NOT LISTED FOR SALE

5006 Boonsboro Rd Lynchburg, VA 24503

Estimated Value: $10,785,225

-- Bed
-- Bath
14,147 Sq Ft
$762/Sq Ft Est. Value

About This Home

This home is located at 5006 Boonsboro Rd, Lynchburg, VA 24503 and is currently estimated at $10,785,225, approximately $762 per square foot. 5006 Boonsboro Rd is a home located in Lynchburg City with nearby schools including Paul Munro Elementary School, Linkhorne Middle School, and E.C. Glass High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 29, 2007
Sold by
Boonsboro Road Realty Llc
Bought by
Gac Lynchburg Va Llc
Current Estimated Value
$10,785,225

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,810,000
Outstanding Balance
$2,482,747
Interest Rate
6.27%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$8,088,352

Purchase Details

Closed on
Aug 30, 2006
Sold by
Vitale Salvatore and Vitale Antonina Lo Duca
Bought by
Boonsboro Road Realty Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,450,000
Interest Rate
6.47%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Gac Lynchburg Va Llc $5,730,000 None Available
Boonsboro Road Realty Llc $2,160,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gac Lynchburg Va Llc $3,810,000
Previous Owner Boonsboro Road Realty Llc $4,450,000
Previous Owner Vitale Salvatore $200,000
Source: Public Records

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 $40,030 $4,497,800 $910,000 $3,587,800
2023 $40,030 $4,497,800 $910,000 $3,587,800
2022 $46,327 $4,497,800 $910,000 $3,587,800
2021 $49,926 $4,497,800 $910,000 $3,587,800
2020 $50,358 $4,536,800 $910,000 $3,626,800
2019 $50,358 $5,060,300 $910,000 $4,150,300
2018 $29,690 $2,674,800 $490,000 $2,184,800
2017 $29,690 $2,674,800 $490,000 $2,184,800
2016 $29,690 $2,674,800 $490,000 $2,184,800
2015 $7,423 $2,419,200 $350,000 $2,069,200
2014 $6,713 $1,896,800 $350,000 $1,546,800
Source: Public Records

Map

Virginia Lynchburg City County Lynchburg 24503

5006 Boonsboro Rd, Lynchburg, VA

This home is located at 5006 Boonsboro Rd, Lynchburg, VA 24503 and is currently estimated at $10,785,225, approximately $762 per square foot. 5006 Boonsboro Rd is a home located in Lynchburg City with nearby schools including Paul Munro Elementary School, Linkhorne Middle School, and E.C. Glass High School.

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