NOT LISTED FOR SALE

1308 Gates St Lynchburg, VA 24502

Fort Hill Neighborhood

Estimated Value: $249,000 - $266,757

3 Beds
2 Baths
2,515 Sq Ft
$104/Sq Ft Est. Value

Last Sold June 30, 2022

Last sale price $210,000 $83 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $1,529/month

3 Days on Market

Highlights

  • Multiple Fireplaces
  • Wood Flooring
  • En-Suite Primary Bedroom
  • Ranch Style House
  • Attic
  • Forced Air Heating and Cooling System

About This Home

As of June 2022

Check out this beautiful brick ranch home with over 2500 finished square feet and potential for 5 bedrooms located conveniently just off of Fort ave in Lynchburg. The home has a brand new roof, covered carport for parking and a nice private flat backyard. With some updating this home has some great potential, all the bedrooms are good size with wood flooring and the large living room has a wood burning fireplace. The basement features a large den with another fireplace, utility area and 2 other potential bedrooms or offices. The home has very wide hallways & steps leading up to the walk up attic and the basement. High speed internet is available, call today to take a look.

Last Agent to Sell the Property

Michael Guess

New Leaf Real Estate LLC License #0225244582 Listed on: 05/20/2022

Last Buyer's Agent

Tracy Ellett

Keller Williams License #0225245528

Keller Williams

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,527

Year Built

  • Built in 1956

Lot Details

  • 10,202 Sq Ft Lot

Parking

  • 2 Carport Spaces

Home Design

  • Ranch Style House
  • Shingle Roof

Interior Spaces

  • 2,515 Sq Ft Home
  • Multiple Fireplaces

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Attic

  • Attic Fan
  • Attic Floors
  • Walkup Attic

Finished Basement

  • Interior and Exterior Basement Entry
  • Laundry in Basement

Schools

  • Sheffield Elementary School
  • Pl Dunbar Midl Middle School
  • Heritage High School

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • Fort Hill East Subdivision

Listing and Financial Details

  • Assessor Parcel Number 05310009

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,527

Year Built

Built in 1956

Lot Details

0

Listing Details

  • FILLACRES: 0.2342
  • Directions: Fort ave to right on Lindsay st to left on Oxford to right on Gates, home is on the right
  • ElementarySchool7: Sheffield Elem
  • HighSchool7: Heritage High
  • Internet Providers: Comcast/Xfinity, GLO Fiber
  • Lot Measurement: Acres
  • Lot Sq Ft: 10202.00
  • MiddleSchool7: PL Dunbar Midl
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 05310009
  • Year Built: 1956
  • Heating System: Forced Warm Air-Gas
  • Building Stories: One
  • Dwelling Styles: Ranch
  • Officeden Len: 31.000
  • Officeden Wid: 16.000
  • Laundryroom Dim: 0.000 x 0.000
  • Living Room Dim: 13.000 x 22.000
  • Livingroom Len: 13.000
  • Livingroom Wid: 22.000
  • Masterbedroom Area: 182.000000
  • Master Bedroom Dim: 13.000 x 14.000
  • Masterbedroom Len: 13.000
  • Masterbedroom Wid: 14.000
  • Office Dim: 12.000 x 13.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 2.00
  • Bathrooms Display: 2 (2 0)
  • Lower Floor 1 Bedrooms: 3
  • Broker Approved: Yes
  • Legal Description: RADCLIFF, BLK 14, LOT 7
  • Reciprocal Listing: No
  • Second Bedroom: 13.70x10.03 Level: Level 1 Above Grade
  • Second Bedroom Area: 137.411000
  • Third Bedroom: 12x12 Level: Level 1 Above Grade
  • Third Bedroom Area: 144.000000
  • Fourth Bedroom: 13x11 Level: Below Grade
  • Fourth Bedroom Area: 143.000000
  • Above Grade Finished Sq Ft: 1491.00
  • ApplianceConvey: Dishwasher, Range-Elec, Refrigerator
  • Has Attic: Floored, Walk In, Walk-Up Stairs
  • Has Basement: Exterior Entrance, Finished, Interior Entrance
  • Flooring: Hardwood, Vinyl
  • Year Built Exception: 0
  • Den: 31x16 Level: Below Grade
  • Fireplace: 2 Fireplaces
  • Level 1 Full Bathrooms: 2
  • Interior Amenities: Cable Available, High Speed Data Aval, Main Level Bedroom, Master Bed w/ Bath
  • Dining Kitchen: 13x14.50 Level: Level 1 Above Grade
  • Laundry: Basement
  • Living Room: 13x22 Level: Level 1 Above Grade
  • Master Bedroom: 13x14 Level: Level 1 Above Grade
  • Office: 12x13 Level: Below Grade
  • Den Area: 496.000000
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 188.500000
  • LivingRoom Area: 286.000000
  • Office Area: 156.000000
  • 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

