$20,000
SOLD JAN 14, 2025

2221 Gills St Lynchburg, VA 24501

Fairview Heights Neighborhood
2 Beds
1 Bath
765 Sq Ft
0.29 Acres

Recently Sold

$26 Per Sq Ft

33% Below List Price

13 Days on Market

Highlights

  • Paneling
  • Garden
  • Central Air
  • Tankless Water Heater
  • Outdoor Storage
  • 2-minute walk to Younger Park

About This Home

As of January 2025

Handyman Special!! Home suffered a fire on Aug 1. Tremendous opportunity to refurbish to flip or as a great rental property. 2 Bedrooms and 1 bath, Natural gas floor furnace and Central Air, and tankless water heater was all functional prior to fire, do not know condition currently. Roof is intact, as is plumbing. Fire was caused by a faulty surge protector. Modern electrical box, electrical main from meter box was replaced a year ago. Several broken windows and drywall pulled down. Large rear deck is partially covered and could be turned into laundry/mud room. Turn your home repair skills into money in your pocket. Seller is Listing Agent.

Last Agent to Sell the Property

Raymond Snyder

Coldwell Banker Commercial Rea License #0225188880 Listed on: 12/18/2024

Coldwell Banker Commercial Rea

Last Buyer's Agent

Raymond Snyder

Coldwell Banker Commercial Rea License #0225188880 Listed on: 12/18/2024

Coldwell Banker Commercial Rea

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $458

Year Built

  • Built in 1919

Lot Details

  • 0.29 Acre Lot
  • Garden
  • Property is zoned R-3

Parking

  • Off-Street Parking

Home Design

  • Shingle Roof

Interior Spaces

  • 1 Full Bathroom
  • 765 Sq Ft Home
  • 1-Story Property
  • Paneling
  • Crawl Space
  • Washer Hookup

Flooring

  • Laminate
  • Vinyl

Outdoor Features

  • Outdoor Storage

Schools

  • Wm Bass Elementary School
  • Sandusky Midl Middle School
  • Heritage High School

Utilities

  • Central Air
  • Floor Furnace
  • Tankless Water Heater
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Fairview Heights Subdivision
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 08319004

Home Details

Home Type

Single Family

Est. Annual Taxes

$458

Year Built

Built in 1919

Lot Details

0

Listing Details

  • BuildingOnProperty: Storage Building
  • Directions: From Campbell Ave in Lynchburg turn onto Light St. Home is on right at corner or Light and Gills St.
  • Days On Market: No
  • Prop. Type: Residential
  • Year Built: 1919
  • Garage Yn: No
  • Property Sub-Type: Single Family Residence
  • Subdivision Name: Fairview Heights
  • Above Grade Finished Sq Ft: 765.00
  • Architectural Style: Other, See Remarks
  • Laundryroom Dim: 0.000 x 0.000
  • Office Dim: 0.000 x 0.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 1.00
  • Bathrooms Display: 1 (1 0)
  • Broker Approved: Yes
  • Reciprocal Listing: No
  • Has Attic: None
  • Has Basement: Crawl Space
  • Breakfast Area: 0x0 Level:
  • Flooring: Laminate, Vinyl
  • Deck: 0x0 Level:
  • Den: 0x0 Level:
  • Family Room: 0x0 Level:
  • Formal Dining: 0x0 Level:
  • Foyer: 0x0 Level:
  • Level 1 Full Bathrooms: 1
  • Great Room: 0x0 Level:
  • Interior Amenities: Cable Available, Drywall, Main Level Bedroom, Main Level Den, Paneling
  • Dining Kitchen: 10x17 Level: Level 1 Above Grade
  • Laundry: Washer Connections
  • Laundry Room: 0x0 Level:
  • Living Room: 13x13 Level: Level 1 Above Grade
  • Master Bedroom: 13x13 Level: Level 1 Above Grade
  • Office: 0x0 Level:
  • Other Room 1: 0x0 Level:
  • Other Room 2: 0x0 Level:
  • Other Room 3: 0x0 Level:
  • Porch: 0x0 Level:
  • Rec Room: 0x0 Level:
  • Screened Porch: 0x0 Level:
  • Sun Room: 0x0 Level:
  • Appliances: None
  • Stories: One
  • Sixth Bedroom: 0x0 Level:
  • Fifth Bedroom: 0x0 Level:
  • Third Bedroom: 0x0 Level:
  • Fourth Bedroom: 0x0 Level:
  • Second Bedroom: 10x10 Level: Level 1 Above Grade
  • Room Master Bedroom Area: 169.000000
  • Room Kitchen Area: 170.000000
  • Room Living Room Area: 169.000000
  • Room Bedroom2 Area: 100.000000
  • MasterBedroomDimensions Dim: 13.000 x 13.000
  • Kitchen Dim: 10.000 x 17.000
  • Sunroom Dim: 0.000 x 0.000
  • Master Bedroom Master Bedroom Width: 13.000

