Hot Market or Cooling Down? This Week’s Real Estate Rundown

In the Greater Lynchburg region, several noteworthy real estate transactions took place recently, highlighting diverse investments in residential properties.

In the City of Lynchburg, the highest transaction was the sale of a property at 118 Courtney Springs Drive, valued at $575,000. Elmwood Holdings LLC completed the new construction of this home, reflecting the continued demand for newly built residences in the area. Other notable transactions included new constructions at 917 and 921 Elmwood Ave., both valued at $350,000. The City of Lynchburg also saw several renovations and repairs, including a $50,088 repair at 328 Biltmore Ave. and a renovation at 1938 Royal Oak Drive valued at $48,262.

In Lynchburg’s neighboring areas, Amherst County recorded its highest transaction of $296,000. This involved Linda B. Dellamea selling property to Brandon Lee Cox, involving two lots in Meeks Subdivision. In addition to the higher-end transaction, other deals included a $270,000 sale in Old Stage Run Subdivision and properties with transactions around $165,000.

Appomattox County saw its largest real estate transaction of $220,000, with Viper Investments LLC selling a property to Brian O’Neal Horsley Jr. and Ceyannah Thompson on Pine St. Other significant deals were also completed, such as a $175,000 sale of a property along the Richmond Highway. It is clear from these transactions that residential properties in rural areas are still in demand but at more moderate price points compared to the more urban regions of the Greater Lynchburg area.

In Bedford County, the highest recorded sale was made by Dawn Michelle Lambert with EXP REALTY LLC - SML for a property at Bass Cove Subdivision at 317 Bass Cove Rd, Huddleston, valued at $1.9 million, marking the area's most significant transaction.

This was followed by a $1.78 million sale made next door at 319 Bass Cove Rd, Huddleston by Jill Rufus with Exp Realty LLC. These transactions are indicative of a Smith Mountain Lake trend toward larger, more expensive properties in Bedford County, with new developments being a significant focus. However, the county also saw more modest transactions, including properties selling for under $50,000 in some areas.

Campbell County’s largest transaction was a $1.6 million sale of 1305 Mortimer Drive by J Miles Holdings LLC. This sale is continued interest in properties located in suburban areas with proximity to Lynchburg.

Other transactions in Campbell County ranged from $40,000 to $265,000, showing the diversity in property values in this region.

Overall, the Greater Lynchburg real estate market reveals a trend of higher-end new construction properties in urban areas, while more moderate transactions continue to dominate in rural counties. Large transactions continue in Bedford County and are prevalent in Campbell County, while more affordable options can be found in Lynchburg and its surrounding areas.

