NOT LISTED FOR SALE

494 Lake Forest Dr Lynchburg, VA 24502

Estimated Value: $399,000 - $440,000

3 Beds
2.5 Baths
2,527 Sq Ft
$167/Sq Ft Est. Value

Last Sold April 30, 2021

Last sale price $302,000 $120 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $2,325/month

1 Day on Market

Highlights

  • Community Lake
  • Wood Flooring
  • Tennis Courts
  • Property is near a clubhouse
  • Community Pool
  • Circular Driveway

About This Home

As of April 2021

Fabulous Spanish inspired home in wonderful Wildwood subdivision boasting newly renovated kitchen, all new interior paint, remodeled master bath with tile shower, and the list goes on! You'll want to make an appointment to see this lovely home. The circular driveway leads to the cozy covered front porch for relaxing and reading a book. Entry foyer is lovely with dual staircase, slate flooring, and leads to the huge living room, dining room. Step into the newly remodeled kitchen with new layout, quartz counter tops, all new cabinetry, flooring, new stainless appliances...what a wonderful, expansive kitchen for cooking and baking, so much storage. Second level boasts bedrooms, master is spacious with newly renovated bathroom, walk-in closet. Terrace level ideal for game room, family room, fireplace, wet bar, and leads to sunroom with exterior entrance, storage room. Side concrete patio would be perfect for fire pit, basketball, plus deck for grilling, fenced rear yard. WOW!

Last Agent to Sell the Property

Nadine Blakely

Re/Max 1st Olympic License #0225103715 Listed on: 02/27/2021

Re/Max 1st Olympic

Last Buyer's Agent

Karl Miller

Karl Miller Realty LLC License #0225246610

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,300

Year Built

  • Built in 1977

Lot Details

  • 0.46 Acre Lot
  • Landscaped
  • Property is zoned R1

Parking

  • Circular Driveway

Home Design

  • Split Level Home
  • Shingle Roof

Interior Spaces

  • 2,527 Sq Ft Home
  • Multi-Level Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Fireplace With Glass Doors
  • Den with Fireplace
  • Attic Access Panel

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Slate Flooring
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Partial Basement
  • Interior and Exterior Basement Entry
  • Fireplace in Basement
  • Laundry in Basement
  • Crawl Space

Outdoor Features

  • Outdoor Storage

Location

  • Property is near a clubhouse
  • Property is near a golf course

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 20J231

Community Details

Overview

  • Wildwood Subdivision
  • Community Lake

Recreation

  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,300

Year Built

Built in 1977

Lot Details

0

Listing Details

  • FILLACRES: 0.4600
  • BuildingOnProperty: Storage Building
  • Directions: 460 W, turn Left in front of 7-11 on New London Dr. stay on New London Dr. to Right on Lake Forest Dr., Home on Left
  • ElementarySchool4: Leesville Road Elem
  • HighSchool4: Brookville High
  • Lot Measurement: Acres
  • Lot Sq Ft: 20038.00
  • MiddleSchool4: Brookville Midl
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 20J231
  • Year Built: 1977
  • HalfBathBelowGrade: 1
  • Heating System: Electric Baseboard, Heat Pump
  • Building Stories: Multi/Split
  • Dwelling Styles: Split Level
  • Foyer Area: 77.000000
  • Laundryroom Dim: 7.000 x 6.000
  • Laundryroom Len: 7.000
  • Living Room Dim: 18.000 x 11.000
  • Livingroom Len: 18.000
  • Livingroom Wid: 11.000
  • Masterbedroom Area: 221.000000
  • Master Bedroom Dim: 17.000 x 13.000
  • Masterbedroom Len: 17.000
  • Masterbedroom Wid: 13.000
  • Office Dim: 0.000 x 0.000
  • Sun Room Len: 18.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 3.00
  • Bathrooms Display: 3 (2 1)
  • Lower Floor 1 Bedrooms: 3
  • Broker Approved: Yes
  • Legal Description: WILDWOOD, LOT 31 SEC 2-A
  • Reciprocal Listing: No
  • Second Bedroom: 12x12 Level: Level 2 Above Grade
  • Second Bedroom Area: 144.000000
  • Third Bedroom: 12x12 Level: Level 2 Above Grade
  • Third Bedroom Area: 144.000000
  • Above Grade Finished Sq Ft: 1769.00
  • ApplianceConvey: Dishwasher, Range-Elec
  • Has Attic: Access
  • Has Basement: Crawl Space, Exterior Entrance, Finished, Fireplace, Heated, Interior Entrance, Partial, Walkout
  • Breakfast Area: 11x7 Level: Level 1 Above Grade
  • Flooring: Carpet, Hardwood, Slate, Vinyl
  • Year Built Exception: 0
  • Deck: 12x10 Level: Level 1 Above Grade
  • Family Room: 29x21 Level: Below Grade
  • Fireplace: 1 Fireplace, Den, Glass Doors, Wood Burning
  • Formal Dining: 13x11 Level: Level 1 Above Grade
  • Foyer: 11x7 Level: Level 1 Above Grade
  • Level 2 Full Bathrooms: 2
  • Interior Amenities: Cable Available, Ceiling Fan(s), Drywall, High Speed Data Aval, Master Bed w/ Bath, Pantry, Walk-In Closet(s)
  • Dining Kitchen: 13x11 Level: Level 1 Above Grade
  • Laundry: Basement, Dryer Connection, Laundry Room, Washer Connections
  • Laundry Room: 7x6 Level: Below Grade
  • Living Room: 18x11 Level: Level 1 Above Grade
  • Master Bedroom: 17x13 Level: Level 2 Above Grade
  • Sun Room: 18x12 Level: Below Grade
  • FamilyRoom Area: 609.000000
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 143.000000
  • Laundry Room Area: 42.000000
  • LivingRoom Area: 198.000000
  • 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
  • Sun Room Area: 216.000000
  • Sunroom Dim: 18.000 x 12.000

