1705 1st St Lynchburg, VA 24501
Dearington Neighborhood
4
Beds
1
Bath
1,560
Sq Ft
0.5
Acres
Highlights
- City View
- Queen Anne Architecture
- Laundry Room
- Wood Flooring
- Paneling
- Garden
About This Home
As of October 2024Nice 4 bedroom one level home with finished basement and double lot. Great fixer upper or investment property. This home boast generous yard space, perfect for outdoor living and entertaining. Whether you envision hosting barbecues, setting up a playground, or cultivating a garden, this yard space offer endless possibilities.
Last Agent to Sell the Property
Long & Foster-Forest License #0225267403 Listed on: 08/16/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $700
Year Built
- Built in 1961
Lot Details
- 0.5 Acre Lot
- Garden
- Property is zoned R-3
Parking
- Off-Street Parking
Home Design
- Queen Anne Architecture
- Shingle Roof
Interior Spaces
- 1,560 Sq Ft Home
- 1-Story Property
- Paneling
- City Views
- Scuttle Attic Hole
- Fire and Smoke Detector
- Electric Range
Flooring
- Wood
- Vinyl
Bedrooms and Bathrooms
- 1 Full Bathroom
- Bathtub Includes Tile Surround
Laundry
- Laundry Room
- Washer and Dryer Hookup
Basement
- Heated Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Interior and Exterior Basement Entry
- Laundry in Basement
Schools
- Dearington Elementary School
- Linkhorne Midl Middle School
- E. C. Glass High School
Utilities
- Forced Air Heating and Cooling System
- Electric Water Heater
- High Speed Internet
- Cable TV Available
Community Details
- Dearington Park Subdivision
- Net Lease
Listing and Financial Details
- Assessor Parcel Number 00303002
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 16, 2024
Closed on
Oct 14, 2024
Sold by
Regina Carpenter C and Regina Esther
Bought by
Andersen Karsten
Seller's Agent
Jhervel Miller
Long & Foster-Forest
Buyer's Agent
Salina Khanna
T.Y. Realty Incorporated
List Price
$139,900
Sold Price
$126,000
Premium/Discount to List
-$13,900
-9.94%
Views
71
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,230
Avg. Annual Appreciation
7.34%
Original Mortgage
$119,700
Outstanding Balance
$118,646
Interest Rate
6.2%
Mortgage Type
New Conventional
Estimated Equity
$15,081
Purchase Details
Closed on
Mar 23, 2022
Sold by
Shipp Dallas R and Shipp Heather N
Bought by
Shoshanna Rentals Llc
Similar Homes in Lynchburg, VA
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $126,000 | Old Republic National Title In | |
| Deed | $171,000 | Absolute Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $119,700 | New Conventional | |
| Closed | $7,000 | Construction |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/23/2024 10/23/24 | Sold | $126,000 | -9.9% | $81 / Sq Ft |
| 09/09/2024 09/09/24 | Price Changed | $139,900 | +5.2% | $90 / Sq Ft |
| 09/08/2024 09/08/24 | Price Changed | $133,000 | -4.9% | $85 / Sq Ft |
| 08/24/2024 08/24/24 | Pending | -- | -- | -- |
| 08/16/2024 08/16/24 | For Sale | $139,900 | -- | $90 / Sq Ft |
Source: Lynchburg Association of REALTORS®
Tax History Compared to Growth
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 | $595 | $66,800 | $16,800 | $50,000 |
| 2023 | $149 | $66,800 | $16,800 | $50,000 |
| 2022 | $488 | $47,400 | $12,000 | $35,400 |
| 2021 | $526 | $47,400 | $12,000 | $35,400 |
| 2020 | $643 | $57,900 | $8,000 | $49,900 |
| 2019 | $643 | $57,900 | $8,000 | $49,900 |
| 2018 | $156 | $56,100 | $4,000 | $52,100 |
| 2017 | $623 | $56,100 | $4,000 | $52,100 |
| 2016 | $623 | $56,100 | $4,000 | $52,100 |
| 2015 | $156 | $56,100 | $4,000 | $52,100 |
| 2014 | $311 | $54,500 | $4,000 | $50,500 |
Source: Public Records
Agents Affiliated with this Home
-
Jhervel Miller
Seller's Agent in 2024
Jhervel Miller
Long & Foster-Forest
(434) 444-4194
1 in this area
1 Total Sale
-
Salina Khanna
Buyer's Agent in 2024
Salina Khanna
T.Y. Realty Incorporated
(434) 401-1255
3 in this area
95 Total Sales
Map
Source: Lynchburg Association of REALTORS®
MLS Number: 354108
APN: 003-03-002
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