NOT LISTED FOR SALE

1624 Shaffer St Lynchburg, VA 24501

Miller Park Neighborhood

Estimated Value: $140,000 - $175,000

6 Beds
2 Baths
1,872 Sq Ft
$86/Sq Ft Est. Value

Last Sold May 14, 2019

Last sale price $78,000 $42 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $959/month

50 Days on Market

About This Home

As of May 2019

Great Investment opportunity duplex each unit has living room, kitchen, 2 bedrooms, bathroom, washer/dryer hookups large yard one unit had newer heat pump

Last Agent to Sell the Property

Wanda Robertson

Virginia Homes & Land Realty License #0225256513 Listed on: 03/07/2019

Last Buyer's Agent

Sarah Thomas

Brownstone Properties License #0225032285

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $822

Year Built

  • Built in 1946

Lot Details

  • 17,293 Sq Ft Lot

Parking

  • Off-Street Parking

Flooring

  • Carpet
  • Vinyl

Schools

  • Rs Payne Elementary School
  • Pl Dunbar Midl Middle School
  • E. C. Glass High School

Utilities

  • Heat Pump System
  • Electric Water Heater

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$822

Year Built

Built in 1946

Lot Details

0.4 Acres

Listing Details

  • FILLACRES: 0.3970
  • ElementarySchool7: RS Payne Elem
  • HighSchool7: E. C. Glass High
  • Lot Measurement: Acres
  • Lot Sq Ft: 17293.00
  • MiddleSchool7: PL Dunbar Midl
  • Days On Market: No
  • Property Subtype1: Multi-Family
  • Prop. Type: Multi-Family
  • OFFICELIST_STATE: VA
  • Year Built: 1946
  • Heating System: Heat Pump
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Broker Approved: Yes
  • Legal Description: south hill park blk b lot 3
  • Reciprocal Listing: No
  • Flooring: Carpet, Vinyl
  • Year Built Exception: 0

Garage/Parking

  • Parking: Off Street Parking

Utilities

  • Utility Electric: American Electric
  • Cooling: Heat Pump
  • Sewer: City
  • Hot Water: City
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors

Schools

  • School District: Lynchburg

Tax Info

  • Estimated Taxes: 822

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 17, 2022
Sold by
Michael Thomas J
Bought by
Graham Donald and Graham Mandi
Current Estimated Value
$161,515

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,000
Outstanding Balance
$111,197
Interest Rate
5.3%
Mortgage Type
Seller Take Back
Estimated Equity
$50,318

Purchase Details

Closed on
Mar 13, 2019
Sold by
Hamilton Marc H
Bought by
Thomas J Michael J and Thomas Vicki L

Purchase Details

Closed on
Apr 16, 2007
Sold by
Thomas J Micchael
Bought by
Hamilton Marc H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,100
Interest Rate
6.37%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Graham Donald $130,000 None Listed On Document
Thomas J Michael J $78,000 None Available
Hamilton Marc H -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Graham Donald $117,000
Previous Owner Hamilton Marc H $89,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/14/2019 05/14/19 Sold $78,000 -8.2% $42 / Sq Ft
04/26/2019 04/26/19 Pending -- -- --
03/07/2019 03/07/19 For Sale $85,000 -- $45 / Sq Ft
Source: Lynchburg Association of REALTORS®

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
2025 $1,137 $135,300 $18,000 $117,300
2024 $1,032 $116,000 $12,000 $104,000
2023 $1,139 $128,000 $24,000 $104,000
2022 $860 $83,500 $10,000 $73,500
2021 $927 $83,500 $10,000 $73,500
2020 $823 $74,100 $10,000 $64,100
2019 $823 $74,100 $10,000 $64,100
2018 $823 $74,100 $10,000 $64,100
2017 $823 $74,100 $10,000 $64,100
2016 $823 $74,100 $10,000 $64,100
2015 $823 $74,100 $10,000 $64,100
2014 $823 $74,100 $10,000 $64,100
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2019

    Wanda Robertson

    Virginia Homes & Land Realty

    (434) 426-2103

    83 Total Sales

    Wanda Robertson
    Section Image

  • S

    Buyer's Agent in 2019

    Sarah Thomas

    Brownstone Properties

    2 in this area

    55 Total Sales

    Sarah Thomas
    Section Image
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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 317105

APN: 027-30-024

Virginia Lynchburg City County Lynchburg 24501 Miller Park

1624 Shaffer St, Lynchburg, VA

Not Listed for Sale

MultiFamily

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