Exterior Features

  • Lot Number: 19-21
  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: Gas Line, Off-Street Parking, Front Porch, Paved Drive, Garden Space
  • Patio: 0x0 Level:

Garage/Parking

  • Carport: 0x0 Level:
  • Garage Dim: 0.000 x 0.000

Utilities

  • Utility Electric: AEP/Appalachian Powr
  • Cooling: Central Electric
  • Sewer: City
  • Water Heater: Gas, Tankless
  • Heating: Floor Furnace
  • Water Source: City

Schools

  • Elementary School: WM Bass Elem
  • High School: Heritage High
  • Middle School: Sandusky Midl
  • Junior High Dist: Lynchburg

Lot Info

  • Zoning: R-3
  • Acres: 0.2919
  • Lot Size Sq Ft: 12715.00
  • ResoLotSizeUnits: Acres
  • Parcel Number: 08319004
  • ResoLotSizeUnits: Acres

Rental Info

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

Tax Info

  • Estimated Taxes: 458

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 18, 2024
Closed on
Jan 13, 2025
Sold by
Snyder Raymond M
Bought by
Chicas Juan F
Seller's Agent
Raymond Snyder
Coldwell Banker Commercial Rea
Buyer's Agent
Raymond Snyder
Coldwell Banker Commercial Rea
List Price
$30,000
Sold Price
$20,000
Premium/Discount to List
-$10,000
-33.33%
Views
59
Current Estimated Value
$97,672

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,672
Avg. Annual Appreciation
1335.77%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $20,000 None Listed On Document
Deed $20,000 None Listed On Document
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/14/2025 01/14/25 Sold $20,000 -33.3% $26 / Sq Ft
12/31/2024 12/31/24 Pending -- -- --
12/30/2024 12/30/24 For Sale $30,000 0.0% $39 / Sq Ft
12/24/2024 12/24/24 Pending -- -- --
12/18/2024 12/18/24 For Sale $30,000 -- $39 / 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 $458 $51,500 $12,000 $39,500
2023 $458 $51,500 $12,000 $39,500
2022 $433 $42,000 $7,500 $34,500
2021 $466 $42,000 $7,500 $34,500
2020 $440 $39,600 $7,500 $32,100
2019 $440 $39,600 $7,500 $32,100
2018 $440 $39,600 $7,500 $32,100
2017 $440 $39,600 $7,500 $32,100
2016 $440 $39,600 $7,500 $32,100
2015 $440 $40,700 $4,600 $36,100
2014 $452 $40,700 $4,600 $36,100
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2025

    Raymond Snyder

    Coldwell Banker Commercial Rea

    (434) 610-2597

    2 in this area

    25 Total Sales

    Raymond Snyder
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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 356334

APN: 083-19-004

Virginia Lynchburg City County Lynchburg 24501 Fairview Heights

2221 Gills St, Lynchburg, VA

This home is located at 2221 Gills St, Lynchburg, VA 24501 and is currently priced at $20,000, approximately $26 per square foot. This property was built in 1919. 2221 Gills St is a home located in Lynchburg City with nearby schools including William M. Bass Elementary School, Sandusky Middle School, and Heritage High School.

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