NOT LISTED FOR SALE

2665 Rivermont Ave Lynchburg, VA 24503

Woodland Neighborhood
-- Bed
-- Bath
24,333 Sq Ft
0.43 Acres

Last Sold June 06, 2016

Last sale price $892,000 $37 Per Sq Ft

79 Days on Market

Highlights

  • 0.43 Acre Lot
  • Paneling
  • 2-minute walk to Riverside Park
  • Wood Flooring
  • Electric Baseboard Heater

About This Home

As of June 2016

Comp. Purposes Only. 27 Units in 3 historic brick buildings across the street from Randolph College on Rivermont (also includes 216 Warwick). NOI after taxes, expenses and insurance $105k. Utilities approx. 15K/year. 3 effic., 12-1.5 bedroom didn't have closet)

Last Agent to Sell the Property

Sky Pacot

LPT Realty, Inc License #0225053735 Listed on: 03/16/2016

LPT Realty, Inc

Last Buyer's Agent

Sky Pacot

LPT Realty, Inc License #0225053735 Listed on: 03/16/2016

LPT Realty, Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,948

Year Built

  • Built in 1926

Lot Details

  • 0.43 Acre Lot

Parking

  • On-Street Parking

Interior Spaces

  • 24,333 Sq Ft Home
  • Paneling
  • Wood Flooring

Schools

  • Bedford Hills Elementary School
  • Linkhorne Midl Middle School
  • E. C. Glass High School

Utilities

  • Window Unit Cooling System
  • Electric Baseboard Heater
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 01904001

Community Details

Overview

  • 27 Units

Building Details

  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • New Taxes Expense $7,948
  • Gross Income $133,850
  • Net Operating Income $105,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,948

Year Built

Built in 1926

Lot Details

0

Listing Details

  • FILLACRES: 0.4300
  • ElementarySchool7: Bedford Hills Elem
  • HighSchool7: E. C. Glass High
  • Lot Measurement: Acres
  • Lot Sq Ft: 18731.00
  • MiddleSchool7: Linkhorne Midl
  • Days On Market: No
  • Property Subtype1: Multi-Family
  • Prop. Type: Multi-Family
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 01904001
  • Year Built: 1926
  • Heating System: Electric Baseboard
  • Unit Info Number Unfurnished Units: 27
  • Taxes Expense: 7948.00
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Broker Approved: Yes
  • Legal Description: Rivermont, Blk W, Pt Lot 31 Normandy, Blk W, Blk 14 Normandy, Blk W, Lot 14
  • Reciprocal Listing: No
  • Flooring: Wood Floors
  • Year Built Exception: 0
  • Walls: Drywall, Paneling

Garage/Parking

  • Parking: On-Street

Utilities

  • Cooling: Window Unit(s)
  • Sewer: City
  • Hot Water: City
  • Water Heater: Gas
  • Number of Gas Meters: 3
  • Number Of Water Meters: 3

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors

Schools

  • School District: Lynchburg
  • School District: Lynchburg

Lot Info

  • Lot Sq Ft: 24333.00
  • Zoning: R4

Rental Info

  • Types Of Leases: Month to Month

Tax Info

  • Estimated Taxes: 7948

Multi Family

  • Annual Gross Income: 133850.00
  • Net Operating Income: 105000.00
  • Total Number Units: 27

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2016 06/06/16 Sold $892,000 -10.8% $37 / Sq Ft
06/03/2016 06/03/16 Pending -- -- --
03/16/2016 03/16/16 For Sale $1,000,000 -- $41 / Sq Ft
Source: Lynchburg Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Sky Pacot

    Seller's Agent in 2016

    Sky Pacot

    LPT Realty, Inc

    (434) 941-9497

    2 in this area

    103 Total Sales

    Sky Pacot
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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 299123

APN: 019 04 001

Virginia Lynchburg City County Lynchburg 24503 Woodland

2665 Rivermont Ave, Lynchburg, VA

This home is located at 2665 Rivermont Ave, Lynchburg, VA 24503 since 16 March 2016. This property was built in 1926. 2665 Rivermont Ave is a home located in Lynchburg City with nearby schools including Bedford Hills Elementary School, Linkhorne Middle School, and E.C. Glass High School.

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