NOT LISTED FOR SALE

1116 Wise St Lynchburg, VA 24504

College Hill Neighborhood

Estimated Value: $73,000 - $208,000

4 Beds
2.5 Baths
2,570 Sq Ft
$61/Sq Ft Est. Value

Last Sold September 14, 2017

Last sale price $96,500 $38 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $933/month

13 Days on Market

Highlights

  • Living Room with Fireplace
  • Formal Dining Room
  • Laundry Room
  • Wood Under Carpet
  • Walk-In Closet
  • En-Suite Primary Bedroom

About This Home

As of September 2017

As you step into the Lg Foyer of this 1906 home you will be amazed at the loving care that was taken in its restoration. New replacement windows, new doors, new heat pumps, laminate floors, updated electric, and freshly painted throughout. The Lg Master Suite offers lg walk-in closet and bath plus access to deck overlooking downtown. 3 additional BRs on 2nd level. Main level has 2 laundry rooms, lg. kitchen, formal LR, formal DR, 1/2 bath and Den plus access to back porch overlooking the lg. back yard. Off street parking is possible by alley, plus on street parking. Possible to have 5-6 BR Home or Convert to Duplex (recently approved by city), even Light Business Uses are permitted! This home is sold as a rock, quality construction. Whether looking for an investment or home to enjoy in the downtown area this is it! Buyers, don't delay, call today! Tenants vacating end of August and keep the home in immaculate condition! Very easy to show with a day's notice

Last Agent to Sell the Property

Ann Parker

DeWitt Real Estate & Auctions License #0225035649 Listed on: 07/26/2017

Co-Listed By

Ruthie Lawrence

Blackwater Property Management License #0225212932

Last Buyer's Agent

Ann Parker

DeWitt Real Estate & Auctions License #0225035649 Listed on: 07/26/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $456

Year Built

  • Built in 1906

Lot Details

  • 4,617 Sq Ft Lot
  • Landscaped
  • Garden
  • Property is zoned B-5

Home Design

  • Slate Roof
  • Plaster

Interior Spaces

  • 2,570 Sq Ft Home
  • 2-Story Property
  • Multiple Fireplaces
  • Decorative Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Den with Fireplace
  • Exterior Basement Entry
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Wood Under Carpet
  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Bathtub Includes Tile Surround

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Attic

  • Attic Floors
  • Storage In Attic
  • Pull Down Stairs to Attic

Schools

  • Rs Payne Elementary School
  • Pl Dunbar Midl Middle School
  • Heritage High School

Utilities

  • Zoned Heating and Cooling
  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • College Hill Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01023011

Home Details

Home Type

Single Family

Est. Annual Taxes

$456

Year Built

Built in 1906

Lot Details

0

Listing Details

  • FILLACRES: 0.1060
  • Directions: 12th Street to Wise from Downtown would be a Right on Wise, 2nd home on Right. from Miller Park/Fort Ave, turn Let on Wise, 2nd home on Right
  • ElementarySchool7: RS Payne Elem
  • HighSchool7: Heritage High
  • Lot Measurement: Acres
  • Lot Sq Ft: 4617.00
  • MiddleSchool7: PL Dunbar Midl
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 01023011
  • Year Built: 1906
  • Heating System: Heat Pump, Two-Zone
  • Building Stories: Two
  • Dwelling Styles: Two Story
  • Officeden Len: 16.000
  • Officeden Wid: 14.000
  • Foyer Area: 140.000000
  • Laundryroom Dim: 5.000 x 5.000
  • Laundryroom Len: 5.000
  • Living Room Dim: 14.000 x 14.000
  • Livingroom Len: 14.000
  • Livingroom Wid: 14.000
  • Masterbedroom Area: 255.000000
  • Master Bedroom Dim: 17.000 x 15.000
  • Masterbedroom Len: 17.000
  • Masterbedroom Wid: 15.000
  • Office Dim: 0.000 x 0.000
  • Other Room1 Area: 234.000000
  • Other Room1 Len: 26.000
  • 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: College Hill, BLK 532
  • Reciprocal Listing: No
  • Second Bedroom: 15x10 Level: Level 2 Above Grade
  • Second Bedroom Area: 150.000000
  • Third Bedroom: 15x14 Level: Level 2 Above Grade
  • Third Bedroom Area: 210.000000
  • Fourth Bedroom: 10x9 Level: Level 2 Above Grade
  • Fourth Bedroom Area: 90.000000
  • Above Grade Finished Sq Ft: 2570.00
  • ApplianceConvey: Dishwasher, Dryer, Range-Elec, Refrigerator, Washer
  • Has Attic: Floored, Pull Down, Storage Only
  • Has Basement: Exterior Entrance
  • Flooring: Carpet, Carpet Over Hardwood, Ceramic Tile, Laminate, Tile
  • Year Built Exception: 0
  • Deck: 26x9 Level: Level 1 Above Grade
  • Den: 16x14 Level: Level 1 Above Grade
  • Fireplace: 2 Fireplaces, Decorative/Non-Op, Den, Living Room
  • Formal Dining: 15x14 Level: Level 1 Above Grade
  • Foyer: 20x7 Level: Level 1 Above Grade
  • Level 2 Full Bathrooms: 2
  • First Level Half Bathrooms: 1
  • Interior Amenities: Cable Available, Cable Connections, Tile Bath(s), Main Level Den, Master Bed w/ Bath, Pantry, Plaster, Separate Dining Room, Smoke Alarm, Walk-In Closet(s)
  • Dining Kitchen: 13x10 Level: Level 1 Above Grade
  • Laundry: Dryer Connection, Laundry Room, Main Level, Separate Laundry Rm., Washer Connections
  • Laundry Room: 5x5 Level: Level 1 Above Grade
  • Living Room: 14x14 Level: Level 1 Above Grade
  • Master Bedroom: 17x15 Level: Level 2 Above Grade
  • Other Room 1: 26x9 Level: Level 2 Above Grade
  • Porch: 26x8 Level: Level 1 Above Grade
  • Additional Room 1 Description: 2nd floor porch
  • Den Area: 224.000000
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 130.000000
  • Laundry Room Area: 25.000000
  • LivingRoom Area: 196.000000
  • Est Other Room1 Dim: 26.000 x 9.000
  • 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: Slate
  • New Construction: Completed
  • Exterior Features: Garden Space, Landscaped, Insulated Glass

