NOT LISTED FOR SALE

7120 Peachtree Rd Lynchburg, VA 24502

Richland Hills Neighborhood

Estimated Value: $318,000 - $343,853

4 Beds
2.5 Baths
2,500 Sq Ft
$130/Sq Ft Est. Value

Last Sold June 18, 2024

Last sale price $330,000 $132 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $1,993/month

11 Days on Market

Highlights

  • Bonus Room
  • Walk-In Closet
  • Landscaped
  • Fireplace
  • Garden
  • Vinyl Plank Flooring

About This Home

As of June 2024

Welcome to your dream home in the heart of Lynchburg! This newly remodeled brick ranch-style residence boasts 4 bedrooms, 2.5 bathrooms, and upscale vinyl plank flooring throughout. With a full finished basement, there's ample space for entertainment and relaxation. Situated on a flat corner lot, the property is adorned with beautiful trees, offering both privacy and natural charm. Updates include a new roof, new HVAC, new windows, remodeled kitchen and bathrooms just to name a few! Discover the perfect blend of comfort and elegance in this inviting home. Ready to move in. Call 7120 Peachtree Rd. your new home today.

Last Agent to Sell the Property

Stacy Powell

Keller Williams License #0225225057 Listed on: 05/09/2024

Keller Williams

Last Buyer's Agent

Zena King

Keeton & Co Real Estate License #0225237204

Keeton & Co Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,463

Year Built

  • Built in 1958

Lot Details

  • 0.62 Acre Lot
  • Landscaped
  • Garden

Home Design

  • Shingle Roof

Interior Spaces

  • 2,500 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Bonus Room
  • Vinyl Plank Flooring
  • Attic Access Panel
  • Fire and Smoke Detector
  • Washer and Dryer Hookup

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • Walk-In Closet
  • Bathtub Includes Tile Surround

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Sump Pump

Schools

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

Utilities

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

Community Details

  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 24413021

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,463

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Directions: Timberlake to Richland Dr. to right onto Peachtree Dr.
  • Days On Market: No
  • Prop. Type: Residential
  • Year Built: 1958
  • FullBathBelowGrade: 1
  • Garage Yn: No
  • Property Sub-Type: Single Family Residence
  • Above Grade Finished Sq Ft: 1250.00
  • Architectural Style: Ranch
  • Laundryroom Dim: 10.700 x 11.700
  • Office Dim: 0.000 x 0.000
  • Laundryroom Len: 10.700
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 3.00
  • Bathrooms Display: 3 (2 1)
  • Broker Approved: Yes
  • Reciprocal Listing: No
  • Has Attic: Access
  • Has Basement: Finished, Full, Heated, Sump Pump, Walkout
  • Flooring: Vinyl Plank
  • Formal Dining: 9.60x11.40 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 1
  • Great Room: 19.80x11.60 Level: Below Grade
  • First Level Half Bathrooms: 1
  • Interior Amenities: Cable Available, Main Level Bedroom, Primary Bed w/Bath, Smoke Alarm, Tile Bath(s), Walk-In Closet(s)
  • Dining Kitchen: 10.10x11.40 Level: Level 1 Above Grade
  • Laundry: Dryer Connection, Washer Connections
  • Laundry Room: 10.70x11.70 Level: Below Grade
  • Living Room: 19.10x13.60 Level: Level 1 Above Grade
  • Master Bedroom: 15.70x11.80 Level: Level 1 Above Grade
  • Other Room 1: 9.11x11.70 Level: Below Grade
  • Other Room 2: 7.20x11.50 Level: Below Grade
  • Other Room 3: 9.50x11.90 Level: Below Grade
  • Additional Room 1 Description: Bonus Room
  • Additional Room 2 Description: Electrical Room
  • Additional Room 3 Description: Hall Room
  • Appliances: Cooktop, Dishwasher, Disposal, Microwave, Range-Elec, Refrigerator
  • Half Bathrooms: 1
  • Fireplace: 1 Fireplace
  • Stories: One
  • Third Bedroom: 10.40x11.80 Level: Level 1 Above Grade
  • Fourth Bedroom: 17.10x11.70 Level: Below Grade
  • Second Bedroom: 12x11.40 Level: Level 1 Above Grade
  • Room Bedroom3 Area: 122.720000
  • Room Master Bedroom Area: 185.260000
  • Room Bedroom4 Area: 200.070000
  • GreatRoom Area: 229.680000
  • Room Kitchen Area: 115.140000
  • Room Living Room Area: 259.760000
  • Room Bedroom2 Area: 136.800000
  • MasterBedroomDimensions Dim: 15.700 x 11.800
  • Kitchen Dim: 10.100 x 11.400
  • Sunroom Dim: 0.000 x 0.000
  • Master Bedroom Master Bedroom Width: 11.800

