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109 Farley Branch Drive

109 Farley Branch Drive, Lynchburg, VA 24502
Property in Oak Meadows
Sold Mar 23, 2017
$193,000
$189,504
Mortgage Due Apr 01, 2047
Sold Jun 28, 2007
$192,000
$153,600 by Southern Trust Mortgage Llc
Mortgage Due Jul 01, 2037
Local assessors in Lynchburg, VA have categorized 109 Farley Branch Drive as a residential type of property. The home was built in 2003 and is 21 years old. The property's lot size has been calculated to be 25,962 square feet. The linear feet between the front and back of the lot was measured at 3,410 ft and the front of the lot was measured at 800 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 109 Farley Branch Drive has a total of 1,408 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. The building has a gable or hip style roof that was made of composition shingle. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a heat pump is the primary heating source. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 109 Farley Branch Drive was last sold in Mar 7, 2017 for $193,000. According to our calculations, that's $137.07 per sqft. Prior to that sales transaction, the property was sold for $192,000 in Jun 14, 2007. Current property owners are expected to pay $2,004 in taxes per year. The property on 109 Farley Branch Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $225,200. To break that down further, the land itself was valued at $35,000. While improvements to the property were assessed at a total of $190,200. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Construction Type: Frame
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Unfinished basement
  • Basement Area: 1,408
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 25,962
  • Lot Size Depth Feet: 3,410
  • Lot Size Frontage Feet: 800
  • Total Building Area: 1,408
  • Building Area: 1,408
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 1,408
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: OAK MEADOWS
  • Land Acres: 0.596
  • Standard Land Use Code: Single family residential
  • Legal Description 1: OAK MEADOWS, LOT 39

Ownership

  • Current Owner : MINARD PHILIP P
  • Current Owner 2: MINARD BRITTANY T
  • Previous Owner : STERN ELAINE S
  • Owner Before Previous Owner: GODSEY WILLIAM E
  • Owner Before Previous Owner 2: GODSEY MAUREEN D
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lynchburg City Public Schools
  • Census Tract: 001603

Zoning

  • Zoning: R3

Geography

  • Parcel: 255 25 039
  • Lot: 39
  • Latitude: 37.3525
  • Longitude: -79.2074

    Address

  • Full Address: 109 Farley Branch Dr
  • Address - House Number: 109
  • Address - Street Name: Farley Branch
  • Address - Suffix Type: Dr
  • State: VA
  • City Name: Lynchburg
  • Carrier Code: C084
  • 4-Digit Zip Code: 2363
  • Zip Code: 24502

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,004

    Appraisal Valuation

  • Standard Deviation: 0.2115
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 71
  • Final Value: 294,882
  • High Value: 357,258
  • Low Value: 232,506

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $189,504
  • First Open Lien Mortgage Recording Date: Mar 23, 2017
  • First Open Lien Mortgage Loan Amount: $189,504
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2047

    Market Valuation

  • Market Total Value: $225,200
  • Market Land Value: $35,000
  • Market Improvement Value: $190,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $225,200
  • Assessed Land Value: $35,000
  • Assessed Improvements Value: $190,200

    Sales

  • Current Sale Contract Date: Mar 07, 2017
  • Current Sale Recording Date: Mar 23, 2017
  • Current Sale Transaction ID: 1806882095
  • Current Sale Price: $193,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 170001698
  • Previous Sale Recording Date: Jun 28, 2007
  • Previous Sale Contract Date: Jun 14, 2007
  • Previous Sale Amount: $192,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Transaction Date: Mar 23, 2017
  • First Mortgage Loan Amount: $189,504
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Apr 01, 2047

    Previous Mortgages

  • Previous Mortgage Lender: SOUTHERN TRUST MORTGAGE LLC
  • Previous Mortgage Transaction Date: Jun 28, 2007
  • Previous Mortgage Financing Type: Unknown
  • Previous Mortgage Loan Amount: $153,600
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2037

About Oak Meadows



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Nearby Rentals

Unit for rent at

$2,750 /mo

  • 2 Beds
  • 1 Bath
  • 790 ft²
Listing by Barbara Bodnar

Frequently Asked Questions

What neighborhood is 109 Farley Branch Drive located in?
The 109 Farley Branch Drive is a located in the neighborhood of Oak Meadows in Oak Meadows, Lynchburg.
What is the average sales price for listings in 109 Farley Branch Drive?
The average sales price for units in 109 Farley Branch Drive is $0 currently.

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