NOT LISTED FOR SALE

1624 Mckinney Ave Lynchburg, VA 24502

Fort Hill Neighborhood

Estimated Value: $210,488 - $264,000

-- Bed
2 Baths
1,600 Sq Ft
$149/Sq Ft Est. Value

Last Sold March 23, 2023

Last sale price $199,900 $125 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $1,426/month

18 Days on Market

About This Home

As of March 2023

Incredible investment opportunity! Side by side duplex for under 200K! Won't last long!

Last Agent to Sell the Property

Stephen Acree

Keller Williams License #0225225687 Listed on: 02/04/2023

Keller Williams

Last Buyer's Agent

Sherrell Preston

eXp Realty LLC-Stafford License #0225254720

eXp Realty LLC-Stafford

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,528

Year Built

  • Built in 1946

Lot Details

  • 0.37 Acre Lot

Home Design

  • 1,600 Sq Ft Home

Schools

  • Sheffield Elementary School
  • Pl Dunbar Midl Middle School
  • Heritage High School

Community Details

  • 2 Units
  • Fort Hill East Subdivision

Listing and Financial Details

  • Assessor Parcel Number 05306034

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,528

Year Built

Built in 1946

Lot Details

0

Listing Details

  • FILLACRES: 0.3733
  • ElementarySchool7: Sheffield Elem
  • HighSchool7: Heritage High
  • Lot Measurement: Acres
  • Lot Sq Ft: 16261.00
  • MiddleSchool7: PL Dunbar Midl
  • Days On Market: No
  • Property Subtype1: Multi-Family
  • Prop. Type: Multi-Family
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 05306034
  • Year Built: 1946
  • Unit Info Number Unfurnished Units: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Broker Approved: Yes
  • Legal Description: RADCLIFF, BLK 12, LOT 41 & PT
  • Reciprocal Listing: No
  • Year Built Exception: 0

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors
  • Subdivision Complex: Fort Hill - East

Schools

  • School District: Lynchburg
  • School District: Lynchburg

Lot Info

  • Lot Sq Ft: 1600.00

Tax Info

  • Estimated Taxes: 1528

Multi Family

  • Total Number Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2023
Closed on
Mar 16, 2023
Sold by
Smith William A Le
Bought by
Egbujuo Charles
Seller's Agent
Stephen Acree
Keller Williams
Buyer's Agent
Sherrell Preston
eXp Realty LLC-Stafford
List Price
$199,900
Sold Price
$199,900
Views
192
Current Estimated Value
$237,872

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,972
Avg. Annual Appreciation
6.65%
Original Mortgage
$187,905
Outstanding Balance
$183,044
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$50,115

Purchase Details

Closed on
Jun 29, 2006
Sold by
Tolley Inez O
Bought by
Tolley Inez O and Johnson David R
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
Egbujuo Charles $199,900 Absolute Title & Settlement
Tolley Inez O -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Egbujuo Charles $187,905
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/23/2023 03/23/23 Sold $199,900 0.0% $125 / Sq Ft
02/22/2023 02/22/23 Pending -- -- --
02/16/2023 02/16/23 For Sale $199,900 0.0% $125 / Sq Ft
02/08/2023 02/08/23 Pending -- -- --
02/04/2023 02/04/23 For Sale $199,900 +99.9% $125 / Sq Ft
03/25/2015 03/25/15 Sold $100,000 -1.0% $61 / Sq Ft
03/05/2015 03/05/15 Pending -- -- --
11/24/2014 11/24/14 For Sale $101,000 -- $62 / 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 $1,489 $167,300 $33,000 $134,300
2023 $1,489 $167,300 $33,000 $134,300
2022 $1,418 $137,700 $25,000 $112,700
2021 $1,528 $137,700 $25,000 $112,700
2020 $1,235 $111,300 $25,000 $86,300
2019 $1,235 $111,300 $25,000 $86,300
2018 $1,130 $101,800 $20,000 $81,800
2017 $1,130 $101,800 $20,000 $81,800
2016 $1,130 $101,800 $20,000 $81,800
2015 $1,130 $101,800 $20,000 $81,800
2014 $1,130 $98,700 $20,000 $78,700
Source: Public Records

Agents Affiliated with this Home

  • Stephen Acree

    Seller's Agent in 2023

    Stephen Acree

    Keller Williams

    (434) 607-2976

    14 in this area

    246 Total Sales

    Section Image

  • S

    Buyer's Agent in 2023

    Sherrell Preston

    eXp Realty LLC-Stafford

    Section Image
  • Charlie Watts

    Seller's Agent in 2015

    Charlie Watts

    Watts Auction Realty Appra Inc

    (434) 942-0840

    1 in this area

    304 Total Sales

    Section Image
  • Lauren Bell

    Buyer's Agent in 2015

    Lauren Bell

    Lauren Bell Real Estate, Inc.

    (434) 382-9482

    1 in this area

    372 Total Sales

    Section Image
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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 342468

APN: 053-06-034

Virginia Lynchburg City County Lynchburg 24502 Fort Hill

1624 Mckinney Ave, Lynchburg, VA

This home is located at 1624 Mckinney Ave, Lynchburg, VA 24502 since 04 February 2023 and is currently estimated at $237,872, approximately $148 per square foot. This property was built in 1946. 1624 Mckinney Ave is a home located in Lynchburg City with nearby schools including Sheffield Elementary School, Paul Laurence Dunbar Mid. for Innov., and Heritage High School.

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