NOT LISTED FOR SALE

511 Florida Ave Lynchburg, VA 24504

White Rock Hill Neighborhood

Estimated Value: $101,000 - $117,563

3 Beds
1.5 Baths
1,608 Sq Ft
$66/Sq Ft Est. Value

Last Sold May 15, 2023

Last sale price $85,500 $53 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $651/month

57 Days on Market

Highlights

  • Wood Flooring
  • Storm Windows
  • Garden
  • Main Floor Bedroom
  • Laundry Room
  • Landscaped

About This Home

As of May 2023

Perfect starter home or turn-key investment property, literally several houses from Main St downtown. This 3BR/1.5BA home was previously a long term rental property for many years, until tenants recently moved out.Home offers heat pump, newer architectural shingled roof, updated 200 amp electrical service, updated bathrooms, vinyl siding, vinyl replacement windows, & new vinyl planking in finished 3rd bedroom area in basement. The 1st level offers a bedroom, half bath, & large open kitchen. The 2nd level offers another large bedroom with a full bathroom on this level. The finished basement has a 3rd BR or den, however you chose to use it! Large laundry and storage room off the den, for additional space. This home is located at the lower Main St area, with just a short walk, jog, or drive to downtown, biking trails, restaurants, & much more! Move right in or rent it right away!

Last Agent to Sell the Property

Mike Osei

Long & Foster-Forest License #0225209432 Listed on: 02/17/2023

Long & Foster-Forest

Last Buyer's Agent

Schyler Higgins

Cornerstone Realty Group Inc. License #0225225837

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $673

Year Built

  • Built in 1900

Lot Details

  • 8,956 Sq Ft Lot
  • Landscaped
  • Garden
  • Property is zoned R-3

Home Design

  • Shingle Roof

Interior Spaces

  • 1,608 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Attic Access Panel
  • Electric Range

Flooring

  • Wood
  • Carpet
  • Vinyl Plank

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Interior and Exterior Basement Entry
  • Laundry in Basement

Home Security

  • Storm Windows
  • Storm Doors
  • Fire and Smoke Detector

Schools

  • Wm Bass Elementary School
  • Sandusky Midl Middle School
  • Heritage High School

Utilities

  • Heat Pump System
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 04840007

Home Details

Home Type

Single Family

Est. Annual Taxes

$673

Year Built

Built in 1900

Lot Details

0

Listing Details

  • FILLACRES: 0.2056
  • Directions: From downtown Main St, to right on Florida Ave, home on right with sign.
  • ElementarySchool7: WM Bass Elem
  • HighSchool7: Heritage High
  • Internet Providers: Comcast/Xfinity
  • Lot Measurement: Acres
  • Lot Sq Ft: 8956.00
  • MiddleSchool7: Sandusky Midl
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 04840007
  • Year Built: 1900
  • Heating System: Heat Pump
  • Building Stories: Two
  • Dwelling Styles: Two Story
  • Foyer Area: 68.000000
  • Laundryroom Dim: 12.000 x 10.000
  • Laundryroom Len: 12.000
  • Living Room Dim: 0.000 x 0.000
  • Masterbedroom Area: 210.000000
  • Master Bedroom Dim: 15.000 x 14.000
  • Masterbedroom Len: 15.000
  • Masterbedroom Wid: 14.000
  • Office Dim: 0.000 x 0.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 2.00
  • Bathrooms Display: 2 (1 1)
  • Lower Floor 1 Bedrooms: 3
  • Broker Approved: Yes
  • Legal Description: DAVIS ADD, BLK D 36, LOT B
  • Reciprocal Listing: No
  • Second Bedroom: 15x12 Level: Level 2 Above Grade
  • Second Bedroom Area: 180.000000
  • Third Bedroom: 12x9 Level: Below Grade
  • Third Bedroom Area: 108.000000
  • Above Grade Finished Sq Ft: 1398.00
  • ApplianceConvey: Range-Elec, Refrigerator
  • Has Attic: Access
  • Has Basement: Exterior Entrance, Finished, Heated, Interior Entrance, Walkout
  • Flooring: Carpet, Vinyl Plank, Wood
  • Year Built Exception: 0
  • Deck: 19x4 Level: Level 1 Above Grade
  • Foyer: 17x4 Level: Level 1 Above Grade
  • Level 2 Full Bathrooms: 1
  • First Level Half Bathrooms: 1
  • Interior Amenities: Cable Available, Cable Connections, Ceiling Fan(s), Drywall, High Speed Data Aval, Main Level Bedroom, Smoke Alarm
  • Dining Kitchen: 21x12 Level: Level 1 Above Grade
  • Laundry: Basement, Dryer Connection, Laundry Room, Separate Laundry Rm., Washer Connections
  • Laundry Room: 12x10 Level: Below Grade
  • Master Bedroom: 15x14 Level: Level 1 Above Grade
  • Porch: 14x6 Level: Level 1 Above Grade
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 252.000000
  • Laundry Room Area: 120.000000
  • 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

