NOT LISTED FOR SALE

316 Atlanta Ave Lynchburg, VA 24502

Estimated Value: $254,000 - $278,000

3 Beds
1 Bath
1,436 Sq Ft
$184/Sq Ft Est. Value

Last Sold February 09, 2023

Last sale price $225,000 $157 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $1,517/month

102 Days on Market

Highlights

  • Ski Accessible
  • Wood Flooring
  • Community Pool
  • 1.5-Story Property
  • Workshop
  • Landscaped

About This Home

As of February 2023

Location! Location, Location!! ZONED R-4, Multifamily. First time on the market, This well maintained 3 Bedroom, 1 Bath home with potential for 2 more bedrooms with rough in bath. Newer carpet, HVAC and roof. Wood burning fireplace! Great for college students being within walking distance of multiple restaurants and shopping centers. You can make this your own home or purchase for investment for multifamily or rental. Most furniture can convey with home. Endless opportunities with this amazing home!

Last Agent to Sell the Property

Cindy Kavana

Lauren Bell Real Estate, Inc. License #0225240133 Listed on: 09/08/2022

Last Buyer's Agent

Joe Ehlinger

RE/MAX 1st Olympic License #0225236462

RE/MAX 1st Olympic

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,200

Year Built

  • Built in 1959

Lot Details

  • 0.42 Acre Lot
  • Landscaped
  • Property is zoned R-4

Home Design

  • 1.5-Story Property
  • Poured Concrete
  • Shingle Roof

Interior Spaces

  • 1,436 Sq Ft Home
  • Fireplace With Glass Doors
  • Drapes & Rods
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wood Under Carpet
  • Carpet
  • Laminate
  • Concrete
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom
  • Bathtub Includes Tile Surround

Laundry

  • Dryer
  • Washer

Attic

  • Storage In Attic
  • Scuttle Attic Hole

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Fireplace in Basement
  • Workshop
  • Laundry in Basement
  • Rough-In Basement Bathroom

Schools

  • Sheffield Elementary School
  • Sandusky Midl Middle School
  • Heritage High School

Utilities

  • Heat Pump System
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • Community Pool
  • Ski Accessible

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,200

Year Built

Built in 1959

Lot Details

0

Listing Details

  • FILLACRES: 0.4170
  • Directions: Wards Road to Atlanta House on Right
  • ElementarySchool7: Sheffield Elem
  • HighSchool7: Heritage High
  • Internet Providers: Shentel
  • Lot Measurement: Acres
  • Lot Sq Ft: 18165.00
  • MiddleSchool7: Sandusky Midl
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • Year Built: 1959
  • Heating System: Heat Pump, Hot Water-Elec
  • Building Stories: One and One Half
  • Dwelling Styles: Ranch
  • Laundryroom Dim: 0.000 x 0.000
  • Living Room Dim: 0.000 x 0.000
  • Masterbedroom Area: 159.330000
  • Master Bedroom Dim: 11.300 x 14.100
  • Masterbedroom Len: 11.300
  • Masterbedroom Wid: 14.100
  • Office Dim: 0.000 x 0.000
  • Other Room1 Area: 251.550000
  • Other Room1 Len: 21.500
  • Other Room2 Area: 277.350000
  • Other Room2 Len: 12.900
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 1.00
  • Bathrooms Display: 1 (1 0)
  • Lower Floor 1 Bedrooms: 3
  • Broker Approved: Yes
  • Legal Description: Southland Acres,SEC 1 LOT 2
  • Reciprocal Listing: No
  • Second Bedroom: 12.90x10.10 Level: Level 2 Above Grade
  • Second Bedroom Area: 130.290000
  • Third Bedroom: 10.10x9.30 Level: Level 2 Above Grade
  • Third Bedroom Area: 93.930000
  • Above Grade Finished Sq Ft: 865.00
  • ApplianceConvey: Dishwasher, Dryer, Microwave, Range-Elec, Refrigerator, Washer
  • Has Attic: Scuttle, Storage Only
  • Has Basement: Exterior Entrance, Finished, Fireplace, Full, Heated, Interior Entrance, Poured Concrete, Roughed in Bath, Walkout, Workshop
  • Breakfast Area: 11.40x10.50 Level: Level 1 Above Grade
  • Flooring: Carpet, Carpet Over Hardwood, Ceramic Tile, Concrete, Hardwood, Laminate
  • Year Built Exception: 0
  • Family Room: 17.20x13 Level: Level 1 Above Grade
  • Fireplace: 1 Fireplace, Glass Doors
  • Level 2 Full Bathrooms: 1
  • Interior Amenities: Cable Available, Drapes, Drywall, High Speed Data Aval, Main Level Den, Smoke Alarm, Tile Bath(s)
  • Dining Kitchen: 11.40x12 Level: Level 1 Above Grade
  • Laundry: Basement, Dryer Connection, Washer Connections
  • Master Bedroom: 11.30x14.10 Level: Level 2 Above Grade
  • Other Room 1: 21.50x11.70 Level: Below Grade
  • Other Room 2: 12.90x21.50 Level: Below Grade
  • Additional Room 1 Description: Office/Bonus
  • Additional Room 2 Description: Office/Den
  • FamilyRoom Area: 223.600000
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 136.800000
  • Est Other Room1 Dim: 21.500 x 11.700
  • Est Other Room2 Dim: 12.900 x 21.500
  • 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: Pool Nearby, Landscaped, Ski Slope Nearby

