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Sold for $387,500
  • $387,500

    1426 Rainbow Forest Dr, Lynchburg, VA 24502

    4beds
    3,130sqft
    Single Family Residence
    Built in 1965
    0.57 Acres Lot
    $398,400 Zestimate®
    $124/sqft
    $2,536 Estimated rent

    Home value

    $398,400

    $378,000 - $418,000

    $2,536/mo

    Zestimate® history
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    What's special

    This beautifully renovated 4-bedroom, 3-bathroom ranch, located in the Campbell County/Brookville School district, has been updated from top to bottom! Highlights include a new roof, water heater, flooring, paint, bathrooms, and appliances. The main level features a roomy living area with a fireplace, a kitchen with stainless steel appliances, a dining room, a primary suite with a stunning bathroom, a second bedroom, a guest bath, a sunroom, and a deck. Downstairs, you'll find a generous additional living space with fireplace (ideal for a game room!), a kitchenette, two more bedrooms, and another full bath. Plus, the property includes a one-car garage and a spacious backyard with a privacy fence; all on a corner lot, making this home a must-see! Call your favorite agent to get your showing scheduled today!

    Zillow last checked:

    Listing updated:

    Listed by:

    Krystle Hicks 434-851-0004 khicks@nexthome245.com,

    NextHome TwoFourFive

    Bought with:

    Thomas G. Wolcott, 0225104143

    NextHome TwoFourFive

    Source: LMLS,MLS#: 353728MLS LogoOriginating MLS: Lynchburg Board of Realtors

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 3
    Primary bedroom
    • Level: First
    • Area: 176
    • Dimensions: 11 x 16
    Bedroom
    • Dimensions: 0 x 0
    Bedroom 2
    • Level: First
    • Area: 132
    • Dimensions: 11 x 12
    Bedroom 3
    • Level: Below Grade
    • Area: 221
    • Dimensions: 17 x 13
    Bedroom 4
    • Level: Below Grade
    • Area: 110
    • Dimensions: 10 x 11
    Bedroom 5
    • Area: 0
    • Dimensions: 0 x 0
    Dining room
    • Level: First
    • Area: 132
    • Dimensions: 11 x 12
    Family room
    • Level: Below Grade
    • Area: 665
    • Dimensions: 35 x 19
    Great room
    • Area: 0
    • Dimensions: 0 x 0
    Kitchen
    • Level: First
    • Area: 156
    • Dimensions: 13 x 12
    Living room
    • Level: First
    • Area: 260
    • Dimensions: 20 x 13
    Office
    • Area: 0
    • Dimensions: 0 x 0
    Heating
    • Heat Pump
    Cooling
    • Heat Pump
    Appliances
    • Included: Dishwasher, Microwave, Electric Range, Refrigerator, Electric Water Heater
    • Laundry: In Basement, Dryer Hookup, Laundry Room, Washer Hookup
    Features
    • Ceiling Fan(s), Free-Standing Tub, Main Level Bedroom, Primary Bed w/Bath, Tile Bath(s)
    • Flooring: Tile, Vinyl Plank
    • Basement: Exterior Entry,Finished,Full,Game Room,Heated,Interior Entry,Walk-Out Access
    • Attic: Access
    • Number of fireplaces: 2
    • Fireplace features: 2 Fireplaces, Den, Living Room, Wood Burning, Basement
    Interior area
    • Total structure area: 3,130
    • Total interior livable area: 3,130 sqft
    • Finished area above ground: 1,480
    • Finished area below ground: 1,650

    Property

    Parking
    • Parking features: Off Street, Paved Drive
    • Has garage: Yes
    • Has uncovered spaces: Yes
    Features
    • Levels: One
    • Pool features: Pool Nearby
    • Fencing: Privacy
    Lot
    • Size: 0.57 Acres
    • Features: Landscaped
    Details
    • Parcel number: 11A661
    • Zoning: R-1

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch
    • Property subtype: Single Family Residence
    Materials
    • Brick
    • Roof: Shingle
    Condition
    • Year built: 1965

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: County
    • Utilities for property: Cable Available

    Community & HOA

    Community
    • Security: Smoke Detector(s)
    Location
    • Region: Lynchburg

    Financial & listing details

    • Price per square foot: $124/sqft
    • Tax assessed value: $178,000
    • Annual tax amount: $675
    • Date on market: 8/1/2024
    • Cumulative days on market: 5 days

    Price history

    DateEventPrice
    8/29/2024Sold$387,500-3.1%$124/sqft
    Source: LMLS #353728 Report a problem
    8/7/2024Pending sale$399,900$128/sqft
    Source: NextHome #353728 Report a problem
    8/1/2024Listed for sale$399,900+86%$128/sqft
    Source: LMLS #353728 Report a problem
    5/17/2024Sold$215,000-8.5%$69/sqft
    Source: LMLS #351995 Report a problem
    5/7/2024Pending sale$235,000$75/sqft
    Source: LMLS #351995 Report a problem
    5/7/2024Listed for sale$235,000$75/sqft
    Source: LMLS #351995 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$801 $178,000
    2023-- $178,000 +37.1%
    2022$675 $129,800
    2021$675 --
    2020-- --
    2019$654 $129,800 +3.2%
    2018$654 $125,800
    2017-- $125,800
    2016-- $125,800
    2015-- $125,800 +5.1%
    2014-- $119,700
    2013-- $119,700 +0.9%
    2012-- $118,600
    2011-- $118,600 +2.5%
    2010-- $115,700
    2009-- $115,700
    2008-- $115,700
    2007-- $115,700 +13.4%
    2006-- $102,000
    2005-- $102,000
    2004-- $102,000
    2003-- $102,000 +22.6%
    2002$474 $83,173
    2001$474 $83,173
    2000$474 $83,173
    Find assessor info on the county website

    Neighborhood: 24502

    Nearby schools

    GreatSchools rating
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    $398,400
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    $406,368