NOT LISTED FOR SALE

Estimated Value: $633,672 - $788,000

3 Beds
2 Baths
1,892 Sq Ft
$600/mo HOA Fee

Last Sold July 09, 2024

Last sale price $632,500 $334 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $4,817/month

69 Days on Market

Highlights

  • City View
  • Great Room
  • Tankless Water Heater
  • Wood Flooring
  • Walk-In Closet
  • 3-minute walk to Riverfront Park

About This Home

As of July 2024

Life the way you envisioned it is right here just waiting for you...James River Place. Elegant riverfront condominium offering polished upscale living in the center of historic downtown Lynchburg. Your new life...framed by the bluffwalk, shops, restaurants, walking trails, and entertainment. James River Place preserves the essence of Lynchburg's notable history in a classic brick, stone, and glass building. Open sunlit spaces, with sweeping views to the James River and Blue Ridge Mountains. This condo features exclusive use of a private garage 3 BR, 2BA, private balcony, access to rooftop terrace and walking bridge for an easy walk to the Community Market and restaurants. Property is across the street from Riverfront Festival Park and James River. Penthouse unit is on the 4th floor of our 4-story property. Security system, elevator, fireplace ...so many features make this condo perfect! New amphitheater is under construction in park across the street - great view for performances!

Last Agent to Sell the Property

Terri Proffitt

Consensus Real Estate Service License #0225105463 Listed on: 04/16/2024

Last Buyer's Agent

Dodd Harvey

Consensus Real Estate Service License #0225140111

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,210

Year Built

  • Built in 2014

Lot Details

  • 562

HOA Fees

  • $600 Monthly HOA Fees

Property Views

  • City
  • Mountain

Interior Spaces

  • 1,892 Sq Ft Home
  • 1-Story Property
  • Gas Log Fireplace
  • Great Room
  • Living Room with Fireplace

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub Includes Tile Surround
  • Garden Bath

Laundry

  • Laundry closet
  • Dryer
  • Washer

Home Security

Parking

  • Garage
  • Driveway
  • Off-Street Parking

Schools

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

Utilities

  • Heat Pump System
  • Underground Utilities
  • Tankless Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 04603014

Community Details

Overview

  • Association fees include exterior maintenance, grounds maintenance, insurance, parking, roof, sewer, snow removal, water
  • Downtown Central Business Dist Subdivision

Additional Features

  • Net Lease
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,210

Year Built

Built in 2014

Lot Details

0

HOA Fees

$600 per month

Listing Details

  • AssocFeeOptional: Required
  • Directions: Rt 29 to Main St to right on Washington St to left on Jefferson St. Condos are on the left after Waterstone Pizza.
  • Internet Providers: Comcast/Xfinity, Verizon
  • Days On Market: No
  • Prop. Type: Residential
  • Year Built: 2014
  • Garage Yn: Yes
  • Property Sub-Type: Condominium
  • Subdivision Name: Downtown-central Business Dist
  • Above Grade Finished Sq Ft: 1892.00
  • Laundryroom Dim: 0.000 x 0.000
  • Office Dim: 0.000 x 0.000
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement Bathrooms: 2.00
  • Bathrooms Display: 2 (2 0)
  • Broker Approved: Yes
  • Reciprocal Listing: No
  • Has Attic: None
  • Has Basement: Other
  • Flooring: Laminate, Wood
  • Deck: 15x8 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 2
  • Great Room: 26x20 Level: Level 1 Above Grade
  • Interior Amenities: Cable Available, Cable Connections, Drywall, Garden Tub, Great Room, Main Level Bedroom, Primary Bed w/Bath, Pantry, Smoke Alarm, Tile Bath(s), Walk-In Closet(s), Whirlpool Bath
  • Dining Kitchen: 12x12 Level: Level 1 Above Grade
  • Laundry: Laundry Closet
  • Master Bedroom: 16x15 Level: Level 1 Above Grade
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range-Gas, Refrigerator, Washer
  • Fireplace: 1 Fireplace, Gas Log, Living Room
  • Stories: One
  • Third Bedroom: 12.90x9.90 Level: Level 1 Above Grade
  • Second Bedroom: 12.90x10 Level: Level 1 Above Grade
  • Room Bedroom3 Area: 127.710000
  • Room Master Bedroom Area: 240.000000
  • GreatRoom Area: 520.000000
  • Room Kitchen Area: 144.000000
  • Room Bedroom2 Area: 129.000000
  • MasterBedroomDimensions Dim: 16.000 x 15.000
  • Kitchen Dim: 12.000 x 12.000
  • Sunroom Dim: 0.000 x 0.000
  • Master Bedroom Master Bedroom Width: 15.000

