NOT LISTED FOR SALE

3501 Fort Ave Unit 5 Lynchburg, VA 24501

Miller Park Neighborhood

Estimated Value: $116,000 - $138,000

2 Beds
1.5 Baths
976 Sq Ft
$131/Sq Ft Est. Value

Last Sold January 07, 2021

Last sale price $60,000 $61 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $918/month

28 Days on Market

About This Home

As of January 2021

Attention investors!!!! 3 units bundled together for one price!! Units 4, 5, and 16. 2 units are currently rented and one is vacant. Photos are of unit 5. ***Updated to reflect for unit 5 instead of bundle***

Last Agent to Sell the Property

Bethany Colbert

Raven Realty LLC License #0225239194 Listed on: 10/07/2020

Last Buyer's Agent

Sheena Frost

eXp Realty LLC-Fredericksburg License #0225233082

eXp Realty LLC-Fredericksburg

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $575

Year Built

  • Built in 1979

Lot Details

  • 915 Sq Ft Lot

HOA Fees

  • $150 Monthly HOA Fees

Home Design

  • Shingle Roof

Interior Spaces

  • 976 Sq Ft Home
  • 2-Story Property
  • Crawl Space
  • Attic Access Panel

Kitchen

  • Gas Range
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater

Community Details

  • Association fees include exterior maintenance, grounds maintenance, neighborhood lights, parking, sewer, snow removal, trash, water

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$575

Year Built

Built in 1979

Lot Details

0

HOA Fees

$150 per month

Listing Details

  • AssocFeeOptional: Required
  • Directions: Fort Ave towards Memorial. Keep right at the fork. Townhouses on the left hand side
  • Lot Measurement: Acres
  • Lot Sq Ft: 915.00
  • Days On Market: No
  • Property Subtype1: Townhouse
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • Year Built: 1979
  • Heating System: Forced Warm Air-Gas
  • Building Stories: Two
  • Laundryroom Dim: 0.000 x 0.000
  • Living Room Dim: 18.000 x 12.000
  • Livingroom Len: 18.000
  • Livingroom Wid: 12.000
  • Masterbedroom Area: 143.000000
  • Master Bedroom Dim: 13.000 x 11.000
  • Masterbedroom Len: 13.000
  • Masterbedroom Wid: 11.000
  • Office Dim: 0.000 x 0.000
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Basement Bathrooms: 2.00
  • Bathrooms Display: 2 (1 1)
  • Lower Floor 1 Bedrooms: 2
  • Broker Approved: Yes
  • Legal Description: Rutherford Townhouses, Lot 24
  • Reciprocal Listing: No
  • Second Bedroom: 12x12 Level: Level 2 Above Grade
  • Second Bedroom Area: 144.000000
  • Above Grade Finished Sq Ft: 976.00
  • ApplianceConvey: Dishwasher, Dryer, Range-Gas, Refrigerator, Washer
  • Has Attic: Access
  • Has Basement: Crawl Space
  • Flooring: Carpet, Laminate, Vinyl
  • Year Built Exception: 0
  • Deck: 13x9 Level: Level 1 Above Grade
  • Level 2 Full Bathrooms: 1
  • First Level Half Bathrooms: 1
  • Interior Amenities: Main Level Den
  • Dining Kitchen: 15x8 Level: Level 1 Above Grade
  • Laundry: Main Level
  • Living Room: 18x12 Level: Level 1 Above Grade
  • Master Bedroom: 13x11 Level: Level 2 Above Grade
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 120.000000
  • LivingRoom Area: 216.000000
  • 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

  • Lot Number: 24
  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: Paved Drive

Garage/Parking

  • Garage Dim: 0.000 x 0.000

Utilities

  • Air Conditioner: Central Electric
  • Sewer: City
  • Hot Water: City
  • Water Heater: Gas

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Includes: Exterior Maintenance, Grounds Maintenance, Neighborhood Lights, Parking, Sewer, Snow Removal, Trash, Water
  • HOA: Lynchburg Board of Realtors
  • Association Fee: 150.00

Association/Amenities

  • Entry Level Unit: 5

Schools

  • School District: Lynchburg
  • School District: Lynchburg

Lot Info

  • Lot Sq Ft: 976.00
  • Zoning: R-4

Tax Info

  • Estimated Taxes: 575

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2020
Closed on
Dec 31, 2020
Sold by
Collings Window & Door Llc
Bought by
First Choice Facilitator Services Llc
Seller's Agent
Bethany Colbert
Raven Realty LLC
Buyer's Agent
Sheena Frost
eXp Realty LLC-Fredericksburg
List Price
$196,000
Sold Price
$60,000
Premium/Discount to List
-$136,000
-69.39%
Total Days on Market
28
Current Estimated Value
$127,506

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,506
Avg. Annual Appreciation
18.73%
Original Mortgage
$48,000
Outstanding Balance
$36,316
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$91,191

Purchase Details

Closed on
Jul 1, 2014
Sold by
Rwbeeker & Associates Llc
Bought by
Collins Window & Door Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
5%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Feb 21, 2013
Sold by
Beeker Roger W and Beeker Myra Y
Bought by
Rwbeeker & Associates Llc
Source: Public Records

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Range of Values:

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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
First Choice Facilitator Services Llc $60,000 None Available
Collins Window & Door Llc $275,000 None Available
Rwbeeker & Associates Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open First Choice Facilitator Services Llc $48,000
Previous Owner Collins Window & Door Llc $220,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/07/2021 01/07/21 Sold $60,000 -69.4% $61 / Sq Ft
11/04/2020 11/04/20 Pending -- -- --
10/07/2020 10/07/20 For Sale $196,000 -- $201 / 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 $643 $72,200 $14,000 $58,200
2023 $643 $72,200 $14,000 $58,200
2022 $606 $58,800 $12,000 $46,800
2021 $653 $58,800 $12,000 $46,800
2020 $573 $51,600 $12,000 $39,600
2019 $573 $51,600 $12,000 $39,600
2018 $585 $52,700 $12,000 $40,700
2017 $585 $52,700 $12,000 $40,700
2016 $585 $52,700 $12,000 $40,700
2015 $585 $52,700 $12,000 $40,700
2014 $292 $52,700 $12,000 $40,700
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2021

    Bethany Colbert

    Raven Realty LLC

    (434) 485-2381

    4 in this area

    45 Total Sales

    Bethany Colbert
    Section Image

  • S

    Buyer's Agent in 2021

    Sheena Frost

    eXp Realty LLC-Fredericksburg

    (434) 941-8798

    2 in this area

    41 Total Sales

    Section Image
See All Agents

Map

Source: Lynchburg Association of REALTORS®

MLS Number: 327714

APN: 030-29-024

Virginia Lynchburg City County Lynchburg 24501 Miller Park

3501 Fort Ave Unit 5, Lynchburg, VA

This home is located at 3501 Fort Ave Unit 5, Lynchburg, VA 24501 since 07 October 2020 and is currently estimated at $127,506, approximately $130 per square foot. This property was built in 1979. 3501 Fort Ave Unit 5 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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