NOT LISTED FOR SALE

1753 Otey St Lynchburg, VA 24501

Fairview Heights Neighborhood

Estimated Value: $84,000 - $126,000

2 Beds
1 Bath
1,000 Sq Ft
$106/Sq Ft Est. Value

Last Sold July 21, 2022

Last sale price $55,000 $55 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $605/month

106 Days on Market

About This Home

As of July 2022

Attention Investors! 2 Story, 2BR in Lynchburg currently rented for $750 per month. New cabinets, flooring & fresh paint in 2020. Schedule your showing today! All inspections are to be completed prior to submitting an offer. Inspections are for buyers information only. Home is sold AS-IS.

Last Agent to Sell the Property

Stacy Powell

Keller Williams License #0225225057 Listed on: 02/03/2022

Keller Williams

Last Buyer's Agent

Jeremy Lassiter

Samson Properties License #0225247100

Samson Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $490

Year Built

  • Built in 1900

Lot Details

  • 4,304 Sq Ft Lot
  • Property is zoned R-3

Parking

  • Driveway

Home Design

  • Shingle Roof

Interior Spaces

  • 1,000 Sq Ft Home
  • 2-Story Property
  • Crawl Space
  • Electric Range
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

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

Utilities

  • No Cooling
  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • South Lynchburg Subdivision

Listing and Financial Details

  • Assessor Parcel Number 04905073

Home Details

Home Type

Single Family

Est. Annual Taxes

$490

Year Built

Built in 1900

Lot Details

0

Listing Details

  • FILLACRES: 0.0988
  • Directions: Campbell Ave. to Otey St.
  • ElementarySchool7: WM Bass Elem
  • HighSchool7: Heritage High
  • Lot Measurement: Acres
  • Lot Sq Ft: 4304.00
  • MiddleSchool7: Sandusky Midl
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 04905073
  • Year Built: 1900
  • Heating System: Heat Pump
  • Building Stories: Two
  • Dwelling Styles: Two Story
  • Laundryroom Dim: 0.000 x 0.000
  • Living Room Dim: 0.000 x 0.000
  • Masterbedroom Area: 260.000000
  • Master Bedroom Dim: 20.000 x 13.000
  • Masterbedroom Len: 20.000
  • Masterbedroom Wid: 13.000
  • Office Dim: 0.000 x 0.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 1.00
  • Bathrooms Display: 1 (1 0)
  • Lower Floor 1 Bedrooms: 2
  • Broker Approved: Yes
  • Legal Description: SOUTH LYNCHBURG, BLK 2, LOT 14
  • Reciprocal Listing: No
  • Second Bedroom: 16x12 Level: Level 2 Above Grade
  • Second Bedroom Area: 192.000000
  • Above Grade Finished Sq Ft: 1000.00
  • ApplianceConvey: Range-Elec, Refrigerator
  • Has Attic: None
  • Has Basement: Crawl Space
  • Flooring: Vinyl, Wood
  • Year Built Exception: 0
  • Family Room: 20x14 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 1
  • Interior Amenities: Cable Available
  • Dining Kitchen: 16x12 Level: Level 1 Above Grade
  • Laundry: Dryer Connection, Washer Connections
  • Master Bedroom: 20x13 Level: Level 2 Above Grade
  • Porch: 10x11 Level: Level 1 Above Grade
  • FamilyRoom Area: 280.000000
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 192.000000
  • 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: 14
  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: Concrete Drive, Insulated Glass

Garage/Parking

  • Garage Dim: 0.000 x 0.000

Utilities

  • Air Conditioner: None
  • Sewer: City
  • Hot Water: City
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors
  • Subdivision Complex: South Lynchburg

Schools

  • School District: Lynchburg
  • School District: Lynchburg

Lot Info

  • Lot Sq Ft: 1000.00
  • Zoning: R-3

Tax Info

  • Estimated Taxes: 490

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2022
Closed on
Jul 21, 2022
Sold by
Lynchburg Rental Properties Llc
Bought by
Lassiter Property Group Llc
Seller's Agent
Stacy Powell
Keller Williams
Buyer's Agent
Jeremy Lassiter
Samson Properties
List Price
$79,900
Sold Price
$55,000
Premium/Discount to List
-$24,900
-31.16%
Current Estimated Value
$106,405

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,405
Avg. Annual Appreciation
19.62%
Original Mortgage
$97,950
Interest Rate
5.78%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 31, 2020
Sold by
Streamline Llc
Bought by
Lynchburg Rental Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 20, 2013
Sold by
Frazier John A
Bought by
M & M Heritage Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,842
Interest Rate
4.61%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 9, 2011
Sold by
Marsh Clyde Everett and Marsh Ann Martin
Bought by
Frazier John A
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
Lassiter Property Group Llc $55,000 None Listed On Document
Lynchburg Rental Properties Llc $45,000 Certified Title
M & M Heritage Llc $8,700 None Available
Frazier John A $800 Integrity Title & Settlement
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Lassiter Property Group Llc $97,950
Previous Owner Lynchburg Rental Properties Llc $36,000
Previous Owner M & M Heritage Llc $126,842
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2022 07/21/22 Sold $55,000 -31.2% $55 / Sq Ft
05/20/2022 05/20/22 Pending -- -- --
02/03/2022 02/03/22 For Sale $79,900 -- $80 / 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 $490 $55,100 $7,500 $47,600
2023 $490 $55,100 $7,500 $47,600
2022 $490 $44,100 $4,000 $40,100
2021 $490 $44,100 $4,000 $40,100
2020 $228 $20,500 $1,500 $19,000
2019 $228 $20,500 $1,500 $19,000
2018 $228 $20,500 $1,500 $19,000
2017 $228 $20,500 $1,500 $19,000
2016 $193 $17,400 $1,500 $15,900
2015 $48 $17,400 $1,500 $15,900
2014 $193 $5,700 $1,500 $4,200
Source: Public Records

Agents Affiliated with this Home

  • Stacy Powell

    Seller's Agent in 2022

    Stacy Powell

    Keller Williams

    (434) 444-1983

    19 in this area

    421 Total Sales

    Section Image
  • Jeremy Lassiter

    Buyer's Agent in 2022

    Jeremy Lassiter

    Samson Properties

    (434) 841-1087

    2 in this area

    27 Total Sales

    Section Image
See All Agents

Map

Source: Lynchburg Association of REALTORS®

MLS Number: 336249

APN: 049-05-073

Virginia Lynchburg City County Lynchburg 24501 Fairview Heights

1753 Otey St, Lynchburg, VA

This home is located at 1753 Otey St, Lynchburg, VA 24501 since 03 February 2022 and is currently estimated at $106,405, approximately $106 per square foot. This property was built in 1900. 1753 Otey St 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