NOT LISTED FOR SALE

702 Thomas Rd Lynchburg, VA 24502

Perrymont Neighborhood

Estimated Value: $144,000 - $163,000

2 Beds
1 Bath
741 Sq Ft
$209/Sq Ft Est. Value

Sale Details

Date Sold: March 13, 2025

Last sale price $155,000 $209 Per Sq Ft

Current estimated payment $934 / mo

28 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Heating and Cooling System
  • 1-Story Property
  • Bungalow
  • High Speed Internet

About This Home

As of March 2025

This beautifully updated cottage is the one for you! With a brand-new metal roof, fresh paint, updated HVAC, it's move-in ready. The kitchen shines with modern cabinets, sleek countertops, and stainless-steel appliances. The original hardwood floors add character and warmth, while the fully renovated bathroom is sleek and stylish. Enjoy a covered back porch and a spacious, fenced backyardperfect for relaxation and entertaining. Plus, with off-street parking, convenience is at your doorstep! Located in the heart of Lynchburg, this home is an incredible opportunity to kickstart your homeownership journey! Don't waitcome see it today and make it yours!

Last Agent to Sell the Property

Carson Heckman

Keller Williams License #0225266750 Listed on: 01/17/2025

Keller Williams

Last Buyer's Agent

Carson Heckman

Keller Williams License #0225266750 Listed on: 01/17/2025

Keller Williams

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,030

Year Built

  • Built in 1947

Lot Details

  • 7,828 Sq Ft Lot

Home Design

  • Bungalow
  • Metal Roof

Interior Spaces

  • 1 Full Bathroom
  • 741 Sq Ft Home
  • 1-Story Property
  • Crawl Space
  • Scuttle Attic Hole
  • Fire and Smoke Detector

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Vinyl

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Schools

  • Perrymont Elementary School
  • Pl Dunbar Midl Middle School
  • Heritage High School

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater
  • High Speed Internet

Community Details

  • Stuart Heights Subdivision
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 05803002

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,030

Year Built

Built in 1947

Lot Details

7,828 Sq Ft Lot

Listing Details

  • Directions: Sandusky Drive to Thomas Road. The home will be on the left.
  • Days On Market: No
  • Prop. Type: Residential
  • Year Built: 1947
  • Garage Yn: No
  • Property Sub-Type: Single Family Residence
  • Subdivision Name: Stuart Heights
  • Above Grade Finished Sq Ft: 741.00
  • Architectural Style: Bungalow
  • 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: 1.00
  • Bathrooms Display: 1 (1 0)
  • Broker Approved: Yes
  • Reciprocal Listing: No
  • Has Attic: Scuttle
  • Has Basement: Crawl Space
  • Breakfast Area: 0x0 Level:
  • Flooring: Hardwood, Vinyl
  • Deck: 0x0 Level:
  • Den: 0x0 Level:
  • Family Room: 0x0 Level:
  • Formal Dining: 0x0 Level:
  • Foyer: 0x0 Level:
  • Level 1 Full Bathrooms: 1
  • Great Room: 0x0 Level:
  • Interior Amenities: High Speed Data Aval, Main Level Bedroom, Main Level Den, Smoke Alarm
  • Dining Kitchen: 11x11 Level: Level 1 Above Grade
  • Laundry: Main Level
  • Laundry Room: 0x0 Level:
  • Living Room: 15x12 Level: Level 1 Above Grade
  • Master Bedroom: 14x12 Level: Level 1 Above Grade
  • Office: 0x0 Level:
  • Other Room 1: 0x0 Level:
  • Other Room 2: 0x0 Level:
  • Other Room 3: 0x0 Level:
  • Porch: 0x0 Level:
  • Rec Room: 0x0 Level:
  • Screened Porch: 0x0 Level:
  • Sun Room: 0x0 Level:
  • Appliances: Dishwasher, Dryer, Microwave, Range-Elec, Range-Gas, Refrigerator, Washer
  • Stories: One
  • Sixth Bedroom: 0x0 Level:
  • Fifth Bedroom: 0x0 Level:
  • Third Bedroom: 0x0 Level:
  • Fourth Bedroom: 0x0 Level:
  • Second Bedroom: 10x11 Level: Level 1 Above Grade
  • Room Master Bedroom Area: 168.000000
  • Room Kitchen Area: 121.000000
  • Room Living Room Area: 180.000000
  • Room Bedroom2 Area: 110.000000
  • MasterBedroomDimensions Dim: 14.000 x 12.000
  • Kitchen Dim: 11.000 x 11.000
  • Sunroom Dim: 0.000 x 0.000
  • Master Bedroom Master Bedroom Width: 12.000

Exterior Features

  • Lot Number: 2
  • Roof: Metal
  • New Construction: Completed
  • Exterior Features: Deck, Porch
  • Patio: 0x0 Level:

Garage/Parking

  • Carport: 0x0 Level:
  • Garage Dim: 0.000 x 0.000

Utilities

  • Utility Electric: AEP/Appalachian Powr
  • Cooling: Central Electric
  • Sewer: City
  • Water Heater: Electric, Gas
  • Heating: Forced Warm Air-Gas
  • Water Source: City

Schools

  • Elementary School: Perrymont Elem
  • High School: Heritage High
  • Middle School: PL Dunbar Midl
  • Junior High Dist: Lynchburg

