Sold for $252,000

$252,000

7118 Richland Dr, Lynchburg, VA 24502

3beds

1,890sqft

Single Family Residence

Built in 1958

0.5 Acres Lot

$286,700 Zestimate^®

$133/sqft

$1,925 Estimated rent

Home value

$286,700

$272,000 - $301,000

$1,925/mo

Zestimate^® history

Owner options

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$1,925/mo

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$1,925/mo

Rent Zestimate^®

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$1,496/mo

Est. payment

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$1,496/mo

Est. payment

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What's special

Level backyardSecondary kitchen areaEnormous den

Welcome to 7118 Richland Drive, this 3-bedroom 2- bath ranch with room to expand is located in the convenient neighborhood of Richland Hills. This well-kept property has been meticulously cared for by the original owner. Offering great potential for you to update and customize to your own liking. Main level consists of a large and light-filled living and dining space adjacent to the kitchen. Three spacious bedrooms along with a full bath occupy the main level. Lower-level offers expansion potential with endless possibilities for recreation and entertaining with an enormous den second full bath, laundry, tons of storage and even secondary kitchen area. Expansive, level backyard is ideal for entertaining and play. Centrally located off Timberlake in Richland Hills. Come check it out today!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2

Primary bedroom

Level: First
Area: 182
Dimensions: 14 x 13

Bedroom

Dimensions: 0 x 0

Bedroom 2

Level: First
Area: 120
Dimensions: 12 x 10

Bedroom 3

Level: First
Area: 108
Dimensions: 12 x 9

Bedroom 4

Area: 0
Dimensions: 0 x 0

Bedroom 5

Area: 0
Dimensions: 0 x 0

Dining room

Area: 0
Dimensions: 0 x 0

Family room

Area: 0
Dimensions: 0 x 0

Great room

Level: First
Area: 312
Dimensions: 26 x 12

Kitchen

Level: First
Area: 77
Dimensions: 11 x 7

Living room

Area: 0
Dimensions: 0 x 0

Office

Area: 0
Dimensions: 0 x 0

Heating

Forced Warm Air-Oil

Cooling

Central Air

Appliances

Included: Electric Range, Refrigerator, Electric Water Heater
Laundry: In Basement, Dryer Hookup, Washer Hookup

Features

Great Room, Main Level Bedroom, Workshop
Flooring: Carpet Over Hardwood, Hardwood, Vinyl
Doors: Storm Door(s)
Windows: Storm Window(s)
Basement: Exterior Entry,Heated,Walk-Out Access,Workshop
Attic: Scuttle
Number of fireplaces: 1
Fireplace features: 1 Fireplace

Interior area

Total structure area: 1,890
Total interior livable area: 1,890 sqft
Finished area above ground: 1,415
Finished area below ground: 475

Property

Parking

Parking features: Off Street, Concrete Drive
Has garage: Yes
Has uncovered spaces: Yes

Features

Levels: One
Exterior features: Garden

Lot

Size: 0.5 Acres
Features: Landscaped

Details

Parcel number: 24415022

Construction

Type & style

Home type: SingleFamily
Architectural style: Ranch
Property subtype: Single Family Residence

Materials

Brick, Vinyl Siding
Roof: Shingle

Condition

Year built: 1958

Utilities & green energy

Electric: AEP/Appalachian Powr
Sewer: Septic Tank
Water: City

Community & HOA

Community

Subdivision: Richland Hills Roundelay

Location

Region: Lynchburg

Financial & listing details

Price per square foot: $133/sqft
Tax assessed value: $241,100
Annual tax amount: $1,728
Date on market: 3/7/2024

Price history

Date	Event	Price
4/10/2024	Sold	$252,000$133/sqft
Source: LMLS #350889 Report a problem
3/7/2024	Pending sale	$252,000+2.9%$133/sqft
Source: LMLS #350889 Report a problem
3/7/2024	Listed for sale	$244,900$130/sqft
Source: LMLS #350889 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,025 +17.2%	$241,100 +24.2%
2024	$1,728	$194,200
2023	$1,728 +7.1%	$194,200 +33.6%
2022	$1,614	$145,400
2021	$1,614 +2.8%	$145,400 +2.8%
2020	$1,570	$141,400
2019	$1,570 +3%	$141,400 +3%
2018	$1,524 +0.6%	$137,300
2017	$1,515	$137,300 +0.6%
2016	$1,515	$136,500
2015	$1,515	$136,500 -6.5%
2014	$1,515	$146,000
2012	--	$146,000
2011	--	$146,000 +3%
2009	--	$141,700 +2%
2008	--	$138,900 +32.5%
2007	--	$104,800
2006	--	$104,800
2005	--	$104,800 +9.4%
2004	--	$95,800
2003	--	$95,800 +2.5%
2002	--	$93,500
2001	--	$93,500