$82,500
SOLD JUN 21, 2019

3232 Nelson St Lynchburg, VA 24501

Fairview Heights Neighborhood
-- Bed
-- Bath
1,654 Sq Ft
9,757 Sq Ft Lot

Recently Sold

$50 Per Sq Ft

8% Below List Price

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 Type Sale Price Title Company
Deed -- None Available
Deed -- None Available
Deed $82,500 Fidelity National Title
Deed -- None Available
Interfamily Deed Transfer -- 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 and is currently priced at $82,500, approximately $49 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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