NOT LISTED FOR SALE

318 Myrtle Ln Altavista, VA 24517

Estimated Value: $361,000 - $380,708

4 Beds
2 Baths
2,521 Sq Ft
$146/Sq Ft Est. Value

Last Sold October 08, 2018

Last sale price $224,900 $89 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $2,129/month

2 Days on Market

Highlights

  • Wood Flooring
  • Tennis Courts
  • Walk-In Closet
  • Main Floor Bedroom
  • Formal Dining Room
  • Bungalow

About This Home

As of October 2018

Rare opportunity to own an historic Altavista home. This 1920 American Craftsman Bungalow was built by Uncle Billy Lane and is located in one of Altavista's most desirable neighborhoods. Sellers are second owners and have lovingly restored and maintained this beautiful house. It is modern and updated, but many of the original features are still present such as two clawfoot tubs-both have been reglazed; coffered ceiling in the living and dining room; and hardwood floors throughout. Master bedroom and bedroom #2 have 3 walk-in closets each. Bedroom sq. footage does not include 6'x 6' alcove space. 4th bedroom could also be a den or office. Basement man-cave and space for a workshop. New roof and replaced sewer line from house to street in 2015.

Last Agent to Sell the Property

Marie Mitchell

Karl Miller Realty LLC License #0225086145 Listed on: 08/14/2018

Last Buyer's Agent

Ann Shortt

Shortt Auction & Realty License #0225149898

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $700

Year Built

  • Built in 1920

Lot Details

  • 0.66 Acre Lot
  • Landscaped

Home Design

  • Bungalow
  • Shingle Roof

Interior Spaces

  • 2,521 Sq Ft Home
  • 2-Story Property
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Partial Basement
  • Scuttle Attic Hole

Kitchen

  • Gas Range
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Schools

  • Altavista Elementary School
  • Altavista Combined Middle School
  • Altavista Combined High School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater

Community Details

  • Tennis Courts

Listing and Financial Details

  • Assessor Parcel Number 83A11657

Home Details

Home Type

Single Family

Est. Annual Taxes

$700

Year Built

Built in 1920

Lot Details

0

Listing Details

  • FILLACRES: 0.6600
  • Directions: From Lynchburg: Rt. 29 South to Altavista. 4th exit for Leesville/Rt. 43; left onto Bedford Avenue. Right on Myrtle Lane to house on the right.
  • ElementarySchool4: Altavista Elem
  • HighSchool4: Altavista Combined
  • Internet Providers: Satellite, Comcast/Xfinity
  • Lot Measurement: Acres
  • Lot Sq Ft: 28750.00
  • MiddleSchool4: Altavista Combined
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 83A11657
  • Year Built: 1920
  • Heating System: Forced Warm Air-Gas, Heat Pump
  • Building Stories: Two
  • Dwelling Styles: Bungalow
  • Laundryroom Dim: 0.000 x 0.000
  • Living Room Dim: 20.900 x 13.600
  • Livingroom Len: 20.900
  • Livingroom Wid: 13.600
  • Masterbedroom Area: 220.719000
  • Master Bedroom Dim: 17.110 x 12.900
  • Masterbedroom Len: 17.110
  • Masterbedroom Wid: 12.900
  • Office Dim: 0.000 x 0.000
  • Other Room1 Area: 42.560000
  • Other Room1 Len: 5.600
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 2.00
  • Bathrooms Display: 2 (2 0)
  • Lower Floor 1 Bedrooms: 4
  • Broker Approved: Yes
  • Legal Description: LOT 7 BK 65
  • Reciprocal Listing: No
  • Second Bedroom: 17.11x12.90 Level: Level 2 Above Grade
  • Second Bedroom Area: 220.719000
  • Third Bedroom: 13.20x11.60 Level: Level 2 Above Grade
  • Third Bedroom Area: 153.120000
  • Fourth Bedroom: 12.40x11.80 Level: Level 1 Above Grade
  • Fourth Bedroom Area: 146.320000
  • Above Grade Finished Sq Ft: 2271.00
  • ApplianceConvey: Dishwasher, Range-Gas
  • Has Attic: Scuttle
  • Has Basement: Partial
  • Breakfast Area: 11.10x13.10 Level: Level 1 Above Grade
  • Flooring: Ceramic Tile, Hardwood
  • Year Built Exception: 0
  • Deck: 24x16 Level: Level 1 Above Grade
  • Fireplace: 1 Fireplace, Gas Log, Living Room
  • Formal Dining: 15.70x13.60 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 1
  • Level 2 Full Bathrooms: 1
  • Interior Amenities: Main Level Bedroom, Separate Dining Room, Walk-In Closet(s)
  • Dining Kitchen: 11.11x10.40 Level: Level 1 Above Grade
  • Laundry: Dryer Connection, Laundry Closet, Main Level, Washer Connections
  • Living Room: 20.90x13.60 Level: Level 1 Above Grade
  • Master Bedroom: 17.11x12.90 Level: Level 2 Above Grade
  • Other Room 1: 5.60x7.60 Level: Level 1 Above Grade
  • Porch: 38x10 Level: Level 1 Above Grade
  • Screened Porch: 14x8 Level: Level 1 Above Grade
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 115.544000
  • LivingRoom Area: 284.240000
  • Est Other Room1 Dim: 5.600 x 7.600
  • 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, Tennis Courts Nearby

Garage/Parking

  • Garage Dim: 0.000 x 0.000

Utilities

  • Utility Electric: Dominion Energy
  • Air Conditioner: Central Gas, Heat Pump
  • Sewer: City
  • Hot Water: City
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors

Schools

  • School District: Campbell
  • School District: Campbell

Lot Info

  • Lot Sq Ft: 2521.00

Tax Info

  • Estimated Taxes: 700

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2018
Closed on
Oct 4, 2018
Sold by
Brumfield Christopher C and Brumfield Michele K
Bought by
Merricks Thomas E and Merricks Patricia H
Seller's Agent
Marie Mitchell
Karl Miller Realty LLC
Buyer's Agent
Ann Shortt
Shortt Auction & Realty
List Price
$224,900
Sold Price
$224,900
Current Estimated Value
$368,427

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$143,527
Avg. Annual Appreciation
7.33%
Original Mortgage
$220,825
Interest Rate
4.5%
Mortgage Type
FHA
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
Merricks Thomas E $224,900 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Merricks Thomas E $219,345
Closed Merricks Thomas E $221,126
Closed Merricks Thomas E $220,808
Closed Merricks Thomas E $220,825
Previous Owner Brumfield Christopher C $123,000
Previous Owner Brumfield Christopher C $62,400
Previous Owner Brumfield Christopher C $179,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/08/2018 10/08/18 Sold $224,900 0.0% $89 / Sq Ft
08/16/2018 08/16/18 Pending -- -- --
08/14/2018 08/14/18 For Sale $224,900 -- $89 / 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
2025 $1,646 $365,700 $30,000 $335,700
2024 $1,646 $365,700 $30,000 $335,700
2023 $1,646 $365,700 $30,000 $335,700
2022 $1,233 $109,900 $30,000 $79,900
2021 $1,233 $109,900 $30,000 $79,900
2020 $664 $109,900 $30,000 $79,900
2019 $571 $109,900 $30,000 $79,900
2018 $623 $119,900 $30,000 $89,900
2017 $623 $119,900 $30,000 $89,900
2016 $623 $119,900 $30,000 $89,900
2015 -- $119,900 $30,000 $89,900
2014 -- $122,700 $30,000 $92,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 313700

APN: 83A-11-65-7