NOT LISTED FOR SALE

Estimated Value: $555,718

-- Bed
-- Bath
4,526 Sq Ft
$123/Sq Ft Est. Value

Last Sold February 23, 2022

Last sale price $453,000 $100 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $3,116/month

15 Days on Market

About This Home

As of February 2022

Commercial/Residential Historic building downtown Lynchburg on 5th Street in the Garland Hill district. Two exquisite/ luxury commercial spaces on the lower level being used as photography studios. The upper level has two apartments that offer an outdoor patio area and a partial city view from the back of the building and great views of the town from inside of the units. Stainless steel appliances and washers and dryers in both of the residential units. Within walking distance to downtown's main street, municipal buildings, theater, shops, restaurants, and local entertainment. Separate meters for utilities- tenants are responsible for electric, trash, and water.

Last Agent to Sell the Property

Robert Dawson

BHHS Dawson Ford Garbee License #0225036912 Listed on: 12/22/2021

BHHS Dawson Ford Garbee

Co-Listed By

De'lexis Brown

BHHS Dawson Ford Garbee-Forest License #0225212572

Last Buyer's Agent

Matt Coleman

eXp Realty LLC-Stafford License #0225237110

eXp Realty LLC-Stafford

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,300

Year Built

  • Built in 1885

Lot Details

  • 5,663 Sq Ft Lot

Home Design

  • 4,526 Sq Ft Home

Flooring

  • Wood
  • Laminate
  • Concrete
  • Ceramic Tile

Parking

  • Parking Lot
  • Off-Street Parking

Schools

  • Bedford Hills Elementary School
  • Linkhorne Midl Middle School
  • E. C. Glass High School

Utilities

  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 02410012-02410005

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Water Meters
  • New Taxes Expense $1,300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,300

Year Built

Built in 1885

Lot Details

0

Listing Details

  • FILLACRES: 0.1300
  • Directions: Corner of 5th and Harrison Streets.
  • ElementarySchool7: Bedford Hills Elem
  • HighSchool7: E. C. Glass High
  • Lot Measurement: Acres
  • Lot Sq Ft: 5663.00
  • MiddleSchool7: Linkhorne Midl
  • Days On Market: No
  • Property Subtype1: Multi-Family
  • Prop. Type: Multi-Family
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 02410012-02410005
  • Year Built: 1885
  • Heating System: Heat Pump
  • Unit Info Number Unfurnished Units: 4
  • Taxes Expense: 1300.00
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Broker Approved: Yes
  • Legal Description: GARLAND HILL; PT BLK. 401
  • Reciprocal Listing: No
  • Street Number Modifier: 703
  • Flooring: Ceramic Tile, Concrete, Laminate, Wood Floors
  • Year Built Exception: 0
  • Walls: Drywall

Garage/Parking

  • Parking: Off Street Parking, Parking Lot

Utilities

  • Utility Electric: American Electric
  • Cooling: Heat Pump
  • Sewer: City
  • Hot Water: City
  • Water Heater: Electric
  • Number Of Water Meters: 4

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors

Schools

  • School District: Lynchburg

Lot Info

  • Lot Sq Ft: 4526.00
  • Zoning: B-4

Rental Info

  • Types Of Leases: 1 Year Lease

Tax Info

  • Estimated Taxes: 1300

Multi Family

  • Total Number Units: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 25, 2025
Sold by
Overstreet Christopher S and Overstreet Katelyn C
Bought by
Overstreet Christopher S
Current Estimated Value
$555,718

Purchase Details

Closed on
Feb 22, 2021
Sold by
Joshuas House Llc
Bought by
Overstreet Christopher S and Overstreet Katelyn C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$362,400
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 4, 2013
Sold by
Lynchburg Redevelopment & Hsng Authority
Bought by
Joshua S House Llc

Purchase Details

Closed on
Apr 18, 2006
Sold by
Lynchburg Redevelopment & Hsng Authority
Bought by
Southern Traders Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Overstreet Christopher S -- None Listed On Document
Overstreet Christopher S $453,000 Shoemaker Law Pllc
Joshua S House Llc -- None Available
Southern Traders Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Overstreet Christopher S $362,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/23/2022 02/23/22 Sold $453,000 +0.9% $100 / Sq Ft
01/06/2022 01/06/22 Pending -- -- --
12/22/2021 12/22/21 For Sale $449,000 -- $99 / 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
2025 $2,243 $267,000 $20,000 $247,000
2024 $2,011 $225,900 $17,800 $208,100
2023 $210 $225,900 $17,800 $208,100
2022 $602 $190,000 $17,800 $172,200
2021 $486 $190,000 $17,800 $172,200
2020 $595 $185,200 $12,800 $172,400
2019 $595 $185,200 $12,800 $172,400
2018 $67 $155,700 $3,800 $151,900
2017 $268 $155,700 $3,800 $151,900
2016 $268 $155,700 $3,800 $151,900
2015 $67 $24,100 $3,800 $20,300
2014 $67 $24,100 $3,800 $20,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 335710

APN: 024-10-012