NOT LISTED FOR SALE

1309 Monsview Place Unit 2 Lynchburg, VA 24504

Rivermont Neighborhood

Estimated Value: $145,563 - $175,000

-- Bed
-- Bath
1,927 Sq Ft
$81/Sq Ft Est. Value

Last Sold August 31, 2015

Last sale price $77,500 $40 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $912/month

454 Days on Market

About This Home

As of August 2015

Well maintained duplex with positive cash flow. Both units are rented and the tenants want to stay.

Last Agent to Sell the Property

DeAnn Brown

Long & Foster-Forest License #0225064346 Listed on: 05/30/2014

Last Buyer's Agent

Edwin Clever

Coldwell Banker Forehand & Co. License #0225215935

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $700

Year Built

  • Built in 1956

Lot Details

  • 4,966 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • 1,927 Sq Ft Home
  • Plaster Walls

Flooring

  • Wood
  • Vinyl

Schools

  • Linkhorne Elementary School
  • Linkhorne Midl Middle School
  • E. C. Glass High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 00804004

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Gross Income $12,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$700

Year Built

Built in 1956

Lot Details

0

Listing Details

  • FILLACRES: 0.1140
  • Directions: Rivermont Avenue to Monsview Place. Duplex on the left.
  • ElementarySchool7: Linkhorne Elem
  • HighSchool7: E. C. Glass High
  • Lot Measurement: Acres
  • Lot Sq Ft: 4966.00
  • MiddleSchool7: Linkhorne Midl
  • Days On Market: No
  • Property Subtype1: Multi-Family
  • Prop. Type: Multi-Family
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 00804004
  • Year Built: 1956
  • Heating System: Forced Warm Air-Gas
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Broker Approved: Yes
  • Legal Description: Cosby/Menefee Prop, Blk 3, Lot 11
  • Reciprocal Listing: No
  • Flooring: Vinyl, Wood Floors
  • Year Built Exception: 0
  • Walls: Drywall, Plaster

Garage/Parking

  • Parking: On-Street

Utilities

  • Cooling: Central Electric
  • Sewer: City
  • Hot Water: City
  • Water Heater: Electric
  • Number of Gas Meters: 2
  • Number Of Water Meters: 2

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors

Association/Amenities

  • Entry Level Unit: 2

Schools

  • School District: Lynchburg
  • School District: Lynchburg

Lot Info

  • Lot Sq Ft: 1927.00
  • Zoning: R3

Rental Info

  • Types Of Leases: 1 Year Lease

Tax Info

  • Estimated Taxes: 700

Multi Family

  • Annual Gross Income: 12600.00
  • Total Number Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2014
Closed on
Jul 22, 2015
Sold by
Striped Enterprises Llc
Bought by
Younger Lynn A
Seller's Agent
DeAnn Brown
Long & Foster-Forest
Buyer's Agent
Edwin Clever
Coldwell Banker Forehand & Co.
List Price
$85,000
Sold Price
$77,500
Premium/Discount to List
-$7,500
-8.82%
Current Estimated Value
$156,641

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,141
Avg. Annual Appreciation
7.18%
Original Mortgage
$58,100
Outstanding Balance
$45,664
Interest Rate
4.09%
Mortgage Type
New Conventional
Estimated Equity
$110,977

Purchase Details

Closed on
Jan 17, 2006
Sold by
Anderson Rodrick H
Bought by
Striped Enterprises Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,000
Interest Rate
6.27%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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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
Younger Lynn A $77,500 None Available
Striped Enterprises Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Younger Lynn A $58,100
Previous Owner Striped Enterprises Llc $74,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2015 08/31/15 Sold $77,500 -8.8% $40 / Sq Ft
08/27/2015 08/27/15 Pending -- -- --
05/30/2014 05/30/14 For Sale $85,000 -- $44 / 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
2025 $1,013 $120,600 $17,000 $103,600
2024 $939 $105,500 $12,500 $93,000
2023 $939 $105,500 $12,500 $93,000
2022 $932 $90,500 $10,000 $80,500
2021 $1,005 $90,500 $10,000 $80,500
2020 $857 $77,200 $10,000 $67,200
2019 $857 $77,200 $10,000 $67,200
2018 $835 $75,200 $8,000 $67,200
2017 $835 $75,200 $8,000 $67,200
2016 $835 $75,200 $8,000 $67,200
2015 $209 $62,800 $3,700 $59,100
2014 $697 $67,600 $4,000 $63,600
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2015

    DeAnn Brown

    Long & Foster-Forest

    (434) 316-6100

    46 Total Sales

    DeAnn Brown
    Section Image

  • E

    Buyer's Agent in 2015

    Edwin Clever

    Coldwell Banker Forehand & Co.

See All Agents

Map

Source: Lynchburg Association of REALTORS®

MLS Number: 285638

APN: 008-04-004

Virginia Lynchburg City County Lynchburg 24504 Rivermont

1309 Monsview Place Unit 2, Lynchburg, VA

This home is located at 1309 Monsview Place Unit 2, Lynchburg, VA 24504 since 30 May 2014 and is currently estimated at $156,641, approximately $81 per square foot. This property was built in 1956. 1309 Monsview Place Unit 2 is a home located in Lynchburg City with nearby schools including Linkhorne Elementary School, Linkhorne Middle School, and E.C. Glass High School.

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