NOT LISTED FOR SALE

1416 Taylor St Lynchburg, VA 24504

Diamond Hill Neighborhood

Estimated Value: $43,000 - $163,000

3 Beds
1 Bath
1,860 Sq Ft
$53/Sq Ft Est. Value

Last Sold January 06, 2023

Last sale price $30,000 $16 Per Sq Ft

Est. 227% increase in value since last sale

Current estimated payment $566/month

113 Days on Market

Highlights

  • Multiple Fireplaces
  • Tennis Courts
  • Paneling
  • Wood Flooring
  • Formal Dining Room
  • Garden

About This Home

As of January 2023

If you are looking for a ton of potential in a home or a renovation project, then take notes. This home offers 3BR/1BA with plenty of space to put your personal touches on it. The 1st floor offers large living room, separate dining room, kitchen, & large foyer. The 2nd floor has two large bedrooms, & a full bath. The basement offers great potential, offering a 3rd BR, laundry, & storage space. Several homes in the area have been renovated, you can add this one to the list, home needs work & updating, but would make a great flip, starter home, or investment property. Close to everything downtown, shopping, restaurants, & much more!

Last Agent to Sell the Property

Mike Osei

Long & Foster-Forest License #0225209432 Listed on: 07/27/2022

Long & Foster-Forest

Last Buyer's Agent

Josh Redmond

Mark A. Dalton & Co., Inc. License #0225200760

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $664

Year Built

  • Built in 1915

Lot Details

  • 3,372 Sq Ft Lot
  • Garden
  • Property is zoned R-3

Home Design

  • Shingle Roof
  • Plaster

Interior Spaces

  • 1,860 Sq Ft Home
  • 2-Story Property
  • Paneling
  • Ceiling Fan
  • Multiple Fireplaces
  • Decorative Fireplace
  • Formal Dining Room
  • Interior Basement Entry
  • Attic Access Panel
  • Storm Doors

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Schools

  • Rs Payne Elementary School
  • Pl Dunbar Midl Middle School
  • Heritage High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 02621019

Community Details

Overview

  • Grace Street Subdivision

Recreation

  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$664

Year Built

Built in 1915

Lot Details

0

Listing Details

  • FILLACRES: 0.0774
  • Directions: 12th Street to Taylor St, to home with sign
  • ElementarySchool7: RS Payne Elem
  • HighSchool7: Heritage High
  • Internet Providers: Comcast/Xfinity
  • Lot Measurement: Acres
  • Lot Sq Ft: 3372.00
  • MiddleSchool7: PL Dunbar Midl
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 02621019
  • Year Built: 1915
  • Heating System: Forced Warm Air-Gas
  • Building Stories: Two
  • Dwelling Styles: Two Story
  • Foyer Area: 152.000000
  • Laundryroom Dim: 0.000 x 0.000
  • Living Room Dim: 15.000 x 15.000
  • Livingroom Len: 15.000
  • Livingroom Wid: 15.000
  • Masterbedroom Area: 180.000000
  • Master Bedroom Dim: 15.000 x 12.000
  • Masterbedroom Len: 15.000
  • 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: ROBERTA W TRENT EST, LOT 9
  • Reciprocal Listing: No
  • Second Bedroom: 16x12 Level: Level 2 Above Grade
  • Second Bedroom Area: 192.000000
  • Third Bedroom: 12x12 Level: Below Grade
  • Third Bedroom Area: 144.000000
  • Above Grade Finished Sq Ft: 1860.00
  • ApplianceConvey: None
  • Has Attic: Access
  • Has Basement: Interior Entrance
  • Flooring: Vinyl, Wood
  • Year Built Exception: 0
  • Fireplace: 3+ Fireplaces, Decorative/Non-Op
  • Formal Dining: 16x15 Level: Level 1 Above Grade
  • Foyer: 19x8 Level: Level 1 Above Grade
  • Level 2 Full Bathrooms: 1
  • Interior Amenities: Cable Available, Ceiling Fan(s), Paneling, Plaster, Separate Dining Room
  • Dining Kitchen: 12x12 Level: Level 1 Above Grade
  • Laundry: BASE, DRYC, WASC
  • Living Room: 15x15 Level: Level 1 Above Grade
  • Master Bedroom: 15x12 Level: Level 2 Above Grade
  • Porch: 22x8 Level: Level 1 Above Grade
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 144.000000
  • 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

  • Lot Number: 9
  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: Garden Space, Storm Doors, Tennis Courts 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: Gas

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: 1860.00
  • Zoning: R-3

Tax Info

  • Estimated Taxes: 664

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2022
Closed on
Dec 14, 2022
Sold by
Hawkins Evelyn Jean
Bought by
907 Main Street Llc
Seller's Agent
Mike Osei
Long & Foster-Forest
Buyer's Agent
Josh Redmond
Mark A. Dalton & Co., Inc.
List Price
$59,000
Sold Price
$30,000
Premium/Discount to List
-$29,000
-49.15%
Current Estimated Value
$98,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,000
Avg. Annual Appreciation
64.79%
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
907 Main Street Llc $30,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 907 Main Street Llc $183,750
Closed 907 Main Street Llc $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/06/2023 01/06/23 Sold $30,000 -49.2% $16 / Sq Ft
11/17/2022 11/17/22 Pending -- -- --
07/27/2022 07/27/22 For Sale $59,000 -- $32 / 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 $532 $23,500 $10,800 $12,700
2023 $209 $23,500 $10,800 $12,700
2022 $664 $59,800 $9,000 $50,800
2021 $664 $59,800 $9,000 $50,800
2020 $650 $58,600 $7,000 $51,600
2019 $650 $58,600 $7,000 $51,600
2018 $316 $57,000 $7,000 $50,000
2017 $633 $57,000 $7,000 $50,000
2016 $633 $57,000 $7,000 $50,000
2015 $395 $54,200 $2,000 $52,200
2014 $602 $54,200 $2,000 $52,200
Source: Public Records

Agents Affiliated with this Home

  • Mike Osei

    Seller's Agent in 2023

    Mike Osei

    Long & Foster-Forest

    (434) 444-6206

    17 in this area

    293 Total Sales

    Mike Osei
    Section Image

  • J

    Buyer's Agent in 2023

    Josh Redmond

    Mark A. Dalton & Co., Inc.

    (434) 386-1998

    3 in this area

    376 Total Sales

    Josh Redmond
    Section Image
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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 339657

APN: 026-21-019

Virginia Lynchburg City County Lynchburg 24504 Diamond Hill

1416 Taylor St, Lynchburg, VA

This home is located at 1416 Taylor St, Lynchburg, VA 24504 since 27 July 2022 and is currently estimated at $98,000, approximately $52 per square foot. This property was built in 1915. 1416 Taylor 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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