NOT LISTED FOR SALE

3480 Richmond St Lynchburg, VA 24501

Westend Neighborhood

Estimated Value: $120,000 - $148,671

2 Beds
1 Bath
624 Sq Ft
$219/Sq Ft Est. Value

Last Sold October 07, 2016

Last sale price $55,000 $88 Per Sq Ft

Est. 149% increase in value since last sale

Current estimated payment $795/month

333 Days on Market

Highlights

  • Wood Flooring
  • Bungalow
  • Forced Air Heating System
  • Fenced Yard
  • 1-Story Property
  • Ceiling Fan

About This Home

As of October 2016

HUGE PRICE REDUCTION!! Cute, cute, cute bungalow! Gleaming hardwood floors, just refinished, and fresh paint! New energy efficient heat pump with gas back-up for REALLY great heat in the winter. Super low energy costs. Heat pump is from 2014 and was just serviced. Nice front porch to sit on and enjoy the beautiful weather. Fenced in back yard complete with a nice sized deck, perfect for grilling. Main level laundry and seller will install a new washer and dryer prior to closing with acceptable offer. The stove/range was new in 2014. Plenty of storage with unfinished basement and stairs to attic. Off-street parking. Convenient location and close to bus line. Also, you can be anywhere in Lynchburg in about 15 minutes. Great little house for investment, college students, young couple, or someone looking to downsize.

Last Agent to Sell the Property

Jeremy Phillips

BHHS Dawson Ford Garbee-Forest License #0225211875 Listed on: 09/28/2015

Last Buyer's Agent

Jeremy Phillips

BHHS Dawson Ford Garbee-Forest License #0225211875 Listed on: 09/28/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $737

Year Built

  • Built in 1930

Lot Details

  • 6,403 Sq Ft Lot
  • Fenced Yard
  • Property is zoned R-2

Home Design

  • Bungalow
  • Shingle Roof
  • Plaster

Interior Spaces

  • 624 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan

Kitchen

  • Self-Cleaning Oven
  • Gas Range

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Attic

  • Storage In Attic
  • Walkup Attic

Basement

  • Walk-Out Basement
  • Partial Basement
  • Interior and Exterior Basement Entry
  • Laundry in Basement

Schools

  • Tc Miller Elementary School
  • Pl Dunbar Midl Middle School
  • E. C. Glass High School

Utilities

  • Forced Air Heating System
  • Heat Pump System
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 03001093

Home Details

Home Type

Single Family

Est. Annual Taxes

$737

Year Built

Built in 1930

Lot Details

0

Listing Details

  • FILLACRES: 0.1470
  • Directions: From the stop light at Sussex, Thomas Rd, Langhorne Ln, and Richmond. Turn down Richmond to house on right. Or Lakeside Dr, to Oakley Ave, to Richmond St, to home on left. Or Memorial Ave, to Oakley, to Richmond St, to home on left.
  • ElementarySchool7: TC Miller Elem
  • HighSchool7: E. C. Glass High
  • Lot Measurement: Acres
  • Lot Sq Ft: 6403.00
  • MiddleSchool7: PL Dunbar Midl
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 03001093
  • Year Built: 1930
  • Heating System: Forced Warm Air-Gas, Heat Pump
  • Building Stories: One
  • Dwelling Styles: Bungalow
  • Laundryroom Dim: 6.000 x 6.000
  • Laundryroom Len: 6.000
  • Living Room Dim: 12.000 x 11.000
  • Livingroom Len: 12.000
  • Livingroom Wid: 11.000
  • Masterbedroom Area: 121.000000
  • Master Bedroom Dim: 11.000 x 11.000
  • Masterbedroom Len: 11.000
  • Masterbedroom Wid: 11.000
  • Office Dim: 0.000 x 0.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 1.00
  • Bathrooms Display: 1 (1 0)
  • Lower Floor 1 Bedrooms: 2
  • Broker Approved: Yes
  • Legal Description: WEST LYNCHBURG, SEC 2, BLK 16, LOT 26
  • Reciprocal Listing: No
  • Second Bedroom: 7x10 Level: Level 1 Above Grade
  • Second Bedroom Area: 70.000000
  • Above Grade Finished Sq Ft: 624.00
  • ApplianceConvey: Dryer, Range-Gas, Refrigerator, Self Cleaning Oven, Washer
  • Has Attic: Storage Only, Walk-Up Stairs
  • Has Basement: Exterior Entrance, Interior Entrance, Partial, Walkout
  • Flooring: Vinyl, Wood
  • Year Built Exception: 0
  • Deck: 10x14 Level: Level 1 Above Grade
  • Formal Dining: 7x16 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 1
  • Interior Amenities: Ceiling Fan(s), Main Level Bedroom, Plaster
  • Dining Kitchen: 7x10 Level: Level 1 Above Grade
  • Laundry: Basement, Dryer Connection, Main Level, Washer Connections
  • Laundry Room: 6x6 Level: Level 1 Above Grade
  • Living Room: 12x11 Level: Level 1 Above Grade
  • Master Bedroom: 11x11 Level: Level 1 Above Grade
  • Porch: 6x19 Level: Level 1 Above Grade
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 70.000000
  • Laundry Room Area: 36.000000
  • LivingRoom Area: 132.000000
  • Est Other Room1 Dim: 0.000 x 0.000
  • 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: Fenced Yard

