NOT LISTED FOR SALE

4507 Fort Ave Lynchburg, VA 24502

Fort Hill Neighborhood

Estimated Value: $272,000 - $346,000

5 Beds
2 Baths
2,264 Sq Ft
$134/Sq Ft Est. Value

Last Sold July 21, 2016

Last sale price $85,000 $38 Per Sq Ft

Est. 258% increase in value since last sale

Current estimated payment $1,820/month

1 Day on Market

Highlights

  • Cape Cod Architecture
  • Main Floor Bedroom
  • Fenced Yard
  • Wood Flooring
  • Formal Dining Room
  • Walk-In Closet

About This Home

As of July 2016

Great opportunity in a convenient location. This unique Fort Hill home currently has a second floor 2 bedroom apartment with a full kitchen. It could be converted back to a single family residence. Large double lot with off street parking and partially fenced. Beautiful boxwoods line the front of the property and the walkway leading to the covered front porch. With 5 bedrooms, this home offers many possibilities. Perfect location and layout for someone attending one of the nearby colleges to own their home and have income ability.

Last Agent to Sell the Property

Sky Pacot

LPT Realty, Inc License #0225053735 Listed on: 07/20/2016

LPT Realty, Inc

Last Buyer's Agent

Ezekiel Martinez

Raven Realty LLC License #0225221327

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,312

Year Built

  • Built in 1925

Lot Details

  • 0.45 Acre Lot
  • Fenced Yard
  • Property is zoned R2

Parking

  • Driveway

Home Design

  • Cape Cod Architecture
  • Shingle Roof
  • Plaster

Interior Spaces

  • 2,264 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Formal Dining Room
  • Electric Range

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Basement

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

Schools

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

Utilities

  • Window Unit Cooling System
  • Heating System Uses Steam
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 05419002

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,312

Year Built

Built in 1925

Lot Details

0

Listing Details

  • FILLACRES: 0.4510
  • Directions: Corner of Fort Ave & Perrymont.
  • ElementarySchool7: Perrymont Elem
  • HighSchool7: Heritage High
  • Lot Measurement: Acres
  • Lot Sq Ft: 19646.00
  • MiddleSchool7: PL Dunbar Midl
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 05419002
  • Year Built: 1925
  • Heating System: Steam-Gas
  • Building Stories: Two
  • Dwelling Styles: Cape Cod
  • Officeden Len: 13.000
  • Officeden Wid: 13.000
  • Laundryroom Dim: 0.000 x 0.000
  • Living Room Dim: 12.000 x 15.000
  • Livingroom Len: 12.000
  • Livingroom Wid: 15.000
  • Masterbedroom Area: 140.000000
  • Master Bedroom Dim: 10.000 x 14.000
  • Masterbedroom Len: 10.000
  • Masterbedroom Wid: 14.000
  • Office Dim: 0.000 x 0.000
  • Other Room1 Area: 169.000000
  • Other Room1 Len: 13.000
  • Sun Room Len: 10.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 2.00
  • Bathrooms Display: 2 (2 0)
  • Lower Floor 1 Bedrooms: 5
  • Broker Approved: Yes
  • Legal Description: Fort hill, BLK 11, Lot 1-2
  • Reciprocal Listing: No
  • Second Bedroom: 10x11 Level: Level 1 Above Grade
  • Second Bedroom Area: 110.000000
  • Third Bedroom: 12x13 Level: Level 1 Above Grade
  • Third Bedroom Area: 156.000000
  • Fourth Bedroom: 12x13 Level: Level 2 Above Grade
  • Fourth Bedroom Area: 156.000000
  • Fifth Bedroom: 10x12 Level: Level 2 Above Grade
  • Fifth Bedroom Area: 120.000000
  • Above Grade Finished Sq Ft: 2264.00
  • ApplianceConvey: Dryer, Range-Elec, Refrigerator, Washer
  • Has Attic: Other
  • Has Basement: Exterior Entrance, Full, Interior Entrance, Walkout
  • Breakfast Area: 9x6 Level: Level 1 Above Grade
  • Flooring: Hardwood, Tile, Vinyl
  • Year Built Exception: 0
  • Deck: 12x12 Level: Level 2 Above Grade
  • Den: 13x13 Level: Level 2 Above Grade
  • Formal Dining: 11x14 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 1
  • Level 2 Full Bathrooms: 1
  • Interior Amenities: Apartment, Cable Available, Cable Connections, Ceiling Fan(s), Drywall, Main Level Bedroom, Main Level Den, Plaster, Separate Dining Room, Walk-In Closet(s)
  • Dining Kitchen: 8x11 Level: Level 1 Above Grade
  • Laundry: Dryer Connection, Washer Connections
  • Living Room: 12x15 Level: Level 1 Above Grade
  • Master Bedroom: 10x14 Level: Level 1 Above Grade
  • Other Room 1: 13x13 Level: Level 2 Above Grade
  • Porch: 6x22 Level: Level 1 Above Grade
  • Screened Porch: 6x7 Level: Level 1 Above Grade
  • Sun Room: 10x11 Level: Level 1 Above Grade
  • Den Area: 169.000000
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 88.000000
  • LivingRoom Area: 180.000000
  • Est Other Room1 Dim: 13.000 x 13.000
  • 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
  • Sun Room Area: 110.000000
  • Sunroom Dim: 10.000 x 11.000

