NOT LISTED FOR SALE

Estimated Value: $23,000 - $337,975

1.35 Acres
$83,700 Price per Acre
58,675 Sq Ft Lot

Last Sold August 08, 2024

Last sale price $25,000

Est. 351% increase in value since last sale

Current estimated payment $636/month

50 Days on Market

About This Lot

As of August 2024

Unleash your creativity on this 1.35-acre unimproved land in Lynchburg's Lakeside neighborhood. With R-2 zoning, envision a future income property or your dream home. This is more than land; it's potential waiting for you.

Last Agent to Sell the Property

Rob Williams

Keller Williams License #0225249329 Listed on: 01/03/2024

Keller Williams

Last Buyer's Agent

Thomas Brooks

BHHS Dawson Ford Garbee License #0225105015

BHHS Dawson Ford Garbee

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $267

Lot Details

  • 1.35 Acre Lot
  • Property is zoned R-2

Schools

  • Dearington Elementary School
  • Linkhorne Midl Middle School
  • E. C. Glass High School

Community Details

  • Broadway Subdivision
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 01506009

Property Details

Property Type

Land

Est. Annual Taxes

$267

Lot Details

0

Listing Details

  • BuildingOnProperty: None
  • Directions: From traffic circle at Lynchburg University take old forest road and turn right on Hill Street. Turn Left on Broadway Street. Property on Right
  • Internet Providers: Comcast/Xfinity, Satellite, Verizon
  • Days On Market: No
  • Prop. Type: Land
  • Restrictions: Dblwides Not Allowed, Mobiles Not Allowed, No Horses Allowed, No Livestock Allowed
  • Garage Yn: No
  • Property Sub-Type: Unimproved Land
  • Subdivision Name: Broadway
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Disability Access: Rd Frnt State Paved
  • Accessible Transportation: City Maintained
  • Bathrooms Display: 0 (0 0)
  • Broker Approved: Yes
  • Reciprocal Listing: No

Exterior Features

  • Lot Number: 9-11
  • Road Frontage: 150.00

Utilities

  • Utility Electric: American Electric

Schools

  • Elementary School: Dearington Elem
  • High School: E. C. Glass High
  • Middle School: Linkhorne Midl
  • Junior High Dist: Lynchburg

Lot Info

  • Best Use: Current Existing, Dvlp to Residential, Investment
  • Current Use: Vacant
  • Zoning: R-2
  • Acres: 1.3470
  • Lot Size Sq Ft: 58675.00
  • ResoLotSizeUnits: Acres
  • Parcel Number: 01506009
  • ResoLotSizeUnits: Acres

Rental Info

  • Sub Lease: No
  • Sub Lease Expiration Date: 1800-01-01T00:00:00.000-05:00

Tax Info

  • Estimated Taxes: 267

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2024
Closed on
Jul 31, 2024
Sold by
Cit Investments Inc
Bought by
Ervin Properties Llc
Seller's Agent
Rob Williams
Keller Williams
Buyer's Agent
Thomas Brooks
BHHS Dawson Ford Garbee
List Price
$35,000
Sold Price
$25,000
Premium/Discount to List
-$10,000
-28.57%
Views
27
Current Estimated Value
$112,744

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,744
Avg. Annual Appreciation
319.76%

Purchase Details

Closed on
Jun 14, 2023
Sold by
D & C Enter-Prises Llc
Bought by
Ctt Investments Inc

Purchase Details

Closed on
Aug 10, 2005
Sold by
Poe Rudolph N and Poe Rebecca A
Bought by
D & C Enterprises Llc
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
Ervin Properties Llc $25,000 Fidelity National Title
Ctt Investments Inc $20,000 Old Republic National Title In
D & C Enterprises Llc $20,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2024 08/08/24 Sold $25,000 -28.6% --
02/22/2024 02/22/24 Pending -- -- --
01/03/2024 01/03/24 For Sale $35,000 -- --
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 $267 $30,000 $30,000 $0
2023 $67 $30,000 $30,000 $0
2022 $185 $18,000 $18,000 $0
2021 $200 $18,000 $18,000 $0
2020 $200 $18,000 $18,000 $0
2019 $200 $18,000 $18,000 $0
2018 $200 $18,000 $18,000 $0
2017 $200 $18,000 $18,000 $0
2016 $200 $18,000 $18,000 $0
2015 $200 $18,000 $18,000 $0
2014 $150 $18,000 $18,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 349840

APN: 015-06-009