NOT LISTED FOR SALE

116 Edgeway Dr Lynchburg, VA 24502

-- Bed
-- Bath
3,840 Sq Ft
29,621 Sq Ft Lot

Last Sold January 05, 2016

Last sale price $241,500 $63 Per Sq Ft

354 Days on Market

About This Home

As of January 2016

Well maintained 4 plex in desirable Campbell County but close to Target. Easy to rent washer/dryer in each unit, newer HPs.

Last Agent to Sell the Property

Ginny Haskins

BHHS Dawson Ford Garbee License #0225120143 Listed on: 01/09/2015

Last Buyer's Agent

Brenda Freeman

Century 21 ALL-SERVICE-FOR License #0225058413

Century 21 ALL-SERVICE-FOR

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,192

Year Built

  • Built in 1978

Lot Details

  • 29,621 Sq Ft Lot

Parking

  • 2 Parking Spaces

Home Design

  • 3,840 Sq Ft Home

Flooring

  • Carpet
  • Vinyl

Schools

  • Leesville Road Elementary School
  • Brookville Midl Middle School
  • Brookville High School

Utilities

  • Heat Pump System
  • Electric Water Heater
  • Septic Tank

Community Details

Overview

  • 4 Units

Building Details

  • Electric Expense $180
  • Insurance Expense $407
  • Water Sewer Expense $1,221
  • New Taxes Expense $1,192
  • Gross Income $28,500
  • Net Operating Income $24,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,192

Year Built

Built in 1978

Lot Details

0.68 Acres

Listing Details

  • FILLACRES: 0.6800
  • Directions: Off Leesville or Wards Ferry
  • ElementarySchool4: Leesville Road Elem
  • HighSchool4: Brookville High
  • Lot Measurement: Acres
  • Lot Sq Ft: 29621.00
  • MiddleSchool4: Brookville Midl
  • Days On Market: No
  • Property Subtype1: Multi-Family
  • Prop. Type: Multi-Family
  • OFFICELIST_STATE: VA
  • Year Built: 1978
  • Heating System: Heat Pump
  • Taxes Expense: 1192.00
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Broker Approved: Yes
  • Legal Description: Edgemont, Lot 2, Section 2
  • Reciprocal Listing: No
  • Flooring: Carpet, Vinyl
  • Year Built Exception: 0
  • Walls: Drywall

Garage/Parking

  • Parking: 2 Spaces/Unit

Utilities

  • Cooling: Heat Pump
  • Sewer: County, Septic Tank
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors

Fee Information

  • Insurance Expenses: 407.00

Schools

  • School District: Campbell

Lot Info

  • Lot Sq Ft: 3840.00

Rental Info

  • Types Of Leases: 1 Year Lease

Tax Info

  • Estimated Taxes: 1192

Multi Family

  • Annual Gross Income: 28500.00
  • Electric Expense: 180.00
  • Net Operating Income: 24700.00
  • Total Number Units: 4
  • Water Expense: 1221.00
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

Property History

Date Event Price List to Sale Price per Sq Ft
01/05/2016 01/05/16 Sold $241,500 -10.2% $63 / Sq Ft
12/29/2015 12/29/15 Pending -- -- --
01/09/2015 01/09/15 For Sale $269,000 -- $70 / Sq Ft
Source: Lynchburg Association of REALTORS®

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 $1,365 $303,300 $33,600 $269,700
2024 $1,365 $303,300 $33,600 $269,700
2023 $1,365 $303,300 $33,600 $269,700
2022 $1,171 $225,100 $29,100 $196,000
2021 $1,171 $225,100 $29,100 $196,000
2020 $1,171 $225,100 $29,100 $196,000
2019 $1,171 $225,100 $29,100 $196,000
2018 $1,211 $232,900 $29,100 $203,800
2017 $1,211 $232,900 $29,100 $203,800
2016 $1,211 $232,900 $29,100 $203,800
2015 -- $232,900 $29,100 $203,800
2014 -- $229,400 $29,100 $200,300
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Lynchburg Association of REALTORS®

MLS Number: 289344

APN: 013C-07000-002-0

Your Personal Tour Guide

Ask me questions while you tour the home.