NOT LISTED FOR SALE

4327 Sussex St Lynchburg, VA 24501

Perrymont Neighborhood

Estimated Value: $200,000 - $416,000

-- Bed
2 Baths
1,542 Sq Ft
$199/Sq Ft Est. Value

Last Sold April 06, 2023

Last sale price $490,000 $318 Per Sq Ft

Est. 39% decrease in value since last sale

Current estimated payment $1,743/month

4 Days on Market

About This Home

As of April 2023

Sold as a bundle of 3 duplexes. Income producing properties with many upgrades.Includes 4331-4333 Sussex St and 4335-4337 Sussex St.

Last Agent to Sell the Property

Tricia Anderson

Property Mgmt. Specialists License #0225071685 Listed on: 02/16/2023

Last Buyer's Agent

CHERYL R WALTON

NextHome TwoFourFive License #0225215514

NextHome TwoFourFive

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,370

Year Built

  • Built in 1958

Lot Details

  • 9,827 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • 1,542 Sq Ft Home

Flooring

  • Carpet
  • Laminate
  • Vinyl

Schools

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

Utilities

  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 05601011

Community Details

Overview

  • 2 Units
  • Perrymont Subdivision

Building Details

  • 2 Separate Water Meters
  • New Taxes Expense $342
  • Gross Income $15,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,370

Year Built

Built in 1958

Lot Details

0

Listing Details

  • FILLACRES: 0.2256
  • Directions: Fort Ave to Perrymont to Right on Sussex. Properties on the Left
  • ElementarySchool7: Perrymont Elem
  • HighSchool7: Heritage High
  • Internet Providers: Comcast/Xfinity, GLO Fiber, Verizon
  • Lot Measurement: Acres
  • Lot Sq Ft: 9827.00
  • MiddleSchool7: PL Dunbar Midl
  • Days On Market: No
  • Property Subtype1: Multi-Family
  • Prop. Type: Multi-Family
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 05601011
  • Year Built: 1958
  • Heating System: Heat Pump
  • Unit Info Number Unfurnished Units: 2
  • Taxes Expense: 342.00
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Broker Approved: Yes
  • Legal Description: SUNSET HEIGHTS, BLK 3, LOT 11 & pt Lot 10
  • Reciprocal Listing: No
  • Street Number Modifier: 4329
  • Flooring: Carpet, Laminate, Vinyl
  • Year Built Exception: 0
  • Walls: Drywall

Garage/Parking

  • Parking: On-Street

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
  • Subdivision Complex: Perrymont

Schools

  • School District: Lynchburg
  • School District: Lynchburg

Lot Info

  • Lot Sq Ft: 1542.00
  • Zoning: R2

Rental Info

  • Types Of Leases: 1 Year Lease

Tax Info

  • Estimated Taxes: 1370

Multi Family

  • Annual Gross Income: 15900.00
  • Total Number Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2023
Closed on
Mar 3, 2023
Sold by
Polly Pad Llc
Bought by
Hubb Properties Llc
Seller's Agent
Tricia Anderson
Property Mgmt. Specialists
Buyer's Agent
CHERYL R WALTON
NextHome TwoFourFive
List Price
$490,000
Sold Price
$490,000
Views
12
Current Estimated Value
$299,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$190,333
Avg. Annual Appreciation
-18.11%

Purchase Details

Closed on
May 30, 2018
Sold by
Greenway Properties Llc
Bought by
Polly Pad Llc

Purchase Details

Closed on
Mar 2, 2007
Sold by
Blankenship Walter E and Blankenship Jerilyn F
Bought by
Scranton Michael S and Scranton Sharon L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,332
Interest Rate
6.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 23, 2005
Sold by
Appalachian Investments Inc
Bought by
Blankenship Walter E and Blankenship Jerilyn F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,688
Interest Rate
5.82%
Mortgage Type
New Conventional
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
Hubb Properties Llc $495,000 Reliance Title
Polly Pad Llc $415,000 Absolute Title & Settlement
Scranton Michael S -- Reliance Title
Blankenship Walter E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Scranton Michael S $77,560
Previous Owner Scranton Michael S $8,332
Previous Owner Blankenship Walter E $65,688
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/06/2023 04/06/23 Sold $490,000 0.0% $318 / Sq Ft
02/20/2023 02/20/23 Pending -- -- --
02/16/2023 02/16/23 For Sale $490,000 +48.5% $318 / Sq Ft
04/04/2016 04/04/16 Sold $330,000 -5.7% $71 / Sq Ft
04/04/2016 04/04/16 Pending -- -- --
07/08/2015 07/08/15 For Sale $349,900 -- $75 / 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 $1,322 $148,500 $30,000 $118,500
2023 $1,322 $148,500 $30,000 $118,500
2022 $1,345 $123,400 $30,000 $93,400
2021 $1,370 $123,400 $30,000 $93,400
2020 $1,375 $123,900 $30,000 $93,900
2019 $1,375 $123,900 $30,000 $93,900
2018 $1,168 $105,200 $20,000 $85,200
2017 $1,168 $105,200 $20,000 $85,200
2016 $1,168 $105,200 $20,000 $85,200
2015 $1,168 $105,200 $20,000 $85,200
2014 $1,168 $105,200 $20,000 $85,200
Source: Public Records

Agents Affiliated with this Home

  • Tricia Anderson

    Seller's Agent in 2023

    Tricia Anderson

    Property Mgmt. Specialists

    (434) 849-8693

    1 in this area

    10 Total Sales

    Section Image

  • C

    Buyer's Agent in 2023

    CHERYL R WALTON

    NextHome TwoFourFive

    Section Image

  • S

    Seller's Agent in 2016

    Sky Pacot

    LPT Realty, Inc

    Section Image

  • D

    Buyer's Agent in 2016

    Diana Jacobs

    Long & Foster-Forest

    (434) 907-1510

    13 Total Sales

    Section Image
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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 342618

APN: 056-01-011

Virginia Lynchburg City County Lynchburg 24501 Perrymont

4327 Sussex St, Lynchburg, VA

This home is located at 4327 Sussex St, Lynchburg, VA 24501 since 16 February 2023 and is currently estimated at $307,000, approximately $199 per square foot. This property was built in 1958. 4327 Sussex St is a home located in Lynchburg City with nearby schools including Perrymont Elementary School, Paul Laurence Dunbar Mid. for Innov., and Heritage High School.

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