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111 Wheatland Court

111 Wheatland Court, Lynchburg, VA 24503
Property in Linkhorne
Sold Jun 22, 2020
$435,000
$413,250 by First National Bank
Mortgage
Sold Nov 02, 2016
$400,000
$320,000 by Mb Financial Bank Na
Mortgage Due Nov 01, 2046
Local assessors in Lynchburg, VA have categorized 111 Wheatland Court as a residential type of property. The home was built in 2015 and is 9 years old. The property's lot size has been calculated to be 42,994 square feet. If we look only at the heated or air conditioned part of the building, then 111 Wheatland Court has a total of 2,822 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. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 111 Wheatland Court sold most recently in Jun 19, 2020 for a total of $435,000. If you work out the math, that's approximately a cost of $154.15 per sqft. Before that, the property was also sold for $400,000 in Oct 12, 2016. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $4,500 in taxes each year. 111 Wheatland Court was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $505,600. If we break it down further, the land itself was valued at $60,000. Improvements to the property, however, were assessed at a total of $445,600. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2015
  • Effective Year Built: 2015
  • Building Count: 1
  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 42,994
  • Total Building Area: 2,822
  • Building Area: 2,822
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,822
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: IVY CREEK PARK
  • Land Acres: 0.987
  • Standard Land Use Code: Single family residential
  • Legal Description 1: IVY CREEK PARK, PHASE 2, LOT 10

Ownership

  • Current Owner : HANSEN KEVIN RAY
  • Current Owner 2: HANSEN CHARISSA LYNN
  • Previous Owner : ARMSTRONG KEVIN
  • Previous Owner 2: ARMSTRONG LISA
  • Owner Before Previous Owner: FOXCREST DEVELOPERS INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lynchburg City Public Schools
  • Census Tract: 000205

Geography

  • Subdivision Phase Number: 2
  • Parcel: 169 02 035
  • Lot: 10
  • Latitude: 37.4205
  • Longitude: -79.2059

    Address

  • Full Address: 111 Wheatland Ct
  • Address - House Number: 111
  • Address - Street Name: Wheatland
  • Address - Suffix Type: Ct
  • State: VA
  • City Name: Lynchburg
  • Carrier Code: C057
  • 4-Digit Zip Code: 3359
  • Zip Code: 24503

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,500

    Appraisal Valuation

  • Standard Deviation: 0.1666
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 78
  • Final Value: 573,386
  • High Value: 668,926
  • Low Value: 477,846

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $413,250
  • First Open Lien Mortgage Lender: FIRST NATIONAL BANK
  • First Open Lien Mortgage Recording Date: Jun 22, 2020
  • First Open Lien Mortgage Loan Amount: $413,250
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $505,600
  • Market Land Value: $60,000
  • Market Improvement Value: $445,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $505,600
  • Assessed Land Value: $60,000
  • Assessed Improvements Value: $445,600

    Sales

  • Current Sale Contract Date: Jun 19, 2020
  • Current Sale Recording Date: Jun 22, 2020
  • Current Sale Transaction ID: 11807445005
  • Current Sale Price: $435,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 200004119
  • Previous Sale Recording Date: Nov 02, 2016
  • Previous Sale Contract Date: Oct 12, 2016
  • Previous Sale Amount: $400,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST NATIONAL BANK
  • First Mortgage Transaction Date: Jun 22, 2020
  • First Mortgage Loan Amount: $413,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Previous Mortgages

  • Previous Mortgage Lender: MB FINANCIAL BANK NA
  • Previous Mortgage Transaction Date: Nov 02, 2016
  • Previous Mortgage Loan Amount: $320,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Nov 01, 2046

About Linkhorne



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 111 Wheatland Court located in?
The 111 Wheatland Court is a located in the neighborhood of Linkhorne in Linkhorne, Lynchburg.
What is the average sales price for listings in 111 Wheatland Court?
The average sales price for units in 111 Wheatland Court is $0 currently.

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