NOT LISTED FOR SALE

538 Oakley Ave Lynchburg, VA 24501

Westend Neighborhood

Estimated Value: $163,000 - $192,393

3 Beds
2 Baths
1,301 Sq Ft
$139/Sq Ft Est. Value

Last Sold July 09, 2021

Last sale price $133,500 $103 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $1,084/month

4 Days on Market

Highlights

  • Cape Cod Architecture
  • Attic
  • Laundry Room
  • Wood Flooring
  • Formal Dining Room
  • 1-Story Property

About This Home

As of July 2021

This adorable house is ready for your family. With the charming wood floors, spacious rooms, recently professionally painted walls, off-street parking, the only thing this home needs is your personal touch! Great location and even better price! Large, flat yard is perfect for pets or children, and you can entertain on your quaint, covered back deck. Get to know your neighbors as you sit out on your front porch. Inside, this house has a great layout with potential additional sqft in attic & basement. Welcome Home!

Last Agent to Sell the Property

Jon Gregory

Karl Miller Realty LLC License #0225241702 Listed on: 06/04/2021

Last Buyer's Agent

Liz Pino

eXp Realty LLC-Stafford License #0225245487

eXp Realty LLC-Stafford

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,143

Year Built

  • Built in 1940

Lot Details

  • 0.31 Acre Lot

Home Design

  • Cape Cod Architecture
  • Shingle Roof

Interior Spaces

  • 1,301 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Formal Dining Room
  • Wood Flooring
  • Walkup Attic

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Laundry in Basement

Schools

  • Tc Miller Elementary School
  • Pl Dunbar Midl Middle School
  • E. C. Glass High School

Utilities

  • Heat Pump System
  • Electric Water Heater

Community Details

  • Commercial Misc Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01217005

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,143

Year Built

Built in 1940

Lot Details

0

Listing Details

  • FILLACRES: 0.3091
  • Directions: Lakeside Dr right on Oakley Ave, then the property will be on the left
  • ElementarySchool7: TC Miller Elem
  • HighSchool7: E. C. Glass High
  • Internet Providers: Comcast/Xfinity
  • Lot Measurement: Acres
  • Lot Sq Ft: 13464.00
  • MiddleSchool7: PL Dunbar Midl
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 01217005
  • Year Built: 1940
  • FullBathBelowGrade: 1
  • Heating System: Heat Pump
  • Building Stories: One
  • Dwelling Styles: Cape Cod
  • Laundryroom Dim: 0.000 x 0.000
  • Living Room Dim: 16.000 x 13.000
  • Livingroom Len: 16.000
  • Livingroom Wid: 13.000
  • Masterbedroom Area: 143.000000
  • Master Bedroom Dim: 13.000 x 11.000
  • Masterbedroom Len: 13.000
  • Masterbedroom Wid: 11.000
  • Office Dim: 0.000 x 0.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 2.00
  • Bathrooms Display: 2 (2 0)
  • Lower Floor 1 Bedrooms: 3
  • Broker Approved: Yes
  • Legal Description: OAKLEY ADDN, LOT E
  • Reciprocal Listing: No
  • Second Bedroom: 13x10 Level: Level 1 Above Grade
  • Second Bedroom Area: 130.000000
  • Third Bedroom: 13x15 Level: Below Grade
  • Third Bedroom Area: 195.000000
  • Above Grade Finished Sq Ft: 1056.00
  • ApplianceConvey: Dishwasher, Dryer, Range-Elec, Refrigerator, Washer
  • Has Attic: Walk-Up Stairs, Windows
  • Has Basement: Exterior Entrance, Full, Interior Entrance, Walkout
  • Flooring: Wood
  • Year Built Exception: 0
  • Fireplace: 1 Fireplace, Living Room
  • Formal Dining: 11x10 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 1
  • Interior Amenities: Main Level Bedroom, Pantry, Separate Dining Room
  • Dining Kitchen: 13x12 Level: Level 1 Above Grade
  • Laundry: Basement, Dryer Connection, Laundry Room, Washer Connections
  • Living Room: 16x13 Level: Level 1 Above Grade
  • Master Bedroom: 13x11 Level: Level 1 Above Grade
  • Porch: 15x8 Level: Level 1 Above Grade
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 156.000000
  • LivingRoom Area: 208.000000
  • 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

