NOT LISTED FOR SALE

1043 Oakmont Cir Lynchburg, VA 24502

Estimated Value: $233,245 - $342,000

4 Beds
2 Baths
1,875 Sq Ft
$150/Sq Ft Est. Value

Last Sold June 08, 2016

Last sale price $125,000 $67 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $1,639/month

40 Days on Market

About This Home

As of June 2016

Great location, primarily single-family neighborhood. Long-term tenants. Brick exterior, ceramic baths, built-in appliances, asphalt driveway, window blinds and outside storage buildings included. Near bus route on Timberlake Road.

Last Agent to Sell the Property

Timothy Cash

BHHS Dawson Ford Garbee-Forest License #0225191747 Listed on: 04/29/2016

Last Buyer's Agent

Karl Miller

Mark A. Dalton & Co., Inc. License #0225094202

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,302

Year Built

  • Built in 1971

Lot Details

  • 0.46 Acre Lot

Parking

  • Off-Street Parking

Home Design

  • 1,875 Sq Ft Home

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Schools

  • Heritage Elementary School
  • Sandusky Midl Middle School
  • Heritage High School

Utilities

  • Heat Pump System
  • Electric Water Heater
  • Septic Tank

Community Details

  • Water Sewer Expense $340
  • New Taxes Expense $1,302
  • Gross Income $11,580

Listing and Financial Details

  • Assessor Parcel Number 25404010

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,302

Year Built

Built in 1971

Lot Details

0

Listing Details

  • FILLACRES: 0.4640
  • Directions: Take Oakmont Circle across from Sears on Timberlake Road, right on Oakmont Circle, property on left, sign on property.
  • ElementarySchool7: Heritage Elem
  • HighSchool7: Heritage High
  • Lot Measurement: Acres
  • Lot Sq Ft: 20212.00
  • MiddleSchool7: Sandusky Midl
  • Days On Market: No
  • Property Subtype1: Multi-Family
  • Prop. Type: Multi-Family
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 25404010
  • Year Built: 1971
  • Heating System: Heat Pump
  • Unit Info Number Unfurnished Units: 2
  • Taxes Expense: 1302.00
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Broker Approved: Yes
  • Legal Description: TRAYLOR CIRCLE, LOTS 150-153
  • Reciprocal Listing: No
  • Flooring: Carpet, Ceramic Tile, Vinyl
  • Year Built Exception: 0
  • Walls: Drywall

Garage/Parking

  • Parking: Off Street Parking, Paved Drive

Utilities

  • Cooling: Heat Pump
  • Sewer: Septic Tank
  • Hot Water: City
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors

Schools

  • School District: Lynchburg
  • School District: Lynchburg

Lot Info

  • Lot Sq Ft: 1875.00

Rental Info

  • Types Of Leases: Month to Month

Tax Info

  • Estimated Taxes: 1302

Multi Family

  • Annual Gross Income: 11580.00
  • Water Expense: 340.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 23, 2023
Sold by
Havill John D and Havill Rebecca J
Bought by
4Him Rental Properties Llc
Current Estimated Value
$280,561

Purchase Details

Listed on
Apr 29, 2016
Closed on
Jun 8, 2016
Sold by
Douglas Melvin K and Douglas Karen E
Bought by
Havill John D and Havill Rebecca J
Seller's Agent
Timothy Cash
BHHS Dawson Ford Garbee-Forest
Buyer's Agent
Karl Miller
Mark A. Dalton & Co., Inc.
List Price
$124,900
Sold Price
$125,000
Premium/Discount to List
$100
0.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
3.66%
Mortgage Type
New Conventional
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
4Him Rental Properties Llc -- None Listed On Document
Havill John D $125,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Havill John D $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/08/2016 06/08/16 Sold $125,000 +0.1% $67 / Sq Ft
06/08/2016 06/08/16 Pending -- -- --
04/29/2016 04/29/16 For Sale $124,900 -- $67 / 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 $1,727 $194,100 $40,000 $154,100
2023 $1,727 $194,100 $40,000 $154,100
2022 $1,605 $155,800 $35,000 $120,800
2021 $1,729 $155,800 $35,000 $120,800
2020 $1,381 $124,400 $35,000 $89,400
2019 $1,381 $124,400 $35,000 $89,400
2018 $1,302 $117,300 $30,000 $87,300
2017 $1,302 $117,300 $30,000 $87,300
2016 $1,302 $117,300 $30,000 $87,300
2015 $1,302 $117,300 $30,000 $87,300
2014 $1,302 $123,900 $30,000 $93,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 298250

APN: 254-04-010