NOT LISTED FOR SALE

2940 Rivermont Ave Unit 20 Lynchburg, VA 24503

Riverside Neighborhood

Estimated Value: $130,000 - $139,344

1 Bed
1 Bath
786 Sq Ft
$213/mo HOA Fee

Last Sold June 02, 2023

Last sale price $130,000 $165 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $1,008/month

5 Days on Market

Highlights

  • Main Floor Bedroom
  • Laundry Room
  • Landscaped
  • Paul Munro Elementary School Rated A-
  • Tile Flooring
  • Forced Air Heating and Cooling System

About This Home

As of June 2023

Great end unit condo, with outside entrance, wonderfully located in the Rivermont Ave area. If you are a buyer or investor looking for a great property - check this out before it's gone! Updated kitchen with built-in over-range microwave, stainless steel appliances and updated bath with walk-in shower. Grab bars located by toilet and in shower. Once level living with external ground floor entrance a plus! Washer and Dryer provided and available in separate utility room with additional unit storage. Quiet living, walkable area, beautiful mature trees on the property. Great chance to land a wonderful property! 24 hours notice to schedule a showing is required due to tenant notification requirements.

Last Agent to Sell the Property

DON MARR

NextHome TwoFourFive License #0225248458 Listed on: 05/10/2023

NextHome TwoFourFive

Last Buyer's Agent

Tamara Dodson

Realty ONE Group Leading Edge License #0225238631

Realty ONE Group Leading Edge

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $935

Year Built

  • Built in 1967

Lot Details

  • Landscaped

HOA Fees

  • $213 Monthly HOA Fees

Home Design

  • Shingle Roof

Interior Spaces

  • 786 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Laundry Room

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Tile
  • Vinyl Plank

Bedrooms and Bathrooms

  • 1 Bedroom
  • Main Floor Bedroom
  • 1 Full Bathroom
  • Bathtub Includes Tile Surround

Home Security

Schools

  • Paul Munro Elementary School
  • Linkhorne Midl Middle School
  • E. C. Glass High School

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 04009020

Community Details

Overview

  • Association fees include exterior maintenance, grounds maintenance, insurance, parking, road maintenance, roof, snow removal, trash, water

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$935

Year Built

Built in 1967

Lot Details

0

HOA Fees

$213 per month

Listing Details

  • AssocFeeOptional: Required
  • Directions: On Rivermont Ave in the Heritage Condominium Complex.. Building B. Entrance on the backside of building B.
  • Internet Providers: Comcast/Xfinity, Verizon
  • Lot Measurement: Acres
  • Lot Sq Ft: 248.00
  • Days On Market: No
  • Property Subtype1: Condominium
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 04009020
  • Year Built: 1967
  • Heating System: Forced Warm Air-Gas
  • Building Stories: Three Or More
  • Laundryroom Dim: 0.000 x 0.000
  • Living Room Dim: 0.000 x 0.000
  • Masterbedroom Area: 168.000000
  • Master Bedroom Dim: 14.000 x 12.000
  • Masterbedroom Len: 14.000
  • Masterbedroom Wid: 12.000
  • Office Dim: 0.000 x 0.000
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement Bathrooms: 1.00
  • Bathrooms Display: 1 (1 0)
  • Lower Floor 1 Bedrooms: 1
  • Broker Approved: Yes
  • Legal Description: HERITAGE CONDOMINIUM, BLDG B, UNIT 20
  • Reciprocal Listing: No
  • Above Grade Finished Sq Ft: 786.00
  • ApplianceConvey: Dishwasher, Microwave, Range-Elec, Refrigerator
  • Has Attic: None
  • Has Basement: Other
  • Flooring: Tile, Vinyl Plank
  • Year Built Exception: 0
  • Family Room: 27x13 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 1
  • Interior Amenities: Cable Available, Ceiling Fan(s), High Speed Data Aval, Main Level Bedroom, Smoke Alarm, Tile Bath(s), Other
  • Dining Kitchen: 9x9 Level: Level 1 Above Grade
  • Laundry: Separate Laundry Rm.
  • Master Bedroom: 14x12 Level: Level 1 Above Grade
  • FamilyRoom Area: 351.000000
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 81.000000
  • 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: Paved Drive, Landscaped