City of Lynchburg

1. Siya Ram LLC to The Lynchburg Grand Hotel LLC. 601 Main St., $5.1 million
2. Bentley Grove LLC to Louis W. and Jean V. Cheng. Lot 38, Bentley Grove, $515,000
3. Ashby J. and Whitney H. Perrow to Paul Whitehead III. Lots 11-15, block 1, Mountain View Acres, $500,000
4. Gary M. Foster and Colby D. Durham to Robert J. and Saydra JH Doyle. New lot 38, Mountain View, $300,000
5. Heritage Pointe LLC to Thomas Brian and Fern Nadine Moffat. Lot 93, Heritage Court Townhomes, $287,000
6. Joshua O’Neal to Nicole Fawcett. 308 Blackhawke Drive, $259,900
7. Christopher George Jones Sr. to Joshua Oppenheimer, Nathaniel Oppenheimer, and Caleb Oppenheimer. 309 Blackhawke Drive, $269,900
8. Mervin and Valerie Lambright to Benjamin R. and Abigail R. Kilian. Lot 2, section 5, Sandusky Hills, $399,000
9. Vanessa S. Cannon to Tyrone L. Canada Sr. and Evelyn A. Wright. Lot 15, section C, Bedford Hills, $384,900
10. Thomas Powell and Dena Helms and Allison Bishop to Kalista Nicole Decker. 4915 Windsor Ave., $205,000
11. David Samuel Chamberlin to PWSH LLC. Lots 19 and 20, and ½ feet of lot 21, Edgewood, $200,000
12. Cruz Garner, Emma Dyess and Thomas Garner to Andrew D. Shifflett. 3412 Daniel Ave., $185,000
13. CPG Investments LLC to Taylor Critchley. 1512-1514 Augusta St., $179,900
14. Donald S. Franklin Jr. and Patrica P. Franklin to Dennis Ray and Virginia Mills. 623 Wyndhurst Drive, Unit 4, $175,900
15. NBS Real Estate LLC to Ifeanyichukwu D. Onukogu. Lots 10-15, Mountain View Addition, $175,000
16. Genius Enterprise LLC to Tyler Collisi. 1009 Cabell St., $155,000
17. Standley LLC Seren Skelley. 3218 Maryland Ave., $159,000
18. Diane Anderson to Glass Stone LLC. Lot 45, block 7, Rivermont Company, $110,000
19. Boxwood Investments LLC to NVR, Inc. Lots 49 and 50, Creekside Reserve, $92,250
20. QS & B Enterprises LLC to Rosene Properties LLC. 903 Fillmore St., $48,000
21. Golden Rule Residential LLC to Milk & Honey Properties LLC. 1105 Knight St., $34,500
22. Raymond M. Snyder to Juan F. Chicas. Lots 19-21, Fairview Heights, $20,000
23. Brenda C. Cardona to D&D Land Holdings LLC. Tract 9, Holiday Forest, $10,000

Amherst County

1. Linda B. Dellamea to Brandon Lee Cox. Lot 6 and 7, Meeks Subdivision, $296,000
2. Kim Buchanan Wright and Sharon Lewis Gunnell to Jerod A. and Kate N. Folk. Lot 30, Old Stage Run Subdivision, $270,000
3. J and S Campbell Properties LLC to John Grant and Rachel Dawn Knaus. Lot 6, block A, Mountcastle, $255,000
4. Kylie Maire Kidd to Stephen M. and Chelsea S. Flint. 210 Depot St., $245,000
5. Brandon and Kinsley Cox to Sabrina Foster. 2224 Galts Mill Road, $189,900
6. Mickey R. Good and Joyce S. Good to Hudson C. and Kendra R. Burkholder. 314 Amethyst Lane, $165,000

Appomattox County

1. Viper Investments LLC to Brian O’Neal Horsley Jr. and Ceyannah Thompson. 123 Pine St., $220,000
2. McDonough Properties LLC to Ideal Design Services Inc. 11799 Richmond Highway, $175,000
3. David L. Doss to Lewis Moore. 5863 Oakville Road, $150,000
4. Good Life LLC and The Way LLC to Janine Marie and Thomas John Colasurdo. Lot 3, section 2, Ripley Ridge, $129,500

Bedford County

1. Yum-Frog LLC to Carter and Sheila Burkey. Lot 4, section 1, Bass Cove Subdivision, $1,900,000
2. Yum-Frog LLC to Jose Perez-Torres and Irma Bernal Perez. Lot 3, section 1, Bass Cove Subdivision, $1,780,000
3. Sundance Design & Build LLC to Samuel Prigmore and Veronika Kelly Wells. Lot 6, section 2, Farmington at Forest, $424,900
4. Frederick D. Rivers III and Nidia L. Rivers to Matthew and Sydney Shier. Lot 25, Virginia Ridge, $440,000
5. Herman Calloway Jr. and Germaine D. Calloway to Amanda N. Daniele Minnie. Lot 13, section 16, Peters Estate, $410,000
6. Brian L. Hufhand to Kittrell Revocable Living Trust. Lot 27, section 7, Farmington at Forest, $660,000
7. Louis R. and Anella M. Monacell to Timothy M. and Rebecca J. Simmons. Unit 57, phase 5, Mariner’s Village Condominium, $368,000
8. Frances L. Jackson to Brian K. Young. Lot 8, section 2, Lake View Estates, $590,000
9. Joshua Hair and Paige Hair to Kevin W. Yopp. Lot 4, revised plat of Goodview Estates, $172,000
10. Turner Brothers Enterprises Inc. to Caleb H. Vickery. Lot A, remaining “Woodford,” Town of Bedford, $115,000
11. T&A Ventures LLC to Stephen Milacci. Lot 6, Murray Farm Subdivision, $130,000
12. Michelle S. Bacon to Gerald J. Rupiper. Tract A2, 1.501 acres, Va. 886, $23,000
13. Walter E. Rieley and Alma D. Rieley to Jamie Leigh Akers and Christopher William Burnett. Two parcels, Va. 690, 1.068 acres, $17,500
14. Dan Wade and Amando Calhoun to Solid Ground Sales LLC. Lot 3, section II, Shade Tree, $18,000

