NOT LISTED FOR SALE

507 Church St Lynchburg, VA 24504

Central Business District Neighborhood
-- Bed
-- Bath
2,400 Sq Ft
1,742 Sq Ft Lot

Last Sold March 01, 2013

Last sale price $150,000 $62 Per Sq Ft

85 Days on Market

Highlights

  • 0.04 Acre Lot
  • Paul Munro Elementary School Rated A-
  • Wood Under Carpet

About This Home

As of March 2013

Fabulous Rental Income In Revitalized Downtown; Walk to shopping, dining, theater and more!!! Units (507 and 505) In Wonderful Condition; Owner Pays Water. Newer Roof and new gutters. Great Investment Opportunity; Well Maintained; Purchase with 505 Church for great investment.

Last Agent to Sell the Property

Doris Brammer

John Stewart Walker, Inc License #0225206078 Listed on: 12/04/2012

Last Buyer's Agent

Doris Brammer

John Stewart Walker, Inc License #0225206078 Listed on: 12/04/2012

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,503

Year Built

  • Built in 1888

Lot Details

  • 1,742 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • 2,400 Sq Ft Home
  • Plaster Walls

Flooring

  • Wood Under Carpet
  • Wall to Wall Carpet

Schools

  • Paul Munro Elementary School
  • Linkhorne Midl Middle School
  • Heritage High School

Utilities

  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Month-to-Month Lease Term
  • Assessor Parcel Number 2419009

Community Details

Overview

  • 3 Units
  • Downtown Central Subdivision

Building Details

  • 1 Separate Water Meter
  • Insurance Expense $1,301
  • Maintenance Expense $600
  • Water Sewer Expense $600
  • New Taxes Expense $1,503
  • Gross Income $16,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,503

Year Built

Built in 1888

Lot Details

0

Listing Details

  • FILLACRES: 0.0400
  • Directions: Main Street To Left On 5th Street To Left On Church
  • ElementarySchool7: Paul Munro Elem
  • HighSchool7: Heritage High
  • Lot Measurement: Acres
  • Lot Sq Ft: 1742.00
  • MiddleSchool7: Linkhorne Midl
  • Days On Market: No
  • Property Subtype1: Multi-Family
  • Prop. Type: Multi-Family
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 2419009
  • Year Built: 1888
  • Heating System: Heat Pump
  • Unit Info Number Unfurnished Units: 3
  • Taxes Expense: 1503.00
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Broker Approved: Yes
  • Legal Description: BLK 82
  • Reciprocal Listing: No
  • Flooring: Carpet, Carpet Over Wood, Carpet Wall to Wall
  • Year Built Exception: 0
  • Walls: Plaster

Garage/Parking

  • Parking: On-Street

Utilities

  • Cooling: Heat Pump
  • Sewer: City
  • Hot Water: City
  • Water Heater: Electric
  • Number Of Water Meters: 1

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors
  • Subdivision Complex: Downtown-central

Fee Information

  • Insurance Expenses: 1300.75

Schools

  • School District: Lynchburg

Lot Info

  • Lot Sq Ft: 2400.00
  • Zoning: B-4

Rental Info

  • Types Of Leases: 1 Year Lease, Month to Month

Tax Info

  • Estimated Taxes: 1503

Multi Family

  • Annual Gross Income: 16800.00
  • Maintenance Expense: 600.00
  • Total Number Units: 3
  • Water Expense: 600.00

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/01/2013 03/01/13 Sold $150,000 -9.0% $63 / Sq Ft
02/27/2013 02/27/13 Pending -- -- --
12/04/2012 12/04/12 For Sale $164,900 -- $69 / Sq Ft
Source: Lynchburg Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Doris Brammer

    Seller's Agent in 2013

    Doris Brammer

    John Stewart Walker, Inc

    (434) 944-7653

    35 Total Sales

    Doris Brammer
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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 275766

APN: 024 19 009

Virginia Lynchburg City County Lynchburg 24504 Central Business District

507 Church St, Lynchburg, VA

Not Listed for Sale

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