NOT LISTED FOR SALE

1407 Monroe St Lynchburg, VA 24504

Diamond Hill Neighborhood

Estimated Value: $109,000 - $226,000

3 Beds
1.5 Baths
1,644 Sq Ft
$89/Sq Ft Est. Value

Last Sold August 23, 2022

Last sale price $94,000 $57 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $849/month

33 Days on Market

Highlights

  • River Nearby
  • Main Floor Bedroom
  • Forced Air Heating System
  • Wood Flooring
  • Walk-In Closet
  • Ceiling Fan

About This Home

As of August 2022

This great home in the downtown district of Lynchburg is awaiting your finishing touches! Perfect for investors and home owners alike. Many upgrades including brand new cabinets, counter tops, new bathroom vanities, new toilets, new shower insert, new oil tank, and new paint throughout! Call today for a private showing!

Last Agent to Sell the Property

Gregory Bentz

Keller Williams License #0225244209 Listed on: 06/07/2022

Keller Williams

Co-Listed By

Teresa Grant

Keller Williams License #0225087218

Last Buyer's Agent

DeAnn Brown

Long & Foster-Forest License #0225064346

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $440

Year Built

  • Built in 1890

Lot Details

  • 4,182 Sq Ft Lot
  • Property is zoned R3

Home Design

  • Shingle Roof

Interior Spaces

  • 1,644 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Crawl Space
  • Laundry on main level

Flooring

  • Wood
  • Vinyl Plank

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet

Outdoor Features

  • River Nearby

Schools

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

Utilities

  • No Cooling
  • Forced Air Heating System
  • Electric Water Heater
  • High Speed Internet

Community Details

  • Grace Street Subdivision

Listing and Financial Details

  • Assessor Parcel Number 02621008

Home Details

Home Type

Single Family

Est. Annual Taxes

$440

Year Built

Built in 1890

Lot Details

0

Listing Details

  • FILLACRES: 0.0960
  • Directions: From the Lynchburg Expressway to the Kemper Street Exit, Right on 12th Street, Right on Monroe Street, Home is on the right.
  • ElementarySchool7: Perrymont Elem
  • HighSchool7: Heritage High
  • Lot Measurement: Acres
  • Lot Sq Ft: 4182.00
  • MiddleSchool7: PL Dunbar Midl
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 02621008
  • Year Built: 1890
  • Heating System: Forced Warm Air-Elec
  • Building Stories: Two
  • Dwelling Styles: Two Story
  • Laundryroom Dim: 10.000 x 7.000
  • Laundryroom Len: 10.000
  • Living Room Dim: 15.000 x 15.000
  • Livingroom Len: 15.000
  • Livingroom Wid: 15.000
  • Masterbedroom Area: 240.000000
  • Master Bedroom Dim: 16.000 x 15.000
  • Masterbedroom Len: 16.000
  • Masterbedroom Wid: 15.000
  • Office Dim: 0.000 x 0.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 2.00
  • Bathrooms Display: 2 (1 1)
  • Lower Floor 1 Bedrooms: 3
  • Broker Approved: Yes
  • Legal Description: DIAMOND HILL, BLK 1062
  • Reciprocal Listing: No
  • Second Bedroom: 15x15 Level: Level 2 Above Grade
  • Second Bedroom Area: 225.000000
  • Third Bedroom: 15x15 Level: Level 2 Above Grade
  • Third Bedroom Area: 225.000000
  • Above Grade Finished Sq Ft: 1644.00
  • ApplianceConvey: None
  • Has Attic: Other
  • Has Basement: Crawl Space
  • Flooring: Hardwood, Vinyl Plank
  • Year Built Exception: 0
  • Level 1 Full Bathrooms: 1
  • Level 2 Half Bathroom: 1
  • Interior Amenities: Ceiling Fan(s), High Speed Data Aval, Main Level Bedroom, Walk-In Closet(s)
  • Dining Kitchen: 11x9 Level: Level 1 Above Grade
  • Laundry: Main Level
  • Laundry Room: 10x7 Level: Level 1 Above Grade
  • Living Room: 15x15 Level: Level 1 Above Grade
  • Master Bedroom: 16x15 Level: Level 1 Above Grade
  • Porch: 20x4 Level: Level 1 Above Grade
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 99.000000
  • Laundry Room Area: 70.000000
  • LivingRoom Area: 225.000000
  • 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: River Nearby

