NOT LISTED FOR SALE

7022 Village Hwy Lynchburg, VA 24504

Estimated Value: $218,000 - $246,511

3 Beds
2 Baths
1,792 Sq Ft
$131/Sq Ft Est. Value

Last Sold June 16, 2017

Last sale price $108,000 $60 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $1,355/month

117 Days on Market

Highlights

  • Mountain View
  • Walk-In Closet
  • Garden Bath
  • Formal Dining Room
  • Laundry Room
  • Ceramic Tile Flooring

About This Home

As of June 2017

This nicely landscaped home sits on a large 1.3 acre lot in nice area of Concord. With close access to Rt. 460, this home has been newly painted, new carpet, new laminate flooring as well as a new heat pump. There is a large front and backyard for children to play in as well as a large 16 X 33 deck for entertaining those special guest. The spacious living room has a stone wood burning fireplace for those frosty winter evenings and family gatherings. The Open kitchen has lots of cabinetry, ceramic tile flooring and a separate breakfast room in addition to a formal dining room. Roof is about 10 years old. Vinyl windows with insulated glass.

Last Listed By

Elizabeth Howell-Jennings

Keller Williams License #0225053809 Listed on: 12/03/2016

Keller Williams

Property Details

Home Type

  • Mobile/Manufactured

Est. Annual Taxes

  • $550

Year Built

  • Built in 1990

Lot Details

  • 1.34 Acre Lot
  • Landscaped
  • Garden

Home Design

  • Shingle Roof

Interior Spaces

  • 1,792 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Mountain Views
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub Includes Tile Surround
  • Garden Bath

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Schools

  • Concord Elementary School
  • Rustburg Midl Middle School
  • Rustburg High School

Mobile Home

  • Double Wide

Utilities

  • Heat Pump System
  • Underground Utilities
  • Well
  • Electric Water Heater
  • Septic Tank
  • Satellite Dish

Community Details

  • Royal Oaks Subdivision

Listing and Financial Details

  • Assessor Parcel Number 001964500

Property Details

Home Type

Mobile/Manufactured

Est. Annual Taxes

$550

Year Built

Built in 1990

Lot Details

0

Listing Details

  • AssocFeeOptional: None
  • Directions: From Lynchburg, Rt. 460 to Concord, right on 24 West, Village Highway, go 3.5 miles. Property on right.
  • ElementarySchool4: Concord Elem
  • HighSchool4: Rustburg High
  • Lot Measurement: Acres
  • Lot Sq Ft: 58370.00
  • MiddleSchool4: Rustburg Midl
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 001964500
  • Year Built: 1990
  • Heating System: Heat Pump
  • Building Stories: One
  • Dwelling Styles: Doublewide
  • Foyer Area: 40.000000
  • Laundryroom Dim: 10.000 x 7.000
  • Laundryroom Len: 10.000
  • Living Room Dim: 26.000 x 15.000
  • Livingroom Len: 26.000
  • Livingroom Wid: 15.000
  • Masterbedroom Area: 195.000000
  • Master Bedroom Dim: 15.000 x 13.000
  • Masterbedroom Len: 15.000
  • Masterbedroom Wid: 13.000
  • Office Dim: 0.000 x 0.000
  • Special Features: None
  • Property Sub Type: MobileManufactured

Interior Features

  • Basement Bathrooms: 2.00
  • Bathrooms Display: 2 (2 0)
  • Lower Floor 1 Bedrooms: 3
  • Broker Approved: Yes
  • Legal Description: Lot 10 Royal Oaks
  • Reciprocal Listing: No
  • Second Bedroom: 13x12 Level: Level 1 Above Grade
  • Second Bedroom Area: 156.000000
  • Third Bedroom: 13x11 Level: Level 1 Above Grade
  • Third Bedroom Area: 143.000000
  • Above Grade Finished Sq Ft: 1792.00
  • ApplianceConvey: Dishwasher, Dryer, Range-Elec, Refrigerator, Washer
  • Has Attic: None
  • Has Basement: Crawl Space
  • Breakfast Area: 8x5 Level: Level 1 Above Grade
  • Flooring: Carpet, Ceramic Tile, Laminate, Vinyl
  • Year Built Exception: 0
  • Deck: 33x16 Level: Level 1 Above Grade
  • Fireplace: 1 Fireplace, Living Room, Wood Burning
  • Formal Dining: 13x9 Level: Level 1 Above Grade
  • Foyer: 8x5 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 2
  • Interior Amenities: Cable Connections, Ceiling Fan(s), Tile Bath(s), Drywall, Garden Tub, Main Level Bedroom, Separate Dining Room, Smoke Alarm, Walk-In Closet(s)
  • Dining Kitchen: 13x12 Level: Level 1 Above Grade
  • Laundry: Dryer Connection, Main Level, Separate Laundry Rm., Washer Connections
  • Laundry Room: 10x7 Level: Level 1 Above Grade
  • Living Room: 26x15 Level: Level 1 Above Grade
  • Master Bedroom: 15x13 Level: Level 1 Above Grade
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 156.000000
  • Laundry Room Area: 70.000000
  • LivingRoom Area: 390.000000
  • 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

  • Lot Number: 10
  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: Garden Space, Landscaped, Insulated Glass, Satellite Dish, Undergrnd Utilities, Mountain Views

Garage/Parking

  • Garage Dim: 0.000 x 0.000

Utilities

  • Air Conditioner: Heat Pump
  • Sewer: Septic Tank
  • Hot Water: Well
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors
  • Subdivision Complex: Royal Oaks

Schools

  • School District: Campbell
  • School District: Campbell

Lot Info

  • Lot Sq Ft: 1792.00
  • Zoning: A-1

Tax Info

  • Estimated Taxes: 550

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 3, 2016
Closed on
May 22, 2017
Sold by
Tanner Jeffrey A
Bought by
Douglas Donald W
Seller's Agent
Elizabeth Howell-Jennings
Keller Williams
Buyer's Agent
Schyler Higgins
Cornerstone Realty Group Inc
List Price
$119,900
Sold Price
$108,000
Premium/Discount to List
-$11,900
-9.92%
Total Days on Market
117
Current Estimated Value
$234,128

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,128
Avg. Annual Appreciation
9.45%
Original Mortgage
$106,043
Outstanding Balance
$90,186
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$129,691

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Douglas Donald W $108,000 Mountain View Stlmnt Svcs
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Douglas Donald W $40,200
Open Douglas Donald W $106,043
Previous Owner Arrington Ii James C $94,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2017 06/16/17 Sold $108,000 -9.9% $60 / Sq Ft
03/30/2017 03/30/17 Pending -- -- --
12/03/2016 12/03/16 For Sale $119,900 -- $67 / 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 $608 $135,200 $23,700 $111,500
2023 $608 $135,200 $23,700 $111,500
2022 $428 $82,300 $21,700 $60,600
2021 $428 $82,300 $21,700 $60,600
2020 $428 $82,300 $21,700 $60,600
2019 $428 $82,300 $21,700 $60,600
2018 $505 $97,100 $20,700 $76,400
2017 $505 $97,100 $20,700 $76,400
2016 $505 $97,100 $20,700 $76,400
2015 -- $97,100 $20,700 $76,400
2014 -- $108,500 $20,700 $87,800
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Lynchburg Association of REALTORS®

MLS Number: 302414

APN: 026E-01000-010-0