NOT LISTED FOR SALE

1208 Commerce St Unit 603 Lynchburg, VA 24504

Central Business District Neighborhood

Estimated Value: $509,000 - $623,000

2 Beds
2 Baths
1,592 Sq Ft
$376/mo HOA Fee

Last Sold July 10, 2020

Last sale price $528,930 $332 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,953/month

Highlights

  • Water Views
  • River Nearby
  • Great Room
  • 1,525 Sq Ft lot
  • Whirlpool Bathtub
  • 4-minute walk to Riverfront Park

About This Home

As of July 2020

Entered for comp purposes only. Condo was listed at $474,900 and buyer did $54k of upgrades to interior finishes. Upgrades included solid maple wood doors; quartz counters; light fixtures; shower sprays; flooring. All finishes are top of the line quality. Condo has 10ft ceilings and a private balcony overlooking the riverfront area. Parkview on the Bluff has a private owners elevator and rooftop terrace. Other amenities include right to use 1 on-site parking space, a restaurant on the bluff walk level and a rooftop restaurant overlooking the river, mountains, and park.

Last Listed By

Terri Proffitt

Consensus Real Estate Service License #0225105463 Listed on: 07/10/2020

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,914

Year Built

  • Built in 2020

Lot Details

  • 1,307

HOA Fees

  • $376 Monthly HOA Fees

Property Views

  • Water
  • City
  • Mountain

Home Design

  • Slab Foundation

Interior Spaces

  • 1,592 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Fireplace
  • Great Room
  • Home Security System

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Ceramic Tile
  • Vinyl Plank

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Whirlpool Bathtub
  • Bathtub Includes Tile Surround

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • River Nearby

Schools

  • Sandusky Elementary School
  • Sandusky Midl Middle School
  • Heritage High School

Utilities

  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 04603035

Community Details

Overview

  • Association fees include exterior maintenance, grounds maintenance, insurance, parking, roof, snow removal, trash
  • Central Business District Subdivision

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,914

Year Built

Built in 2020

Lot Details

0

HOA Fees

$376 per month

Listing Details

  • AssocFeeOptional: Required
  • Directions: Commerce Street in downtown Lynchburg
  • Internet Providers: Verizon
  • Lot Measurement: Acres
  • Lot Sq Ft: 1525.00
  • Days On Market: No
  • Property Subtype1: Condominium
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 04603035
  • Year Built: 2020
  • Heating System: Heat Pump
  • Building Stories: One
  • Laundryroom Dim: 0.000 x 0.000
  • Living Room Dim: 0.000 x 0.000
  • Masterbedroom Area: 217.500000
  • Master Bedroom Dim: 15.000 x 14.500
  • Masterbedroom Len: 15.000
  • Masterbedroom Wid: 14.500
  • Office Dim: 0.000 x 0.000
  • Special Features: NewHome
  • Property Sub Type: Condos

Interior Features

  • Basement Bathrooms: 2.00
  • Bathrooms Display: 2 (2 0)
  • Lower Floor 1 Bedrooms: 2
  • Broker Approved: Yes
  • Legal Description: Downtown BLK 112, Parkview On The Bluff, 603
  • Reciprocal Listing: No
  • Second Bedroom: 11.75x11.50 Level: Level 1 Above Grade
  • Second Bedroom Area: 135.125000
  • Above Grade Finished Sq Ft: 1592.00
  • ApplianceConvey: Dishwasher, Disposal, Dryer, Microwave, Range-Gas, Refrigerator, Washer
  • Has Attic: None
  • Has Basement: Slab
  • Flooring: Ceramic Tile, Vinyl Plank
  • Year Built Exception: 0
  • Fireplace: 1 Fireplace
  • Level 1 Full Bathrooms: 2
  • Great Room: 34x19 Level: Level 1 Above Grade
  • Interior Amenities: Cable Connections, Ceiling Fan(s), Great Room, Main Level Bedroom, Master Bed w/ Bath, Pantry, Security System, Smoke Alarm, Tile Bath(s), Walk-In Closet(s), Whirlpool Tub
  • Dining Kitchen: 14x13.50 Level: Level 1 Above Grade
  • Laundry: Laundry Closet, Main Level
  • Master Bedroom: 15x14.50 Level: Level 1 Above Grade
  • Porch: 6x20 Level: Level 1 Above Grade
  • GreatRoom Area: 646.000000
  • Livinggreat Room Dim: 34.000 x 19.000
  • Kitchen Area: 189.000000
  • 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
  • Sunroom Dim: 0.000 x 0.000

Exterior Features

  • Roof: Other
  • New Construction: Completed
  • Exterior Features: City View, River Nearby, Water View, Insulated Glass, Mountain Views

Garage/Parking

  • Garage Dim: 0.000 x 0.000

Utilities

  • Utility Electric: AEP/Appalachian Powr
  • Air Conditioner: Heat Pump
  • Sewer: City
  • Hot Water: City
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Includes: Exterior Maintenance, Grounds Maintenance, Insurance, Parking, Roof, Snow Removal, Trash
  • HOA: Lynchburg Board of Realtors
  • Association Fee: 376.00
  • Subdivision Complex: Central Business District

Association/Amenities

  • Entry Level Unit: 603

Schools

  • School District: Lynchburg
  • School District: Lynchburg

Lot Info

  • Lot Sq Ft: 1592.00
  • Zoning: B4

Tax Info

  • Estimated Taxes: 2914

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2020
Closed on
Jul 1, 2020
Sold by
1200Commercestreelynchburg Llc
Bought by
Tucker Eorrest Lee and Tucker Joint Living Trust
Seller's Agent
Terri Proffitt
Consensus Real Estate Service
Buyer's Agent
Terri Proffitt
Consensus Real Estate Service
List Price
$474,900
Sold Price
$528,930
Premium/Discount to List
$54,030
11.38%
Total Days on Market
0
Current Estimated Value
$573,460

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,530
Avg. Annual Appreciation
-0.84%

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
Tucker Eorrest Lee $474,900 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2020 07/10/20 Sold $528,930 +11.4% $332 / Sq Ft
07/10/2020 07/10/20 Pending -- -- --
07/10/2020 07/10/20 For Sale $474,900 -- $298 / 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 $4,406 $495,000 $68,900 $426,100
2023 $2,599 $495,000 $68,900 $426,100
2022 $2,801 $474,900 $68,900 $406,000
2021 $5,271 $474,900 $68,900 $406,000
2020 $765 $68,900 $68,900 $0
2019 $765 $68,900 $68,900 $0
Source: Public Records

Agents Affiliated with this Home

  • Terri Proffitt

    Seller's Agent in 2020

    Terri Proffitt

    Consensus Real Estate Service

    (434) 316-3471

    28 in this area

    39 Total Sales

    Terri Proffitt
    Section Image
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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 326813

APN: 046-03-035

Virginia Lynchburg City County Lynchburg 24504 Central Business District

1208 Commerce St Unit 603, Lynchburg, VA

Homes for Sale in Lynchburg, VA

This home is located at 1208 Commerce St Unit 603, Lynchburg, VA 24504 since 10 July 2020 and is currently estimated at $573,460, approximately $360 per square foot. This property was built in 2020. 1208 Commerce St Unit 603 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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