$24,500
SOLD JUN 9, 2016

1506 Monroe St Lynchburg, VA 24504

Diamond Hill Neighborhood
2 Beds
1 Bath
805 Sq Ft
4,792 Sq Ft Lot

Recently Sold

$30 Per Sq Ft

9% Below List Price

27 Days on Market

Highlights

  • Ranch Style House
  • Storm Windows
  • Tile Flooring
  • Tennis Courts
  • Laundry closet
  • Garden

About This Home

As of November 2024

Great investment or starter home with everything on one level. Home offers 2BR/1BA with new replacement windows, off-street parking, large backyard, and rocking chair front porch. Home has been kept up very well, and just needs your personal touch to make it your home! Kitchen offers pantry, & room off kitchen can be a laundry room. Home has a lot of originality still in place , & has room for even more updating! Home located within public bus line, schools, restaurants, & much more! Nice home for the price!

Last Agent to Sell the Property

Mike Osei

Long & Foster-Forest License #0225209432 Listed on: 04/26/2016

Long & Foster-Forest

Last Buyer's Agent

Jeff Barker

RE/MAX 1st Olympic License #0204025572

RE/MAX 1st Olympic

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $291

Year Built

  • Built in 1936

Lot Details

  • 4,792 Sq Ft Lot
  • Landscaped
  • Garden

Home Design

  • Ranch Style House
  • Shingle Roof

Interior Spaces

  • 805 Sq Ft Home
  • Drapes & Rods
  • Crawl Space
  • Attic Access Panel
  • Laundry closet

Kitchen

  • Electric Range
  • <<microwave>>

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Home Security

  • Storm Windows
  • Storm Doors
  • Fire and Smoke Detector

Schools

  • Sandusky Elementary School
  • Sandusky Midl Middle School
  • Heritage High School

Utilities

  • Window Unit Cooling System
  • Electric Baseboard Heater
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Tennis Courts

Listing and Financial Details

  • Assessor Parcel Number 02533012

Home Details

Home Type

Single Family

Est. Annual Taxes

$291

Year Built

Built in 1936

Lot Details

0

Listing Details

  • FILLACRES: 0.1100
  • Directions: 12th Street, to right on Monroe (turn by Dunbar Middle School) to home on left with sign.
  • ElementarySchool7: Sandusky Elem
  • HighSchool7: Heritage High
  • Lot Measurement: Acres
  • Lot Sq Ft: 4792.00
  • MiddleSchool7: Sandusky Midl
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 02533012
  • Year Built: 1936
  • Heating System: Electric Baseboard
  • Building Stories: One
  • Dwelling Styles: Ranch
  • Laundryroom Dim: 0.000 x 0.000
  • Living Room Dim: 12.000 x 12.000
  • Livingroom Len: 12.000
  • Livingroom Wid: 12.000
  • Masterbedroom Area: 156.000000
  • Master Bedroom Dim: 13.000 x 12.000
  • Masterbedroom Len: 13.000
  • 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: 2
  • Broker Approved: Yes
  • Legal Description: DIAMOND HILL, BLK 1094, LOT 5
  • Reciprocal Listing: No
  • Second Bedroom: 12x12 Level: Level 1 Above Grade
  • Second Bedroom Area: 144.000000
  • Above Grade Finished Sq Ft: 805.00
  • ApplianceConvey: Microwave, Range-Elec, Refrigerator
  • Has Attic: Access
  • Has Basement: Crawl Space
  • Flooring: Carpet, Tile, Vinyl
  • Year Built Exception: 0
  • Level 1 Full Bathrooms: 1
  • Interior Amenities: Cable Available, Cable Connections, Drapes, Drywall, Main Level Bedroom, Smoke Alarm
  • Dining Kitchen: 13x12 Level: Level 1 Above Grade
  • Laundry: Laundry Closet, No Hookups
  • Living Room: 12x12 Level: Level 1 Above Grade
  • Master Bedroom: 13x12 Level: Level 1 Above Grade
  • Porch: 12x12 Level: Level 1 Above Grade
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 156.000000
  • LivingRoom Area: 144.000000
  • 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: Shingle
  • New Construction: Completed
  • Exterior Features: Garden Space, Landscaped, Storm Windows, Storm Doors, Insulated Glass, Tennis Courts Nearby

