NOT LISTED FOR SALE

Estimated Value: $67,000 - $142,000

2 Beds
1 Bath
1,048 Sq Ft
$110/Sq Ft Est. Value

Last Sold May 06, 2024

Last sale price $35,500 $34 Per Sq Ft

Est. 225% increase in value since last sale

Current estimated payment $627/month

4 Days on Market

About This Home

As of May 2024

Attention Investors and Handypersons! Here's an opportunity to have instant equity with a little sweat equity! Home has some smoke damage and tear out from a recent fire. Home being sold strictly as is. Building supplies in pictures do not convey and will be removed by the owners.

Last Agent to Sell the Property

DH Powell

Keller Williams License #0225248038 Listed on: 04/15/2024

Keller Williams

Last Buyer's Agent

Chelsea White

Keeton & Co Real Estate License #0225257461

Keeton & Co Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $216

Year Built

  • Built in 1900

Lot Details

  • 3,894 Sq Ft Lot
  • Property is zoned R-3

Home Design

  • Metal Roof

Interior Spaces

  • 1 Full Bathroom
  • 1,048 Sq Ft Home
  • 2-Story Property
  • Crawl Space
  • Attic Access Panel
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Vinyl

Schools

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

Utilities

  • No Cooling
  • Baseboard Heating
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Cotton Hill Subdivision
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 02735033

Home Details

Home Type

Single Family

Est. Annual Taxes

$216

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Directions: Stadium Rd to Gordon to Aragon.
  • Days On Market: No
  • Prop. Type: Residential
  • Year Built: 1900
  • Garage Yn: No
  • Property Sub-Type: Single Family Residence
  • Subdivision Name: Cotton Hill
  • Above Grade Finished Sq Ft: 1048.00
  • Architectural Style: Two Story
  • 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: Access
  • Has Basement: Crawl Space
  • Flooring: Hardwood, Vinyl
  • Level 2 Full Bathrooms: 1
  • Interior Amenities: Cable Available
  • Dining Kitchen: 15x14 Level: Level 1 Above Grade
  • Laundry: Dryer Connection, Washer Connections
  • Living Room: 15x15 Level: Level 1 Above Grade
  • Master Bedroom: 15x9 Level: Level 2 Above Grade
  • Appliances: None
  • Stories: Two
  • Second Bedroom: 15x8 Level: Level 2 Above Grade
  • Room Master Bedroom Area: 135.000000
  • Room Kitchen Area: 210.000000
  • Room Living Room Area: 225.000000
  • Room Bedroom2 Area: 120.000000
  • MasterBedroomDimensions Dim: 15.000 x 9.000
  • Kitchen Dim: 15.000 x 14.000
  • Sunroom Dim: 0.000 x 0.000
  • Master Bedroom Master Bedroom Width: 9.000

Exterior Features

  • Lot Number: 12
  • Roof: Metal
  • New Construction: Completed
  • Exterior Features: Other

Garage/Parking

  • Garage Dim: 0.000 x 0.000

Utilities

  • Cooling: None
  • Sewer: City
  • Water Heater: Electric
  • Heating: Electric Baseboard
  • Water Source: City

Schools

  • Elementary School: RS Payne Elem
  • High School: E. C. Glass High
  • Middle School: PL Dunbar Midl
  • Junior High Dist: Lynchburg

Lot Info

  • Zoning: R-3
  • Acres: 0.0894
  • Lot Size Sq Ft: 3894.00
  • ResoLotSizeUnits: Acres
  • Parcel Number: 02735033
  • ResoLotSizeUnits: Acres

Rental Info

  • Sub Lease: No
  • Sub Lease Expiration Date: 1800-01-01T00:00:00.001-05:00

Tax Info

  • Estimated Taxes: 216

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2024
Closed on
Apr 25, 2024
Sold by
Psa Properties Llc
Bought by
Merricks David A
Seller's Agent
DH Powell
Keller Williams
Buyer's Agent
Chelsea White
Keeton & Co Real Estate
List Price
$39,900
Sold Price
$35,500
Premium/Discount to List
-$4,400
-11.03%
Views
56
Current Estimated Value
$115,451

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,951
Avg. Annual Appreciation
138.01%

Purchase Details

Closed on
Jan 4, 2005
Sold by
Hale Andrew J and Hale Doris
Bought by
Psa Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,000
Interest Rate
6.33%
Mortgage Type
Credit Line Revolving
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
Merricks David A $35,500 None Listed On Document
Psa Properties Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Psa Properties Llc $4,200,000
Previous Owner Psa Properties Llc $34,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/06/2024 05/06/24 Sold $35,500 -11.0% $34 / Sq Ft
04/20/2024 04/20/24 Pending -- -- --
04/15/2024 04/15/24 For Sale $39,900 -- $38 / 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 $216 $24,300 $12,000 $12,300
2023 $216 $24,300 $12,000 $12,300
2022 $329 $31,900 $5,000 $26,900
2021 $354 $31,900 $5,000 $26,900
2020 $354 $31,900 $5,000 $26,900
2019 $354 $31,900 $5,000 $26,900
2018 $354 $31,900 $5,000 $26,900
2017 $354 $31,900 $5,000 $26,900
2016 $354 $31,900 $5,000 $26,900
2015 $354 $40,900 $4,000 $36,900
2014 $454 $40,900 $4,000 $36,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 351682

APN: 027-35-033