NOT LISTED FOR SALE

2940 Rivermont Ave Unit 29 Lynchburg, VA 24503

Riverside Neighborhood

Estimated Value: $243,000 - $271,000

3 Beds
2 Baths
1,629 Sq Ft
$306/mo HOA Fee

Last Sold March 18, 2016

Last sale price $152,500 $94 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $1,858/month

172 Days on Market

Highlights

  • Formal Dining Room
  • Double Oven
  • Tile Flooring
  • Paul Munro Elementary School Rated A-
  • Walk-In Closet
  • En-Suite Primary Bedroom

About This Home

As of March 2016

All one floor living on the Avenue. Most of the walls in this home have been recently painted ( dec 2015)and is in move in condition. This is a very desirable first floor condo in a quiet location in the rear of the complex. Large living room with fireplace flanked by bookcases. Formal dining room with glass doors to a very pleasant sunroom. The sunroom has a staircase that leads you to the backyard. Kitchen is large with lots of countertops and sunny bay window in the breakfast area. THREE bedrooms and 2 full baths. Master boosts walk in tile shower. Lots of storage and closets. All one floor living at it's best off of Rivermont. Walk to shops and fine dining. Easy living at a great price.

Last Agent to Sell the Property

Jane Blickenstaff

Blickenstaff & Company, Realto License #0225079026 Listed on: 09/24/2015

Last Buyer's Agent

Doris Brammer

John Stewart Walker, Inc License #0225206078

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,693

Year Built

  • Built in 1983

Lot Details

  • Landscaped
  • Garden

HOA Fees

  • $306 Monthly HOA Fees

Home Design

  • Shingle Roof

Interior Spaces

  • 1,629 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Laundry in Basement
  • Attic Access Panel

Kitchen

  • Double Oven
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Association fees include exterior maintenance, grounds maintenance, neighborhood lights, snow removal, trash, sewer, water

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,693

Year Built

Built in 1983

Lot Details

0

HOA Fees

$306 per month

Listing Details

  • FILLACRES: 0.0120
  • Directions: Rivermont Ave to Heritage Condominiums - Unit #29
  • ElementarySchool7: Paul Munro Elem
  • HighSchool7: E. C. Glass High
  • Lot Measurement: Acres
  • Lot Sq Ft: 523.00
  • MiddleSchool7: Linkhorne Midl
  • Days On Market: No
  • Property Subtype1: Condominium
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • Year Built: 1983
  • Heating System: Forced Warm Air-Gas
  • Building Stories: One
  • Foyer Area: 35.000000
  • Laundryroom Dim: 0.000 x 0.000
  • Living Room Dim: 15.000 x 19.000
  • Livingroom Len: 15.000
  • Livingroom Wid: 19.000
  • Masterbedroom Area: 195.000000
  • Master Bedroom Dim: 15.000 x 13.000
  • Masterbedroom Len: 15.000
  • Masterbedroom Wid: 13.000
  • Office Dim: 0.000 x 0.000
  • Sun Room Len: 8.000
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement Bathrooms: 2.00
  • Bathrooms Display: 2 (2 0)
  • Lower Floor 1 Bedrooms: 3
  • Broker Approved: Yes
  • Legal Description: Heritage Condominium, BLDG F, UNIT 29
  • Reciprocal Listing: No
  • Second Bedroom: 15x12 Level: Level 1 Above Grade
  • Second Bedroom Area: 180.000000
  • Third Bedroom: 13x12 Level: Level 1 Above Grade
  • Third Bedroom Area: 156.000000
  • Above Grade Finished Sq Ft: 1629.00
  • ApplianceConvey: Dishwasher, Double Oven, Microwave, Range-Elec
  • Has Attic: Access
  • Has Basement: Other
  • Flooring: Carpet, Tile, Vinyl
  • Year Built Exception: 0
  • Fireplace: 1 Fireplace, Living Room, Wood Burning
  • Formal Dining: 14x13 Level: Level 1 Above Grade
  • Foyer: 5x7 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 2
  • Interior Amenities: Cable Available, Cable Connections, Main Level Bedroom, Master Bed w/ Bath, Pantry, Separate Dining Room, Walk-In Closet(s)
  • Dining Kitchen: 12x14 Level: Level 1 Above Grade
  • Laundry: Basement
  • Living Room: 15x19 Level: Level 1 Above Grade
  • Master Bedroom: 15x13 Level: Level 1 Above Grade
  • Sun Room: 8x12 Level: Level 1 Above Grade
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 168.000000
  • LivingRoom Area: 285.000000
  • 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
  • Sun Room Area: 96.000000
  • Sunroom Dim: 8.000 x 12.000

Exterior Features

  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: Garden Space, Landscaped, Insulated Glass

Garage/Parking

  • Garage Dim: 0.000 x 0.000

Utilities

  • Air Conditioner: Central Electric
  • Sewer: City
  • Hot Water: City
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Includes: Exterior Maintenance, Grounds Maintenance, Neighborhood Lights, Snow Removal, Trash, Sewer, Water
  • HOA: Lynchburg Board of Realtors
  • Association Fee: 306.00

Association/Amenities

  • Entry Level Unit: 29

Schools

  • School District: Lynchburg
  • School District: Lynchburg

Lot Info

  • Lot Sq Ft: 1629.00

Tax Info

  • Estimated Taxes: 1693

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2015
Closed on
Mar 15, 2016
Sold by
Gay Prescott H
Bought by
Hancock Elizabeth Wood and Hancock Edward Harrison
Seller's Agent
Jane Blickenstaff
Blickenstaff & Company, Realto
Buyer's Agent
Doris Brammer
John Stewart Walker, Inc
List Price
$159,900
Sold Price
$152,500
Premium/Discount to List
-$7,400
-4.63%
Current Estimated Value
$257,803

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,303
Avg. Annual Appreciation
5.57%
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Hancock Elizabeth Wood $152,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hancock Elizabeth Wood $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2016 03/18/16 Sold $152,500 -4.6% $94 / Sq Ft
03/14/2016 03/14/16 Pending -- -- --
09/24/2015 09/24/15 For Sale $159,900 -- $98 / 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 $1,892 $212,600 $36,000 $176,600
2023 $1,892 $212,600 $36,000 $176,600
2022 $1,701 $165,100 $18,500 $146,600
2021 $1,833 $165,100 $18,500 $146,600
2020 $1,769 $159,400 $18,500 $140,900
2019 $1,769 $159,400 $18,500 $140,900
2018 $1,693 $152,500 $14,600 $137,900
2017 $1,693 $152,500 $14,600 $137,900
2016 $1,693 $152,500 $14,600 $137,900
2015 $1,693 $152,500 $14,600 $137,900
2014 $1,693 $160,800 $14,600 $146,200
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Lynchburg Association of REALTORS®

MLS Number: 294628

APN: 040-09-029