NOT LISTED FOR SALE

3524 Demott St Lynchburg, VA 24501

Lakeside Neighborhood

Estimated Value: $115,000 - $180,000

3 Beds
1 Bath
960 Sq Ft
$159/Sq Ft Est. Value

Sale Details

Date Sold: April 4, 2024

Last sale price $137,000 $143 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $926 / mo

2 Days on Market

Highlights

  • Storm Windows
  • Ceramic Tile Flooring
  • 1-Story Property
  • Bungalow

About This Home

As of April 2024

With a little TLC, this 3 bedroom bungalow, centrally located between University of Lynchburg and Liberty University, will be a showplace. Perfect property for rental, first time home buyer, or investors. New HVAC in 2021.

Last Agent to Sell the Property

Tamara Dodson

Realty ONE Group Leading Edge License #0225238631 Listed on: 02/06/2024

Realty ONE Group Leading Edge

Last Buyer's Agent

Tammi Moore

TMoore Real Estate Group LLC License #0225255010

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $972

Year Built

  • Built in 1978

Lot Details

  • 8,599 Sq Ft Lot
  • Property is zoned R-2

Home Design

  • Bungalow
  • Shingle Roof

Interior Spaces

  • 1 Full Bathroom
  • 960 Sq Ft Home
  • 1-Story Property
  • Attic Access Panel
  • Storm Windows

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Ceramic Tile
  • Vinyl Plank

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Laundry in Basement

Schools

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

Utilities

  • Heat Pump System
  • Electric Water Heater

Community Details

  • West Lynchburg Subdivision
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 16507005

Home Details

Home Type

Single Family

Est. Annual Taxes

$972

Year Built

Built in 1978

Lot Details

8,599 Sq Ft Lot

Listing Details

  • Directions: Lakeside Dr towards University of Lynchburg. Left on Demott St
  • Internet Providers: Comcast/Xfinity
  • Days On Market: No
  • Prop. Type: Residential
  • Year Built: 1978
  • Garage Yn: No
  • Property Sub-Type: Single Family Residence
  • Subdivision Name: West Lynchburg
  • Above Grade Finished Sq Ft: 960.00
  • Architectural Style: Bungalow
  • Laundryroom Dim: 0.000 x 0.000
  • 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)
  • Broker Approved: Yes
  • Reciprocal Listing: No
  • Has Attic: Access
  • Has Basement: Exterior Entrance, Full, Interior Entrance, Walkout
  • Flooring: Ceramic Tile, Vinyl Plank
  • Level 1 Full Bathrooms: 1
  • Interior Amenities: Main Level Bedroom, Main Level Den
  • Dining Kitchen: 15x11 Level: Level 1 Above Grade
  • Laundry: Basement
  • Living Room: 15x15 Level: Level 1 Above Grade
  • Master Bedroom: 14x10 Level: Level 1 Above Grade
  • Porch: 8x5 Level: Level 1 Above Grade
  • Appliances: Dishwasher, Range-Elec, Refrigerator
  • Stories: One
  • Third Bedroom: 11x10 Level: Level 1 Above Grade
  • Second Bedroom: 11x10 Level: Level 1 Above Grade
  • Room Bedroom3 Area: 110.000000
  • Room Master Bedroom Area: 140.000000
  • Room Kitchen Area: 165.000000
  • Room Living Room Area: 225.000000
  • Room Bedroom2 Area: 110.000000
  • MasterBedroomDimensions Dim: 14.000 x 10.000
  • Kitchen Dim: 15.000 x 11.000
  • Sunroom Dim: 0.000 x 0.000
  • Master Bedroom Master Bedroom Width: 10.000

Exterior Features

  • Lot Number: 99-100
  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: Storm Windows

Garage/Parking

  • Garage Dim: 0.000 x 0.000

Utilities

  • Utility Electric: AEP/Appalachian Powr
  • Cooling: Heat Pump
  • Sewer: City
  • Water Heater: Electric
  • Heating: Heat Pump
  • Water Source: City

Schools

  • Elementary School: Perrymont Elem
  • High School: E. C. Glass High
  • Middle School: PL Dunbar Midl
  • Junior High Dist: Lynchburg

Lot Info

  • Zoning: R-2
  • Acres: 0.1974
  • Lot Size Sq Ft: 8599.00
  • ResoLotSizeUnits: Acres
  • Parcel Number: 16507005
  • ResoLotSizeUnits: Acres

Rental Info

  • Sub Lease: No
  • Sub Lease Expiration Date: 1800-01-01T00:00:00.001-05:00

Tax Info

  • Estimated Taxes: 972

Multi Family

  • Existing Lease Type: Net

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2024
Closed on
Mar 27, 2024
Sold by
Bought by
Seller's Agent
Tamara Dodson
Realty ONE Group Leading Edge
Buyer's Agent
Tammi Moore
TMoore Real Estate Group LLC
List Price
$135,900
Sold Price
$137,000
Premium/Discount to List
$1,100
0.81%
Views
9
Current Estimated Value
$152,438

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,438
Avg. Annual Appreciation
4.71%
Original Mortgage
$6,165
Interest Rate
0.069%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 13, 2017
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
0.0385%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 21, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,120
Interest Rate
0.0637%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$137,000 Chicago Title
-- None Available
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $6,165
Open $132,890
Previous Owner $225,000
Previous Owner $45,000
Previous Owner $43,700
Previous Owner $62,120
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/04/2024 04/04/24 Sold $137,000 +0.8% $143 / Sq Ft
02/08/2024 02/08/24 Pending -- -- --
02/06/2024 02/06/24 For Sale $135,900 -- $142 / Sq Ft
Source: Lynchburg Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $1,153 $137,300 $21,600 $115,700
2024 $872 $98,000 $21,600 $76,400
2023 $872 $98,000 $21,600 $76,400
2022 $919 $89,200 $16,000 $73,200
2021 $990 $89,200 $16,000 $73,200
2020 $935 $84,200 $16,000 $68,200
2019 $935 $84,200 $16,000 $68,200
2018 $909 $81,900 $14,400 $67,500
2017 $909 $81,900 $14,400 $67,500
2016 $909 $81,900 $14,400 $67,500
2015 $909 $81,900 $14,400 $67,500
2014 $909 $81,900 $14,400 $67,500
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2024

    Tamara Dodson

    Realty ONE Group Leading Edge

    (434) 907-1945

    1 in this area

    91 Total Sales

    Tamara Dodson
    Section Image
  • Tammi Moore

    Buyer's Agent in 2024

    Tammi Moore

    TMoore Real Estate Group LLC

    (434) 665-1457

    1 in this area

    183 Total Sales

    Tammi Moore
    Section Image
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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 350365

APN: 165-07-005

Virginia Lynchburg City County Lynchburg 24501 Lakeside

3524 Demott St, Lynchburg, VA

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