Seller's Agent in 2021
Stacy Powell
Keller Williams
(434) 444-1983
9 in this area
422 Total Sales
601 Madison St Lynchburg, VA 24504
College Hill NeighborhoodEstimated Value: $187,000 - $228,000
4
Beds
2
Baths
2,296
Sq Ft
$90/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Main Floor Bedroom
- Storm Windows
- Paul Munro Elementary School Rated A-
- Fenced Yard
- Zoned Cooling
About This Home
As of February 2021Enjoy downtown living at it's finest. This 4 BR,two full bath home is full of character, w/ a NEWER roof, All NEW windows & blinds, Updated electrical throughout, Dual zone heat pump updated in the last 5 years plus many cosmetic upgrades. This home also features a fenced in back yard and 2nd story balcony w/ a city view - schedule your showing today!
Last Agent to Sell the Property
Keller Williams License #0225225057 Listed on: 12/15/2020
Last Buyer's Agent
Ethan Chase
Elite Realty License #0225248659
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $774
Year Built
- Built in 1892
Lot Details
- 3,180 Sq Ft Lot
- Fenced Yard
- Property is zoned R2
Home Design
- Slate Roof
Interior Spaces
- 2,296 Sq Ft Home
- 2-Story Property
- Decorative Fireplace
- Scuttle Attic Hole
- Washer and Dryer Hookup
Kitchen
- Electric Range
- Dishwasher
Flooring
- Wood
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
- Main Floor Bedroom
Basement
- Basement Fills Entire Space Under The House
- Interior and Exterior Basement Entry
Home Security
- Storm Windows
- Storm Doors
Schools
- Paul Munro Elementary School
- Linkhorne Midl Middle School
- E. C. Glass High School
Utilities
- Zoned Cooling
- Heat Pump System
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number 02427005
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 15, 2020
Closed on
Feb 5, 2021
Sold by
Mashburn James M and Mashburn Sheila K
Bought by
Dohrmann Amber
Seller's Agent
Stacy Powell
Keller Williams
Buyer's Agent
Ethan Chase
Elite Realty
List Price
$149,900
Sold Price
$157,300
Premium/Discount to List
$7,400
4.94%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,182
Avg. Annual Appreciation
6.28%
Original Mortgage
$154,450
Outstanding Balance
$139,486
Interest Rate
2.6%
Mortgage Type
FHA
Estimated Equity
$67,786
Purchase Details
Listed on
Mar 16, 2016
Closed on
Jun 1, 2016
Sold by
Mays Daniel S and Mays Amy L
Bought by
Mashburn James M and Mashburn Sheila K
Seller's Agent
Karl Miller
Mark A. Dalton & Co., Inc.
Buyer's Agent
Michael McGorman
Mark A. Dalton & Co., Inc.
List Price
$69,900
Sold Price
$68,000
Premium/Discount to List
-$1,900
-2.72%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.86%
Original Mortgage
$54,400
Interest Rate
3.57%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 24, 2011
Sold by
Mitchell Nancy B
Bought by
Mays Daniel S and Mays Amy L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,800
Interest Rate
4.89%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Dec 19, 2006
Sold by
Loving Victoria Thomas
Bought by
Mitchell Nancy B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000
Interest Rate
6.24%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Dohrmann Amber | $157,300 | Commonwealth Land Title | |
| Mashburn James M | $68,000 | Acquisition Title | |
| Mays Daniel S | -- | None Available | |
| Mitchell Nancy B | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Dohrmann Amber | $154,450 | |
| Previous Owner | Mashburn James M | $54,400 | |
| Previous Owner | Mays Daniel S | $40,800 | |
| Previous Owner | Mitchell Nancy B | $10,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/05/2021 02/05/21 | Sold | $157,300 | +4.9% | $69 / Sq Ft |
| 12/20/2020 12/20/20 | Pending | -- | -- | -- |
| 12/15/2020 12/15/20 | For Sale | $149,900 | +120.4% | $65 / Sq Ft |
| 06/21/2016 06/21/16 | Sold | $68,000 | -2.7% | $30 / Sq Ft |
| 06/21/2016 06/21/16 | Pending | -- | -- | -- |
| 03/16/2016 03/16/16 | For Sale | $69,900 | -- | $30 / Sq Ft |
Source: Lynchburg Association of REALTORS®
Tax History Compared to Growth
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 | $1,426 | $160,200 | $14,000 | $146,200 |
| 2023 | $1,426 | $160,200 | $14,000 | $146,200 |
| 2022 | $1,505 | $146,100 | $10,000 | $136,100 |
| 2021 | $1,622 | $146,100 | $10,000 | $136,100 |
| 2020 | $774 | $69,700 | $6,000 | $63,700 |
| 2019 | $774 | $69,700 | $6,000 | $63,700 |
| 2018 | $774 | $69,700 | $6,000 | $63,700 |
| 2017 | $774 | $69,700 | $6,000 | $63,700 |
| 2016 | $774 | $69,700 | $6,000 | $63,700 |
| 2015 | $774 | $41,900 | $1,500 | $40,400 |
| 2014 | $465 | $41,900 | $1,500 | $40,400 |
Source: Public Records
Agents Affiliated with this Home
-
-
E
Buyer's Agent in 2021
Ethan Chase
Elite Realty
-
K
Seller's Agent in 2016
Karl Miller
Mark A. Dalton & Co., Inc.
-
M
Buyer's Agent in 2016
Michael McGorman
Mark A. Dalton & Co., Inc.
(434) 420-4001
73 Total Sales
Map
Source: Lynchburg Association of REALTORS®
MLS Number: 328783
APN: 024-27-005
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