Garage/Parking

  • Garage Dim: 0.000 x 0.000

Utilities

  • Air Conditioner: Heat Pump
  • Sewer: City
  • Hot Water: City
  • Water Heater: Gas

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors

Schools

  • School District: Lynchburg
  • School District: Lynchburg

Lot Info

  • Lot Sq Ft: 624.00
  • Zoning: R-2

Tax Info

  • Estimated Taxes: 737

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2015
Closed on
Sep 3, 2016
Sold by
Wills Edwin Blackard and Zook Martha Gene Wills
Bought by
Bishop Julia Ann
Seller's Agent
Jeremy Phillips
BHHS Dawson Ford Garbee-Forest
Buyer's Agent
Jeremy Phillips
BHHS Dawson Ford Garbee-Forest
List Price
$69,900
Sold Price
$55,000
Premium/Discount to List
-$14,900
-21.32%
Current Estimated Value
$136,918

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,918
Avg. Annual Appreciation
11.30%
Original Mortgage
$44,000
Outstanding Balance
$35,806
Interest Rate
3.43%
Mortgage Type
New Conventional
Estimated Equity
$107,467
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
Bishop Julia Ann $55,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bishop Julia Ann $44,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2016 10/07/16 Sold $55,000 -21.3% $88 / Sq Ft
08/26/2016 08/26/16 Pending -- -- --
09/28/2015 09/28/15 For Sale $69,900 -- $112 / 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 $779 $87,500 $24,000 $63,500
2023 $779 $87,500 $24,000 $63,500
2022 $715 $69,400 $18,000 $51,400
2021 $770 $69,400 $18,000 $51,400
2020 $771 $69,500 $16,000 $53,500
2019 $771 $69,500 $16,000 $53,500
2018 $737 $66,400 $14,000 $52,400
2017 $737 $66,400 $14,000 $52,400
2016 $737 $66,400 $14,000 $52,400
2015 $369 $66,400 $14,000 $52,400
2014 $184 $66,400 $14,000 $52,400
Source: Public Records

Agents Affiliated with this Home

  • Jeremy Phillips

    Seller's Agent in 2016

    Jeremy Phillips

    BHHS Dawson Ford Garbee-Forest

    (434) 221-8196

    5 in this area

    172 Total Sales

    Jeremy Phillips
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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 294680

APN: 030-01-093

Virginia Lynchburg City County Lynchburg 24501 Westend

3480 Richmond St, Lynchburg, VA

This home is located at 3480 Richmond St, Lynchburg, VA 24501 since 28 September 2015 and is currently estimated at $136,918, approximately $219 per square foot. This property was built in 1930. 3480 Richmond St is a home located in Lynchburg City with nearby schools including T.C. Miller Elementary School for Innovation, Paul Laurence Dunbar Mid. for Innov., and E.C. Glass High School.

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