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Off market
  • $378,500

    1306 Lockewood Dr, Lynchburg, VA 24502

    6beds
    3,226sqft
    SingleFamily
    Built in 1972
    0.7 Acres Lot
    $378,500 Zestimate®
    $117/sqft
    $3,379 Estimated rent

    Home value

    $378,500

    $348,000 - $413,000

    $3,379/mo

    Zestimate® history
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    $3,379/mo

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    Rent Zestimate®

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    $2,247/mo

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    What's special

    This beautiful brick ranch isn’t just a great home to live in...it also provides monthly income!!! The main level house has 2BR (easily converted to 3), 2BA, open concept kitchen/great room, spacious living room, office, pantry, lots of storage, and back deck. The lower level contains 3 income-producing terrace apartments that have been rented continuously since the house was constructed. This home sits on .7 acres with front and back lawn, shrubs, flowering trees, shade trees and utility building. Paved driveway and parking at the main level for homeowners. Separate drive and parking at the rear for renters. Main Level Home details: Large living room has front-door entry with full-light storm door and coat closet. Spacious open-concept kitchen/dining/family room has sliding door opening to new deck. Kitchen has lots of solid-wood cabinets and drawers, plenty of counter space, ceramic-top electric range, refrigerator with ice maker, dishwasher, garbage disposal and vinyl flooring. Dining/family room area has built-in solid-wood bookcase, natural rock fireplace with gas logs, and walk-in pantry. Bonus room contains large storage plus two additional closets containing washer and dryer. Has been used as office, but there are many possibilities for this room. Master bedroom is oversize with two bi-fold closets. It was originally two separate bedrooms and could easily be divided back into a master and 3rd bedroom with construction of a single wall. En-suite full bath has linen closet and new vinyl plank flooring. Second bedroom has two large closets and is across the hall from main bath. Main bath has double vanity with end-to-end mirror, lots of drawer/cabinet space, linen closet and separate tub/toilet. Hallway also has two closets for linens or storage. Attic storage above carport. Ceiling fans throughout house. Back yard has a utility building with electricity and a clothes line. Hot and cold water spigots on back side of house. Exterior of house painted and pressure washed in June 2020. 2 BR Apartment Details: 2 BR, 1 BA, new vinyl plank flooring installed throughout and interior painted in 2019. Double French-door entry off covered patio. Open-concept kitchen/dining/living room with lots of cabinets, drawers and counter space, electric range and refrigerator. 1BR Apartments (2) detail: Each has 1BR, 1BA. Open-concept kitchen/dining/living room. Private entry door from patio also has storm door. Double window overlooks backyard and provides lots of daylight. Kitchen area has nice pantry, electric range and refrigerator. Electric baseboard heat and and window-unit air conditioning. One unit recently upgraded with new vinyl plank flooring and pain throughout. This house was meticulously planned and built and has been well-maintained and occupied by the original owners/builders until 2019. Houses just aren’t built like this anymore.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 5
    • Full bathrooms: 5
    Heating
    • Baseboard, Forced air, Heat pump, Electric, Propane / Butane
    Cooling
    • Central, Other, Wall
    Appliances
    • Included: Dishwasher, Dryer, Garbage disposal, Range / Oven, Refrigerator, Washer
    • Laundry: In Unit
    Features
    • Flooring: Other, Carpet, Concrete, Linoleum / Vinyl
    • Basement: Finished
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 3,226 sqft

    Property

    Parking
    • Parking features: Carport, Off-street, Garage
    Features
    • Exterior features: Brick
    Lot
    • Size: 0.7 Acres
    Details
    • Parcel number: 25304002

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • Frame
    • Roof: Shake / Shingle
    Condition
    • Year built: 1972

    Community & HOA

    Location
    • Region: Lynchburg

    Financial & listing details

    • Price per square foot: $117/sqft
    • Tax assessed value: $346,600
    • Annual tax amount: $2,911

    Price history

    DateEventPrice
    12/15/2020Sold$250,000-10.7%$77/sqft
    Source: Public Record Report a problem
    9/30/2020Pending sale$279,900$87/sqft
    Source: Owner Report a problem
    9/4/2020Listed for sale$279,900$87/sqft
    Source: Owner Report a problem
    5/20/2019Listing removed$1,200
    Source: Owner Report a problem
    5/1/2019Listed for rent$1,200
    Source: Owner Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,911 +14.5%$346,600 +21.3%
    2024$2,543 $285,700
    2023$2,543 +10.2%$285,700 +37.4%
    2022$2,308 $207,900
    2021$2,308 $207,900 +7.8%
    2020-- $192,900
    2019-- $192,900 +1.6%
    2018-- $189,900
    2017$2,073 $189,900 +1.7%
    2016$2,073 $186,800
    2015$2,073 $186,800
    2014$2,073 $186,800
    2012-- $186,800
    2011-- $186,800 +1.4%
    2009-- $184,200 +2.5%
    2008-- $179,700 +54.4%
    2007-- $116,400
    2006-- $116,400
    2005-- $116,400 +0.8%
    2004-- $115,500
    2003-- $115,500 +6.9%
    2002-- $108,000
    2001-- $108,000
    Find assessor info on the county website

    Neighborhood: 24502

    Nearby schools

    GreatSchools rating
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    $378,500
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    +$7,570
    With Zillow Showcase(estimated)
    $386,070