NOT LISTED FOR SALE

2251 Otey St Lynchburg, VA 24501

Fairview Heights Neighborhood

Estimated Value: $70,000 - $132,000

2 Beds
1 Bath
963 Sq Ft
$109/Sq Ft Est. Value

Last Sold December 09, 2019

Last sale price $28,500 $30 Per Sq Ft

Est. 268% increase in value since last sale

Current estimated payment $615/month

140 Days on Market

Highlights

  • Secluded Lot
  • Main Floor Bedroom
  • Garden
  • Wood Flooring
  • En-Suite Primary Bedroom
  • Landscaped

About This Home

As of December 2019

Nestled behind privacy hedge with nice yard this craftsman cottage could be your dream home. Main level bedroom, living room and eat in kitchen. Second bedroom upstairs with office area and walk in closet. Check it out today!

Last Agent to Sell the Property

Gary Foster

RE/MAX 1st Olympic License #0225054061 Listed on: 06/10/2019

RE/MAX 1st Olympic

Last Buyer's Agent

Steven Bucklew

Blackwater Property Management License #0225076965

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $122

Year Built

  • Built in 1900

Lot Details

  • 7,275 Sq Ft Lot
  • Landscaped
  • Secluded Lot
  • Garden
  • Property is zoned R3

Home Design

  • Shingle Roof
  • Metal Roof

Interior Spaces

  • 963 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • 1 Full Bathroom

Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Laundry in Basement

Parking

  • 1 Car Detached Garage
  • Driveway

Schools

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

Utilities

  • No Cooling
  • Electric Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$122

Year Built

Built in 1900

Lot Details

0

Listing Details

  • FILLACRES: 0.1670
  • Directions: Campbell Ave to Otey St. House is on the right.
  • ElementarySchool7: WM Bass Elem
  • HighSchool7: Heritage High
  • Lot Measurement: Acres
  • Lot Sq Ft: 7275.00
  • MiddleSchool7: Sandusky Midl
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • Year Built: 1900
  • Detached Garage: 1 Car
  • Heating System: Hot Water-Oil
  • Building Stories: Two
  • Dwelling Styles: Two Story
  • Foyer Area: 77.000000
  • Laundryroom Dim: 0.000 x 0.000
  • Living Room Dim: 12.000 x 11.000
  • Livingroom Len: 12.000
  • Livingroom Wid: 11.000
  • Masterbedroom Area: 110.000000
  • Master Bedroom Dim: 11.000 x 10.000
  • Masterbedroom Len: 11.000
  • Masterbedroom Wid: 10.000
  • Office Dim: 11.000 x 8.000
  • Sun Room Len: 12.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 1.00
  • Bathrooms Display: 1 (1 0)
  • Lower Floor 1 Bedrooms: 2
  • Broker Approved: Yes
  • Legal Description: RIVES, BLK K, LOT 114 & PT LOT 113
  • Reciprocal Listing: No
  • Second Bedroom: 11x10 Level: Level 2 Above Grade
  • Second Bedroom Area: 110.000000
  • Above Grade Finished Sq Ft: 963.00
  • ApplianceConvey: Refrigerator
  • Has Attic: None
  • Has Basement: Exterior Entrance, Full, Interior Entrance
  • Flooring: Carpet, Vinyl, Wood
  • Year Built Exception: 0
  • Foyer: 11x7 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 1
  • Interior Amenities: Ceiling Fan(s), Main Level Bedroom, Master Bed w/ Bath
  • Dining Kitchen: 12x11 Level: Level 1 Above Grade
  • Laundry: Basement
  • Living Room: 12x11 Level: Level 1 Above Grade
  • Master Bedroom: 11x10 Level: Level 1 Above Grade
  • Office: 11x8 Level: Level 2 Above Grade
  • Porch: 18x6 Level: Level 1 Above Grade
  • Sun Room: 12x4 Level: Level 1 Above Grade
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 132.000000
  • LivingRoom Area: 132.000000
  • Office Area: 88.000000
  • Est Other Room1 Dim: 0.000 x 0.000
  • Est Other Room2 Dim: 0.000 x 0.000
  • Est Other Room3 Dim: 0.000 x 0.000
  • Rec Room Dim: 0.000 x 0.000
  • Sun Room Area: 48.000000
  • Sunroom Dim: 12.000 x 4.000

Exterior Features

  • Roof: Metal, Shingle
  • New Construction: Completed
  • Exterior Features: Concrete Drive, Garden Space, Landscaped, Secluded Lot

Garage/Parking

  • Garage Area: 187.000000
  • Garage Dim: 17.000 x 11.000
  • GarageLen: 17.000
  • GarageWid: 11.000

Utilities

  • Air Conditioner: None
  • 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: 963.00
  • Zoning: R3

Tax Info

  • Estimated Taxes: 122

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2019
Closed on
Dec 3, 2019
Sold by
Deacon Nelda C
Bought by
Tanwab Properties Llc
Seller's Agent
Gary Foster
RE/MAX 1st Olympic
Buyer's Agent
Steven Bucklew
Blackwater Property Management
List Price
$52,900
Sold Price
$28,500
Premium/Discount to List
-$24,400
-46.12%
Current Estimated Value
$104,906

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,406
Avg. Annual Appreciation
24.27%
Original Mortgage
$40,225
Outstanding Balance
$35,940
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$62,402
Source: Public Records

Range of Values:

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Average Value
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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
Tanwab Properties Llc $28,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tanwab Properties Llc $40,225
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/09/2019 12/09/19 Sold $28,500 -46.1% $30 / Sq Ft
10/28/2019 10/28/19 Pending -- -- --
06/10/2019 06/10/19 For Sale $52,900 -- $55 / 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 $510 $57,300 $12,000 $45,300
2023 $510 $57,300 $12,000 $45,300
2022 $459 $44,600 $7,500 $37,100
2021 $495 $44,600 $7,500 $37,100
2020 $487 $43,900 $7,500 $36,400
2019 $487 $43,900 $7,500 $36,400
2018 $487 $43,900 $7,500 $36,400
2017 $487 $43,900 $7,500 $36,400
2016 $487 $43,900 $7,500 $36,400
2015 $487 $45,700 $4,000 $41,700
2014 $254 $45,700 $4,000 $41,700
Source: Public Records

Agents Affiliated with this Home

  • Gary Foster

    Seller's Agent in 2019

    Gary Foster

    RE/MAX

    (434) 841-7537

    2 in this area

    104 Total Sales

    Section Image

  • S

    Buyer's Agent in 2019

    Steven Bucklew

    Blackwater Property Management

    (434) 610-3406

    5 in this area

    50 Total Sales

    Section Image
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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 319137

APN: 050-14-002

Virginia Lynchburg City County Lynchburg 24501 Fairview Heights

2251 Otey St, Lynchburg, VA

This home is located at 2251 Otey St, Lynchburg, VA 24501 since 10 June 2019 and is currently estimated at $104,906, approximately $108 per square foot. This property was built in 1900. 2251 Otey 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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