NOT LISTED FOR SALE

Estimated Value: $124,000 - $179,088

3 Beds
1 Bath
1,260 Sq Ft
$115/Sq Ft Est. Value

Last Sold February 27, 2020

Last sale price $79,400 $63 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $807/month

5 Days on Market

Highlights

  • River Nearby
  • Storm Windows
  • Bungalow
  • Formal Dining Room
  • Laundry Room
  • Tile Flooring

About This Home

As of February 2020

This charming 3 BR bungalow is perfect for savvy first time home buyers and investors alike! Neutral colors, tall ceilings, replacement windows, tile kitchen and bathroom, and separate laundry/mud room. Large level back yard, and ample off street parking and storage shed. So convenient to everything! Minutes to downtown Lynchburg, 12 minutes to LU and U of L, and just over an hour to Charlottesville. Call today to schedule your private showing!

Last Agent to Sell the Property

Cheryl Smith

Keller Williams License #0225230996 Listed on: 01/10/2020

Keller Williams

Last Buyer's Agent

Kevin Cash

RE/MAX 1st Olympic License #0225027311

RE/MAX 1st Olympic

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $378

Year Built

  • Built in 1945

Lot Details

  • 0.46 Acre Lot
  • Garden

Home Design

  • Bungalow
  • Shingle Roof
  • Plaster

Interior Spaces

  • 1,260 Sq Ft Home
  • 1-Story Property
  • Formal Dining Room
  • Crawl Space
  • Storm Windows

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Attic

  • Storage In Attic
  • Pull Down Stairs to Attic

Outdoor Features

  • River Nearby
  • Outdoor Storage

Schools

  • Madison Heights Elementary School
  • Monelison Midl Middle School
  • Amherst High School

Utilities

  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$378

Year Built

Built in 1945

Lot Details

0

Listing Details

  • FILLACRES: 0.4600
  • BuildingOnProperty: Storage Building
  • Directions: Take US 29 Business N to Madison Heights. Take Virginia 210/Old Town Connector Exit and turn left. Turn left onto Main Street. House is first on the left.
  • Internet Providers: Comcast/Xfinity
  • Lot Measurement: Acres
  • Lot Sq Ft: 20038.00
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • Year Built: 1945
  • Heating System: Heat Pump, Other
  • Building Stories: One
  • Dwelling Styles: Bungalow
  • Laundryroom Dim: 13.000 x 9.000
  • Laundryroom Len: 13.000
  • Living Room Dim: 13.000 x 13.000
  • Livingroom Len: 13.000
  • Livingroom Wid: 13.000
  • Masterbedroom Area: 143.000000
  • Master Bedroom Dim: 13.000 x 11.000
  • Masterbedroom Len: 13.000
  • Masterbedroom Wid: 11.000
  • 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)
  • Lower Floor 1 Bedrooms: 3
  • Broker Approved: Yes
  • Legal Description: 160A2 A 64
  • Reciprocal Listing: No
  • Second Bedroom: 11x9 Level:
  • Second Bedroom Area: 99.000000
  • Third Bedroom: 14x13 Level:
  • Third Bedroom Area: 182.000000
  • Above Grade Finished Sq Ft: 1260.00
  • ApplianceConvey: Dishwasher, Dryer, Microwave, Range-Elec, Refrigerator, Washer
  • Has Attic: Pull Down, Storage Only
  • Has Basement: Crawl Space
  • Flooring: Carpet, Tile
  • Year Built Exception: 0
  • Formal Dining: 13x11 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 1
  • Interior Amenities: Cable Available, Main Level Bedroom, Plaster, Separate Dining Room
  • Dining Kitchen: 13x9 Level: Level 1 Above Grade
  • Laundry: Dryer Connection, Laundry Room, Washer Connections
  • Laundry Room: 13x9 Level: Level 1 Above Grade
  • Living Room: 13x13 Level: Level 1 Above Grade
  • Master Bedroom: 13x11 Level: Level 1 Above Grade
  • Porch: 28x7 Level: Level 1 Above Grade
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 117.000000
  • Laundry Room Area: 117.000000
  • LivingRoom Area: 169.000000
  • 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
  • Sunroom Dim: 0.000 x 0.000

Exterior Features

  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: River Nearby, Garden Space, Storm Windows

Garage/Parking

  • Garage Dim: 0.000 x 0.000

Utilities

  • Utility Electric: AEP/Appalachian Powr
  • Air Conditioner: Heat Pump
  • Sewer: City
  • Hot Water: City
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors

Schools

  • School District: Amherst
  • Elementary School: Madison Heights Elem
  • Middle School: Monelison Midl
  • High School: Amherst High
  • Elementary School: Madison Heights Elem
  • High School: Amherst High
  • Middle School: Monelison Midl
  • School District: Amherst

Lot Info

  • Lot Sq Ft: 1260.00

Tax Info

  • Estimated Taxes: 378

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2020
Closed on
Feb 10, 2020
Sold by
Herward Bryan Thomas
Bought by
Russo Timothy James
Seller's Agent
Cheryl Smith
Keller Williams
Buyer's Agent
Kevin Cash
RE/MAX 1st Olympic
List Price
$74,900
Sold Price
$79,400
Premium/Discount to List
$4,500
6.01%
Current Estimated Value
$145,522

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,122
Avg. Annual Appreciation
9.55%
Original Mortgage
$80,202
Outstanding Balance
$71,764
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$60,051
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
Russo Timothy James $79,400 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Russo Timothy James $80,202
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2020 02/27/20 Sold $79,400 +6.0% $63 / Sq Ft
01/15/2020 01/15/20 Pending -- -- --
01/10/2020 01/10/20 For Sale $74,900 +22.8% $59 / Sq Ft
03/09/2015 03/09/15 Sold $61,000 0.0% $48 / Sq Ft
03/08/2015 03/08/15 Pending -- -- --
01/08/2015 01/08/15 For Sale $61,000 -- $48 / 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
2025 $378 $62,000 $15,000 $47,000
2024 $378 $62,000 $15,000 $47,000
2023 $378 $62,000 $15,000 $47,000
2022 $378 $62,000 $15,000 $47,000
2021 $378 $62,000 $15,000 $47,000
2020 $378 $62,000 $15,000 $47,000
2019 $320 $52,500 $21,000 $31,500
2018 $320 $52,500 $21,000 $31,500
2017 $320 $52,500 $21,000 $31,500
2016 $320 $52,500 $21,000 $31,500
2015 $294 $52,500 $21,000 $31,500
2014 $294 $52,500 $21,000 $31,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 322674

APN: 160A2-A-64