Garage/Parking

  • Garage Dim: 0.000 x 0.000

Utilities

  • Air Conditioner: Window Unit(s)
  • 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: 805.00

Tax Info

  • Estimated Taxes: 291

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2024
Closed on
Nov 12, 2024
Sold by
Kemp Samuel H
Bought by
Chambers Gordon and Chambers Jennifer
Seller's Agent
Mason Kiffmeyer
LPT Realty, Inc
Buyer's Agent
Adam Hazelwood
eXp Realty LLC-Lynchburg
List Price
$129,900
Sold Price
$138,500
Premium/Discount to List
$8,600
6.62%
Views
26
Current Estimated Value
$141,736

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,236
Avg. Annual Appreciation
-4.15%
Original Mortgage
$131,575
Outstanding Balance
$130,953
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$3,726

Purchase Details

Listed on
Oct 17, 2024
Closed on
Sep 30, 2024
Sold by
Dillard Michael L
Bought by
Kemp Samuel H
Seller's Agent
Mason Kiffmeyer
LPT Realty, Inc
Buyer's Agent
Adam Hazelwood
eXp Realty LLC-Lynchburg
List Price
$129,900
Sold Price
$138,500
Premium/Discount to List
$8,600
6.62%
Views
26

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,575
Outstanding Balance
$130,953
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$3,726

Purchase Details

Listed on
Apr 26, 2016
Closed on
Jun 1, 2016
Sold by
Dabney Patricia and Parrish Reuben
Bought by
Dillard Michael L
Seller's Agent
Mike Osei
Long & Foster-Forest
Buyer's Agent
Jeff Barker
RE/MAX 1st Olympic
List Price
$27,000
Sold Price
$24,500
Premium/Discount to List
-$2,500
-9.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.72%
Original Mortgage
$40,825
Interest Rate
3.66%
Mortgage Type
Credit Line Revolving
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Bargain Sale Deed $138,500 Old Republic National Title In
Warranty Deed $93,000 First American Title
Deed $24,500 Old Republic National Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $131,575 New Conventional
Previous Owner $55,250 New Conventional
Previous Owner $40,825 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/21/2024 11/21/24 Sold $138,500 +6.6% $168 / Sq Ft
10/21/2024 10/21/24 Pending -- -- --
10/17/2024 10/17/24 For Sale $129,900 +430.2% $157 / Sq Ft
06/09/2016 06/09/16 Sold $24,500 -9.3% $30 / Sq Ft
05/23/2016 05/23/16 Pending -- -- --
04/26/2016 04/26/16 For Sale $27,000 -- $34 / 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 $426 $47,900 $12,000 $35,900
2023 $426 $47,900 $12,000 $35,900
2022 $266 $25,800 $10,000 $15,800
2021 $286 $25,800 $10,000 $15,800
2020 $297 $26,800 $7,000 $19,800
2019 $297 $26,800 $7,000 $19,800
2018 $293 $26,400 $7,000 $19,400
2017 $293 $26,400 $7,000 $19,400
2016 $293 $26,400 $7,000 $19,400
2015 $73 $23,100 $2,500 $20,600
2014 $64 $23,100 $2,500 $20,600
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2024

    Mason Kiffmeyer

    LPT Realty, Inc

    Section Image

  • A

    Buyer's Agent in 2024

    Adam Hazelwood

    eXp Realty LLC-Lynchburg

    Section Image
  • Mike Osei

    Seller's Agent in 2016

    Mike Osei

    Long & Foster-Forest

    (434) 444-6206

    17 in this area

    296 Total Sales

    Mike Osei
    Section Image
  • Jeff Barker

    Buyer's Agent in 2016

    Jeff Barker

    RE/MAX

    (434) 610-6789

    84 Total Sales

    Jeff Barker
    Section Image
See All Agents

Map

Source: Lynchburg Association of REALTORS®

MLS Number: 298188

APN: 025-33-012

Virginia Lynchburg City County Lynchburg 24504 Diamond Hill

1506 Monroe St, Lynchburg, VA

This home is located at 1506 Monroe St, Lynchburg, VA 24504 and is currently priced at $24,500, approximately $30 per square foot. This property was built in 1936. 1506 Monroe St is a home located in Lynchburg City with nearby schools including Sandusky Elementary School, Sandusky Middle School, and Heritage High School.

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