NOT LISTED FOR SALE

1702 Richmond Ave Lynchburg, VA 24502

Fort Hill Neighborhood

Estimated Value: $314,899 - $336,000

4 Beds
2.5 Baths
2,994 Sq Ft
$109/Sq Ft Est. Value

Last Sold October 19, 2020

Last sale price $199,900 $67 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $1,958/month

245 Days on Market

Highlights

  • Wood Flooring
  • Formal Dining Room
  • Fireplace
  • Workshop
  • Fenced Yard
  • Zoned Heating and Cooling

About This Home

As of October 2020

Restored classic brick colonial in beautiful area of Fort Hill. Huge gourmet kitchen with ceramic tile floors. Glass french doors lead to both formal living & dining rooms.Gorgeous curved staircase to 2nd floor from LR. 2nd staircase off family room. Office could be used as the 5th bedroom. Some upgrades include replacement windows, 2 zone heat pump, refinished hardwood floors, newer gas hot water heater, recently paint, newer appliances, newer gutters, upgraded plumbing, electrical & front walk. Main floor laundry. See additional notes and historical information from seller in the attached letter or by visiting the property.

Last Agent to Sell the Property

Gary Foster

RE/MAX 1st Olympic License #0225054061 Listed on: 01/18/2020

RE/MAX 1st Olympic

Last Buyer's Agent

Melissa Murdock

Century 21 ALL-SERVICE License #0225202806

Century 21 ALL-SERVICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,226

Year Built

  • Built in 1933

Lot Details

  • 10,019 Sq Ft Lot
  • Fenced Yard
  • Landscaped
  • Garden
  • Property is zoned R-2

Home Design

  • Shingle Roof
  • Plaster

Interior Spaces

  • 2,994 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Fireplace
  • Formal Dining Room
  • Workshop
  • Storm Doors

Kitchen

  • Self-Cleaning Oven
  • Electric Range
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathtub Includes Tile Surround

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Attic

  • Attic Floors
  • Walkup Attic
  • Partially Finished Attic

Basement

  • Partial Basement
  • Interior Basement Entry
  • Workshop

Parking

  • 2 Car Detached Garage
  • Driveway

Schools

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

Utilities

  • Zoned Heating and Cooling
  • Heat Pump System
  • Gas Water Heater

Community Details

  • Fort Hill Subdivision

Listing and Financial Details

  • Assessor Parcel Number 05403015

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,226

Year Built

Built in 1933

Lot Details

0

Listing Details

  • FILLACRES: 0.2300
  • Directions: Fort Ave to Connecticut to right on Richmond Ave
  • ElementarySchool7: Perrymont Elem
  • HighSchool7: E. C. Glass High
  • Lot Measurement: Acres
  • Lot Sq Ft: 10019.00
  • MiddleSchool7: PL Dunbar Midl
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 05403015
  • Year Built: 1933
  • Detached Garage: 2 Car
  • Heating System: Heat Pump, Two-Zone
  • Building Stories: Three Or More
  • Dwelling Styles: Two Story
  • Foyer Area: 48.000000
  • Laundryroom Dim: 0.000 x 0.000
  • Living Room Dim: 14.000 x 14.000
  • Livingroom Len: 14.000
  • Livingroom Wid: 14.000
  • Masterbedroom Area: 187.000000
  • Master Bedroom Dim: 17.000 x 11.000
  • Masterbedroom Len: 17.000
  • Masterbedroom Wid: 11.000
  • Office Dim: 10.000 x 9.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 3.00
  • Bathrooms Display: 3 (2 1)
  • Lower Floor 1 Bedrooms: 4
  • Broker Approved: Yes
  • Legal Description: Fort Hill BLK 1 PT Lots 9,10
  • Reciprocal Listing: No
  • Second Bedroom: 12x11 Level: Level 2 Above Grade
  • Second Bedroom Area: 132.000000
  • Third Bedroom: 12x10 Level: Level 2 Above Grade
  • Third Bedroom Area: 120.000000
  • Fourth Bedroom: 12x10 Level: Level 2 Above Grade
  • Fourth Bedroom Area: 120.000000
  • Above Grade Finished Sq Ft: 2994.00
  • ApplianceConvey: Dishwasher, Dryer, Range-Elec, Refrigerator, Self Cleaning Oven, Washer
  • Has Attic: Floored, Partial Finished, Walk-Up Stairs
  • Has Basement: Interior Entrance, Partial, Workshop
  • Breakfast Area: 10x10 Level: Level 1 Above Grade
  • Flooring: Hardwood, Tile
  • Year Built Exception: 0
  • Family Room: 15x14 Level: Level 1 Above Grade
  • Fireplace: 1 Fireplace
  • Formal Dining: 13x13 Level: Level 1 Above Grade
  • Foyer: 8x6 Level: Level 1 Above Grade
  • Level 2 Full Bathrooms: 2
  • First Level Half Bathrooms: 1
  • Interior Amenities: Ceiling Fan(s), Plaster, Separate Dining Room, Tile Bath(s), Workshop
  • Dining Kitchen: 16x13 Level: Level 1 Above Grade
  • Laundry: Dryer Connection, Main Level, Washer Connections
  • Laundry Room: 0x0 Level: Level 1 Above Grade
  • Living Room: 14x14 Level: Level 1 Above Grade
  • Master Bedroom: 17x11 Level: Level 2 Above Grade
  • Office: 10x9 Level: Level 2 Above Grade
  • Porch: 10x5 Level: Level 1 Above Grade
  • Rec Room: 18x17 Level: Level 3 Above Grade
  • FamilyRoom Area: 210.000000
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 208.000000
  • LivingRoom Area: 196.000000
  • Office Area: 90.000000
  • 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 Area: 306.000000
  • Rec Room Dim: 18.000 x 17.000
  • Sunroom Dim: 0.000 x 0.000

