$85,000
SOLD AUG 13, 2024
3 Beds
2 Baths
2,012 Sq Ft
3,533 Sq Ft Lot

Recently Sold

$42 Per Sq Ft

5% Below List Price

6 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Heating System
  • Under Construction
  • Paul Munro Elementary School Rated A-

About This Home

As of August 2024

Investor special! this 3 bed 2 full bath home in Lynchburg city is ready for an investor to come in and bring this property back to life! Also a great opportunity for buyers to build equity into their home. This property has so much potential and is waiting to be restored! call or text today to see this amazing opportunity!

Last Agent to Sell the Property

Noah Kessler

Keller Williams License #0225251355 Listed on: 06/08/2024

Keller Williams

Last Buyer's Agent

Meredith Ford

OUT OF AREA BROKER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $437

Year Built

  • Built in 1880 | Under Construction

Lot Details

  • 3,533 Sq Ft Lot

Parking

  • Off-Street Parking

Home Design

  • Shingle Roof

Interior Spaces

  • 2,012 Sq Ft Home
  • 2-Story Property
  • Decorative Fireplace
  • Wood Flooring

Basement

  • Walk-Out Basement
  • Laundry in Basement

Schools

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

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Electric Water Heater

Community Details

  • College Hill Subdivision
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 02438002

Home Details

Home Type

Single Family

Est. Annual Taxes

$437

Year Built

Built in 1880 | Under Construction

Lot Details

0

Listing Details

  • Directions: Take Kemper Street exit to Park Ave, then a right on 7th street.
  • Days On Market: No
  • Prop. Type: Residential
  • Year Built: 1880
  • Garage Yn: No
  • Estimated Completion: 2024-06-08
  • Property Sub-Type: Single Family Residence
  • Subdivision Name: College Hill
  • Above Grade Finished Sq Ft: 1512.00
  • Architectural Style: Two Story
  • Laundryroom Dim: 0.000 x 0.000
  • 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)
  • Broker Approved: Yes
  • Reciprocal Listing: No
  • Has Attic: Other
  • Has Basement: Walkout, Other
  • Flooring: Hardwood
  • Level 1 Full Bathrooms: 1
  • Level 2 Full Bathrooms: 1
  • Interior Amenities: Other
  • Dining Kitchen: 9x7 Level: Level 1 Above Grade
  • Laundry: Basement
  • Living Room: 17x16 Level: Level 1 Above Grade
  • Master Bedroom: 12x17 Level: Level 2 Above Grade
  • Porch: 11x8 Level: Level 1 Above Grade
  • Appliances: None
  • Fireplace: 1 Fireplace, Decorative/Non-Op
  • Stories: Two
  • Third Bedroom: 12x8 Level: Level 1 Above Grade
  • Second Bedroom: 17x8 Level: Level 1 Above Grade
  • Room Bedroom3 Area: 96.000000
  • Room Master Bedroom Area: 204.000000
  • Room Kitchen Area: 63.000000
  • Room Living Room Area: 272.000000
  • Room Bedroom2 Area: 136.000000
  • MasterBedroomDimensions Dim: 12.000 x 17.000
  • Kitchen Dim: 9.000 x 7.000
  • Sunroom Dim: 0.000 x 0.000
  • Master Bedroom Master Bedroom Width: 17.000

Exterior Features

  • Roof: Shingle
  • New Construction: Under Construction
  • Exterior Features: Off-Street Parking

Garage/Parking

  • Garage Dim: 0.000 x 0.000

Utilities

  • Cooling: Window Unit(s), None
  • Sewer: City
  • Water Heater: Electric, Other
  • Heating: Forced Warm Air-Oil, Other
  • Water Source: City

Schools

  • Elementary School: Paul Munro Elem
  • High School: E. C. Glass High
  • Middle School: Linkhorne Midl
  • Junior High Dist: Lynchburg

Lot Info

  • Acres: 0.0811
  • Lot Size Sq Ft: 3533.00
  • ResoLotSizeUnits: Acres
  • Parcel Number: 02438002
  • ResoLotSizeUnits: Acres

Rental Info

  • Sub Lease: No
  • Sub Lease Expiration Date: 1800-01-01T00:00:00.000-05:00

Tax Info

  • Estimated Taxes: 437

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2024
Closed on
Aug 5, 2024
Sold by
Kmca Llc
Bought by
Glass Stone Llc
Seller's Agent
Noah Kessler
Keller Williams
Buyer's Agent
Meredith Ford
OUT OF AREA BROKER
List Price
$89,900
Sold Price
$85,000
Premium/Discount to List
-$4,900
-5.45%
Views
15

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.60%
Original Mortgage
$135,000
Interest Rate
6.95%
Mortgage Type
Construction

Purchase Details

Listed on
May 23, 2023
Closed on
Jun 15, 2023
Sold by
Herndon David E
Bought by
Kmca Llc
Seller's Agent
Everett Sparrow
Cornerstone Realty Group Inc.
Buyer's Agent
Noah Kessler
Keller Williams
List Price
$64,900
Sold Price
$50,000
Premium/Discount to List
-$14,900
-22.96%
Views
42

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
58.00%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $85,000 Old Republic National Title In
Bargain Sale Deed $50,000 Old Republic National Title In
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $60,000 Credit Line Revolving
Closed $135,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2025 06/26/25 For Sale $329,900 +288.1% $155 / Sq Ft
08/13/2024 08/13/24 Sold $85,000 -5.5% $42 / Sq Ft
06/15/2024 06/15/24 Pending -- -- --
06/08/2024 06/08/24 For Sale $89,900 +79.8% $45 / Sq Ft
06/16/2023 06/16/23 Sold $50,000 -23.0% $25 / Sq Ft
05/26/2023 05/26/23 Pending -- -- --
05/23/2023 05/23/23 For Sale $64,900 -- $32 / 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 $437 $49,100 $14,000 $35,100
2023 $437 $49,100 $14,000 $35,100
2022 $409 $39,700 $10,000 $29,700
2021 $441 $39,700 $10,000 $29,700
2020 $542 $48,800 $6,000 $42,800
2019 $542 $48,800 $6,000 $42,800
2018 $130 $47,000 $6,000 $41,000
2017 $522 $47,000 $6,000 $41,000
2016 $522 $47,000 $6,000 $41,000
2015 -- $52,700 $1,500 $51,200
2014 -- $52,700 $1,500 $51,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 352832

APN: 024-38-002