NOT LISTED FOR SALE

Estimated Value: $148,000 - $167,000

4 Beds
2 Baths
2,686 Sq Ft
$57/Sq Ft Est. Value

Last Sold February 13, 2020

Last sale price $95,000 $35 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $914/month

14 Days on Market

About This Home

As of February 2020

Nice duplex near Miller Park offers good parking space in rear, nice front yard with fenced in front - Two 2 bedroom, one bath units - Both leased, one at 650.00 and one at 500.00, 500.00 unit is under rented and should be at least 650.00 - Owner pays water / sewer and lawn maintenance - Main level tenant has been there 12 plus years so the owner has kept her rent down - There is a washer / dryer connection in the main level front foyer - Must have at least 24 hour notice to view but 48 hours, two days notice, preferred. (Upper level rooms sizes: Kit. 15 x 13, BR 15 x 14, BR 14 x 13, LR / BR 14 x 13, entry foyer 9 x 8 - Main level: Kit 15 x 13, LR 14 x 13, BRs 15 x 13 & 14 x 13)

Last Agent to Sell the Property

Robert Dawson

BHHS Dawson Ford Garbee License #0225036912 Listed on: 01/07/2020

BHHS Dawson Ford Garbee

Last Buyer's Agent

Sarah Thomas

Brownstone Properties License #0225032285

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $945

Year Built

  • Built in 1906

Lot Details

  • 9,583

Home Design

  • Plaster Walls

Interior Spaces

  • 2,686 Sq Ft Home
  • Paneling

Flooring

  • Wood
  • Wood Under Carpet
  • Carpet
  • Vinyl

Parking

  • 2 Parking Spaces
  • Parking Lot
  • Off-Street Parking

Schools

  • Rs Payne Elementary School
  • Pl Dunbar Midl Middle School
  • E. C. Glass High School

Additional Features

  • 9,583 Sq Ft Lot
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 00336012

Community Details

Overview

  • 2 Units
  • Miller Park Subdivision

Building Details

  • 1 Separate Water Meter
  • Insurance Expense $1,188
  • Maintenance Expense $700
  • Water Sewer Expense $741
  • New Taxes Expense $945
  • Gross Income $13,200
  • Net Operating Income $10,814

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$945

Year Built

Built in 1906

Lot Details

0

Listing Details

  • FILLACRES: 0.2200
  • Directions: Park Avenue to 2101 in the round about with sign at rear parking area
  • ElementarySchool7: RS Payne Elem
  • HighSchool7: E. C. Glass High
  • Internet Providers: Comcast/Xfinity
  • Lot Measurement: Acres
  • Lot Sq Ft: 9583.00
  • MiddleSchool7: PL Dunbar Midl
  • Days On Market: No
  • Property Subtype1: Multi-Family
  • Prop. Type: Multi-Family
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 00336012
  • Year Built: 1906
  • Heating System: Other
  • Unit Info Number Unfurnished Units: 2
  • Taxes Expense: 945.00
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Broker Approved: Yes
  • Legal Description: B B Park PT Lot 1
  • Reciprocal Listing: No
  • Flooring: Carpet, Carpet Over Wood, Vinyl, Wood Floors
  • Year Built Exception: 0
  • Walls: Drywall, Paneling, Plaster

Garage/Parking

  • Parking: 2 Spaces/Unit, Off Street Parking, Parking Lot

Utilities

  • Utility Electric: American Electric
  • Cooling: Other
  • Sewer: City
  • Hot Water: City
  • Water Heater: Electric
  • Number Of Water Meters: 1

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors
  • Subdivision Complex: Miller Park

Fee Information

  • Insurance Expenses: 1188.00

Schools

  • School District: Lynchburg
  • School District: Lynchburg

Lot Info

  • Lot Sq Ft: 2686.00
  • Zoning: R-3

Rental Info

  • Types Of Leases: 1 Year Lease

Tax Info

  • Estimated Taxes: 945

Multi Family

  • Annual Gross Income: 13200.00
  • Maintenance Expense: 700.00
  • Net Operating Income: 10814.00
  • Total Number Units: 2
  • Water Expense: 741.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2020
Closed on
Feb 4, 2020
Sold by
Brown Cortney D and Rountrey William C
Bought by
Graham Donald Robert and Graham Mandi Lea
Seller's Agent
Robert Dawson
BHHS Dawson Ford Garbee
Buyer's Agent
Sarah Thomas
Brownstone Properties
List Price
$99,900
Sold Price
$95,000
Premium/Discount to List
-$4,900
-4.9%
Current Estimated Value
$154,361

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,361
Avg. Annual Appreciation
8.07%
Original Mortgage
$71,250
Interest Rate
3.74%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Graham Donald Robert $95,000 Relinace Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Graham Donald Robert $86,800
Closed Graham Donald Robert $71,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/13/2020 02/13/20 Sold $95,000 -4.9% $35 / Sq Ft
01/21/2020 01/21/20 Pending -- -- --
01/07/2020 01/07/20 For Sale $99,900 -- $37 / 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 $894 $100,400 $13,400 $87,000
2023 $894 $100,400 $13,400 $87,000
2022 $948 $92,000 $7,500 $84,500
2021 $1,021 $92,000 $7,500 $84,500
2020 $945 $85,100 $7,500 $77,600
2019 $945 $85,100 $7,500 $77,600
2018 $236 $85,100 $7,500 $77,600
2017 $945 $85,100 $7,500 $77,600
2016 $945 $85,100 $7,500 $77,600
2015 $236 $85,100 $7,500 $77,600
2014 $236 $87,300 $7,500 $79,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 322646

APN: 003-36-012