NOT LISTED FOR SALE

7001 Richland Dr Lynchburg, VA 24502

Estimated Value: $252,000 - $296,000

3 Beds
2 Baths
1,940 Sq Ft
$145/Sq Ft Est. Value

Last Sold June 03, 2021

Last sale price $215,000 $111 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $1,670/month

6 Days on Market

Highlights

  • Ranch Style House
  • Mud Room
  • Outdoor Storage
  • Wood Flooring
  • Laundry Room
  • Ceiling Fan

About This Home

As of June 2021

Updated 3 bedroom 2 bath ranch off Timberlake Rd close to Liberty, Lynchburg College, Heritage High and Wards Rd. Sit on the front porch on those nice evenings! Head inside to hardwood floors and a wood burning fireplace in the living room. Move on to the large eat-in kitchen with new cabinets and flooring that will be perfect for everyone gathering around the table. Two bedrooms and a renovated bath are off to the right. Head to the left for the mudroom with its own entrance. A den is located off the mud room with the laundry room, full bath and another bedroom off the back of the den. This could be perfect for a master suite or a rented room. A storage building is outside at the back of the large lot perfect for kids, pets or entertaining. The home boasts replacement windows and the roof was replaced in 2018. This home will not last long so make your appointment to see it today!

Last Agent to Sell the Property

Jimmy Miller

John Stewart Walker, Inc License #0225201733 Listed on: 04/27/2021

Last Buyer's Agent

Darnell Martin

Red Door Realty LLC License #0225175679

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,395

Year Built

  • Built in 1951

Lot Details

  • 0.67 Acre Lot
  • Property is zoned R1

Home Design

  • Ranch Style House
  • Shingle Roof

Interior Spaces

  • 1,940 Sq Ft Home
  • Ceiling Fan
  • Wood Burning Fireplace
  • Mud Room
  • Crawl Space

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile
  • Vinyl Plank

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level

Attic

  • Attic Floors
  • Pull Down Stairs to Attic

Outdoor Features

  • Outdoor Storage

Schools

  • Heritage Elementary School
  • Sandusky Midl Middle School
  • Heritage High School

Utilities

  • Heat Pump System
  • Electric Water Heater
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Community Details

  • Richland Hills Subdivision

Listing and Financial Details

  • Assessor Parcel Number 24804026

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,395

Year Built

Built in 1951

Lot Details

0

Listing Details

  • FILLACRES: 0.6702
  • BuildingOnProperty: Storage Building
  • Directions: Timberlake Road to Richland Drive
  • ElementarySchool7: Heritage Elem
  • HighSchool7: Heritage High
  • Internet Providers: Comcast/Xfinity
  • Lot Measurement: Acres
  • Lot Sq Ft: 29194.00
  • MiddleSchool7: Sandusky Midl
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 24804026
  • Year Built: 1951
  • Heating System: Heat Pump
  • Building Stories: One
  • Dwelling Styles: Ranch
  • Officeden Len: 19.000
  • Officeden Wid: 11.000
  • Laundryroom Dim: 6.000 x 7.000
  • Laundryroom Len: 6.000
  • Living Room Dim: 18.000 x 12.000
  • Livingroom Len: 18.000
  • Livingroom Wid: 12.000
  • Masterbedroom Area: 144.000000
  • Master Bedroom Dim: 12.000 x 12.000
  • Masterbedroom Len: 12.000
  • Masterbedroom Wid: 12.000
  • Office Dim: 0.000 x 0.000
  • Other Room1 Area: 84.000000
  • Other Room1 Len: 12.000
  • 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: AUSTIN, LOT 102
  • Reciprocal Listing: No
  • Second Bedroom: 12x9 Level: Level 1 Above Grade
  • Second Bedroom Area: 108.000000
  • Third Bedroom: 13x13 Level: Level 1 Above Grade
  • Third Bedroom Area: 169.000000
  • Above Grade Finished Sq Ft: 1940.00
  • ApplianceConvey: Dishwasher, Microwave, Range-Elec, Refrigerator
  • Has Attic: Floored, Pull Down
  • Has Basement: Crawl Space
  • Flooring: Carpet, Ceramic Tile, Hardwood, Vinyl Plank
  • Year Built Exception: 0
  • Den: 19x11 Level: Level 1 Above Grade
  • Fireplace: 1 Fireplace, Wood Burning
  • Level 1 Full Bathrooms: 2
  • Interior Amenities: Cable Available, Cable Connections, Ceiling Fan(s), High Speed Data Aval, Main Level Bedroom
  • Dining Kitchen: 14x17 Level: Level 1 Above Grade
  • Laundry: Laundry Room, Main Level
  • Laundry Room: 6x7 Level: Level 1 Above Grade
  • Living Room: 18x12 Level: Level 1 Above Grade
  • Master Bedroom: 12x12 Level: Level 1 Above Grade
  • Other Room 1: 12x7 Level: Level 1 Above Grade
  • Additional Room 1 Description: Mud Room
  • Den Area: 209.000000
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 238.000000
  • Laundry Room Area: 42.000000
  • LivingRoom Area: 216.000000
  • Est Other Room1 Dim: 12.000 x 7.000
  • 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: 1-2
  • 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: Septic Tank
  • Hot Water: City
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors
  • Subdivision Complex: Richland Hills

