NOT LISTED FOR SALE

1700 Arkansas Ave Lynchburg, VA 24501

Fairview Heights Neighborhood

Estimated Value: $177,000 - $197,000

3 Beds
1.5 Baths
1,344 Sq Ft
$140/Sq Ft Est. Value

Last Sold October 13, 2023

Last sale price $180,000 $134 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $1,131/month

4 Days on Market

Highlights

  • 2-Story Property
  • Ceiling Fan
  • Mini Split Air Conditioners
  • Garden

About This Home

As of October 2023

Perfect starter home or investment property! You will not want to miss! This home offers 3 bedrooms and 1.5 baths. This property has been updated and ready for its new owners. Updates to include: new paint, lights and flooring throughout. Brand new mini splits throughout the home, all new stainless appliances. Relax and grill on the new back deck. This home sits at the end of the street feeling private but centrally located.

Last Agent to Sell the Property

Cole Rice

Lauren Bell Real Estate, Inc. License #0225211000 Listed on: 09/14/2023

Last Buyer's Agent

Adam Stinespring

Keller Williams License #0225258772

Keller Williams

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $608

Year Built

  • Built in 1947

Lot Details

  • 0.26 Acre Lot
  • Garden

Home Design

  • 2-Story Property
  • Metal Roof

Interior Spaces

  • 1,344 Sq Ft Home
  • Ceiling Fan
  • Laminate Flooring
  • Fire and Smoke Detector
  • Washer and Dryer Hookup

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Basement

  • Walk-Out Basement
  • Interior Basement Entry
  • Laundry in Basement

Schools

  • Wm Bass Elementary School
  • Sandusky Midl Middle School
  • Heritage High School

Utilities

  • Mini Split Air Conditioners
  • Mini Split Heat Pump
  • Electric Water Heater

Community Details

  • Fairview Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 11028011

Home Details

Home Type

Single Family

Est. Annual Taxes

$608

Year Built

Built in 1947

Lot Details

0

Listing Details

  • FILLACRES: 0.2646
  • Directions: 460 To Campbell Exit Turn Left Then Right On Texas To Right On Nevada Then Left On Arkansas - Last House On Right
  • ElementarySchool7: WM Bass Elem
  • HighSchool7: Heritage High
  • Lot Measurement: Acres
  • Lot Sq Ft: 11526.00
  • MiddleSchool7: Sandusky Midl
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 11028011
  • Year Built: 1947
  • FullBathBelowGrade: 1
  • Heating System: Mini-Split
  • Building Stories: Two
  • Dwelling Styles: Ranch
  • Laundryroom Dim: 6.000 x 3.000
  • Laundryroom Len: 6.000
  • Living Room Dim: 23.000 x 11.000
  • Livingroom Len: 23.000
  • Livingroom Wid: 11.000
  • Masterbedroom Area: 132.000000
  • Master Bedroom Dim: 12.000 x 11.000
  • Masterbedroom Len: 12.000
  • Masterbedroom Wid: 11.000
  • Office Dim: 0.000 x 0.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 2.00
  • Bathrooms Display: 2 (1 1)
  • Lower Floor 1 Bedrooms: 3
  • Broker Approved: Yes
  • Legal Description: MOUNTAIN VIEW, BLK S, LOTS 32-
  • Reciprocal Listing: No
  • Second Bedroom: 11x10 Level: Level 1 Above Grade
  • Second Bedroom Area: 110.000000
  • Third Bedroom: 12x10 Level: Below Grade
  • Third Bedroom Area: 120.000000
  • Above Grade Finished Sq Ft: 672.00
  • ApplianceConvey: Dishwasher, Microwave, Range-Elec, Refrigerator
  • Has Attic: None
  • Has Basement: Interior Entrance, Walkout
  • Breakfast Area: 14x10 Level: Below Grade
  • Flooring: Laminate
  • Year Built Exception: 0
  • Deck: 28x10 Level: Level 1 Above Grade
  • First Level Half Bathrooms: 1
  • Interior Amenities: Cable Connections, Ceiling Fan(s), Drywall, Smoke Alarm
  • Dining Kitchen: 12x10 Level: Below Grade
  • Laundry: Basement, Dryer Connection, Laundry Closet, Washer Connections
  • Laundry Room: 6x3 Level: Below Grade
  • Living Room: 23x11 Level: Level 1 Above Grade
  • Master Bedroom: 12x11 Level: Level 1 Above Grade
  • Porch: 28x5 Level: Level 1 Above Grade
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 120.000000
  • Laundry Room Area: 18.000000
  • LivingRoom Area: 253.000000
  • Est Other Room1 Dim: 0.000 x 0.000
  • Est Other Room2 Dim: 0.000 x 0.000
  • Est Other Room3 Dim: 0.000 x 0.000
  • Rec Room Dim: 0.000 x 0.000
  • Sunroom Dim: 0.000 x 0.000

