NOT LISTED FOR SALE

1022 Pierce St Lynchburg, VA 24501

College Hill Neighborhood

Estimated Value: $163,000 - $207,000

3 Beds
1.5 Baths
1,625 Sq Ft
$116/Sq Ft Est. Value

Last Sold March 29, 2024

Last sale price $179,000 $110 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $1,116/month

8 Days on Market

Highlights

  • Tennis Courts
  • Tile Flooring
  • Outdoor Storage
  • Formal Dining Room
  • Garden
  • Landscaped

About This Home

As of March 2024

This two story,move-in ready & updated home awaits you! This home offers 3 large sized bedrooms, & 1 full bath, & a 1/2 bath. Home updates recently include, new roof, new heat pump, new porch, new deck patio, all new flooring on both levels,completely updated kitchen, bathrooms, & the list goes on! The main level offers a large living room with fireplace, a separate dining room area, a new half bath, a large kitchen updated, & a laundry closet area. The 2nd floor offers a newly updated full bathroom, along with 3 large bedrooms with closets. Relax on the new 25x12 deck patio, or sit on your new front porch. Plenty of yard & room for off-street parking in the back of home, as home is on a large corner lot. This home was a family home, & was well maintained over the years, now with plenty of features & updates, it is ready for you & your family to call it home! Close to plenty of restaurants, schools, hospitals, downtown, & just off several local interstates. Make your appointment today

Last Agent to Sell the Property

Mike Osei

Long & Foster-Forest License #0225209432 Listed on: 02/14/2024

Long & Foster-Forest

Last Buyer's Agent

Jeremy Phillips

BHHS Dawson Ford Garbee-Forest License #0225211875

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $755

Year Built

  • Built in 1880

Lot Details

  • 7,135 Sq Ft Lot
  • Landscaped
  • Garden
  • Property is zoned R-3

Parking

  • Off-Street Parking

Home Design

  • Shingle Roof
  • Metal Roof

Interior Spaces

  • 1,625 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Living Room with Fireplace
  • Formal Dining Room
  • Crawl Space

Kitchen

  • Self-Cleaning Oven
  • Electric Range
  • Dishwasher

Flooring

  • Tile
  • Vinyl Plank

Bedrooms and Bathrooms

  • Bathtub Includes Tile Surround

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Home Security

  • Storm Doors
  • Fire and Smoke Detector

Outdoor Features

  • Outdoor Storage

Schools

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

Utilities

  • Forced Air Heating System
  • Heat Pump System
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 01047006

Community Details

Recreation

  • Tennis Courts

Building Details

  • Net Lease

Home Details

Home Type

Single Family

Est. Annual Taxes

$755

Year Built

Built in 1880

Lot Details

0

Listing Details

  • BuildingOnProperty: Storage Building
  • Directions: From downtown to 12th St, to right on Pierce St, to home on right with sign on the corner of Pierce & 11th St.
  • Internet Providers: Comcast/Xfinity, Verizon
  • Days On Market: No
  • Prop. Type: Residential
  • Year Built: 1880
  • Garage Yn: No
  • Foyer Area: 105.000000
  • Property Sub-Type: Single Family Residence
  • Above Grade Finished Sq Ft: 1625.00
  • Architectural Style: Two Story
  • Laundryroom Dim: 4.000 x 3.000
  • Office Dim: 0.000 x 0.000
  • Laundryroom Len: 4.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 2.00
  • Bathrooms Display: 2 (1 1)
  • Broker Approved: Yes
  • Reciprocal Listing: No
  • Has Attic: None
  • Has Basement: Crawl Space
  • Flooring: Tile, Vinyl Plank
  • Deck: 25x12 Level: Level 1 Above Grade
  • Formal Dining: 14x9 Level: Level 1 Above Grade
  • Foyer: 15x7 Level: Level 1 Above Grade
  • Level 2 Full Bathrooms: 1
  • First Level Half Bathrooms: 1
  • Interior Amenities: Cable Available, Cable Connections, Ceiling Fan(s), Drywall, High Speed Data Aval, Separate Dining Room, Smoke Alarm, Tile Bath(s)
  • Dining Kitchen: 15x13 Level: Level 1 Above Grade
  • Laundry: Dryer Connection, Laundry Closet, Main Level, Washer Connections
  • Laundry Room: 4x3 Level: Level 1 Above Grade
  • Living Room: 15x15 Level: Level 1 Above Grade
  • Master Bedroom: 15x12 Level: Level 2 Above Grade
  • Porch: 14x6 Level: Level 1 Above Grade
  • Appliances: Dishwasher, Range-Elec, Refrigerator, Self Cleaning Oven
  • Half Bathrooms: 1
  • Fireplace: 1 Fireplace, Living Room
  • Stories: Two
  • Third Bedroom: 13x9 Level: Level 2 Above Grade
  • Second Bedroom: 13x13 Level: Level 2 Above Grade
  • Room Bedroom3 Area: 117.000000
  • Room Master Bedroom Area: 180.000000
  • Room Kitchen Area: 195.000000
  • Room Living Room Area: 225.000000
  • Room Bedroom2 Area: 169.000000
  • MasterBedroomDimensions Dim: 15.000 x 12.000
  • Kitchen Dim: 15.000 x 13.000
  • Sunroom Dim: 0.000 x 0.000
  • Master Bedroom Master Bedroom Width: 12.000

