NOT LISTED FOR SALE

692 Leesville Rd Lynchburg, VA 24502

Estimated Value: $312,887 - $364,000

4 Beds
4 Baths
2,308 Sq Ft
$149/Sq Ft Est. Value

Last Sold May 12, 2023

Last sale price $320,000 $139 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,058/month

1 Day on Market

About This Home

As of May 2023

Fantastic duplex in an extremely convenient location, close to shopping, restaurants, and local Universities. This duplex offers 2BR 1.5BA per unit, with consistent tenants over the years. Live in one side, rent the other, or rent both for a great investment opportunity.

Last Agent to Sell the Property

Butch Jefferson

Divine Fog Realty Company LLC License #0225233854 Listed on: 03/23/2023

Last Buyer's Agent

Trevor Gillispie

Elite Realty - Graves Mill License #0225241780

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,398

Year Built

  • Built in 2005

Lot Details

  • 0.42 Acre Lot

Home Design

  • 2,308 Sq Ft Home

Flooring

  • Carpet
  • Vinyl

Parking

  • 2 Parking Spaces
  • Parking Lot
  • Off-Street Parking

Schools

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

Utilities

  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 26204002

Community Details

Overview

  • 2 Units
  • Leesville Rd Subdivision

Building Details

  • New Taxes Expense $2,398

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,398

Year Built

Built in 2005

Lot Details

0

Listing Details

  • FILLACRES: 0.4242
  • Directions: From Heritage Elementary School, Property will be on the right just after McVeigh Road. From Greenview Drive, turn left on Leesville Road, Property will be on the left just after Del Ray Circle.
  • ElementarySchool7: Heritage Elem
  • HighSchool7: Heritage High
  • Lot Measurement: Acres
  • Lot Sq Ft: 18478.00
  • MiddleSchool7: Sandusky Midl
  • Days On Market: No
  • Property Subtype1: Multi-Family
  • Prop. Type: Multi-Family
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 26204002
  • Year Built: 2005
  • Heating System: Heat Pump
  • Taxes Expense: 2397.60
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Broker Approved: Yes
  • Legal Description: MCVEIGH, PT LOT 30-33
  • Reciprocal Listing: No
  • Flooring: Carpet, Vinyl
  • Year Built Exception: 0
  • Walls: Drywall

Garage/Parking

  • Parking: 2 Spaces/Unit, Off Street Parking, Parking Lot

Utilities

  • Cooling: Heat Pump
  • Sewer: City
  • Hot Water: City
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors
  • Subdivision Complex: Leesville Rd

Schools

  • School District: Lynchburg
  • School District: Lynchburg

Lot Info

  • Lot Sq Ft: 2308.00

Tax Info

  • Estimated Taxes: 2398

Multi Family

  • Total Number Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2023
Closed on
May 12, 2023
Sold by
Ford Robert A
Bought by
Critchley Taylor Renae
Seller's Agent
Butch Jefferson
Divine Fog Realty Company LLC
Buyer's Agent
Trevor Gillispie
Elite Realty - Graves Mill
List Price
$309,900
Sold Price
$320,000
Premium/Discount to List
$10,100
3.26%
Views
40
Current Estimated Value
$341,744

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,744
Avg. Annual Appreciation
-1.34%
Original Mortgage
$314,204
Outstanding Balance
$307,032
Interest Rate
6.32%
Mortgage Type
FHA
Estimated Equity
$3,245

Purchase Details

Listed on
Apr 26, 2015
Closed on
Jun 22, 2015
Sold by
Jones Duane L
Bought by
Ford Robert A
Seller's Agent
Cindy Sanchez
BHHS Dawson Ford Garbee
Buyer's Agent
Franklin Viar
Century 21 ALL-SERVICE
List Price
$186,900
Sold Price
$179,900
Premium/Discount to List
-$7,000
-3.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.59%
Original Mortgage
$161,910
Interest Rate
3.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 27, 2008
Sold by
Jones Dvane
Bought by
Jones Sane

Purchase Details

Closed on
Sep 26, 2005
Sold by
Baldwin Diana L
Bought by
Jones Duane L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$17,485
Interest Rate
6.07%
Mortgage Type
Stand Alone Second
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
Critchley Taylor Renae $320,000 Old Republic National Title
Ford Robert A $179,900 None Available
Jones Sane -- None Available
Jones Duane L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Critchley Taylor Renae $314,204
Previous Owner Ford Robert A $161,910
Previous Owner Jones Duane L $17,485
Previous Owner Jones Duane L $139,880
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2023 05/12/23 Sold $320,000 +3.3% $139 / Sq Ft
03/24/2023 03/24/23 Pending -- -- --
03/23/2023 03/23/23 For Sale $309,900 +72.3% $134 / Sq Ft
06/29/2015 06/29/15 Sold $179,900 -3.7% $78 / Sq Ft
06/17/2015 06/17/15 Pending -- -- --
04/26/2015 04/26/15 For Sale $186,900 -- $81 / 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 $2,349 $263,900 $34,000 $229,900
2023 $2,349 $263,900 $34,000 $229,900
2022 $2,225 $216,000 $30,000 $186,000
2021 $2,398 $216,000 $30,000 $186,000
2020 $2,069 $186,400 $30,000 $156,400
2019 $2,069 $186,400 $30,000 $156,400
2018 $2,001 $180,300 $27,000 $153,300
2017 $2,001 $180,300 $27,000 $153,300
2016 $2,001 $180,300 $27,000 $153,300
2015 $2,001 $180,300 $27,000 $153,300
2014 $2,001 $188,400 $27,000 $161,400
Source: Public Records

Agents Affiliated with this Home

  • Butch Jefferson

    Seller's Agent in 2023

    Butch Jefferson

    Divine Fog Realty Company LLC

    (434) 546-5848

    21 Total Sales

    Section Image

  • T

    Buyer's Agent in 2023

    Trevor Gillispie

    Elite Realty - Graves Mill

    (434) 660-5853

    313 Total Sales

    Section Image

  • C

    Seller's Agent in 2015

    Cindy Sanchez

    BHHS Dawson Ford Garbee

    Section Image

  • F

    Buyer's Agent in 2015

    Franklin Viar

    Century 21 ALL-SERVICE

    (434) 665-3373

    32 Total Sales

    Section Image
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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 342977

APN: 262-04-002

Virginia Lynchburg City County Lynchburg 24502

692 Leesville Rd, Lynchburg, VA

This home is located at 692 Leesville Rd, Lynchburg, VA 24502 since 23 March 2023 and is currently estimated at $344,472, approximately $149 per square foot. This property was built in 2005. 692 Leesville Rd is a home located in Lynchburg City with nearby schools including Heritage Elementary School, Sandusky Middle School, and Heritage High School.

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