NOT LISTED FOR SALE

Estimated Value: $268,000 - $307,000

4 Beds
2.5 Baths
2,921 Sq Ft
$97/Sq Ft Est. Value

Last Sold December 29, 2021

Last sale price $218,000 $75 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $1,699/month

12 Days on Market

Highlights

  • Cape Cod Architecture
  • Wood Flooring
  • Workshop
  • Mountain View
  • Main Floor Bedroom
  • Formal Dining Room

About This Home

As of December 2021

Fantastic opportunity to own an investment property in the City of Lynchburg! Conveniently located near downtown and less than 2 miles from several local universities this property has amazing rental potential. The entire home has had recent updates and has a very spacious floor plan. The home has a basement apartment with a separate entrance with great income potential. Live upstairs and rent the downstairs unit, or rent the entire home as a duplex! There are endless possibilities with this property!

Last Agent to Sell the Property

Bill Gearhart

Coldwell Banker Townside License #0225107794 Listed on: 11/09/2021

Coldwell Banker Townside

Last Buyer's Agent

Nina Davenport

Mark A. Dalton & Co., Inc. License #0225225904

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1957

Lot Details

  • 0.26 Acre Lot
  • Landscaped

Home Design

  • Cape Cod Architecture
  • Shingle Roof

Interior Spaces

  • 2,921 Sq Ft Home
  • 1.5-Story Property
  • Living Room with Fireplace
  • Formal Dining Room
  • Workshop
  • Mountain Views
  • Attic Access Panel

Kitchen

  • Electric Range
  • Microwave

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • Walk-In Closet

Finished Basement

  • Heated Basement
  • Interior and Exterior Basement Entry
  • Apartment Living Space in Basement
  • Workshop
  • Laundry in Basement

Home Security

  • Storm Doors
  • Fire and Smoke Detector

Schools

  • Perrymont Elementary School
  • Pl Dunbar Midl Middle School
  • Heritage High School

Utilities

  • Window Unit Cooling System
  • Electric Baseboard Heater
  • Radiant Heating System
  • Electric Water Heater
  • Cable TV Available

Home Details

Home Type

Single Family

Year Built

Built in 1957

Lot Details

0

Listing Details

  • FILLACRES: 0.2600
  • Directions: Fort Ave to Westview Dr (beside Grand Home Furnishings) First home on right.
  • ElementarySchool7: Perrymont Elem
  • HighSchool7: Heritage High
  • Lot Measurement: Acres
  • Lot Sq Ft: 11326.00
  • MiddleSchool7: PL Dunbar Midl
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • Year Built: 1957
  • FullBathBelowGrade: 1
  • Heating System: Electric Baseboard, Radiant
  • Building Stories: One and One Half
  • Dwelling Styles: Cape Cod
  • Laundryroom Dim: 0.000 x 0.000
  • Living Room Dim: 14.000 x 18.000
  • Livingroom Len: 14.000
  • Livingroom Wid: 18.000
  • Masterbedroom Area: 208.000000
  • Master Bedroom Dim: 16.000 x 13.000
  • Masterbedroom Len: 16.000
  • Masterbedroom Wid: 13.000
  • Office Dim: 0.000 x 0.000
  • Sun Room Len: 22.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 3.00
  • Bathrooms Display: 3 (2 1)
  • Lower Floor 1 Bedrooms: 4
  • Broker Approved: Yes
  • Legal Description: Chestnut Hill, Block 2, Lot 19
  • Reciprocal Listing: No
  • Second Bedroom: 13x13 Level: Level 1 Above Grade
  • Second Bedroom Area: 169.000000
  • Third Bedroom: 16x12 Level: Level 2 Above Grade
  • Third Bedroom Area: 192.000000
  • Fourth Bedroom: 18x12 Level: Level 2 Above Grade
  • Fourth Bedroom Area: 216.000000
  • Above Grade Finished Sq Ft: 1947.00
  • ApplianceConvey: Microwave, Range-Elec, Refrigerator
  • Has Attic: Access
  • Has Basement: Apartment, Exterior Entrance, Finished, Heated, Interior Entrance, Partitioned, Workshop
  • Flooring: Hardwood, Tile, Vinyl
  • Year Built Exception: 0
  • Fireplace: 1 Fireplace, Living Room
  • Formal Dining: 14x10 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 1
  • First Level Half Bathrooms: 1
  • Interior Amenities: Apartment, Cable Available, Cable Connections, Main Level Bedroom, Master Bed w/ Bath, Separate Dining Room, Smoke Alarm, Walk-In Closet(s), Workshop
  • Dining Kitchen: 14x12 Level: Level 1 Above Grade
  • Laundry: Basement
  • Living Room: 14x18 Level: Level 1 Above Grade
  • Master Bedroom: 16x13 Level: Level 1 Above Grade
  • Porch: 18x6 Level: Level 1 Above Grade
  • Sun Room: 22x13 Level: Level 1 Above Grade
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 168.000000
  • LivingRoom Area: 252.000000
  • 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
  • Sun Room Area: 286.000000
  • Sunroom Dim: 22.000 x 13.000

Exterior Features

  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: Paved Drive, Landscaped, Storm Doors, Mountain Views

Garage/Parking

  • Garage Dim: 0.000 x 0.000

Utilities

  • Air Conditioner: Window Unit(s)
  • Sewer: City
  • 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: 2921.00

Tax Info

  • Estimated Taxes: 16594

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2021
Closed on
Dec 28, 2021
Sold by
Grand Property Of Virginia Lc
Bought by
Anderson Alexes
Seller's Agent
Bill Gearhart
Coldwell Banker Townside
Buyer's Agent
Nina Davenport
Mark A. Dalton & Co., Inc.
List Price
$219,900
Sold Price
$218,000
Premium/Discount to List
-$1,900
-0.86%
Current Estimated Value
$282,189

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,189
Avg. Annual Appreciation
5.34%
Original Mortgage
$207,100
Outstanding Balance
$192,673
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$70,409
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Anderson Alexes $218,000 Westcor Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Anderson Alexes $207,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2021 12/29/21 Sold $218,000 -0.9% $75 / Sq Ft
11/21/2021 11/21/21 Pending -- -- --
11/09/2021 11/09/21 For Sale $219,900 +51.7% $75 / Sq Ft
06/28/2013 06/28/13 Sold $145,000 -8.2% $50 / Sq Ft
05/06/2013 05/06/13 Pending -- -- --
04/25/2013 04/25/13 For Sale $157,900 -- $54 / 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 $1,926 $216,400 $32,000 $184,400
2023 $1,926 $216,400 $32,000 $184,400
2022 $1,540 $149,500 $24,000 $125,500
2021 $1,659 $149,500 $24,000 $125,500
2020 $1,659 $149,500 $24,000 $125,500
2019 $1,659 $149,500 $24,000 $125,500
2018 $1,655 $149,100 $18,500 $130,600
2017 $1,655 $149,100 $18,500 $130,600
2016 $1,655 $149,100 $18,500 $130,600
2015 $1,655 $149,100 $18,500 $130,600
2014 $1,655 $149,100 $18,500 $130,600
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Lynchburg Association of REALTORS®

MLS Number: 335107

APN: 055-13-016