NOT LISTED FOR SALE

5412 Campbell Hwy Lynchburg, VA 24501

Estimated Value: $86,000

3 Beds
1 Bath
1,914 Sq Ft
$45/Sq Ft Est. Value

Last Sold May 05, 2021

Last sale price $231,000 $121 Per Sq Ft

Current estimated payment $455/month

3 Days on Market

About This Home

As of May 2021

DUPLEX! Amazing investment opportunity with a rare duplex find right outside Lynchburg city limits in Campbell county. Only 5-6 minutes from Liberty University, this makes a great rental investment for both families and college students alike. Buy as an investment or live in one side while the other side pays for most of the mortgage payment! Upgrades include both heat pumps, roof, and vinyl siding all replaced in 2016. Unit A was completely remodeled in 2017 and unit B was painted throughout and new vinyl plank flooring in living room in 2019. Also, owners added a brand new well filtration system in 2020! Beautiful hardwood floors in upstairs throughout both units. Possibility of more development on property as well. Don't wait long for this very low maintenance rare duplex find in Campbell County.

Last Agent to Sell the Property

Andrew Bonner

Nolen Real Estate License #0225239581 Listed on: 03/24/2021

Last Buyer's Agent

Rebekah Taylor

Mark A. Dalton & Co., Inc. License #0225251863

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $650

Year Built

  • Built in 1970

Lot Details

  • 3.87 Acre Lot

Parking

  • Off-Street Parking

Home Design

  • 1,914 Sq Ft Home

Flooring

  • Wood
  • Ceramic Tile
  • Vinyl

Schools

  • Rustburg Elementary School
  • Rustburg Midl Middle School
  • Rustburg High School

Utilities

  • Heat Pump System
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 15B-4-6

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$650

Year Built

Built in 1970

Lot Details

0

Listing Details

  • FILLACRES: 3.8730
  • Directions: From Lynchburg, take Hwy 460 heading East. Take Campbell exit and head right on Campbell Hwy, house is +/- 3 miles on right, sign in yard
  • ElementarySchool4: Rustburg Elem
  • HighSchool4: Rustburg High
  • Internet Providers: Shentel
  • Lot Measurement: Acres
  • Lot Sq Ft: 168708.00
  • MiddleSchool4: Rustburg Midl
  • Days On Market: No
  • Property Subtype1: Multi-Family
  • Prop. Type: Multi-Family
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 15B-4-6
  • Year Built: 1970
  • Heating System: Heat Pump
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Broker Approved: Yes
  • Legal Description: LOTS 4-7 & ADJ - FOSTER FARM
  • Reciprocal Listing: No
  • Flooring: Ceramic Tile, Vinyl, Wood Floors
  • Year Built Exception: 0
  • Walls: Drywall

Garage/Parking

  • Parking: Off Street Parking

Utilities

  • Utility Electric: American Electric
  • Cooling: Heat Pump
  • Sewer: Septic Tank
  • Hot Water: Well
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors

Schools

  • School District: Campbell

Lot Info

  • Lot Sq Ft: 1914.00
  • Zoning: R-MF

Tax Info

  • Estimated Taxes: 650

Multi Family

  • Total Number Units: 2

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/05/2021 05/05/21 Sold $231,000 +0.7% $121 / Sq Ft
03/27/2021 03/27/21 Pending -- -- --
03/24/2021 03/24/21 For Sale $229,500 +39.1% $120 / Sq Ft
10/31/2018 10/31/18 Sold $165,000 -2.9% $86 / Sq Ft View Prior Sale
09/05/2018 09/05/18 Pending -- -- --
08/14/2018 08/14/18 For Sale $169,900 +51.7% $89 / Sq Ft
04/29/2016 04/29/16 Sold $112,000 -5.9% $59 / Sq Ft View Prior Sale
04/22/2016 04/22/16 Pending -- -- --
03/29/2016 03/29/16 For Sale $119,000 -- $62 / 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 $34 $7,500 $7,500 $0
2024 $34 $7,500 $7,500 $0
2023 $34 $7,500 $7,500 $0
2022 $34 $6,500 $6,500 $0
2021 $34 $6,500 $6,500 $0
2020 $34 $6,500 $6,500 $0
2019 $34 $6,500 $6,500 $0
2018 $574 $110,400 $40,400 $70,000
2017 $574 $110,400 $40,400 $70,000
2016 $578 $111,100 $38,300 $72,800
2015 -- $111,100 $38,300 $72,800
2014 -- $111,100 $38,300 $72,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 330443

APN: 15B-4-4