NOT LISTED FOR SALE

1417 Early St Lynchburg, VA 24503

Rivermont Neighborhood

Estimated Value: $197,000 - $293,000

-- Bed
2 Baths
2,352 Sq Ft
$104/Sq Ft Est. Value

Last Sold April 18, 2024

Last sale price $224,900 $96 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,450/month

4 Days on Market

About This Home

As of April 2024

Don't miss this partially renovated duplex in a sought after neighborhood! Walkable to all the development on Rivermont Ave and Bedford Ave, this is perfect for an investor looking to add to their portfolio or an owner wanting to live in one unit and rent out the other. The bottom unit has been completely renovated in the last year with new heat pump, drywall, paint, floors, bathroom, windows, etc. The entire house also as a new roof. Both units boast elevated back porches/decks for separate enjoyment. This property also has ample parking for both units with access from both sides of the home. Don't miss this one, call for your showing today!

Last Agent to Sell the Property

Mark Lamontagne

Mark A. Dalton & Co., Inc. License #0225240467 Listed on: 03/08/2024

Last Buyer's Agent

William Matthew Barrett IV

Elite Realty License #0225215469

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,421

Year Built

  • Built in 1908

Lot Details

  • 6,490 Sq Ft Lot

Home Design

  • 2,352 Sq Ft Home
  • Plaster Walls

Flooring

  • Wood
  • Vinyl

Schools

  • Linkhorne Elementary School
  • Linkhorne Midl Middle School
  • E. C. Glass High School

Utilities

  • Central Air
  • Window Unit Cooling System
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • The owner pays for water
  • Assessor Parcel Number 02203003

Community Details

Overview

  • Danielsville Subdivision

Building Details

  • 1 Separate Water Meter
  • Net Lease

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,421

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Directions: Left on to Early from Rivermont, house is on the left.
  • Days On Market: No
  • Prop. Type: Multi-Family
  • Year Built: 1908
  • Garage Yn: No
  • Property Sub-Type: Multi-Family
  • Subdivision Name: Danielsville
  • Unit Info Number Unfurnished Units: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Broker Approved: Yes
  • Reciprocal Listing: No
  • Flooring: Vinyl, Wood Floors
  • Walls: Drywall, Plaster

Utilities

  • Cooling: Central Electric, Window Unit(s)
  • Sewer: City
  • Water Heater: Electric, Individual
  • Heating: Heat Pump
  • Water Source: City

Schools

  • Elementary School: Linkhorne Elem
  • High School: E. C. Glass High
  • Middle School: Linkhorne Midl
  • Junior High Dist: Lynchburg

Lot Info

  • Acres: 0.1490
  • Lot Size Sq Ft: 6490.00
  • ResoLotSizeUnits: Acres
  • Parcel Number: 02203003
  • ResoLotSizeUnits: Acres

Rental Info

  • Sub Lease: No
  • Owner Pays: Water
  • Sub Lease Expiration Date: 1800-01-01T00:00:00.001-05:00

Tax Info

  • Estimated Taxes: 1421

Multi Family

  • Number Of Units Total: 2
  • Existing Lease Type: Net
  • Number Of Separate Water Meters: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2024
Closed on
Apr 17, 2024
Sold by
Martin Ridge Homes Llc
Bought by
Ireland Jon and Ireland Heather
Seller's Agent
Mark Lamontagne
Mark A. Dalton & Co., Inc.
Buyer's Agent
William Matthew Barrett IV
Elite Realty
List Price
$224,900
Sold Price
$224,900
Views
27
Current Estimated Value
$244,233

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,333
Avg. Annual Appreciation
5.39%
Original Mortgage
$168,675
Outstanding Balance
$166,155
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$78,078

Purchase Details

Closed on
Mar 10, 2023
Sold by
Foundry Real Estate Llc
Bought by
Martin Ridge Homes Llc

Purchase Details

Closed on
Feb 24, 2021
Sold by
Kelly Patricia P
Bought by
Foundry Real Estate Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,500
Interest Rate
2.7%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 13, 2018
Sold by
Langley Charles L and Kelly Patricia P
Bought by
Kelly Patricia P

Purchase Details

Listed on
Sep 12, 2014
Closed on
Oct 27, 2014
Sold by
Wells Fargo Bank N A
Bought by
Kelly Patricia P and Langley Charles L
Seller's Agent
DeAnn Brown
Long & Foster-Forest
Buyer's Agent
Betty Kain
Kain Realty, Inc.
List Price
$39,900
Sold Price
$35,000
Premium/Discount to List
-$4,900
-12.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.34%

Purchase Details

Closed on
Jul 16, 2014
Sold by
Martin Oliver B
Bought by
Wells Fargo Bank N A
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
Ireland Jon $224,900 Old Republic National Title
Martin Ridge Homes Llc $115,000 Chicago Title
Foundry Real Estate Llc $90,000 None Available
Kelly Patricia P -- Virginia First Title & Setmn
Langley Charles L -- Virginia First Title & Setmn
Kelly Patricia P $35,000 First Amer Title Ins Co
Wells Fargo Bank N A $36,929 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ireland Jon $168,675
Previous Owner Foundry Real Estate Llc $85,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/18/2024 04/18/24 Sold $224,900 0.0% $96 / Sq Ft
03/13/2024 03/13/24 Pending -- -- --
03/08/2024 03/08/24 For Sale $224,900 +542.6% $96 / Sq Ft
11/21/2014 11/21/14 Sold $35,000 -12.3% $15 / Sq Ft View Prior Sale
10/15/2014 10/15/14 Pending -- -- --
09/12/2014 09/12/14 For Sale $39,900 -- $17 / 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
2025 $1,989 $236,800 $17,000 $219,800
2024 $1,826 $205,200 $12,500 $192,700
2023 $1,421 $159,700 $12,500 $147,200
2022 $1,013 $91,300 $10,000 $81,300
2021 $1,013 $91,300 $10,000 $81,300
2020 $824 $74,200 $10,000 $64,200
2019 $824 $74,200 $10,000 $64,200
2018 $200 $72,200 $8,000 $64,200
2017 $801 $72,200 $8,000 $64,200
2016 $801 $72,200 $8,000 $64,200
2015 $401 $71,400 $3,700 $67,700
2014 $594 $76,800 $4,000 $72,800
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2024

    Mark Lamontagne

    Mark A. Dalton & Co., Inc.

    (321) 507-7034

    4 in this area

    52 Total Sales

    Mark Lamontagne
    Section Image

  • D

    Seller's Agent in 2014

    DeAnn Brown

    Long & Foster-Forest

    (434) 316-6100

    45 Total Sales

    DeAnn Brown
    Section Image

  • B

    Buyer's Agent in 2014

    Betty Kain

    Kain Realty, Inc.

See All Agents

Map

Source: Lynchburg Association of REALTORS®

MLS Number: 350964

APN: 022-03-003

Virginia Lynchburg City County Lynchburg 24503 Rivermont

1417 Early St, Lynchburg, VA

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