NOT LISTED FOR SALE

650 Leesville Rd Lynchburg, VA 24502

Estimated Value: $252,000 - $282,000

4 Beds
4 Baths
1,842 Sq Ft
$143/Sq Ft Est. Value

Last Sold November 30, 2022

Last sale price $209,000 $113 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $1,624/month

7 Days on Market

Highlights

  • Guest Parking
  • Central Air
  • Carpet

About This Home

As of November 2022

Welcome to 650 Leesville Road, a well built and well maintained ranch style duplex situated perfectly in the City of Lynchburg. This two unit duplex is an incredible investment opportunity! Close to Liberty University, local shopping, dining and schools. You'll find this one owner duplex appealing both for the available parking and the long front yard which sits the home back off of the road a good bit. Private backyard with separate decks and a common porch up front. Both sides of the duplex are mirrored exactly in regards to dimensions. Each side has two bedrooms with connected full baths, living room, dining area, kitchen and laundry. Contact today for your private showing!

Last Agent to Sell the Property

Stuart Blakely

RE/MAX 1st Olympic License #0225221716 Listed on: 10/31/2022

RE/MAX 1st Olympic

Last Buyer's Agent

Joe Dekreon

Lauren Bell Real Estate, Inc. License #0225244656

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,960

Year Built

  • Built in 1999

Lot Details

  • 0.69 Acre Lot

Home Design

  • 1,842 Sq Ft Home

Flooring

  • Carpet
  • Vinyl

Parking

  • 2 Parking Spaces
  • Guest Parking

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 25506005

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,960

Year Built

Built in 1999

Lot Details

0

Listing Details

  • FILLACRES: 0.6900
  • Directions: Turn left onto Laxton Rd, Turn left onto Timberlake Rd, Pass by Wendy's (on the left in 0.4 mi), Turn right onto Leesville Rd, destination is on your right.
  • ElementarySchool7: Heritage Elem
  • HighSchool7: Heritage High
  • Internet Providers: Comcast/Xfinity
  • Lot Measurement: Acres
  • Lot Sq Ft: 30056.00
  • MiddleSchool7: Sandusky Midl
  • Days On Market: No
  • Property Subtype1: Multi-Family
  • Prop. Type: Multi-Family
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 25506005
  • Year Built: 1999
  • Heating System: Heat Pump
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Broker Approved: Yes
  • Legal Description: McVeigh, Lot 93-96
  • Reciprocal Listing: No
  • Flooring: Carpet, Vinyl
  • Year Built Exception: 0

Garage/Parking

  • Parking: 2 Spaces/Unit, Guest Parking

Utilities

  • Utility Electric: American Electric
  • Cooling: Central Electric
  • Sewer: Septic Tank
  • 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: 1842.00

Rental Info

  • Types Of Leases: Month to Month

Tax Info

  • Estimated Taxes: 1960

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2022
Closed on
Nov 28, 2022
Sold by
Johns Donald R and Johns Sheryl G
Bought by
Liberty Neighborhood Llc
Seller's Agent
Stuart Blakely
RE/MAX 1st Olympic
Buyer's Agent
Joe Dekreon
Lauren Bell Real Estate, Inc.
List Price
$230,000
Sold Price
$209,000
Premium/Discount to List
-$21,000
-9.13%
Current Estimated Value
$264,189

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,189
Avg. Annual Appreciation
9.13%
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
Liberty Neighborhood Llc $209,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Johns Donald R $232,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2022 11/30/22 Sold $209,000 -9.1% $113 / Sq Ft
11/07/2022 11/07/22 Pending -- -- --
10/31/2022 10/31/22 For Sale $230,000 -- $125 / 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 $1,930 $216,900 $34,000 $182,900
2023 $1,930 $216,900 $34,000 $182,900
2022 $1,819 $176,600 $30,000 $146,600
2021 $1,960 $176,600 $30,000 $146,600
2020 $1,644 $148,100 $30,000 $118,100
2019 $1,644 $148,100 $30,000 $118,100
2018 $1,587 $143,000 $27,000 $116,000
2017 $1,587 $143,000 $27,000 $116,000
2016 $1,587 $143,000 $27,000 $116,000
2015 $1,587 $143,000 $27,000 $116,000
2014 $1,587 $149,100 $27,000 $122,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 341257

APN: 255-06-005