1512 Buchanan St Lynchburg, VA 24501
Diamond Hill NeighborhoodEstimated payment $150/month
Total Views
5,780
4
Beds
2
Baths
1,426
Sq Ft
$16
Price per Sq Ft
Highlights
- City View
- Wood Flooring
- Wood Burning Fireplace
- River Nearby
- Main Floor Bedroom
About This Home
This property presents a lucrative opportunity for seasoned investors. The house has been gutted to the studs, providing a clean slate for renovations. The purchase of this property includes complete renovation plans, allowing for a hassle-free renovation process. The home is ideally situated near several major colleges in the area. This property is a wonderful investment opportunity.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $300
Year Built
- Built in 1900
Home Design
- Metal Roof
Interior Spaces
- 1,426 Sq Ft Home
- 2-Story Property
- Wood Burning Fireplace
- Wood Flooring
- City Views
- Crawl Space
Bedrooms and Bathrooms
- 4 Bedrooms
- Main Floor Bedroom
Schools
- Rs Payne Elementary School
- Sandusky Midl Middle School
- Heritage High School
Utilities
- No Cooling
- No Heating
- No Water Heater
- Cable TV Available
Additional Features
- River Nearby
- 4,487 Sq Ft Lot
Map
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Home Values in the Area
Average Home Value in this Area
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 | $171 | $19,200 | $10,800 | $8,400 |
| 2023 | $171 | $19,200 | $10,800 | $8,400 |
| 2022 | $123 | $11,100 | $9,000 | $2,100 |
| 2021 | $123 | $11,100 | $9,000 | $2,100 |
| 2020 | $83 | $7,500 | $7,000 | $500 |
| 2019 | $83 | $7,500 | $7,000 | $500 |
| 2018 | $83 | $7,500 | $7,000 | $500 |
| 2017 | $83 | $7,500 | $7,000 | $500 |
| 2016 | $83 | $7,500 | $7,000 | $500 |
| 2015 | $21 | $7,400 | $2,000 | $5,400 |
| 2014 | $41 | $11,400 | $2,000 | $9,400 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/21/2023 11/21/23 | Pending | -- | -- | -- |
| 11/07/2023 11/07/23 | For Sale | $22,900 | +34.7% | $16 / Sq Ft |
| 01/11/2023 01/11/23 | Sold | $17,000 | -41.4% | $12 / Sq Ft |
| 12/22/2022 12/22/22 | Pending | -- | -- | -- |
| 12/16/2022 12/16/22 | For Sale | $29,000 | 0.0% | $20 / Sq Ft |
| 11/30/2022 11/30/22 | Pending | -- | -- | -- |
| 11/22/2022 11/22/22 | Price Changed | $29,000 | -3.3% | $20 / Sq Ft |
| 11/18/2022 11/18/22 | For Sale | $30,000 | -- | $21 / Sq Ft |
Source: Lynchburg Association of REALTORS®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $20,000 | Chicago Title | |
| Deed | $17,000 | Old Republic National Title | |
| Deed | $14,900 | -- | |
| Interfamily Deed Transfer | -- | None Available | |
| Deed | -- | Southern Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $20,600 | New Conventional |
Source: Public Records
Similar Home in Lynchburg, VA
Source: Lynchburg Association of REALTORS®
MLS Number: 349090
APN: 026-27-016
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