51 11th St Unit 16 Lynchburg, VA 24504
Central Business District Neighborhood
1
Bed
1
Bath
607
Sq Ft
610
Sq Ft Lot
Highlights
- City View
- Great Room
- 1-Story Property
- River Nearby
- Zoned Heating and Cooling
- 2-minute walk to Riverfront Park
About This Home
As of July 2022Highly Sought after Loft in the heart of Downtown Lynchburg! Enjoy City and River Views from your own balcony or the rooftop patio OR stroll along the lighted Bluff Walk for access to an abundance of culinary and socializing choices plus neat local stores for shopping. Whether you want to live here full time or use as an Air BNB and carve out a few nights for yourself- this is perfect! Fully furnished with all appliances, linens, cookware, etc. Seller's nightly rental rates: weekdays $100-125; Weekends $125-150; Graduation or High Demand weekends $300; Holidays $200. Sellers pay $25/mo for parking pass. Sellers have a No pet policy - All of this is totally up to you.
Last Agent to Sell the Property
Teresa Hudson
John Stewart Walker, Inc License #0225170883 Listed on: 06/17/2022
Last Buyer's Agent
Debbie Timberlake
Karl Miller Realty LLC License #0225179321
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,969
Year Built
- Built in 2017
Lot Details
- 610 Sq Ft Lot
- Property is zoned B4
HOA Fees
- $90 Monthly HOA Fees
Home Design
- Slab Foundation
- Shingle Roof
Interior Spaces
- 607 Sq Ft Home
- 1-Story Property
- Great Room
- Laminate Flooring
- City Views
Kitchen
- Electric Range
- <<microwave>>
- Dishwasher
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Full Bathroom
Laundry
- Laundry on main level
- Dryer
- Washer
Outdoor Features
- River Nearby
Schools
- Perrymont Elementary School
- Pl Dunbar Midl Middle School
- Heritage High School
Utilities
- Zoned Heating and Cooling
- Mini Split Air Conditioners
- Mini Split Heat Pump
- Electric Water Heater
Community Details
- Association fees include exterior maintenance, trash
- Downtown Subdivision
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 17, 2022
Closed on
Jul 11, 2022
Sold by
Max Sweet Properties Llc
Bought by
Strauss Michael It and Strauss Amy Love
Seller's Agent
Teresa Hudson
John Stewart Walker, Inc
Buyer's Agent
Debbie Timberlake
Karl Miller Realty LLC
List Price
$230,000
Sold Price
$225,000
Premium/Discount to List
-$5,000
-2.17%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.29%
Purchase Details
Listed on
Aug 6, 2019
Closed on
Jan 24, 2020
Sold by
Davidson Family Iii Llc
Bought by
Max Sweet Properties Llc
Seller's Agent
Wilbur Burger
RE/MAX 1st Olympic
Buyer's Agent
Teresa Hudson
John Stewart Walker, Inc
List Price
$189,000
Sold Price
$180,000
Premium/Discount to List
-$9,000
-4.76%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.54%
Original Mortgage
$144,000
Interest Rate
3.7%
Mortgage Type
Commercial
Similar Homes in Lynchburg, VA
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Bargain Sale Deed | $225,000 | Patel & Dalrymple | |
| Deed | $180,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $144,000 | Commercial |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/04/2025 07/04/25 | For Sale | $289,900 | 0.0% | $465 / Sq Ft |
| 06/12/2025 06/12/25 | Pending | -- | -- | -- |
| 05/22/2025 05/22/25 | For Sale | $289,900 | +28.8% | $465 / Sq Ft |
| 07/12/2022 07/12/22 | Sold | $225,000 | -2.2% | $371 / Sq Ft |
| 06/20/2022 06/20/22 | Pending | -- | -- | -- |
| 06/17/2022 06/17/22 | For Sale | $230,000 | +27.8% | $379 / Sq Ft |
| 01/30/2020 01/30/20 | Sold | $180,000 | -4.8% | $297 / Sq Ft |
| 01/03/2020 01/03/20 | Pending | -- | -- | -- |
| 08/06/2019 08/06/19 | For Sale | $189,000 | -- | $311 / 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 | $1,914 | $215,000 | $27,900 | $187,100 |
| 2023 | $1,913 | $215,000 | $27,900 | $187,100 |
| 2022 | $1,827 | $177,400 | $35,300 | $142,100 |
| 2021 | $1,969 | $177,400 | $35,300 | $142,100 |
| 2020 | $1,704 | $153,500 | $27,900 | $125,600 |
| 2019 | $1,704 | $153,500 | $27,900 | $125,600 |
| 2018 | $387 | $139,500 | $27,900 | $111,600 |
Source: Public Records
Agents Affiliated with this Home
-
D
Seller's Agent in 2025
Debbie Timberlake
Karl Miller Realty LLC
-
T
Seller's Agent in 2022
Teresa Hudson
John Stewart Walker, Inc
-
Wilbur Burger
Seller's Agent in 2020
Wilbur Burger
RE/MAX
(434) 665-9999
25 Total Sales
Map
Source: Lynchburg Association of REALTORS®
MLS Number: 338920
APN: 045-16-024
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