  • Lot Number: E
  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: Other

Garage/Parking

  • Garage Dim: 0.000 x 0.000

Utilities

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

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors
  • Subdivision Complex: Commercial Misc

Schools

  • School District: Lynchburg
  • School District: Lynchburg

Lot Info

  • Lot Sq Ft: 1301.00

Tax Info

  • Estimated Taxes: 1143

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2021
Closed on
Jun 25, 2021
Sold by
Stone Samuel David
Bought by
Allen William and Allen Samantha
Seller's Agent
Jon Gregory
Karl Miller Realty LLC
Buyer's Agent
Liz Pino
eXp Realty LLC-Stafford
List Price
$134,900
Sold Price
$133,500
Premium/Discount to List
-$1,400
-1.04%
Current Estimated Value
$185,582

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,082
Avg. Annual Appreciation
8.49%
Original Mortgage
$120,150
Outstanding Balance
$110,283
Interest Rate
2.96%
Mortgage Type
New Conventional
Estimated Equity
$76,359

Purchase Details

Listed on
Oct 2, 2018
Closed on
Nov 26, 2018
Sold by
Summit Investors Group Inc
Bought by
Stone Samuel David
Seller's Agent
Garrison Adams
Re/Max Lakefront Realty
Buyer's Agent
Garrison Adams
Re/Max Lakefront Realty
List Price
$119,000
Sold Price
$107,000
Premium/Discount to List
-$12,000
-10.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.88%
Original Mortgage
$103,790
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 17, 2018
Sold by
Neighbors David A
Bought by
Summit Investers Group Inc

Purchase Details

Closed on
May 4, 2006
Sold by
Hawkins Mary and Hawkins Morris
Bought by
Torbert Charles R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,500
Interest Rate
6.59%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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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
Allen William $133,500 None Available
Stone Samuel David $107,000 Fidelity National Title Insu
Summit Investers Group Inc -- None Available
Torbert Charles R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Allen William $120,150
Previous Owner Stone Samuel David $103,790
Previous Owner Torbert Charles R $65,000
Previous Owner Torbert Charles R $46,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2021 07/09/21 Sold $133,500 -1.0% $103 / Sq Ft
06/08/2021 06/08/21 Pending -- -- --
06/04/2021 06/04/21 For Sale $134,900 +26.1% $104 / Sq Ft
12/04/2018 12/04/18 Sold $107,000 -10.1% $86 / Sq Ft
11/14/2018 11/14/18 Pending -- -- --
10/02/2018 10/02/18 For Sale $119,000 -- $95 / 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 $1,193 $134,000 $79,500 $54,500
2023 $1,193 $134,000 $79,500 $54,500
2022 $1,319 $128,100 $79,500 $48,600
2021 $1,223 $128,100 $79,500 $48,600
2020 $1,143 $103,000 $78,700 $24,300
2019 $1,143 $103,000 $78,700 $24,300
2018 $1,114 $100,400 $78,700 $21,700
2017 $1,114 $100,400 $78,700 $21,700
2016 $1,114 $100,400 $78,700 $21,700
2015 $279 $100,400 $78,700 $21,700
2014 $279 $129,000 $78,700 $50,300
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    Jon Gregory

    Karl Miller Realty LLC

    (434) 477-4698

    3 in this area

    183 Total Sales

    Section Image

  • L

    Buyer's Agent in 2021

    Liz Pino

    eXp Realty LLC-Stafford

    Section Image
  • Garrison Adams

    Seller's Agent in 2018

    Garrison Adams

    Re/Max Lakefront Realty

    (540) 529-3107

    64 Total Sales

    Section Image
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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 331969

APN: 012-17-005

Virginia Lynchburg City County Lynchburg 24501 Westend

538 Oakley Ave, Lynchburg, VA

This home is located at 538 Oakley Ave, Lynchburg, VA 24501 since 04 June 2021 and is currently estimated at $181,348, approximately $139 per square foot. This property was built in 1940. 538 Oakley Ave is a home located in Lynchburg City with nearby schools including T.C. Miller Elementary School for Innovation, Paul Laurence Dunbar Mid. for Innov., and E.C. Glass High School.

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