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116 Valleydale Drive

116 Valleydale Drive, Lynchburg, VA 24502
Sold Sep 07, 2021
$307,500
$301,929 by Nation One Mortgage Corp
Mortgage Due Oct 01, 2051
Sold Jun 12, 2015
$105,000
116 Valleydale Drive in Lynchburg, VA was first built in 1973 and is 51 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 11 rooms in the home, of which, 5 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 116 Valleydale Drive has 2,004 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 1,510 sqft and has been categorized as a finished improved basement. The linear feet across the front of the lot is 1,000 ft and the linear feet between the front and back of the lot is 2,330. In total, the area measurement of the land is 23,322 square feet.

Learn more about the property and building on this page. The home has a gable or hip style roof made of composition shingle. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The exterior walls of the home are made of a combination of material. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a heat pump. The property was last sold in Aug 17, 2021 for $307,500. That's $153.44 per sqft. Prior to that sales transaction, the property was also sold in Jun 10, 2015 for $105,000. 116 Valleydale Drive was last assessed in 2023. The total value of the property was assessed at $335,900. Specifically, the land the property is located on was valued at $38,000. While improvements on the property were assessed at a total of $297,900. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $2,990. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Brick Exterior
Vinyl Siding

Parking

Assigned Parking
Off Street Parking
Paved Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1973
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Construction Type: Frame
  • Exterior Walls Type: Combination
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Finished improved basement
  • Basement Area: 1,510
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 23,322
  • Lot Size Depth Feet: 2,330
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 2,004
  • Building Area: 2,004
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 2,004
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: VALLEYDALE
  • Land Acres: 0.535
  • Standard Land Use Code: Single family residential
  • Legal Description 1: VIRGINIA HILLS, BLK 1, LOT 9

Ownership

  • Current Owner : FERGUSON TERRY GLENN
  • Previous Owner : STOKES CHRISTOPHER
  • Owner Before Previous Owner: GATES JASON RUSSELL
  • Owner Before Previous Owner 2: GATES ANNE GRAHAM
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: JR

Neighborhood

  • School District Name: Lynchburg City Public Schools
  • Census Tract: 001800

Zoning

  • Zoning: R3

Geography

  • Parcel: 243 06 016
  • Block: 1
  • Lot: 9
  • Latitude: 37.3707
  • Longitude: -79.2295

    Address

  • Full Address: 116 Valleydale Dr
  • Address - House Number: 116
  • Address - Street Name: Valleydale
  • Address - Suffix Type: Dr
  • State: VA
  • City Name: Lynchburg
  • Carrier Code: R015
  • 4-Digit Zip Code: 4308
  • Zip Code: 24502

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,990

    Appraisal Valuation

  • Standard Deviation: 0.2025
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 72
  • Final Value: 361,207
  • High Value: 434,379
  • Low Value: 288,034

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $301,929
  • First Open Lien Mortgage Lender: NATION ONE MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Sep 07, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $301,929
  • 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: Oct 01, 2051

    Market Valuation

  • Market Total Value: $335,900
  • Market Land Value: $38,000
  • Market Improvement Value: $297,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $335,900
  • Assessed Land Value: $38,000
  • Assessed Improvements Value: $297,900

    Sales

  • Current Sale Contract Date: Aug 17, 2021
  • Current Sale Recording Date: Sep 07, 2021
  • Current Sale Transaction ID: 11855321407
  • Current Sale Price: $307,500
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 210007986
  • Previous Sale Recording Date: Jun 12, 2015
  • Previous Sale Contract Date: Jun 10, 2015
  • Previous Sale Amount: $105,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: NATION ONE MORTGAGE CORP
  • First Mortgage Transaction Date: Sep 07, 2021
  • First Mortgage Loan Amount: $301,929
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Oct 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Virginia Hills



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 116 Valleydale Drive located in?
The 116 Valleydale Drive is a house located in the neighborhood of Virginia Hills in Virginia Hills, Lynchburg.
What is the average sales price for listings in 116 Valleydale Drive?
The average sales price for units in 116 Valleydale Drive is $299,900 currently.

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