2940 Rivermont Ave Unit 15 Lynchburg, VA 24503
Riverside Neighborhood
2
Beds
2
Baths
1,214
Sq Ft
$350/mo
HOA Fee
Highlights
- Wood Flooring
- Screened Porch
- Storage Room
- Paul Munro Elementary School Rated A-
- Formal Dining Room
About This Home
As of April 2025This is a rare opportunity to acquire a MAIN LEVEL condo at The Heritage on Rivermont Avenue! With an attractive white brick exterior and ample parking, this 1,200 sq. ft. condo boasts a thoughtful floor plan and spacious rooms that include a living room with built-ins, dining room, kitchen with pantry, screened porch, two large bedrooms and two full bathrooms. In addition there is a large and easy accessible storage unit for the condo in the basement! Ready for the next owner to put their touch on it, the bones of this condo are superb. Unbeatable location, easy living on the avenue, and a fantastic buy!
Last Agent to Sell the Property
John Stewart Walker, Inc License #0225088704 Listed on: 11/27/2024
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,343
Year Built
- Built in 1967
HOA Fees
- $350 Monthly HOA Fees
Parking
- Off-Street Parking
Home Design
- Shingle Roof
Interior Spaces
- 1,214 Sq Ft Home
- 1-Story Property
- Drapes & Rods
- Formal Dining Room
- Screened Porch
- Storage Room
- Laundry in Basement
Kitchen
- Electric Range
- Dishwasher
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 2 Full Bathrooms
- Bathtub Includes Tile Surround
Schools
- Paul Munro Elementary School
- Linkhorne Midl Middle School
- E. C. Glass High School
Utilities
- Heat Pump System
- Electric Water Heater
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 04009015
Community Details
Overview
- Association fees include exterior maintenance, grounds maintenance, insurance, parking, road maintenance, sewer, snow removal, trash, water
- Heritage Subdivision
Building Details
- Net Lease
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 27, 2024
Closed on
Mar 14, 2025
Sold by
Fuller Dorothea Mebane and Treanor Elizabeth Davis
Bought by
Robert N Ray Revocable Living Trust
Seller's Agent
Mary Sloan
John Stewart Walker, Inc
Buyer's Agent
Robert Dawson
BHHS Dawson Ford Garbee
List Price
$159,900
Sold Price
$155,000
Premium/Discount to List
-$4,900
-3.06%
Views
111
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,815
Avg. Annual Appreciation
4.66%
Original Mortgage
$100,000
Outstanding Balance
$99,916
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$58,003
Similar Home in Lynchburg, VA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $155,000 | Fidelity National Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $100,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/01/2025 04/01/25 | Sold | $155,000 | -3.1% | $128 / Sq Ft |
| 02/24/2025 02/24/25 | Pending | -- | -- | -- |
| 01/21/2025 01/21/25 | For Sale | $159,900 | 0.0% | $132 / Sq Ft |
| 01/20/2025 01/20/25 | Pending | -- | -- | -- |
| 12/27/2024 12/27/24 | Price Changed | $159,900 | -3.0% | $132 / Sq Ft |
| 11/27/2024 11/27/24 | For Sale | $164,900 | -- | $136 / Sq Ft |
Source: Lynchburg Association of REALTORS®
Tax History Compared to Growth
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 | $1,343 | $150,900 | $30,000 | $120,900 |
| 2023 | $1,343 | $150,900 | $30,000 | $120,900 |
| 2022 | $1,459 | $141,700 | $14,600 | $127,100 |
| 2021 | $1,573 | $141,700 | $14,600 | $127,100 |
| 2020 | $1,513 | $136,300 | $14,000 | $122,300 |
| 2019 | $1,513 | $136,300 | $14,000 | $122,300 |
| 2018 | $363 | $130,700 | $11,100 | $119,600 |
| 2017 | $1,451 | $130,700 | $11,100 | $119,600 |
| 2016 | $1,451 | $130,700 | $11,100 | $119,600 |
| 2015 | $363 | $130,700 | $11,100 | $119,600 |
| 2014 | $725 | $139,700 | $11,100 | $128,600 |
Source: Public Records
Agents Affiliated with this Home
-
Mary Sloan
M
Seller's Agent in 2025
Mary Sloan
John Stewart Walker, Inc
(434) 238-3270
2 in this area
44 Total Sales
-
Robert Dawson
Buyer's Agent in 2025
Robert Dawson
BHHS Dawson Ford Garbee
(434) 841-0890
3 in this area
305 Total Sales
Map
Source: Lynchburg Association of REALTORS®
MLS Number: 356007
APN: 040-09-015
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