  • Lot Number: 7
  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: Paved Drive

Garage/Parking

  • CarportParking: 2 Car
  • Garage Dim: 0.000 x 0.000

Utilities

  • Utility Electric: AEP/Appalachian Powr
  • Air Conditioner: Attic Fan, Central Electric
  • Sewer: City
  • Hot Water: City
  • Water Heater: Gas

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors
  • Subdivision Complex: Fort Hill - East

Schools

  • School District: Lynchburg
  • School District: Lynchburg

Lot Info

  • Lot Sq Ft: 2515.00

Tax Info

  • Estimated Taxes: 1527

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2022
Closed on
Jun 27, 2022
Sold by
Wade Deborah P
Bought by
Glass Matthew Shane and Hutcherson Alexandra Nicole
Seller's Agent
Michael Guess
New Leaf Real Estate LLC
Buyer's Agent
Tracy Ellett
Keller Williams
List Price
$195,000
Sold Price
$210,000
Premium/Discount to List
$15,000
7.69%
Current Estimated Value
$260,939

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,939
Avg. Annual Appreciation
6.12%
Original Mortgage
$206,196
Outstanding Balance
$197,819
Interest Rate
5.25%
Mortgage Type
FHA
Estimated Equity
$56,434
Source: Public Records

Range of Values:

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Average Value
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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
Glass Matthew Shane $210,000 Absolute Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Glass Matthew Shane $206,196
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2022 06/30/22 Sold $210,000 +7.7% $83 / Sq Ft
05/23/2022 05/23/22 Pending -- -- --
05/20/2022 05/20/22 For Sale $195,000 -- $78 / 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 $1,668 $187,400 $30,000 $157,400
2023 $1,668 $187,400 $30,000 $157,400
2022 $1,493 $145,000 $25,000 $120,000
2021 $402 $145,000 $25,000 $120,000
2020 $1,527 $137,600 $25,000 $112,600
2019 $1,527 $137,600 $25,000 $112,600
2018 $427 $153,700 $20,000 $133,700
2017 $1,706 $153,700 $20,000 $133,700
2016 $1,706 $153,700 $20,000 $133,700
2015 $427 $153,700 $20,000 $133,700
2014 $427 $153,700 $20,000 $133,700
Source: Public Records

Agents Affiliated with this Home

  • Michael Guess

    Seller's Agent in 2022

    Michael Guess

    New Leaf Real Estate LLC

    (434) 258-3777

    2 in this area

    192 Total Sales

    Michael Guess
    Section Image
  • Tracy Ellett

    Buyer's Agent in 2022

    Tracy Ellett

    Keller Williams

    (434) 444-2063

    4 in this area

    136 Total Sales

    Tracy Ellett
    Section Image
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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 338361

APN: 053-10-009

Virginia Lynchburg City County Lynchburg 24502 Fort Hill

1308 Gates St, Lynchburg, VA

This home is located at 1308 Gates St, Lynchburg, VA 24502 since 20 May 2022 and is currently estimated at $260,939, approximately $103 per square foot. This property was built in 1956. 1308 Gates St is a home located in Lynchburg City with nearby schools including Sheffield Elementary School, Paul Laurence Dunbar Mid. for Innov., and Heritage High School.

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