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714 Leesville Road

714 Leesville Road, Lynchburg, VA 24502
Property in Lynchburg
Refi Aug 10, 2006
Transfer
$120,000 by Branch Banking And Trust Co Of
Mortgage Due Aug 10, 2036
714 Leesville Road 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 1925 and is 99 years old. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. 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, 714 Leesville Road has 1,455 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a finished improved basement that is 599 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The linear feet between the front and back of the lot is 3,000 ft and across the front of the lot is 1,270 ft. The area measurement of the land has been determined as 310,365 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. Residents will have the luxury of enjoying a unknown. 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 composition shingle. The exterior walls of the building are made of alum/vinyl siding. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. 714 Leesville Road was last assessed in 2023. The total value of the property was assessed at $544,400. Specifically, the land the property is located on was valued at $534,400. While improvements on the property were assessed at a total of $10,000. 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 $4,816. The initial tax year of delinquency was in 2021. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! 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: 1925
  • Effective Year Built: 1925
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Construction Type: Frame
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Type: Finished improved basement
  • Basement Area: 599
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 310,365
  • Lot Size Depth Feet: 3,000
  • Lot Size Frontage Feet: 1,270
  • Total Building Area: 1,455
  • Building Area: 1,455
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,455
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TIMBERLAKE COMMERCIAL CORRIDOR
  • Land Acres: 7.125
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PEAKS VIEW, LOT 1

Ownership

  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Oct 30, 2023

Neighborhood

  • School District Name: Lynchburg City Public Schools
  • Census Tract: 001603

Zoning

  • Zoning: R1

Geography

  • Subdivision Tract Number: 1
  • Parcel: 262 05 001
  • Lot: 1
  • Latitude: 37.3416
  • Longitude: -79.2078

    Address

  • Full Address: 714 Leesville Rd
  • Address - House Number: 714
  • Address - Street Name: Leesville
  • Address - Suffix Type: Rd
  • State: VA
  • City Name: Lynchburg
  • Carrier Code: C078
  • 4-Digit Zip Code: 2814
  • Zip Code: 24502

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,816
  • Intital Tax Deliquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.1574
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 80
  • Final Value: 633,734
  • High Value: 733,488
  • Low Value: 533,981

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $120,000
  • First Open Lien Mortgage Lender: BRANCH BANKING AND TRUST CO OF
  • First Open Lien Mortgage Recording Date: Aug 10, 2006
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $120,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: Aug 10, 2036

    Market Valuation

  • Market Total Value: $544,400
  • Market Land Value: $534,400
  • Market Improvement Value: $10,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $544,400
  • Assessed Land Value: $534,400
  • Assessed Improvements Value: $10,000

About Lynchburg



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Frequently Asked Questions

What neighborhood is 714 Leesville Road located in?
The 714 Leesville Road is a located in the neighborhood of Lynchburg in Lynchburg, Lynchburg.
What is the average sales price for listings in 714 Leesville Road?
The average sales price for units in 714 Leesville Road is $0 currently.

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