Exterior Features

  • Lot Number: 1-2
  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: Concrete Drive, Fenced Yard

Garage/Parking

  • Garage Dim: 0.000 x 0.000

Utilities

  • Air Conditioner: Window Unit(s)
  • 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: 2264.00
  • Zoning: R2

Tax Info

  • Estimated Taxes: 1312

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2016
Closed on
Jul 19, 2016
Sold by
Driskill John R and Driskill Carolyn H
Bought by
The Powell Property Network Llc
Seller's Agent
Sky Pacot
LPT Realty, Inc
Buyer's Agent
Ezekiel Martinez
Raven Realty LLC
List Price
$114,900
Sold Price
$85,000
Premium/Discount to List
-$29,900
-26.02%
Current Estimated Value
$304,014

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$219,014
Avg. Annual Appreciation
15.17%
Original Mortgage
$75,000
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 27, 2006
Sold by
Driskill Lewis C
Bought by
Driskill John R and Driskill Carolyn H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,125
Interest Rate
6.83%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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
The Powell Property Network Llc $85,000 Advantage Title & Closing Ll
Driskill John R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Powell Property Network Inc $276,800
Closed Powell Property Network Inc $100,000
Closed The Powell Property Network Llc $75,000
Previous Owner Driskill John R $51,125
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2016 07/21/16 Sold $85,000 -26.0% $38 / Sq Ft
07/21/2016 07/21/16 Pending -- -- --
07/20/2016 07/20/16 For Sale $114,900 -- $51 / 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 $2,129 $239,200 $39,200 $200,000
2023 $1,368 $153,700 $39,200 $114,500
2022 $1,435 $139,300 $25,200 $114,100
2021 $1,546 $139,300 $25,200 $114,100
2020 $1,345 $121,200 $36,000 $85,200
2019 $1,345 $121,200 $36,000 $85,200
2018 $1,313 $118,300 $30,000 $88,300
2017 $1,313 $118,300 $30,000 $88,300
2016 $1,313 $118,300 $30,000 $88,300
2015 $1,313 $118,300 $30,000 $88,300
2014 $1,313 $119,100 $30,000 $89,100
Source: Public Records

Agents Affiliated with this Home

  • Sky Pacot

    Seller's Agent in 2016

    Sky Pacot

    LPT Realty, Inc

    (434) 941-9497

    1 in this area

    103 Total Sales

    Sky Pacot
    Section Image

  • E

    Buyer's Agent in 2016

    Ezekiel Martinez

    Raven Realty LLC

See All Agents

Map

Source: Lynchburg Association of REALTORS®

MLS Number: 300125

APN: 054-19-002

Virginia Lynchburg City County Lynchburg 24502 Fort Hill

4507 Fort Ave, Lynchburg, VA

This home is located at 4507 Fort Ave, Lynchburg, VA 24502 since 20 July 2016 and is currently estimated at $304,014, approximately $134 per square foot. This property was built in 1925. 4507 Fort Ave 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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