NOT LISTED FOR SALE

1405 Monroe St Lynchburg, VA 24504

Diamond Hill Neighborhood

Estimated Value: $71,000 - $111,000

3 Beds
1 Bath
1,566 Sq Ft
$57/Sq Ft Est. Value

Last Sold February 28, 2023

Last sale price $62,500 $40 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $517/month

Highlights

  • Laundry closet
  • Forced Air Heating System
  • Carpet

About This Home

As of February 2023

This is property is being entered for Comp purposes only.

Last Agent to Sell the Property

Trevor Gillispie

Elite Realty License #0225241780 Listed on: 02/28/2023

Last Buyer's Agent

Susan Murray

Epique Realty License #0225212736

Epique Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $605

Year Built

  • Built in 1900

Lot Details

  • 3,446 Sq Ft Lot

Home Design

  • Shingle Roof

Interior Spaces

  • 1,566 Sq Ft Home
  • 2-Story Property
  • Crawl Space
  • Electric Range

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry closet
  • Washer and Dryer Hookup

Schools

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

Utilities

  • No Cooling
  • Forced Air Heating System
  • Electric Water Heater

Community Details

  • Grace Street Subdivision

Listing and Financial Details

  • Assessor Parcel Number 02621007

Home Details

Home Type

Single Family

Est. Annual Taxes

$605

Year Built

Built in 1900

Lot Details

0

Listing Details

  • FILLACRES: 0.0791
  • Directions: US29-BUS take exit 2 towards Grace St, turn left onto Grace St, turn left onto 16th St, turn right onto Monroe St, home will be on the left
  • ElementarySchool7: Perrymont Elem
  • HighSchool7: Heritage High
  • Lot Measurement: Acres
  • Lot Sq Ft: 3446.00
  • MiddleSchool7: PL Dunbar Midl
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 02621007
  • Year Built: 1900
  • Heating System: Forced Warm Air-Gas
  • Building Stories: Two
  • Dwelling Styles: Two Story
  • Laundryroom Dim: 0.000 x 0.000
  • Living Room Dim: 12.000 x 13.000
  • Livingroom Len: 12.000
  • Livingroom Wid: 13.000
  • Masterbedroom Area: 168.000000
  • Master Bedroom Dim: 14.000 x 12.000
  • Masterbedroom Len: 14.000
  • Masterbedroom Wid: 12.000
  • 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: DIAMOND HILL, BLK 1062
  • Reciprocal Listing: No
  • Second Bedroom: 11x12 Level: Level 2 Above Grade
  • Second Bedroom Area: 132.000000
  • Third Bedroom: 12x12 Level: Level 2 Above Grade
  • Third Bedroom Area: 144.000000
  • Above Grade Finished Sq Ft: 1566.00
  • ApplianceConvey: Range-Elec, Refrigerator
  • Has Attic: None
  • Has Basement: Crawl Space
  • Flooring: Carpet, Vinyl
  • Year Built Exception: 0
  • Level 2 Full Bathrooms: 1
  • Interior Amenities: Drywall
  • Dining Kitchen: 15x13 Level: Level 1 Above Grade
  • Laundry: Dryer Connection, Laundry Closet, Washer Connections
  • Living Room: 12x13 Level: Level 1 Above Grade
  • Master Bedroom: 14x12 Level: Level 2 Above Grade
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 195.000000
  • LivingRoom 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

  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: Other

Garage/Parking

  • Garage Dim: 0.000 x 0.000

Utilities

  • Air Conditioner: None
  • Sewer: City
  • Hot Water: City
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors
  • Subdivision Complex: Grace Street

Schools

  • School District: Lynchburg
  • School District: Lynchburg

Lot Info

  • Lot Sq Ft: 1566.00

Tax Info

  • Estimated Taxes: 605

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 3, 2024
Sold by
Bootstrap Properties Llc
Bought by
Bootstrap Properties Mj and Button
Current Estimated Value
$89,968

Purchase Details

Listed on
Feb 28, 2023
Closed on
Jan 23, 2023
Sold by
Buscher Enterprises Llc
Bought by
Bootstrap Properties Llc
Seller's Agent
Trevor Gillispie
Elite Realty
Buyer's Agent
Susan Murray
Epique Realty
List Price
$62,500
Sold Price
$62,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.13%
Original Mortgage
$53,125
Interest Rate
6.48%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Jan 3, 2020
Closed on
Aug 18, 2020
Sold by
Reedy Creek Properties Llc
Bought by
Buscher Enterprises Llc
Seller's Agent
Lonnie Maines
BHHS Dawson Ford Garbee-Forest
Buyer's Agent
Trevor Gillispie
Elite Realty
List Price
$55,000
Sold Price
$50,000
Premium/Discount to List
-$5,000
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.26%
Original Mortgage
$40,000
Interest Rate
3%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 11, 2017
Sold by
Noble Holdings Llc
Bought by
Reedy Creek Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,800
Interest Rate
4.3%
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
Bootstrap Properties Mj -- Old Republic National Title In
Bootstrap Properties Llc $62,500 Old Republic National Title In
Buscher Enterprises Llc $50,000 None Available
Reedy Creek Properties Llc $25,600 Advantage Title & Closing Ll
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bootstrap Properties Llc $53,125
Previous Owner Buscher Enterprises Llc $40,000
Previous Owner Reedy Creek Properties Llc $84,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2023 02/28/23 Sold $62,500 0.0% $40 / Sq Ft
02/28/2023 02/28/23 Pending -- -- --
02/28/2023 02/28/23 For Sale $62,500 +25.0% $40 / Sq Ft
08/21/2020 08/21/20 Sold $50,000 -9.1% $32 / Sq Ft
07/07/2020 07/07/20 Pending -- -- --
01/03/2020 01/03/20 For Sale $55,000 -- $35 / 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 $453 $50,900 $12,000 $38,900
2023 $113 $50,900 $12,000 $38,900
2022 $561 $54,500 $10,000 $44,500
2021 $605 $54,500 $10,000 $44,500
2020 $352 $31,700 $7,000 $24,700
2019 $352 $31,700 $7,000 $24,700
2018 $349 $31,400 $7,000 $24,400
2017 $349 $31,400 $7,000 $24,400
2016 $349 $31,400 $7,000 $24,400
2015 -- $32,600 $2,000 $30,600
2014 -- $84,700 $2,000 $82,700
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2023

    Trevor Gillispie

    Elite Realty

    (434) 660-5853

    2 in this area

    311 Total Sales

    Trevor Gillispie
    Section Image
  • Susan Murray

    Buyer's Agent in 2023

    Susan Murray

    Epique Realty

    (434) 420-4240

    10 in this area

    111 Total Sales

    Susan Murray
    Section Image

  • L

    Seller's Agent in 2020

    Lonnie Maines

    BHHS Dawson Ford Garbee-Forest

See All Agents

Map

Source: Lynchburg Association of REALTORS®

MLS Number: 342690

APN: 026-21-007

Virginia Lynchburg City County Lynchburg 24504 Diamond Hill

1405 Monroe St, Lynchburg, VA

This home is located at 1405 Monroe St, Lynchburg, VA 24504 since 28 February 2023 and is currently estimated at $89,968, approximately $57 per square foot. This property was built in 1900. 1405 Monroe St is a home located in Lynchburg City with nearby schools including Perrymont Elementary School, Paul Laurence Dunbar Mid. for Innov., and Heritage High School.

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