NOT LISTED FOR SALE

1504 Gates St Lynchburg, VA 24502

Fort Hill Neighborhood

Estimated Value: $190,000 - $270,618

3 Beds
2 Baths
2,275 Sq Ft
$103/Sq Ft Est. Value

Last Sold April 22, 2016

Last sale price $69,901 $31 Per Sq Ft

Est. 236% increase in value since last sale

Current estimated payment $1,430/month

58 Days on Market

Highlights

  • Ranch Style House
  • Central Air
  • Ceiling Fan
  • Wood Flooring

About This Home

As of April 2016

3 BR, 2 BA, one story home in convenient City of Lynchburg location. Features include hardwood floors, living room with fireplace, 3 main level bedrooms and finished basement. Sold as-is.

Last Agent to Sell the Property

Michael Misjuns

Century 21 ALL-SERVICE License #0225096832 Listed on: 02/10/2016

Century 21 ALL-SERVICE

Co-Listed By

O.J. Misjuns

Century 21 ALL-SERVICE License #0225052372

Last Buyer's Agent

Deborah Aub

RE/MAX 1st Olympic License #0225 060509

RE/MAX 1st Olympic

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,370

Year Built

  • Built in 1952

Lot Details

  • 0.28 Acre Lot
  • Property is zoned R-2

Home Design

  • Ranch Style House
  • Shingle Roof

Interior Spaces

  • 2,275 Sq Ft Home
  • Ceiling Fan
  • Living Room with Fireplace
  • Pull Down Stairs to Attic

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Finished Basement

  • Partial Basement
  • Interior and Exterior Basement Entry
  • Laundry in Basement

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 05311072

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,370

Year Built

Built in 1952

Lot Details

0

Listing Details

  • FILLACRES: 0.2800
  • Directions: Fort Avenue to McKinney Avenue to R on Dodd Street to L on Gates Street to home on L.
  • ElementarySchool7: Sheffield Elem
  • HighSchool7: Heritage High
  • Lot Measurement: Acres
  • Lot Sq Ft: 12197.00
  • MiddleSchool7: PL Dunbar Midl
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 05311072
  • Year Built: 1952
  • FullBathBelowGrade: 1
  • Heating System: Heat Pump
  • Building Stories: One
  • Dwelling Styles: Ranch
  • Laundryroom Dim: 0.000 x 0.000
  • Living Room Dim: 0.000 x 0.000
  • Masterbedroom Area: 169.000000
  • Master Bedroom Dim: 13.000 x 13.000
  • Masterbedroom Len: 13.000
  • Masterbedroom Wid: 13.000
  • Office Dim: 0.000 x 0.000
  • Special Features: 20
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 2.00
  • Bathrooms Display: 2 (2 0)
  • Lower Floor 1 Bedrooms: 3
  • Broker Approved: Yes
  • Legal Description: Cox, Lot 15
  • Reciprocal Listing: No
  • Above Grade Finished Sq Ft: 1300.00
  • ApplianceConvey: None
  • Has Attic: Pull Down
  • Has Basement: Exterior Entrance, Finished, Interior Entrance, Partial
  • Flooring: Hardwood, Vinyl
  • Year Built Exception: 0
  • Fireplace: 1 Fireplace, Living Room
  • Level 1 Full Bathrooms: 1
  • Interior Amenities: Ceiling Fan(s), Main Level Bedroom
  • Laundry: Basement
  • Master Bedroom: 13x13 Level: Level 1 Above Grade
  • Livinggreat Room Dim: 0.000 x 0.000
  • 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: Paved Drive

Garage/Parking

  • Garage Dim: 0.000 x 0.000

Utilities

  • Air Conditioner: Central Electric
  • Sewer: City
  • Hot Water: City
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors

Schools

  • School District: Lynchburg
  • School District: Lynchburg

Lot Info

  • Lot Sq Ft: 2275.00
  • Zoning: R-2

Tax Info

  • Estimated Taxes: 1370

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2016
Closed on
Jun 21, 2016
Sold by
Cowden Gary L and Cowden Nancy E
Bought by
Hbc Llc
Seller's Agent
Michael Misjuns
Century 21 ALL-SERVICE
Buyer's Agent
Deborah Aub
RE/MAX 1st Olympic
List Price
$88,900
Sold Price
$69,901
Premium/Discount to List
-$18,999
-21.37%
Current Estimated Value
$235,155

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$165,254
Avg. Annual Appreciation
13.80%

Purchase Details

Listed on
Feb 10, 2016
Closed on
May 25, 2016
Sold by
Garlick Dale and Garlick Nancy J
Bought by
Garz Propeties Llc
Seller's Agent
Michael Misjuns
Century 21 ALL-SERVICE
Buyer's Agent
Deborah Aub
RE/MAX 1st Olympic
List Price
$88,900
Sold Price
$69,901
Premium/Discount to List
-$18,999
-21.37%

Purchase Details

Listed on
Feb 10, 2016
Closed on
Apr 19, 2016
Sold by
Citifinancial Inc D/B/A Citifinancial
Bought by
Cowden Gary L and Cowden Nancy E
Seller's Agent
Michael Misjuns
Century 21 ALL-SERVICE
Buyer's Agent
Deborah Aub
RE/MAX 1st Olympic
List Price
$88,900
Sold Price
$69,901
Premium/Discount to List
-$18,999
-21.37%

Purchase Details

Closed on
Dec 20, 2007
Sold by
Duff Loretta Ann and Tucker Cynthia M
Bought by
Duff Loretta Ann
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
Hbc Llc -- Reliance Title & Settlement
Garz Propeties Llc -- Reliance Title & Settlement
Cowden Gary L $69,901 None Available
Duff Loretta Ann -- Transcontinental Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Duff Loretta Ann $118,113
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2016 04/22/16 Sold $69,901 -21.4% $31 / Sq Ft
04/08/2016 04/08/16 Pending -- -- --
02/10/2016 02/10/16 For Sale $88,900 -- $39 / 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 $1,717 $192,900 $33,000 $159,900
2023 $1,717 $192,900 $33,000 $159,900
2022 $1,617 $157,000 $25,000 $132,000
2021 $1,743 $157,000 $25,000 $132,000
2020 $1,437 $129,500 $25,000 $104,500
2019 $1,437 $129,500 $25,000 $104,500
2018 $685 $123,500 $20,000 $103,500
2017 $1,371 $123,500 $20,000 $103,500
2016 $1,371 $123,500 $20,000 $103,500
2015 $685 $123,500 $20,000 $103,500
2014 $1,371 $123,500 $20,000 $103,500
Source: Public Records

Agents Affiliated with this Home

  • Michael Misjuns

    Seller's Agent in 2016

    Michael Misjuns

    Century 21 ALL-SERVICE

    (434) 509-5529

    3 in this area

    199 Total Sales

    Section Image

  • O

    Seller Co-Listing Agent in 2016

    O.J. Misjuns

    Century 21 ALL-SERVICE

  • Deborah Aub

    Buyer's Agent in 2016

    Deborah Aub

    RE/MAX

    13 Total Sales

    Section Image
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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 296651

APN: 053-11-072

Virginia Lynchburg City County Lynchburg 24502 Fort Hill

1504 Gates St, Lynchburg, VA

This home is located at 1504 Gates St, Lynchburg, VA 24502 since 10 February 2016 and is currently estimated at $235,155, approximately $103 per square foot. This property was built in 1952. 1504 Gates St is a home located in Lynchburg City with nearby schools including Sheffield Elementary School, Paul Laurence Dunbar Mid. for Innov., and Heritage High School.

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