Exterior Features

  • Lot Number: 32-35
  • Roof: Metal
  • New Construction: Completed
  • Exterior Features: Garden Space

Garage/Parking

  • Garage Dim: 0.000 x 0.000

Utilities

  • Utility Electric: AEP/Appalachian Powr
  • Air Conditioner: Mini-Split
  • Sewer: City
  • Hot Water: City
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors
  • Subdivision Complex: Fairview Heights

Schools

  • School District: Lynchburg
  • School District: Lynchburg

Lot Info

  • Lot Sq Ft: 1344.00

Tax Info

  • Estimated Taxes: 608

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2023
Closed on
Oct 12, 2023
Sold by
Arkansas Avenue Trust
Bought by
Gatto Keelyn and Gatto Noah Peter
Seller's Agent
Cole Rice
Lauren Bell Real Estate, Inc.
Buyer's Agent
Adam Stinespring
Keller Williams
List Price
$169,900
Sold Price
$180,000
Premium/Discount to List
$10,100
5.94%
Views
56
Current Estimated Value
$188,095

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,095
Avg. Annual Appreciation
3.23%
Original Mortgage
$176,739
Interest Rate
7.18%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 29, 2023
Sold by
Arkansas Avenue Trust
Bought by
Arkansas Avenue Trust

Purchase Details

Closed on
Mar 16, 2023
Sold by
Keystone Estates Inc
Bought by
Arkansas Avenue Trust

Purchase Details

Closed on
Jan 12, 2012
Sold by
Farrel Brock W and Farrel Hannah M
Bought by
Virginia Hud

Purchase Details

Closed on
Mar 28, 2007
Sold by
Boswell Benjamin and Boswell Cheri
Bought by
Farrel Brock W and Farrel Hannah M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,500
Interest Rate
6.19%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Gatto Keelyn $180,000 Pike Title
Arkansas Avenue Trust -- --
Arkansas Avenue Trust $76,000 Chicago Title
Virginia Hud $75,472 Investors Title Insurance Co
Farrel Brock W -- None Available
Boswell Benjamin -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gatto Noah Peter $177,740
Closed Gatto Keelyn $176,739
Previous Owner Mclean Matthew D $109,200
Previous Owner Farrel Brock W $75,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/13/2023 10/13/23 Sold $180,000 +5.9% $134 / Sq Ft
09/18/2023 09/18/23 Pending -- -- --
09/14/2023 09/14/23 For Sale $169,900 +541.1% $126 / Sq Ft
05/15/2013 05/15/13 Sold $26,500 +6.4% $20 / Sq Ft
05/15/2013 05/15/13 Pending -- -- --
04/01/2012 04/01/12 For Sale $24,900 -- $19 / 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 $1,292 $145,200 $12,000 $133,200
2023 $573 $64,400 $12,000 $52,400
2022 $575 $55,800 $7,500 $48,300
2021 $619 $55,800 $7,500 $48,300
2020 $586 $52,800 $7,500 $45,300
2019 $586 $52,800 $7,500 $45,300
2018 $586 $52,800 $7,500 $45,300
2017 $586 $52,800 $7,500 $45,300
2016 $586 $52,800 $7,500 $45,300
2015 $586 $52,900 $4,600 $48,300
2014 $587 $52,900 $4,600 $48,300
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2023

    Cole Rice

    Lauren Bell Real Estate, Inc.

    (434) 941-7959

    1 in this area

    68 Total Sales

    Cole Rice
    Section Image
  • Adam Stinespring

    Buyer's Agent in 2023

    Adam Stinespring

    Keller Williams

    (434) 363-1907

    3 in this area

    69 Total Sales

    Adam Stinespring
    Section Image
  • Jeff Barker

    Seller's Agent in 2013

    Jeff Barker

    RE/MAX

    (434) 610-6789

    3 in this area

    81 Total Sales

    Jeff Barker
    Section Image

  • D

    Buyer's Agent in 2013

    Diane Ray

    RE/MAX

See All Agents

Map

Source: Lynchburg Association of REALTORS®

MLS Number: 348175

APN: 110-28-011

Virginia Lynchburg City County Lynchburg 24501 Fairview Heights

1700 Arkansas Ave, Lynchburg, VA

This home is located at 1700 Arkansas Ave, Lynchburg, VA 24501 since 14 September 2023 and is currently estimated at $188,095, approximately $139 per square foot. This property was built in 1947. 1700 Arkansas Ave is a home located in Lynchburg City with nearby schools including William M. Bass Elementary School, Sandusky Middle School, and Heritage High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed to be reliable but not guaranteed.

Nearby Homes