NOT LISTED FOR SALE

1505 Gates St Lynchburg, VA 24502

Fort Hill Neighborhood

Estimated Value: $219,000 - $235,000

3 Beds
1.5 Baths
1,234 Sq Ft
$185/Sq Ft Est. Value

Last Sold March 12, 2021

Last sale price $159,900 $130 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $1,372/month

16 Days on Market

Highlights

  • Ranch Style House
  • Great Room
  • En-Suite Primary Bedroom
  • Wood Flooring
  • Fenced Yard
  • Garden

About This Home

As of March 2021

Welcome home to this stone/brick ranch complete with front porch swing! Great room with dining area and wood burning fireplace to cozy up those winter nights. Country kitchen with room to expand or have nice size breakfast nook. Hardwood flooring thru out. Full basement with additional room ideal for office. Large all usable fenced backyard. Newer metal roof. Landscaped. Concrete driveway offers ample off street parking. Convenient location close to all the Wards Road shopping. Take a look at this one!

Last Agent to Sell the Property

Cheryl Montecino

Mark A. Dalton & Co., Inc. License #0225204578 Listed on: 01/05/2021

Last Buyer's Agent

Lara Winn

Keeton & Co Real Estate License #0225238199

Keeton & Co Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,360

Year Built

  • Built in 1950

Lot Details

  • 0.4 Acre Lot
  • Fenced Yard
  • Landscaped
  • Garden

Parking

  • Driveway

Home Design

  • Ranch Style House
  • Metal Roof

Interior Spaces

  • 1,234 Sq Ft Home
  • Ceiling Fan
  • Wood Burning Fireplace
  • Great Room

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • Bathtub Includes Tile Surround

Laundry

  • Dryer
  • Washer

Attic

  • Attic Access Panel
  • Scuttle Attic Hole

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Laundry in Basement

Schools

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

Utilities

  • Heat Pump System
  • Electric Water Heater

Community Details

  • Fort Hill East Subdivision

Listing and Financial Details

  • Assessor Parcel Number 05311055

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,360

Year Built

Built in 1950

Lot Details

0

Listing Details

  • FILLACRES: 0.4000
  • Directions: Fort Ave to McKinney right on Dodd left on Gates to house on right.
  • ElementarySchool7: Sheffield Elem
  • HighSchool7: Heritage High
  • Internet Providers: Comcast/Xfinity
  • Lot Measurement: Acres
  • Lot Sq Ft: 17424.00
  • MiddleSchool7: PL Dunbar Midl
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 05311055
  • Year Built: 1950
  • Heating System: Hot Water-Gas
  • Building Stories: One
  • Dwelling Styles: Ranch
  • Laundryroom Dim: 0.000 x 0.000
  • Living Room Dim: 0.000 x 0.000
  • Masterbedroom Area: 144.000000
  • Master Bedroom Dim: 12.000 x 12.000
  • Masterbedroom Len: 12.000
  • Masterbedroom Wid: 12.000
  • Office Dim: 0.000 x 0.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 2.00
  • Bathrooms Display: 2 (1 1)
  • Lower Floor 1 Bedrooms: 3
  • Broker Approved: Yes
  • Legal Description: Lot D Fort Hill East
  • Reciprocal Listing: No
  • Second Bedroom: 12x10 Level: Level 1 Above Grade
  • Second Bedroom Area: 120.000000
  • Third Bedroom: 11x10 Level: Level 1 Above Grade
  • Third Bedroom Area: 110.000000
  • Above Grade Finished Sq Ft: 1234.00
  • ApplianceConvey: Dishwasher, Dryer, Microwave, Range-Elec, Refrigerator, Washer
  • Has Attic: Access, Scuttle
  • Has Basement: Exterior Entrance, Full, Interior Entrance, Walkout
  • Flooring: Ceramic Tile, Hardwood, Vinyl
  • Year Built Exception: 0
  • Fireplace: 1 Fireplace, Wood Burning
  • Level 1 Full Bathrooms: 1
  • Great Room: 23x13 Level: Level 1 Above Grade
  • First Level Half Bathrooms: 1
  • Interior Amenities: Ceiling Fan(s), Drywall, Great Room, Main Level Bedroom, Master Bed w/ Bath, Tile Bath(s)
  • Dining Kitchen: 13x13 Level: Level 1 Above Grade
  • Laundry: Basement, Dryer Connection, Washer Connections
  • Master Bedroom: 12x12 Level: Level 1 Above Grade
  • GreatRoom Area: 299.000000
  • Livinggreat Room Dim: 23.000 x 13.000
  • Kitchen Area: 169.000000
  • 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

  • Lot Number: Lot D
  • Roof: Metal
  • New Construction: Completed
  • Exterior Features: Concrete Drive, Fenced Yard, Garden Space, Landscaped

