$58,000
SOLD FEB 21, 2025
2 Beds
1 Bath
872 Sq Ft
4,208 Sq Ft Lot

Recently Sold

$67 Per Sq Ft

11% Below List Price

4 Days on Market

Highlights

  • Double Oven
  • Carpet
  • 1-Story Property
  • Fenced Yard

About This Home

As of February 2025

Real Estate Investment Opportunity - Priced Below Tax Assessment! Are you a seasoned investor or looking to break into real estate investing? This property offers the perfect opportunity to expand or kickstart your portfolio. Already occupied by a tenant, this investment comes with immediate rental income, saving you time and effort. Don't miss out on this fantastic chance to secure a property priced below tax assessment. With built-in rental potential and an excellent value proposition, it's a deal you won't want to pass up. Take the first step toward growing your investment portfolio today!

Last Agent to Sell the Property

Hope Metzger

Magnolia Mountain Realty License #0225213780 Listed on: 02/07/2025

Last Buyer's Agent

Alesha Slaughter

Keller Williams License #0225220878

Keller Williams

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $583

Year Built

  • Built in 1910

Lot Details

  • 4,208 Sq Ft Lot
  • Fenced Yard

Home Design

  • Shingle Roof

Interior Spaces

  • 1 Full Bathroom
  • 872 Sq Ft Home
  • 1-Story Property

Kitchen

  • Double Oven
  • Cooktop
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Schools

  • Bedford Hills Elementary School
  • Linkhorne Midl Middle School
  • E. C. Glass High School

Utilities

  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Tinbridge Hill Subdivision
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 00905017

Home Details

Home Type

Single Family

Est. Annual Taxes

$583

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Directions: Lakeside Dr, left on Memorial Ave, left on Monroe St, house on the right.
  • Days On Market: No
  • Prop. Type: Residential
  • Year Built: 1910
  • Garage Yn: No
  • Property Sub-Type: Single Family Residence
  • Subdivision Name: Tinbridge Hill
  • Above Grade Finished Sq Ft: 872.00
  • Architectural Style: Ranch
  • Laundryroom Dim: 0.000 x 0.000
  • Office Dim: 13.000 x 8.000
  • 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: Other
  • Has Basement: Other
  • Breakfast Area: 0x0 Level:
  • Flooring: Carpet, Vinyl
  • Deck: 8x16 Level: Level 1 Above Grade
  • Den: 0x0 Level:
  • Family Room: 0x0 Level:
  • Formal Dining: 0x0 Level:
  • Foyer: 0x0 Level:
  • Level 1 Full Bathrooms: 1
  • Great Room: 0x0 Level:
  • Interior Amenities: Cable Available, Main Level Bedroom
  • Dining Kitchen: 0x0 Level:
  • Laundry: Dryer Connection, Main Level, Washer Connections
  • Laundry Room: 0x0 Level:
  • Living Room: 15x13 Level: Level 1 Above Grade
  • Master Bedroom: 13x11.50 Level: Level 1 Above Grade
  • Office: 13x8 Level: Level 1 Above Grade
  • Other Room 1: 0x0 Level:
  • Other Room 2: 0x0 Level:
  • Other Room 3: 0x0 Level:
  • Porch: 0x0 Level:
  • Rec Room: 0x0 Level:
  • Screened Porch: 0x0 Level:
  • Sun Room: 0x0 Level:
  • Appliances: Cooktop, Dishwasher, Double Oven, Dryer, Refrigerator, Washer
  • Stories: One
  • Sixth Bedroom: 0x0 Level:
  • Fifth Bedroom: 0x0 Level:
  • Third Bedroom: 0x0 Level:
  • Fourth Bedroom: 0x0 Level:
  • Second Bedroom: 11.50x11 Level: Level 1 Above Grade
  • Room Master Bedroom Area: 149.500000
  • Room Living Room Area: 195.000000
  • Room Office Area: 104.000000
  • Room Bedroom2 Area: 126.500000
  • MasterBedroomDimensions Dim: 13.000 x 11.500
  • Kitchen Dim: 0.000 x 0.000
  • Sunroom Dim: 0.000 x 0.000
  • Master Bedroom Master Bedroom Width: 11.500

Exterior Features

  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: Deck, Front Porch, Fenced Yard
  • Patio: 0x0 Level:

Garage/Parking

  • Carport: 0x0 Level:
  • Garage Dim: 0.000 x 0.000

Utilities

  • Cooling: Heat Pump
  • Sewer: City
  • Water Heater: Electric
  • Heating: Heat Pump
  • Water Source: City

Schools

  • Elementary School: Bedford Hills Elem
  • High School: E. C. Glass High
  • Middle School: Linkhorne Midl
  • Junior High Dist: Lynchburg

Lot Info

  • Acres: 0.0966
  • Lot Size Sq Ft: 4208.00
  • ResoLotSizeUnits: Acres
  • Parcel Number: 00905017
  • ResoLotSizeUnits: Acres

Rental Info

  • Sub Lease: No
  • Sub Lease Expiration Date: 1800-01-01T00:00:00.000-05:00

Tax Info

  • Estimated Taxes: 583

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2025
Closed on
Feb 19, 2025
Sold by
All State Rentals Llc
Bought by
Brata Petrus H
Seller's Agent
Hope Metzger
Magnolia Mountain Realty
Buyer's Agent
Alesha Slaughter
Keller Williams
List Price
$65,000
Sold Price
$58,000
Premium/Discount to List
-$7,000
-10.77%
Views
31
Current Estimated Value
$84,031

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,031
Avg. Annual Appreciation
59.89%

Purchase Details

Listed on
Aug 19, 2019
Closed on
Sep 27, 2019
Sold by
Pars Properties Llc
Bought by
All State Rentals Llc
Seller's Agent
David Johnson
Karl Miller Realty LLC
Buyer's Agent
Susan Murray
Epique Realty
List Price
$64,900
Sold Price
$32,000
Premium/Discount to List
-$32,900
-50.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.69%

Purchase Details

Closed on
Nov 8, 2007
Sold by
Lynchburg Redevelopment & Housing Author
Bought by
Pars Properties Llc
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

Date Type Sale Price Title Company
Deed $58,000 Absolute Title
Bargain Sale Deed $32,000 None Available
Deed $200 Integrity Title & Settlement
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/21/2025 02/21/25 Sold $58,000 -10.8% $67 / Sq Ft
02/11/2025 02/11/25 Pending -- -- --
02/07/2025 02/07/25 For Sale $65,000 +103.1% $75 / Sq Ft
10/08/2019 10/08/19 Sold $32,000 -50.7% $37 / Sq Ft View Prior Sale
09/18/2019 09/18/19 Pending -- -- --
08/19/2019 08/19/19 For Sale $64,900 -- $74 / 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 $801 $95,300 $15,000 $80,300
2024 $583 $65,500 $12,000 $53,500
2023 $583 $65,500 $12,000 $53,500
2022 $500 $48,500 $10,000 $38,500
2021 $538 $48,500 $10,000 $38,500
2020 $239 $21,500 $6,000 $15,500
2019 $239 $21,500 $6,000 $15,500
2018 $212 $19,100 $6,000 $13,100
2017 $212 $19,100 $6,000 $13,100
2016 $212 $19,100 $6,000 $13,100
2015 $212 $19,500 $2,000 $17,500
2014 $216 $12,600 $2,000 $10,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 357118

APN: 009-05-017