Seller's Agent in 2016
Mike Osei
Long & Foster-Forest
(434) 444-6206
17 in this area
296 Total Sales
1604 Floyd St Lynchburg, VA 24501
Diamond Hill NeighborhoodEstimated Value: $83,008 - $103,000
4
Beds
1
Bath
1,410
Sq Ft
$64/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Tennis Courts
- Fenced Yard
- Main Floor Bedroom
- Formal Dining Room
- Storm Windows
About This Home
As of June 2016Investors and Others Take Notice!!! This home already zoned R-3 was converted to a rental home with currently 2 good paying tenants, who each pays $400 per month for a total of $800 month($9,600/yr)!!! This 4BR/1Bath home is currently setup as upstairs and downstairs unit and would make an immediate investment property for you!!! Home offers vinyl siding, newer heat pump less than 3 years old, updated electrical service, newer replacement windows and paint!!! Home has room for more updates and expansion. Home is located on public bus line, centrally located to the city! With good paying tenants in place, and many updates already done, this would be the ideal investment or rental property!!! Home can also be converted back to single family home as well! There is another room on 2nd floor that can be converted into a single room for another tenant to rent! Seller is super motivated and ready to sell!!! Bring offers!
Home Details
Home Type
- Single Family
Year Built
- Built in 1906
Lot Details
- 3,180 Sq Ft Lot
- Fenced Yard
- Landscaped
- Garden
Home Design
- Metal Roof
Interior Spaces
- 1,410 Sq Ft Home
- 2-Story Property
- Paneling
- Ceiling Fan
- Decorative Fireplace
- Formal Dining Room
- Crawl Space
- Attic Access Panel
- Electric Range
Flooring
- Wood
- Ceramic Tile
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
- Main Floor Bedroom
- 1 Full Bathroom
- Bathtub Includes Tile Surround
Laundry
- Laundry on main level
- Dryer Hookup
Home Security
- Storm Windows
- Storm Doors
- Fire and Smoke Detector
Schools
- Sheffield Elementary School
- Sandusky Midl Middle School
- Heritage High School
Utilities
- Heat Pump System
- Electric Water Heater
- Cable TV Available
Community Details
- Tennis Courts
Listing and Financial Details
- Assessor Parcel Number 02633026
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 7, 2021
Sold by
Excel Choice Properties Llc
Bought by
Shakur Malik and Shakur Tyreais
Current Estimated Value
Purchase Details
Listed on
Feb 24, 2016
Closed on
Jun 7, 2016
Sold by
Garland Kevin
Bought by
Excel Choice Properties Llc
Seller's Agent
Mike Osei
Long & Foster-Forest
Buyer's Agent
Mike Osei
Long & Foster-Forest
List Price
$46,000
Sold Price
$14,000
Premium/Discount to List
-$32,000
-69.57%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.36%
Original Mortgage
$7,000
Interest Rate
3.66%
Mortgage Type
Commercial
Purchase Details
Closed on
Jul 20, 2011
Sold by
Lantz Grace Marie
Bought by
Tomlin Marion
Purchase Details
Closed on
Nov 24, 2009
Sold by
Tomlin Marion
Bought by
Lantz Grace Marie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,204
Interest Rate
5.02%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 28, 2008
Sold by
Mitp Associates Llc
Bought by
Tomlin Marion
Purchase Details
Closed on
Jul 5, 2007
Sold by
Crews Carolyn A
Bought by
Mitp Associates Llc
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Shakur Malik | $47,500 | None Available | |
| Excel Choice Properties Llc | $14,000 | None Available | |
| Tomlin Marion | -- | None Available | |
| Lantz Grace Marie | $35,000 | Integrity Title & Settlement | |
| Tomlin Marion | $30,000 | None Available | |
| Mitp Associates Llc | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Excel Choice Properties Llc | $7,000 | |
| Previous Owner | Lantz Grace Marie | $34,204 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/08/2016 06/08/16 | Sold | $14,000 | -69.6% | $10 / Sq Ft |
| 05/31/2016 05/31/16 | Pending | -- | -- | -- |
| 02/24/2016 02/24/16 | For Sale | $46,000 | -- | $33 / 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 | $457 | $51,400 | $9,600 | $41,800 |
| 2023 | $457 | $51,400 | $9,600 | $41,800 |
| 2022 | $526 | $51,100 | $8,000 | $43,100 |
| 2021 | $142 | $51,100 | $8,000 | $43,100 |
| 2020 | $488 | $44,000 | $7,000 | $37,000 |
| 2019 | $488 | $44,000 | $7,000 | $37,000 |
| 2018 | $488 | $44,000 | $7,000 | $37,000 |
| 2017 | $488 | $44,000 | $7,000 | $37,000 |
| 2016 | $488 | $44,000 | $7,000 | $37,000 |
| 2015 | $488 | $42,000 | $2,000 | $40,000 |
| 2014 | $466 | $42,000 | $2,000 | $40,000 |
Source: Public Records
Agents Affiliated with this Home
-
Mike Osei
Map
Source: Lynchburg Association of REALTORS®
MLS Number: 296820
APN: 026-33-026
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