Garage/Parking

  • Garage Dim: 0.000 x 0.000

Utilities

  • Utility Electric: AEP/Appalachian Powr
  • Air Conditioner: Heat Pump
  • Sewer: City
  • Hot Water: City
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors

Schools

  • School District: Lynchburg
  • School District: Lynchburg

Lot Info

  • Lot Sq Ft: 1436.00
  • Zoning: R-4

Tax Info

  • Estimated Taxes: 1200

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2022
Closed on
Feb 6, 2023
Sold by
Elgin Richard Glenn
Bought by
Braxton Kenneth E
Seller's Agent
Cindy Kavana
Lauren Bell Real Estate, Inc.
Buyer's Agent
Joe Ehlinger
RE/MAX 1st Olympic
List Price
$249,900
Sold Price
$225,000
Premium/Discount to List
-$24,900
-9.96%
Views
34
Current Estimated Value
$264,230

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,230
Avg. Annual Appreciation
3.40%
Original Mortgage
$220,924
Outstanding Balance
$214,932
Interest Rate
6.09%
Mortgage Type
FHA
Estimated Equity
$30,596
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
Braxton Kenneth E $225,000 Commonwealth Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Braxton Kenneth E $220,924
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/09/2023 02/09/23 Sold $225,000 -10.0% $157 / Sq Ft
12/19/2022 12/19/22 Pending -- -- --
09/08/2022 09/08/22 For Sale $249,900 -- $174 / 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 $1,323 $148,600 $27,000 $121,600
2023 $1,323 $148,600 $27,000 $121,600
2022 $988 $95,900 $27,000 $68,900
2021 $1,064 $95,900 $27,000 $68,900
2020 $1,064 $95,900 $27,000 $68,900
2019 $1,064 $95,900 $27,000 $68,900
2018 $1,064 $95,900 $27,000 $68,900
2017 $1,064 $95,900 $27,000 $68,900
2016 $1,064 $95,900 $27,000 $68,900
2015 $1,064 $95,900 $27,000 $68,900
2014 $1,064 $95,900 $27,000 $68,900
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2023

    Cindy Kavana

    Lauren Bell Real Estate, Inc.

    Section Image
  • Joe Ehlinger

    Buyer's Agent in 2023

    Joe Ehlinger

    RE/MAX

    (434) 420-5854

    27 Total Sales

    Joe Ehlinger
    Section Image
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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 340405

APN: 257-04-008

Virginia Lynchburg City County Lynchburg 24502

316 Atlanta Ave, Lynchburg, VA

This home is located at 316 Atlanta Ave, Lynchburg, VA 24502 since 08 September 2022 and is currently estimated at $264,230, approximately $184 per square foot. This property was built in 1959. 316 Atlanta Ave is a home located in Lynchburg City with nearby schools including Sheffield Elementary School, Sandusky Middle School, and Heritage High School.

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