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1720 Lakeside Drive

1720 Lakeside Drive, Lynchburg, VA 24501
Property in Lakeside
Sold May 09, 2016
$145,000
$116,000 by American Neighborhood Mtg Acce
Mortgage Due Jun 01, 2046
1720 Lakeside Drive has been categorized by the local assessors in Lynchburg, VA as a residential type of property. The building on the property was first built in 1934 and is 90 years old. Residents will have access to one full bathroom. There is one partial bathroom in the home. The building has a total of 2 stories. In addition, 1720 Lakeside Drive has 1,413 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 90,605 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 406 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a open porch. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. The building has a gable or hip style roof made of tile. The exterior walls of the building are made of wood siding. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a steam heating system. 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, 1720 Lakeside Drive sold most recently in May 5, 2016 for a total of $145,000. If you work out the math, that's approximately a cost of $102.62 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 $1,797 in taxes each year. 1720 Lakeside Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $201,900. If we break it down further, the land itself was valued at $52,800. Improvements to the property, however, were assessed at a total of $149,100. The property's total market value has been marked the same as the total assessed value which is pretty typical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 1934
  • Effective Year Built: 1934
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Construction Type: Frame
  • Exterior Walls Type: Wood siding
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Tile
  • Floor Count: 2
  • Basement Type: Unfinished basement
  • Basement Area: 781
  • Garage Type: Attached
  • Garage Square Area: 406
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 90,605
  • Lot Size Frontage Feet: 1,510
  • Total Building Area: 1,413
  • Building Area: 1,413
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Steam
  • Heated Square Feet: 1,413
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LAKESIDE
  • Land Acres: 2.08
  • Standard Land Use Code: Single family residential
  • Legal Description 1: RE CLAIBORNE, LOT B

Ownership

  • Current Owner : GERMAIN JOSHUA R
  • Current Owner 2: GERMAIN CHRISTINA M
  • Previous Owner : ACC VLA LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: R2

Geography

  • Parcel: 165 06 004
  • Lot: B
  • Latitude: 37.4027
  • Longitude: -79.1926

    Address

  • Full Address: 1720 Lakeside Dr
  • Address - House Number: 1720
  • Address - Street Name: Lakeside
  • Address - Suffix Type: Dr
  • State: VA
  • City Name: Lynchburg
  • Carrier Code: C056
  • 4-Digit Zip Code: 3118
  • Zip Code: 24501

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,797

    Appraisal Valuation

  • Standard Deviation: 0.1758
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 77
  • Final Value: 250,112
  • High Value: 294,089
  • Low Value: 206,135

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $116,000
  • First Open Lien Mortgage Lender: AMERICAN NEIGHBORHOOD MTG ACCE
  • First Open Lien Mortgage Recording Date: May 09, 2016
  • First Open Lien Mortgage Loan Amount: $116,000
  • 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: Jun 01, 2046

    Market Valuation

  • Market Total Value: $201,900
  • Market Land Value: $52,800
  • Market Improvement Value: $149,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $201,900
  • Assessed Land Value: $52,800
  • Assessed Improvements Value: $149,100

    Sales

  • Current Sale Contract Date: May 05, 2016
  • Current Sale Recording Date: May 09, 2016
  • Current Sale Transaction ID: 1878108496
  • Current Sale Price: $145,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 160002647

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAN NEIGHBORHOOD MTG ACCE
  • First Mortgage Transaction Date: May 09, 2016
  • First Mortgage Loan Amount: $116,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2046

About Lakeside



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Frequently Asked Questions

What neighborhood is 1720 Lakeside Drive located in?
The 1720 Lakeside Drive is a located in the neighborhood of Lakeside in Lakeside, Lynchburg.
What is the average sales price for listings in 1720 Lakeside Drive?
The average sales price for units in 1720 Lakeside Drive is $0 currently.

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