NOT LISTED FOR SALE

1321 Cherokee Ave Lynchburg, VA 24502

Fort Hill Neighborhood

Estimated Value: $211,000 - $258,185

3 Beds
1 Bath
2,248 Sq Ft
$106/Sq Ft Est. Value

Last Sold September 28, 2020

Last sale price $155,000 $69 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $1,420/month

7 Days on Market

Highlights

  • 2-Story Property
  • Fireplace in Basement
  • Garden
  • Main Floor Bedroom

About This Home

As of September 2020

This charming brick ranch sits on a private cut de sac in the heart of Lynchburg! Paved private drive provides off-street parking with a quiet, terraced backyard for entertaining. MAIN LEVEL master and bath, plus updated kitchen and appliances give this home that modern edge. Beautiful hardwood floors throughout and two fireplaces keep this home cozy in the winter months. Brand new heat pump last year, this home is move in ready with a full finished basement, a bonus 4th room downstairs and the ability to put a second bathroom in the basement. This house is a MUST SEE!!

Last Agent to Sell the Property

Renee Ruth

EXP Realty LLC-Forest License #0225224109 Listed on: 08/05/2020

EXP Realty LLC-Forest

Last Buyer's Agent

Joel Martin Cox

eXp Realty LLC-Stafford License #0225239762

eXp Realty LLC-Stafford

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,186

Year Built

  • Built in 1952

Lot Details

  • 0.26 Acre Lot
  • Garden

Home Design

  • 2-Story Property

Interior Spaces

  • 2,248 Sq Ft Home
  • Laminate Flooring
  • Attic Access Panel

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom

Finished Basement

  • Interior and Exterior Basement Entry
  • Fireplace in Basement
  • Laundry in Basement

Schools

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

Utilities

  • Heat Pump System
  • Electric Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,186

Year Built

Built in 1952

Lot Details

0

Listing Details

  • FILLACRES: 0.2630
  • Directions: Fort Ave, to St. Cloud to Cherokee Ave
  • ElementarySchool7: Sheffield Elem
  • HighSchool7: Heritage High
  • Lot Measurement: Acres
  • Lot Sq Ft: 11456.00
  • MiddleSchool7: PL Dunbar Midl
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • Year Built: 1952
  • Heating System: Heat Pump
  • Building Stories: Two
  • Dwelling Styles: Ranch
  • Laundryroom Dim: 0.000 x 0.000
  • Living Room Dim: 0.000 x 0.000
  • Masterbedroom Area: 168.000000
  • Master Bedroom Dim: 12.000 x 14.000
  • Masterbedroom Len: 12.000
  • Masterbedroom Wid: 14.000
  • Office Dim: 0.000 x 0.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 1.00
  • Bathrooms Display: 1 (1 0)
  • Lower Floor 1 Bedrooms: 3
  • Broker Approved: Yes
  • Legal Description: BOWER PARK, BLK 3, LOTS 46-47 & PT LOT 45 & LOT 48
  • Reciprocal Listing: No
  • Second Bedroom: 10x11 Level: Level 1 Above Grade
  • Second Bedroom Area: 110.000000
  • Third Bedroom: 10x11 Level: Level 1 Above Grade
  • Third Bedroom Area: 110.000000
  • Above Grade Finished Sq Ft: 1604.00
  • ApplianceConvey: Dishwasher, Microwave, Range-Elec, Refrigerator
  • Has Attic: Access
  • Has Basement: Exterior Entrance, Finished, Fireplace, Interior Entrance
  • Flooring: Laminate
  • Year Built Exception: 0
  • Level 1 Full Bathrooms: 1
  • Interior Amenities: Main Level Bedroom
  • Laundry: Basement
  • Master Bedroom: 12x14 Level: Level 1 Above Grade
  • Livinggreat Room Dim: 0.000 x 0.000
  • 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

  • Roof: Other
  • New Construction: Completed
  • Exterior Features: Paved Drive, Garden Space

Garage/Parking

  • Garage Dim: 0.000 x 0.000

Utilities

  • Air Conditioner: Heat Pump
  • Sewer: City
  • Hot Water: City
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors

