NOT LISTED FOR SALE

3216 Forest Brook Rd Lynchburg, VA 24501

-- Bed
-- Bath
-- Sq Ft
0.56 Acres

Last Sold December 20, 2021

Last sale price $276,000

6 Days on Market

About This Home

As of December 2021

Investors dream! Six apartments, several long-term renters, apartment number four does need rehab work. Across the street from Walmart , on the bus line, just does not get any better!! I brick exterior off street parking for everyone. Extra storage, all units have washer, dryer hookups on lower level.

Last Agent to Sell the Property

Doris Brammer

John Stewart Walker, Inc License #0225206078 Listed on: 11/16/2021

Last Buyer's Agent

Nicholas Falwell

DeWitt Real Estate & Auctions License #0225249841

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,204

Year Built

  • Built in 1976

Lot Details

  • 0.56 Acre Lot

Flooring

  • Carpet
  • Vinyl

Parking

  • Parking Lot
  • Off-Street Parking

Schools

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

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heat Pump System
  • Electric Baseboard Heater
  • Heating System Mounted To A Wall or Window
  • Electric Water Heater

Community Details

Overview

  • 6 Units
  • Forest Brook Hills Subdivision

Building Details

  • Electric Expense $485
  • Insurance Expense $1,626
  • Maintenance Expense $6,338
  • Water Sewer Expense $1,315
  • New Taxes Expense $2,204
  • Gross Income $38,460

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,204

Year Built

Built in 1976

Lot Details

0

Listing Details

  • FILLACRES: 0.5600
  • Directions: Old Forest Road to Forest Brook Road property on the right
  • ElementarySchool7: Linkhorne Elem
  • HighSchool7: E. C. Glass High
  • Internet Providers: Comcast/Xfinity
  • Lot Measurement: Acres
  • Lot Sq Ft: 24394.00
  • MiddleSchool7: Linkhorne Midl
  • Days On Market: No
  • Property Subtype1: Multi-Family
  • Prop. Type: Multi-Family
  • OFFICELIST_STATE: VA
  • Year Built: 1976
  • Heating System: Electric Baseboard, Heat Pump, Wall/Space Unit
  • Unit Info Number Unfurnished Units: 6
  • Taxes Expense: 2204.00
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Broker Approved: Yes
  • Legal Description: Forest Brook Hills Lot 1 Wood and Schewel, Lot2
  • Reciprocal Listing: No
  • Flooring: Carpet, Vinyl
  • Year Built Exception: 0
  • Walls: Drywall

Garage/Parking

  • Parking: Off Street Parking, Parking Lot

Utilities

  • Utility Electric: American Electric
  • Cooling: Heat Pump, Wall Unit(s)
  • Sewer: City
  • Hot Water: City
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors
  • Subdivision Complex: Forest Brook Hills

Fee Information

  • Insurance Expenses: 1626.00

Schools

  • School District: Lynchburg
  • School District: Lynchburg

Lot Info

  • Zoning: R4

Rental Info

  • Types Of Leases: Month to Month

Tax Info

  • Estimated Taxes: 2204

Multi Family

  • Annual Gross Income: 38460.00
  • Electric Expense: 485.22
  • Maintenance Expense: 6338.00
  • Total Number Units: 6
  • Water Expense: 1315.00

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

Property History

Date Event Price Change Sq Ft Price
12/20/2021 12/20/21 Sold $276,000 +20.5% --
11/22/2021 11/22/21 Pending -- -- --
11/16/2021 11/16/21 For Sale $229,000 -- --
Source: Lynchburg Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2021

    Doris Brammer

    John Stewart Walker, Inc

    Section Image

  • N

    Buyer's Agent in 2021

    Nicholas Falwell

    DeWitt Real Estate & Auctions

    (434) 851-5696

    31 Total Sales

    Section Image
See All Agents

Map

Source: Lynchburg Association of REALTORS®

MLS Number: 335263

APN: 220 16 005

Virginia Lynchburg City County Lynchburg 24501

3216 Forest Brook Rd, Lynchburg, VA

This home is located at 3216 Forest Brook Rd, Lynchburg, VA 24501 since 16 November 2021. This property was built in 1976. 3216 Forest Brook Rd is a home located in Lynchburg City with nearby schools including Linkhorne Elementary School, Linkhorne Middle School, and E.C. Glass High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed to be reliable but not guaranteed.

Nearby Homes