NOT LISTED FOR SALE

1610 Ruffner Place Lynchburg, VA 24503

Rivermont Neighborhood

Estimated Value: $217,243 - $309,000

-- Bed
2 Baths
2,406 Sq Ft
$109/Sq Ft Est. Value

Last Sold January 24, 2022

Last sale price $212,775 $88 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $1,562/month

48 Days on Market

About This Home

As of January 2022

What a great investment opportunity! Live in one side - pay your mortgage with rent from side A unit. Lots of updates! Side B totally renovated. New kitchen, bathroom, floors, HVAC, paint inside and out, and new carpet. Flat yard. Close to downtown restaurants and shopping. Side A rents for $625/month, Side B rents for $675/month.

Last Agent to Sell the Property

Daniele Mason

Blickenstaff & Company, Realto License #0225128808 Listed on: 11/05/2021

Last Buyer's Agent

Josh Redmond

Mark A. Dalton & Co., Inc. License #0225200760

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,119

Year Built

  • Built in 1905

Lot Details

  • 6,469 Sq Ft Lot

Home Design

  • 2,406 Sq Ft Home

Schools

  • Bedford Hills Elementary School
  • Linkhorne Midl Middle School
  • E. C. Glass High School

Community Details

  • Bedford Ave Subdivision
  • Gross Income $15,600

Listing and Financial Details

  • Assessor Parcel Number 02117012

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,119

Year Built

Built in 1905

Lot Details

0

Listing Details

  • FILLACRES: 0.1485
  • Directions: Rivermont Ave to right on Fauquier St to left on Ruffner Place. Property is on the left.
  • ElementarySchool7: Bedford Hills Elem
  • HighSchool7: E. C. Glass High
  • Lot Measurement: Acres
  • Lot Sq Ft: 6469.00
  • MiddleSchool7: Linkhorne Midl
  • Days On Market: No
  • Property Subtype1: Multi-Family
  • Prop. Type: Multi-Family
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 02117012
  • Year Built: 1905
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Broker Approved: Yes
  • Legal Description: RIVERMONT, PLAN A, BLK 35, LOT
  • Reciprocal Listing: No
  • Year Built Exception: 0

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors
  • Subdivision Complex: Bedford Ave

Schools

  • School District: Lynchburg
  • School District: Lynchburg

Lot Info

  • Lot Sq Ft: 2406.00

Tax Info

  • Estimated Taxes: 1119

Multi Family

  • Annual Gross Income: 15600.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2021
Closed on
Jan 19, 2022
Sold by
Otey Revocable Trust
Bought by
Liberto Nicholas Mark and Liberto Brittany Anna
Seller's Agent
Daniele Mason
Blickenstaff & Company, Realto
Buyer's Agent
Josh Redmond
Mark A. Dalton & Co., Inc.
List Price
$219,000
Sold Price
$212,775
Premium/Discount to List
-$6,225
-2.84%
Current Estimated Value
$262,311

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,536
Avg. Annual Appreciation
5.99%
Original Mortgage
$100,000
Outstanding Balance
$93,285
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$169,189

Purchase Details

Closed on
Dec 18, 2018
Sold by
Otey Ronnie E and Otey Joe Ann M
Bought by
Otey Ronnie E and Otey Joe Ann
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
Liberto Nicholas Mark $212,775 Jones Johnston & White Pc
Otey Ronnie E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Liberto Nicholas Mark $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/24/2022 01/24/22 Sold $212,775 -2.8% $88 / Sq Ft
12/23/2021 12/23/21 Pending -- -- --
11/05/2021 11/05/21 For Sale $219,000 -- $91 / 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 $1,617 $181,700 $12,500 $169,200
2023 $1,617 $181,700 $12,500 $169,200
2022 $1,851 $179,700 $10,000 $169,700
2021 $1,305 $117,600 $10,000 $107,600
2020 $1,119 $100,800 $10,000 $90,800
2019 $1,119 $100,800 $10,000 $90,800
2018 $1,157 $104,200 $8,000 $96,200
2017 $1,157 $104,200 $8,000 $96,200
2016 $1,157 $104,200 $8,000 $96,200
2015 $1,157 $118,100 $4,000 $114,100
2014 $1,311 $118,100 $4,000 $114,100
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2022

    Daniele Mason

    Blickenstaff & Company, Realto

    Section Image

  • J

    Buyer's Agent in 2022

    Josh Redmond

    Mark A. Dalton & Co., Inc.

    (434) 386-1998

    5 in this area

    372 Total Sales

    Josh Redmond
    Section Image
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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 335056

APN: 021-17-012

Virginia Lynchburg City County Lynchburg 24503 Rivermont

1610 Ruffner Place, Lynchburg, VA

This home is located at 1610 Ruffner Place, Lynchburg, VA 24503 since 05 November 2021 and is currently estimated at $262,311, approximately $109 per square foot. This property was built in 1905. 1610 Ruffner Place is a home located in Lynchburg City with nearby schools including Bedford Hills Elementary School, Linkhorne Middle School, and E.C. Glass High School.

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