NOT LISTED FOR SALE

704 Sherman Dr Lynchburg, VA 24502

Sandusky Neighborhood

Estimated Value: $294,000 - $309,000

4 Beds
2.5 Baths
2,444 Sq Ft
$123/Sq Ft Est. Value

Last Sold August 07, 2020

Last sale price $188,000 $77 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $1,824/month

2 Days on Market

Highlights

  • Second Kitchen
  • Wood Flooring
  • En-Suite Primary Bedroom
  • Ranch Style House
  • Storm Windows
  • Central Air

About This Home

As of August 2020

Beautiful Sandusky Ranch with separate one-bedroom basement apartment under 200k. The upper level has a large, freshly painted living and dining area with original hardwood flooring and huge windows for natural light. The bright and open kitchen is just off the main living space, making it easy to entertain. Three bedrooms, including the Master, are also to be found on the main level. As well as the full bath, there is a Jack n Jill' half bath between the master and the 3rd bedroom. Spend your evenings in the sunroom off the kitchen or enjoy the den with bar just below. The fully separate apartment would make a great Airbnb or guest lodging, complete with its own entrance, kitchen, bath, electric meter and parking space. The attached garage, concrete driveway, additional parking spaces and great lawns help make this a fantastic family home. Roof, central air and flooring are all newer.

Last Agent to Sell the Property

Gary McCullough

Lynchburg's Finest Team LLC License #0225236446 Listed on: 06/30/2020

Last Buyer's Agent

Jenny Burge

Alliance Realty Group License #0225094851

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,685

Year Built

  • Built in 1957

Lot Details

  • 0.34 Acre Lot

Home Design

  • Ranch Style House
  • Shingle Roof

Interior Spaces

  • 2,444 Sq Ft Home
  • Gas Log Fireplace
  • Scuttle Attic Hole
  • Dryer

Kitchen

  • Second Kitchen
  • Electric Range
  • Dishwasher

Flooring

  • Wood
  • Wood Under Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom

Finished Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Apartment Living Space in Basement
  • Laundry in Basement

Home Security

  • Storm Windows
  • Storm Doors

Parking

  • 1 Car Attached Garage
  • Basement Garage
  • Driveway

Schools

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

Utilities

  • Central Air
  • Window Unit Cooling System
  • Electric Baseboard Heater
  • Radiant Heating System
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 15811012

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,685

Year Built

Built in 1957

Lot Details

0

Listing Details

  • FILLACRES: 0.3360
  • Directions: From Timberlake Rd Turn Left On Sandusky Drive Turn Right To Stay On Sandusky Dr And Turn Right Onto Kanawha Rd. Turn Left Onto Sherman Drive, home is on the right.
  • ElementarySchool7: Sandusky Elem
  • HighSchool7: Heritage High
  • Internet Providers: Shentel
  • Lot Measurement: Acres
  • Lot Sq Ft: 14636.00
  • MiddleSchool7: Sandusky Midl
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 15811012
  • Year Built: 1957
  • FullBathBelowGrade: 1
  • Heating System: Electric Baseboard, Radiant
  • Building Stories: One
  • Dwelling Styles: Ranch
  • Officeden Len: 21.000
  • Officeden Wid: 14.000
  • Laundryroom Dim: 16.500 x 8.500
  • Laundryroom Len: 16.500
  • Living Room Dim: 24.000 x 13.500
  • Livingroom Len: 24.000
  • Livingroom Wid: 13.500
  • Masterbedroom Area: 169.000000
  • Master Bedroom Dim: 13.000 x 13.000
  • Masterbedroom Len: 13.000
  • Masterbedroom Wid: 13.000
  • Office Dim: 0.000 x 0.000
  • Other Room1 Area: 117.000000
  • Other Room1 Len: 13.000
  • Sun Room Len: 21.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 3.00
  • Bathrooms Display: 3 (2 1)
  • Lower Floor 1 Bedrooms: 4
  • Broker Approved: Yes
  • Legal Description: Sandusky Acres, BLK 11, LOT 12
  • Reciprocal Listing: No
  • Second Bedroom: 13x10 Level: Level 1 Above Grade
  • Second Bedroom Area: 130.000000
  • Third Bedroom: 10.90x9 Level: Level 1 Above Grade
  • Third Bedroom Area: 98.100000
  • Fourth Bedroom: 13x10 Level: Below Grade
  • Fourth Bedroom Area: 130.000000
  • Above Grade Finished Sq Ft: 1222.00
  • ApplianceConvey: Dishwasher, Dryer, Range-Elec, Refrigerator
  • Has Attic: Scuttle
  • Has Basement: Apartment, Exterior Entrance, Finished, Full, Garage, Heated
  • Flooring: Carpet Over Hardwood, Hardwood, Vinyl
  • Year Built Exception: 0
  • Den: 21x14 Level: Below Grade
  • Family Room: 18x12 Level: Below Grade
  • Fireplace: 1 Fireplace, Gas Log
  • Level 1 Full Bathrooms: 1
  • First Level Half Bathrooms: 1
  • Interior Amenities: Apartment, Main Level Bedroom, Master Bed w/ Bath, Pantry
  • Dining Kitchen: 13x10.50 Level: Level 1 Above Grade
  • Laundry: Basement
  • Laundry Room: 16.50x8.50 Level: Below Grade
  • Living Room: 24x13.50 Level: Level 1 Above Grade
  • Master Bedroom: 13x13 Level: Level 1 Above Grade
  • Other Room 1: 13x9 Level: Below Grade
  • Additional Room 1 Description: 2nd Kitchen
  • Sun Room: 21x12 Level: Level 1 Above Grade
  • Den Area: 294.000000
  • FamilyRoom Area: 216.000000
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 136.500000
  • Laundry Room Area: 140.250000
  • LivingRoom Area: 324.000000
  • Est Other Room1 Dim: 13.000 x 9.000
  • 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
  • Sun Room Area: 252.000000
  • Sunroom Dim: 21.000 x 12.000

