NOT LISTED FOR SALE

5222 Wedgewood Rd Lynchburg, VA 24503

Bedford Hills Neighborhood

Estimated Value: $325,571 - $364,000

3 Beds
3 Baths
2,241 Sq Ft
$154/Sq Ft Est. Value

Last Sold July 29, 2016

Last sale price $200,000 $89 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $2,092/month

About This Home

As of July 2016

Not your traditional brick ranch.....The current owners have opened up the kitchen/breakfast area creating a much better flow. The living room has built-ins on either side of the masonry fireplace and sliding doors opening to the covered rear deck overlooking a level back yard. The two-car carport gives covered access to the mudroom. There 3 bedrooms and 2.5 baths on the main level. The laundry is just off the kitchen in the mud room area. The large master suite has a private tile bath and access to the back deck. The terrace level has tons of unfinished storage and workshop space and a large den with a second masonry fireplace.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2016
Closed on
Jul 28, 2016
Sold by
Chipman Daniel and Chipman Julia
Bought by
Bowden John W and Bowden Dori A
Seller's Agent
Sky Pacot
LPT Realty, Inc
Buyer's Agent
Amy Scott
John Stewart Walker, Inc
List Price
$209,900
Sold Price
$200,000
Premium/Discount to List
-$9,900
-4.72%
Current Estimated Value
$345,893

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,893
Avg. Annual Appreciation
6.23%
Original Mortgage
$156,000
Outstanding Balance
$126,376
Interest Rate
3.54%
Mortgage Type
Credit Line Revolving
Estimated Equity
$219,000

Purchase Details

Closed on
Mar 10, 2008
Sold by
Allen Florence R
Bought by
Chipman Daniel and Chipman Julia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
5.72%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Bowden John W $200,000 None Available
Chipman Daniel -- Reliance Title & Settlement
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bowden John W $156,000
Previous Owner Chipman Daniel $180,000
Previous Owner Chipman Daniel $195,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2016 07/29/16 Sold $200,000 -4.7% $89 / Sq Ft
07/29/2016 07/29/16 Pending -- -- --
05/18/2016 05/18/16 For Sale $209,900 -- $94 / Sq Ft

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 $2,380 $267,400 $45,000 $222,400
2023 $2,380 $267,400 $45,000 $222,400
2022 $2,156 $209,300 $40,000 $169,300
2021 $2,323 $209,300 $40,000 $169,300
2020 $2,091 $188,400 $40,000 $148,400
2019 $2,091 $188,400 $40,000 $148,400
2018 $1,976 $181,900 $35,000 $146,900
2017 $2,019 $181,900 $35,000 $146,900
2016 $1,933 $174,100 $35,000 $139,100
2015 $1,933 $173,200 $35,000 $138,200
2014 $1,923 $179,400 $35,000 $144,400
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2016

    Sky Pacot

    LPT Realty, Inc

    Section Image

  • A

    Buyer's Agent in 2016

    Amy Scott

    John Stewart Walker, Inc

    Section Image
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Map

Virginia Lynchburg City County Lynchburg 24503 Bedford Hills

5222 Wedgewood Rd, Lynchburg, VA

This home is located at 5222 Wedgewood Rd, Lynchburg, VA 24503 and is currently estimated at $345,893, approximately $154 per square foot. 5222 Wedgewood Rd is a home located in Lynchburg City with nearby schools including Bedford Hills Elementary School, Linkhorne Middle School, and E.C. Glass High School.

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