NOT LISTED FOR SALE

51 11th St Unit 20 Lynchburg, VA 24504

Central Business District Neighborhood

Estimated Value: $199,033 - $283,000

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

Last Sold February 25, 2021

Last sale price $195,000 $321 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $1,581/month

127 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 February 2021

The Highest demanded area in the Lynchburg market, DOWNTOWN! Here is your chance to get in on the action. This one bedroom loft has incredible views, while being the most convenient location. 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. Another perk of this condo is its reasonable monthly HOA of $90. Built in 2018, the per square foot price of this condo will make a great investment.

Last Agent to Sell the Property

Jimmy Rufus

eXp Realty LLC-Stafford License #0225183489 Listed on: 09/10/2020

eXp Realty LLC-Stafford

Last Buyer's Agent

Chris Johnson

Long & Foster-Forest License #0225191124

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 04516028

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 down to the second tower. Unit 20 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: 04516028
  • 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: 20

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
Sep 10, 2020
Closed on
Feb 17, 2021
Sold by
Dnp Properties Llc
Bought by
Flynn Daniel J and Flynn Nora C
Seller's Agent
Jimmy Rufus
eXp Realty LLC-Stafford
Buyer's Agent
Chris Johnson
Long & Foster-Forest
List Price
$199,500
Sold Price
$195,000
Premium/Discount to List
-$4,500
-2.26%
Current Estimated Value
$249,508

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,508
Avg. Annual Appreciation
5.52%
Original Mortgage
$156,000
Outstanding Balance
$139,404
Interest Rate
2.65%
Mortgage Type
New Conventional
Estimated Equity
$110,104

Purchase Details

Closed on
Jan 18, 2018
Sold by
Humble Llc
Bought by
Dnp Properties 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
Flynn Daniel J $195,000 First American Title
Dnp Properties Llc $155,000 Reliance Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flynn Daniel J $156,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/25/2021 02/25/21 Sold $195,000 -2.3% $321 / Sq Ft
01/15/2021 01/15/21 Pending -- -- --
09/10/2020 09/10/20 For Sale $199,500 -- $328 / 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
2025 $2,016 $240,000 $28,000 $212,000
2024 $1,914 $215,000 $27,900 $187,100
2023 $1,913 $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 $1,548 $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) 258-5362

    8 in this area

    218 Total Sales

    Jimmy Rufus
    Section Image

  • C

    Buyer's Agent in 2021

    Chris Johnson

    Long & Foster-Forest

    (434) 316-6100

    1 in this area

    105 Total Sales

    Chris Johnson
    Section Image
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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 327175

APN: 045-16-028

Virginia Lynchburg City County Lynchburg 24504 Central Business District

51 11th St Unit 20, Lynchburg, VA

This home is located at 51 11th St Unit 20, Lynchburg, VA 24504 since 10 September 2020 and is currently estimated at $249,508, approximately $410 per square foot. This property was built in 2018. 51 11th St Unit 20 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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