NOT LISTED FOR SALE

51 11th St Unit 1 Lynchburg, VA 24504

Central Business District Neighborhood

Estimated Value: $388,654 - $430,000

2 Beds
2 Baths
1,469 Sq Ft
$92/mo HOA Fee

Last Sold October 14, 2022

Last sale price $350,000 $238 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $2,574/month

31 Days on Market

Highlights

  • River Front
  • River Nearby
  • Walk-In Closet
  • 1,307 Sq Ft lot
  • Wood Flooring
  • 2-minute walk to Riverfront Park

About This Home

As of October 2022

Gorgeous views in downtown Lynchburg! This spacious two bedroom, two bathroom condo located off the bluffwalk has spectacular views of downtown and the James River. Unlike any other downtown living option with abundant enhancements that include Brazilian marble throughout the kitchen and bathrooms, Maple flooring, crown molding throughout, electric shades for the windows, and queen size Murphy bed in guest room. Ample-sized master suite is crowned with 12-foot ceilings and features a customized closet storage system with built in ladder. This home offers the convenience, accessibility, and opportunities of downtown living - steps from restaurants, shops, and the riverfront park where local events are held in the warmer months. Not one to miss!

Last Agent to Sell the Property

Josh Redmond

Mark A. Dalton & Co., Inc. License #0225200760 Listed on: 09/02/2022

Last Buyer's Agent

Gary Foster

RE/MAX 1st Olympic License #0225054061

RE/MAX 1st Olympic

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,872

Year Built

  • Built in 2017

Lot Details

  • 1,307

HOA Fees

  • $92 Monthly HOA Fees

Property Views

  • Water
  • City
  • Mountain

Interior Spaces

  • 1,469 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Screen For Fireplace
  • Living Room with Fireplace

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub Includes Tile Surround

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Home Security

Schools

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

Utilities

  • Mini Split Air Conditioners
  • Mini Split Heat Pump
  • Underground Utilities
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Additional Features

  • River Nearby
  • River Front

Community Details

Overview

  • Association fees include exterior maintenance, trash

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,872

Year Built

Built in 2017

Lot Details

0

HOA Fees

$92 per month

Listing Details

  • AssocFeeOptional: Required
  • Directions: From Jefferson Street go up the steps to the left of the Glass House and condo will be on the right Unit 1. From the Bluff Walk, take the steps down between the condos and MidPoint Apartments. Unit 1 will be down on the left.
  • Internet Providers: Comcast/Xfinity
  • Lot Measurement: Acres
  • Lot Sq Ft: 1307.00
  • Days On Market: No
  • Property Subtype1: Condominium
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • Year Built: 2017
  • Heating System: Mini-Split
  • Building Stories: One, See Remarks
  • Laundryroom Dim: 0.000 x 0.000
  • Living Room Dim: 18.000 x 14.000
  • Livingroom Len: 18.000
  • Livingroom Wid: 14.000
  • Masterbedroom Area: 270.000000
  • Master Bedroom Dim: 18.000 x 15.000
  • Masterbedroom Len: 18.000
  • Masterbedroom Wid: 15.000
  • Office Dim: 0.000 x 0.000
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement Bathrooms: 2.00
  • Bathrooms Display: 2 (2 0)
  • Lower Floor 1 Bedrooms: 2
  • Broker Approved: Yes
  • Legal Description: DOWNTOWN, 51 11TH STREET LOFTS, LOT 1
  • Reciprocal Listing: No
  • Second Bedroom: 17x13 Level: Level 1 Above Grade
  • Second Bedroom Area: 221.000000
  • Above Grade Finished Sq Ft: 1469.00
  • ApplianceConvey: Dishwasher, Microwave, Range-Elec
  • Has Attic: None
  • Has Basement: Other
  • Flooring: Hardwood, Tile
  • Year Built Exception: 0
  • Fireplace: 1 Fireplace, Living Room, Screen, Other
  • Level 1 Full Bathrooms: 2
  • Interior Amenities: Cable Available, Ceiling Fan(s), Drywall, High Speed Data Aval, Main Level Bedroom, Master Bed w/ Bath, Smoke Alarm, Tile Bath(s), Walk-In Closet(s)
  • Dining Kitchen: 14x10 Level: Level 1 Above Grade
  • Laundry: Dryer Connection, Laundry Closet, Main Level, Washer Connections
  • Living Room: 18x14 Level: Level 1 Above Grade
  • Master Bedroom: 18x15 Level: Level 1 Above Grade
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 140.000000
  • LivingRoom Area: 252.000000
  • Est Other Room1 Dim: 0.000 x 0.000
  • Est Other Room2 Dim: 0.000 x 0.000
  • Est Other Room3 Dim: 0.000 x 0.000
  • Rec Room Dim: 0.000 x 0.000
  • Sunroom Dim: 0.000 x 0.000

