NOT LISTED FOR SALE

Estimated Value: $301,000 - $345,000

-- Bed
-- Bath
3,533 Sq Ft
$92/Sq Ft Est. Value

Last Sold November 15, 2017

Last sale price $163,000 $46 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $1,951/month

36 Days on Market

About This Home

As of November 2017

Tri-Plex conveniently located on the bus line and fully rented with long term history with property management company. Main level unit features 3 beds & 3 full baths plus a basement for storage and includes laundry. Hardwood flooring. Upstairs 1 bedroom unit has exterior 2nd level deck entry. Unit in back has 2-unit split system Heat-pump and is complete with full bath and 2 very large rooms. Paved circle driveway offers plenty of parking for tenants. Great opportunity for investors. Numbers are strong with positive cash flow. Tenant occupied and 48 hours required for all showings.

Last Agent to Sell the Property

Ezekiel Martinez

Raven Realty LLC License #0225221327 Listed on: 08/21/2017

Last Buyer's Agent

Ezekiel Martinez

Raven Realty LLC License #0225221327 Listed on: 08/21/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,603

Year Built

  • Built in 1945

Lot Details

  • 0.41

Home Design

  • 3,533 Sq Ft Home
  • Plaster Walls

Flooring

  • Wood
  • Carpet

Schools

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

Additional Features

  • 0.41 Acre Lot
  • Heat Pump System

Community Details

  • 3 Units
  • Gross Income $26,280

Listing and Financial Details

  • Assessor Parcel Number 05310056

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,603

Year Built

Built in 1945

Lot Details

0

Listing Details

  • FILLACRES: 0.4140
  • Directions: From Wards Rd continue past Walgreens onto Fort Ave to home on the right.
  • ElementarySchool7: Sheffield Elem
  • HighSchool7: Heritage High
  • Lot Measurement: Acres
  • Lot Sq Ft: 18034.00
  • MiddleSchool7: PL Dunbar Midl
  • Days On Market: No
  • Property Subtype1: Multi-Family
  • Prop. Type: Multi-Family
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 05310056
  • Year Built: 1945
  • Heating System: Heat Pump
  • Unit Info Number Unfurnished Units: 3
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Broker Approved: Yes
  • Legal Description: RADCLIFF, BLK 13, PARCEL B
  • Reciprocal Listing: No
  • Flooring: Carpet, Wood Floors
  • Year Built Exception: 0
  • Walls: Drywall, Plaster

Utilities

  • Cooling: Heat Pump, Other
  • Sewer: City
  • Hot Water: City

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors

Schools

  • School District: Lynchburg
  • School District: Lynchburg

Lot Info

  • Lot Sq Ft: 3533.00
  • Zoning: B1-R2

Tax Info

  • Estimated Taxes: 1603

Multi Family

  • Annual Gross Income: 26280.00
  • Total Number Units: 3

Range of Values:

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Average Value
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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
Haydens Homes Llc $163,000 None Available
Moser Properties Llc $154,000 Advantage Title & Closing Ll
Good Christopher M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Haydens Homes Llc $323,000
Closed Haydens Homes Llc $138,550
Previous Owner Moser Properties Llc $177,120
Closed Good Christopher M --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2017 11/15/17 Sold $163,000 +1.9% $46 / Sq Ft
09/26/2017 09/26/17 Pending -- -- --
08/21/2017 08/21/17 For Sale $159,900 +3.8% $45 / Sq Ft
04/28/2017 04/28/17 Sold $154,000 -6.7% $44 / Sq Ft
04/27/2017 04/27/17 Pending -- -- --
05/04/2016 05/04/16 For Sale $165,000 -- $47 / 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 $2,125 $238,800 $87,500 $151,300
2023 $2,125 $238,800 $87,500 $151,300
2022 $1,927 $187,100 $61,200 $125,900
2021 $2,077 $187,100 $61,200 $125,900
2020 $1,757 $158,300 $61,200 $97,100
2019 $1,757 $158,300 $61,200 $97,100
2018 $1,647 $152,300 $52,500 $99,800
2017 $1,691 $152,300 $52,500 $99,800
2016 $1,603 $144,400 $52,500 $91,900
2015 $1,603 $144,400 $47,800 $96,600
2014 $1,603 $144,400 $47,800 $96,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 307186

APN: 053-10-056