Exterior Features

  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: Paved Drive, Garden Space, Landscaped

Garage/Parking

  • Garage Dim: 0.000 x 0.000

Utilities

  • Cooling: Heat Pump
  • Sewer: Septic Tank
  • Water Heater: Electric
  • Heating: Heat Pump
  • Water Source: City

Schools

  • Elementary School: Heritage Elem
  • High School: Heritage High
  • Middle School: Sandusky Midl
  • Junior High Dist: Lynchburg

Lot Info

  • Zoning: R-1
  • Acres: 0.6200
  • Lot Size Sq Ft: 27007.00
  • ResoLotSizeUnits: Acres
  • Parcel Number: 24413021
  • ResoLotSizeUnits: Acres

Rental Info

  • Sub Lease: No
  • Sub Lease Expiration Date: 1800-01-01T00:00:00.001-05:00

Tax Info

  • Estimated Taxes: 1463

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2024
Closed on
Jun 17, 2024
Sold by
Gonska Group Llc
Bought by
Dewitt Brandon Lee and Dewitt Elisabeth Rae
Seller's Agent
Stacy Powell
Keller Williams
Buyer's Agent
Zena King
Keeton & Co Real Estate
List Price
$328,900
Sold Price
$330,000
Premium/Discount to List
$1,100
0.33%
Views
78
Current Estimated Value
$326,213

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,787
Avg. Annual Appreciation
-1.02%
Original Mortgage
$315,425
Outstanding Balance
$313,084
Interest Rate
7.09%
Mortgage Type
FHA
Estimated Equity
$13,129

Purchase Details

Closed on
Jun 29, 2023
Sold by
Martin Randy W and Crawford Kenneth J
Bought by
Gonska Group Llc
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
Dewitt Brandon Lee $330,000 Chicago National Title
Gonska Group Llc $69,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dewitt Brandon Lee $315,425
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/18/2024 06/18/24 Sold $330,000 +0.3% $132 / Sq Ft
05/21/2024 05/21/24 Pending -- -- --
05/09/2024 05/09/24 For Sale $328,900 -- $132 / 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 $2,307 $259,200 $38,000 $221,200
2023 $386 $173,400 $38,000 $135,400
2022 $1,463 $131,800 $32,000 $99,800
2021 $1,463 $131,800 $32,000 $99,800
2020 $1,542 $138,900 $30,000 $108,900
2019 $1,542 $138,900 $30,000 $108,900
2018 $1,487 $134,000 $27,000 $107,000
2017 $1,487 $134,000 $27,000 $107,000
2016 $1,487 $134,000 $27,000 $107,000
2015 $1,487 $134,000 $27,000 $107,000
2014 $1,487 $143,300 $27,000 $116,300
Source: Public Records

Agents Affiliated with this Home

  • Stacy Powell

    Seller's Agent in 2024

    Stacy Powell

    Keller Williams

    (434) 444-1983

    1 in this area

    422 Total Sales

    Section Image

  • Z

    Buyer's Agent in 2024

    Zena King

    Keeton & Co Real Estate

    (434) 509-8860

    1 in this area

    48 Total Sales

    Section Image
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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 352122

APN: 244-13-021

Virginia Lynchburg City County Lynchburg 24502 Richland Hills

7120 Peachtree Rd, Lynchburg, VA

This home is located at 7120 Peachtree Rd, Lynchburg, VA 24502 since 09 May 2024 and is currently estimated at $326,213, approximately $130 per square foot. This property was built in 1958. 7120 Peachtree Rd is a home located in Lynchburg City with nearby schools including Heritage Elementary School, Sandusky Middle School, and Heritage High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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