NOT LISTED FOR SALE

1100 Commerce St Lynchburg, VA 24504

Central Business District Neighborhood

Estimated Value: $1,541,456

-- Bed
-- Bath
18,012 Sq Ft
$86/Sq Ft Est. Value

About This Home

This home is located at 1100 Commerce St, Lynchburg, VA 24504 and is currently estimated at $1,541,456, approximately $85 per square foot. 1100 Commerce St is a home located in Lynchburg City with nearby schools including Perrymont Elementary School, Paul Laurence Dunbar Mid. for Innov., and Heritage High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 30, 2022
Sold by
Shay Borel Llc
Bought by
Tlf Holdings Llc
Current Estimated Value
$1,541,456

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Outstanding Balance
$962,336
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$448,178

Purchase Details

Closed on
Dec 22, 2008
Sold by
Borel Mark A and Borel Shayron C
Bought by
Shay Borel Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.99%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

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Average Value
Not Available
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
Tlf Holdings Llc $1,250,000 --
Shay Borel Llc $300,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tlf Holdings Llc $1,000,000
Previous Owner Shay Borel Llc $250,000
Previous Owner Shay Borel Llc $440,000
Previous Owner Shay Borel Llc $300,000
Previous Owner Borel Construction Company Inc $702,800
Source: Public Records

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 $10,733 $1,206,000 $181,900 $1,024,100
2023 $10,733 $1,206,000 $181,900 $1,024,100
2022 $11,847 $1,150,200 $181,900 $968,300
2021 $12,767 $1,150,200 $181,900 $968,300
2020 $12,228 $1,101,600 $181,900 $919,700
2019 $12,228 $1,101,600 $181,900 $919,700
2018 $8,185 $737,400 $84,500 $652,900
2017 $8,185 $737,400 $84,500 $652,900
2016 $8,185 $737,400 $84,500 $652,900
2015 $8,185 $737,400 $84,500 $652,900
2014 $8,185 $737,400 $84,500 $652,900
Source: Public Records

Map

Virginia Lynchburg City County Lynchburg 24504 Central Business District

1100 Commerce St, Lynchburg, VA

This home is located at 1100 Commerce St, Lynchburg, VA 24504 and is currently estimated at $1,541,456, approximately $85 per square foot. 1100 Commerce St is a home located in Lynchburg City with nearby schools including Perrymont Elementary School, Paul Laurence Dunbar Mid. for Innov., and Heritage High School.

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