NOT LISTED FOR SALE

1006 Buchanan St Lynchburg, VA 24501

College Hill Neighborhood

Estimated Value: $149,000 - $220,000

3 Beds
2.5 Baths
1,645 Sq Ft
$117/Sq Ft Est. Value

Last Sold April 09, 2024

Last sale price $199,900 $122 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $1,181/month

10 Days on Market

Highlights

  • River Nearby
  • Great Room
  • Laundry Room
  • Wood Flooring
  • Fireplace
  • Tankless Water Heater

About This Home

As of April 2024

Welcome to this stunning, newly renovated 3-bedroom, 2.5-bathroom main level bedroom home that seamlessly blends modern elegance w/ classic charm & rear off St parking. A perfect combination of comfort & style, w/ a spacious open-concept living area. The gourmet kitchen boasts stainless steel appliances, tile backsplash, & quartz countertops! The main level ensuite primary bedroom features a luxurious spa-like shower w/ a rustic barn door separating the space. Two additional bedrooms & a full bath offer flexibility for your family & guest. The beautifully updated bathrooms are designed with meticulous attention to detail. This home is filled with natural light, highlighting the freshly refinished hardwood floors & custom finishes throughout. A cozy electric fireplace is adorned by a reclaimed wooden mantle which adds to the modern & traditional feel of this home! Convenient location close to downtown, shopping, & dining! Home is in rehab tax abatement program, see letter for details!

Last Agent to Sell the Property

Teresa Grant

Keller Williams License #0225087218 Listed on: 03/05/2024

Keller Williams

Last Buyer's Agent

Kevin Ilozor

Century 21 ALL-SERVICE License #0225261761

Century 21 ALL-SERVICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $420

Year Built

  • Built in 1890

Lot Details

  • 5,293 Sq Ft Lot
  • Landscaped
  • Garden
  • Property is zoned R-3

Parking

  • Off-Street Parking

Home Design

  • Shingle Roof
  • Metal Roof

Interior Spaces

  • 1,645 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Great Room
  • Crawl Space
  • Electric Range

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • Bathtub Includes Tile Surround

Laundry

  • Laundry Room
  • Laundry on main level

Outdoor Features

  • River Nearby

Schools

  • Rs Payne Elementary School
  • Pl Dunbar Midl Middle School
  • Heritage High School

Utilities

  • Heat Pump System
  • Tankless Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • College Hill Subdivision
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 01050012

Home Details

Home Type

Single Family

Est. Annual Taxes

$420

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Directions: Where Fort Avenue turns to Park Ave ( right past Kemper St.) Make a right onto Buchanan Street. Home is on the left.
  • Internet Providers: Comcast/Xfinity
  • Days On Market: No
  • Prop. Type: Residential
  • Year Built: 1890
  • Garage Yn: No
  • Foyer Area: 55.250000
  • Property Sub-Type: Single Family Residence
  • Subdivision Name: College Hill
  • Above Grade Finished Sq Ft: 1645.00
  • Architectural Style: Story and a half
  • Laundryroom Dim: 6.500 x 6.500
  • Office Dim: 6.500 x 5.500
  • Laundryroom Len: 6.500
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 3.00
  • Bathrooms Display: 3 (2 1)
  • Broker Approved: Yes
  • Reciprocal Listing: No
  • Has Attic: None
  • Has Basement: Crawl Space
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Formal Dining: 14x11 Level: Level 1 Above Grade
  • Foyer: 6.50x8.50 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 1
  • Level 2 Full Bathrooms: 1
  • First Level Half Bathrooms: 1
  • Interior Amenities: Cable Available, Great Room, High Speed Data Aval, Main Level Bedroom, Primary Bed w/Bath, Tile Bath(s)
  • Dining Kitchen: 12x11.50 Level: Level 1 Above Grade
  • Laundry: Main Level, Separate Laundry Rm.
  • Laundry Room: 6.50x6.50 Level: Level 1 Above Grade
  • Living Room: 14x14 Level: Level 1 Above Grade
  • Master Bedroom: 13x11.50 Level: Level 1 Above Grade
  • Office: 6.50x5.50 Level: Level 2 Above Grade
  • Other Room 1: 8x8.50 Level: Level 1 Above Grade
  • Porch: 20x7 Level: Level 1 Above Grade
  • Additional Room 1 Description: Primary Bath
  • Appliances: Range-Elec, Refrigerator
  • Half Bathrooms: 1
  • Fireplace: 1 Fireplace, Great Room
  • Stories: One and One Half
  • Third Bedroom: 14x11 Level: Level 2 Above Grade
  • Second Bedroom: 14x14 Level: Level 2 Above Grade
  • Room Bedroom3 Area: 154.000000
  • Room Master Bedroom Area: 149.500000
  • Room Kitchen Area: 138.000000
  • Room Living Room Area: 196.000000
  • Room Office Area: 35.750000
  • Room Bedroom2 Area: 196.000000
  • MasterBedroomDimensions Dim: 13.000 x 11.500
  • Kitchen Dim: 12.000 x 11.500
  • Sunroom Dim: 0.000 x 0.000
  • Master Bedroom Master Bedroom Width: 11.500

