Seller's Agent in 2019
Jaysn Schaener
Raven Realty LLC
(434) 515-0378
3 in this area
57 Total Sales
5046 Fort Ave Lynchburg, VA 24502
Fort Hill NeighborhoodEstimated Value: $242,000 - $280,000
4
Beds
3
Baths
2,361
Sq Ft
$111/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Fireplace
- Electric Baseboard Heater
- Main Floor Bedroom
- Forced Air Heating System
About This Home
As of April 2019Don't miss out on the chance to own a Triplex right on Fort Road! Live on the main level and rent out the other two! That is an incredible way to slash your monthly payments. This maybe the last time you see one for sale for years! This property has rented out at capacity for $1785.00 a month. That is $21,420.00 a year gross! Talk about a money maker. Stop by today and check out this Investor's dream!
Last Agent to Sell the Property
Raven Realty LLC License #0225263810 Listed on: 12/06/2018
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,320
Year Built
- Built in 1950
Lot Details
- 7,754 Sq Ft Lot
Home Design
- Shingle Roof
Interior Spaces
- 2,361 Sq Ft Home
- 2-Story Property
- Fireplace
- Walkup Attic
- Gas Range
Flooring
- Wood
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
- Main Floor Bedroom
Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Apartment Living Space in Basement
- Laundry in Basement
Schools
- Sheffield Elementary School
- Pl Dunbar Midl Middle School
- Heritage High School
Utilities
- Window Unit Cooling System
- Forced Air Heating System
- Electric Baseboard Heater
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number 05310043
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 20, 2022
Sold by
Two Elk Llc
Bought by
Cox Gerald W and Cox Lauren A
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,250
Outstanding Balance
$137,508
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$116,455
Purchase Details
Listed on
Dec 6, 2018
Closed on
Mar 27, 2019
Sold by
Derbyshire Proh Enterprises Inc
Bought by
Two Elk Llc
Seller's Agent
Jaysn Schaener
Raven Realty LLC
Buyer's Agent
Jaysn Schaener
Raven Realty LLC
List Price
$184,900
Sold Price
$190,000
Premium/Discount to List
$5,100
2.76%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.68%
Original Mortgage
$152,000
Interest Rate
4.3%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Oct 6, 2015
Sold by
Branch Robert H and Branch Carolyn M
Bought by
Derbyshire Proh Enterprises Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
3.9%
Mortgage Type
Commercial
Purchase Details
Closed on
Jan 31, 2005
Sold by
Woodside Property Management L L C
Bought by
Branch Robert H and Branch Carolyn M
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Cox Gerald W | $195,000 | Chicago Title | |
| Two Elk Llc | $190,000 | Fidelity National Title Ins | |
| Derbyshire Proh Enterprises Inc | $100,000 | Advantage Title & Closing Ll | |
| Branch Robert H | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Cox Gerald W | $146,250 | |
| Previous Owner | Two Elk Llc | $152,000 | |
| Previous Owner | Derbyshire Proh Enterprises Inc | $80,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/05/2019 04/05/19 | Sold | $190,000 | +2.8% | $80 / Sq Ft |
| 03/16/2019 03/16/19 | Pending | -- | -- | -- |
| 12/06/2018 12/06/18 | For Sale | $184,900 | -- | $78 / Sq Ft |
Source: Lynchburg Association of REALTORS®
Tax History Compared to Growth
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 | $1,703 | $191,400 | $43,000 | $148,400 |
| 2023 | $1,703 | $191,400 | $43,000 | $148,400 |
| 2022 | $1,914 | $172,400 | $43,000 | $129,400 |
| 2021 | $1,914 | $172,400 | $43,000 | $129,400 |
| 2020 | $1,350 | $121,600 | $43,000 | $78,600 |
| 2019 | $1,350 | $121,600 | $43,000 | $78,600 |
| 2018 | $1,319 | $118,800 | $29,900 | $88,900 |
| 2017 | $1,319 | $118,800 | $29,900 | $88,900 |
| 2016 | $1,319 | $118,800 | $29,900 | $88,900 |
| 2015 | $989 | $118,800 | $29,900 | $88,900 |
| 2014 | $330 | $118,800 | $29,900 | $88,900 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: Lynchburg Association of REALTORS®
MLS Number: 315994
APN: 053-10-043
Nearby Homes
- 5036 Fort Ave Unit 1 & 2
- 1019 Randolph Ln
- 1017 Randolph Ln
- 1009 Randolph Ln
- 4705 Clarke St
- 913 Johnson Rd
- 1405 Radcliff Ave
- 1032 Coronado Ln
- 1314 Harding St
- 1056 Coronado Ln
- 1309 Cherokee Ave
- 4620 Hartford St
- 5753 Edinboro Ave
- 1306 Saint Cloud Ave
- 4610 Alabama Ave
- 4604 Alabama Ave
- 5733 White Oak Dr
- 4600 Alabama Ave
- 1512 Liggates Rd
- 1125 Sheffield Dr