NOT LISTED FOR SALE

1213 Commerce St Lynchburg, VA 24504

Central Business District Neighborhood

Estimated Value: $700,237

-- Bed
-- Bath
9,180 Sq Ft
$76/Sq Ft Est. Value

About This Home

This home is located at 1213 Commerce St, Lynchburg, VA 24504 and is currently estimated at $700,237, approximately $76 per square foot. 1213 Commerce St is a home located in Lynchburg City with nearby schools including Sandusky Elementary School, Sandusky Middle School, and Heritage High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 9, 2022
Sold by
Commerce Street Collaborative Llc
Bought by
Mcelwain Larry J
Current Estimated Value
$700,237

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Outstanding Balance
$380,587
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$319,650

Purchase Details

Closed on
Jun 3, 2022
Sold by
Donald Grey Pendleton Jr Trust Agreement and Pendelton Donald G
Bought by
Commerce Street Collaborative Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Outstanding Balance
$380,587
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$319,650

Purchase Details

Closed on
Feb 20, 2018
Sold by
Pendleton Donald G
Bought by
Pendleton Donald Grey and Donald Grey Pendleton Jr Trust Agreement

Purchase Details

Closed on
May 13, 2009
Sold by
Pcpdf Llc
Bought by
Pendleton Donald G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
4.82%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 12, 2009
Sold by
Pcpdf Llc
Bought by
Pendleton Donald G and Harvey Dodd F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
4.82%
Mortgage Type
Credit Line Revolving

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
1217 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
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
Mcelwain Larry J -- None Listed On Document
Commerce Street Collaborative Llc $600,000 Old Republic Title
Pendleton Donald Grey -- None Available
Pendleton Donald G -- None Available
Pendleton Donald G -- None Available
Pcpdf Llc -- None Available
1217 Commerce Street Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Commerce Street Collaborative Llc $400,000
Previous Owner Pendleton Donald G $90,000
Previous Owner Pendleton Donald G $90,000
Previous Owner 1217 Commerce Street Llc $175,000
Source: Public Records

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 $4,886 $549,000 $61,000 $488,000
2023 $4,886 $549,000 $61,000 $488,000
2022 $4,666 $453,000 $61,000 $392,000
2021 $5,028 $453,000 $61,000 $392,000
2020 $5,028 $453,000 $61,000 $392,000
2019 $5,028 $453,000 $61,000 $392,000
2018 $3,805 $342,800 $35,300 $307,500
2017 $3,805 $342,800 $35,300 $307,500
2016 $3,805 $342,800 $35,300 $307,500
2015 $3,805 $342,800 $35,300 $307,500
2014 $199 $342,800 $35,300 $307,500
Source: Public Records

Map

Virginia Lynchburg City County Lynchburg 24504 Central Business District

1213 Commerce St, Lynchburg, VA

This home is located at 1213 Commerce St, Lynchburg, VA 24504 and is currently estimated at $700,237, approximately $76 per square foot. 1213 Commerce St is a home located in Lynchburg City with nearby schools including Sandusky Elementary School, Sandusky Middle School, and Heritage High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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