NOT LISTED FOR SALE

5621 Edgewood Ave Lynchburg, VA 24502

Sheffield Neighborhood

Estimated Value: $222,000 - $244,000

5 Beds
2 Baths
1,852 Sq Ft
$125/Sq Ft Est. Value

Last Sold May 20, 2016

Last sale price $108,000 $58 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $1,356/month

55 Days on Market

Highlights

  • Cape Cod Architecture
  • Wood Flooring
  • Fenced Yard
  • Living Room with Fireplace
  • Game Room
  • Laundry Room

About This Home

As of May 2016

Great house with tons of space! 5 bedrooms!! Basement is partially finished giving this adorable home even more room to grow your family or have rooms specified for your hobbies, office, and gaming! Many updates through out including a newer heat pump and large fenced back yard! MUST See. Perfect for for first time home buyers or investors looking for prime rental property.

Last Agent to Sell the Property

Charlie Watts

Watts Auction Realty Appra Inc License #0225086405 Listed on: 03/23/2016

Last Buyer's Agent

Josh Redmond

Mark A. Dalton & Co., Inc. License #0225200760

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,228

Year Built

  • Built in 1945

Lot Details

  • 9,932 Sq Ft Lot
  • Fenced Yard
  • Property is zoned R-2

Home Design

  • Cape Cod Architecture

Interior Spaces

  • 1,852 Sq Ft Home
  • 1.5-Story Property
  • Living Room with Fireplace
  • Game Room
  • Laundry Room

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms

Finished Basement

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

Schools

  • Sheffield Elementary School
  • Sandusky Midl Middle School
  • Heritage High School

Utilities

  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 16004023

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,228

Year Built

Built in 1945

Lot Details

0

Listing Details

  • FILLACRES: 0.2280
  • Directions: Wards Rd. Turn on to Edgewood Ave. Near Bank of America.
  • ElementarySchool7: Sheffield Elem
  • HighSchool7: Heritage High
  • Lot Measurement: Acres
  • Lot Sq Ft: 9932.00
  • MiddleSchool7: Sandusky Midl
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 16004023
  • Year Built: 1945
  • FullBathBelowGrade: 1
  • Heating System: Heat Pump
  • Building Stories: One and One Half
  • Dwelling Styles: Cape Cod
  • Officeden Len: 23.000
  • Officeden Wid: 13.000
  • Laundryroom Dim: 0.000 x 0.000
  • Living Room Dim: 13.000 x 14.000
  • Livingroom Len: 13.000
  • Livingroom Wid: 14.000
  • Masterbedroom Area: 132.000000
  • Master Bedroom Dim: 12.000 x 11.000
  • Masterbedroom Len: 12.000
  • Masterbedroom Wid: 11.000
  • Office Dim: 0.000 x 0.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 2.00
  • Bathrooms Display: 2 (2 0)
  • Lower Floor 1 Bedrooms: 5
  • Broker Approved: Yes
  • Legal Description: EDGEWOOD, BLK4 LOTS 23-25
  • Reciprocal Listing: No
  • Second Bedroom: 12x11 Level: Level 1 Above Grade
  • Second Bedroom Area: 132.000000
  • Third Bedroom: 13x9 Level: Level 2 Above Grade
  • Third Bedroom Area: 117.000000
  • Fourth Bedroom: 12x9 Level: Level 2 Above Grade
  • Fourth Bedroom Area: 108.000000
  • Fifth Bedroom: 13x11 Level: Below Grade
  • Fifth Bedroom Area: 143.000000
  • Above Grade Finished Sq Ft: 1372.00
  • ApplianceConvey: Dishwasher, Range-Elec, Refrigerator
  • Has Attic: None
  • Has Basement: Exterior Entrance, Finished, Game Room, Heated, Interior Entrance, Walkout
  • Flooring: Carpet, Hardwood, Tile
  • Year Built Exception: 0
  • Den: 23x13 Level: Level 1 Above Grade
  • Fireplace: Living Room
  • Level 1 Full Bathrooms: 1
  • Interior Amenities: Drywall
  • Dining Kitchen: 13x12 Level: Level 1 Above Grade
  • Laundry: Basement, Laundry Room, Separate Laundry Rm.
  • Living Room: 13x14 Level: Level 1 Above Grade
  • Master Bedroom: 12x11 Level: Level 1 Above Grade
  • Den Area: 299.000000
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 156.000000
  • LivingRoom Area: 182.000000
  • 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: Paved Drive, Fenced Yard

