NOT LISTED FOR SALE

1500 Main St Unit 208 Lynchburg, VA 24504

Diamond Hill Neighborhood

Estimated Value: $517,000

1 Bed
1 Bath
900 Sq Ft
$574/Sq Ft Est. Value

Last Sold September 19, 2022

Last sale price $199,900 $222 Per Sq Ft

Est. 159% increase in value since last sale

Current estimated payment $2,944/month

About This Home

As of September 2022

Welcome to Downtown Lynchburg's newest development, The Wayne! These beautiful condominiums located on Main Street feature incredible amenities such as a private pool, parking, a turf community area, granite countertops & luxury finishes, walking distance to all of Downtown life, and more! The Wayne is perfect for someone looking to downsize, live maintenance free, or even an investor looking to rent short term or long term. Be one of the first to own a condo at The Wayne!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2022
Closed on
Sep 16, 2022
Sold by
Main Llc
Bought by
Addair Holdings Llc
Seller's Agent
Logan Bosiger
Lauren Bell Real Estate, Inc.
Buyer's Agent
Allen Addair
eXp Realty LLC-Lynchburg
List Price
$199,900
Sold Price
$199,900
Current Estimated Value
$517,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$317,100
Avg. Annual Appreciation
137.61%
Original Mortgage
$160,000
Outstanding Balance
$152,982
Interest Rate
4.99%
Mortgage Type
New Conventional
Estimated Equity
$2,552,018

Purchase Details

Closed on
Feb 16, 2021
Sold by
Patel Suresh and Patel Bhamini
Bought by
Main Llc
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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Quantarium

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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
Addair Holdings Llc $199,900 --
Addair Holdings Llc $199,900 --
Addair Holdings Llc $199,900 --
Addair Holdings Llc $199,900 --
Addair Holdings Llc $199,900 --
Main Llc $2,230,000 Old Republic National Title
Main Llc $2,230,000 Old Republic National Title
Main Llc $2,230,000 Old Republic National Title
Main Llc $2,230,000 Old Republic National Title
Main Llc $2,230,000 Old Republic National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Addair Holdings Llc $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/19/2022 09/19/22 Sold $199,900 0.0% $222 / Sq Ft
05/17/2022 05/17/22 Pending -- -- --
04/05/2022 04/05/22 For Sale $199,900 -- $222 / Sq Ft

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 $223 $25,000 $10,000 $15,000
2023 $4,092 $25,000 $10,000 $15,000
2022 $18,942 $1,839,000 $839,000 $1,000,000
2021 $20,413 $1,839,000 $839,000 $1,000,000
2020 $16,855 $1,518,500 $652,500 $866,000
2019 $16,855 $1,518,500 $652,500 $866,000
2018 $11,712 $1,406,800 $374,500 $1,032,300
2017 $15,615 $1,406,800 $374,500 $1,032,300
2016 $15,615 $1,406,800 $374,500 $1,032,300
2015 $11,712 $1,336,300 $374,500 $961,800
2014 $11,125 $1,336,300 $374,500 $961,800
Source: Public Records

Agents Affiliated with this Home

  • Logan Bosiger

    Seller's Agent in 2022

    Logan Bosiger

    Lauren Bell Real Estate, Inc.

    (434) 851-2052

    10 in this area

    90 Total Sales

    Logan Bosiger
    Section Image
  • Allen Addair

    Buyer's Agent in 2022

    Allen Addair

    eXp Realty LLC-Lynchburg

    (434) 907-6171

    1 in this area

    214 Total Sales

    Allen Addair
    Section Image
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Map

Virginia Lynchburg City County Lynchburg 24504 Diamond Hill

1500 Main St Unit 208, Lynchburg, VA

This home is located at 1500 Main St Unit 208, Lynchburg, VA 24504 and is currently estimated at $517,000, approximately $574 per square foot. 1500 Main St Unit 208 is a home located in Lynchburg City with nearby schools including Sandusky Elementary School, Sandusky Middle School, 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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