1711 Floyd St Lynchburg, VA 24501
Diamond Hill NeighborhoodEstimated payment $381/month
About This Home
Investor Opportunity in Diamond Hill! This spacious 4-bedroom, 2-bath duplex boasts over 2,200 sq. ft. and is situated in the up-and-coming Diamond Hill neighborhood. Recent upgrades include significant structural enhancements such as opening the crawlspace and adding new footers, beams, and posts for stability. Additional improvements feature newly constructed back concrete steps with a stone retaining wall, a rebuilt back addition complete with new windows and door, and luxury vinyl plank flooring throughout. A new sump pump has also been installed, This property a blank canvas ready for your finishing touches. Located just a short distance from Liberty University, Lynchburg College, and downtown Lynchburg, this duplex offers incredible income-producing potential in a high-demand area. The City of Lynchburg's recently adopted Diamond Hill District neighborhood plan is set to bring continued growth and investment to to this historic area. Don't miss this opportunity!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $538
Year Built
- Built in 1909
Lot Details
- 5,415 Sq Ft Lot
Home Design
- 2,268 Sq Ft Home
Schools
- Sheffield Elementary School
- Sandusky Midl Middle School
- Heritage High School
Utilities
- Window Unit Cooling System
- Baseboard Heating
- Electric Water Heater
Community Details
- Grace Street Subdivision
- Net Lease
Listing and Financial Details
- Assessor Parcel Number 02637005
Map
Home Values in the Area
Average Home Value in this Area
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 | $538 | $60,500 | $12,000 | $48,500 |
| 2023 | $538 | $60,500 | $12,000 | $48,500 |
| 2022 | $605 | $58,700 | $10,000 | $48,700 |
| 2021 | $652 | $58,700 | $10,000 | $48,700 |
| 2020 | $743 | $66,900 | $7,000 | $59,900 |
| 2019 | $743 | $66,900 | $7,000 | $59,900 |
| 2018 | $743 | $66,900 | $7,000 | $59,900 |
| 2017 | $743 | $66,900 | $7,000 | $59,900 |
| 2016 | $743 | $66,900 | $7,000 | $59,900 |
| 2015 | $743 | $46,500 | $2,000 | $44,500 |
| 2014 | $129 | $46,500 | $2,000 | $44,500 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/16/2025 08/16/25 | For Sale | $61,500 | 0.0% | $27 / Sq Ft |
| 06/12/2025 06/12/25 | Pending | -- | -- | -- |
| 05/29/2025 05/29/25 | Price Changed | $61,500 | -12.0% | $27 / Sq Ft |
| 05/01/2025 05/01/25 | Price Changed | $69,900 | -6.8% | $31 / Sq Ft |
| 03/30/2025 03/30/25 | Price Changed | $75,000 | -16.7% | $33 / Sq Ft |
| 02/28/2025 02/28/25 | Price Changed | $90,000 | -18.1% | $40 / Sq Ft |
| 01/29/2025 01/29/25 | For Sale | $109,900 | +57.0% | $48 / Sq Ft |
| 12/21/2023 12/21/23 | Sold | $70,000 | -12.4% | $31 / Sq Ft |
| 11/26/2023 11/26/23 | Pending | -- | -- | -- |
| 11/03/2023 11/03/23 | Price Changed | $79,900 | -11.1% | $35 / Sq Ft |
| 10/19/2023 10/19/23 | Price Changed | $89,900 | -10.0% | $40 / Sq Ft |
| 09/01/2023 09/01/23 | For Sale | $99,900 | -- | $44 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $70,000 | Fidelity National Title | |
| Deed | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $614,680 | Stand Alone Refi Refinance Of Original Loan |
Source: Lynchburg Association of REALTORS®
MLS Number: 356786
APN: 026-37-005
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