1024 Main St Lynchburg, VA 24504
Central Business District Neighborhood
--
Bed
2
Baths
8,624
Sq Ft
2,508
Sq Ft Lot
Highlights
- 0.06 Acre Lot
- Pine Flooring
- Attic
- Mountain View
- Victorian Architecture
- 4-minute walk to Riverfront Skate Park
About This Home
As of January 2017LOFT POTENTIAL Historic S.O. Fisher Victorian C. 1888,prime Main Street location.4 St. Brick. 1st Floor 16 '.Heart pine flrs and ceilings. 2156 SF street level retail use with restaurant potential, 12' ceiling basement 2156 SF plus 3 full floors above with 6675 SF ideal for lofts. James River views from upper floors. Substantial Tax credits, enterpise Zone. Membrane roof <10years, Gas furnace <4 years. Almost 11000 SF of space. Motivated seller has sharply reduced price to $275K - a great opportunity.
Last Agent to Sell the Property
James Tracey
Lynchburg Home Real Estate & A License #0225051800 Listed on: 09/11/2012
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,518
Year Built
- Built in 1888
Lot Details
- 2,508 Sq Ft Lot
Home Design
- Victorian Architecture
- Plaster
Interior Spaces
- 2 Bathrooms
- 8,624 Sq Ft Home
- Pine Flooring
- Mountain Views
Attic
- Attic Floors
- Walkup Attic
Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
- Workshop
Schools
- Rs Payne Elementary School
- Pl Dunbar Midl Middle School
- Heritage High School
Utilities
- Forced Air Heating and Cooling System
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number 02464009
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 13, 2023
Sold by
Humboldt Squid Properties Llc
Bought by
Wu Xianjin and Huang Li Fang
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$615,000
Outstanding Balance
$600,131
Interest Rate
6.49%
Mortgage Type
Credit Line Revolving
Estimated Equity
$335,526
Purchase Details
Listed on
Sep 1, 2016
Closed on
Jan 10, 2017
Sold by
Truner Matthew L
Bought by
Humboldt Squid Properties Llc
Seller's Agent
Terri Proffitt
Consensus Real Estate Service
Buyer's Agent
Ricky Read
Coldwell Banker Commercial Rea
List Price
$650,000
Sold Price
$550,000
Premium/Discount to List
-$100,000
-15.38%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.39%
Original Mortgage
$467,500
Interest Rate
4.08%
Mortgage Type
Credit Line Revolving
Similar Homes in Lynchburg, VA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $820,000 | Old Republic National Title | |
| Deed | $550,000 | Advantage Title & Closing Ll |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $615,000 | Credit Line Revolving | |
| Previous Owner | $467,500 | Credit Line Revolving | |
| Previous Owner | $30,000 | Credit Line Revolving |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/17/2017 01/17/17 | Sold | $550,000 | -15.4% | $66 / Sq Ft |
| 01/09/2017 01/09/17 | Pending | -- | -- | -- |
| 09/01/2016 09/01/16 | For Sale | $650,000 | +150.0% | $78 / Sq Ft |
| 01/31/2013 01/31/13 | Sold | $260,000 | -5.5% | $30 / Sq Ft |
| 01/31/2013 01/31/13 | Pending | -- | -- | -- |
| 09/11/2012 09/11/12 | For Sale | $275,000 | -- | $32 / Sq Ft |
Source: Lynchburg Association of REALTORS®
Tax History Compared to Growth
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 | $7,173 | $806,000 | $79,300 | $726,700 |
| 2023 | $1,793 | $806,000 | $79,300 | $726,700 |
| 2022 | $8,115 | $787,900 | $79,300 | $708,600 |
| 2021 | $8,746 | $787,900 | $79,300 | $708,600 |
| 2020 | $5,457 | $491,600 | $79,300 | $412,300 |
| 2019 | $5,457 | $491,600 | $79,300 | $412,300 |
| 2018 | $2,788 | $470,100 | $42,800 | $427,300 |
| 2017 | $2,788 | $470,100 | $42,800 | $427,300 |
| 2016 | $2,788 | $470,100 | $42,800 | $427,300 |
| 2015 | $2,788 | $251,200 | $42,800 | $208,400 |
| 2014 | $2,788 | $148,800 | $42,800 | $106,000 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2017
Terri Proffitt
Consensus Real Estate Service
(434) 316-3471
26 in this area
37 Total Sales
-
Buyer's Agent in 2017
Ricky Read
Coldwell Banker Commercial Rea
(434) 455-2285
3 in this area
54 Total Sales
-
J
Seller's Agent in 2013
James Tracey
Lynchburg Home Real Estate & A
Map
Source: Lynchburg Association of REALTORS®
MLS Number: 274611
APN: 024-64-009
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