NOT LISTED FOR SALE

554 Court St Lynchburg, VA 24504

Central Business District Neighborhood

Estimated Value: $398,000 - $434,000

3 Beds
2.5 Baths
1,659 Sq Ft
$251/Sq Ft Est. Value

Last Sold May 25, 2023

Last sale price $372,000 $224 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,639/month

Highlights

  • City View
  • 0.03 Acre Lot
  • Walk-In Closet
  • Paul Munro Elementary School Rated A-
  • Great Room
  • Tile Flooring

About This Home

As of May 2023

For comp purposes only

Last Agent to Sell the Property

DeAnn Brown

Long & Foster-Forest License #0225064346 Listed on: 05/25/2023

Last Buyer's Agent

Brenda Van Fossen

Long & Foster-Forest License #0225101107

Long & Foster-Forest

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,775

Year Built

  • Built in 2021

Lot Details

  • 1,481 Sq Ft Lot
  • Landscaped

HOA Fees

  • $159 Monthly HOA Fees

Property Views

  • City
  • Mountain

Home Design

  • Poured Concrete
  • Shingle Roof

Interior Spaces

  • 1,659 Sq Ft Home
  • 2-Story Property
  • Great Room

Kitchen

  • Self-Cleaning Oven
  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Tile
  • Vinyl Plank

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet

Laundry

  • Laundry on upper level
  • Washer

Attic

  • Attic Access Panel
  • Scuttle Attic Hole

Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Home Security

Parking

  • 1 Car Attached Garage
  • Basement Garage
  • Garage Door Opener

Schools

  • Paul Munro Elementary School
  • Linkhorne Midl Middle School
  • E. C. Glass High School

Utilities

  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 02419031

Community Details

Overview

  • Association fees include exterior maintenance, grounds maintenance
  • Downtown Central Business Dist Subdivision

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,775

Year Built

Built in 2021

Lot Details

0

HOA Fees

$159 per month

Listing Details

  • FILLACRES: 0.0340
  • AssocFeeOptional: Required
  • Directions: 5th Street to Court Street.
  • ElementarySchool7: Paul Munro Elem
  • HighSchool7: E. C. Glass High
  • Lot Measurement: Acres
  • Lot Sq Ft: 1481.00
  • MiddleSchool7: Linkhorne Midl
  • Days On Market: No
  • Property Subtype1: Townhouse
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 02419031
  • Year Built: 2021
  • Heating System: Heat Pump
  • Building Stories: Two
  • Foyer Area: 75.000000
  • Laundryroom Dim: 0.000 x 0.000
  • Living Room Dim: 0.000 x 0.000
  • Masterbedroom Area: 168.000000
  • Master Bedroom Dim: 14.000 x 12.000
  • Masterbedroom Len: 14.000
  • Masterbedroom Wid: 12.000
  • Office Dim: 0.000 x 0.000
  • Other Room1 Area: 117.000000
  • Other Room1 Len: 13.000
  • Special Features: NewHome
  • Property Sub Type: Townhouses

Interior Features

  • Basement Bathrooms: 3.00
  • Bathrooms Display: 3 (2 1)
  • Lower Floor 1 Bedrooms: 3
  • Broker Approved: Yes
  • Legal Description: COURT HOUSE HILL, BLK 78, LOT 14
  • Reciprocal Listing: No
  • Second Bedroom: 13x10 Level: Level 2 Above Grade
  • Second Bedroom Area: 130.000000
  • Third Bedroom: 11x9 Level: Level 2 Above Grade
  • Third Bedroom Area: 99.000000
  • Above Grade Finished Sq Ft: 1464.00
  • ApplianceConvey: Dishwasher, Disposal, Range-Elec, Refrigerator, Self Cleaning Oven, Washer
  • Has Attic: Access, Scuttle
  • Has Basement: Exterior Entrance, Full, Garage, Heated, Interior Entrance, Poured Concrete
  • Flooring: Tile, Vinyl Plank
  • Year Built Exception: 0
  • Deck: 12x7 Level: Level 1 Above Grade
  • Foyer: 15x5 Level: Level 1 Above Grade
  • Level 2 Full Bathrooms: 2
  • Great Room: 22x20 Level: Level 1 Above Grade
  • First Level Half Bathrooms: 1
  • Interior Amenities: Cable Available, Drywall, Great Room, Master Bed w/ Bath, Rods, Smoke Alarm, Walk-In Closet(s)
  • Dining Kitchen: 15x10 Level: Level 1 Above Grade
  • Laundry: Dryer Connection, Laundry Closet, Second Floor, Washer Connections
  • Master Bedroom: 14x12 Level: Level 2 Above Grade
  • Other Room 1: 13x9 Level: Below Grade
  • Additional Room 1 Description: Office or Other
  • GreatRoom Area: 440.000000
  • Livinggreat Room Dim: 22.000 x 20.000
  • Kitchen Area: 150.000000
  • Est Other Room1 Dim: 13.000 x 9.000
  • 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: 14
  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: City View, Paved Drive, Landscaped, Insulated Glass, Mountain Views

