NOT LISTED FOR SALE

Estimated Value: $196,000 - $236,000

-- Bed
2 Baths
1,986 Sq Ft
$108/Sq Ft Est. Value

Last Sold August 05, 2014

Last sale price $42,000 $21 Per Sq Ft

Est. 411% increase in value since last sale

Current estimated payment $1,286/month

377 Days on Market

Highlights

  • Wood Flooring
  • Heating System Uses Steam
  • 3-minute walk to Yoder Community Center
  • Paneling

About This Home

As of August 2014

Investment opportunity! Make instant cash flow with this occupied duplex. Long term tenants.

Last Agent to Sell the Property

Karl Miller

Mark A. Dalton & Co., Inc. License #0225094202 Listed on: 04/19/2013

Last Buyer's Agent

Betsy Ferguson

Lynchburg's Finest Team LLC License #0225197755

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $820

Year Built

  • Built in 1885

Lot Details

  • 5,009 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • Plaster Walls

Interior Spaces

  • 1,986 Sq Ft Home
  • Paneling

Flooring

  • Wood
  • Carpet

Schools

  • Bedford Hills Elementary School
  • Linkhorne Midl Middle School
  • E. C. Glass High School

Utilities

  • Window Unit Cooling System
  • Heating System Uses Steam
  • Electric Water Heater

Listing and Financial Details

  • Month-to-Month Lease Term
  • Assessor Parcel Number 02403008

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Gross Income $8,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$820

Year Built

Built in 1885

Lot Details

0

Listing Details

  • FILLACRES: 0.1150
  • Directions: Rivermont Ave or Main St to 5th St to Left on Harrison St.
  • ElementarySchool7: Bedford Hills Elem
  • HighSchool7: E. C. Glass High
  • Lot Measurement: Acres
  • Lot Sq Ft: 5009.00
  • MiddleSchool7: Linkhorne Midl
  • Days On Market: No
  • Property Subtype1: Multi-Family
  • Prop. Type: Multi-Family
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 02403008
  • Year Built: 1885
  • Heating System: Hot Water-Gas, Steam-Gas
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Broker Approved: Yes
  • Legal Description: GARLAND HILL, BLK 507
  • Reciprocal Listing: No
  • Flooring: Carpet, Wood Floors
  • Year Built Exception: 0
  • Walls: Drywall, Paneling, Plaster

Garage/Parking

  • Parking: On-Street

Utilities

  • Cooling: Window Unit(s)
  • Sewer: City
  • Hot Water: City
  • Water Heater: Electric
  • Number of Gas Meters: 2
  • Number Of Water Meters: 2

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors

Schools

  • School District: Lynchburg

Lot Info

  • Lot Sq Ft: 1986.00
  • Zoning: R-2

Rental Info

  • Types Of Leases: 1 Year Lease, Month to Month

Tax Info

  • Estimated Taxes: 820

Multi Family

  • Annual Gross Income: 8400.00
  • Total Number Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 10, 2024
Sold by
1106 Lyh Properties Llc
Bought by
Wybell Properties and Button
Current Estimated Value
$214,716

Purchase Details

Closed on
Aug 25, 2021
Sold by
Llsh Bodwell Properties Llc
Bought by
1106 Lyh 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
$140,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 1, 2014
Sold by
Frost Barbara and Henry Stephen
Bought by
Pasieka Betty

Purchase Details

Closed on
Oct 28, 2009
Sold by
Frost Barbara and Sweet John
Bought by
Frost Barbara and Henry Stephen

Purchase Details

Closed on
Nov 1, 2007
Sold by
Frost Barbara and Thomas Richard
Bought by
Frost Barbara and Sweet John

Purchase Details

Closed on
Jul 24, 2006
Sold by
Sledd Thomas H and Sledd Loretta P
Bought by
Frost Barbara and Thomas Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,850
Interest Rate
7.25%
Mortgage Type
New Conventional
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
Wybell Properties -- None Listed On Document
1106 Lyh Properties Llc $180,000 None Available
Pasieka Betty $42,000 Reliance Title
Frost Barbara -- Company Providing Title Insu
Frost Barbara -- None Available
Frost Barbara -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 1106 Lyh Properties Llc $140,000
Previous Owner Frost Barbara $50,850
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/05/2014 08/05/14 Sold $42,000 -23.5% $21 / Sq Ft
05/01/2014 05/01/14 Pending -- -- --
04/19/2013 04/19/13 For Sale $54,900 -- $28 / 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
2025 $1,843 $219,400 $38,300 $181,100
2024 $1,423 $159,900 $35,000 $124,900
2023 $356 $159,900 $35,000 $124,900
2022 $1,237 $120,100 $20,000 $100,100
2021 $333 $120,100 $20,000 $100,100
2020 $1,277 $115,000 $15,000 $100,000
2019 $1,277 $115,000 $15,000 $100,000
2018 $772 $121,800 $12,500 $109,300
2017 $578 $52,100 $12,500 $39,600
2016 $578 $52,100 $12,500 $39,600
2015 $578 $73,900 $12,500 $61,400
2014 $820 $73,900 $12,500 $61,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 278143

APN: 024-03-008