Check Availability

1700 Parkland Drive

1700 Parkland Drive, Lynchburg, VA 24503
Property in Bedford Hills
Sold Sep 28, 2020
$345,000
$310,500 by Freedom Mortgage
Mortgage
Local assessors in Lynchburg, VA have categorized 1700 Parkland Drive as a residential type of property. The home was built in 1951 and is 73 years old. The property's lot size has been calculated to be 12,772 square feet. The linear feet between the front and back of the lot was measured at 1,660 ft and the front of the lot was measured at 750 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 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 3 full bathrooms. There are also 3 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 1700 Parkland Drive has a total of 1,835 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. 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 brick veneer 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. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 1700 Parkland Drive sold most recently in Sep 28, 2020 for a total of $345,000. If you work out the math, that's approximately a cost of $188.01 per sqft. 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 $2,769 in taxes each year. 1700 Parkland Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $311,100. If we break it down further, the land itself was valued at $52,500. Improvements to the property, however, were assessed at a total of $258,600. The property's total market value has been marked the same as the total assessed value which is pretty typical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 1951
  • Effective Year Built: 1951
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Construction Type: Frame
  • Exterior Walls Type: Brick veneer
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Unfinished basement
  • Basement Area: 1,835
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 12,772
  • Lot Size Depth Feet: 1,660
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,835
  • Building Area: 1,835
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 1,835
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PEAKLAND
  • Land Acres: 0.293
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ROYAL COURT, BLK C, LOTS 8-10 & PT LOT 26

Ownership

  • Current Owner : SHIELDS CARTER PAGE
  • Current Owner 2: SHIELDS HILARY TAYLOR
  • Previous Owner : LLOYD MATTHEW L
  • Previous Owner 2: LLOYD KRISTINE D
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: R1

Geography

  • Parcel: 066 03 001
  • Block: C
  • Lot: 8-10,26
  • Latitude: 37.4382
  • Longitude: -79.1987

    Address

  • Full Address: 1700 Parkland Dr
  • Address - House Number: 1700
  • Address - Street Name: Parkland
  • Address - Suffix Type: Dr
  • State: VA
  • City Name: Lynchburg
  • Carrier Code: C086
  • 4-Digit Zip Code: 2419
  • Zip Code: 24503

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,769

    Appraisal Valuation

  • Standard Deviation: 0.2386
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 66
  • Final Value: 374,639
  • High Value: 464,055
  • Low Value: 285,222

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $310,500
  • First Open Lien Mortgage Lender: FREEDOM MORTGAGE
  • First Open Lien Mortgage Recording Date: Sep 28, 2020
  • First Open Lien Mortgage Loan Amount: $310,500
  • 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: $311,100
  • Market Land Value: $52,500
  • Market Improvement Value: $258,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $311,100
  • Assessed Land Value: $52,500
  • Assessed Improvements Value: $258,600

    Sales

  • Current Sale Contract Date: Sep 28, 2020
  • Current Sale Recording Date: Sep 28, 2020
  • Current Sale Transaction ID: 11809471002
  • Current Sale Price: $345,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 200007047

    Last Sale Mortgage

  • First Mortgage Lender: FREEDOM MORTGAGE
  • First Mortgage Transaction Date: Sep 28, 2020
  • First Mortgage Loan Amount: $310,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

About Bedford Hills



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 1700 Parkland Drive located in?
The 1700 Parkland Drive is a located in the neighborhood of Bedford Hills in Bedford Hills, Lynchburg.
What is the average sales price for listings in 1700 Parkland Drive?
The average sales price for units in 1700 Parkland Drive is $0 currently.

Quantcast