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1435 Nelson Drive

1435 Nelson Drive, Lynchburg, VA 24502
Property in Richland Hills
Sold Dec 06, 2017
$185,000
$166,500 by Bank Of The James
Mortgage Due Jan 01, 2048
1435 Nelson Drive in Lynchburg, VA was first built in 1965 and is 59 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 1435 Nelson Drive has 2,294 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 linear feet across the front of the lot is 1,250 ft and the linear feet between the front and back of the lot is 2,200. In total, the area measurement of the land is 24,119 square feet.

Learn more about the property and building on this page. There is a open porch. The home has a gable or hip style roof made of composition shingle. For those who need parking, there is a attached garage. The garage is 816 sqft. There are a total of 3 available parking spaces. 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 brick veneer. 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 baseboard heaters. 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, 1435 Nelson Drive was last sold in Nov 7, 2017 for $185,000. According to our calculations, that's $80.65 per sqft. Current property owners are expected to pay $2,128 in taxes per year. The property on 1435 Nelson Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $239,100. To break that down further, the land itself was valued at $38,000. While improvements to the property were assessed at a total of $201,100. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 1965
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Construction Type: Frame
  • Exterior Walls Type: Brick veneer
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 816
  • Parking Space Count: 3
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 24,119
  • Lot Size Depth Feet: 2,200
  • Lot Size Frontage Feet: 1,250
  • Total Building Area: 2,294
  • Building Area: 2,294
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Baseboard
  • Heated Square Feet: 2,294
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RICHLAND HILLS ROUNDELAY
  • Land Acres: 0.553
  • Standard Land Use Code: Single family residential
  • Legal Description 1: RICHLAND HILLS, SEC 2, LOT 6

Ownership

  • Current Owner : MALIK FARAH
  • Previous Owner : MARTIN LAUREN BANTON
  • Previous Owner 2: BANTON LAUREN E
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lynchburg City Public Schools
  • Census Tract: 001700

Zoning

  • Zoning: R1

Geography

  • Section: 2
  • Parcel: 244 13 034
  • Lot: 6
  • Latitude: 37.3655
  • Longitude: -79.2125

    Address

  • Full Address: 1435 Nelson Dr
  • Address - House Number: 1435
  • Address - Street Name: Nelson
  • Address - Suffix Type: Dr
  • State: VA
  • City Name: Lynchburg
  • Carrier Code: C082
  • 4-Digit Zip Code: 2051
  • Zip Code: 24502

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,128

    Appraisal Valuation

  • Standard Deviation: 0.1747
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 77
  • Final Value: 293,419
  • High Value: 344,706
  • Low Value: 242,132

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $166,500
  • First Open Lien Mortgage Lender: BANK OF THE JAMES
  • First Open Lien Mortgage Recording Date: Dec 06, 2017
  • First Open Lien Mortgage Loan Amount: $166,500
  • 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: Jan 01, 2048

    Market Valuation

  • Market Total Value: $239,100
  • Market Land Value: $38,000
  • Market Improvement Value: $201,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $239,100
  • Assessed Land Value: $38,000
  • Assessed Improvements Value: $201,100

    Sales

  • Current Sale Contract Date: Nov 07, 2017
  • Current Sale Recording Date: Dec 06, 2017
  • Current Sale Transaction ID: 11331673716
  • Current Sale Price: $185,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 170007732

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF THE JAMES
  • First Mortgage Transaction Date: Dec 06, 2017
  • First Mortgage Loan Amount: $166,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2048

About Richland Hills



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Nearby Rentals

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Frequently Asked Questions

What neighborhood is 1435 Nelson Drive located in?
The 1435 Nelson Drive is a located in the neighborhood of Richland Hills in Richland Hills, Lynchburg.
What is the average sales price for listings in 1435 Nelson Drive?
The average sales price for units in 1435 Nelson Drive is $0 currently.

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