Garage/Parking

  • Garage Dim: 0.000 x 0.000

Utilities

  • Air Conditioner: Heat Pump, Two-Zone
  • Sewer: City
  • Hot Water: City
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors
  • Subdivision Complex: College Hill

Schools

  • School District: Lynchburg
  • School District: Lynchburg

Lot Info

  • Lot Sq Ft: 2570.00
  • Zoning: B-5

Tax Info

  • Estimated Taxes: 456

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2017
Closed on
Sep 1, 2017
Sold by
Logie Thomas D and Logie Evelyn J
Bought by
Jacobson Karena A and Jacobson Joshua
Seller's Agent
Ann Parker
DeWitt Real Estate & Auctions
Buyer's Agent
Ann Parker
DeWitt Real Estate & Auctions
List Price
$99,900
Sold Price
$96,500
Premium/Discount to List
-$3,400
-3.4%
Current Estimated Value
$156,517

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,017
Avg. Annual Appreciation
7.52%
Original Mortgage
$77,200
Interest Rate
3.92%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
Apr 25, 2017
Closed on
Jun 1, 2017
Sold by
Muhoro Wanjema S
Bought by
Logie Thomas D and Logie Evelyn J
Seller's Agent
Ann Parker
DeWitt Real Estate & Auctions
Buyer's Agent
Ann Parker
DeWitt Real Estate & Auctions
List Price
$94,900
Sold Price
$89,000
Premium/Discount to List
-$5,900
-6.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.50%

Purchase Details

Closed on
Apr 18, 2013
Sold by
Alford John R and Carter Terence L
Bought by
Bank Of The James
Source: Public Records

Range of Values:

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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
Jacobson Karena A $96,500 Old Republic National Title
Logie Thomas D $89,000 First American Title Ins Co
Bank Of The James $65,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jacobson Karen A $25,000
Closed Jacobson Karen A $9,000
Open Jacobson Joshua $75,000
Closed Jacobson Karena A $77,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2017 09/14/17 Sold $96,500 -3.4% $38 / Sq Ft
08/08/2017 08/08/17 Pending -- -- --
07/26/2017 07/26/17 For Sale $99,900 +12.2% $39 / Sq Ft
06/05/2017 06/05/17 Sold $89,000 -6.2% $35 / Sq Ft
06/02/2017 06/02/17 Pending -- -- --
04/25/2017 04/25/17 For Sale $94,900 +458.2% $37 / Sq Ft
07/23/2013 07/23/13 Sold $17,000 -2.9% $7 / Sq Ft
07/23/2013 07/23/13 Pending -- -- --
06/25/2013 06/25/13 For Sale $17,500 -- $7 / 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 $916 $102,900 $12,600 $90,300
2023 $916 $102,900 $12,600 $90,300
2022 $1,039 $100,900 $9,000 $91,900
2021 $1,120 $100,900 $9,000 $91,900
2020 $912 $82,200 $8,000 $74,200
2019 $912 $82,200 $8,000 $74,200
2018 $866 $78,000 $8,000 $70,000
2017 $866 $78,000 $8,000 $70,000
2016 $456 $41,100 $8,000 $33,100
2015 $114 $33,600 $2,000 $31,600
2014 $93 $92,100 $2,000 $90,100
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2017

    Ann Parker

    DeWitt Real Estate & Auctions

    Section Image

  • R

    Seller Co-Listing Agent in 2017

    Ruthie Lawrence

    Blackwater Property Management

  • Tami Robertson

    Seller's Agent in 2013

    Tami Robertson

    Ted Counts Realty & Auction

    (434) 841-3827

    8 Total Sales

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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 306747

APN: 010-23-011

Virginia Lynchburg City County Lynchburg 24504 College Hill

1116 Wise St, Lynchburg, VA

This home is located at 1116 Wise St, Lynchburg, VA 24504 since 26 July 2017 and is currently estimated at $156,517, approximately $60 per square foot. This property was built in 1906. 1116 Wise 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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