NOT LISTED FOR SALE

51 11th St Unit 7 Lynchburg, VA 24504

Central Business District Neighborhood

Estimated Value: $239,434 - $271,000

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

Last Sold July 21, 2023

Last sale price $224,000 $368 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $1,684/month

2 Days on Market

Highlights

  • River Front
  • Tile Flooring
  • Garden
  • Laundry closet
  • 1-Story Property
  • 2-minute walk to Riverfront Park

About This Home

As of July 2023

Rare opportunity to own a piece of real estate in Downtown Lynchburg! Located on the Bluffwalk this condo is one of only a couple available units downtown. This ground level unit, has a private balcony with river views, and is a short walk to some of the best restaurants and trails in Lynchburg. Features of this 608 sq. ft. home include vinyl plank flooring, huge windows, newer ductless mini splits, and a convenient in-unit washer/dryer. Beyond a functional entryway, the home flows into a bright and open floor plan, with granite counters, a breakfast bar, and stainless steel appliances in the kitchen. The bedroom sits just off the living area. The bathroom has a walk-in shower and large vanity with granite counter. 51 11th St condos have shared rooftop decks with views of the Riverfront Park and James River and bike racks at the entrance to each area. Art Alley connects Commerce St to the condos and parking is available in the nearby garages and lots.

Last Agent to Sell the Property

Dave Marple

BHHS Dawson Ford Garbee License #0225216332 Listed on: 06/14/2023

BHHS Dawson Ford Garbee

Last Buyer's Agent

Jimmy Rufus

eXp Realty LLC-Stafford License #0225183489

eXp Realty LLC-Stafford

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,887

Year Built

  • Built in 2017

Lot Details

  • River Front
  • Landscaped
  • Garden

HOA Fees

  • $90 Monthly HOA Fees

Property Views

  • Water
  • City
  • Mountain

Interior Spaces

  • 608 Sq Ft Home
  • 1-Story Property
  • Apartment Living Space in Basement

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Tile
  • Vinyl Plank

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry closet
  • Dryer
  • Washer

Schools

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

Utilities

  • Mini Split Air Conditioners
  • Mini Split Heat Pump
  • Electric Water Heater

Community Details

  • Association fees include exterior maintenance, grounds maintenance, roof, sewer, trash

Listing and Financial Details

  • Assessor Parcel Number 04516016

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,887

Year Built

Built in 2017

Lot Details

0

HOA Fees

$90 per month

Listing Details

  • FILLACRES: 0.0140
  • AssocFeeOptional: Required
  • Directions: Enter from Commerce Ct and 11th St at Art Alley. Unit 7 is in the center section of condos and the entrance is from The Bluffwalk. 15min parking on Art Alley.
  • ElementarySchool7: Perrymont Elem
  • HighSchool7: Heritage High
  • Internet Providers: Comcast/Xfinity, Verizon
  • 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: 04516016
  • Year Built: 2017
  • Heating System: Mini-Split
  • 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: Dishwasher, Disposal, Dryer, Range-Elec, Refrigerator, Washer
  • Has Attic: None
  • Has Basement: Apartment
  • Flooring: Tile, Vinyl Plank
  • Year Built Exception: 0
  • Level 1 Full Bathrooms: 1
  • Interior Amenities: Drywall
  • Dining Kitchen: 13x15 Level: Level 1 Above Grade
  • Laundry: Dryer Connection, Laundry Closet, Washer Connections
  • Living Room: 14x15 Level: Level 1 Above Grade
  • Master Bedroom: 11x11 Level: Level 1 Above Grade
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 195.000000
  • 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: City View, Water View, Garden Space, Landscaped, Mountain Views, River Front

Garage/Parking

  • 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, Grounds Maintenance, Roof, Sewer, Trash
  • HOA: Lynchburg Board of Realtors
  • Association Fee: 90.00

Association/Amenities

  • Entry Level Unit: 7

Schools

  • School District: Lynchburg
  • School District: Lynchburg

Lot Info

  • Lot Sq Ft: 608.00

Tax Info

  • Estimated Taxes: 1887

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2023
Closed on
Jun 29, 2023
Sold by
Cook David B
Bought by
Voggenreiter Kurt Evan and Knowles Voggenreiter Angel
Seller's Agent
Dave Marple
BHHS Dawson Ford Garbee
Buyer's Agent
Jimmy Rufus
eXp Realty LLC-Stafford
List Price
$224,000
Sold Price
$224,000
Views
10
Current Estimated Value
$259,685

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,685
Avg. Annual Appreciation
3.60%
Original Mortgage
$168,000
Outstanding Balance
$164,761
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$76,006

Purchase Details

Closed on
Jan 18, 2018
Sold by
Humble Llc
Bought by
Cook David B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,250
Interest Rate
3.99%
Mortgage Type
New Conventional
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
Voggenreiter Kurt Evan $224,000 None Listed On Document
Cook David B $155,000 Advantage Title & Closing Ll
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Voggenreiter Kurt Evan $168,000
Previous Owner Cook David B $147,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2023 07/21/23 Sold $224,000 0.0% $368 / Sq Ft
06/16/2023 06/16/23 Pending -- -- --
06/14/2023 06/14/23 For Sale $224,000 -- $368 / 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 $1,751 $170,000 $27,900 $142,100
2021 $1,887 $170,000 $27,900 $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

  • D

    Seller's Agent in 2023

    Dave Marple

    BHHS Dawson Ford Garbee

    Section Image

  • J

    Buyer's Agent in 2023

    Jimmy Rufus

    eXp Realty LLC-Stafford

    (434) 385-5301

    8 in this area

    222 Total Sales

    Section Image
See All Agents

Map

Source: Lynchburg Association of REALTORS®

MLS Number: 344270

APN: 045-16-016

Virginia Lynchburg City County Lynchburg 24504 Central Business District

51 11th St Unit 7, Lynchburg, VA

This home is located at 51 11th St Unit 7, Lynchburg, VA 24504 since 14 June 2023 and is currently estimated at $251,859, approximately $414 per square foot. This property was built in 2017. 51 11th St Unit 7 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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