NOT LISTED FOR SALE

1506 7th St Lynchburg, VA 24501

College Hill Neighborhood

Estimated Value: $69,000 - $129,000

1 Bed
1 Bath
664 Sq Ft
$138/Sq Ft Est. Value

Last Sold February 05, 2020

Last sale price $26,500 $40 Per Sq Ft

Est. 246% increase in value since last sale

Current estimated payment $516/month

106 Days on Market

About This Home

As of February 2020

Don't miss this Great Investment Opportunity! Easy to maintain, one level Ranch home in Lynchburg is conveniently located and ready for a new owner. Will be rented for $525 per month.

Last Agent to Sell the Property

Stacy Powell

Keller Williams License #0225225057 Listed on: 09/30/2019

Keller Williams

Last Buyer's Agent

Stacy Powell

Keller Williams License #0225225057 Listed on: 09/30/2019

Keller Williams

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $221

Year Built

  • Built in 1890

Lot Details

  • 5,445 Sq Ft Lot
  • Property is zoned B-5

Home Design

  • 664 Sq Ft Home
  • Ranch Style House
  • Shingle Roof

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Washer and Dryer Hookup

Schools

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

Utilities

  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 01044016

Home Details

Home Type

Single Family

Est. Annual Taxes

$221

Year Built

Built in 1890

Lot Details

0

Listing Details

  • FILLACRES: 0.1250
  • Directions: Park Ave. To Left On 7th St.
  • ElementarySchool7: Bedford Hills Elem
  • HighSchool7: E. C. Glass High
  • Lot Measurement: Acres
  • Lot Sq Ft: 5445.00
  • MiddleSchool7: Linkhorne Midl
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 01044016
  • Year Built: 1890
  • Heating System: Other
  • Building Stories: One
  • Dwelling Styles: Ranch
  • Laundryroom Dim: 0.000 x 0.000
  • Living Room Dim: 0.000 x 0.000
  • Masterbedroom Area: 120.000000
  • Master Bedroom Dim: 10.000 x 12.000
  • Masterbedroom Len: 10.000
  • Masterbedroom Wid: 12.000
  • Office Dim: 0.000 x 0.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 1.00
  • Bathrooms Display: 1 (1 0)
  • Lower Floor 1 Bedrooms: 1
  • Broker Approved: Yes
  • Legal Description: COLLEGE HILL, PT BLK 1175
  • Reciprocal Listing: No
  • Above Grade Finished Sq Ft: 664.00
  • ApplianceConvey: None
  • Has Attic: Other
  • Has Basement: Other
  • Flooring: Carpet, Laminate
  • Year Built Exception: 0
  • Level 1 Full Bathrooms: 1
  • Interior Amenities: Cable Available
  • Laundry: Dryer Connection, Washer Connections
  • Master Bedroom: 10x12 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: Other

Garage/Parking

  • Garage Dim: 0.000 x 0.000

Utilities

  • Air Conditioner: Other
  • 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: 664.00
  • Zoning: B-5

Tax Info

  • Estimated Taxes: 221

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 22, 2018
Sold by
Hamm Manfred J and Hamm Bridget C
Bought by
Streamline Llc
Current Estimated Value
$91,816

Purchase Details

Closed on
May 25, 2016
Sold by
Hamm Bridget C
Bought by
Hamm Manford J and Hamm Bridget C

Purchase Details

Closed on
Mar 1, 2012
Sold by
Colmore Hortense S
Bought by
Colmore Bridget E
Source: Public Records

Range of Values:

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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
Streamline Llc $13,000 Virginia First Title & Settl
Hamm Manford J -- None Available
Colmore Bridget E -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/05/2020 02/05/20 Sold $26,500 -17.2% $40 / Sq Ft
01/14/2020 01/14/20 Pending -- -- --
09/30/2019 09/30/19 For Sale $32,000 -- $48 / 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 $318 $35,700 $14,000 $21,700
2023 $318 $35,700 $14,000 $21,700
2022 $316 $30,700 $10,000 $20,700
2021 $341 $30,700 $10,000 $20,700
2020 $221 $19,900 $8,000 $11,900
2019 $221 $19,900 $8,000 $11,900
2018 $110 $19,900 $8,000 $11,900
2017 $221 $19,900 $8,000 $11,900
2016 $221 $19,900 $8,000 $11,900
2015 $166 $13,100 $2,000 $11,100
2014 $145 $13,100 $2,000 $11,100
Source: Public Records

Agents Affiliated with this Home

  • Stacy Powell

    Seller's Agent in 2020

    Stacy Powell

    Keller Williams

    (434) 444-1983

    9 in this area

    421 Total Sales

    Stacy Powell
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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 321258

APN: 010-44-016

Virginia Lynchburg City County Lynchburg 24501 College Hill

1506 7th St, Lynchburg, VA

This home is located at 1506 7th St, Lynchburg, VA 24501 since 30 September 2019 and is currently estimated at $91,816, approximately $138 per square foot. This property was built in 1890. 1506 7th St is a home located in Lynchburg City with nearby schools including Bedford Hills Elementary School, Linkhorne Middle School, and E.C. Glass High School.

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