$128,000
SOLD SEP 3, 2019

111 Phillips Cir Lynchburg, VA 24502

3 Beds
3 Baths
1,831 Sq Ft
0.5 Acres

Recently Sold

$70 Per Sq Ft

15% Below List Price

254 Days on Market

Highlights

  • Wood Flooring
  • 1-Story Property
  • Ceiling Fan
  • Bungalow

About This Home

As of September 2019

Nice home featuring 2-3 bedrooms on main level and Space used as an Apartment in basement.(rented last year for $500). Paved Driveway and detached 2 car garage on level lot within walking distance to Starbucks. Parking areas on both sides of home. Newer 30 year shingles, 2 new water heaters, back deck and front porch are all features that make this a great home. Basement leaked in some heavy rains this year. but has remained dry last several major rains. will need minor repair before renting again. Great home, great opportunity for supplemental income and is ready for you!

Last Agent to Sell the Property

Karl Miller

Mark A. Dalton & Co., Inc. License #0225094202 Listed on: 11/06/2018

Last Buyer's Agent

Josh Sutton

Mark A. Dalton & Co., Inc. License #0225201110

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,199

Year Built

  • Built in 1956

Lot Details

  • 0.5 Acre Lot

Home Design

  • Bungalow
  • Shingle Roof

Interior Spaces

  • 1,831 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan

Kitchen

  • Electric Range
  • Microwave

Flooring

  • Wood
  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Attic

  • Attic Access Panel
  • Pull Down Stairs to Attic

Finished Basement

  • Walk-Out Basement
  • Exterior Basement Entry

Schools

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

Utilities

  • Heat Pump System
  • Electric Water Heater
  • Septic Tank

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,199

Year Built

Built in 1956

Lot Details

0

Listing Details

  • FILLACRES: 0.5000
  • Directions: RT 221 to Phillips Cir by New Starbucks. to home on right.
  • ElementarySchool7: Sandusky Elem
  • HighSchool7: Heritage High
  • Lot Measurement: Acres
  • Lot Sq Ft: 21780.00
  • MiddleSchool7: Sandusky Midl
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • Year Built: 1956
  • FullBathBelowGrade: 1
  • Heating System: Heat Pump
  • Building Stories: One
  • Dwelling Styles: Bungalow
  • Officeden Len: 26.000
  • Officeden Wid: 12.000
  • Laundryroom Dim: 0.000 x 0.000
  • Living Room Dim: 20.000 x 13.000
  • Livingroom Len: 20.000
  • Livingroom Wid: 13.000
  • Masterbedroom Area: 130.000000
  • Master Bedroom Dim: 13.000 x 10.000
  • Masterbedroom Len: 13.000
  • Masterbedroom Wid: 10.000
  • Office Dim: 0.000 x 0.000
  • Other Room1 Area: 110.000000
  • Other Room1 Len: 10.000
  • Other Room2 Area: 144.000000
  • Other Room2 Len: 12.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 3.00
  • Bathrooms Display: 3 (3 0)
  • Lower Floor 1 Bedrooms: 3
  • Broker Approved: Yes
  • Legal Description: Phillips, BLK 4, LOTS 11-14
  • Reciprocal Listing: No
  • Second Bedroom: 11x9 Level: Level 1 Above Grade
  • Second Bedroom Area: 99.000000
  • Third Bedroom: 16x11 Level: Level 1 Above Grade
  • Third Bedroom Area: 176.000000
  • Above Grade Finished Sq Ft: 1209.00
  • ApplianceConvey: Dryer, Microwave, Range-Elec, Refrigerator, Washer
  • Has Attic: Access, Pull Down
  • Has Basement: Exterior Entrance, Finished, Walkout
  • Flooring: Carpet, Ceramic Tile, Hardwood, Vinyl
  • Year Built Exception: 0
  • Deck: 12x12 Level: Level 1 Above Grade
  • Den: 26x12 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 2
  • Interior Amenities: Ceiling Fan(s), Drywall, Main Level Bedroom
  • Dining Kitchen: 13x10 Level: Level 1 Above Grade
  • Laundry: Dryer Connection, Washer Connections
  • Living Room: 20x13 Level: Level 1 Above Grade
  • Master Bedroom: 13x10 Level: Level 1 Above Grade
  • Other Room 1: 10x11 Level: Below Grade
  • Other Room 2: 12x12 Level: Below Grade
  • Den Area: 312.000000
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 130.000000
  • LivingRoom Area: 260.000000
  • Est Other Room1 Dim: 10.000 x 11.000
  • Est Other Room2 Dim: 12.000 x 12.000
  • 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: Paved Drive

Garage/Parking

  • Garage Area: 667.000000
  • Garage Dim: 29.000 x 23.000
  • GarageLen: 29.000
  • GarageWid: 23.000

Utilities

  • Air Conditioner: 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: 1831.00

Tax Info

  • Estimated Taxes: 1199

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2018
Closed on
Aug 29, 2019
Sold by
Payne Leonard Kimball
Bought by
Brooks Michael L
Seller's Agent
Karl Miller
Mark A. Dalton & Co., Inc.
Buyer's Agent
Josh Sutton
Mark A. Dalton & Co., Inc.
List Price
$149,900
Sold Price
$128,000
Premium/Discount to List
-$21,900
-14.61%
Current Estimated Value
$256,320

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,320
Avg. Annual Appreciation
11.66%
Original Mortgage
$128,000
Outstanding Balance
$114,026
Interest Rate
3.7%
Mortgage Type
VA
Estimated Equity
$134,831

Purchase Details

Listed on
Jun 9, 2017
Closed on
Jul 7, 2017
Sold by
Taylor Dorothy M
Bought by
Payne William Hodges
Seller's Agent
Preston Davidson
Mark A. Dalton & Co., Inc.
Buyer's Agent
Karl Miller
Mark A. Dalton & Co., Inc.
List Price
$140,900
Sold Price
$138,000
Premium/Discount to List
-$2,900
-2.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.42%

Purchase Details

Closed on
Sep 28, 2012
Sold by
Taylor Howard W and Taylor Dorothy M
Bought by
Taylor Dorothy 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 Type Sale Price Title Company
Bargain Sale Deed $128,000 None Available
Deed $138,000 None Available
Gift Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $128,000 VA
Previous Owner $69,972 VA
Previous Owner $67,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/03/2019 09/03/19 Sold $128,000 -14.6% $70 / Sq Ft
07/18/2019 07/18/19 Pending -- -- --
11/06/2018 11/06/18 For Sale $149,900 +8.6% $82 / Sq Ft
07/07/2017 07/07/17 Sold $138,000 -2.1% $75 / Sq Ft
06/26/2017 06/26/17 Pending -- -- --
06/09/2017 06/09/17 For Sale $140,900 -- $77 / 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 $1,563 $175,600 $40,000 $135,600
2023 $1,563 $175,600 $40,000 $135,600
2022 $1,356 $131,700 $32,000 $99,700
2021 $1,462 $131,700 $32,000 $99,700
2020 $1,493 $134,500 $32,000 $102,500
2019 $1,493 $134,500 $32,000 $102,500
2018 $1,217 $114,200 $30,000 $84,200
2017 $1,268 $114,200 $30,000 $84,200
2016 $1,200 $108,100 $25,000 $83,100
2015 $1,200 $108,100 $25,000 $83,100
2014 $1,200 $113,500 $25,000 $88,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 315326

APN: 231-13-012