Exterior Features

  • Roof: Other
  • New Construction: Completed
  • Exterior Features: City View, River Nearby, Water View, Insulated Glass, Undergrnd Utilities, Mountain Views, River Front
  • Patio: 11x11 Level: Level 1 Above Grade

Garage/Parking

  • Garage Spaces: Other
  • Garage Dim: 0.000 x 0.000

Utilities

  • Utility Electric: AEP/Appalachian Powr
  • Air Conditioner: Mini-Split
  • Sewer: City
  • Hot Water: City
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Includes: Exterior Maintenance, Trash
  • HOA: Lynchburg Board of Realtors
  • Association Fee: 92.00

Association/Amenities

  • Entry Level Unit: 1

Schools

  • School District: Lynchburg
  • School District: Lynchburg

Lot Info

  • Lot Sq Ft: 1469.00
  • Zoning: B-4

Tax Info

  • Estimated Taxes: 2872

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 23, 2023
Sold by
Jlae Investment Management Inc
Bought by
Jlae Investment Management Llc
Total Days on Market
31
Current Estimated Value
$401,164

Purchase Details

Listed on
Sep 2, 2022
Closed on
Oct 12, 2022
Sold by
Rogers Robert A and Rogers Lisa S
Bought by
Jlae Investment Management Inc
Seller's Agent
Josh Redmond
Mark A. Dalton & Co., Inc.
Buyer's Agent
Gary Foster
RE/MAX 1st Olympic
List Price
$415,000
Sold Price
$350,000
Premium/Discount to List
-$65,000
-15.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.14%

Purchase Details

Listed on
Dec 9, 2018
Closed on
Feb 15, 2019
Sold by
Geveden Rex D
Bought by
Rogers Robert A and Rogers Lisa S
Seller's Agent
Josh Redmond
Mark A. Dalton & Co., Inc.
Buyer's Agent
Josh Redmond
Mark A. Dalton & Co., Inc.
List Price
$299,900
Sold Price
$294,000
Premium/Discount to List
-$5,900
-1.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.93%

Purchase Details

Closed on
Feb 12, 2018
Sold by
Geveden Rex Douglas and Geveden Gail Reddick
Bought by
Geveden Rex D and Rex D Geveden Revocable Trust

Purchase Details

Closed on
Jan 18, 2018
Sold by
Humble Llc
Bought by
Geveden Rex Douglas and Geveden Gail Reddick
Source: Public Records

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Range of Values:

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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
Jlae Investment Management Llc -- --
Jlae Investment Management Inc $350,000 Old Republic National Title
Rogers Robert A $294,000 Reliance Title & Setmnt Llc
Geveden Rex D -- None Available
Geveden Rex Douglas $235,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/14/2022 10/14/22 Sold $350,000 -15.7% $238 / Sq Ft
10/03/2022 10/03/22 Pending -- -- --
09/02/2022 09/02/22 For Sale $415,000 +41.2% $283 / Sq Ft
03/01/2019 03/01/19 Sold $294,000 -2.0% $200 / Sq Ft
02/13/2019 02/13/19 Pending -- -- --
12/09/2018 12/09/18 For Sale $299,900 -- $204 / 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 $2,863 $321,700 $42,300 $279,400
2023 $2,863 $321,700 $42,300 $279,400
2022 $2,666 $258,800 $42,300 $216,500
2021 $2,873 $258,800 $42,300 $216,500
2020 $2,581 $232,500 $42,300 $190,200
2019 $2,581 $232,500 $42,300 $190,200
2018 $587 $211,500 $42,300 $169,200
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    Josh Redmond

    Mark A. Dalton & Co., Inc.

    (434) 386-1998

    2 in this area

    385 Total Sales

    Josh Redmond
    Section Image
  • Gary Foster

    Buyer's Agent in 2022

    Gary Foster

    RE/MAX

    (434) 841-7537

    2 in this area

    111 Total Sales

    Gary Foster
    Section Image
See All Agents

Map

Source: Lynchburg Association of REALTORS®

MLS Number: 340263

APN: 045-16-011

Virginia Lynchburg City County Lynchburg 24504 Central Business District

51 11th St Unit 1, Lynchburg, VA

This home is located at 51 11th St Unit 1, Lynchburg, VA 24504 since 02 September 2022 and is currently estimated at $401,164, approximately $273 per square foot. This property was built in 2017. 51 11th St Unit 1 is a home located in Lynchburg City with nearby schools including Perrymont Elementary School, Paul Laurence Dunbar Mid. for Innov., and Heritage High School.

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