NOT LISTED FOR SALE

56 Russell Springs Dr Lynchburg, VA 24501

Estimated Value: $282,046 - $349,000

3 Beds
2 Baths
1,320 Sq Ft
$238/Sq Ft Est. Value

Last Sold June 28, 2019

Last sale price $180,000 $136 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $1,732/month

88 Days on Market

Highlights

  • Ranch Style House
  • En-Suite Primary Bedroom
  • Landscaped
  • Formal Dining Room
  • Garden
  • Ceiling Fan

About This Home

As of June 2019

Wonderful one-level home in Russell Springs. Perfect for those wanting to downsize from a larger home or desiring easy living without the stairs. Great alternative to a town home- have your own yard for pets or play, hire someone to cut the lawn and maintain your privacy! 3 good sized bedrooms, 2 full baths, hall laundry closet all on the left side of the home. Large living room with fireplace expands into a dining/eating area adjacent to the user-friendly kitchen. Hall linen and coat closets. Central air and heat via heat pump. Just minutes to Route 29 for easy access to Wards Road and/or Candlers Mtn. Low maintenance vinyl siding, paved drive & more waiting for you!

Last Agent to Sell the Property

Robert Dawson

BHHS Dawson Ford Garbee License #0225036912 Listed on: 03/04/2019

BHHS Dawson Ford Garbee

Last Buyer's Agent

Josh Redmond

Mark A. Dalton & Co., Inc. License #0225200760

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $918

Year Built

  • Built in 2004

Lot Details

  • 0.35 Acre Lot
  • Landscaped
  • Garden

Parking

  • 1 Car Attached Garage

Home Design

  • Ranch Style House
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 1,320 Sq Ft Home
  • Ceiling Fan
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Storm Doors

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Attic

  • Storage In Attic
  • Attic Access Panel

Schools

  • Yellow Branch Elementary School
  • Rustburg Midl Middle School
  • Rustburg High School

Utilities

  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Russell Springs Subdivision

Listing and Financial Details

  • Assessor Parcel Number 22G13

Home Details

Home Type

Single Family

Est. Annual Taxes

$918

Year Built

Built in 2004

Lot Details

0

Listing Details

  • FILLACRES: 0.3500
  • Directions: Wards Road South to left on English Tavern Road to left into Russell Springs to home on left with sign.
  • ElementarySchool4: Yellow Branch Elem
  • HighSchool4: Rustburg High
  • Internet Providers: Shentel
  • Lot Measurement: Acres
  • Lot Sq Ft: 15246.00
  • MiddleSchool4: Rustburg Midl
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 22G13
  • Year Built: 2004
  • Heating System: Heat Pump
  • Building Stories: One
  • Dwelling Styles: Ranch
  • Laundryroom Dim: 6.000 x 3.000
  • Laundryroom Len: 6.000
  • Living Room Dim: 17.000 x 17.000
  • Livingroom Len: 17.000
  • Livingroom Wid: 17.000
  • 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: 2.00
  • Bathrooms Display: 2 (2 0)
  • Lower Floor 1 Bedrooms: 3
  • Broker Approved: Yes
  • Legal Description: Russell Springs Lot 3 Section 1
  • Reciprocal Listing: No
  • Second Bedroom: 11x10 Level: Level 1 Above Grade
  • Second Bedroom Area: 110.000000
  • Third Bedroom: 10x10 Level: Level 1 Above Grade
  • Third Bedroom Area: 100.000000
  • Above Grade Finished Sq Ft: 1320.00
  • ApplianceConvey: Dishwasher, Microwave, Range-Elec
  • Has Attic: Access, Storage Only
  • Has Basement: Slab
  • Flooring: Carpet, Laminate, Vinyl
  • Year Built Exception: 0
  • Fireplace: 1 Fireplace, Gas Log, Living Room
  • Formal Dining: 13x13 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 2
  • Interior Amenities: Cable Available, Cable Connections, Ceiling Fan(s), Drywall, Main Level Bedroom, Master Bed w/ Bath, Separate Dining Room
  • Dining Kitchen: 13x10 Level: Level 1 Above Grade
  • Laundry: Dryer Connection, Laundry Closet, Main Level, Washer Connections
  • Laundry Room: 6x3 Level: Level 1 Above Grade
  • Living Room: 17x17 Level: Level 1 Above Grade
  • Master Bedroom: 13x12 Level: Level 1 Above Grade
  • Porch: 6x4 Level: Level 1 Above Grade
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 130.000000
  • Laundry Room Area: 18.000000
  • LivingRoom Area: 289.000000
  • 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: Lot 3
  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: Paved Drive, Garden Space, Landscaped, Storm Doors, Insulated Glass

Garage/Parking

  • Attached Garage: 1 Car
  • Garage Area: 315.000000
  • Garage Dim: 21.000 x 15.000
  • GarageLen: 21.000
  • GarageWid: 15.000

Utilities

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

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors
  • Subdivision Complex: Russell Springs

Schools

  • School District: Campbell

Lot Info

  • Lot Sq Ft: 1320.00
  • Zoning: R-1

Tax Info

  • Estimated Taxes: 918

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2019
Closed on
Jun 20, 2019
Sold by
Peterson James B and Peterson Sara J
Bought by
Brown Clara Ann
Seller's Agent
Robert Dawson
BHHS Dawson Ford Garbee
Buyer's Agent
Josh Redmond
Mark A. Dalton & Co., Inc.
List Price
$189,900
Sold Price
$180,000
Premium/Discount to List
-$9,900
-5.21%
Current Estimated Value
$314,262

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,262
Avg. Annual Appreciation
8.98%
Original Mortgage
$130,000
Outstanding Balance
$114,070
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$200,192

Purchase Details

Listed on
Sep 23, 2013
Closed on
Nov 7, 2013
Sold by
New Robert B
Bought by
Peterson James B
Seller's Agent
Jeff Myers
Blanks Properties, Inc.
Buyer's Agent
Robert Dawson
BHHS Dawson Ford Garbee
List Price
$169,900
Sold Price
$163,500
Premium/Discount to List
-$6,400
-3.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.73%
Original Mortgage
$130,800
Interest Rate
4.36%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Brown Clara Ann $180,000 Reliance Title & Stlmnt Llc
Peterson James B $163,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Clara Ann $130,000
Previous Owner Peterson James B $130,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/28/2019 06/28/19 Sold $180,000 -5.2% $136 / Sq Ft
05/31/2019 05/31/19 Pending -- -- --
03/04/2019 03/04/19 For Sale $189,900 +16.1% $144 / Sq Ft
11/25/2013 11/25/13 Sold $163,500 -3.8% $124 / Sq Ft View Prior Sale
11/22/2013 11/22/13 Pending -- -- --
09/23/2013 09/23/13 For Sale $169,900 -- $129 / 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 $952 $211,600 $40,000 $171,600
2024 $952 $211,600 $40,000 $171,600
2023 $952 $211,600 $40,000 $171,600
2022 $779 $149,900 $36,000 $113,900
2021 $779 $149,900 $36,000 $113,900
2020 $29 $149,900 $36,000 $113,900
2019 $779 $149,900 $36,000 $113,900
2018 $814 $156,600 $36,000 $120,600
2017 $814 $156,600 $36,000 $120,600
2016 $814 $156,600 $36,000 $120,600
2015 -- $156,600 $36,000 $120,600
2014 -- $151,300 $36,000 $115,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 316989

APN: 022G-01000-003-0