NOT LISTED FOR SALE

523 Elmwood Ave Lynchburg, VA 24503

Woodland Neighborhood

Estimated Value: $371,000 - $467,000

4 Beds
3 Baths
1,984 Sq Ft
$202/Sq Ft Est. Value

Last Sold December 30, 2020

Last sale price $299,900 $151 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $2,375/month

Highlights

  • In Ground Pool
  • Great Room
  • Workshop
  • Contemporary Architecture
  • Tennis Courts
  • Formal Dining Room

About This Home

As of December 2020

**Sold & Closed, entered for Comp purposes only.**

Last Agent to Sell the Property

Amy Scott

John Stewart Walker, Inc License #0225087698 Listed on: 12/30/2020

Last Buyer's Agent

Amy Scott

John Stewart Walker, Inc License #0225087698 Listed on: 12/30/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,374

Year Built

  • Built in 1956

Lot Details

  • 0.25 Acre Lot
  • Fenced Yard
  • Landscaped
  • Garden
  • Property is zoned R-2

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 1,984 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Great Room
  • Formal Dining Room
  • Workshop
  • Storm Doors

Kitchen

  • Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • 3 Full Bathrooms
  • Bathtub Includes Tile Surround

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Attic

  • Attic Access Panel
  • Scuttle Attic Hole

Pool

  • In Ground Pool

Schools

  • Bedford Hills Elementary School
  • Linkhorne Midl Middle School
  • E. C. Glass High School

Utilities

  • Heat Pump System
  • Tankless Water Heater
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Tennis Courts

Listing and Financial Details

  • Assessor Parcel Number 00711021

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,374

Year Built

Built in 1956

Lot Details

0

Listing Details

  • FILLACRES: 0.2500
  • Directions: Rivermont Avenue to Elmwood Avenue. Home on the right.
  • ElementarySchool7: Bedford Hills Elem
  • HighSchool7: E. C. Glass High
  • Lot Measurement: Acres
  • Lot Sq Ft: 10890.00
  • MiddleSchool7: Linkhorne Midl
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 00711021
  • Year Built: 1956
  • Heating System: Heat Pump
  • Building Stories: One
  • Dwelling Styles: Contemporary
  • Laundryroom Dim: 0.000 x 0.000
  • Living Room Dim: 0.000 x 0.000
  • Masterbedroom Area: 195.000000
  • Master Bedroom Dim: 15.000 x 13.000
  • Masterbedroom Len: 15.000
  • Masterbedroom Wid: 13.000
  • Office Dim: 0.000 x 0.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 3.00
  • Bathrooms Display: 3 (3 0)
  • Lower Floor 1 Bedrooms: 4
  • Broker Approved: Yes
  • Legal Description: COURNTEY SPRINGS, SEC 1, LOT 21
  • Reciprocal Listing: No
  • Second Bedroom: 15x12 Level: Level 1 Above Grade
  • Second Bedroom Area: 180.000000
  • Third Bedroom: 15x12 Level: Level 1 Above Grade
  • Third Bedroom Area: 180.000000
  • Fourth Bedroom: 12x12 Level: Level 1 Above Grade
  • Fourth Bedroom Area: 144.000000
  • Above Grade Finished Sq Ft: 1984.00
  • ApplianceConvey: Cooktop, Dishwasher, Microwave, Refrigerator
  • Has Attic: Access, Scuttle
  • Has Basement: Slab
  • Flooring: Carpet, Ceramic Tile, Laminate
  • Year Built Exception: 0
  • Formal Dining: 20x12 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 3
  • Great Room: 20x15 Level: Level 1 Above Grade
  • Interior Amenities: Cable Available, Cable Connections, Ceiling Fan(s), Great Room, Main Level Bedroom, Master Bed w/ Bath, Separate Dining Room, Tile Bath(s), Workshop
  • Dining Kitchen: 14x9 Level: Level 1 Above Grade
  • Laundry: Dryer Connection, Main Level, Washer Connections
  • Master Bedroom: 15x13 Level: Level 1 Above Grade
  • GreatRoom Area: 300.000000
  • Livinggreat Room Dim: 20.000 x 15.000
  • Kitchen Area: 126.000000
  • 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: In Ground Pool, Paved Drive, Fenced Yard, Garden Space, Landscaped, Storm Doors, Insulated Glass, Tennis Courts Nearby

Garage/Parking

  • Garage Dim: 0.000 x 0.000

Utilities

  • Air Conditioner: Heat Pump
  • Sewer: City
  • Hot Water: City
  • Water Heater: Gas, Tankless

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors

Schools

  • School District: Lynchburg
  • School District: Lynchburg

Lot Info

  • Lot Sq Ft: 1984.00
  • Zoning: R-2

Tax Info

  • Estimated Taxes: 2374

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 30, 2020
Closed on
Dec 28, 2020
Sold by
Pristach Peter
Bought by
Cornfield Kyle D and Mayes Julianne
Seller's Agent
Amy Scott
John Stewart Walker, Inc
Buyer's Agent
Amy Scott
John Stewart Walker, Inc
List Price
$299,900
Sold Price
$299,900
Current Estimated Value
$400,348

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,448
Avg. Annual Appreciation
6.76%
Original Mortgage
$270,750
Outstanding Balance
$244,357
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$163,162

Purchase Details

Listed on
Aug 29, 2017
Closed on
Sep 26, 2017
Sold by
Schwartz Robert C and Schwartz Diana G
Bought by
Pristach Peter
Seller's Agent
Daniel Frazier
John Stewart Walker, Inc
Buyer's Agent
Amy Scott
John Stewart Walker, Inc
List Price
$254,900
Sold Price
$250,000
Premium/Discount to List
-$4,900
-1.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.76%
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
Cornfield Kyle D $299,900 None Available
Pristach Peter $250,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cornfield Kyle D $270,750
Previous Owner Schwartz Terrance Launsbach $176,000
Previous Owner Schwartz Teresa Lynne $75,000
Previous Owner Schwartz Teresa Lynn $45,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2020 12/30/20 Sold $299,900 0.0% $151 / Sq Ft
12/30/2020 12/30/20 Pending -- -- --
12/30/2020 12/30/20 For Sale $299,900 +20.0% $151 / Sq Ft
09/29/2017 09/29/17 Sold $250,000 -1.9% $126 / Sq Ft
09/26/2017 09/26/17 Pending -- -- --
08/29/2017 08/29/17 For Sale $254,900 -- $128 / 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
2024 $2,534 $284,700 $35,000 $249,700
2023 $2,534 $284,700 $35,000 $249,700
2022 $2,688 $261,000 $30,000 $231,000
2021 $2,897 $261,000 $30,000 $231,000
2020 $2,374 $213,900 $30,000 $183,900
2019 $2,374 $213,900 $30,000 $183,900
2018 $1,803 $162,400 $30,000 $132,400
2017 $1,803 $162,400 $30,000 $132,400
2016 $1,803 $162,400 $30,000 $132,400
2015 $1,803 $162,400 $30,000 $132,400
2014 $1,803 $146,900 $30,000 $116,900
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2020

    Amy Scott

    John Stewart Walker, Inc

    Section Image

  • D

    Seller's Agent in 2017

    Daniel Frazier

    John Stewart Walker, Inc

    Section Image
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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 329013

APN: 007-11-021

Virginia Lynchburg City County Lynchburg 24503 Woodland

523 Elmwood Ave, Lynchburg, VA

This home is located at 523 Elmwood Ave, Lynchburg, VA 24503 since 30 December 2020 and is currently estimated at $400,348, approximately $201 per square foot. This property was built in 1956. 523 Elmwood Ave 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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