Seller's Agent in 2023
Mike Osei
Long & Foster-Forest
(434) 444-6206
10 in this area
254 Total Sales
1741 Shaffer St Lynchburg, VA 24501
Miller Park NeighborhoodEstimated Value: $162,049 - $185,000
4
Beds
2
Baths
1,420
Sq Ft
$124/Sq Ft
Est. Value
About This Home
As of September 2023Excellent duplex rental property located in Lynchburg Stadium area, with very long term tenants who have been there for over 6 years, & would like to stay. Each unit offers 2BR/1BA. Currently tenants each pay $525, but you can easily get more monthly rent. Some of the home features include new roof, vinyl siding, off-street parking around the back & recently painted. Located literally just off Lynchburg Expressway with easy access to LU, the mall, multiple interstate routes, restaurants, grocery stores, & so much more! Don't miss out on this opportunity to own a steady cash flowing rental property in the heart of the city.
Last Agent to Sell the Property
Long & Foster-Forest License #0225209432 Listed on: 08/27/2023
Last Buyer's Agent
Sherrell Preston
eXp Realty LLC-Stafford License #0225254720
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $698
Year Built
- Built in 1946
Lot Details
- 9,348 Sq Ft Lot
Home Design
- 1,420 Sq Ft Home
Flooring
- Wood
- Vinyl
Parking
- Unpaved Driveway
- On-Street Parking
- Off-Street Parking
Schools
- Rs Payne Elementary School
- Pl Dunbar Midl Middle School
- E. C. Glass High School
Utilities
- Window Unit Cooling System
- Heating System Mounted To A Wall or Window
- Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number 02736013
Community Details
Overview
- 2 Units
- Cotton Hill Subdivision
Building Details
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Water Sewer Expense $90
- Gross Income $12,600
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 27, 2023
Closed on
Sep 25, 2023
Sold by
Bought by
Seller's Agent
Mike Osei
Long & Foster-Forest
Buyer's Agent
Sherrell Preston
eXp Realty LLC-Stafford
List Price
$140,000
Sold Price
$150,000
Premium/Discount to List
$10,000
7.14%
Views
5
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
$26,012
Avg. Annual Appreciation
5.94%
Original Mortgage
$120,000
Outstanding Balance
$117,516
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$58,496
Purchase Details
Listed on
Mar 19, 2019
Closed on
May 30, 2019
Sold by
Bought by
Seller's Agent
Kelly Eckard
Brownstone Properties
Buyer's Agent
Mike Osei
Long & Foster-Forest
List Price
$75,000
Sold Price
$75,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.32%
Original Mortgage
$52,000
Interest Rate
4.1%
Mortgage Type
Construction
Purchase Details
Listed on
Mar 19, 2019
Closed on
May 16, 2019
Sold by
Bought by
Seller's Agent
Kelly Eckard
Brownstone Properties
Buyer's Agent
Mike Osei
Long & Foster-Forest
List Price
$75,000
Sold Price
$75,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
4.1%
Mortgage Type
Construction
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $150,000 | None Listed On Document | ||
| $75,000 | -- | ||
| $75,000 | First American Title |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $120,000 | ||
| Previous Owner | $52,000 | ||
| Previous Owner | $52,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/29/2023 09/29/23 | Sold | $150,000 | 0.0% | $106 / Sq Ft | |
| 08/30/2023 08/30/23 | Pending | -- | -- | -- | |
| 08/30/2023 08/30/23 | Price Changed | $150,000 | +7.1% | $106 / Sq Ft | |
| 08/27/2023 08/27/23 | For Sale | $140,000 | +86.7% | $99 / Sq Ft | |
| 05/30/2019 05/30/19 | Sold | $75,000 | 0.0% | $54 / Sq Ft | View Prior Sale |
| 05/02/2019 05/02/19 | Pending | -- | -- | -- | |
| 03/19/2019 03/19/19 | For Sale | $75,000 | +38.9% | $54 / Sq Ft | |
| 08/05/2013 08/05/13 | Sold | $54,000 | -16.3% | $39 / Sq Ft | View Prior Sale |
| 08/01/2013 08/01/13 | Pending | -- | -- | -- | |
| 09/24/2012 09/24/12 | For Sale | $64,500 | -- | $46 / Sq Ft |
Source: Lynchburg Association of REALTORS®
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $1,276 | $151,900 | $18,000 | $133,900 |
| 2024 | $1,124 | $126,300 | $12,000 | $114,300 |
| 2023 | $172 | $77,100 | $12,000 | $65,100 |
| 2022 | $659 | $64,000 | $5,000 | $59,000 |
| 2021 | $710 | $64,000 | $5,000 | $59,000 |
| 2020 | $710 | $64,000 | $5,000 | $59,000 |
| 2019 | $710 | $64,000 | $5,000 | $59,000 |
| 2018 | $710 | $64,000 | $5,000 | $59,000 |
| 2017 | $710 | $64,000 | $5,000 | $59,000 |
| 2016 | $710 | $64,000 | $5,000 | $59,000 |
| 2015 | $710 | $64,000 | $5,000 | $59,000 |
| 2014 | $533 | $64,000 | $5,000 | $59,000 |
Source: Public Records
Agents Affiliated with this Home
-
Mike Osei
-
S
Buyer's Agent in 2023
Sherrell Preston
eXp Realty LLC-Stafford
-
Kelly Eckard
K
Seller's Agent in 2019
Kelly Eckard
Brownstone Properties
(434) 610-6216
2 in this area
50 Total Sales
-
Sarah Thomas
S
Seller Co-Listing Agent in 2019
Sarah Thomas
Brownstone Properties
2 in this area
53 Total Sales
-
Vicky Pogue
V
Seller's Agent in 2013
Vicky Pogue
RE/MAX
37 Total Sales
-
Martin Donovan
Buyer's Agent in 2013
Martin Donovan
Lauren Bell Real Estate, Inc.
(727) 512-1704
3 in this area
79 Total Sales
Map
Source: Lynchburg Association of REALTORS®
MLS Number: 347886
APN: 027-36-013
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