NOT LISTED FOR SALE

508 Stuart St Lynchburg, VA 24501

Miller Park Neighborhood

Estimated Value: $137,000 - $210,000

Studio
2 Baths
1,926 Sq Ft
$94/Sq Ft Est. Value

Sale Details

Date Sold: January 22, 2019

Last sale price $60,000 $31 Per Sq Ft

Est. 202% increase in value since last sale

Current estimated payment $1,070 / mo

104 Days on Market

About This Home

As of January 2019

New Price! The rental rates are significantly below market rental rates. Tenants currently on month to month leases since their initial leases expired years ago. 508 Stuart also available. Shown by appointment only to pre-approved buyers. Agent is related to the seller.

Last Agent to Sell the Property

Jimmy Rufus

eXp Realty LLC-Stafford License #0225183489 Listed on: 09/07/2018

eXp Realty LLC-Stafford

Last Buyer's Agent

Jimmy Rufus

eXp Realty LLC-Stafford License #0225183489 Listed on: 09/07/2018

eXp Realty LLC-Stafford

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $500

Year Built

  • Built in 1907

Lot Details

  • 6,011 Sq Ft Lot

Home Design

  • 1,926 Sq Ft Home

Schools

  • Rs Payne Elementary School
  • Pl Dunbar Midl Middle School
  • E. C. Glass High School

Listing and Financial Details

  • Assessor Parcel Number 00332016

Community Details

Overview

  • 2 Units

Building Details

  • Gross Income $8,580
  • Net Operating Income $6,780

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$500

Year Built

Built in 1907

Lot Details

6,011 Sq Ft Lot

Listing Details

  • FILLACRES: 0.1380
  • Directions: From Memorial, turn onto Stuart, property is on the left.
  • ElementarySchool7: RS Payne Elem
  • HighSchool7: E. C. Glass High
  • Lot Measurement: Acres
  • Lot Sq Ft: 6011.00
  • MiddleSchool7: PL Dunbar Midl
  • Days On Market: No
  • Property Subtype1: Multi-Family
  • Prop. Type: Multi-Family
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 00332016
  • Year Built: 1907
  • Unit Info Number Unfurnished Units: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Broker Approved: Yes
  • Legal Description: Forest Hill, Lot 7
  • Reciprocal Listing: No
  • Year Built Exception: 0

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors

Schools

  • School District: Lynchburg

Lot Info

  • Lot Sq Ft: 1926.00
  • Zoning: R-3

Tax Info

  • Estimated Taxes: 500

Multi Family

  • Annual Gross Income: 8580.00
  • Net Operating Income: 6780.00
  • Total Number Units: 2

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2018
Closed on
Dec 22, 2018
Sold by
Bought by
Seller's Agent
Jimmy Rufus
eXp Realty LLC-Stafford
Buyer's Agent
Jimmy Rufus
eXp Realty LLC-Stafford
List Price
$86,900
Sold Price
$60,000
Premium/Discount to List
-$26,900
-30.96%
Current Estimated Value
$181,217

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,217
Avg. Annual Appreciation
15.97%
Original Mortgage
$108,000
Outstanding Balance
$94,958
Interest Rate
4.7%
Mortgage Type
New Conventional
Estimated Equity
$86,259
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$120,000 Old Republic National Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $108,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/22/2019 01/22/19 Sold $60,000 -31.0% $31 / Sq Ft
12/20/2018 12/20/18 Pending -- -- --
09/07/2018 09/07/18 For Sale $86,900 -- $45 / Sq Ft
Source: Lynchburg Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,158 $137,900 $18,000 $119,900
2024 $680 $76,400 $12,000 $64,400
2023 $680 $76,400 $12,000 $64,400
2022 $700 $68,000 $6,000 $62,000
2021 $755 $68,000 $6,000 $62,000
2020 $497 $44,800 $6,000 $38,800
2019 $497 $44,800 $6,000 $38,800
2018 $497 $44,800 $6,000 $38,800
2017 $497 $44,800 $6,000 $38,800
2016 $497 $44,800 $6,000 $38,800
2015 $497 $44,800 $6,000 $38,800
2014 $497 $47,200 $6,000 $41,200
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2019

    Jimmy Rufus

    eXp Realty LLC-Stafford

    (434) 258-5362

    4 in this area

    201 Total Sales

    Jimmy Rufus
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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 314262

APN: 003-32-016

Virginia Lynchburg City County Lynchburg 24501 Miller Park

508 Stuart St, Lynchburg, VA

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