NOT LISTED FOR SALE

51 11th St Unit 19 Lynchburg, VA 24504

Central Business District Neighborhood

Estimated Value: $223,139 - $289,000

1 Bed
1 Bath
608 Sq Ft
$90/mo HOA Fee

Last Sold May 07, 2021

Last sale price $205,000 $337 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $1,626/month

36 Days on Market

Highlights

  • River Front
  • High Speed Internet
  • 2-minute walk to Riverfront Park
  • 1-Story Property
  • Mini Split Air Conditioners

About This Home

As of May 2021

The Highest demanded area in the Lynchburg market, DOWNTOWN! Here is your chance to get in on the action. This unit is the personal loft of the builder and has many upgrades, to include fans in the living room and bedroom, brick accent walls and backsplashes, built ins and a tile bathroom floor, not to mention the incredible views, while being in the most convenient location. All furniture and appliances to convey. Located on the Bluff Walk, close to many restaurants and bars. Come join the fun. Want a weekend getaway? This space is approved for short term rentals. Rent this out during the week and use it as a second home on weekends. There is also a roof top patio for more entertaining space above this penthouse unit. PLEASE NOTE: THIS UNIT CURRENTLY HAS A LONG TERM TENANT UNITL THE END OF THE YEAR. IF THE NUMBERS DO NOT WORK FOR YOU ON THIS INVESTMENT, LOOKING AT IT WILL NOT HELP, WE ARE MINIMIZING DISTURBING THE LONG TERM TENANT.

Last Agent to Sell the Property

Jimmy Rufus

eXp Realty LLC-Stafford License #0225183489 Listed on: 02/04/2021

eXp Realty LLC-Stafford

Last Buyer's Agent

Josh Redmond

Mark A. Dalton & Co., Inc. License #0225200760

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,704

Year Built

  • Built in 2018

Lot Details

  • River Front

HOA Fees

  • $90 Monthly HOA Fees

Home Design

  • Slab Foundation

Interior Spaces

  • 608 Sq Ft Home
  • 1-Story Property
  • Laminate Flooring

Kitchen

  • Self-Cleaning Oven
  • Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Home Security

Schools

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

Utilities

  • Mini Split Air Conditioners
  • Heating System Mounted To A Wall or Window
  • Underground Utilities
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 04516027

Community Details

Overview

  • Association fees include exterior maintenance, grounds maintenance, trash

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,704

Year Built

Built in 2018

Lot Details

0

HOA Fees

$90 per month

Listing Details

  • FILLACRES: 0.0140
  • Directions: Walk down 11th from the corner of 11th and Commerce St towards the bluff walk, building on the left at the intersection of the bluff walk and 11th, walk to the first tower. Unit 19 on third floor.
  • ElementarySchool7: Perrymont Elem
  • HighSchool7: Heritage High
  • Internet Providers: Comcast/Xfinity
  • Lot Measurement: Acres
  • Lot Sq Ft: 610.00
  • MiddleSchool7: PL Dunbar Midl
  • Days On Market: No
  • Property Subtype1: Condominium
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 04516027
  • Year Built: 2018
  • Heating System: Wall/Space Unit
  • Building Stories: One
  • Laundryroom Dim: 0.000 x 0.000
  • Living Room Dim: 14.000 x 15.000
  • Livingroom Len: 14.000
  • Livingroom Wid: 15.000
  • Masterbedroom Area: 121.000000
  • Master Bedroom Dim: 11.000 x 11.000
  • Masterbedroom Len: 11.000
  • Masterbedroom Wid: 11.000
  • Office Dim: 0.000 x 0.000
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement Bathrooms: 1.00
  • Bathrooms Display: 1 (1 0)
  • Lower Floor 1 Bedrooms: 1
  • Broker Approved: Yes
  • Legal Description: DOWNTOWN, 51 11TH STREET LOFTS, LOT 1
  • Reciprocal Listing: No
  • Above Grade Finished Sq Ft: 608.00
  • ApplianceConvey: Cooktop, Dishwasher, Dryer, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Has Attic: None
  • Has Basement: Slab
  • Flooring: Laminate
  • Year Built Exception: 0
  • Deck: 9x5 Level: Level 3 Above Grade
  • Level 1 Full Bathrooms: 1
  • Interior Amenities: Apartment, Cable Available, Cable Connections, High Speed Data Aval, Smoke Alarm
  • Dining Kitchen: 15x14 Level: Level 3 Above Grade
  • Laundry: Laundry Closet, Main Level
  • Living Room: 14x15 Level: Level 3 Above Grade
  • Master Bedroom: 11x11 Level: Level 3 Above Grade
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 210.000000
  • LivingRoom Area: 210.000000
  • 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: Insulated Glass, Undergrnd Utilities, River Front

Garage/Parking

  • Garage Dim: 0.000 x 0.000

Utilities

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

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Includes: Exterior Maintenance, Grounds Maintenance, Trash
  • HOA: Lynchburg Board of Realtors
  • Association Fee: 90.00

Association/Amenities

  • Entry Level Unit: 19

Schools

  • School District: Lynchburg
  • School District: Lynchburg

Lot Info

  • Lot Sq Ft: 608.00
  • Zoning: B-4

Tax Info

  • Estimated Taxes: 1704

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2021
Closed on
Apr 20, 2021
Sold by
Kfo Enterprises Llc
Bought by
Gudmundsson Brian H and Gudmundsson Cherie L
Seller's Agent
Jimmy Rufus
eXp Realty LLC-Stafford
Buyer's Agent
Josh Redmond
Mark A. Dalton & Co., Inc.
List Price
$209,900
Sold Price
$205,000
Premium/Discount to List
-$4,900
-2.33%
Current Estimated Value
$254,535

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,535
Avg. Annual Appreciation
4.39%
Original Mortgage
$125,000
Outstanding Balance
$96,501
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$150,595

Purchase Details

Closed on
Jan 18, 2018
Sold by
Humble Llc
Bought by
Kfo Enterprises Llc
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Gudmundsson Brian H $205,000 Reliance Title
Kfo Enterprises Llc $159,900 Reliance Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gudmundsson Brian H $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/07/2021 05/07/21 Sold $205,000 -2.3% $337 / Sq Ft
03/12/2021 03/12/21 Pending -- -- --
02/04/2021 02/04/21 For Sale $209,900 -- $345 / 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 $1,914 $215,000 $27,900 $187,100
2023 $1,914 $215,000 $27,900 $187,100
2022 $1,899 $184,400 $42,300 $142,100
2021 $2,047 $184,400 $42,300 $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

  • J

    Seller's Agent in 2021

    Jimmy Rufus

    eXp Realty LLC-Stafford

    (434) 385-5301

    8 in this area

    220 Total Sales

    Jimmy Rufus
    Section Image

  • J

    Buyer's Agent in 2021

    Josh Redmond

    Mark A. Dalton & Co., Inc.

    (434) 386-1998

    2 in this area

    375 Total Sales

    Josh Redmond
    Section Image
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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 329539

APN: 045-16-027

Virginia Lynchburg City County Lynchburg 24504 Central Business District

51 11th St Unit 19, Lynchburg, VA

This home is located at 51 11th St Unit 19, Lynchburg, VA 24504 since 04 February 2021 and is currently estimated at $254,535, approximately $418 per square foot. This property was built in 2018. 51 11th St Unit 19 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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