NOT LISTED FOR SALE

1012 Biltmore Ave Lynchburg, VA 24502

Fort Hill Neighborhood

Estimated Value: $251,000 - $281,000

3 Beds
2 Baths
1,532 Sq Ft
$171/Sq Ft Est. Value

Last Sold May 05, 2017

Last sale price $150,000 $98 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $1,533/month

25 Days on Market

Highlights

  • Living Room with Fireplace
  • Wood Flooring
  • Screened Porch
  • Ranch Style House
  • Great Room
  • Storm Windows

About This Home

As of May 2017

Open Concept brick ranch that has been totally redone inside with beautifully refinished hardwoods, brand new windows and new paint throughout. Kitchen has been totally remodeled with brand new cabinets, countertops, and backsplash. Brand new stainless steel appliances including a french door refrigerator. The whole home has been updated with brand new lighting, new 6 panel doors & new carpet. Both bathrooms are updated new with new vanities and flooring. The unfinished basement has plenty of room to expand the home to have a total of 5 bedrooms if you so choose or could be ample storage for the home.

Last Agent to Sell the Property

Jannie Handy

Mark A. Dalton & Co., Inc. License #0225100373 Listed on: 03/31/2017

Last Buyer's Agent

Josh Redmond

Mark A. Dalton & Co., Inc. License #0225200760

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,418

Year Built

  • Built in 1957

Lot Details

  • 0.32 Acre Lot

Home Design

  • Ranch Style House
  • Shingle Roof

Interior Spaces

  • 1,532 Sq Ft Home
  • Ceiling Fan
  • Multiple Fireplaces
  • Great Room
  • Living Room with Fireplace
  • Den with Fireplace
  • Screened Porch
  • Storm Windows
  • Washer and Dryer Hookup

Kitchen

  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Attic

  • Storage In Attic
  • Attic Access Panel

Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Fireplace in Basement
  • Laundry in Basement

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,418

Year Built

Built in 1957

Lot Details

0

Listing Details

  • FILLACRES: 0.3190
  • Directions: Fort Avenue to Biltmore to Home on Right with the yellow door.
  • ElementarySchool7: Perrymont Elem
  • HighSchool7: Heritage High
  • Lot Measurement: Acres
  • Lot Sq Ft: 13896.00
  • MiddleSchool7: PL Dunbar Midl
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • Year Built: 1957
  • Heating System: Forced Warm Air-Gas
  • Building Stories: One
  • Dwelling Styles: Ranch
  • Officeden Len: 25.000
  • Officeden Wid: 13.000
  • Laundryroom Dim: 0.000 x 0.000
  • Living Room Dim: 19.000 x 13.000
  • Livingroom Len: 19.000
  • Livingroom Wid: 13.000
  • Masterbedroom Area: 143.000000
  • Master Bedroom Dim: 13.000 x 11.000
  • Masterbedroom Len: 13.000
  • Masterbedroom Wid: 11.000
  • Office Dim: 0.000 x 0.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 2.00
  • Bathrooms Display: 2 (2 0)
  • Lower Floor 1 Bedrooms: 3
  • Broker Approved: Yes
  • Legal Description: FORT HILL ADDN, BLK 5, LOT 11 & PT LOT 10
  • Reciprocal Listing: No
  • Second Bedroom: 11x10 Level: Level 1 Above Grade
  • Second Bedroom Area: 110.000000
  • Third Bedroom: 10x9 Level: Level 1 Above Grade
  • Third Bedroom Area: 90.000000
  • Above Grade Finished Sq Ft: 1207.00
  • ApplianceConvey: Dishwasher, Microwave, Range-Elec, Refrigerator, Self Cleaning Oven
  • Has Attic: Access, Storage Only
  • Has Basement: Exterior Entrance, Fireplace, Full, Heated, Interior Entrance, Walkout
  • Breakfast Area: 9x9 Level: Level 1 Above Grade
  • Flooring: Carpet, Vinyl, Wood
  • Year Built Exception: 0
  • Den: 25x13 Level: Below Grade
  • Fireplace: 2 Fireplaces, Den, Living Room
  • Level 1 Full Bathrooms: 2
  • Interior Amenities: Cable Available, Ceiling Fan(s), Drywall, Great Room, Main Level Bedroom, Master Bed w/ Bath
  • Dining Kitchen: 9x9 Level: Level 1 Above Grade
  • Laundry: Basement, Dryer Connection, Washer Connections
  • Living Room: 19x13 Level: Level 1 Above Grade
  • Master Bedroom: 13x11 Level: Level 1 Above Grade
  • Screened Porch: 14x9 Level: Level 1 Above Grade
  • Den Area: 325.000000
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 81.000000
  • LivingRoom Area: 247.000000
  • 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: Screened Porch, Storm Windows, Insulated Glass

Garage/Parking

  • Garage Dim: 0.000 x 0.000

Utilities

  • Air Conditioner: Central Electric
  • Sewer: City
  • Hot Water: City
  • Water Heater: Gas

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors

Schools

  • School District: Lynchburg
  • School District: Lynchburg

Lot Info

  • Lot Sq Ft: 1532.00

Tax Info

  • Estimated Taxes: 1418

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2017
Closed on
May 4, 2017
Sold by
Handy Kirk S and Handy Jannie M
Bought by
Palazzo Richard and Palazzo Theresa M
Seller's Agent
Jannie Handy
Mark A. Dalton & Co., Inc.
Buyer's Agent
Josh Redmond
Mark A. Dalton & Co., Inc.
List Price
$144,900
Sold Price
$150,000
Premium/Discount to List
$5,100
3.52%
Current Estimated Value
$261,874

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,874
Avg. Annual Appreciation
5.92%
Original Mortgage
$127,500
Outstanding Balance
$107,648
Interest Rate
4.23%
Mortgage Type
New Conventional
Estimated Equity
$135,730
Source: Public Records

Range of Values:

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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
Palazzo Richard $150,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palazzo Richard $127,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/05/2017 05/05/17 Sold $150,000 +3.5% $98 / Sq Ft
04/25/2017 04/25/17 Pending -- -- --
03/31/2017 03/31/17 For Sale $144,900 -- $95 / 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 $1,725 $193,800 $30,000 $163,800
2023 $1,725 $193,800 $30,000 $163,800
2022 $1,629 $158,200 $30,000 $128,200
2021 $1,756 $158,200 $30,000 $128,200
2020 $1,624 $146,300 $30,000 $116,300
2019 $1,624 $146,300 $30,000 $116,300
2018 $1,419 $127,800 $20,000 $107,800
2017 $1,419 $127,800 $20,000 $107,800
2016 $1,419 $127,800 $20,000 $107,800
2015 $1,419 $127,800 $20,000 $107,800
2014 $1,419 $127,800 $20,000 $107,800
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2017

    Jannie Handy

    Mark A. Dalton & Co., Inc.

    (434) 444-0560

    1 in this area

    42 Total Sales

    Jannie Handy
    Section Image

  • J

    Buyer's Agent in 2017

    Josh Redmond

    Mark A. Dalton & Co., Inc.

    (434) 386-1998

    32 in this area

    377 Total Sales

    Josh Redmond
    Section Image
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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 304332

APN: 054-12-017

Virginia Lynchburg City County Lynchburg 24502 Fort Hill

1012 Biltmore Ave, Lynchburg, VA

This home is located at 1012 Biltmore Ave, Lynchburg, VA 24502 since 31 March 2017 and is currently estimated at $261,874, approximately $170 per square foot. This property was built in 1957. 1012 Biltmore Ave 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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