NOT LISTED FOR SALE

1221 Wood Rd Unit A&B Lynchburg, VA 24502

-- Bed
-- Bath
2,532 Sq Ft
0.26 Acres

Last Sold July 26, 2018

Last sale price $204,000 $81 Per Sq Ft

28 Days on Market

About This Home

As of July 2018

Great investment in the heart of Lynchburg. 2 townhome units, Sold as a package. one is occupied and one is vacant and will have fresh paint, brand new flooring, and blinds. Both units are 2 beds, 2.5 baths with each room having their own bathroom and a half bath on the main level. Owner pays water/sewer/trash/landscaping. The water is set up to add a second meter if desired. This is a must see and will not last long! Priced below assessment!

Last Agent to Sell the Property

Allen Addair

eXp Realty LLC-Lynchburg License #0225215802 Listed on: 06/04/2018

eXp Realty LLC-Lynchburg

Last Buyer's Agent

Allen Addair

eXp Realty LLC-Lynchburg License #0225215802 Listed on: 06/04/2018

eXp Realty LLC-Lynchburg

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,450

Year Built

  • Built in 2011

Lot Details

  • 0.26 Acre Lot

Parking

  • Unpaved Driveway

Home Design

  • 2,532 Sq Ft Home

Flooring

  • Carpet
  • Vinyl

Schools

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

Utilities

  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 25311056-25311057

Community Details

Overview

  • 2 Units

Building Details

  • 1 Separate Water Meter
  • Gross Income $18,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,450

Year Built

Built in 2011

Lot Details

0

Listing Details

  • FILLACRES: 0.2560
  • ElementarySchool7: Heritage Elem
  • HighSchool7: Heritage High
  • Lot Measurement: Acres
  • Lot Sq Ft: 11151.00
  • MiddleSchool7: Sandusky Midl
  • Days On Market: No
  • Property Subtype1: Multi-Family
  • Prop. Type: Multi-Family
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 25311056-25311057
  • Year Built: 2011
  • Heating System: Heat Pump
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Broker Approved: Yes
  • Legal Description: HARRIS PROPERTY RESIDUE OF PARCEL 2, LOT A2 HARRIS PROPERTY RESIDUE OF PARCEL 2, LOT A1
  • Reciprocal Listing: No
  • Flooring: Carpet, Vinyl
  • Year Built Exception: 0
  • Walls: Drywall

Garage/Parking

  • Parking: Unpaved Drive, Other

Utilities

  • Utility Electric: American Electric
  • Cooling: Heat Pump
  • Sewer: City
  • Hot Water: City
  • Water Heater: Electric
  • Number Of Water Meters: 1

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors

Association/Amenities

  • Entry Level Unit: A&B

Schools

  • School District: Lynchburg
  • School District: Lynchburg

Lot Info

  • Lot Sq Ft: 2532.00

Rental Info

  • Types Of Leases: Other

Tax Info

  • Estimated Taxes: 2450

Multi Family

  • Annual Gross Income: 18000.00
  • Total Number Units: 2

Range of Values:

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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2018 07/26/18 Sold $204,000 -9.3% $81 / Sq Ft
07/02/2018 07/02/18 Pending -- -- --
06/04/2018 06/04/18 For Sale $225,000 -- $89 / Sq Ft
Source: Lynchburg Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 312300