NOT LISTED FOR SALE

2901 Memorial Ave Lynchburg, VA 24501

Westend Neighborhood

Estimated Value: $390,012

-- Bed
-- Bath
3,240 Sq Ft
$120/Sq Ft Est. Value

About This Home

This home is located at 2901 Memorial Ave, Lynchburg, VA 24501 and is currently estimated at $390,012, approximately $120 per square foot. 2901 Memorial Ave is a home located in Lynchburg City with nearby schools including T.C. Miller Elementary School for Innovation, Paul Laurence Dunbar Mid. for Innov., and E.C. Glass High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 2, 2021
Sold by
Ecktown Associates Llp
Bought by
Quarterhouse Llc
Current Estimated Value
$390,012

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Outstanding Balance
$234,083
Interest Rate
3.12%
Mortgage Type
Commercial
Estimated Equity
$155,929
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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 Buyer Sale Price Title Company
Quarterhouse Llc $300,000 Investors Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Quarterhouse Llc $255,000
Source: Public Records

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 $2,938 $349,800 $121,200 $228,600
2024 $2,893 $325,000 $121,200 $203,800
2023 $2,892 $325,000 $121,200 $203,800
2022 $3,330 $323,300 $106,100 $217,200
2021 $897 $323,300 $106,100 $217,200
2020 $3,424 $308,500 $106,100 $202,400
2019 $3,424 $308,500 $106,100 $202,400
2018 $2,906 $261,800 $90,100 $171,700
2017 $2,906 $261,800 $90,100 $171,700
2016 $2,906 $261,800 $90,100 $171,700
2015 $2,906 $261,800 $90,100 $171,700
2014 $2,906 $261,800 $90,100 $171,700
Source: Public Records

Map

Virginia Lynchburg City County Lynchburg 24501 Westend

2901 Memorial Ave, Lynchburg, VA

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