Exterior Features

  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: Concrete Drive, Storm Windows, Storm Doors

Garage/Parking

  • Attached Garage: 1 Car
  • Garage Spaces: In Basement
  • Garage Area: 240.000000
  • Garage Dim: 20.000 x 12.000
  • GarageLen: 20.000
  • GarageWid: 12.000

Utilities

  • Utility Electric: AEP/Appalachian Powr
  • Air Conditioner: Central Electric, Window Unit(s)
  • Sewer: Septic Tank
  • Hot Water: City
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors

Schools

  • School District: Lynchburg
  • School District: Lynchburg

Lot Info

  • Lot Sq Ft: 2444.00

Tax Info

  • Estimated Taxes: 1685

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2020
Closed on
Jul 30, 2020
Sold by
Kirby Andrew M and Kirby Rebecca N
Bought by
Durden Nathanael A and Durden Kathryn
Seller's Agent
Gary McCullough
Lynchburg's Finest Team LLC
Buyer's Agent
Jenny Burge
Alliance Realty Group
List Price
$179,900
Sold Price
$188,000
Premium/Discount to List
$8,100
4.5%
Current Estimated Value
$301,419

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,419
Avg. Annual Appreciation
9.52%
Original Mortgage
$182,360
Outstanding Balance
$162,424
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$135,657

Purchase Details

Listed on
Sep 14, 2015
Closed on
Sep 23, 2016
Sold by
Delano Nellie T
Bought by
Kirby Andrew M and Kirby Rebecca N
Seller's Agent
Tammy Marsh
Long & Foster-Forest
Buyer's Agent
Tammy Marsh
Long & Foster-Forest
List Price
$143,900
Sold Price
$137,000
Premium/Discount to List
-$6,900
-4.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.57%
Original Mortgage
$134,518
Interest Rate
3.43%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 1, 2011
Sold by
Delano Grayson O and Delano Nellie T
Bought by
Delano Grayson O and Delano Nellie T

Purchase Details

Closed on
May 4, 2010
Sold by
Delano Grayson O and Delano Nellie T
Bought by
Delano Grayson O and Delano Nellie T

Purchase Details

Closed on
Apr 22, 2009
Sold by
The Estate Of Gloria Marsh Minnick
Bought by
Delano Grayson O and Delano Nellie T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Durden Nathanael A $188,000 Fidelity National Title
Kirby Andrew M $137,000 Commonwealth Land Title Insu
Delano Grayson O -- None Available
Delano Grayson O -- None Available
Delano Grayson O $152,500 Old Republic National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Durden Nathanael A $34,000
Open Durden Nathanael A $182,360
Previous Owner Kirby Andrew M $134,518
Previous Owner Delano Grayson O $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2020 08/07/20 Sold $188,000 +4.5% $77 / Sq Ft
07/02/2020 07/02/20 Pending -- -- --
06/30/2020 06/30/20 For Sale $179,900 +31.3% $74 / Sq Ft
09/30/2016 09/30/16 Sold $137,000 -4.8% $56 / Sq Ft
03/21/2016 03/21/16 Pending -- -- --
09/14/2015 09/14/15 For Sale $143,900 -- $59 / 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 $2,215 $248,900 $37,500 $211,400
2023 $2,215 $248,900 $37,500 $211,400
2022 $2,012 $195,300 $35,000 $160,300
2021 $2,168 $195,300 $35,000 $160,300
2020 $1,685 $151,800 $32,500 $119,300
2019 $1,685 $151,800 $32,500 $119,300
2018 $1,594 $143,600 $27,000 $116,600
2017 $1,594 $143,600 $27,000 $116,600
2016 $1,594 $143,600 $27,000 $116,600
2015 $1,594 $143,600 $27,000 $116,600
2014 $1,594 $151,000 $27,000 $124,000
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2020

    Gary McCullough

    Lynchburg's Finest Team LLC

    (434) 439-4211

    3 in this area

    154 Total Sales

    Gary McCullough
    Section Image

  • J

    Buyer's Agent in 2020

    Jenny Burge

    Alliance Realty Group

    (434) 660-0711

    3 in this area

    114 Total Sales

    Jenny Burge
    Section Image

  • T

    Seller's Agent in 2016

    Tammy Marsh

    Long & Foster-Forest

    (434) 258-8869

    1 in this area

    20 Total Sales

    Tammy Marsh
    Section Image
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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 325839

APN: 158-11-012

Virginia Lynchburg City County Lynchburg 24502 Sandusky

704 Sherman Dr, Lynchburg, VA

This home is located at 704 Sherman Dr, Lynchburg, VA 24502 since 30 June 2020 and is currently estimated at $301,419, approximately $123 per square foot. This property was built in 1957. 704 Sherman Dr is a home located in Lynchburg City with nearby schools including Sandusky Elementary School, Sandusky Middle School, and Heritage High School.

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