1516 Polk St Lynchburg, VA 24504
Diamond Hill Neighborhood
3
Beds
1
Bath
1,232
Sq Ft
1,586
Sq Ft Lot
Highlights
- Bonus Room
- Forced Air Heating System
- Carpet
About This Home
As of October 2024Attention Investors! 3 Bedroom, 2 story fixer upper available in Lynchburg at a great price! Home being sold As-Is. Schedule your showing today.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $402
Year Built
- Built in 1922
Lot Details
- 1,586 Sq Ft Lot
- Property is zoned R-3
Home Design
- Metal Roof
Interior Spaces
- 1,232 Sq Ft Home
- 2-Story Property
- Bonus Room
- Crawl Space
- Washer and Dryer Hookup
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Schools
- Sandusky Elementary School
- Sandusky Midl Middle School
- Heritage High School
Utilities
- No Cooling
- Forced Air Heating System
- Gas Water Heater
- Cable TV Available
Community Details
- Grace Street Subdivision
Listing and Financial Details
- Assessor Parcel Number 02532010
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 17, 2024
Closed on
Oct 24, 2024
Sold by
Level Up Foundation Repair Llc
Bought by
Watson Michael
Seller's Agent
Heather Watson
Keller Williams
Buyer's Agent
Brett Sisk
eXp Realty LLC-Fredericksburg
List Price
$179,900
Sold Price
$169,900
Premium/Discount to List
-$10,000
-5.56%
Views
203
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,758
Avg. Annual Appreciation
6.79%
Original Mortgage
$162,698
Outstanding Balance
$161,911
Interest Rate
6.2%
Mortgage Type
FHA
Estimated Equity
$15,747
Purchase Details
Listed on
Dec 8, 2023
Closed on
Feb 5, 2024
Sold by
Psa Properties Llc and Psa Properties Inc
Bought by
Level Up Foundation Repair Llc
Seller's Agent
DH Powell
Keller Williams
Buyer's Agent
Sara Cummings
Keller Williams
List Price
$59,900
Sold Price
$50,000
Premium/Discount to List
-$9,900
-16.53%
Views
139
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
446.78%
Original Mortgage
$102,000
Interest Rate
6.61%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 23, 2008
Sold by
Calloway Sherman E and Calloway Dianne B
Bought by
Psa Properties Inc
Similar Homes in Lynchburg, VA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Bargain Sale Deed | $169,900 | Old Republic National Title In | |
| Deed | $50,000 | Chicago Title | |
| Deed | $25,000 | Reliance Title And Settlemen |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $162,698 | FHA | |
| Previous Owner | $102,000 | New Conventional | |
| Previous Owner | $4,200,000 | Credit Line Revolving |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/28/2024 10/28/24 | Sold | $169,900 | 0.0% | $86 / Sq Ft |
| 09/07/2024 09/07/24 | Pending | -- | -- | -- |
| 08/05/2024 08/05/24 | Price Changed | $169,900 | -5.6% | $86 / Sq Ft |
| 07/17/2024 07/17/24 | For Sale | $179,900 | -5.3% | $91 / Sq Ft |
| 07/04/2024 07/04/24 | Price Changed | $189,900 | -5.0% | $144 / Sq Ft |
| 06/20/2024 06/20/24 | For Sale | $199,900 | +299.8% | $151 / Sq Ft |
| 02/08/2024 02/08/24 | Sold | $50,000 | -16.5% | $41 / Sq Ft |
| 01/24/2024 01/24/24 | Pending | -- | -- | -- |
| 12/31/2023 12/31/23 | For Sale | $59,900 | 0.0% | $49 / Sq Ft |
| 12/22/2023 12/22/23 | Pending | -- | -- | -- |
| 12/18/2023 12/18/23 | For Sale | $59,900 | +19.8% | $49 / Sq Ft |
| 12/15/2023 12/15/23 | Off Market | $50,000 | -- | -- |
| 12/08/2023 12/08/23 | For Sale | $59,900 | -- | $49 / Sq Ft |
Source: Lynchburg Association of REALTORS®
Tax History Compared to Growth
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 | $1,180 | $132,600 | $12,000 | $120,600 |
| 2023 | $402 | $45,200 | $12,000 | $33,200 |
| 2022 | $454 | $44,100 | $10,000 | $34,100 |
| 2021 | $490 | $44,100 | $10,000 | $34,100 |
| 2020 | $452 | $40,700 | $7,000 | $33,700 |
| 2019 | $452 | $40,700 | $7,000 | $33,700 |
| 2018 | $445 | $40,100 | $7,000 | $33,100 |
| 2017 | $445 | $40,100 | $7,000 | $33,100 |
| 2016 | $445 | $40,100 | $7,000 | $33,100 |
| 2015 | $445 | $35,100 | $2,000 | $33,100 |
| 2014 | $390 | $35,100 | $2,000 | $33,100 |
Source: Public Records
Agents Affiliated with this Home
-
Heather Watson
Seller's Agent in 2024
Heather Watson
Keller Williams
(434) 258-0022
2 in this area
150 Total Sales
-
T
Seller's Agent in 2024
Tony Lowrey
Lowrey Realty LLC
-
DH Powell
D
Seller's Agent in 2024
DH Powell
Keller Williams
(434) 444-1985
8 in this area
134 Total Sales
-
B
Buyer's Agent in 2024
Brett Sisk
eXp Realty LLC-Fredericksburg
-
Sara Cummings
S
Buyer's Agent in 2024
Sara Cummings
Keller Williams
(434) 546-7486
1 in this area
3 Total Sales
Map
Source: Lynchburg Association of REALTORS®
MLS Number: 349532
APN: 025-32-010
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