Exterior Features

  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: Pool Nearby, Circular Drive, Paved Drive, Landscaped, Tennis Courts Nearby, Undergrnd Utilities, Lake Nearby, Club House Nearby, Golf Nearby
  • Patio: 24x6 Level: Below Grade

Garage/Parking

  • Garage Dim: 0.000 x 0.000

Utilities

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

Condo/Co-op/Association

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

Schools

  • School District: Campbell

Lot Info

  • Lot Sq Ft: 2527.00
  • Zoning: R1

Tax Info

  • Estimated Taxes: 1300

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2021
Closed on
Apr 27, 2021
Sold by
Wheelous Kevin W and Wheelous Crystal M
Bought by
Troyer Thomas E and Troyer Karissa Ruthann
Seller's Agent
Nadine Blakely
Re/Max 1st Olympic
Buyer's Agent
Karl Miller
Karl Miller Realty LLC
List Price
$297,500
Sold Price
$302,000
Premium/Discount to List
$4,500
1.51%
Current Estimated Value
$421,161

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,161
Avg. Annual Appreciation
7.67%
Original Mortgage
$230,400
Outstanding Balance
$208,473
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$212,688

Purchase Details

Listed on
Mar 10, 2016
Closed on
Jun 15, 2016
Sold by
Bower James E
Bought by
Wheelous Kevin W and Wheelous Crystal M
Seller's Agent
Nadine Blakely
Re/Max 1st Olympic
Buyer's Agent
Jennifer Goodman
John Stewart Walker, Inc
List Price
$204,500
Sold Price
$204,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.39%
Original Mortgage
$194,275
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 8, 2016
Sold by
Bower Cindy Hermanson
Bought by
Bower James E
Source: Public Records

Range of Values:

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Average Value
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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
Troyer Thomas E $302,000 None Listed On Document
Wheelous Kevin W $204,600 Absolute Title & Settlement
Bower James E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Troyer Thomas E $230,400
Previous Owner Wheelous Kevin W $194,275
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/30/2021 04/30/21 Sold $302,000 +1.5% $120 / Sq Ft
02/28/2021 02/28/21 Pending -- -- --
02/27/2021 02/27/21 For Sale $297,500 +45.5% $118 / Sq Ft
06/27/2016 06/27/16 Sold $204,500 0.0% $81 / Sq Ft View Prior Sale
06/27/2016 06/27/16 Pending -- -- --
03/10/2016 03/10/16 For Sale $204,500 -- $81 / 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 $1,448 $321,700 $45,000 $276,700
2024 $1,448 $321,700 $45,000 $276,700
2023 $1,448 $321,700 $45,000 $276,700
2022 $1,129 $217,100 $25,000 $192,100
2021 $1,129 $217,100 $25,000 $192,100
2020 $1,129 $211,700 $30,300 $181,400
2019 $1,129 $217,100 $25,000 $192,100
2018 $1,101 $211,700 $30,300 $181,400
2017 $1,101 $211,700 $30,300 $181,400
2016 $1,101 $211,700 $30,300 $181,400
2015 -- $211,700 $30,300 $181,400
2014 -- $206,600 $30,000 $176,600
Source: Public Records

Agents Affiliated with this Home

  • Nadine Blakely

    Seller's Agent in 2021

    Nadine Blakely

    RE/MAX

    (434) 444-2226

    390 Total Sales

    Nadine Blakely
    Section Image
  • Karl Miller

    Buyer's Agent in 2021

    Karl Miller

    Karl Miller Realty LLC

    (434) 239-2394

    459 Total Sales

    Karl Miller
    Section Image

  • J

    Buyer's Agent in 2016

    Jennifer Goodman

    John Stewart Walker, Inc

    36 Total Sales

    Jennifer Goodman
    Section Image
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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 329890

APN: 020J-02000-031-0

Virginia Campbell County Lynchburg 24502

494 Lake Forest Dr, Lynchburg, VA

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