NOT LISTED FOR SALE

7221 Richland Dr Lynchburg, VA 24502

Richland Hills Neighborhood

Estimated Value: $290,000 - $336,000

4 Beds
3 Baths
3,032 Sq Ft
$103/Sq Ft Est. Value

Last Sold July 15, 2021

Last sale price $250,000 $82 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $1,869/month

64 Days on Market

Highlights

  • Creek or Stream View
  • Ranch Style House
  • Workshop
  • Multiple Fireplaces
  • Wood Flooring
  • Screened Porch

About This Home

As of July 2021

Come see this immaculately well kept home in the convenient neighborhood of Richland Hills! Located right off of 501 & Timberlake Road, this property is super easy access to all things Lynchburg as well as Heritage High School. Despite is nearly perfect location, one does not have to sacrifice privacy! The home is located at the end of a cul-de-sac! The owner has certainly poured his heart & soul into the home as it is a labor of love! New hardwood floors, tile in the kitchen & in all 3 bathrooms, new carpet throughout the basement. The home had a new roof put on in 2016 & is still under warranty (for life!) The Kguard gutters also have a lifetime warranty. The HVAC also comes with a 10 year warranty and was recently updated.

Last Agent to Sell the Property

Salina Khanna

T.Y. Realty Incorporated License #0225226612 Listed on: 03/19/2021

Last Buyer's Agent

Schyler Higgins

Cornerstone Realty Group Inc. License #0225225837

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,723

Year Built

  • Built in 1958

Lot Details

  • 1.9 Acre Lot
  • Landscaped

Home Design

  • Ranch Style House
  • Shingle Roof

Interior Spaces

  • 3,032 Sq Ft Home
  • Paneling
  • Ceiling Fan
  • Multiple Fireplaces
  • Wood Burning Fireplace
  • Screen For Fireplace
  • Gas Log Fireplace
  • Drapes & Rods
  • Formal Dining Room
  • Workshop
  • Screened Porch
  • Creek or Stream Views
  • Washer and Dryer Hookup

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • Bathtub Includes Tile Surround

Attic

  • Attic Fan
  • Attic Access Panel

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Fireplace in Basement
  • Workshop

Home Security

  • Storm Windows
  • Storm Doors
  • Fire and Smoke Detector

Parking

  • 2 Carport Spaces
  • Driveway

Outdoor Features

  • Separate Outdoor Workshop
  • Outdoor Storage

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Electric Water Heater
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 24801003

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,723

Year Built

Built in 1958

Lot Details

0

Listing Details

  • FILLACRES: 1.8980
  • BuildingOnProperty: Storage Building, Workshop
  • Directions: After taking the exit onto US-460 BUS W/Timberlake Road towards Leesville Road, Turn right onto Richland Drive. Stay on Richland Drive for .8 Miles, home will be on the left.
  • ElementarySchool7: Heritage Elem
  • HighSchool7: Heritage High
  • Internet Providers: Satellite, Verizon, Comcast/Xfinity
  • Lot Measurement: Acres
  • Lot Sq Ft: 82677.00
  • MiddleSchool7: Sandusky Midl
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 24801003
  • Year Built: 1958
  • FullBathBelowGrade: 1
  • Heating System: Forced Warm Air-Elec
  • Building Stories: One
  • Dwelling Styles: Ranch
  • Officeden Len: 30.000
  • Officeden Wid: 16.000
  • Foyer Area: 48.000000
  • Laundryroom Dim: 12.000 x 10.000
  • Laundryroom Len: 12.000
  • Living Room Dim: 18.000 x 12.000
  • Livingroom Len: 18.000
  • Livingroom Wid: 12.000
  • Masterbedroom Area: 165.000000
  • Master Bedroom Dim: 15.000 x 11.000
  • Masterbedroom Len: 15.000
  • Masterbedroom Wid: 11.000
  • Office Dim: 0.000 x 0.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 3.00
  • Bathrooms Display: 3 (3 0)
  • Lower Floor 1 Bedrooms: 4
  • Broker Approved: Yes
  • Legal Description: Richland Hills, Sec 5, Lot 12
  • Reciprocal Listing: No
  • Second Bedroom: 12x11 Level: Level 1 Above Grade
  • Second Bedroom Area: 132.000000
  • Third Bedroom: 10x10 Level: Level 1 Above Grade
  • Third Bedroom Area: 100.000000
  • Fourth Bedroom: 13x12 Level: Level 1 Above Grade
  • Fourth Bedroom Area: 156.000000
  • Above Grade Finished Sq Ft: 2139.00
  • ApplianceConvey: Cooktop, Dishwasher, Humidifier, Microwave, Range-Elec, Refrigerator
  • Has Attic: Access
  • Has Basement: Exterior Entrance, Finished, Fireplace, Full, Heated, Interior Entrance, Partitioned, Walkout, Workshop
  • Flooring: Carpet, Hardwood, Tile
  • Year Built Exception: 0
  • Den: 30x16 Level: Below Grade
  • Fireplace: 2 Fireplaces, Gas Log, Screen, Wood Burning
  • Formal Dining: 12x10 Level: Level 1 Above Grade
  • Foyer: 12x4 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 2
  • Interior Amenities: Cable Available, Ceiling Fan(s), Drapes, Drywall, Main Level Bedroom, Master Bed w/ Bath, Paneling, Separate Dining Room, Smoke Alarm, Tile Bath(s), Workshop
  • Dining Kitchen: 12x9 Level: Level 1 Above Grade
  • Laundry: Dryer Connection, Washer Connections
  • Laundry Room: 12x10 Level: Below Grade
  • Living Room: 18x12 Level: Level 1 Above Grade
  • Master Bedroom: 15x11 Level: Level 1 Above Grade
  • Porch: 10x2 Level: Level 1 Above Grade
  • Screened Porch: 26x6 Level: Level 1 Above Grade
  • Den Area: 480.000000
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 108.000000
  • Laundry Room Area: 120.000000
  • LivingRoom Area: 216.000000
  • Est Other Room1 Dim: 0.000 x 0.000
  • 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

