NOT LISTED FOR SALE

1506 Garfield Ave Lynchburg, VA 24501

Miller Park Neighborhood

Estimated Value: $96,000 - $121,968

3 Beds
1 Bath
1,012 Sq Ft
$105/Sq Ft Est. Value

Last Sold April 18, 2022

Last sale price $82,500 $82 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $626/month

22 Days on Market

Highlights

  • Community Pool
  • High Speed Internet
  • Carpet
  • Central Air

About This Home

As of April 2022

Come check out this updated home in the heart of Lynchburg! New carpet upstairs and fresh paint throughout! This home features a front and rear porch/deck, with a nice backyard for the kids. A metal roof and high quality vinyl tile flooring throughout downstairs. Off street parking in back alley. Heat pump for heat/ac with 200 amp service. Vinyl siding. Comcast high speed internet. City water and sewage and just around the corner from the expressway for easy commuting.

Last Agent to Sell the Property

Gregory Bentz

Keller Williams License #0225244209 Listed on: 02/13/2022

Keller Williams

Co-Listed By

Teresa Grant

Keller Williams License #0225087218

Last Buyer's Agent

Ethan Chase

Elite Realty License #0225248659

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $382

Year Built

  • Built in 1907

Lot Details

  • 8,551 Sq Ft Lot
  • Property is zoned R-3

Home Design

  • Metal Roof

Interior Spaces

  • 1,012 Sq Ft Home
  • 2-Story Property
  • Crawl Space
  • Electric Range
  • Laundry on main level

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Schools

  • Rs Payne Elementary School
  • Pl Dunbar Midl Middle School
  • E. C. Glass High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 02712013

Community Details

Overview

  • Cotton Hill Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$382

Year Built

Built in 1907

Lot Details

0

Listing Details

  • FILLACRES: 0.1963
  • AssocFeeOptional: None
  • Directions: 12th Street to Garfield.
  • ElementarySchool7: RS Payne Elem
  • HighSchool7: E. C. Glass High
  • Internet Providers: Comcast/Xfinity
  • Lot Measurement: Acres
  • Lot Sq Ft: 8551.00
  • MiddleSchool7: PL Dunbar Midl
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 02712013
  • Year Built: 1907
  • Heating System: Heat Pump
  • Building Stories: Two
  • Dwelling Styles: Two Story
  • Laundryroom Dim: 0.000 x 0.000
  • Living Room Dim: 15.000 x 15.000
  • Livingroom Len: 15.000
  • Livingroom Wid: 15.000
  • Masterbedroom Area: 165.000000
  • Master Bedroom Dim: 15.000 x 11.000
  • Masterbedroom Len: 15.000
  • Masterbedroom Wid: 11.000
  • 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: 3
  • Broker Approved: Yes
  • Legal Description: BLK 21
  • Reciprocal Listing: No
  • Second Bedroom: 13x10 Level: Level 1 Above Grade
  • Second Bedroom Area: 130.000000
  • Third Bedroom: 11x8 Level: Level 2 Above Grade
  • Third Bedroom Area: 88.000000
  • Above Grade Finished Sq Ft: 1012.00
  • ApplianceConvey: Range-Elec, Refrigerator
  • Has Attic: Other
  • Has Basement: Crawl Space
  • Flooring: Carpet, Laminate
  • Year Built Exception: 0
  • Level 1 Full Bathrooms: 1
  • Interior Amenities: Cable Available, High Speed Data Aval
  • Dining Kitchen: 13x3 Level: Level 1 Above Grade
  • Laundry: Main Level
  • Living Room: 15x15 Level: Level 1 Above Grade
  • Master Bedroom: 15x11 Level: Level 2 Above Grade
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 39.000000
  • LivingRoom Area: 225.000000
  • 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

  • Roof: Metal
  • New Construction: Completed
  • Exterior Features: Pool Nearby

Garage/Parking

  • Garage Dim: 0.000 x 0.000

Utilities

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

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors
  • Subdivision Complex: Cotton Hill

Schools

  • School District: Lynchburg
  • School District: Lynchburg

Lot Info

  • Lot Sq Ft: 1012.00
  • Zoning: R-3

Tax Info

  • Estimated Taxes: 382

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2022
Closed on
Apr 14, 2022
Sold by
Hall Edward L
Bought by
M2k2 Virginia Llc
Seller's Agent
Gregory Bentz
Keller Williams
Buyer's Agent
Ethan Chase
Elite Realty
List Price
$95,000
Sold Price
$82,500
Premium/Discount to List
-$12,500
-13.16%
Current Estimated Value
$106,492

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,992
Avg. Annual Appreciation
8.86%
Original Mortgage
$61,875
Outstanding Balance
$58,994
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$51,203

Purchase Details

Closed on
Apr 17, 2012
Sold by
Smith David J
Bought by
Ashkor Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
4%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Feb 12, 2012
Sold by
Hudson Glenwood S
Bought by
Smith David J

Purchase Details

Closed on
Sep 15, 2005
Sold by
B & H Ent Llc
Bought by
Hudson Glenwood S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,900
Interest Rate
5.84%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 21, 2005
Sold by
Debernard Tony R and Leebrick Anne M
Bought by
B & H Ent Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,900
Interest Rate
5.84%
Mortgage Type
Purchase Money Mortgage
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
M2k2 Virginia Llc $82,500 Chicago Title
Ashkor Llc $75,000 None Available
Smith David J $20,000 None Available
Hudson Glenwood S -- None Available
B & H Ent Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open M2k2 Virginia Llc $61,875
Previous Owner Ashoker Llc $70,000
Previous Owner Hudson Glenn $20,000
Previous Owner Hudson Glenwood S $43,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2022 04/18/22 Sold $82,500 -13.2% $82 / Sq Ft
03/07/2022 03/07/22 Pending -- -- --
02/13/2022 02/13/22 For Sale $95,000 -- $94 / 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 $705 $79,200 $12,000 $67,200
2023 $705 $79,200 $12,000 $67,200
2022 $718 $69,700 $6,000 $63,700
2021 $382 $34,400 $5,000 $29,400
2020 $382 $34,400 $5,000 $29,400
2019 $382 $34,400 $5,000 $29,400
2018 $382 $34,400 $5,000 $29,400
2017 $382 $34,400 $5,000 $29,400
2016 $382 $34,400 $5,000 $29,400
2015 $382 $34,400 $5,000 $29,400
2014 $382 $34,400 $5,000 $29,400
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2022

    Gregory Bentz

    Keller Williams

    Section Image
  • Teresa Grant

    Seller Co-Listing Agent in 2022

    Teresa Grant

    Keller Williams

    (434) 546-3202

    4 in this area

    289 Total Sales

    Teresa Grant
    Section Image

  • E

    Buyer's Agent in 2022

    Ethan Chase

    Elite Realty

    Section Image
See All Agents

Map

Source: Lynchburg Association of REALTORS®

MLS Number: 336424

APN: 027-12-013

Virginia Lynchburg City County Lynchburg 24501 Miller Park

1506 Garfield Ave, Lynchburg, VA

This home is located at 1506 Garfield Ave, Lynchburg, VA 24501 since 13 February 2022 and is currently estimated at $106,492, approximately $105 per square foot. This property was built in 1907. 1506 Garfield Ave is a home located in Lynchburg City with nearby schools including Robert S. Payne Elementary School, Paul Laurence Dunbar Mid. for Innov., and E.C. Glass High School.

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