NOT LISTED FOR SALE

1200 Commerce St Lynchburg, VA 24504

Central Business District Neighborhood
2 Beds
-- Bath
1,420 Sq Ft
8,538 Sq Ft Lot

About This Home

Beautiful Loft located in a premier location in Downtown Lynchburg . Parking space provided and within walking distance of all Downtown Lynchburg has to offer. Large kitchen, with upgraded appliances and slide-in gas range. Fireplace, hardwood floors throughout, walk-in showers with multiple shower heads, "Tankless" endless hot water heater and an elevator leading to several restaurants. Secure entry for tenants.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 18, 2023
Sold by
Geveden Rex D and Geveden Gail R
Bought by
Gaughen John and Gaughen Cheryl

Purchase Details

Closed on
Nov 3, 2016
Sold by
Pcpdf Llc
Bought by
1200Commercestreetlynchburg Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,402,400
Interest Rate
3.42%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 13, 2007
Sold by
Invest Lynchburg Llc
Bought by
Pcpdf Llc

Purchase Details

Closed on
Feb 23, 2005
Sold by
Borel Construction Company Inc
Bought by
Commerce Street Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
5.64%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 18, 2005
Sold by
Borel Associates Inc
Bought by
Borel Construction Company Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
5.64%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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
Gaughen John $550,000 Reliance Title
1200Commercestreetlynchburg Llc $800,000 None Available
Pcpdf Llc -- None Available
Commerce Street Llc -- None Available
Borel Construction Company Inc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 1200Commercestreetlynchburg Llc $3,969,335
Previous Owner 1200Commercestreetlynchburg Llc $1,402,400
Previous Owner Pcpdg Llc $455,000
Previous Owner Commerce Street Llc $175,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/12/2024 10/12/24 For Rent $2,100 -- --

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 -- $0 $0 $0
2023 $0 $0 $0 $0
2022 $0 $0 $0 $0
2021 $6,096 $0 $0 $0
2020 $0 $0 $0 $0
2019 $6,096 $0 $0 $0
2018 $3,746 $549,200 $59,900 $489,300
2017 $2,341 $210,900 $59,900 $151,000
2016 $1,820 $164,000 $58,700 $105,300
2015 $1,820 $164,000 $58,700 $105,300
2014 $1,820 $164,000 $58,700 $105,300
Source: Public Records

Map

Virginia Lynchburg City County Lynchburg 24504 Central Business District

1200 Commerce St, Lynchburg, VA

This home is located at 1200 Commerce St, Lynchburg, VA 24504. 1200 Commerce St is a home located in Lynchburg City with nearby schools including Sandusky Elementary School, Sandusky Middle School, and Heritage High School.

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