S
Seller's Agent in 2021
Steven Bucklew
Blackwater Property Management
(434) 610-3406
1 in this area
50 Total Sales
1135 Park Ave Lynchburg, VA 24504
College Hill NeighborhoodEstimated Value: $102,000 - $189,000
--
Bed
--
Bath
3,098
Sq Ft
$53/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Electric Baseboard Heater
- 3-minute walk to Old City Cemetery and Gardens
About This Home
As of July 20213 Unit Tri Plex with over $1600 gross monthly rents, There are two oversized two bedroom units each with over 1000sq ft with individual 200 amp electric service, heat pumps, laundry connections, and dishwashers, -There is one commercial space currently used as a 1 bedroom apartment on the lower level, Walking distance to many downtown amenities. All information believed to be correct. Buyers / Agents to verify to their own satisfaction.
Last Agent to Sell the Property
Blackwater Property Management License #0225076965 Listed on: 05/24/2021
Last Buyer's Agent
Blackwater Property Management License #0225076965 Listed on: 05/24/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,028
Year Built
- Built in 1905
Lot Details
- 2,962 Sq Ft Lot
Parking
- Off-Street Parking
Home Design
- 3,098 Sq Ft Home
Flooring
- Wood
- Concrete
- Ceramic Tile
- Vinyl
Schools
- Bedford Hills Elementary School
- Linkhorne Midl Middle School
- E. C. Glass High School
Utilities
- Heat Pump System
- Electric Baseboard Heater
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number 01015004
Community Details
Overview
- 3 Units
Building Details
- 1 Separate Water Meter
- Insurance Expense $800
- Water Sewer Expense $120
- New Taxes Expense $257
- Gross Income $19,200
- Net Operating Income $12,898
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 22, 2022
Sold by
Empire Capital Llc
Bought by
Lakay Capital Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,600
Outstanding Balance
$170,487
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
-$5,263
Purchase Details
Listed on
May 24, 2021
Closed on
Jul 12, 2021
Sold by
Forest Views Llc
Bought by
Empire Cpaital Llc
Seller's Agent
Steven Bucklew
Blackwater Property Management
Buyer's Agent
Steven Bucklew
Blackwater Property Management
List Price
$149,900
Sold Price
$132,000
Premium/Discount to List
-$17,900
-11.94%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.42%
Original Mortgage
$160,000
Interest Rate
2.93%
Mortgage Type
Commercial
Purchase Details
Closed on
Feb 7, 2018
Sold by
Fried Jeffrey T
Bought by
Forest Views Llc
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lakay Capital Llc | -- | Shoemaker Law Pllc | |
| Empire Cpaital Llc | $132,000 | Accupoint Title | |
| Forest Views Llc | $70,700 | Abstract Title&Settlemtt |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lakay Capital Llc | $183,600 | |
| Previous Owner | Empire Cpaital Llc | $160,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/26/2021 07/26/21 | Sold | $132,000 | -11.9% | $43 / Sq Ft |
| 05/24/2021 05/24/21 | Pending | -- | -- | -- |
| 05/24/2021 05/24/21 | For Sale | $149,900 | -- | $48 / Sq Ft |
Source: Lynchburg Association of REALTORS®
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2025 | $1,134 | $135,000 | $16,800 | $118,200 |
| 2024 | $878 | $98,600 | $16,800 | $81,800 |
| 2023 | $878 | $98,600 | $16,800 | $81,800 |
| 2022 | $981 | $95,200 | $13,400 | $81,800 |
| 2021 | $1,057 | $95,200 | $13,400 | $81,800 |
| 2020 | $1,029 | $92,700 | $7,700 | $85,000 |
| 2019 | $1,029 | $92,700 | $7,700 | $85,000 |
| 2018 | $771 | $89,800 | $5,800 | $84,000 |
| 2017 | $997 | $89,800 | $5,800 | $84,000 |
| 2016 | $997 | $89,800 | $5,800 | $84,000 |
| 2015 | $545 | $89,800 | $5,800 | $84,000 |
| 2014 | $545 | $89,800 | $5,800 | $84,000 |
Source: Public Records
Agents Affiliated with this Home
-
Steven Bucklew
Map
Source: Lynchburg Association of REALTORS®
MLS Number: 331738
APN: 010-15-004
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