NOT LISTED FOR SALE

51 11th St Unit 22 Lynchburg, VA 24504

Central Business District Neighborhood

Estimated Value: $198,000 - $256,000

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

Last Sold March 30, 2020

Last sale price $190,000 $317 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $1,457/month

29 Days on Market

Highlights

  • River Front
  • Ceiling Fan
  • 2-minute walk to Riverfront Park
  • 1-Story Property
  • High Speed Internet

About This Home

As of March 2020

Owner is the listing agent. 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. It also has a solid short term rental history, which will be passed along. Approved for short term rentals with the zoning. The unit has upgraded lighting/fans. Upgraded kitchen backsplash. The furnishings will convey. There is also a roof top patio for more entertaining space. A ring (camera) doorbell is installed, as well as a smart schlage lock.

Last Agent to Sell the Property

Jimmy Rufus

eXp Realty LLC-Fredericksburg License #0225183489 Listed on: 02/10/2020

eXp Realty LLC-Fredericksburg

Last Buyer's Agent

Sarah LaFrance

Mark A. Dalton & Co., Inc. License #0225229533

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,550

Year Built

  • Built in 2018

Lot Details

  • River Front

HOA Fees

  • $90 Monthly HOA Fees

Home Design

  • Slab Foundation

Interior Spaces

  • 600 Sq Ft Home
  • 1-Story Property
  • Wired For Sound
  • Ceiling Fan
  • Drapes & Rods
  • Laminate Flooring

Kitchen

  • Self-Cleaning Oven
  • Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Schools

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

Utilities

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

Community Details

  • Association fees include exterior maintenance, grounds maintenance

Listing and Financial Details

  • Assessor Parcel Number 04516030

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,550

Year Built

Built in 2018

Lot Details

0

HOA Fees

$90 per month

Listing Details

  • 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 third tower. Unit 22 on third floor.
  • Internet Providers: Comcast/Xfinity
  • Lot Measurement: Acres
  • Lot Sq Ft: 610.00
  • Days On Market: No
  • Property Subtype1: Condominium
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 04516030
  • Year Built: 2018
  • Heating System: Wall/Space Unit
  • Building Stories: One
  • Laundryroom Dim: 0.000 x 0.000
  • Living Room Dim: 0.000 x 0.000
  • 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: 600.00
  • ApplianceConvey: Cooktop, Dishwasher, Dryer, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Has Attic: None
  • Has Basement: Slab
  • Flooring: Laminate
  • Year Built Exception: 0
  • Level 1 Full Bathrooms: 1
  • Interior Amenities: Apartment, Cable Available, Cable Connections, Ceiling Fan(s), Drapes, High Speed Data Aval, Multi Media Wired
  • Laundry: Laundry Closet, Main Level
  • Master Bedroom: 11x11 Level: Level 3 Above Grade
  • Livinggreat Room Dim: 0.000 x 0.000
  • 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: Other
  • Sewer: City
  • Hot Water: City
  • Water Heater: Electric

Condo/Co-op/Association

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

Association/Amenities

  • Entry Level Unit: 22

Schools

  • School District: Lynchburg
  • School District: Lynchburg

Lot Info

  • Lot Sq Ft: 600.00
  • Zoning: B-4

Tax Info

  • Estimated Taxes: 1550

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2020
Closed on
Mar 17, 2020
Sold by
Tlf Holdings Llc
Bought by
Pavlides Paul
Seller's Agent
Jimmy Rufus
eXp Realty LLC-Fredericksburg
Buyer's Agent
Sarah LaFrance
Mark A. Dalton & Co., Inc.
List Price
$199,900
Sold Price
$190,000
Premium/Discount to List
-$9,900
-4.95%
Total Days on Market
29
Current Estimated Value
$227,397

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,397
Avg. Annual Appreciation
3.52%
Original Mortgage
$142,500
Outstanding Balance
$127,327
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$100,070

Purchase Details

Closed on
Jul 25, 2018
Sold by
Humble Llc
Bought by
Tlf Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,920
Interest Rate
4.5%
Mortgage Type
Credit Line Revolving
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
Pavlides Paul $190,000 None Available
Tlf Holdings Llc $159,900 Rellance Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pavlides Paul $142,500
Previous Owner Tlf Holdings Llc $127,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2020 03/30/20 Sold $190,000 -5.0% $317 / Sq Ft
03/10/2020 03/10/20 Pending -- -- --
02/10/2020 02/10/20 For Sale $199,900 -- $333 / 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 $1,913 $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 $1,161 $139,500 $27,900 $111,600
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    Jimmy Rufus

    eXp Realty LLC-Fredericksburg

    (434) 385-5301

    Section Image

  • S

    Buyer's Agent in 2020

    Sarah LaFrance

    Mark A. Dalton & Co., Inc.

    (434) 444-4615

    40 Total Sales

    Sarah LaFrance
    Section Image
See All Agents

Map

Source: Lynchburg Association of REALTORS®

MLS Number: 323208

APN: 045-16-030

Virginia Lynchburg City County Lynchburg 24504 Central Business District

51 11th St Unit 22, Lynchburg, VA

This home is located at 51 11th St Unit 22, Lynchburg, VA 24504 since 10 February 2020 and is currently estimated at $227,397, approximately $378 per square foot. This property was built in 2018. 51 11th St Unit 22 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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