$128,000
SOLD FEB 14, 2025

2228 Tulip St Lynchburg, VA 24504

White Rock Hill Neighborhood
-- Bed
-- Bath
1,680 Sq Ft
5,227 Sq Ft Lot

Recently Sold

$76 Per Sq Ft

1% Below List Price

4 Days on Market

About This Home

As of February 2025

This duplex in Lynchburg offers two units, each with 2 bedrooms and 1 bathroom. Unit B is located on the second floor, providing added privacy. The property features individual electric meters for each unit, with a single water meter for both. Unit B has new kitchen countertop, cabinets, new appliances, new LVP flooring, new paint, new toilet, and a new vanity. Recent updates include brand-new exterior painting, enhancing the home's curb appeal. With its convenient location and separate utilities, this duplex is a great investment opportunity or a comfortable living option.

Last Agent to Sell the Property

DH Powell

Keller Williams License #0225248038 Listed on: 12/17/2024

Keller Williams

Last Buyer's Agent

Audrey Roberts

Keller Williams License #0225244928

Keller Williams

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $502

Year Built

  • Built in 1917

Home Design

  • 1,680 Sq Ft Home

Flooring

  • Carpet
  • Vinyl

Parking

  • On-Street Parking
  • Off-Street Parking

Schools

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

Additional Features

  • 5,227 Sq Ft Lot
  • Electric Water Heater

Community Details

  • 1 Separate Water Meter
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 04707025

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$502

Year Built

Built in 1917

Lot Details

0

Listing Details

  • Directions: End Of Main St. To R On Buena Vista, L On Tulip St. To House On Left
  • Days On Market: No
  • Prop. Type: Multi-Family
  • Year Built: 1917
  • Garage Yn: No
  • Property Sub-Type: Multi-Family
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Broker Approved: Yes
  • Reciprocal Listing: No
  • Flooring: Carpet, Vinyl

Garage/Parking

  • Parking Features: Off Street Parking, On-Street

Utilities

  • Cooling: Other
  • Sewer: City
  • Water Heater: Electric
  • Heating: Other
  • Water Source: City

Schools

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

Lot Info

  • Acres: 0.1200
  • Lot Size Sq Ft: 5227.00
  • ResoLotSizeUnits: Acres
  • Parcel Number: 04707025
  • ResoLotSizeUnits: Acres

Rental Info

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

Tax Info

  • Estimated Taxes: 502

Multi Family

  • Number Of Units Total: 2
  • Existing Lease Type: Net
  • Number Of Separate Water Meters: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 17, 2024
Closed on
Jan 16, 2025
Sold by
Psa Properties Llc
Bought by
La-Vie Capital Llc
Seller's Agent
DH Powell
Keller Williams
Buyer's Agent
Audrey Roberts
Keller Williams
List Price
$129,900
Sold Price
$128,000
Premium/Discount to List
-$1,900
-1.46%
Views
19
Current Estimated Value
$134,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,900
Avg. Annual Appreciation
4.85%
Original Mortgage
$102,400
Outstanding Balance
$102,229
Interest Rate
6.91%
Mortgage Type
New Conventional
Estimated Equity
$28,344
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 Type Sale Price Title Company
Deed $128,000 Pike Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $102,400 New Conventional
Previous Owner $4,200,000 Credit Line Revolving
Previous Owner $204,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2025 02/14/25 Sold $128,000 -1.5% $76 / Sq Ft
12/21/2024 12/21/24 Pending -- -- --
12/17/2024 12/17/24 For Sale $129,900 -- $77 / 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 $503 $56,500 $7,500 $49,000
2023 $503 $56,500 $7,500 $49,000
2022 $411 $39,900 $5,000 $34,900
2021 $443 $39,900 $5,000 $34,900
2020 $413 $37,200 $3,000 $34,200
2019 $413 $37,200 $3,000 $34,200
2018 $413 $37,200 $3,000 $34,200
2017 $413 $37,200 $3,000 $34,200
2016 $413 $37,200 $3,000 $34,200
2015 $413 $37,200 $3,000 $34,200
2014 $413 $37,200 $3,000 $34,200
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2025

    DH Powell

    Keller Williams

    (434) 444-1985

    3 in this area

    134 Total Sales

    DH Powell
    Section Image

  • A

    Buyer's Agent in 2025

    Audrey Roberts

    Keller Williams

    Section Image
See All Agents

Map

Source: Lynchburg Association of REALTORS®

MLS Number: 356308

APN: 047-07-025

Virginia Lynchburg City County Lynchburg 24504 White Rock Hill

2228 Tulip St, Lynchburg, VA

This home is located at 2228 Tulip St, Lynchburg, VA 24504 and is currently priced at $128,000, approximately $76 per square foot. This property was built in 1917. 2228 Tulip 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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