NOT LISTED FOR SALE

1001 Polk St Lynchburg, VA 24504

College Hill Neighborhood

Estimated Value: $74,000 - $130,000

1 Bed
1 Bath
660 Sq Ft
$142/Sq Ft Est. Value

Last Sold June 25, 2021

Last sale price $65,000 $98 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $555/month

194 Days on Market

Highlights

  • 1-Story Property
  • Electric Baseboard Heater
  • Carpet

About This Home

As of June 2021

Great investment property! Current owner renovated the home back in 2017.

Last Agent to Sell the Property

Kandise Powell

RE/MAX 1st Olympic License #0225201499 Listed on: 11/16/2020

RE/MAX 1st Olympic

Last Buyer's Agent

Moyanne Harding

Keller Williams License #0225239748

Keller Williams

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $256

Year Built

  • Built in 1840

Lot Details

  • 3,006 Sq Ft Lot

Home Design

  • Shingle Roof

Interior Spaces

  • 660 Sq Ft Home
  • 1-Story Property
  • Crawl Space
  • Electric Range

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Schools

  • Perrymont Elementary School
  • Pl Dunbar Midl Middle School
  • Heritage High School

Utilities

  • Window Unit Cooling System
  • Electric Baseboard Heater
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 01009001

Home Details

Home Type

Single Family

Est. Annual Taxes

$256

Year Built

Built in 1840

Lot Details

0

Listing Details

  • FILLACRES: 0.0690
  • Directions: Park Ave. to a right on 8th St. to right on Polk St.
  • ElementarySchool7: Perrymont Elem
  • HighSchool7: Heritage High
  • Internet Providers: Comcast/Xfinity
  • Lot Measurement: Acres
  • Lot Sq Ft: 3006.00
  • MiddleSchool7: PL Dunbar Midl
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 01009001
  • Year Built: 1840
  • Heating System: Electric Baseboard
  • Building Stories: One
  • Dwelling Styles: Other, See Remarks
  • Laundryroom Dim: 0.000 x 0.000
  • Living Room Dim: 0.000 x 0.000
  • Masterbedroom Area: 80.000000
  • Master Bedroom Dim: 10.000 x 8.000
  • Masterbedroom Len: 10.000
  • Masterbedroom Wid: 8.000
  • Office Dim: 0.000 x 0.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 1.00
  • Bathrooms Display: 1 (1 0)
  • Lower Floor 1 Bedrooms: 1
  • Broker Approved: Yes
  • Legal Description: College Hill, Blk 314
  • Reciprocal Listing: No
  • Above Grade Finished Sq Ft: 660.00
  • ApplianceConvey: Dryer, Range-Elec, Refrigerator, Washer
  • Has Attic: None
  • Has Basement: Crawl Space
  • Flooring: Carpet, Vinyl
  • Year Built Exception: 0
  • Level 1 Full Bathrooms: 1
  • Interior Amenities: Other
  • Dining Kitchen: 0x0 Level: Level 1 Above Grade
  • Laundry: Dryer Connection, Washer Connections
  • Living Room: 0x0 Level: Level 1 Above Grade
  • Master Bedroom: 10x8 Level: Level 1 Above Grade
  • Livinggreat Room Dim: 0.000 x 0.000
  • Est Other Room1 Dim: 0.000 x 0.000
  • Est Other Room2 Dim: 0.000 x 0.000
  • Est Other Room3 Dim: 0.000 x 0.000
  • Rec Room Dim: 0.000 x 0.000
  • Sunroom Dim: 0.000 x 0.000

Exterior Features

  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: Other

Garage/Parking

  • Garage Dim: 0.000 x 0.000

Utilities

  • Utility Electric: AEP/Appalachian Powr
  • Air Conditioner: Window Unit(s)
  • Sewer: City
  • Hot Water: City
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors

Schools

  • School District: Lynchburg
  • School District: Lynchburg

Lot Info

  • Lot Sq Ft: 660.00

Tax Info

  • Estimated Taxes: 256

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2020
Closed on
Jun 24, 2021
Sold by
Western Expressions Llc
Bought by
Moore Aaron T
Seller's Agent
Kandise Powell
RE/MAX 1st Olympic
Buyer's Agent
Moyanne Harding
Keller Williams
List Price
$79,000
Sold Price
$65,000
Premium/Discount to List
-$14,000
-17.72%
Current Estimated Value
$93,599

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,599
Avg. Annual Appreciation
7.98%
Original Mortgage
$55,250
Outstanding Balance
$50,671
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$38,915

Purchase Details

Closed on
Nov 2, 2017
Sold by
Henry Eugene M and Henry Joyce L
Bought by
Western Expressions Llc

Purchase Details

Closed on
Sep 28, 2009
Sold by
Spencer Horace
Bought by
Henry Eugene M and Henry Joyce L

Purchase Details

Closed on
Nov 1, 2006
Sold by
Brown Harold V and Brown Calvins S
Bought by
Spencer Horace
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Moore Aaron T $65,000 Reliance Title
Western Expressions Llc $11,000 Old Republic Title
Henry Eugene M -- Advantage Title & Closing Ll
Spencer Horace -- Advantage Title & Claring
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moore Aaron T $55,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2021 06/25/21 Sold $65,000 -17.7% $98 / Sq Ft
05/29/2021 05/29/21 Pending -- -- --
11/16/2020 11/16/20 For Sale $79,000 -- $120 / Sq Ft
Source: Lynchburg Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $535 $60,100 $12,600 $47,500
2023 $535 $60,100 $12,600 $47,500
2022 $413 $40,100 $9,000 $31,100
2021 $445 $40,100 $9,000 $31,100
2020 $256 $23,100 $4,000 $19,100
2019 $256 $23,100 $4,000 $19,100
2018 $256 $23,100 $4,000 $19,100
2017 $256 $23,100 $4,000 $19,100
2016 $256 $23,100 $4,000 $19,100
2015 $256 $15,300 $1,000 $14,300
2014 $170 $6,500 $1,000 $5,500
Source: Public Records

Agents Affiliated with this Home

  • Kandise Powell

    Seller's Agent in 2021

    Kandise Powell

    RE/MAX

    (434) 509-7451

    5 in this area

    55 Total Sales

    Kandise Powell
    Section Image

  • M

    Buyer's Agent in 2021

    Moyanne Harding

    Keller Williams

    Section Image
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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 328409

APN: 010-09-001

Virginia Lynchburg City County Lynchburg 24504 College Hill

1001 Polk St, Lynchburg, VA

This home is located at 1001 Polk St, Lynchburg, VA 24504 since 16 November 2020 and is currently estimated at $93,599, approximately $141 per square foot. This property was built in 1840. 1001 Polk St is a home located in Lynchburg City with nearby schools including Perrymont Elementary School, Paul Laurence Dunbar Mid. for Innov., and Heritage High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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