NOT LISTED FOR SALE

518 Perrymont Ave Lynchburg, VA 24502

Perrymont Neighborhood

Estimated Value: $244,000 - $254,000

3 Beds
1.5 Baths
1,381 Sq Ft
$180/Sq Ft Est. Value

Last Sold August 31, 2022

Last sale price $230,000 $167 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $1,484/month

3 Days on Market

Highlights

  • Ranch Style House
  • Screened Porch
  • Gas Log Fireplace
  • Wood Flooring
  • Forced Air Heating and Cooling System

About This Home

As of August 2022

This is a sought-after 3 bedroom home in the Heart of Lynchburg, VA. Updates include a new screened-in porch, newly painted walls and trim, cabinets painted in 2022, a bathroom updated in 2022, new central air, a new gas water heater, replacement windows, and Alder security system. The home has beautiful hardwood floors and an unfinished basement for storage! The location is only 1.2 miles from Lynchburg College, 2.4 miles from Liberty University, 5 miles from Randolph College, and very close to shopping, restaurants, and downtown Lynchburg. This home offers a stylish and fun touch with Lynchburg style. Call today for a showing!

Last Agent to Sell the Property

Stacy Powell

Keller Williams License #0225225057 Listed on: 07/29/2022

Keller Williams

Last Buyer's Agent

Jenny Entsminger

NextHome TwoFourFive License #0225218547

NextHome TwoFourFive

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,124

Year Built

  • Built in 1950

Lot Details

  • 10,724 Sq Ft Lot

Home Design

  • Ranch Style House
  • Shingle Roof

Interior Spaces

  • 1,381 Sq Ft Home
  • Gas Log Fireplace
  • Screened Porch
  • Basement Fills Entire Space Under The House
  • Attic Access Panel
  • Electric Range
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater

Community Details

  • Perrymont Subdivision

Listing and Financial Details

  • Assessor Parcel Number 05607017

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,124

Year Built

Built in 1950

Lot Details

0

Listing Details

  • FILLACRES: 0.2462
  • Directions: 518 Perrymont Ave.
  • ElementarySchool7: Perrymont Elem
  • HighSchool7: Heritage High
  • Lot Measurement: Acres
  • Lot Sq Ft: 10724.00
  • MiddleSchool7: PL Dunbar Midl
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 05607017
  • Year Built: 1950
  • Heating System: Forced Warm Air-Gas
  • Building Stories: One
  • Dwelling Styles: Ranch
  • Laundryroom Dim: 0.000 x 0.000
  • Living Room Dim: 12.000 x 19.000
  • Livingroom Len: 12.000
  • Livingroom Wid: 19.000
  • Masterbedroom Area: 224.000000
  • Master Bedroom Dim: 14.000 x 16.000
  • Masterbedroom Len: 14.000
  • Masterbedroom Wid: 16.000
  • 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: SUNSET HEIGHTS, BLK 7, LOTS 1
  • Reciprocal Listing: No
  • Second Bedroom: 14x11 Level: Level 1 Above Grade
  • Second Bedroom Area: 154.000000
  • Third Bedroom: 9x10 Level: Level 1 Above Grade
  • Third Bedroom Area: 90.000000
  • Above Grade Finished Sq Ft: 1381.00
  • ApplianceConvey: Range-Elec, Refrigerator
  • Has Attic: Access
  • Has Basement: Full
  • Flooring: Hardwood, Vinyl
  • Year Built Exception: 0
  • Fireplace: 1 Fireplace, Gas Log
  • Formal Dining: 12x10 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 1
  • First Level Half Bathrooms: 1
  • Interior Amenities: Main Level Bedroom
  • Dining Kitchen: 14x10 Level: Level 1 Above Grade
  • Laundry: Dryer Connection, Washer Connections
  • Living Room: 12x19 Level: Level 1 Above Grade
  • Master Bedroom: 14x16 Level: Level 1 Above Grade
  • Porch: 7x5 Level: Level 1 Above Grade
  • Screened Porch: 13x9 Level: Level 1 Above Grade
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 140.000000
  • LivingRoom Area: 228.000000
  • 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: 1-2
  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: Paved Drive, Screened Porch
  • Patio: 14x10 Level: Level 1 Above Grade

Garage/Parking

  • Garage Dim: 0.000 x 0.000

Utilities

  • Air Conditioner: Central Electric
  • Sewer: City
  • Hot Water: City
  • Water Heater: Gas

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors
  • Subdivision Complex: Perrymont

Schools

  • School District: Lynchburg
  • School District: Lynchburg

Lot Info

  • Lot Sq Ft: 1381.00

Tax Info

  • Estimated Taxes: 1124

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2022
Closed on
Aug 11, 2022
Sold by
Hytree Stacey L
Bought by
Watkins Winfred and Watkins Merredith T
Seller's Agent
Stacy Powell
Keller Williams
Buyer's Agent
Jenny Entsminger
NextHome TwoFourFive
List Price
$224,900
Sold Price
$230,000
Premium/Discount to List
$5,100
2.27%
Current Estimated Value
$248,102

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,102
Avg. Annual Appreciation
2.55%
Original Mortgage
$235,290
Outstanding Balance
$225,605
Interest Rate
5.54%
Mortgage Type
VA
Estimated Equity
$22,497

Purchase Details

Closed on
May 18, 2011
Sold by
Tuck Ricky E and Tuck Lynita F
Bought by
Hytree Stacey L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,500
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 10, 2011
Sold by
Pickeral Sarah C
Bought by
Tuck Ricky E and Tuck Lynita F
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
Watkins Winfred $230,000 --
Hytree Stacey L $128,500 None Available
Tuck Ricky E -- Relince Title & Settlement L
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Watkins Winfred $235,290
Previous Owner Hytree Stacey L $100,000
Previous Owner Hytree Stacey L $86,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2022 08/31/22 Sold $230,000 +2.3% $167 / Sq Ft
08/01/2022 08/01/22 Pending -- -- --
07/29/2022 07/29/22 For Sale $224,900 -- $163 / 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 $1,616 $181,600 $36,000 $145,600
2023 $1,616 $181,600 $36,000 $145,600
2022 $1,499 $135,000 $30,000 $105,000
2021 $1,124 $135,000 $30,000 $105,000
2020 $1,410 $127,000 $30,000 $97,000
2019 $1,410 $127,000 $30,000 $97,000
2018 $1,249 $112,500 $20,000 $92,500
2017 $1,249 $112,500 $20,000 $92,500
2016 $1,249 $112,500 $20,000 $92,500
2015 $1,249 $112,500 $20,000 $92,500
2014 $1,249 $112,500 $20,000 $92,500
Source: Public Records

Agents Affiliated with this Home

  • Stacy Powell

    Seller's Agent in 2022

    Stacy Powell

    Keller Williams

    (434) 444-1983

    8 in this area

    420 Total Sales

    Stacy Powell
    Section Image

  • J

    Buyer's Agent in 2022

    Jenny Entsminger

    NextHome TwoFourFive

    (434) 941-4951

    1 in this area

    64 Total Sales

    Jenny Entsminger
    Section Image
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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 339694

APN: 056-07-017

Virginia Lynchburg City County Lynchburg 24502 Perrymont

518 Perrymont Ave, Lynchburg, VA

This home is located at 518 Perrymont Ave, Lynchburg, VA 24502 since 29 July 2022 and is currently estimated at $248,102, approximately $179 per square foot. This property was built in 1950. 518 Perrymont Ave 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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