 Campbell County

1. J Miles Holdings LLC to Trail River Rand LLC. 1305 Mortimer Drive, $1.6 million
2. Charles Benjamin Arthur III and William C. Arthur to R.P. Fralin Land Company LLC. Parcel, Depot Road, 64.47 acres, $1,050,000
3. Aguilera Construction Inc. to Margaret Powell. 4616 Colonial Highway, $441,900
4. Nathaniel and Aryelle Daugherty to Good Life LLC and The Way LLC. 6138 Village Highway, $265,000
5. Raven N. Walker and Mateo Acosta to Grato Holdings LLC. Lot 5, block 19, Town of Altavista, $247,900
6. Richard Power II to Mary Rogers Farmer. Lot 10, Winden Hills, $240,000
7. Nancy C. Eldredge to Thomas A. and Christian R. Youngblood. 707 Red House Road, $281,000
8. Sarah L. Whaley and Sharo L. Whaley to Melissa D. Harrison. Lot 7, section 3, Village at Greenview, $219,900
9. Schawn S. Penn-Lee, Yolanda P. Poindexter, and Schrae Evelyn Penn to Michelle Bridger LLC. Parcel, 27.15 acres, Meadowbrook Lane, $40,000
10. Brenda C. Cardona to D&D Land Holdings LLC. Tract 9, Holiday Forest, $10,000

 Building permits

City of Lynchburg

1. Elmwood Holdings LLC, 118 Courtney Springs Drive, new construction, $575,000
2. Elmwood Holdings LLC, 114 Courtney Springs Drive, new construction, $450,000
3. Sage Construction, 917 Elmwood Ave., new construction, $350,000
4. Sage Construction, 921 Elmwood Ave., new construction, $350,000
5. Foster Builder Inc., 718 Elmwood Ave., new construction, $350,000
6. Andrea Campbell, 328 Biltmore Ave., repair, $50,088
7. James Cure, 1938 Royal Oak Drive, renovation, $48,262
8. Bell Terrace Developers LLC, 124 Palmer Drive, renovation, $40,000
9. Nathaniel Rock, 1500 Fort Manor Drive, renovation, $36,572
10. Keith Dawson, 1424 Brookville Lane, renovation, $22,916
11. Haider Syed, 3110 Richmond St., repair, $15,000
12. Joshua Okrah, 1028 Long Meadows Drive, addition, $14,000
13. Kenneth May, 137 Rockwell Road, addition, $14,000
14. Glenn Hussein, 1124 Rugby Road, addition, $12,500
15. Glenn Cyrus, 7007 Middleview St., addition, $5,923.07
16. Luiz Penalva, 708 Perrymont Ave., renovation, $5,533
17. Rafael Nunez, 1100 Jackson St., renovation, $3,793
18. Robert Finke, 5104 Wedgewood Road, renovation, $3,386
19. Jacob Bushnell, 114 Buckingham Drive, renovation, $4,000
20. Joshua Rosene, 504 Amherst St., new construction, $85,000
21. William Perdue, 301 Chambersville St., repair, $1,000
22. Brent Stevens, 204 Euclid Ave., repair, $60,000