NOT LISTED FOR SALE

482 Burr Oak Rd Lynchburg, VA 24502

Estimated Value: $352,000 - $426,000

3 Beds
3 Baths
2,704 Sq Ft
$147/Sq Ft Est. Value

Last Sold May 14, 2020

Last sale price $249,900 $92 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $2,201/month

3 Days on Market

Highlights

  • Property is near a beach
  • Living Room with Fireplace
  • Game Room
  • Community Lake
  • Ranch Style House
  • Community Pool

About This Home

As of May 2020

Beautifully improved ranch home with 3 bedrooms and 2 full baths on the main level. The eat-in kitchen has high ceilings with exposed beams. The large living room has a real masonry fireplace. The terrace level is fully finished with a huge game/family room with a stone masonry fireplace and a wet bar. The seller uses a large finished area for a home gym. There is an office that meets all qualifications for a 4th bedroom as well. The seller replaced the heat pump within the last year. The 24'x12' storage building also has a loft. All this on a level lot in Wildwood subdivision that offers a fishing lake, pool, beach volleyball, tennis and a neighborhood pool with membership.

Last Agent to Sell the Property

Sky Pacot

LPT Realty, Inc License #0225053735 Listed on: 02/26/2020

LPT Realty, Inc

Last Buyer's Agent

Ronnie Viar

NextHome TwoFourFive License #0225178490

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,029

Year Built

  • Built in 1978

Lot Details

  • 1 Acre Lot
  • Landscaped

Parking

  • Driveway

Home Design

  • Ranch Style House
  • Poured Concrete
  • Shingle Roof

Interior Spaces

  • 2,704 Sq Ft Home
  • Ceiling Fan
  • Multiple Fireplaces
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Den with Fireplace
  • Game Room
  • Scuttle Attic Hole
  • Storm Doors
  • Washer and Dryer Hookup

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom

Finished Basement

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

Outdoor Features

  • Property is near a beach
  • Outdoor Storage

Location

  • Property is near a golf course

Schools

  • Leesville Road Elementary School
  • Brookville Midl Middle School
  • Brookville High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 20J-7-12

Community Details

Overview

  • Wildwood Subdivision
  • Community Lake

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,029

Year Built

Built in 1978

Lot Details

0

Listing Details

  • FILLACRES: 1.0000
  • BuildingOnProperty: Storage Building
  • Directions: 460 to Wildwood Subdivision, New London Drive to right on Lake Forest Drive to Left on Burr Oak. Home on left
  • ElementarySchool4: Leesville Road Elem
  • HighSchool4: Brookville High
  • Internet Providers: Shentel
  • Lot Measurement: Acres
  • Lot Sq Ft: 43560.00
  • MiddleSchool4: Brookville Midl
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 20J-7-12
  • Year Built: 1978
  • FullBathBelowGrade: 1
  • Heating System: Heat Pump
  • Building Stories: One
  • Dwelling Styles: Ranch
  • Foyer Area: 45.000000
  • Laundryroom Dim: 0.000 x 0.000
  • Living Room Dim: 14.000 x 20.000
  • Livingroom Len: 14.000
  • Livingroom Wid: 20.000
  • Masterbedroom Area: 180.000000
  • Master Bedroom Dim: 12.000 x 15.000
  • Masterbedroom Len: 12.000
  • Masterbedroom Wid: 15.000
  • Office Dim: 11.000 x 14.000
  • Other Room1 Area: 348.000000
  • Other Room1 Len: 12.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 3.00
  • Bathrooms Display: 3 (3 0)
  • Lower Floor 1 Bedrooms: 3
  • Broker Approved: Yes
  • Legal Description: WILDWOOD, LOT 12 SEC 3-B
  • Reciprocal Listing: No
  • Second Bedroom: 11x13 Level: Level 1 Above Grade
  • Second Bedroom Area: 143.000000
  • Third Bedroom: 10x12 Level: Level 1 Above Grade
  • Third Bedroom Area: 120.000000
  • Above Grade Finished Sq Ft: 1352.00
  • ApplianceConvey: Dishwasher, Microwave, Range-Elec
  • Has Attic: Scuttle
  • Has Basement: Exterior Entrance, Finished, Fireplace, Full, Game Room, Heated, Interior Entrance, Poured Concrete, Walkout
  • Breakfast Area: 9x12 Level: Level 1 Above Grade
  • Flooring: Carpet, Vinyl
  • Year Built Exception: 0
  • Deck: 10x15 Level: Level 1 Above Grade
  • Family Room: 20x25 Level: Below Grade
  • Fireplace: 2 Fireplaces, Den, Gas Log, Living Room, Wood Burning
  • Foyer: 5x9 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 2
  • Interior Amenities: Cable Available, Cable Connections, Ceiling Fan(s), Drywall, Main Level Bedroom, Master Bed w/ Bath
  • Dining Kitchen: 12x12 Level: Level 1 Above Grade
  • Laundry: Basement, Dryer Connection, Laundry Closet, Washer Connections
  • Living Room: 14x20 Level: Level 1 Above Grade
  • Master Bedroom: 12x15 Level: Level 1 Above Grade
  • Office: 11x14 Level: Below Grade
  • Other Room 1: 12x29 Level: Below Grade
  • Porch: 4x16 Level: Level 1 Above Grade
  • Additional Room 1 Description: Workout Room
  • FamilyRoom Area: 500.000000
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 144.000000
  • LivingRoom Area: 280.000000
  • Office Area: 154.000000
  • Est Other Room1 Dim: 12.000 x 29.000
  • 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: Pool Nearby, Concrete Drive, Landscaped, Storm Doors, Insulated Glass, Lake Nearby, Public Beach Nearby, Golf Nearby
  • Patio: 10x15 Level: Below Grade