Exterior Features

  • Roof: Other
  • New Construction: Completed
  • Exterior Features: City View, Off-Street Parking, Paved Drive, Concrete Drive, Undergrnd Utilities, Mountain Views

Garage/Parking

  • Garage Area: 300.000000
  • Garage Dim: 25.000 x 12.000
  • GarageLen: 25.000
  • GarageWid: 12.000
  • General Property Description:_pound_ Attached Garage Spaces: 1 Car
  • Garage Description: Garage Door Opener, Oversized

Utilities

  • Utility Electric: AEP/Appalachian Powr
  • Cooling: Heat Pump
  • Sewer: City
  • Water Heater: Tankless
  • Heating: Heat Pump
  • Water Source: City

Condo/Co-op/Association

  • Association Fee: 600.00
  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Exterior Maintenance, Grounds Maintenance, Insurance, Parking, Roof, Sewer, Snow Removal, Water

Schools

  • Elementary School: Sandusky Elem
  • High School: Heritage High
  • Middle School: Sandusky Midl
  • Junior High Dist: Lynchburg

Lot Info

  • Zoning: B-4
  • Acres: 0.0129
  • Lot Size Sq Ft: 562.00
  • ResoLotSizeUnits: Acres
  • Parcel Number: 04603014
  • ResoLotSizeUnits: Acres

Rental Info

  • Sub Lease: No
  • Sub Lease Expiration Date: 1800-01-01T00:00:00.001-05:00

Tax Info

  • Estimated Taxes: 4210

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2024
Closed on
Jul 1, 2024
Sold by
James River Place Llc
Bought by
Roberts Kenneth Larry and Roberts Leslie Lewis
Seller's Agent
Terri Proffitt
Consensus Real Estate Service
Buyer's Agent
Dodd Harvey
Consensus Real Estate Service
List Price
$654,900
Sold Price
$632,500
Premium/Discount to List
-$22,400
-3.42%
Views
72
Current Estimated Value
$700,064

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,564
Avg. Annual Appreciation
6.62%
Original Mortgage
$275,000
Outstanding Balance
$272,935
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$404,449
Source: Public Records

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
Roberts Kenneth Larry $632,500 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Roberts Kenneth Larry $275,000
Previous Owner James River Place Llc $315,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2024 07/09/24 Sold $632,500 -3.4% $334 / Sq Ft
06/25/2024 06/25/24 Pending -- -- --
04/16/2024 04/16/24 For Sale $654,900 -- $346 / 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 $4,210 $473,000 $66,200 $406,800
2023 $4,210 $473,000 $66,200 $406,800
2022 $4,696 $455,900 $66,200 $389,700
2021 $5,060 $455,900 $66,200 $389,700
2020 $3,780 $340,500 $61,700 $278,800
2019 $3,780 $340,500 $61,700 $278,800
2018 $3,556 $331,200 $61,700 $269,500
2017 $3,676 $331,200 $61,700 $269,500
2016 $3,437 $309,600 $61,700 $247,900
2015 $3,437 $0 $0 $0
2014 $3,437 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 351681

APN: 046-03-014