NOT LISTED FOR SALE

Estimated Value: $165,000 - $245,000

-- Bed
3 Baths
-- Sq Ft
0.34 Acres

Last Sold February 18, 2022

Last sale price $156,500

Est. 28% increase in value since last sale

Current estimated payment $1,202/month

125 Days on Market

About This Home

As of February 2022

This very spacious home has eight bedrooms, 3 kitchens, 3 bathrooms, and 3 living room/dining areas. It is zoned R-3, two dwelling units, but for many years was used as a Three Family. Live in one unit and rent the other. Relax on the huge 42x14 rear deck or spacious front porch. There is also a second floor balcony. The yard is partially fenced and borders open space. It is located across from EC Glass High School and next to a church. Imagine the history in this beautiful home built in 1908. There are hardwood floors throughout and 9 foot ceilings. Make your new memories in this comfortable historic Memorial Avenue home.

Last Agent to Sell the Property

Norman Domingo

XRealty.net LLC License #0225194372 Listed on: 07/21/2021

Last Buyer's Agent

Norman Domingo

XRealty.net LLC License #0225194372 Listed on: 07/21/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $940

Year Built

  • Built in 1908

Lot Details

  • 0.34 Acre Lot

Flooring

  • Wood Under Carpet
  • Laminate
  • Ceramic Tile
  • Vinyl

Schools

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

Utilities

  • Electric Baseboard Heater
  • Electric Water Heater

Community Details

  • 2 Units
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$940

Year Built

Built in 1908

Lot Details

0

Listing Details

  • FILLACRES: 0.3400
  • ElementarySchool7: Dearington Elem
  • HighSchool7: E. C. Glass High
  • Lot Measurement: Acres
  • Lot Sq Ft: 14810.00
  • MiddleSchool7: PL Dunbar Midl
  • Days On Market: No
  • Property Subtype1: Multi-Family
  • Prop. Type: Multi-Family
  • OFFICELIST_STATE: VA
  • Year Built: 1908
  • Heating System: Electric Baseboard
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Broker Approved: Yes
  • Legal Description: 2212 Memorial Avenue, Lynchburg, Virginia 24551
  • Reciprocal Listing: No
  • Flooring: Carpet Over Wood, Ceramic Tile, Laminate, Vinyl, Other
  • Year Built Exception: 0

Utilities

  • Sewer: City
  • Hot Water: City
  • Water Heater: Electric
  • Number Of Water Meters: 1

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors

Schools

  • School District: Lynchburg
  • School District: Lynchburg

Tax Info

  • Estimated Taxes: 940

Multi Family

  • Total Number Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2021
Closed on
Dec 28, 2021
Sold by
Gingerbread Manor Inc
Bought by
Barnett Darrius Jordan
Seller's Agent
Norman Domingo
XRealty.net LLC
Buyer's Agent
Norman Domingo
XRealty.net LLC
List Price
$169,000
Sold Price
$156,500
Premium/Discount to List
-$12,500
-7.4%
Current Estimated Value
$199,735

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,235
Avg. Annual Appreciation
6.88%
Original Mortgage
$153,664
Interest Rate
3.55%
Mortgage Type
FHA

Purchase Details

Listed on
Oct 21, 2019
Closed on
Mar 19, 2020
Sold by
Jones Gregory D and Jones Carol L
Bought by
Gingerbread Manor Inc
Seller's Agent
Lamont Hamlette
eXp Realty LLC-Stafford
Buyer's Agent
Bob Sherman
RE/MAX 1st Olympic
List Price
$82,900
Sold Price
$76,000
Premium/Discount to List
-$6,900
-8.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
46.55%

Purchase Details

Closed on
Apr 27, 2007
Sold by
Kooc Mai Li
Bought by
Jones Gregory D and Jones Carol L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,400
Interest Rate
8%
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
Barnett Darrius Jordan $156,500 Seth E Twery Pc
Gingerbread Manor Inc $76,000 None Available
Gingerbread Manor Inc $76,000 Fidelity National Title
Jones Gregory D -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Barnett Darrius Jordan $153,664
Previous Owner Jones Gregory D $82,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/18/2022 02/18/22 Sold $156,500 -7.4% --
11/23/2021 11/23/21 Pending -- -- --
07/21/2021 07/21/21 For Sale $169,000 +122.4% --
03/31/2020 03/31/20 Sold $76,000 -8.3% $23 / Sq Ft
03/02/2020 03/02/20 Pending -- -- --
10/21/2019 10/21/19 For Sale $82,900 -- $25 / 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 $1,364 $153,300 $15,000 $138,300
2023 $1,364 $153,300 $15,000 $138,300
2022 $1,535 $149,000 $9,000 $140,000
2021 $1,654 $149,000 $9,000 $140,000
2020 $953 $85,900 $9,000 $76,900
2019 $953 $85,900 $9,000 $76,900
2018 $953 $85,900 $9,000 $76,900
2017 $953 $85,900 $9,000 $76,900
2016 $953 $85,900 $9,000 $76,900
2015 $953 $97,500 $9,000 $88,500
2014 $1,082 $101,900 $9,000 $92,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 333027

APN: 011-01-021