NOT LISTED FOR SALE

605 Wilton Ave Lynchburg, VA 24501

Westend Neighborhood

Estimated Value: $106,000 - $157,000

-- Bed
2 Baths
1,594 Sq Ft
$80/Sq Ft Est. Value

Last Sold January 07, 2016

Last sale price $34,000 $21 Per Sq Ft

Est. 277% increase in value since last sale

Current estimated payment $733/month

196 Days on Market

Highlights

  • Wood Flooring
  • Paneling
  • Electric Baseboard Heater

About This Home

As of January 2016

Great investment opportunity with 15+ year rental history in many units. Total of 4 single family units and 2 duplexes producing just under $40,000/year. Must be purchased as part of a package including 400,402,404 Bay St and 613&621 Wilton Ave.

Last Agent to Sell the Property

Sky Pacot

LPT Realty, Inc License #0225053735 Listed on: 05/11/2015

LPT Realty, Inc

Last Buyer's Agent

Thomas Wolcott

NextHome TwoFourFive License #0225104143

NextHome TwoFourFive

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $166

Year Built

  • Built in 1920

Lot Details

  • 4,661 Sq Ft Lot

Home Design

  • Plaster Walls

Interior Spaces

  • 1,594 Sq Ft Home
  • Paneling

Flooring

  • Wood
  • Wood Under Carpet
  • Carpet
  • Vinyl

Parking

  • On-Street Parking
  • Off-Street Parking

Schools

  • Tc Miller Elementary School
  • Pl Dunbar Midl Middle School
  • E. C. Glass High School

Utilities

  • Window Unit Cooling System
  • Electric Baseboard Heater
  • Electric Water Heater

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Water Meters
  • Maintenance Expense $817
  • New Taxes Expense $663

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$166

Year Built

Built in 1920

Lot Details

0

Listing Details

  • FILLACRES: 0.1070
  • ElementarySchool7: TC Miller Elem
  • HighSchool7: E. C. Glass High
  • Lot Measurement: Acres
  • Lot Sq Ft: 4661.00
  • MiddleSchool7: PL Dunbar Midl
  • Days On Market: No
  • Property Subtype1: Multi-Family
  • Prop. Type: Multi-Family
  • OFFICELIST_STATE: VA
  • Year Built: 1920
  • Heating System: Electric Baseboard
  • Unit Info Number Furnished Units: 2
  • Unit Info Number Unfurnished Units: 741
  • Taxes Expense: 663.00
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Broker Approved: Yes
  • Legal Description: WILTON PLACE, BLK 2, LOT 14
  • Reciprocal Listing: No
  • Flooring: Carpet, Carpet Over Wood, Vinyl, Wood Floors
  • Year Built Exception: 0
  • Walls: Drywall, Paneling, Plaster

Garage/Parking

  • Parking: Off Street Parking, On-Street

Utilities

  • Cooling: Window Unit(s)
  • Sewer: City
  • Hot Water: City
  • Water Heater: Electric
  • Number Of Water Meters: 2

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors

Schools

  • School District: Lynchburg
  • School District: Lynchburg

Lot Info

  • Lot Sq Ft: 1594.00
  • Zoning: B3

Rental Info

  • Types Of Leases: 1 Year Lease

Tax Info

  • Estimated Taxes: 166

Multi Family

  • Maintenance Expense: 817.00
  • Total Number Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 16, 2024
Sold by
Hillstone Llc
Bought by
605 Grantor Revocable Trust
Current Estimated Value
$128,167

Purchase Details

Closed on
Oct 11, 2012
Sold by
Crank William H and Crank Patricia C
Bought by
Crank William H and William H Crank Revocable Trust
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
605 Grantor Revocable Trust -- None Listed On Document
Crank William H -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/07/2016 01/07/16 Sold $34,000 -14.8% $21 / Sq Ft
11/23/2015 11/23/15 Pending -- -- --
05/11/2015 05/11/15 For Sale $39,900 -- $25 / 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 $603 $67,700 $15,100 $52,600
2023 $151 $67,700 $15,100 $52,600
2022 $616 $59,800 $15,100 $44,700
2021 $664 $59,800 $15,100 $44,700
2020 $664 $59,800 $15,100 $44,700
2019 $664 $59,800 $15,100 $44,700
2018 $166 $59,800 $15,100 $44,700
2017 $664 $59,800 $15,100 $44,700
2016 $664 $59,800 $15,100 $44,700
2015 $166 $59,800 $15,100 $44,700
2014 $166 $59,800 $15,100 $44,700
Source: Public Records

Agents Affiliated with this Home

  • Sky Pacot

    Seller's Agent in 2016

    Sky Pacot

    LPT Realty, Inc

    (434) 941-9497

    2 in this area

    102 Total Sales

    Sky Pacot
    Section Image

  • T

    Buyer's Agent in 2016

    Thomas Wolcott

    NextHome TwoFourFive

    (434) 382-1828

    6 in this area

    110 Total Sales

    Thomas Wolcott
    Section Image
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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 291844

APN: 011-14-001

Virginia Lynchburg City County Lynchburg 24501 Westend

605 Wilton Ave, Lynchburg, VA

This home is located at 605 Wilton Ave, Lynchburg, VA 24501 since 11 May 2015 and is currently estimated at $128,167, approximately $80 per square foot. This property was built in 1920. 605 Wilton Ave is a home located in Lynchburg City with nearby schools including T.C. Miller Elementary School for Innovation, Paul Laurence Dunbar Mid. for Innov., and E.C. Glass High School.

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