$80,500
SOLD JUN 30, 2020

2940 Rivermont Ave Unit 20 Lynchburg, VA 24503

Riverside Neighborhood
1 Bed
1 Bath
786 Sq Ft
$182/mo HOA Fee

Recently Sold

$102 Per Sq Ft

2% Above List Price

11 Days on Market

Highlights

  • Laundry Room
  • 1-Story Property
  • Forced Air Heating and Cooling System
  • Paul Munro Elementary School Rated A-
  • Landscaped
  • Carpet

About This Home

As of June 2023

Great Price for location. The bathroom has been completely renovated. All on one level. Ground floor entrance. Washer and Dryer hook up in separate utility room with additional storage.

Last Agent to Sell the Property

Nikki Bernius

John Stewart Walker, Inc License #0225223746 Listed on: 06/05/2020

Last Buyer's Agent

Chris Johnson

Long & Foster-Forest License #0225191124

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $869

Year Built

  • Built in 1967

Lot Details

  • Landscaped

HOA Fees

  • $182 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Shingle Roof
  • Plaster

Interior Spaces

  • 786 Sq Ft Home
  • 1-Story Property
  • Carpet
  • Laundry Room

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • Association fees include road maintenance

Listing and Financial Details

  • Assessor Parcel Number 04009020

Property Details

Home Type

Condominium

Est. Annual Taxes

$869

Year Built

Built in 1967

Lot Details

0

HOA Fees

$182 per month

Listing Details

  • AssocFeeOptional: Required
  • BuildingOnProperty: Other
  • Directions: On Rivermont in the Heritage Condominium complex
  • ElementarySchool7: Paul Munro Elem
  • HighSchool7: E. C. Glass High
  • Internet Providers: Verizon, Comcast/Xfinity
  • Lot Measurement: Acres
  • MiddleSchool7: Linkhorne Midl
  • 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: One
  • 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, Range-Elec, Refrigerator
  • Has Attic: None
  • Has Basement: Slab
  • Flooring: Carpet
  • Year Built Exception: 0
  • Family Room: 27x13 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 1
  • Interior Amenities: Plaster
  • 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: 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: Electric

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Includes: Road Maintenance
  • HOA: Lynchburg Board of Realtors
  • Association Fee: 182.00

Association/Amenities

  • Entry Level Unit: 20

Schools

  • School District: Lynchburg
  • School District: Lynchburg

Lot Info

  • Lot Sq Ft: 786.00
  • Zoning: R4

Tax Info

  • Estimated Taxes: 869

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%
Views
36
Current Estimated Value
$137,809

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,809
Avg. Annual Appreciation
1.55%

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
10.45%
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 Type Sale Price Title Company
Bargain Sale Deed $130,000 None Listed On Document
Gift Deed -- Stewart Title Company
Deed $80,500 First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $88,000 New Conventional
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

    71 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

    81 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

    Section Image
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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 325351

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 and is currently priced at $80,500, approximately $102 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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