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5105 Wedgewood Road

5105 Wedgewood Road, Lynchburg, VA 24503
Property in Bedford Hills
Sold Sep 01, 2016
$227,000
$215,650 by Wells Fargo Bank Na
Mortgage Due Oct 01, 2046
Sold Dec 01, 2015
$135,440
Local assessors in Lynchburg, VA have categorized 5105 Wedgewood Road as a residential type of property. The home was built in 1965 and is 59 years old. The property's lot size has been calculated to be 17,812 square feet. The linear feet between the front and back of the lot was measured at 1,770 ft and the front of the lot was measured at 1,000 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 2 full bathrooms. There are also 2 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 5105 Wedgewood Road has a total of 1,396 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. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. 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 forced air unit is the primary heating source. The property was last sold in Aug 31, 2016 for $227,000. That's $162.61 per sqft. Prior to that sales transaction, the property was also sold in Oct 20, 2015 for $135,440. 5105 Wedgewood Road was last assessed in 2023. The total value of the property was assessed at $290,600. Specifically, the land the property is located on was valued at $45,000. While improvements on the property were assessed at a total of $245,600. 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 $2,586. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. 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.

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: 8
  • 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 Type: Unfinished basement
  • Basement Area: 1,638
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 17,812
  • Lot Size Depth Feet: 1,770
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,396
  • Building Area: 1,396
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,396
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BOONSBORO FOREST
  • Land Acres: 0.408
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BOONSBORO FOREST, SEC 1, BLK 2, LOT 3

Ownership

  • Current Owner : YI YOUNG MEE
  • Previous Owner : VOLLMER DANIEL
  • Previous Owner 2: VOLLMER RACHEL
  • Owner Before Previous Owner: GILLSPIE SUSANNE W
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: R1

Geography

  • Section: 1
  • Parcel: 183 04 003
  • Block: 2
  • Lot: 3
  • Latitude: 37.4446
  • Longitude: -79.2222

    Address

  • Full Address: 5105 Wedgewood Rd
  • Address - House Number: 5105
  • Address - Street Name: Wedgewood
  • Address - Suffix Type: Rd
  • State: VA
  • City Name: Lynchburg
  • Carrier Code: C023
  • 4-Digit Zip Code: 4207
  • Zip Code: 24503

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,586

    Appraisal Valuation

  • Standard Deviation: 0.2059
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 72
  • Final Value: 346,963
  • High Value: 418,426
  • Low Value: 275,500

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $215,650
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Sep 01, 2016
  • First Open Lien Mortgage Loan Amount: $215,650
  • 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: Oct 01, 2046

    Market Valuation

  • Market Total Value: $290,600
  • Market Land Value: $45,000
  • Market Improvement Value: $245,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $290,600
  • Assessed Land Value: $45,000
  • Assessed Improvements Value: $245,600

    Sales

  • Current Sale Contract Date: Aug 31, 2016
  • Current Sale Recording Date: Sep 01, 2016
  • Current Sale Transaction ID: 1754773881
  • Current Sale Price: $227,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 160005319
  • Previous Sale Recording Date: Dec 01, 2015
  • Previous Sale Contract Date: Oct 20, 2015
  • Previous Sale Amount: $135,440
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Sep 01, 2016
  • First Mortgage Loan Amount: $215,650
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2046

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Frequently Asked Questions

What neighborhood is 5105 Wedgewood Road located in?
The 5105 Wedgewood Road is a located in the neighborhood of Bedford Hills in Bedford Hills, Lynchburg.
What is the average sales price for listings in 5105 Wedgewood Road?
The average sales price for units in 5105 Wedgewood Road is $0 currently.

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