1321 Cherokee Ave Lynchburg, VA 24502
Fort Hill Neighborhood
3
Beds
1
Bath
2,248
Sq Ft
0.26
Acres
Highlights
- 2-Story Property
- Fireplace in Basement
- Garden
- Main Floor Bedroom
About This Home
As of September 2020This 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
EXP Realty LLC-Forest License #0225224109 Listed on: 08/05/2020
Last Buyer's Agent
Joel Martin Cox
eXp Realty LLC-Stafford License #0225239762
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
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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,046
Avg. Annual Appreciation
8.99%
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
Similar Homes in Lynchburg, VA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $155,000 | Fidelity National Title | |
| Deed | $110,000 | None Available | |
| Deed | -- | Reliance Title And Settlemen |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $131,750 | New Conventional | |
| Previous Owner | $5,500 | Stand Alone Second | |
| Previous Owner | $106,328 | FHA | |
| Previous Owner | $98,887 | VA | |
| Previous Owner | $98,064 | VA |
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
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
-
Seller's Agent in 2020
Renee Ruth
EXP Realty LLC-Forest
(434) 851-1300
9 in this area
250 Total Sales
-
J
Buyer's Agent in 2020
Joel Martin Cox
eXp Realty LLC-Stafford
-
S
Seller's Agent in 2012
Sue Bean
RE/MAX
-
J
Buyer's Agent in 2012
Jason Roberts
Century 21 ALL-SERVICE
Map
Source: Lynchburg Association of REALTORS®
MLS Number: 326514
APN: 029-13-101
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