NOT LISTED FOR SALE

Estimated Value: $105,000 - $133,483

2 Beds
1.5 Baths
937 Sq Ft
$123/Sq Ft Est. Value

Last Sold March 28, 2013

Last sale price $46,800 $50 Per Sq Ft

Est. 146% increase in value since last sale

Current estimated payment $677/month

79 Days on Market

Highlights

  • Bungalow
  • 1-Story Property
  • Garden
  • Ceramic Tile Flooring

About This Home

As of March 2013

Great investment opportunity in the City of Lynchburg. Renovated 2BR/1.5 Bath with spacious & open floor plan. Updates include newer roof, HVAC, kitchen cabinets, covered front porch, back deck & vinyl siding. Off street parking & convenient to Rivermont Area shopping/restaurants. Case#541-806089. Property Sold As-Is, Seller will make no repairs. Please visit www.HometelosFirst.com for all your education needs for HUD owned properties.

Last Agent to Sell the Property

Cheryl Daffner

DeWitt Real Estate & Auctions License #0225050494 Listed on: 11/26/2012

Last Buyer's Agent

Cindy Sanchez

BHHS Dawson Ford Garbee License #0225059824

BHHS Dawson Ford Garbee

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $828

Year Built

  • Built in 1908

Lot Details

  • 3,964 Sq Ft Lot
  • Garden
  • Property is zoned R-3

Home Design

  • Bungalow
  • Shingle Roof

Interior Spaces

  • 937 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathtub Includes Tile Surround

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Schools

  • Bedford Hills Elementary School
  • Linkhorne Midl Middle School
  • E. C. Glass High School

Utilities

  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 02221003

Home Details

Home Type

Single Family

Est. Annual Taxes

$828

Year Built

Built in 1908

Lot Details

0

Listing Details

  • FILLACRES: 0.0910
  • Directions: From Rivermont..head downtown to left on Bedford Ave (across from Exxon). Go to end & make left on Willow Street, continue to end to house on right (near dead-end of street)
  • ElementarySchool7: Bedford Hills Elem
  • HighSchool7: E. C. Glass High
  • Lot Measurement: Acres
  • Lot Sq Ft: 3964.00
  • MiddleSchool7: Linkhorne Midl
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 02221003
  • Year Built: 1908
  • Heating System: Heat Pump
  • Building Stories: One
  • Dwelling Styles: Bungalow
  • Laundryroom Dim: 0.000 x 0.000
  • Living Room Dim: 15.000 x 11.000
  • Livingroom Len: 15.000
  • Livingroom Wid: 11.000
  • 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: 20
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 2.00
  • Bathrooms Display: 2 (1 1)
  • Lower Floor 1 Bedrooms: 2
  • Broker Approved: Yes
  • Legal Description: Battery park, Pt Lot 7-8
  • Reciprocal Listing: No
  • Second Bedroom: 11x9 Level: Level 1 Above Grade
  • Second Bedroom Area: 99.000000
  • Above Grade Finished Sq Ft: 937.00
  • ApplianceConvey: None
  • Has Attic: None
  • Has Basement: Crawl Space
  • Flooring: Carpet, Ceramic Tile
  • Year Built Exception: 0
  • Deck: 8x8 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 1
  • First Level Half Bathrooms: 1
  • Interior Amenities: Tile Bath(s), Drywall, Main Level Bedroom
  • Dining Kitchen: 15x20 Level: Level 1 Above Grade
  • Laundry: Dryer Connection, Main Level, Washer Connections
  • Living Room: 15x11 Level: Level 1 Above Grade
  • Master Bedroom: 13x11 Level: Level 1 Above Grade
  • Porch: 6x19 Level: Level 1 Above Grade
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 300.000000
  • LivingRoom Area: 165.000000
  • 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: Garden Space

Garage/Parking

  • Garage Dim: 0.000 x 0.000

Utilities

  • Air Conditioner: Heat Pump
  • Sewer: City
  • Hot Water: City
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors

Schools

  • School District: Lynchburg

Lot Info

  • Lot Sq Ft: 937.00
  • Zoning: R-3

Tax Info

  • Estimated Taxes: 828

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 26, 2012
Closed on
Mar 27, 2013
Sold by
The Secretary Of Hud
Bought by
Wilterink Marissa Janelle
Seller's Agent
Cheryl Daffner
DeWitt Real Estate & Auctions
Buyer's Agent
Cindy Sanchez
BHHS Dawson Ford Garbee
List Price
$52,000
Sold Price
$46,800
Premium/Discount to List
-$5,200
-10%
Current Estimated Value
$115,121

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,321
Avg. Annual Appreciation
7.38%
Original Mortgage
$37,440
Outstanding Balance
$26,216
Interest Rate
3.37%
Mortgage Type
New Conventional
Estimated Equity
$88,905

Purchase Details

Closed on
Oct 30, 2012
Sold by
Dippel Allen T
Bought by
Secretary Of The Us Department Of Hud

Purchase Details

Closed on
Aug 19, 2008
Sold by
Engineered Systems Llc
Bought by
Dippel Allen T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,719
Interest Rate
6.69%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 21, 2008
Sold by
Jons Edward D and Jones Clara M
Bought by
Engineered Systems Llc

Purchase Details

Closed on
Aug 8, 2007
Sold by
Martin Charles Marcell
Bought by
Jones Edward D and Jones Clara M
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
Wilterink Marissa Janelle $46,800 None Available
Secretary Of The Us Department Of Hud $105,967 Fidelity National Title Insu
Dippel Allen T -- Mid States Title
Engineered Systems Llc $49,000 Fidelity National Title Ins
Jones Edward D -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilterink Marissa Janelle $37,440
Previous Owner Dippel Allen T $98,719
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/28/2013 03/28/13 Sold $46,800 -10.0% $50 / Sq Ft
02/13/2013 02/13/13 Pending -- -- --
11/26/2012 11/26/12 For Sale $52,000 -- $55 / 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
2025 $869 $103,500 $16,000 $87,500
2024 $786 $88,300 $12,000 $76,300
2023 $786 $88,300 $12,000 $76,300
2022 $802 $77,900 $9,000 $68,900
2021 $432 $77,900 $9,000 $68,900
2020 $765 $68,900 $6,000 $62,900
2019 $765 $68,900 $6,000 $62,900
2018 $765 $68,900 $6,000 $62,900
2017 $765 $68,900 $6,000 $62,900
2016 $765 $68,900 $6,000 $62,900
2015 $765 $68,900 $3,000 $65,900
2014 $765 $78,900 $3,000 $75,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 275767

APN: 022-21-003