  • Lot Number: B
  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: Garden Space, Landscaped, Storm Windows, Storm Doors, Insulated Glass

Garage/Parking

  • Garage Dim: 0.000 x 0.000

Utilities

  • Utility Electric: AEP/Appalachian Powr
  • Air Conditioner: Heat Pump
  • Sewer: City
  • Hot Water: City
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors

Schools

  • School District: Lynchburg
  • School District: Lynchburg

Lot Info

  • Lot Sq Ft: 1608.00
  • Zoning: R-3

Tax Info

  • Estimated Taxes: 673

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2023
Closed on
May 8, 2023
Sold by
Luper William D and Luper Joanna K
Bought by
Lcg Properties Llc
Seller's Agent
Mike Osei
Long & Foster-Forest
Buyer's Agent
Schyler Higgins
Cornerstone Realty Group Inc.
List Price
$89,900
Sold Price
$85,500
Premium/Discount to List
-$4,400
-4.89%
Views
410
Current Estimated Value
$110,050

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,550
Avg. Annual Appreciation
8.38%
Original Mortgage
$68,400
Interest Rate
6.32%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
May 24, 2021
Closed on
Jun 18, 2021
Sold by
Scott Warren M
Bought by
Luper William D and Luper Joanna K
Seller's Agent
Mike Osei
Long & Foster-Forest
Buyer's Agent
Mike Osei
Long & Foster-Forest
List Price
$78,900
Sold Price
$75,000
Premium/Discount to List
-$3,900
-4.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.14%
Original Mortgage
$56,250
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 13, 2009
Sold by
Callow Ay Temple Milton
Bought by
Calloway Cleodis M
Source: Public Records

Range of Values:

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Average Value
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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
Lcg Properties Llc $85,500 Fidelity National Title
Luper William D $75,000 Sage Title
Calloway Cleodis M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lcg Properties Llc $280,000
Closed Lcg Properties Llc $68,400
Previous Owner Luper William D $56,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2023 05/15/23 Sold $85,500 -4.9% $53 / Sq Ft
04/15/2023 04/15/23 Pending -- -- --
04/06/2023 04/06/23 For Sale $89,900 0.0% $56 / Sq Ft
03/30/2023 03/30/23 Pending -- -- --
03/28/2023 03/28/23 Price Changed $89,900 -5.3% $56 / Sq Ft
03/07/2023 03/07/23 Price Changed $94,900 -13.6% $59 / Sq Ft
02/25/2023 02/25/23 Price Changed $109,900 -4.4% $68 / Sq Ft
02/17/2023 02/17/23 For Sale $115,000 +53.3% $72 / Sq Ft
06/22/2021 06/22/21 Sold $75,000 -4.9% $47 / Sq Ft
05/27/2021 05/27/21 Pending -- -- --
05/24/2021 05/24/21 For Sale $78,900 -- $49 / 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 $570 $64,100 $8,300 $55,800
2023 $570 $64,100 $8,300 $55,800
2022 $624 $60,600 $5,800 $54,800
2021 $673 $60,600 $5,800 $54,800
2020 $282 $25,400 $3,800 $21,600
2019 $282 $25,400 $3,800 $21,600
2018 $282 $25,400 $3,800 $21,600
2017 $282 $25,400 $3,800 $21,600
2016 $282 $25,400 $3,800 $21,600
2015 $282 $25,400 $3,800 $21,600
2014 $282 $25,400 $3,800 $21,600
Source: Public Records

Agents Affiliated with this Home

  • Mike Osei

    Seller's Agent in 2023

    Mike Osei

    Long & Foster-Forest

    (434) 444-6206

    20 in this area

    296 Total Sales

    Section Image
  • Schyler Higgins

    Buyer's Agent in 2023

    Schyler Higgins

    Cornerstone Realty Group Inc.

    (434) 485-9527

    6 in this area

    443 Total Sales

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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 342633

APN: 048-40-007

Virginia Lynchburg City County Lynchburg 24504 White Rock Hill

511 Florida Ave, Lynchburg, VA

This home is located at 511 Florida Ave, Lynchburg, VA 24504 since 17 February 2023 and is currently estimated at $106,141, approximately $66 per square foot. This property was built in 1900. 511 Florida Ave is a home located in Lynchburg City with nearby schools including William M. Bass Elementary School, Sandusky Middle School, and Heritage High School.

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