Garage/Parking

  • Garage Dim: 0.000 x 0.000

Utilities

  • Utility Electric: AEP/Appalachian Powr
  • Air Conditioner: Heat Pump
  • Sewer: City
  • Hot Water: City
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors
  • Subdivision Complex: Fort Hill East

Schools

  • School District: Lynchburg
  • School District: Lynchburg

Lot Info

  • Lot Sq Ft: 1234.00

Tax Info

  • Estimated Taxes: 1360

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2021
Closed on
Mar 2, 2021
Sold by
Ruiz Christopher Alexander
Bought by
Blackwell Christopher Shane and Blackwell Sarah Michelle
Seller's Agent
Cheryl Montecino
Mark A. Dalton & Co., Inc.
Buyer's Agent
Lara Winn
Keeton & Co Real Estate
List Price
$159,900
Sold Price
$159,900
Current Estimated Value
$228,367

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,467
Avg. Annual Appreciation
8.03%
Original Mortgage
$152,900
Outstanding Balance
$138,612
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$86,152

Purchase Details

Listed on
Mar 29, 2017
Closed on
Jun 15, 2017
Sold by
Riley Ii Daniel and Riley Nicole
Bought by
Ruiz Christopher Alexander
Seller's Agent
Mike Levan
BHHS Dawson Ford Garbee
Buyer's Agent
Cheryl Montecino
Mark A. Dalton & Co., Inc.
List Price
$132,900
Sold Price
$129,900
Premium/Discount to List
-$3,000
-2.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.74%
Original Mortgage
$4,547
Interest Rate
4.05%
Mortgage Type
VA

Purchase Details

Closed on
Apr 16, 2010
Sold by
Secretary Of Hud
Bought by
Riley Ii Daniel and Riley Nicole

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,023
Interest Rate
5.11%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 10, 2009
Sold by
Kacin Keith J
Bought by
The Secretary Hud

Purchase Details

Closed on
Dec 1, 2006
Sold by
Campbell Elizabeth C
Bought by
Kacin Keith J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,597
Interest Rate
6.24%
Mortgage Type
Stand Alone Second
Source: Public Records

Range of Values:

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Average Value
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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
Blackwell Christopher Shane $159,900 None Available
Ruiz Christopher Alexander $129,900 None Available
Riley Ii Daniel $108,000 Lawyers Advantage Title Grou
The Secretary Hud $122,794 None Available
Kacin Keith J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blackwell Christopher Shane $152,900
Previous Owner Ruiz Christopher Alexander $4,547
Previous Owner Riley Ii Daniel $106,023
Previous Owner Kacin Keith J $3,597
Previous Owner Kacin Keith J $118,047
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/12/2021 03/12/21 Sold $159,900 0.0% $130 / Sq Ft
01/21/2021 01/21/21 Pending -- -- --
01/05/2021 01/05/21 For Sale $159,900 +23.1% $130 / Sq Ft
06/23/2017 06/23/17 Sold $129,900 -2.3% $108 / Sq Ft
05/08/2017 05/08/17 Pending -- -- --
03/29/2017 03/29/17 For Sale $132,900 -- $110 / 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 $1,460 $164,100 $34,500 $129,600
2023 $1,460 $164,100 $34,500 $129,600
2022 $1,401 $136,000 $28,800 $107,200
2021 $1,510 $136,000 $28,800 $107,200
2020 $1,360 $122,500 $28,800 $93,700
2019 $1,360 $122,500 $28,800 $93,700
2018 $1,243 $112,000 $23,000 $89,000
2017 $1,243 $112,000 $23,000 $89,000
2016 $1,243 $112,000 $23,000 $89,000
2015 $1,243 $112,000 $23,000 $89,000
2014 $1,243 $116,100 $23,000 $93,100
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2021

    Cheryl Montecino

    Mark A. Dalton & Co., Inc.

    (559) 658-0253

    1 in this area

    44 Total Sales

    Section Image

  • L

    Buyer's Agent in 2021

    Lara Winn

    Keeton & Co Real Estate

    (434) 258-0875

    2 in this area

    71 Total Sales

    Section Image

  • M

    Seller's Agent in 2017

    Mike Levan

    BHHS Dawson Ford Garbee

    (434) 942-8393

    1 in this area

    131 Total Sales

    Section Image
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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 329023

APN: 053-11-055

Virginia Lynchburg City County Lynchburg 24502 Fort Hill

1505 Gates St, Lynchburg, VA

This home is located at 1505 Gates St, Lynchburg, VA 24502 since 05 January 2021 and is currently estimated at $228,664, approximately $185 per square foot. This property was built in 1950. 1505 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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