Garage/Parking

  • Attached Garage: 1 Car
  • Garage Spaces: Garage Door Opener, In Basement
  • 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 Fee Frequency: Monthly
  • HOA Includes: Exterior Maintenance, Grounds Maintenance
  • HOA: Lynchburg Board of Realtors
  • Association Fee: 159.00
  • Subdivision Complex: Downtown-central Business Dist

Schools

  • School District: Lynchburg
  • School District: Lynchburg

Lot Info

  • Lot Sq Ft: 1659.00

Tax Info

  • Estimated Taxes: 1775

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2023
Closed on
May 18, 2023
Sold by
Lemasters Robb A
Bought by
Burke William P
Seller's Agent
DeAnn Brown
Long & Foster-Forest
Buyer's Agent
Brenda Van Fossen
Long & Foster-Forest
List Price
$362,900
Sold Price
$372,000
Premium/Discount to List
$9,100
2.51%
Current Estimated Value
$415,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,667
Avg. Annual Appreciation
3.60%
Original Mortgage
$297,600
Outstanding Balance
$291,060
Interest Rate
6.27%
Mortgage Type
New Conventional
Estimated Equity
$112,081

Purchase Details

Listed on
Jun 4, 2021
Closed on
Oct 28, 2021
Sold by
Redely Llc
Bought by
Lemasters Robb A
Seller's Agent
Terri Proffitt
Consensus Real Estate Service
Buyer's Agent
Terri Proffitt
Consensus Real Estate Service
List Price
$365,900
Sold Price
$362,900
Premium/Discount to List
-$3,000
-0.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.59%
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
Burke William P $372,000 None Listed On Document
Lemasters Robb A $362,900 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burke William P $297,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2023 06/02/23 Pending -- -- --
05/25/2023 05/25/23 Sold $372,000 +2.5% $224 / Sq Ft
05/25/2023 05/25/23 For Sale $362,900 0.0% $219 / Sq Ft
10/29/2021 10/29/21 Sold $362,900 -0.8% $214 / Sq Ft
06/04/2021 06/04/21 Pending -- -- --
06/04/2021 06/04/21 For Sale $365,900 -- $216 / 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 $2,634 $296,000 $29,700 $266,300
2023 $1,449 $296,000 $29,700 $266,300
2022 $1,677 $296,000 $29,700 $266,300
2021 $165 $29,700 $29,700 $0
2020 $330 $29,700 $29,700 $0
2019 $330 $29,700 $29,700 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2023

    DeAnn Brown

    Long & Foster-Forest

    Section Image
  • Brenda Van Fossen

    Buyer's Agent in 2023

    Brenda Van Fossen

    Long & Foster-Forest

    (434) 384-3574

    1 in this area

    25 Total Sales

    Brenda Van Fossen
    Section Image
  • Terri Proffitt

    Seller's Agent in 2021

    Terri Proffitt

    Consensus Real Estate Service

    (434) 316-3471

    26 in this area

    37 Total Sales

    Terri Proffitt
    Section Image
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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 344453

APN: 024-19-031

Virginia Lynchburg City County Lynchburg 24504 Central Business District

554 Court St, Lynchburg, VA

This home is located at 554 Court St, Lynchburg, VA 24504 since 25 May 2023 and is currently estimated at $415,667, approximately $250 per square foot. This property was built in 2021. 554 Court St is a home located in Lynchburg City with nearby schools including Paul Munro Elementary School, Linkhorne Middle School, and E.C. Glass High School.

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