Seller's Agent in 2016
Nadine Blakely
RE/MAX
(434) 444-2226
1 in this area
403 Total Sales
7119 Peachtree Rd Lynchburg, VA 24502
Richland Hills NeighborhoodEstimated Value: $244,000 - $307,601
4
Beds
2
Baths
2,388
Sq Ft
$117/Sq Ft
Est. Value
Highlights
- Ranch Style House
- Fireplace
- Landscaped
- Wood Flooring
- Garden
- Forced Air Heating and Cooling System
About This Home
As of September 2016First time on the market for many decades, this beautiful brick ranch has been in the same family for 50 years! So much love, and memories, but it's ready for new owners. You'll love the floor plan with large living room boasting lovely fireplace and lots of natural light. Spacious kitchen with breakfast area, washer/dryer area too. Three bedrooms on main level, and bedroom on lower level too. Lower level could easily be used for teens, or apartment to rent with bedroom, family room, full bath, and kitchenette, exterior entrance, and entrance from kitchen area. Basement features huge storage room too. Carport converted to cozy sunroom but front doors of sunroom can be removed and return to carport for parking. Parking is abundant at this home w/ a double concrete driveway from the street! Priced under tax assessment, this home has lots of hardwoods (under carpet), needs updating but won't last at this price offering so much value with finished basement, and lovely back yard too!
Last Agent to Sell the Property
Re/Max 1st Olympic License #0225103715 Listed on: 07/15/2016
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,516
Year Built
- Built in 1954
Lot Details
- 0.48 Acre Lot
- Landscaped
- Garden
- Property is zoned R1
Parking
- Driveway
Home Design
- Ranch Style House
- Shingle Roof
Interior Spaces
- 2,388 Sq Ft Home
- Fireplace
- Electric Range
- Washer and Dryer Hookup
Flooring
- Wood
- Wood Under Carpet
- Carpet
- Travertine
Bedrooms and Bathrooms
- 4 Bedrooms
Finished Basement
- Heated Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Interior and Exterior Basement Entry
Schools
- Heritage Elementary School
- Sandusky Midl Middle School
- Heritage High School
Utilities
- Forced Air Heating and Cooling System
- Electric Water Heater
- Cable TV Available
Community Details
- Richland Hills Subdivision
Listing and Financial Details
- Assessor Parcel Number 24415009
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 15, 2016
Closed on
Sep 14, 2016
Sold by
Mcfarland Rafael J and Mcfarland Hannah R
Bought by
Mullins Jonathan S and Mullins Rachel L
Seller's Agent
Nadine Blakely
Re/Max 1st Olympic
Buyer's Agent
Kelly Mann
Lynchburg's Finest Team LLC
List Price
$129,900
Sold Price
$131,000
Premium/Discount to List
$1,100
0.85%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,150
Avg. Annual Appreciation
7.48%
Original Mortgage
$128,627
Interest Rate
3.5%
Mortgage Type
FHA
Purchase Details
Closed on
Nov 13, 2013
Sold by
Reynolds C Cecil I and Reynolds Glass Rebecca G
Bought by
Mcfarland Rafael J and Mcfarland Hannah R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,188
Interest Rate
3.87%
Mortgage Type
FHA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mullins Jonathan S | $131,000 | Fidelity National Title Insu | |
| Mcfarland Rafael J | $100,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mullins Jonathan S | $150,522 | |
| Closed | Mullins Jonathan S | $152,650 | |
| Closed | Mullins Jonathan S | $128,627 | |
| Previous Owner | Mcfarland Rafael J | $98,188 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/16/2016 09/16/16 | Sold | $131,000 | +0.8% | $55 / Sq Ft |
| 09/15/2016 09/15/16 | Pending | -- | -- | -- |
| 07/15/2016 07/15/16 | For Sale | $129,900 | -- | $54 / Sq Ft |
Source: Lynchburg Association of REALTORS®
Tax History Compared to Growth
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 | $1,672 | $187,900 | $38,000 | $149,900 |
| 2023 | $1,672 | $187,900 | $38,000 | $149,900 |
| 2022 | $1,453 | $141,100 | $32,000 | $109,100 |
| 2021 | $1,566 | $141,100 | $32,000 | $109,100 |
| 2020 | $1,476 | $133,000 | $30,000 | $103,000 |
| 2019 | $1,476 | $133,000 | $30,000 | $103,000 |
| 2018 | $1,474 | $129,000 | $27,000 | $102,000 |
| 2017 | $1,432 | $129,000 | $27,000 | $102,000 |
| 2016 | $1,515 | $136,500 | $27,000 | $109,500 |
| 2015 | $1,515 | $136,500 | $27,000 | $109,500 |
| 2014 | $1,515 | $146,000 | $27,000 | $119,000 |
Source: Public Records
Agents Affiliated with this Home
-
Nadine Blakely
-
Kelly Mann
K
Buyer's Agent in 2016
Kelly Mann
Lynchburg's Finest Team LLC
(434) 944-2371
117 Total Sales
Map
Source: Lynchburg Association of REALTORS®
MLS Number: 299982
APN: 244-15-009
Nearby Homes
- 7121 Peachtree Rd
- 7117 Peachtree Rd
- 7123 Peachtree Rd
- 7115 Peachtree Rd
- 7120 Peachtree Rd
- 7116 Richland Dr
- 7118 Peachtree Rd
- 7118 Richland Dr
- 7116 Peachtree Rd
- 7125 Peachtree Rd
- 7113 Peachtree Rd
- 7120 Richland Dr
- 7114 Peachtree Rd
- 7122 Peachtree Rd
- 7114 Richland Dr
- 7112 Peachtree Rd
- 7122 Richland Dr
- 7127 Peachtree Rd
- 7124 Peachtree Rd
- 7111 Peachtree Rd