Garage/Parking

  • Garage Dim: 0.000 x 0.000

Utilities

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

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors
  • Subdivision Complex: Wildwood

Schools

  • School District: Campbell

Lot Info

  • Lot Sq Ft: 2704.00
  • Zoning: R-1

Tax Info

  • Estimated Taxes: 1029

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2020
Closed on
Apr 23, 2020
Sold by
Mays Travis L and Mays Desirae N
Bought by
Ashley Shawn Douglas and Ashley Megann Grace
Seller's Agent
Sky Pacot
LPT Realty, Inc
Buyer's Agent
Ronnie Viar
NextHome TwoFourFive
List Price
$244,900
Sold Price
$249,900
Premium/Discount to List
$5,000
2.04%
Current Estimated Value
$398,382

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,482
Avg. Annual Appreciation
8.92%
Original Mortgage
$237,405
Outstanding Balance
$209,913
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$188,469

Purchase Details

Listed on
Jun 23, 2014
Closed on
Aug 28, 2014
Sold by
Mitchem Jerry W
Bought by
Mays Travis L
Seller's Agent
APRIL S HESS
Mark A. Dalton & Co., Inc.
Buyer's Agent
Sky Pacot
LPT Realty, Inc
List Price
$214,900
Sold Price
$210,500
Premium/Discount to List
-$4,400
-2.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.11%
Original Mortgage
$214,795
Interest Rate
4.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 22, 2011
Sold by
Hill Sub Tr Robert B and Pedersen Andrew M
Bought by
Mitchem Jerry W
Source: Public Records

Range of Values:

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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
Ashley Shawn Douglas $249,900 Seven Hills Setttlement
Mays Travis L $210,500 --
Mitchem Jerry W $53,004 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ashley Shawn Douglas $237,405
Previous Owner Mitchem Jerry W $214,795
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/14/2020 05/14/20 Sold $249,900 +2.0% $92 / Sq Ft
02/29/2020 02/29/20 Pending -- -- --
02/26/2020 02/26/20 For Sale $244,900 +16.3% $91 / Sq Ft
10/07/2014 10/07/14 Sold $210,500 -2.0% $112 / Sq Ft View Prior Sale
10/07/2014 10/07/14 Pending -- -- --
06/23/2014 06/23/14 For Sale $214,900 -- $114 / 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 $1,396 $310,200 $45,000 $265,200
2024 $1,396 $310,200 $45,000 $265,200
2023 $1,396 $310,200 $45,000 $265,200
2022 $1,069 $205,500 $25,000 $180,500
2021 $1,069 $205,500 $25,000 $180,500
2020 $1,069 $197,800 $30,300 $167,500
2019 $1,069 $205,500 $25,000 $180,500
2018 $1,029 $197,800 $30,300 $167,500
2017 $1,029 $197,800 $30,300 $167,500
2016 $1,029 $197,800 $30,300 $167,500
2015 -- $197,800 $30,300 $167,500
2014 -- $155,500 $30,000 $125,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 323465

APN: 020J-07000-012-0