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122 Craftsman Way

122 Craftsman Way, Lynchburg, VA 24503
Property in Lynchburg
Sold Apr 05, 2021
$425,000
$361,200 by Third Federal Savings & Loan
Mortgage Due Apr 05, 2051
122 Craftsman Way in Lynchburg, VA was first built in 2021 and is 3 years old. This has been categorized as a residential property type. 122 Craftsman Way has 2,190 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. In total, the area measurement of the land is 11,500 square feet.

Learn more about the property and building on this page. 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, 122 Craftsman Way was last sold in Mar 31, 2021 for $425,000. According to our calculations, that's $194.06 per sqft. Current property owners are expected to pay $2,721 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2023. The property on 122 Craftsman Way was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $407,700. To break that down further, the land itself was valued at $70,000. While improvements to the property were assessed at a total of $337,700. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 2021
  • Effective Year Built: 2021
  • Building Count: 1
  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 11,500
  • Lot Size Frontage Feet: 600
  • Total Building Area: 2,190
  • Building Area: 2,190
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,190
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: COTTAGE HILL
  • Land Acres: 0.264
  • Standard Land Use Code: Single family residential
  • Legal Description 1: COTTAGE HILL, LOT 22

Ownership

  • Current Owner : LEVIT MIKHAIL M
  • Current Owner 2: LEVIT IRINA E
  • Previous Owner : SELLARI ENTERPRISES INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lynchburg City Public Schools
  • Census Tract: 000201

Geography

  • Parcel: 210 03 040
  • Lot: 22
  • Latitude: 37.4414
  • Longitude: -79.2314

    Address

  • Full Address: 122 Craftsman Way
  • Address - House Number: 122
  • Address - Street Name: Craftsman
  • Address - Suffix Type: Way
  • State: VA
  • City Name: Lynchburg
  • Carrier Code: C088
  • 4-Digit Zip Code: 1125
  • Zip Code: 24503

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,721
  • Intital Tax Deliquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.2205
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 69
  • Final Value: 475,856
  • High Value: 580,809
  • Low Value: 370,902

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $361,200
  • First Open Lien Mortgage Lender: THIRD FEDERAL SAVINGS & LOAN
  • First Open Lien Mortgage Recording Date: Apr 05, 2021
  • First Open Lien Mortgage Loan Amount: $361,200
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 05, 2051

    Market Valuation

  • Market Total Value: $407,700
  • Market Land Value: $70,000
  • Market Improvement Value: $337,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $407,700
  • Assessed Land Value: $70,000
  • Assessed Improvements Value: $337,700

    Sales

  • Current Sale Contract Date: Mar 31, 2021
  • Current Sale Recording Date: Apr 05, 2021
  • Current Sale Transaction ID: 11830497273
  • Current Sale Price: $425,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 210003016

    Last Sale Mortgage

  • First Mortgage Lender: THIRD FEDERAL SAVINGS & LOAN
  • First Mortgage Transaction Date: Apr 05, 2021
  • First Mortgage Loan Amount: $361,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

About Lynchburg



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Frequently Asked Questions

What neighborhood is 122 Craftsman Way located in?
The 122 Craftsman Way is a located in the neighborhood of Lynchburg in Lynchburg, Lynchburg.
What is the average sales price for listings in 122 Craftsman Way?
The average sales price for units in 122 Craftsman Way is $0 currently.

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