Exterior Features

  • Roof: Metal, Shingle
  • New Construction: Completed
  • Exterior Features: Off-Street Parking, River Nearby, Garden Space, Landscaped
  • Patio: 14x7 Level: Level 1 Above Grade

Garage/Parking

  • Garage Dim: 0.000 x 0.000

Utilities

  • Utility Electric: AEP/Appalachian Powr
  • Cooling: Heat Pump
  • Sewer: City
  • Water Heater: Electric, Tankless
  • Heating: Heat Pump
  • Water Source: City

Schools

  • Elementary School: RS Payne Elem
  • High School: Heritage High
  • Middle School: PL Dunbar Midl
  • Junior High Dist: Lynchburg

Lot Info

  • Zoning: R-3
  • Acres: 0.1215
  • Lot Size Sq Ft: 5293.00
  • ResoLotSizeUnits: Acres
  • Parcel Number: 01050012
  • ResoLotSizeUnits: Acres

Rental Info

  • Sub Lease: No
  • Sub Lease Expiration Date: 1800-01-01T00:00:00.001-05:00

Tax Info

  • Estimated Taxes: 420

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2024
Closed on
Apr 3, 2024
Sold by
Trinity Properties Va Llc
Bought by
Ilozor Kevin and Ilozor Kevin C
Seller's Agent
Teresa Grant
Keller Williams
Buyer's Agent
Kevin Ilozor
Century 21 ALL-SERVICE
List Price
$199,900
Sold Price
$199,900
Views
43
Current Estimated Value
$192,547

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,353
Avg. Annual Appreciation
1.62%
Original Mortgage
$193,100
Outstanding Balance
$191,116
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$13,297

Purchase Details

Closed on
Mar 23, 2023
Sold by
Yuco Property Partners Llc
Bought by
Trinity Properties Va Llc

Purchase Details

Closed on
Aug 13, 2020
Sold by
Elladay Properties Llc
Bought by
Yuco Property Partners Llc

Purchase Details

Closed on
Apr 4, 2015
Sold by
Home Equity Investments Llc
Bought by
Tolbert Matthew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,000
Interest Rate
3.86%
Mortgage Type
New Conventional
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
Ilozor Kevin $199,900 Fidelity National Title
Trinity Properties Va Llc $50,000 Old Republic National Title
Yuco Property Partners Llc $55,000 Pike Title
Tolbert Matthew $100,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ilozor Kevin $193,100
Previous Owner Tolbert Matthew $130,900
Previous Owner Tolbert Matthew $8,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/09/2024 04/09/24 Sold $199,900 0.0% $122 / Sq Ft
03/16/2024 03/16/24 Pending -- -- --
03/11/2024 03/11/24 Price Changed $199,900 0.0% $122 / Sq Ft
03/11/2024 03/11/24 For Sale $199,900 -7.0% $122 / Sq Ft
03/05/2024 03/05/24 Pending -- -- --
03/05/2024 03/05/24 For Sale $214,900 -- $131 / 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 $1,609 $180,800 $14,000 $166,800
2023 $286 $32,100 $14,000 $18,100
2022 $420 $37,800 $10,000 $27,800
2021 $420 $37,800 $10,000 $27,800
2020 $515 $46,400 $8,000 $38,400
2019 $515 $46,400 $8,000 $38,400
2018 $508 $45,800 $8,000 $37,800
2017 $508 $45,800 $8,000 $37,800
2016 $508 $45,800 $8,000 $37,800
2015 $381 $40,600 $2,000 $38,600
2014 $451 $40,600 $2,000 $38,600
Source: Public Records

Agents Affiliated with this Home

  • Teresa Grant

    Seller's Agent in 2024

    Teresa Grant

    Keller Williams

    (434) 546-3202

    4 in this area

    292 Total Sales

    Teresa Grant
    Section Image

  • K

    Buyer's Agent in 2024

    Kevin Ilozor

    Century 21 ALL-SERVICE

    1 in this area

    16 Total Sales

    Kevin Ilozor
    Section Image
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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 350892

APN: 010-50-012

Virginia Lynchburg City County Lynchburg 24501 College Hill

1006 Buchanan St, Lynchburg, VA

This home is located at 1006 Buchanan St, Lynchburg, VA 24501 since 05 March 2024 and is currently estimated at $192,547, approximately $117 per square foot. This property was built in 1890. 1006 Buchanan St is a home located in Lynchburg City with nearby schools including Robert S. Payne Elementary School, Paul Laurence Dunbar Mid. for Innov., and Heritage High School.

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