Exterior Features

  • Lot Number: 9,10
  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: Paved Drive, Concrete Drive, Fenced Yard, Garden Space, Landscaped, Storm Doors, Insulated Glass
  • Patio: 24x12 Level: Level 1 Above Grade

Garage/Parking

  • Garage Spaces: Other
  • Garage Area: 440.000000
  • Garage Dim: 20.000 x 22.000
  • GarageLen: 20.000
  • GarageWid: 22.000

Utilities

  • Air Conditioner: Heat Pump, Two-Zone
  • Sewer: City
  • Hot Water: City
  • Water Heater: Gas

Condo/Co-op/Association

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

Schools

  • School District: Lynchburg
  • School District: Lynchburg

Lot Info

  • Lot Sq Ft: 2994.00
  • Zoning: R-2

Tax Info

  • Estimated Taxes: 2226

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2020
Closed on
Oct 14, 2020
Sold by
Rogers Joe Kenneth
Bought by
Gazan Paul and Gazan Lisa O
Seller's Agent
Gary Foster
RE/MAX 1st Olympic
Buyer's Agent
Melissa Murdock
Century 21 ALL-SERVICE
List Price
$229,900
Sold Price
$199,900
Premium/Discount to List
-$30,000
-13.05%
Current Estimated Value
$326,975

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,075
Avg. Annual Appreciation
10.33%
Original Mortgage
$159,920
Outstanding Balance
$143,838
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$178,866
Source: Public Records

Range of Values:

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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
Gazan Paul $199,900 Old Republic National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gazan Paul $43,500
Open Gazan Paul $159,920
Previous Owner Rogers Joe Kenneth $151,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/19/2020 10/19/20 Sold $199,900 -13.0% $67 / Sq Ft
09/19/2020 09/19/20 Pending -- -- --
01/18/2020 01/18/20 For Sale $229,900 -- $77 / 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 $2,155 $242,100 $30,400 $211,700
2023 $2,155 $242,100 $30,400 $211,700
2022 $2,102 $204,100 $30,000 $174,100
2021 $2,266 $204,100 $30,000 $174,100
2020 $2,226 $200,500 $30,000 $170,500
2019 $2,226 $200,500 $30,000 $170,500
2018 $2,069 $186,400 $20,000 $166,400
2017 $2,069 $186,400 $20,000 $166,400
2016 $2,069 $186,400 $20,000 $166,400
2015 $2,069 $179,900 $20,000 $159,900
2014 $1,997 $179,900 $20,000 $159,900
Source: Public Records

Agents Affiliated with this Home

  • Gary Foster

    Seller's Agent in 2020

    Gary Foster

    RE/MAX

    (434) 841-7537

    7 in this area

    101 Total Sales

    Gary Foster
    Section Image

  • M

    Buyer's Agent in 2020

    Melissa Murdock

    Century 21 ALL-SERVICE

    (434) 856-2134

    2 in this area

    103 Total Sales

    Melissa Murdock
    Section Image
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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 322768

APN: 054-03-015

Virginia Lynchburg City County Lynchburg 24502 Fort Hill

1702 Richmond Ave, Lynchburg, VA

This home is located at 1702 Richmond Ave, Lynchburg, VA 24502 since 18 January 2020 and is currently estimated at $326,975, approximately $109 per square foot. This property was built in 1933. 1702 Richmond Ave is a home located in Lynchburg City with nearby schools including Perrymont Elementary School, Paul Laurence Dunbar Mid. for Innov., and E.C. Glass High School.

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