NOT LISTED FOR SALE

1500 Main St Unit 209 Lynchburg, VA 24504

Diamond Hill Neighborhood

Estimated Value: $517,000

1 Bed
2 Baths
1,050 Sq Ft
$492/Sq Ft Est. Value

About This Home

This home is located at 1500 Main St Unit 209, Lynchburg, VA 24504 and is currently estimated at $517,000, approximately $492 per square foot. 1500 Main St Unit 209 is a home located in Lynchburg City with nearby schools including Sandusky Elementary School, Sandusky Middle School, and Heritage High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 16, 2022
Sold by
Main Llc
Bought by
Addair Holdings Llc
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.
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

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,300,000
Interest Rate
2.7%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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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 --
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
Previous Owner Main Llc $7,300,000
Previous Owner Lakshmi Maa Inc $1,665,000
Previous Owner Patel Suresh $65,000
Previous Owner Patel Suresh $465,000
Source: Public Records

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

Map

Virginia Lynchburg City County Lynchburg 24504 Diamond Hill

1500 Main St Unit 209, Lynchburg, VA

This home is located at 1500 Main St Unit 209, Lynchburg, VA 24504 and is currently estimated at $517,000, approximately $492 per square foot. 1500 Main St Unit 209 is a home located in Lynchburg City with nearby schools including Sandusky Elementary School, Sandusky Middle School, and Heritage High School.

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