NOT LISTED FOR SALE

2210 Park Place Lynchburg, VA 24501

Miller Park Neighborhood

Estimated Value: $130,000 - $142,000

-- Bed
2 Baths
1,887 Sq Ft
$72/Sq Ft Est. Value

Last Sold August 02, 2019

Last sale price $86,150 $46 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $807/month

24 Days on Market

About This Home

As of August 2019

Great investment property! Brick true DUPLEX with separate entrances and separate electric meters. Upstairs tenant occupied with long term tenant (12 years) for $550 / mo. - tenant wants to stay. Downstairs is currently vacant but is rent ready with a few small repairs. Good cash flow producing property. Windows and soffits have been wrapped for low maintenance exterior. Off street parking. Conveniently located. Call today!

Last Agent to Sell the Property

Matthew Durand

Mark A. Dalton & Co., Inc. License #0225204692 Listed on: 05/10/2019

Last Buyer's Agent

Jaysn Schaener

Raven Realty LLC License #0225263810

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $803

Year Built

  • Built in 1940

Lot Details

  • 5,532 Sq Ft Lot

Parking

  • Off-Street Parking

Home Design

  • 1,887 Sq Ft Home

Flooring

  • Wood
  • Vinyl

Schools

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

Utilities

  • Window Unit Cooling System
  • Electric Water Heater

Community Details

  • 2 Units
  • New Taxes Expense $803

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$803

Year Built

Built in 1940

Lot Details

0

Listing Details

  • FILLACRES: 0.1270
  • Directions: From Memorial Ave, turn Right on Park Ave, then left onto Park Lane then Right onto Park Pl.
  • ElementarySchool7: RS Payne Elem
  • HighSchool7: E. C. Glass High
  • Internet Providers: Comcast/Xfinity, Verizon
  • Lot Measurement: Acres
  • Lot Sq Ft: 5532.00
  • MiddleSchool7: PL Dunbar Midl
  • Days On Market: No
  • Property Subtype1: Multi-Family
  • Prop. Type: Multi-Family
  • OFFICELIST_STATE: VA
  • Year Built: 1940
  • Unit Info Number Unfurnished Units: 2
  • Taxes Expense: 803.00
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Broker Approved: Yes
  • Legal Description: PARK PLACE, SEC A, LOT 6
  • Reciprocal Listing: No
  • Flooring: Vinyl, Wood Floors, Other
  • Year Built Exception: 0

Garage/Parking

  • Parking: Off Street Parking

Utilities

  • Utility Electric: American Electric
  • Cooling: Window Unit(s)
  • 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: 1887.00

Tax Info

  • Estimated Taxes: 803

Multi Family

  • Total Number Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 2, 2021
Sold by
Mcmillan Samuel David
Bought by
Stone Arch Investments Llc
Current Estimated Value
$136,349

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,800
Outstanding Balance
$123,649
Interest Rate
3.12%
Mortgage Type
Commercial
Estimated Equity
$10,053

Purchase Details

Listed on
May 10, 2019
Closed on
Jun 18, 2019
Sold by
Salisbury Belinda K and Salisbury William D
Bought by
Mcmillan Samuel David
Seller's Agent
Matthew Durand
Mark A. Dalton & Co., Inc.
Buyer's Agent
Jaysn Schaener
Raven Realty LLC
List Price
$79,900
Sold Price
$86,150
Premium/Discount to List
$6,250
7.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.46%
Original Mortgage
$83,361
Interest Rate
3.8%
Mortgage Type
FHA

Purchase Details

Closed on
May 3, 2007
Sold by
Clements Huston Davis and Clements Ceryna B
Bought by
Salisbury Karen B and Salisbury William D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
6.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 6, 2006
Sold by
Elliott Christopher S and Elliott Meredith H
Bought by
Clements Huston David and Clements Ceryna B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,950
Interest Rate
6.32%
Mortgage Type
Credit Line Revolving
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
Stone Arch Investments Llc -- None Available
Mcmillan Samuel David $84,900 Fidelity National Title
Salisbury Karen B -- Reliance Title
Clements Huston David -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stone Arch Investments Llc $132,800
Closed Stone Arch Investments Llc $132,800
Previous Owner Mcmillan Samuel David $83,361
Previous Owner Salisbury Karen B $64,000
Previous Owner Clements Huston D $6,950
Previous Owner Clements Huston David $55,641
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2019 08/02/19 Sold $86,150 +7.8% $46 / Sq Ft
06/03/2019 06/03/19 Pending -- -- --
05/10/2019 05/10/19 For Sale $79,900 -- $42 / 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 $838 $94,200 $12,000 $82,200
2023 $838 $94,200 $12,000 $82,200
2022 $844 $81,900 $6,000 $75,900
2021 $909 $81,900 $6,000 $75,900
2020 $880 $72,300 $6,000 $66,300
2019 $803 $72,300 $6,000 $66,300
2018 $803 $72,300 $6,000 $66,300
2017 $803 $72,300 $6,000 $66,300
2016 $803 $72,300 $6,000 $66,300
2015 $803 $72,300 $6,000 $66,300
2014 $803 $74,400 $6,000 $68,400
Source: Public Records

Agents Affiliated with this Home

  • Matthew Durand

    Seller's Agent in 2019

    Matthew Durand

    Mark A. Dalton & Co., Inc.

    (434) 509-3934

    2 in this area

    216 Total Sales

    Matthew Durand
    Section Image
  • Jaysn Schaener

    Buyer's Agent in 2019

    Jaysn Schaener

    Raven Realty LLC

    (434) 515-0378

    1 in this area

    58 Total Sales

    Jaysn Schaener
    Section Image
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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 318509

APN: 011-02-028

Virginia Lynchburg City County Lynchburg 24501 Miller Park

2210 Park Place, Lynchburg, VA

This home is located at 2210 Park Place, Lynchburg, VA 24501 since 10 May 2019 and is currently estimated at $136,349, approximately $72 per square foot. This property was built in 1940. 2210 Park Place is a home located in Lynchburg City with nearby schools including Robert S. Payne Elementary School, Paul Laurence Dunbar Mid. for Innov., and E.C. Glass High School.

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