NOT LISTED FOR SALE

Estimated Value: $76,000 - $132,000

2 Beds
1 Bath
688 Sq Ft
$149/Sq Ft Est. Value

Last Sold February 23, 2021

Last sale price $60,000 $87 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $607/month

18 Days on Market

Highlights

  • Ranch Style House
  • Paul Munro Elementary School Rated A-
  • Vinyl Flooring

About This Home

As of February 2021

Investors take notice! Currently rented at $600 per month and the tenant is here to stay. HVAC new in 2018. NEW gutters. Newer windows. Covered front porch and off street parking. Great opportunity for an investor looking for positive cash flow. A 24 hour notice is required for showings and please wear a face mask.

Last Agent to Sell the Property

Luther Maddy

Elite Realty License #0225248916 Listed on: 01/21/2021

Last Buyer's Agent

Kersten Cardwell

Reddy Real Estate, Inc. License #0225215201

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $450

Year Built

  • Built in 1954

Lot Details

  • 6,273 Sq Ft Lot

Parking

  • Driveway

Home Design

  • Ranch Style House
  • Shingle Roof

Interior Spaces

  • 688 Sq Ft Home
  • Crawl Space
  • Attic Access Panel
  • Electric Range

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Schools

  • Paul Munro Elementary School
  • Linkhorne Midl Middle School
  • E. C. Glass High School

Utilities

  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 02129021

Home Details

Home Type

Single Family

Est. Annual Taxes

$450

Year Built

Built in 1954

Lot Details

0

Listing Details

  • FILLACRES: 0.1440
  • Directions: Rivermont Ave., right onto Bedford Ave., right onto Hollins Mill Rd., left onto Bedford Ave. and the house will be on your left.
  • ElementarySchool7: Paul Munro Elem
  • HighSchool7: E. C. Glass High
  • Lot Measurement: Acres
  • Lot Sq Ft: 6273.00
  • MiddleSchool7: Linkhorne Midl
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 02129021
  • Year Built: 1954
  • Heating System: Heat Pump
  • Building Stories: One
  • Dwelling Styles: Ranch
  • Laundryroom Dim: 0.000 x 0.000
  • Living Room Dim: 15.000 x 13.000
  • Livingroom Len: 15.000
  • Livingroom Wid: 13.000
  • Masterbedroom Area: 130.000000
  • Master Bedroom Dim: 13.000 x 10.000
  • Masterbedroom Len: 13.000
  • Masterbedroom Wid: 10.000
  • 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: RIVERMONT, PLAN A, BLK 50, LOT 22
  • Reciprocal Listing: No
  • Second Bedroom: 10x10 Level: Level 1 Above Grade
  • Second Bedroom Area: 100.000000
  • Above Grade Finished Sq Ft: 688.00
  • ApplianceConvey: Dryer, Range-Elec, Refrigerator, Washer
  • Has Attic: Access
  • Has Basement: Crawl Space
  • Flooring: Laminate, Vinyl
  • Year Built Exception: 0
  • Level 1 Full Bathrooms: 1
  • Interior Amenities: Cable Available, Main Level Bedroom
  • Dining Kitchen: 10x10 Level: Level 1 Above Grade
  • Laundry: Main Level
  • Living Room: 15x13 Level: Level 1 Above Grade
  • Master Bedroom: 13x10 Level: Level 1 Above Grade
  • Porch: 17x8 Level: Level 1 Above Grade
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 100.000000
  • LivingRoom Area: 195.000000
  • 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

  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: Concrete Drive

Garage/Parking

  • Garage Dim: 0.000 x 0.000

Utilities

  • Air Conditioner: Heat Pump
  • Sewer: City
  • Hot Water: City
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors

Schools

  • School District: Lynchburg
  • School District: Lynchburg

Lot Info

  • Lot Sq Ft: 688.00

Tax Info

  • Estimated Taxes: 450

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2021
Closed on
Feb 22, 2021
Sold by
1924 Boston Llc
Bought by
Gillette Rachel
Seller's Agent
Luther Maddy
Elite Realty
Buyer's Agent
Kersten Cardwell
Reddy Real Estate, Inc.
List Price
$69,900
Sold Price
$60,000
Premium/Discount to List
-$9,900
-14.16%
Total Days on Market
18
Current Estimated Value
$102,255

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,255
Avg. Annual Appreciation
12.00%

Purchase Details

Closed on
Jun 5, 2019
Sold by
Langley Taylor T
Bought by
1924 Boston Llc

Purchase Details

Closed on
Dec 21, 2018
Sold by
Kelly Patricia P and Langley Taylor T
Bought by
Langley Taylor T

Purchase Details

Listed on
Sep 9, 2015
Closed on
Sep 28, 2015
Sold by
Jones Angie R
Bought by
Kelly Patricia P and Langley Taylor T
Seller's Agent
Lonnie Maines
BHHS Dawson Ford Garbee-Forest
Buyer's Agent
Betty Kain
Kain Realty, Inc.
List Price
$36,000
Sold Price
$32,000
Premium/Discount to List
-$4,000
-11.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.19%

Purchase Details

Closed on
Dec 27, 2005
Sold by
Ferncliff Propeties L L C
Bought by
Jones Angie R
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Gillette Rachel $60,000 Old Republic National Title
1924 Boston Llc -- None Available
Langley Taylor T -- Virginia First Title & Setmn
Kelly Patricia P $32,000 None Available
Jones Angie R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jones Angie R $175,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/23/2021 02/23/21 Sold $60,000 -14.2% $87 / Sq Ft
02/08/2021 02/08/21 Pending -- -- --
01/21/2021 01/21/21 For Sale $69,900 +118.4% $102 / Sq Ft
10/01/2015 10/01/15 Sold $32,000 -11.1% $42 / Sq Ft
09/21/2015 09/21/15 Pending -- -- --
09/09/2015 09/09/15 For Sale $36,000 -- $47 / 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 $559 $62,800 $12,500 $50,300
2023 $559 $62,800 $12,500 $50,300
2022 $439 $42,600 $10,000 $32,600
2021 $473 $42,600 $10,000 $32,600
2020 $411 $37,000 $10,000 $27,000
2019 $411 $37,000 $10,000 $27,000
2018 $101 $36,300 $8,000 $28,300
2017 $403 $36,300 $8,000 $28,300
2016 $423 $38,100 $8,000 $30,100
2015 $211 $31,600 $4,000 $27,600
2014 $88 $31,600 $4,000 $27,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 329313

APN: 021-29-021