NOT LISTED FOR SALE

722 Elmwood Ave Lynchburg, VA 24503

Woodland Neighborhood

Estimated Value: $515,000 - $575,000

4 Beds
2.5 Baths
2,396 Sq Ft
$226/Sq Ft Est. Value

Last Sold February 27, 2024

Last sale price $459,900 $192 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $3,332/month

Highlights

  • Landscaped
  • Garage
  • 1-Story Property
  • Vinyl Plank Flooring

About This Home

As of February 2024

Entered for comp purposes only.

Last Agent to Sell the Property

Stacy Powell

Keller Williams License #0225225057 Listed on: 02/27/2024

Keller Williams

Last Buyer's Agent

Vivian Pogue

RE/MAX 1st Olympic License #0225047109

RE/MAX 1st Olympic

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,131

Year Built

  • Built in 2023

Lot Details

  • 9,017 Sq Ft Lot
  • Landscaped

Parking

  • Garage

Home Design

  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 2,396 Sq Ft Home
  • 1-Story Property
  • Vinyl Plank Flooring
  • Attic Access Panel
  • Washer and Dryer Hookup

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Schools

  • Bedford Hills Elementary School
  • Linkhorne Midl Middle School
  • E. C. Glass High School

Utilities

  • Heat Pump System
  • Electric Water Heater

Community Details

  • Blackwater Run Subdivision
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 00712030

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,131

Year Built

Built in 2023

Lot Details

0

Listing Details

  • Directions: Federal St. to Hollins Mill Rd. to left onto Bedford Ave. to left onto Magnolia St. to right onto Boston Ave. to left onto Elmwood Ave.
  • Days On Market: No
  • Prop. Type: Residential
  • Year Built: 2023
  • Garage Yn: Yes
  • Property Sub-Type: Single Family Residence
  • Subdivision Name: Blackwater Run
  • Above Grade Finished Sq Ft: 2396.00
  • Architectural Style: Other, See Remarks
  • Laundryroom Dim: 0.000 x 0.000
  • Office Dim: 0.000 x 0.000
  • Special Features: NewHome
  • 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: Slab
  • Flooring: Vinyl Plank
  • Formal Dining: 13x10 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 2
  • First Level Half Bathrooms: 1
  • Interior Amenities: Main Level Bedroom
  • Dining Kitchen: 12x13 Level: Level 1 Above Grade
  • Laundry: Dryer Connection, Washer Connections
  • Living Room: 17x20 Level: Level 1 Above Grade
  • Master Bedroom: 17x14 Level: Level 1 Above Grade
  • Appliances: Dishwasher, Microwave, Range-Elec, Refrigerator
  • Half Bathrooms: 1
  • Stories: One and One Half
  • Third Bedroom: 13x13 Level: Level 1 Above Grade
  • Fourth Bedroom: 16x21 Level: Level 1 Above Grade
  • Second Bedroom: 13x10 Level: Level 1 Above Grade
  • Room Bedroom3 Area: 169.000000
  • Room Master Bedroom Area: 238.000000
  • Room Bedroom4 Area: 336.000000
  • Room Kitchen Area: 156.000000
  • Room Living Room Area: 340.000000
  • Room Bedroom2 Area: 130.000000
  • MasterBedroomDimensions Dim: 17.000 x 14.000
  • Kitchen Dim: 12.000 x 13.000
  • Sunroom Dim: 0.000 x 0.000
  • Master Bedroom Master Bedroom Width: 14.000

Exterior Features

  • Lot Number: 29
  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: Landscaped

Garage/Parking

  • Garage Dim: 0.000 x 0.000

Utilities

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

Schools

  • Elementary School: Bedford Hills Elem
  • High School: E. C. Glass High
  • Middle School: Linkhorne Midl
  • Junior High Dist: Lynchburg

Lot Info

  • Acres: 0.2070
  • Lot Size Sq Ft: 9017.00
  • ResoLotSizeUnits: Acres
  • Parcel Number: 00712030
  • ResoLotSizeUnits: Acres

Rental Info

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

Tax Info

  • Estimated Taxes: 1131

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2024
Closed on
Feb 5, 2024
Sold by
Nbs Real Estate Llc
Bought by
Carter Zachary and Carter Lillian
Seller's Agent
Stacy Powell
Keller Williams
Buyer's Agent
Vivian Pogue
RE/MAX 1st Olympic
List Price
$459,900
Sold Price
$459,900
Views
4
Current Estimated Value
$538,503

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,603
Avg. Annual Appreciation
9.93%
Original Mortgage
$367,920
Outstanding Balance
$363,240
Interest Rate
6.66%
Mortgage Type
New Conventional
Estimated Equity
$164,334
Source: Public Records

Range of Values:

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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
Carter Zachary $459,900 Old Republic National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carter Zachary $367,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2024 02/27/24 Sold $459,900 0.0% $192 / Sq Ft
02/27/2024 02/27/24 Pending -- -- --
02/27/2024 02/27/24 For Sale $459,900 -- $192 / 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 $4,603 $517,200 $90,000 $427,200
2023 $1,131 $127,100 $90,000 $37,100
2022 $824 $80,000 $80,000 $0
2021 $0 $40,000 $40,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Stacy Powell

    Seller's Agent in 2024

    Stacy Powell

    Keller Williams

    (434) 444-1983

    3 in this area

    419 Total Sales

    Section Image
  • Vivian Pogue

    Buyer's Agent in 2024

    Vivian Pogue

    RE/MAX

    (434) 258-6655

    1 in this area

    24 Total Sales

    Section Image

  • V

    Buyer's Agent in 2024

    Vicky Pogue

    RE/MAX

    Section Image
See All Agents

Map

Source: Lynchburg Association of REALTORS®

MLS Number: 350755

APN: 007-12-030

Virginia Lynchburg City County Lynchburg 24503 Woodland

722 Elmwood Ave, Lynchburg, VA

This home is located at 722 Elmwood Ave, Lynchburg, VA 24503 since 27 February 2024 and is currently estimated at $541,048, approximately $225 per square foot. This property was built in 2023. 722 Elmwood Ave is a home located in Lynchburg City with nearby schools including Bedford Hills Elementary School, Linkhorne Middle School, and E.C. Glass High School.

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