Schools

  • School District: Lynchburg
  • School District: Lynchburg

Lot Info

  • Lot Sq Ft: 2248.00

Tax Info

  • Estimated Taxes: 1186

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2020
Closed on
Sep 10, 2020
Sold by
Watson Lorenzo K
Bought by
Miller Jonathan Glenn
Seller's Agent
Renee Ruth
EXP Realty LLC-Forest
Buyer's Agent
Joel Martin Cox
eXp Realty LLC-Stafford
List Price
$159,900
Sold Price
$155,000
Premium/Discount to List
-$4,900
-3.06%
Current Estimated Value
$235,483

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,483
Avg. Annual Appreciation
8.97%
Original Mortgage
$131,750
Outstanding Balance
$118,239
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$117,248

Purchase Details

Listed on
Jul 19, 2011
Closed on
May 4, 2012
Sold by
Caballero Eugene C and Caballero Betsey R
Bought by
Watson Lorenzo K
Seller's Agent
Sue Bean
Re/Max 1st Olympic
Buyer's Agent
Jason Roberts
Century 21 ALL-SERVICE
List Price
$124,900
Sold Price
$110,000
Premium/Discount to List
-$14,900
-11.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.21%
Original Mortgage
$5,500
Interest Rate
3.85%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jan 21, 2009
Sold by
Thompson Mary R and Rabineau Judith T
Bought by
Caballero Eugene C and Caballero Betsy R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,064
Interest Rate
5.5%
Mortgage Type
VA
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
Miller Jonathan Glenn $155,000 Fidelity National Title
Watson Lorenzo K $110,000 None Available
Caballero Eugene C -- Reliance Title And Settlemen
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miller Jonathan Glenn $131,750
Previous Owner Watson Lorenzo K $5,500
Previous Owner Watson Lorenzo K $106,328
Previous Owner Caballero Eugene C $98,887
Previous Owner Caballero Eugene C $98,064
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2020 09/28/20 Sold $155,000 -3.1% $69 / Sq Ft
08/12/2020 08/12/20 Pending -- -- --
08/05/2020 08/05/20 For Sale $159,900 +45.4% $71 / Sq Ft
06/04/2012 06/04/12 Sold $110,000 -11.9% $68 / Sq Ft
05/31/2012 05/31/12 Pending -- -- --
07/19/2011 07/19/11 For Sale $124,900 -- $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 $1,577 $177,200 $30,000 $147,200
2023 $1,577 $177,200 $30,000 $147,200
2022 $1,505 $146,100 $25,000 $121,100
2021 $1,622 $146,100 $25,000 $121,100
2020 $1,404 $126,500 $25,000 $101,500
2019 $1,404 $126,500 $25,000 $101,500
2018 $1,187 $106,900 $20,000 $86,900
2017 $1,187 $106,900 $20,000 $86,900
2016 $1,187 $106,900 $20,000 $86,900
2015 $1,187 $106,900 $20,000 $86,900
2014 $1,187 $106,900 $20,000 $86,900
Source: Public Records

Agents Affiliated with this Home

  • Renee Ruth

    Seller's Agent in 2020

    Renee Ruth

    EXP Realty LLC-Forest

    (434) 851-1300

    9 in this area

    253 Total Sales

    Section Image

  • J

    Buyer's Agent in 2020

    Joel Martin Cox

    eXp Realty LLC-Stafford

    Section Image

  • S

    Seller's Agent in 2012

    Sue Bean

    RE/MAX

  • J

    Buyer's Agent in 2012

    Jason Roberts

    Century 21 ALL-SERVICE

See All Agents

Map

Source: Lynchburg Association of REALTORS®

MLS Number: 326514

APN: 029-13-101

Virginia Lynchburg City County Lynchburg 24502 Fort Hill

1321 Cherokee Ave, Lynchburg, VA

This home is located at 1321 Cherokee Ave, Lynchburg, VA 24502 since 05 August 2020 and is currently estimated at $238,046, approximately $105 per square foot. This property was built in 1952. 1321 Cherokee Ave 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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