Exterior Features

  • Roof: Metal, Shingle
  • New Construction: Completed
  • Exterior Features: Off-Street Parking, Garden Space, Landscaped, Storm Doors, Insulated Glass, Tennis Courts Nearby

Garage/Parking

  • Garage Dim: 0.000 x 0.000

Utilities

  • Utility Electric: AEP/Appalachian Powr
  • Cooling: Heat Pump
  • Sewer: City
  • Water Heater: Electric
  • Heating: Forced Warm Air-Gas, 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: 0.1638
  • Lot Size Sq Ft: 7135.00
  • ResoLotSizeUnits: Acres
  • Parcel Number: 01047006
  • ResoLotSizeUnits: Acres

Rental Info

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

Tax Info

  • Estimated Taxes: 755

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2024
Closed on
Mar 28, 2024
Sold by
Hamlett Joland J and Hamlett Stacey L
Bought by
Liebhaber Payton M
Seller's Agent
Mike Osei
Long & Foster-Forest
Buyer's Agent
Jeremy Phillips
BHHS Dawson Ford Garbee-Forest
List Price
$189,000
Sold Price
$179,000
Premium/Discount to List
-$10,000
-5.29%
Views
23
Current Estimated Value
$188,531

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,531
Avg. Annual Appreciation
3.44%
Original Mortgage
$173,630
Outstanding Balance
$171,832
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$16,282
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
Liebhaber Payton M $179,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Liebhaber Payton M $173,630
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2024 03/29/24 Sold $179,000 0.0% $110 / Sq Ft
02/22/2024 02/22/24 Pending -- -- --
02/20/2024 02/20/24 Price Changed $179,000 -5.3% $110 / Sq Ft
02/14/2024 02/14/24 For Sale $189,000 -- $116 / 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 $1,348 $151,500 $14,000 $137,500
2023 $605 $68,000 $14,000 $54,000
2022 $591 $53,200 $10,000 $43,200
2021 $591 $53,200 $10,000 $43,200
2020 $603 $54,300 $8,000 $46,300
2019 $603 $54,300 $8,000 $46,300
2018 $0 $53,600 $8,000 $45,600
2017 $595 $53,600 $8,000 $45,600
2016 $595 $53,600 $8,000 $45,600
2015 -- $45,500 $3,000 $42,500
2014 -- $45,500 $3,000 $42,500
Source: Public Records

Agents Affiliated with this Home

  • Mike Osei

    Seller's Agent in 2024

    Mike Osei

    Long & Foster-Forest

    (434) 444-6206

    14 in this area

    293 Total Sales

    Mike Osei
    Section Image
  • Jeremy Phillips

    Buyer's Agent in 2024

    Jeremy Phillips

    BHHS Dawson Ford Garbee-Forest

    (434) 221-8196

    1 in this area

    172 Total Sales

    Jeremy Phillips
    Section Image
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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 350523

APN: 010-47-006

Virginia Lynchburg City County Lynchburg 24501 College Hill

1022 Pierce St, Lynchburg, VA

This home is located at 1022 Pierce St, Lynchburg, VA 24501 since 14 February 2024 and is currently estimated at $188,531, approximately $116 per square foot. This property was built in 1880. 1022 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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