Garage/Parking

  • Garage Dim: 0.000 x 0.000

Utilities

  • 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: 1852.00
  • Zoning: R-2

Tax Info

  • Estimated Taxes: 1228

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2016
Closed on
May 11, 2016
Sold by
Weidley Christopher J and Weidley Jennifer D
Bought by
Stoll Thomas G
Seller's Agent
Charlie Watts
Watts Auction Realty Appra Inc
Buyer's Agent
Josh Redmond
Mark A. Dalton & Co., Inc.
List Price
$109,000
Sold Price
$108,000
Premium/Discount to List
-$1,000
-0.92%
Current Estimated Value
$231,497

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,497
Avg. Annual Appreciation
7.96%
Original Mortgage
$106,043
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 20, 2009
Sold by
Bingham Henry N and Bingham Shelly L
Bought by
Weidley Christopher J and Weidley Jennifer D

Purchase Details

Closed on
Aug 9, 2006
Sold by
Kauffman Kurt R and Kauffman Amy R
Bought by
Bingham Henry N and Bingham Shelly L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,000
Interest Rate
6.83%
Mortgage Type
New Conventional
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
Stoll Thomas G $108,000 Reliance Title & Settlement
Weidley Christopher J -- None Available
Bingham Henry N -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stoll Thomas G $28,440
Open Stoll Thomas G $160,000
Closed Stoll Thomas G $109,600
Closed Stoll Thomas G $106,043
Previous Owner Bingham Henry N $122,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2016 05/20/16 Sold $108,000 -0.9% $58 / Sq Ft
05/17/2016 05/17/16 Pending -- -- --
03/23/2016 03/23/16 For Sale $109,000 -- $59 / 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 $1,475 $165,700 $37,500 $128,200
2023 $1,475 $165,700 $37,500 $128,200
2022 $1,282 $124,500 $35,000 $89,500
2021 $1,382 $124,500 $35,000 $89,500
2020 $1,299 $117,000 $32,500 $84,500
2019 $1,299 $117,000 $32,500 $84,500
2018 $1,229 $110,700 $27,000 $83,700
2017 $1,229 $110,700 $27,000 $83,700
2016 $1,229 $110,700 $27,000 $83,700
2015 $307 $110,700 $27,000 $83,700
2014 $307 $113,700 $27,000 $86,700
Source: Public Records

Agents Affiliated with this Home

  • Charlie Watts

    Seller's Agent in 2016

    Charlie Watts

    Watts Auction Realty Appra Inc

    (434) 942-0840

    301 Total Sales

    Charlie Watts
    Section Image

  • J

    Buyer's Agent in 2016

    Josh Redmond

    Mark A. Dalton & Co., Inc.

    (434) 386-1998

    4 in this area

    378 Total Sales

    Josh Redmond
    Section Image
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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 297421

APN: 160-04-023

Virginia Lynchburg City County Lynchburg 24502 Sheffield

5621 Edgewood Ave, Lynchburg, VA

This home is located at 5621 Edgewood Ave, Lynchburg, VA 24502 since 23 March 2016 and is currently estimated at $231,497, approximately $124 per square foot. This property was built in 1945. 5621 Edgewood Ave is a home located in Lynchburg City with nearby schools including Sheffield Elementary School, Sandusky Middle School, and Heritage High School.

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