NOT LISTED FOR SALE

425 Three Creeks Ct Unit A Lynchburg, VA 24502

Estimated Value: $238,892 - $300,000

4 Beds
4 Baths
2,016 Sq Ft
$136/Sq Ft Est. Value

Last Sold July 15, 2019

Last sale price $160,000 $79 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $1,618/month

About This Home

As of July 2019

Very well maintained duplex with long time owner nearing retirement. Unit A has new carpeting and is freshly painted. Both units have newer water heaters. Unit B has a tenant paying $750/month. Landlord pays water and lawn care. Electric is separately metered. Lovely property. Truly turnkey!

Last Agent to Sell the Property

Nina Davenport

Mark A. Dalton & Co., Inc. License #0225225904 Listed on: 06/09/2019

Last Buyer's Agent

Schyler Higgins

Cornerstone Realty Group Inc. License #0225225837

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,767

Year Built

  • Built in 2001

Lot Details

  • 0.31 Acre Lot

HOA Fees

  • $2 Monthly HOA Fees

Home Design

  • 2,016 Sq Ft Home

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 2 Parking Spaces
  • Off-Street Parking

Schools

  • Sheffield Elementary School
  • Pl Dunbar Midl Middle School
  • Heritage High School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater

Community Details

  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,767

Year Built

Built in 2001

Lot Details

0

HOA Fees

$2 per month

Listing Details

  • FILLACRES: 0.3060
  • ElementarySchool7: Sheffield Elem
  • HighSchool7: Heritage High
  • Internet Providers: Comcast/Xfinity
  • Lot Measurement: Acres
  • Lot Sq Ft: 13329.00
  • MiddleSchool7: PL Dunbar Midl
  • Days On Market: No
  • Property Subtype1: Multi-Family
  • Prop. Type: Multi-Family
  • OFFICELIST_STATE: VA
  • Year Built: 2001
  • Heating System: Forced Warm Air-Elec, Heat Pump
  • Unit Info Number Unfurnished Units: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Broker Approved: Yes
  • Legal Description: NEW TOWNE, SEC 3, LOT
  • Reciprocal Listing: No
  • Flooring: Carpet Wall to Wall, Vinyl
  • Year Built Exception: 0
  • Walls: Drywall

Garage/Parking

  • Parking: 2 Spaces/Unit, Off Street Parking

Utilities

  • Utility Electric: American Electric
  • Cooling: Central Electric, Heat Pump
  • Sewer: City
  • Hot Water: City
  • Water Heater: Electric
  • Number Of Water Meters: 1

Condo/Co-op/Association

  • HOA Fee Frequency: Yearly
  • HOA Includes: Other
  • HOA: Lynchburg Board of Realtors
  • Association Fee: 25.00

Schools

  • School District: Lynchburg
  • School District: Lynchburg

Lot Info

  • Lot Sq Ft: 2016.00

Rental Info

  • Types Of Leases: 1 Year Lease

Tax Info

  • Estimated Taxes: 1767

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 9, 2022
Sold by
Schyler Higgins
Bought by
Lcg Properties Llc
Current Estimated Value
$274,223

Purchase Details

Closed on
Jan 20, 2021
Sold by
Lcg Properties Llc
Bought by
Higgins Schyler

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,250
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 9, 2019
Closed on
Sep 3, 2019
Sold by
Higgins Schyler
Bought by
Lcg Properties Llc
Seller's Agent
Nina Davenport
Mark A. Dalton & Co., Inc.
Buyer's Agent
Schyler Higgins
Cornerstone Realty Group Inc.
List Price
$160,000
Sold Price
$160,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.97%
Original Mortgage
$120,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 9, 2019
Closed on
Jul 15, 2019
Sold by
Sanders C Newell C and Sanders Catherine F
Bought by
Higgins Schyler C
Seller's Agent
Nina Davenport
Mark A. Dalton & Co., Inc.
Buyer's Agent
Schyler Higgins
Cornerstone Realty Group Inc.
List Price
$160,000
Sold Price
$160,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 13, 2008
Sold by
Tuck Ricky E and Tuck Lynita F
Bought by
Lyn Tuck Enterprises L L C
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
Lcg Properties Llc -- Seth E Twery Pc
Higgins Schyler -- None Available
Lcg Properties Llc -- None Available
Higgins Schyler C $160,000 Old Republic Title
Lyn Tuck Enterprises L L C -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Higgins Schyler $143,250
Previous Owner Higgins Schyler C $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/15/2019 07/15/19 Sold $160,000 0.0% $79 / Sq Ft
06/09/2019 06/09/19 Pending -- -- --
06/09/2019 06/09/19 For Sale $160,000 -- $79 / 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
2025 $1,991 $237,000 $30,000 $207,000
2024 $1,794 $201,600 $30,000 $171,600
2023 $1,794 $201,600 $30,000 $171,600
2022 $1,640 $159,200 $30,000 $129,200
2021 $1,767 $159,200 $30,000 $129,200
2020 $1,767 $159,200 $30,000 $129,200
2019 $1,767 $159,200 $30,000 $129,200
2018 $1,767 $159,200 $30,000 $129,200
2017 $1,767 $159,200 $30,000 $129,200
2016 $1,767 $159,200 $30,000 $129,200
2015 $1,767 $159,200 $30,000 $129,200
2014 $1,767 $159,200 $30,000 $129,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 319104

APN: 235-11-020