NOT LISTED FOR SALE

1504 Ramsgate Ln Lynchburg, VA 24501

Blue Ridge Farms Neighborhood
-- Bed
-- Bath
3,714 Sq Ft
0.49 Acres

Last Sold April 29, 2021

Last sale price $250,000 $67 Per Sq Ft

2 Days on Market

About This Home

As of April 2021

Great investment opportunity with this large 8 bedroom 4 plex/4 bath apartment building close to Peaks View Park! Lots of room, spacious closets, master bedrooms with full bath access. Well maintained! New roof, trees recently trimmed back, newer vinyl windows, newer heat pumps, washer dryer hookups, and ready for instant cash flow. Each individual apartment has different features including some with all newer wood laminate floors, newer tile floors, some carpet, and laminate combinations. The Experience is Real.

Last Agent to Sell the Property

Amber Mason

Keller Williams Realty-Roanoke License #0225226234 Listed on: 03/11/2021

Last Buyer's Agent

Jeff Barker

RE/MAX 1st Olympic License #0204025572

RE/MAX 1st Olympic

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,095

Year Built

  • Built in 1974

Lot Details

  • 0.49

Interior Spaces

  • 3,714 Sq Ft Home
  • Laminate Flooring

Parking

  • 2 Parking Spaces
  • On-Street Parking

Schools

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

Additional Features

  • 0.49 Acre Lot
  • Heat Pump System

Listing and Financial Details

  • Month-to-Month Lease Term
  • Assessor Parcel Number 22102038

Community Details

Overview

  • 4 Units
  • Blue Ridge Farms Subdivision

Building Details

  • Insurance Expense $734
  • Water Sewer Expense $150

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,095

Year Built

Built in 1974

Lot Details

0

Listing Details

  • FILLACRES: 0.4911
  • Directions: Off Forest Turn Onto Wigginton to Craigmont to Ramsgate
  • ElementarySchool7: Linkhorne Elem
  • HighSchool7: E. C. Glass High
  • Internet Providers: Comcast/Xfinity
  • Lot Measurement: Acres
  • Lot Sq Ft: 21392.00
  • MiddleSchool7: Linkhorne Midl
  • Days On Market: No
  • Property Subtype1: Multi-Family
  • Prop. Type: Multi-Family
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 22102038
  • Year Built: 1974
  • Heating System: Heat Pump
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Broker Approved: Yes
  • Legal Description: BLUE RIDGE FARMS, SEC 12, BLK
  • Reciprocal Listing: No
  • Flooring: Laminate
  • Year Built Exception: 0
  • Walls: Drywall

Garage/Parking

  • Parking: 1 Space/Unit, 2 Spaces/Unit, On-Street

Utilities

  • Utility Electric: American Electric
  • Cooling: Heat Pump
  • Sewer: City
  • Hot Water: City

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors
  • Subdivision Complex: Blue Ridge Farms

Fee Information

  • Insurance Expenses: 734.20

Schools

  • School District: Lynchburg
  • School District: Lynchburg

Lot Info

  • Lot Sq Ft: 3714.00

Rental Info

  • Types Of Leases: 1 Year Lease, Month to Month, Other

Tax Info

  • Estimated Taxes: 2095

Multi Family

  • Total Number Units: 4
  • Water Expense: 150.00

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2021 04/29/21 Sold $250,000 0.0% $67 / Sq Ft
03/13/2021 03/13/21 Pending -- -- --
03/11/2021 03/11/21 For Sale $250,000 -- $67 / Sq Ft
Source: Lynchburg Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2021

    Amber Mason

    Keller Williams Realty-Roanoke

  • Jeff Barker

    Buyer's Agent in 2021

    Jeff Barker

    RE/MAX

    (434) 610-6789

    2 in this area

    84 Total Sales

    Section Image
See All Agents

Map

Source: Lynchburg Association of REALTORS®

MLS Number: 330060

APN: 221 02 037

Virginia Lynchburg City County Lynchburg 24501 Blue Ridge Farms

1504 Ramsgate Ln, Lynchburg, VA

This home is located at 1504 Ramsgate Ln, Lynchburg, VA 24501 since 11 March 2021. This property was built in 1974. 1504 Ramsgate Ln is a home located in Lynchburg City with nearby schools including Linkhorne Elementary School, Linkhorne Middle School, and E.C. Glass 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.

IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed to be reliable but not guaranteed.

Nearby Homes