Schools

  • School District: Lynchburg
  • School District: Lynchburg

Lot Info

  • Lot Sq Ft: 1940.00
  • Zoning: R1

Tax Info

  • Estimated Taxes: 1395

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2021
Closed on
Jun 2, 2021
Sold by
Hendricks Derick N and Hendricks Kelly
Bought by
Nash Carrie E
Seller's Agent
Jimmy Miller
John Stewart Walker, Inc
Buyer's Agent
Darnell Martin
Red Door Realty LLC
List Price
$179,900
Sold Price
$215,000
Premium/Discount to List
$35,100
19.51%
Current Estimated Value
$280,686

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,686
Avg. Annual Appreciation
6.62%
Original Mortgage
$160,000
Outstanding Balance
$146,428
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$135,716

Purchase Details

Closed on
Oct 13, 2005
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Hendricks Derick N and Farris Kelly A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,500
Interest Rate
4.77%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 21, 2005
Sold by
Mayberry Ronnie D and Mayberry Amanda L
Bought by
Federal Home Loan Mortgage Corporation
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
Nash Carrie E $215,000 Absolute Title
Hendricks Derick N $95,500 None Available
Federal Home Loan Mortgage Corporation $92,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nash Carrie E $160,000
Previous Owner Hendricks Derick N $95,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2021 06/03/21 Sold $215,000 +19.5% $111 / Sq Ft
05/03/2021 05/03/21 Pending -- -- --
04/27/2021 04/27/21 For Sale $179,900 -- $93 / 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 $1,695 $190,500 $38,000 $152,500
2023 $1,695 $190,500 $38,000 $152,500
2022 $1,294 $125,600 $32,000 $93,600
2021 $1,394 $125,600 $32,000 $93,600
2020 $1,395 $125,700 $30,000 $95,700
2019 $1,395 $125,700 $30,000 $95,700
2018 $1,362 $122,700 $27,000 $95,700
2017 $1,362 $122,700 $27,000 $95,700
2016 $1,362 $122,700 $25,000 $97,700
2015 $1,362 $122,700 $25,000 $97,700
2014 $1,362 $122,700 $25,000 $97,700
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    Jimmy Miller

    John Stewart Walker, Inc

    Section Image

  • D

    Buyer's Agent in 2021

    Darnell Martin

    Red Door Realty LLC

    Section Image
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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 331163

APN: 248-04-026

Virginia Lynchburg City County Lynchburg 24502

7001 Richland Dr, Lynchburg, VA

This home is located at 7001 Richland Dr, Lynchburg, VA 24502 since 27 April 2021 and is currently estimated at $280,686, approximately $144 per square foot. This property was built in 1951. 7001 Richland Dr is a home located in Lynchburg City with nearby schools including Heritage Elementary School, Sandusky Middle School, and Heritage High School.

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