NOT LISTED FOR SALE

1010 Pierce St Lynchburg, VA 24501

College Hill Neighborhood

Estimated Value: $13,440 - $175,000

0.18 Acre
$447,669 Price per Acre
7,941 Sq Ft Lot

Last Sold March 19, 2024

Last sale price $13,000

Est. 528% increase in value since last sale

Current estimated payment $450/month

6 Days on Market

About This Lot

As of March 2024

Nice cleared lot conveniently located in Lynchburg. Zoned R-3 allowing multiple uses including single and mulit family. 55 ft of road frontage.

Last Agent to Sell the Property

Luther Maddy

Elite Realty License #0225248916 Listed on: 02/23/2024

Last Buyer's Agent

Luther Maddy

Elite Realty License #0225248916 Listed on: 02/23/2024

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $93

Lot Details

  • 7,941 Sq Ft Lot
  • Property is zoned R3

Schools

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

Utilities

  • Cable TV Available

Community Details

  • College Hill Subdivision
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 01047009

Property Details

Property Type

Land

Est. Annual Taxes

$93

Lot Details

0

Listing Details

  • BuildingOnProperty: None
  • Directions: US 29 to 12th St to Pierce St. Lot will be on your right.
  • Internet Providers: Comcast/Xfinity
  • Days On Market: No
  • Prop. Type: Land
  • Restrictions: Dblwides Not Allowed, Mobiles Not Allowed, Modulars Not Allowed
  • Garage Yn: No
  • Property Sub-Type: Unimproved Land
  • Subdivision Name: College Hill
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Disability Access: Rd Frnt State Paved
  • Accessible Transportation: State Maintained Rd
  • Bathrooms Display: 0 (0 0)
  • Broker Approved: Yes
  • Reciprocal Listing: No

Exterior Features

  • Road Frontage: 55.00

Utilities

  • Utilities: Cable Available, ElectricityAvailable, Sewer System Avail, Water System Avail
  • Utility Electric: American Electric

Schools

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

Lot Info

  • Best Use: Dvlp to Residential, Investment
  • Current Use: Unimproved
  • Zoning: R3
  • Acres: 0.1823
  • Lot Size Sq Ft: 7941.00
  • ResoLotSizeUnits: Acres
  • Parcel Number: 01047009
  • ResoLotSizeUnits: Acres

Rental Info

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

Tax Info

  • Estimated Taxes: 93

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2024
Closed on
Mar 13, 2024
Sold by
Kakar Ahmad Saleem
Bought by
Walker Ian E
Seller's Agent
Luther Maddy
Elite Realty
Buyer's Agent
Luther Maddy
Elite Realty
List Price
$14,000
Sold Price
$13,000
Premium/Discount to List
-$1,000
-7.14%
Views
12
Current Estimated Value
$81,610

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,610
Avg. Annual Appreciation
180.91%

Purchase Details

Listed on
Jun 9, 2022
Closed on
May 16, 2023
Sold by
Ray James Lee and Ray Arlene S
Bought by
Kakar Ahmad Saleem
Seller's Agent
Luther Maddy
Elite Realty
Buyer's Agent
Luther Maddy
Elite Realty
List Price
$9,000
Sold Price
$7,000
Premium/Discount to List
-$2,000
-22.22%
Views
200

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
108.96%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Walker Ian E $13,000 None Listed On Document
Kakar Ahmad Saleem $7,000 None Listed On Document
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/19/2024 03/19/24 Sold $13,000 -7.1% --
02/29/2024 02/29/24 Pending -- -- --
02/23/2024 02/23/24 For Sale $14,000 +100.0% --
05/17/2023 05/17/23 Sold $7,000 -12.5% $1 / Sq Ft
05/04/2023 05/04/23 Pending -- -- --
03/08/2023 03/08/23 Price Changed $8,000 -11.1% $1 / Sq Ft
06/09/2022 06/09/22 For Sale $9,000 -- $1 / 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 $93 $10,500 $10,500 $0
2023 $93 $10,500 $10,500 $0
2022 $31 $3,000 $3,000 $0
2021 $33 $3,000 $3,000 $0
2020 $33 $3,000 $3,000 $0
2019 $33 $3,000 $3,000 $0
2018 $8 $3,000 $3,000 $0
2017 $33 $3,000 $3,000 $0
2016 $33 $3,000 $3,000 $0
2015 $8 $3,000 $3,000 $0
2014 $8 $3,000 $3,000 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2024

    Luther Maddy

    Elite Realty

    (434) 337-0530

    4 in this area

    126 Total Sales

    Luther Maddy
    Section Image
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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 350712

APN: 010-47-009

Virginia Lynchburg City County Lynchburg 24501 College Hill

1010 Pierce St, Lynchburg, VA

This home is located at 1010 Pierce St, Lynchburg, VA 24501 since 23 February 2024 and is currently estimated at $81,610. 1010 Pierce 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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