  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: Concrete Drive, Landscaped, Screened Porch, Storm Windows, Storm Doors, Insulated Glass, Satellite Dish, Stream/Creek

Garage/Parking

  • Carport: 26x11 Level: Level 1 Above Grade
  • CarportParking: 2 Car
  • Garage Dim: 0.000 x 0.000

Utilities

  • Utility Electric: AEP/Appalachian Powr
  • Air Conditioner: Attic Fan, Central Electric
  • Sewer: City
  • 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: 3032.00

Tax Info

  • Estimated Taxes: 1723

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 9, 2007
Sold by
Vanderdoes Arthur S and Vanderdoes Mayme N
Bought by
Malik Farah
Current Estimated Value
$312,919

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,500
Interest Rate
8.75%
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
Malik Farah -- Reliance Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Malik Farah $131,000
Closed Malik Farah $130,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2021 07/15/21 Sold $250,000 -3.5% $82 / Sq Ft
05/22/2021 05/22/21 Pending -- -- --
03/19/2021 03/19/21 For Sale $259,000 -- $85 / 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 $2,129 $239,200 $41,800 $197,400
2023 $2,129 $239,200 $41,800 $197,400
2022 $1,637 $158,900 $35,200 $123,700
2021 $1,764 $158,900 $35,200 $123,700
2020 $1,723 $155,200 $33,000 $122,200
2019 $1,723 $155,200 $33,000 $122,200
2018 $1,664 $150,700 $29,700 $121,000
2017 $1,673 $150,700 $29,700 $121,000
2016 $1,656 $149,200 $29,700 $119,500
2015 $1,656 $149,200 $29,700 $119,500
2014 $1,656 $159,600 $29,700 $129,900
Source: Public Records

Agents Affiliated with this Home

  • Salina Khanna

    Seller's Agent in 2021

    Salina Khanna

    T.Y. Realty Incorporated

    (434) 401-1255

    1 in this area

    95 Total Sales

    Salina Khanna
    Section Image
  • Schyler Higgins

    Buyer's Agent in 2021

    Schyler Higgins

    Cornerstone Realty Group Inc.

    (434) 485-9527

    1 in this area

    438 Total Sales

    Schyler Higgins
    Section Image
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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 330351

APN: 248-01-003

Virginia Lynchburg City County Lynchburg 24502 Richland Hills

7221 Richland Dr, Lynchburg, VA

This home is located at 7221 Richland Dr, Lynchburg, VA 24502 since 19 March 2021 and is currently estimated at $312,919, approximately $103 per square foot. This property was built in 1958. 7221 Richland Dr 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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