Garage/Parking

  • Garage Dim: 0.000 x 0.000

Utilities

  • Utility Electric: AEP/Appalachian Powr
  • 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: 1644.00
  • Zoning: R3

Tax Info

  • Estimated Taxes: 440

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2022
Closed on
Aug 23, 2022
Sold by
Rjc Holdings Llc
Bought by
Brock Jennifer and Brock-Fortune Christina L
Seller's Agent
Gregory Bentz
Keller Williams
Buyer's Agent
DeAnn Brown
Long & Foster-Forest
List Price
$105,000
Sold Price
$94,000
Premium/Discount to List
-$11,000
-10.48%
Current Estimated Value
$146,707

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,707
Avg. Annual Appreciation
15.83%
Original Mortgage
$84,600
Outstanding Balance
$81,099
Interest Rate
5.51%
Mortgage Type
New Conventional
Estimated Equity
$65,608

Purchase Details

Closed on
Dec 8, 2017
Sold by
Chapman Robert O and Chapman Jacqueline M
Bought by
Rjc Holdings Llc

Purchase Details

Listed on
Feb 3, 2016
Closed on
Jul 29, 2016
Sold by
Allison Investments L L C
Bought by
Chapman Robert O and Chapman Jacqueline M
Seller's Agent
Michelle Talley
Mark A. Dalton & Co., Inc.
Buyer's Agent
J Wayne Henson
Century 21 ALL-SERVICE-FOR
List Price
$38,000
Sold Price
$33,000
Premium/Discount to List
-$5,000
-13.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.84%
Original Mortgage
$26,400
Interest Rate
3.56%
Mortgage Type
Commercial
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
Brock Jennifer $94,000 Old Republic National Title
Rjc Holdings Llc -- None Available
Chapman Robert O $33,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brock Jennifer $84,600
Previous Owner Chapman Robert O $26,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2022 08/23/22 Sold $94,000 -10.5% $57 / Sq Ft
07/10/2022 07/10/22 Pending -- -- --
06/07/2022 06/07/22 For Sale $105,000 +218.2% $64 / Sq Ft
08/03/2016 08/03/16 Sold $33,000 -13.2% $20 / Sq Ft
07/29/2016 07/29/16 Pending -- -- --
02/03/2016 02/03/16 For Sale $38,000 -- $23 / 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 $677 $76,100 $12,000 $64,100
2023 $677 $76,100 $12,000 $64,100
2022 $408 $39,600 $10,000 $29,600
2021 $440 $39,600 $10,000 $29,600
2020 $367 $33,100 $7,000 $26,100
2019 $367 $33,100 $7,000 $26,100
2018 $367 $33,100 $7,000 $26,100
2017 $367 $33,100 $7,000 $26,100
2016 $367 $33,100 $7,000 $26,100
2015 $367 $31,700 $2,000 $29,700
2014 $352 $31,700 $2,000 $29,700
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2022

    Gregory Bentz

    Keller Williams

    Section Image
  • Teresa Grant

    Seller Co-Listing Agent in 2022

    Teresa Grant

    Keller Williams

    (434) 546-3202

    6 in this area

    289 Total Sales

    Teresa Grant
    Section Image

  • D

    Buyer's Agent in 2022

    DeAnn Brown

    Long & Foster-Forest

    (434) 316-6100

    1 in this area

    47 Total Sales

    DeAnn Brown
    Section Image

  • M

    Seller's Agent in 2016

    Michelle Talley

    Mark A. Dalton & Co., Inc.

    Section Image

  • J

    Seller Co-Listing Agent in 2016

    Joshua Talley

    Mark A. Dalton & Co., Inc.

  • J

    Buyer's Agent in 2016

    J Wayne Henson

    Century 21 ALL-SERVICE-FOR

    (434) 401-1415

    13 Total Sales

    J Wayne Henson
    Section Image
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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 338655

APN: 026-21-008

Virginia Lynchburg City County Lynchburg 24504 Diamond Hill

1407 Monroe St, Lynchburg, VA

This home is located at 1407 Monroe St, Lynchburg, VA 24504 since 07 June 2022 and is currently estimated at $146,707, approximately $89 per square foot. This property was built in 1890. 1407 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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