NOT LISTED FOR SALE

1520 Buchanan St Lynchburg, VA 24501

Diamond Hill Neighborhood

Estimated Value: $139,000 - $154,000

2 Beds
1 Bath
765 Sq Ft
$190/Sq Ft Est. Value

Last Sold January 15, 2025

Last sale price $149,875 $196 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $850/month

52 Days on Market

Highlights

  • Bungalow
  • Vinyl Plank Flooring
  • 1-Story Property
  • Garden

About This Home

As of January 2025

Welcome to this charming one-story home in Lynchburg! Boasting 2 cozy bedrooms and a beautifully updated bathroom, this residence is perfect for comfortable living. Step inside to discover stunning new LVP flooring that flows seamlessly throughout the space. The modern kitchen features brand-new appliances, making it a delight for any home chef. Enjoy fresh updates with new fixtures throughout and a crisp coat of interior paint that brightens every room. A new heat pump ensures year-round comfort. This home combines style and functionality, making it a perfect retreat. Don't miss the opportunity to make it yours! New Roof was just installed!

Last Agent to Sell the Property

Stacy Powell

Keller Williams License #0225225057 Listed on: 10/14/2024

Keller Williams

Last Buyer's Agent

DH Powell

Keller Williams License #0225248038

Keller Williams

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $539

Year Built

  • Built in 2002

Lot Details

  • 2,352 Sq Ft Lot
  • Garden

Home Design

  • Bungalow
  • Shingle Roof

Interior Spaces

  • 1 Full Bathroom
  • 765 Sq Ft Home
  • 1-Story Property
  • Vinyl Plank Flooring
  • Crawl Space
  • Attic Access Panel
  • Electric Range
  • Washer and Dryer Hookup

Schools

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

Utilities

  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 02627012

Home Details

Home Type

Single Family

Est. Annual Taxes

$539

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Directions: Fort Ave. to 12th street to Buchanan Street.
  • Days On Market: No
  • Prop. Type: Residential
  • Year Built: 2002
  • Garage Yn: No
  • Foyer Area: 67.320000
  • Property Sub-Type: Single Family Residence
  • Above Grade Finished Sq Ft: 765.00
  • Architectural Style: Bungalow
  • Laundryroom Dim: 10.000 x 6.100
  • Office Dim: 0.000 x 0.000
  • Laundryroom Len: 10.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 1.00
  • Bathrooms Display: 1 (1 0)
  • Broker Approved: Yes
  • Reciprocal Listing: No
  • Has Attic: Access
  • Has Basement: Crawl Space
  • Flooring: Vinyl Plank
  • Formal Dining: 7.60x10.60 Level: Level 1 Above Grade
  • Foyer: 10.20x6.60 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 1
  • Interior Amenities: Cable Available, Main Level Bedroom
  • Dining Kitchen: 10.10x6.80 Level: Level 1 Above Grade
  • Laundry: Dryer Connection, Washer Connections
  • Laundry Room: 10x6.10 Level: Level 1 Above Grade
  • Living Room: 13x10.50 Level: Level 1 Above Grade
  • Master Bedroom: 9.10x10.40 Level: Level 1 Above Grade
  • Appliances: Range-Elec, Refrigerator
  • Stories: One
  • Second Bedroom: 10x9.11 Level: Level 1 Above Grade
  • Room Master Bedroom Area: 94.640000
  • Room Kitchen Area: 68.680000
  • Room Living Room Area: 136.500000
  • Room Bedroom2 Area: 91.100000
  • MasterBedroomDimensions Dim: 9.100 x 10.400
  • Kitchen Dim: 10.100 x 6.800
  • Sunroom Dim: 0.000 x 0.000
  • Master Bedroom Master Bedroom Width: 10.400

Exterior Features

  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: Garden Space

Garage/Parking

  • Garage Dim: 0.000 x 0.000

Utilities

  • Cooling: Heat Pump
  • Sewer: City
  • Water Heater: Electric
  • Heating: Heat Pump
  • Water Source: City

Schools

  • Elementary School: RS Payne Elem
  • High School: Heritage High
  • Middle School: Sandusky Midl
  • Junior High Dist: Lynchburg

Lot Info

  • Acres: 0.0540
  • Lot Size Sq Ft: 2352.00
  • ResoLotSizeUnits: Acres
  • Parcel Number: 02627012
  • ResoLotSizeUnits: Acres

Rental Info

  • Sub Lease: No
  • Sub Lease Expiration Date: 1800-01-01T00:00:00.000-05:00

Tax Info

  • Estimated Taxes: 539

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2024
Closed on
Dec 4, 2024
Sold by
Myg Real Estate Investments Llc
Bought by
819 Main Street Lofts Llc
Seller's Agent
Stacy Powell
Keller Williams
Buyer's Agent
DH Powell
Keller Williams
List Price
$119,900
Sold Price
$149,875
Premium/Discount to List
$29,975
25%
Views
45
Current Estimated Value
$145,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,542
Avg. Annual Appreciation
-6.28%
Original Mortgage
$234,800
Outstanding Balance
$232,912
Interest Rate
6.69%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$87,912

Purchase Details

Closed on
Aug 3, 2021
Sold by
Berkley Ethel and Williamson Brenda B
Bought by
Myg Real Estate Investments Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
819 Main Street Lofts Llc $149,875 Fidelity National Title
Myg Real Estate Investments Llc $40,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 819 Main Street Lofts Llc $234,800
Previous Owner Myg Real Estate Investments Llc $237,360
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2025 01/15/25 Sold $149,875 +25.0% $196 / Sq Ft
12/05/2024 12/05/24 Pending -- -- --
11/19/2024 11/19/24 For Sale $119,900 0.0% $157 / Sq Ft
10/17/2024 10/17/24 Pending -- -- --
10/14/2024 10/14/24 For Sale $119,900 -- $157 / 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 $539 $60,600 $10,800 $49,800
2023 $539 $60,600 $10,800 $49,800
2022 $503 $48,800 $9,000 $39,800
2021 $542 $48,800 $9,000 $39,800
2020 $553 $49,800 $7,000 $42,800
2019 $553 $49,800 $7,000 $42,800
2018 $535 $48,200 $7,000 $41,200
2017 $535 $48,200 $7,000 $41,200
2016 $535 $48,200 $7,000 $41,200
2015 $535 $53,600 $1,000 $52,600
2014 $595 $53,600 $1,000 $52,600
Source: Public Records

Agents Affiliated with this Home

  • Stacy Powell

    Seller's Agent in 2025

    Stacy Powell

    Keller Williams

    (434) 444-1983

    9 in this area

    422 Total Sales

    Stacy Powell
    Section Image

  • D

    Buyer's Agent in 2025

    DH Powell

    Keller Williams

    (434) 444-1985

    8 in this area

    134 Total Sales

    DH Powell
    Section Image
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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 354941

APN: 026-27-012

Virginia Lynchburg City County Lynchburg 24501 Diamond Hill

1520 Buchanan St, Lynchburg, VA

This home is located at 1520 Buchanan St, Lynchburg, VA 24501 since 14 October 2024 and is currently estimated at $145,333, approximately $189 per square foot. This property was built in 2002. 1520 Buchanan St is a home located in Lynchburg City with nearby schools including Sheffield Elementary School, Sandusky Middle School, and Heritage High School.

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