Garage/Parking

  • Garage Dim: 0.000 x 0.000

Utilities

  • Utility Electric: AEP/Appalachian Powr
  • Air Conditioner: Central Electric
  • Sewer: City
  • Hot Water: City
  • Water Heater: Gas

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Includes: Exterior Maintenance, Grounds Maintenance, Insurance, Parking, Road Maintenance, Roof, Snow Removal, Trash, Water
  • HOA: Lynchburg Board of Realtors
  • Association Fee: 213.00

Association/Amenities

  • Entry Level Unit: 20

Schools

  • School District: Lynchburg
  • School District: Lynchburg

Lot Info

  • Lot Sq Ft: 786.00
  • Zoning: R-4

Tax Info

  • Estimated Taxes: 935

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2023
Closed on
May 31, 2023
Sold by
Toscadigo Llc
Bought by
Leigh & Company Llc
Seller's Agent
DON MARR
NextHome TwoFourFive
Buyer's Agent
Tamara Dodson
Realty ONE Group Leading Edge
List Price
$125,000
Sold Price
$130,000
Premium/Discount to List
$5,000
4%
Total Days on Market
5
Views
36
Current Estimated Value
$134,586

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,586
Avg. Annual Appreciation
1.73%

Purchase Details

Closed on
Feb 21, 2022
Sold by
Ironmonger Paula G
Bought by
Toscadigo Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 5, 2020
Closed on
Jun 26, 2020
Sold by
Mcdermott Walter C and Love Elizabeth M
Bought by
Ironmonger Paula G
Seller's Agent
Nikki Bernius
John Stewart Walker, Inc
Buyer's Agent
Chris Johnson
Long & Foster-Forest
List Price
$78,600
Sold Price
$80,500
Premium/Discount to List
$1,900
2.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.96%
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
Leigh & Company Llc $130,000 None Listed On Document
Toscadigo Llc -- Stewart Title Company
Ironmonger Paula G $80,500 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Toscadigo Llc $88,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2023 06/02/23 Sold $130,000 +4.0% $165 / Sq Ft
05/15/2023 05/15/23 Pending -- -- --
05/10/2023 05/10/23 For Sale $125,000 +55.3% $159 / Sq Ft
06/30/2020 06/30/20 Sold $80,500 +2.4% $102 / Sq Ft
06/16/2020 06/16/20 Pending -- -- --
06/05/2020 06/05/20 For Sale $78,600 -- $100 / 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 $975 $109,500 $30,000 $79,500
2023 $975 $109,500 $30,000 $79,500
2022 $867 $84,200 $14,600 $69,600
2021 $935 $84,200 $14,600 $69,600
2020 $872 $78,600 $9,000 $69,600
2019 $872 $78,600 $9,000 $69,600
2018 $835 $75,200 $7,100 $68,100
2017 $835 $75,200 $7,100 $68,100
2016 $835 $75,200 $7,100 $68,100
2015 $835 $75,200 $7,100 $68,100
2014 $835 $79,100 $7,100 $72,000
Source: Public Records

Agents Affiliated with this Home

  • DON MARR

    Seller's Agent in 2023

    DON MARR

    NextHome TwoFourFive

    (434) 215-8178

    2 in this area

    65 Total Sales

    DON MARR
    Section Image

  • T

    Buyer's Agent in 2023

    Tamara Dodson

    Realty ONE Group Leading Edge

    (434) 907-1945

    1 in this area

    89 Total Sales

    Tamara Dodson
    Section Image

  • N

    Seller's Agent in 2020

    Nikki Bernius

    John Stewart Walker, Inc

  • C

    Buyer's Agent in 2020

    Chris Johnson

    Long & Foster-Forest

    (434) 316-6100

    2 in this area

    109 Total Sales

    Chris Johnson
    Section Image
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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 344053

APN: 040-09-020

Virginia Lynchburg City County Lynchburg 24503 Riverside

2940 Rivermont Ave Unit 20, Lynchburg, VA

This home is located at 2940 Rivermont Ave Unit 20, Lynchburg, VA 24503 since 10 May 2023 and is currently estimated at $134,586, approximately $171 per square foot. This property was built in 1967. 2940 Rivermont Ave Unit 20 is a home located in Lynchburg City with nearby schools including Paul Munro Elementary School, Linkhorne Middle School, and E.C. Glass High School.

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