Lot Info

  • Acres: 0.1797
  • Lot Size Sq Ft: 7828.00
  • ResoLotSizeUnits: Acres
  • Parcel Number: 05803002
  • ResoLotSizeUnits: Acres

Rental Info

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

Tax Info

  • Estimated Taxes: 1030

Multi Family

  • Existing Lease Type: Net

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2025
Closed on
Mar 12, 2025
Sold by
Bought by
Seller's Agent
Carson Heckman
Keller Williams
Buyer's Agent
Carson Heckman
Keller Williams
List Price
$164,900
Sold Price
$155,000
Premium/Discount to List
-$9,900
-6%
Views
56
Current Estimated Value
$155,108

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108
Avg. Annual Appreciation
0.05%
Original Mortgage
$150,350
Outstanding Balance
$149,592
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$5,516

Purchase Details

Listed on
Aug 3, 2024
Closed on
Sep 17, 2024
Sold by
Bought by
Seller's Agent
Lolly Baker
Mark A. Dalton & Co., Inc.
Buyer's Agent
Carson Heckman
Keller Williams
List Price
$149,900
Sold Price
$140,000
Premium/Discount to List
-$9,900
-6.6%
Views
38

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.62%
Original Mortgage
$140,000
Interest Rate
6.47%
Mortgage Type
Construction

Purchase Details

Listed on
Sep 3, 2020
Closed on
Oct 12, 2020
Sold by
Bought by
Seller's Agent
Josh Redmond
Mark A. Dalton & Co., Inc.
Buyer's Agent
Sheena Frost
eXp Realty LLC-Stafford
List Price
$104,900
Sold Price
$108,000
Premium/Discount to List
$3,100
2.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.86%
Original Mortgage
$106,043
Interest Rate
2.8%
Mortgage Type
FHA

Purchase Details

Listed on
May 12, 2015
Closed on
Oct 6, 2015
Sold by
Bought by
Seller's Agent
Marlene Shelton-Giles
RE/MAX 1st Olympic
Buyer's Agent
Scott Bernard
The Real Estate Advantage
List Price
$44,900
Sold Price
$33,200
Premium/Discount to List
-$11,700
-26.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.49%
Original Mortgage
$26,560
Interest Rate
3.88%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$155,000 Old Republic National Title
$140,000 Pike Title
$108,000 None Available
$33,200 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $150,350
Previous Owner $140,000
Previous Owner $106,043
Previous Owner $26,560
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/13/2025 03/13/25 Sold $155,000 -3.1% $209 / Sq Ft
02/14/2025 02/14/25 Pending -- -- --
02/05/2025 02/05/25 Price Changed $159,900 -3.0% $216 / Sq Ft
01/17/2025 01/17/25 For Sale $164,900 +17.8% $223 / Sq Ft
09/18/2024 09/18/24 Sold $140,000 +7.8% $189 / Sq Ft View Prior Sale
08/24/2024 08/24/24 Pending -- -- --
08/22/2024 08/22/24 Price Changed $129,900 -13.3% $175 / Sq Ft
08/22/2024 08/22/24 For Sale $149,900 0.0% $202 / Sq Ft
08/12/2024 08/12/24 Pending -- -- --
08/09/2024 08/09/24 Price Changed $149,900 -6.3% $202 / Sq Ft
08/03/2024 08/03/24 For Sale $159,900 +48.1% $216 / Sq Ft
10/21/2020 10/21/20 Sold $108,000 +3.0% $146 / Sq Ft View Prior Sale
09/04/2020 09/04/20 Pending -- -- --
09/03/2020 09/03/20 For Sale $104,900 +216.0% $142 / Sq Ft
10/16/2015 10/16/15 Sold $33,200 -26.1% $45 / Sq Ft View Prior Sale
10/16/2015 10/16/15 Pending -- -- --
05/12/2015 05/12/15 For Sale $44,900 -- $61 / Sq Ft
Source: Lynchburg Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,158 $137,900 $25,000 $112,900
2024 $1,030 $115,700 $20,000 $95,700
2023 $1,030 $115,700 $20,000 $95,700
2022 $1,091 $105,900 $18,000 $87,900
2021 $1,175 $105,900 $18,000 $87,900
2020 $622 $56,000 $18,000 $38,000
2019 $622 $56,000 $18,000 $38,000
2018 $541 $52,600 $15,000 $37,600
2017 $584 $52,600 $15,000 $37,600
2016 $584 $44,800 $15,000 $29,800
2015 $373 $64,200 $15,000 $49,200
2014 $713 $64,200 $15,000 $49,200
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2025

    Carson Heckman

    Keller Williams

    4 in this area

    70 Total Sales

    Carson Heckman
    Section Image

  • L

    Seller's Agent in 2024

    Lolly Baker

    Mark A. Dalton & Co., Inc.

    (434) 333-5688

    3 in this area

    154 Total Sales

    Lolly Baker
    Section Image

  • J

    Seller's Agent in 2020

    Josh Redmond

    Mark A. Dalton & Co., Inc.

    (434) 386-1998

    10 in this area

    337 Total Sales

    Josh Redmond
    Section Image

  • S

    Buyer's Agent in 2020

    Sheena Frost

    eXp Realty LLC-Stafford

    Section Image

  • S

    Buyer's Agent in 2015

    Scott Bernard

    The Real Estate Advantage

    Section Image
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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 356736

APN: 058-03-002

Virginia Lynchburg City County Lynchburg 24502 Perrymont

702 Thomas Rd, Lynchburg, VA

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