$160,000
SOLD JUN 23, 2025

121 Thomas Rd Lynchburg, VA 24501

4 Beds
2 Baths
1,752 Sq Ft
7,231 Sq Ft

Recently Sold

$91 Per Sq Ft

16% Below List Price

87 Days on Market

About This Home

As of June 2025

Great investment property! This home is conveniently located close to the College giving it great rental possibilities. Or this affordable home would be great for a first time homebuyer.

Last Agent to Sell the Property

Charlie Watts

Watts Auction Realty Appra Inc License #0225086405 Listed on: 02/18/2025

Last Buyer's Agent

Thomas Wolcott

NextHome TwoFourFive License #0225104143

NextHome TwoFourFive

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,000

Year Built

  • Built in 1915

Lot Details

  • 7,231 Sq Ft Lot
  • Property is zoned R-2

Home Design

  • Metal Roof

Interior Spaces

  • 1,752 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Crawl Space
  • Scuttle Attic Hole
  • Laundry on main level

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • Main Floor Bedroom

Schools

  • Perrymont Elementary School
  • Pl Dunbar Midl Middle School
  • E. C. Glass High School

Utilities

  • Heat Pump System
  • Electric Water Heater

Community Details

  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 01323007

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,000

Year Built

Built in 1915

Lot Details

7,231 Sq Ft Lot

Listing Details

  • Directions: Take Fort Ave to Memorial Ave, then turn left onto Eldon St. Turn left onto Langhorne then keep left and house is on the left.
  • Days On Market: No
  • Prop. Type: Residential
  • Year Built: 1915
  • Garage Yn: No
  • Foyer Area: 176.000000
  • Property Sub-Type: Single Family Residence
  • Above Grade Finished Sq Ft: 1752.00
  • Architectural Style: Two Story
  • Laundryroom Dim: 0.000 x 0.000
  • Office Dim: 7.000 x 10.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 2.00
  • Bathrooms Display: 2 (2 0)
  • Broker Approved: Yes
  • Reciprocal Listing: No
  • Has Attic: Scuttle
  • Has Basement: Crawl Space
  • Flooring: Carpet, Vinyl
  • Foyer: 11x16 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 1
  • Level 2 Full Bathrooms: 1
  • Interior Amenities: Main Level Bedroom, Primary Bed w/Bath
  • Dining Kitchen: 18x11 Level: Level 1 Above Grade
  • Laundry: Laundry Closet, Main Level
  • Living Room: 13x14 Level: Level 1 Above Grade
  • Master Bedroom: 11x12 Level: Level 1 Above Grade
  • Office: 7x10 Level: Level 2 Above Grade
  • Appliances: Refrigerator
  • Fireplace: 1 Fireplace, Living Room
  • Stories: Two
  • Third Bedroom: 13x13 Level: Level 2 Above Grade
  • Fourth Bedroom: 14x14 Level: Level 2 Above Grade
  • Second Bedroom: 10x11 Level: Level 2 Above Grade
  • Room Bedroom3 Area: 169.000000
  • Room Master Bedroom Area: 132.000000
  • Room Bedroom4 Area: 196.000000
  • Room Kitchen Area: 198.000000
  • Room Living Room Area: 182.000000
  • Room Office Area: 70.000000
  • Room Bedroom2 Area: 110.000000
  • MasterBedroomDimensions Dim: 11.000 x 12.000
  • Kitchen Dim: 18.000 x 11.000
  • Sunroom Dim: 0.000 x 0.000
  • Master Bedroom Master Bedroom Width: 12.000

Exterior Features

  • Lot Number: 7
  • Roof: Metal
  • New Construction: Completed
  • Exterior Features: Front Porch, Rear Porch

Garage/Parking

  • Garage Dim: 0.000 x 0.000

Utilities

  • Cooling: Heat Pump
  • Sewer: City
  • Water Heater: Electric
  • Heating: Heat Pump
  • Water Source: City

Schools

  • Elementary School: Perrymont Elem
  • High School: E. C. Glass High
  • Middle School: PL Dunbar Midl
  • Junior High Dist: Lynchburg

Lot Info

  • Zoning: R-2
  • Acres: 0.1660
  • Lot Size Sq Ft: 7231.00
  • ResoLotSizeUnits: Acres
  • Parcel Number: 01323007

Rental Info

  • Sub Lease: No
  • Sub Lease Expiration Date: 1800-01-01T00:00:00.000-05:00

Tax Info

  • Estimated Taxes: 1000

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2025
Closed on
Jun 9, 2025
Sold by
Lynchburg College and University Of Lynchburg
Bought by
Nettleship Raymond C and Nettleship Lisa M
Seller's Agent
Charlie Watts
Watts Auction Realty Appra Inc
Buyer's Agent
Thomas Wolcott
NextHome TwoFourFive
List Price
$189,900
Sold Price
$160,000
Premium/Discount to List
-$29,900
-15.75%
Views
168
Source: Public Records
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Purchase History

Date Type Sale Price Title Company
Deed $160,000 First American Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/23/2025 06/23/25 Sold $160,000 -5.8% $91 / Sq Ft
05/16/2025 05/16/25 Pending -- -- --
04/11/2025 04/11/25 Price Changed $169,900 -10.5% $97 / Sq Ft
02/18/2025 02/18/25 For Sale $189,900 -- $108 / 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 $1,630 $194,000 $30,000 $164,000
2024 $0 $191,800 $37,500 $154,300
2023 $0 $191,800 $37,500 $154,300
2022 $0 $143,100 $30,000 $113,100
2021 $1,100 $143,100 $30,000 $113,100
2020 $0 $105,100 $24,000 $81,100
2019 $1,100 $105,100 $24,000 $81,100
2018 $0 $99,100 $18,000 $81,100
2017 $1,100 $99,100 $18,000 $81,100
2016 $1,100 $99,100 $18,000 $81,100
2015 -- $99,100 $18,000 $81,100
2014 -- $99,100 $18,000 $81,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 357302

APN: 013-23-007

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