NOT LISTED FOR SALE

503 Bedford Springs Rd Lynchburg, VA 24502

Estimated Value: $367,000 - $408,000

4 Beds
2.5 Baths
2,350 Sq Ft
$164/Sq Ft Est. Value

Last Sold May 18, 2022

Last sale price $315,000 $134 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $2,117/month

12 Days on Market

Highlights

  • Community Lake
  • Screened Porch
  • En-Suite Primary Bedroom
  • Property is near a clubhouse
  • Fireplace in Basement
  • Outdoor Storage

About This Home

As of May 2022

Very nice one owner home in desirable Wildwood sub-division of Campbell County. Very nice lot..perfect for kids and pets. Four bedroom (possible 5th) 2.5 bath. Main level has three bedrooms, large family room, formal dining and kitchen. Bottom level has large den with stone fireplace and extra built in cabinets, half bath and two additional rooms. One car garage for plenty of storage. Roof 2015, Heat Pump 2014. Call today for your private showing.

Last Agent to Sell the Property

Jeffrey Sims

Legacy Realty and Development License #0225215227 Listed on: 04/01/2022

Last Buyer's Agent

Chris Davies

Lauren Bell Real Estate, Inc. License #0225234052

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,000

Year Built

  • Built in 1977

Lot Details

  • 0.5

Home Design

  • Split Foyer
  • Shingle Roof

Interior Spaces

  • 2,350 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Screened Porch

Kitchen

  • Electric Range
  • Microwave

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Dryer
  • Washer

Attic

  • Attic Floors
  • Attic Access Panel

Basement

  • Heated Basement
  • Exterior Basement Entry
  • Fireplace in Basement
  • Laundry in Basement

Schools

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

Utilities

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

Additional Features

  • Outdoor Storage
  • 0.5 Acre Lot
  • Property is near a clubhouse

Community Details

  • Community Lake

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,000

Year Built

Built in 1977

Lot Details

0

Listing Details

  • FILLACRES: 0.5000
  • BuildingOnProperty: Storage Building
  • Directions: Bedford Springs in Wildwood
  • ElementarySchool4: Leesville Road Elem
  • HighSchool4: Brookville High
  • Lot Measurement: Acres
  • Lot Sq Ft: 21780.00
  • MiddleSchool4: Brookville Midl
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • Year Built: 1977
  • Heating System: Heat Pump
  • Building Stories: Two
  • Dwelling Styles: Split Foyer
  • Laundryroom Dim: 0.000 x 0.000
  • Living Room Dim: 18.000 x 13.000
  • Livingroom Len: 18.000
  • Livingroom Wid: 13.000
  • Masterbedroom Area: 156.000000
  • Master Bedroom Dim: 13.000 x 12.000
  • Masterbedroom Len: 13.000
  • Masterbedroom Wid: 12.000
  • 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: WILDWOOD, LOT 63, SEC 2-A
  • Reciprocal Listing: No
  • Second Bedroom: 12x12 Level: Level 1 Above Grade
  • Second Bedroom Area: 144.000000
  • Third Bedroom: 10x11 Level: Level 1 Above Grade
  • Third Bedroom Area: 110.000000
  • Fourth Bedroom: 12x11 Level: Below Grade
  • Fourth Bedroom Area: 132.000000
  • Above Grade Finished Sq Ft: 1350.00
  • ApplianceConvey: Dryer, Generator, Microwave, Range-Elec, Refrigerator, Washer
  • Has Attic: Access, Floored
  • Has Basement: Exterior Entrance, Fireplace, Heated
  • Flooring: Carpet, Vinyl
  • Year Built Exception: 0
  • Fireplace: 1 Fireplace
  • Formal Dining: 10x11 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 2
  • Level 2 Half Bathroom: 1
  • Interior Amenities: Cable Available, Ceiling Fan(s), Main Level Den, Master Bed w/ Bath
  • Dining Kitchen: 11x10 Level: Level 1 Above Grade
  • Laundry: Basement
  • Living Room: 18x13 Level: Level 1 Above Grade
  • Master Bedroom: 13x12 Level: Level 1 Above Grade
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 110.000000
  • LivingRoom Area: 234.000000
  • 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
  • Sunroom Dim: 0.000 x 0.000

Exterior Features

  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: Paved Drive, Screened Porch, Lake Nearby, Club House Nearby

Garage/Parking

  • Garage Dim: 0.000 x 0.000

Utilities

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

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors

Schools

  • School District: Campbell

Lot Info

  • Lot Sq Ft: 2350.00

Tax Info

  • Estimated Taxes: 1000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2022
Closed on
May 5, 2022
Sold by
Mahendra And Ranjan Punatar Trust
Bought by
Thompson Douglas and Thompson Melinda Ann
Seller's Agent
Jeffrey Sims
Legacy Realty and Development
Buyer's Agent
Chris Davies
Lauren Bell Real Estate, Inc.
List Price
$319,900
Sold Price
$315,000
Premium/Discount to List
-$4,900
-1.53%
Current Estimated Value
$385,661

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,661
Avg. Annual Appreciation
6.04%
Original Mortgage
$309,294
Outstanding Balance
$293,875
Interest Rate
5.27%
Mortgage Type
New Conventional
Estimated Equity
$91,786
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
Thompson Douglas $315,000 Old Republic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thompson Douglas $309,294
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/18/2022 05/18/22 Sold $315,000 -1.5% $134 / Sq Ft
04/13/2022 04/13/22 Pending -- -- --
04/01/2022 04/01/22 For Sale $319,900 -- $136 / 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 $1,177 $261,600 $45,000 $216,600
2024 $1,177 $261,600 $45,000 $216,600
2023 $1,177 $261,600 $45,000 $216,600
2022 $904 $173,800 $25,000 $148,800
2021 $904 $173,800 $25,000 $148,800
2020 $904 $169,900 $30,300 $139,600
2019 $904 $173,800 $25,000 $148,800
2018 $883 $169,900 $30,300 $139,600
2017 $883 $169,900 $30,300 $139,600
2016 $883 $169,900 $30,300 $139,600
2015 -- $169,900 $30,300 $139,600
2014 -- $164,300 $30,000 $134,300
Source: Public Records

Agents Affiliated with this Home

  • Jeffrey Sims

    Seller's Agent in 2022

    Jeffrey Sims

    Legacy Realty and Development

    (434) 258-4751

    204 Total Sales

    Jeffrey Sims
    Section Image

  • C

    Buyer's Agent in 2022

    Chris Davies

    Lauren Bell Real Estate, Inc.

    (434) 221-9777

    139 Total Sales

    Chris Davies
    Section Image
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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 337339

APN: 020J-02000-063-0

Virginia Campbell County Lynchburg 24502

503 Bedford Springs Rd, Lynchburg, VA

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