NOT LISTED FOR SALE

3232 Nelson St Lynchburg, VA 24501

Fairview Heights Neighborhood

Estimated Value: $143,790 - $204,000

-- Bed
2 Baths
1,654 Sq Ft
$104/Sq Ft Est. Value

Last Sold June 21, 2019

Last sale price $82,500 $50 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $1,015/month

1 Day on Market

About This Home

As of June 2019

Attention investors! Income producing duplex. Currently rented for $925. Each unit has 2 beds and 1 bath. Washer and dryer hookups. Both have heat pumps.

Last Agent to Sell the Property

Lonnie Maines

BHHS Dawson Ford Garbee-Forest License #0225210435 Listed on: 06/13/2019

Last Buyer's Agent

J Wayne Henson

Century 21 ALL-SERVICE-FOR License #0225160646

Century 21 ALL-SERVICE-FOR

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $976

Year Built

  • Built in 1972

Lot Details

  • 9,757 Sq Ft Lot

Parking

  • 1 Parking Space

Home Design

  • 1,654 Sq Ft Home

Flooring

  • Carpet
  • Vinyl

Schools

  • Wm Bass Elementary School
  • Sandusky Midl Middle School
  • Heritage High School

Utilities

  • Heat Pump System
  • Electric Water Heater

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Water Meters
  • Gross Income $11,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$976

Year Built

Built in 1972

Lot Details

0

Listing Details

  • FILLACRES: 0.2240
  • Directions: Campbell Ave to Maryland Ave to right on Nelson st home on right.
  • ElementarySchool7: WM Bass Elem
  • HighSchool7: Heritage High
  • Lot Measurement: Acres
  • Lot Sq Ft: 9757.00
  • MiddleSchool7: Sandusky Midl
  • Days On Market: No
  • Property Subtype1: Multi-Family
  • Prop. Type: Multi-Family
  • OFFICELIST_STATE: VA
  • Year Built: 1972
  • Heating System: Heat Pump
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Broker Approved: Yes
  • Legal Description: Roseland Park Blk 1 Lot 21
  • Reciprocal Listing: No
  • Street Number Modifier: 3234
  • Flooring: Carpet, Vinyl
  • Year Built Exception: 0
  • Walls: Drywall

Garage/Parking

  • Parking: 1 Space/Unit

Utilities

  • Utility Electric: American Electric
  • Cooling: Heat Pump
  • Sewer: City
  • Hot Water: City
  • Water Heater: Electric
  • Number Of Water Meters: 2

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors

Schools

  • School District: Lynchburg
  • School District: Lynchburg

Lot Info

  • Lot Sq Ft: 1654.00

Rental Info

  • Types Of Leases: Month to Month

Tax Info

  • Estimated Taxes: 976

Multi Family

  • Annual Gross Income: 11100.00
  • Total Number Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 27, 2021
Sold by
Henson Jerry Wayne and Burton Sheilia L
Bought by
Fobi Llc
Current Estimated Value
$171,448

Purchase Details

Closed on
Feb 25, 2020
Sold by
Fobi Llc
Bought by
Henson Jerry W and Burton Sheila L

Purchase Details

Listed on
Jun 13, 2019
Closed on
Jun 21, 2019
Sold by
Reedy Creek Properties Llc
Bought by
Fobi Llc
Seller's Agent
Lonnie Maines
BHHS Dawson Ford Garbee-Forest
Buyer's Agent
J Wayne Henson
Century 21 ALL-SERVICE-FOR
List Price
$90,000
Sold Price
$82,500
Premium/Discount to List
-$7,500
-8.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.60%

Purchase Details

Closed on
Aug 11, 2015
Sold by
Bateman Brenda J
Bought by
Selman Thomas W

Purchase Details

Closed on
Jan 28, 2005
Sold by
Bateman Nils I and Bateman Brenda J
Bought by
Nils Bateman & Brenda Bateman Ab Living
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Fobi Llc -- None Available
Henson Jerry W -- None Available
Fobi Llc $82,500 Fidelity National Title
Selman Thomas W -- None Available
Nils Bateman & Brenda Bateman Ab Living -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2019 06/21/19 Sold $82,500 -8.3% $50 / Sq Ft
06/14/2019 06/14/19 Pending -- -- --
06/13/2019 06/13/19 For Sale $90,000 +32.4% $54 / Sq Ft
01/04/2017 01/04/17 Sold $68,000 -22.3% $41 / Sq Ft
11/03/2016 11/03/16 Pending -- -- --
02/08/2016 02/08/16 For Sale $87,500 -- $53 / 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 $911 $102,400 $12,000 $90,400
2023 $911 $102,400 $12,000 $90,400
2022 $950 $92,200 $7,500 $84,700
2021 $1,023 $92,200 $7,500 $84,700
2020 $976 $87,900 $7,500 $80,400
2019 $976 $87,900 $7,500 $80,400
2018 $976 $87,900 $7,500 $80,400
2017 $976 $87,900 $7,500 $80,400
2016 $976 $87,900 $7,500 $80,400
2015 $976 $89,600 $4,600 $85,000
2014 $995 $89,600 $4,600 $85,000
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2019

    Lonnie Maines

    BHHS Dawson Ford Garbee-Forest

  • J

    Buyer's Agent in 2019

    J Wayne Henson

    Century 21 ALL-SERVICE-FOR

    (434) 401-1415

    13 Total Sales

    Section Image

  • L

    Seller's Agent in 2017

    Leighton Robertson

    Coldwell Banker Forehand & Co.

  • Stacy Powell

    Buyer's Agent in 2017

    Stacy Powell

    Keller Williams

    (434) 444-1983

    19 in this area

    419 Total Sales

    Section Image
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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 319199

APN: 110-01-021

Virginia Lynchburg City County Lynchburg 24501 Fairview Heights

3232 Nelson St, Lynchburg, VA

This home is located at 3232 Nelson St, Lynchburg, VA 24501 since 13 June 2019 and is currently estimated at $171,448, approximately $103 per square foot. This property was built in 1972. 3232 Nelson St is a home located in Lynchburg City with nearby schools including William M. Bass Elementary School, Sandusky Middle School, and Heritage High School.

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