 0)
  • Broker Approved: Yes
  • Reciprocal Listing: No
  • Has Attic: Other
  • Has Basement: Other
  • Flooring: Other
  • Deck: 6x12 Level: Level 2 Above Grade
  • Level 1 Full Bathrooms: 1
  • Level 2 Full Bathrooms: 1
  • Interior Amenities: Other
  • Dining Kitchen: 12x16 Level: Level 1 Above Grade
  • Laundry: Main Level
  • Living Room: 12x12 Level: Level 1 Above Grade
  • Master Bedroom: 10x12 Level: Level 1 Above Grade
  • Appliances: None
  • Stories: Two
  • Third Bedroom: 12x20 Level: Level 2 Above Grade
  • Second Bedroom: 12x12 Level: Level 2 Above Grade
  • Room Bedroom3 Area: 240.000000
  • Room Master Bedroom Area: 120.000000
  • Room Kitchen Area: 192.000000
  • Room Living Room Area: 144.000000
  • Room Bedroom2 Area: 144.000000
  • MasterBedroomDimensions Dim: 10.000 x 12.000
  • Kitchen Dim: 12.000 x 16.000
  • Sunroom Dim: 0.000 x 0.000
  • Master Bedroom Master Bedroom Width: 12.000

Exterior Features

  • Lot Number: 29
  • Roof: Shingle
  • New Construction: Under Construction
  • Exterior Features: Other

Garage/Parking

  • Garage Dim: 0.000 x 0.000

Utilities

  • Cooling: None
  • Sewer: City
  • Water Heater: None
  • Heating: None
  • Water Source: City

Schools

  • Elementary School: Perrymont Elem
  • High School: Heritage High
  • Middle School: PL Dunbar Midl
  • Junior High Dist: Lynchburg

Lot Info

  • Acres: 0.2514
  • Lot Size Sq Ft: 10951.00
  • ResoLotSizeUnits: Acres
  • Parcel Number: 05802021
  • ResoLotSizeUnits: Acres

Rental Info

  • Sub Lease: No
  • Sub Lease Expiration Date: 1800-01-01T00:00:00.001-05:00

Tax Info

  • Estimated Taxes: 615

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 1, 2024
Closed on
Apr 26, 2024
Sold by
Austin-Moon Leah and Austin-Moon Amy Rebecca
Bought by
Smls Business Trust
Seller's Agent
Stephen Acree
Keller Williams
Buyer's Agent
Stephen Acree
Keller Williams
List Price
$139,900
Sold Price
$100,000
Premium/Discount to List
-$39,900
-28.52%
Views
546
Current Estimated Value
$197,819

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,819
Avg. Annual Appreciation
45.21%

Purchase Details

Closed on
Nov 16, 2020
Sold by
Foley Terence and Foley Susan
Bought by
Moon Leah Austin and Moon Amy Rebecca

Purchase Details

Listed on
Nov 19, 2019
Closed on
Mar 26, 2020
Sold by
Vanrdell James M
Bought by
Foley Terence and Foley Susan
Seller's Agent
Wendy Reddy
Reddy Real Estate, Inc.
Buyer's Agent
Josh Redmond
Mark A. Dalton & Co., Inc.
List Price
$9,900
Sold Price
$2,000
Premium/Discount to List
-$7,900
-79.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
124.45%

Purchase Details

Closed on
Oct 14, 2009
Sold by
Brown Bryan Wayne
Bought by
Varndell James M

Purchase Details

Closed on
Jul 30, 2008
Sold by
Brown Bryan Wayne
Bought by
David L Bryant Trust
Source: Public Records

Range of Values:

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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
Smls Business Trust $100,000 Pike Title
Moon Leah Austin $500 Absolute Title
Foley Terence $2,000 None Available
Varndell James M $5,512 Southern Title
David L Bryant Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Austin-Moon Llc $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2024 04/29/24 Sold $100,000 -23.0% $87 / Sq Ft
03/13/2024 03/13/24 Pending -- -- --
02/16/2024 02/16/24 Price Changed $129,900 -7.1% $113 / Sq Ft
12/29/2023 12/29/23 For Sale $139,900 +6895.0% $121 / Sq Ft
03/27/2020 03/27/20 Sold $2,000 -79.8% $0 / Sq Ft
03/11/2020 03/11/20 Pending -- -- --
11/19/2019 11/19/19 For Sale $9,900 -- $1 / 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 $905 $101,700 $15,000 $86,700
2023 $615 $69,100 $15,000 $54,100
2022 $41 $4,000 $4,000 $0
2021 $44 $4,000 $4,000 $0
2020 $44 $4,000 $4,000 $0
2019 $44 $4,000 $4,000 $0
2018 $44 $4,000 $4,000 $0
2017 $44 $4,000 $4,000 $0
2016 $44 $4,000 $4,000 $0
2015 $11 $4,000 $4,000 $0
2014 $33 $20,000 $20,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Stephen Acree

    Seller's Agent in 2024

    Stephen Acree

    Keller Williams

    (434) 607-2976

    9 in this area

    244 Total Sales

    Stephen Acree
    Section Image

  • W

    Seller's Agent in 2020

    Wendy Reddy

    Reddy Real Estate, Inc.

    (434) 258-4121

    109 Total Sales

    Wendy Reddy
    Section Image

  • J

    Buyer's Agent in 2020

    Josh Redmond

    Mark A. Dalton & Co., Inc.

    (434) 386-1998

    16 in this area

    376 Total Sales

    Josh Redmond
    Section Image
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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 349799

APN: 058-02-021

Virginia Lynchburg City County Lynchburg 24502 Perrymont

4625 Ferncliff Dr, Lynchburg, VA

This home is located at 4625 Ferncliff Dr, Lynchburg, VA 24502 since 01 January 2024 and is currently estimated at $197,819, approximately $171 per square foot. This property was built in 2023. 4625 Ferncliff Dr is a home located in Lynchburg City with nearby schools including Perrymont Elementary School, Paul Laurence Dunbar Mid. for Innov., and Heritage High School.

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