NOT LISTED FOR SALE

209 Ash St Lynchburg, VA 24503

Rivermont Neighborhood

Estimated Value: $205,549 - $276,000

-- Bed
3 Baths
2,304 Sq Ft
$107/Sq Ft Est. Value

Last Sold July 14, 2014

Last sale price $125,000 $54 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $1,475/month

66 Days on Market

About This Home

As of July 2014

Two unit Duplex. One unit offers 1,334 sq. ft. the other 1,152. Each has their own electric, washer, dryer hook up, hardwood floors, claw footed tubs, addition on back of unit one that offers space for play area, office, lots of storage in the basement, newer roof, heat pumps. Owner pays for water, tenants pays everything else. Both sides rented. This is a great deal.

Last Agent to Sell the Property

Dee Smith

BHHS Dawson Ford Garbee-Forest License #0225069579 Listed on: 05/09/2014

BHHS Dawson Ford Garbee-Forest

Last Buyer's Agent

Sandy Alderman

Alliance Realty Group License #0225064789

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,019

Year Built

  • Built in 1926

Lot Details

  • 0.27

Parking

  • Off-Street Parking

Home Design

  • Plaster Walls

Schools

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

Utilities

  • Heat Pump System
  • Electric Water Heater

Additional Features

  • Wood Flooring
  • 0.27 Acre Lot

Community Details

  • 2 Units
  • New Taxes Expense $1,019

Listing and Financial Details

  • Assessor Parcel Number 02006013

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,019

Year Built

Built in 1926

Lot Details

0

Listing Details

  • FILLACRES: 0.2700
  • Directions: Rivermont Avenue to Ash Street.
  • ElementarySchool7: Bedford Hills Elem
  • HighSchool7: E. C. Glass High
  • Lot Measurement: Acres
  • Lot Sq Ft: 11761.00
  • MiddleSchool7: Linkhorne Midl
  • Days On Market: No
  • Property Subtype1: Multi-Family
  • Prop. Type: Multi-Family
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 02006013
  • Year Built: 1926
  • Heating System: Heat Pump
  • Taxes Expense: 1019.00
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Broker Approved: Yes
  • Legal Description: RIVERMONT, PLAN B, BLK 66, LOT E
  • Reciprocal Listing: No
  • Flooring: Wood Floors
  • Year Built Exception: 0
  • Walls: Plaster

Garage/Parking

  • Parking: Off Street Parking

Utilities

  • Cooling: 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

  • Zoning: R-3

Rental Info

  • Types Of Leases: 1 Year Lease

Tax Info

  • Estimated Taxes: 1019

Multi Family

  • Total Number Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2014
Closed on
Jul 8, 2014
Sold by
Otey Ronnie E and Otey Joe Ann
Bought by
Cassidy Shannon K and Cassidy James M
Seller's Agent
Dee Smith
BHHS Dawson Ford Garbee-Forest
Buyer's Agent
Sandy Alderman
Alliance Realty Group
List Price
$124,900
Sold Price
$125,000
Premium/Discount to List
$100
0.08%
Current Estimated Value
$247,781

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,781
Avg. Annual Appreciation
6.26%
Original Mortgage
$100,000
Outstanding Balance
$34,428
Interest Rate
3.87%
Mortgage Type
VA
Estimated Equity
$210,779

Purchase Details

Closed on
Apr 27, 2007
Sold by
Gant Stephanie W
Bought by
Otey Ronnie E and Otey Joe Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,500
Interest Rate
7%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Cassidy Shannon K $125,000 None Available
Otey Ronnie E $105,000 Integrity Title & Settlement
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cassidy Shannon K $100,000
Previous Owner Otey Ronnie E $94,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2014 07/14/14 Sold $125,000 +0.1% $54 / Sq Ft
07/14/2014 07/14/14 Pending -- -- --
05/09/2014 05/09/14 For Sale $124,900 -- $54 / 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 $1,416 $159,100 $12,500 $146,600
2023 $1,416 $159,100 $12,500 $146,600
2022 $1,486 $144,300 $10,000 $134,300
2021 $1,602 $144,300 $10,000 $134,300
2020 $1,400 $126,100 $10,000 $116,100
2019 $1,400 $126,100 $10,000 $116,100
2018 $1,346 $121,300 $8,000 $113,300
2017 $1,346 $121,300 $8,000 $113,300
2016 $1,346 $121,300 $8,000 $113,300
2015 $1,346 $91,800 $5,000 $86,800
2014 $1,019 $91,800 $5,000 $86,800
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2014

    Dee Smith

    BHHS Dawson Ford Garbee-Forest

    10 Total Sales

    Section Image

  • S

    Buyer's Agent in 2014

    Sandy Alderman

    Alliance Realty Group

    Section Image
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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 285197

APN: 020-06-013

Virginia Lynchburg City County Lynchburg 24503 Rivermont

209 Ash St, Lynchburg, VA

This home is located at 209 Ash St, Lynchburg, VA 24503 since 09 May 2014 and is currently estimated at $245,887, approximately $106 per square foot. This property was built in 1926. 209 Ash St is a home located in Lynchburg City with nearby schools including Bedford Hills Elementary School, Linkhorne Middle School, and E.C. Glass High School.

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