NOT LISTED FOR SALE

703 Norwood St Lynchburg, VA 24504

Daniel's Hill Neighborhood

Estimated Value: $111,000 - $174,000

3 Beds
1.5 Baths
1,792 Sq Ft
$77/Sq Ft Est. Value

Last Sold April 18, 2022

Last sale price $75,000 $42 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $833/month

15 Days on Market

About This Home

As of April 2022

Attention Investors! This solid 3-bedroom, 1.5-bathroom home has been very well kept for its age. Offering a great investment opportunity, this home also sits right along the Historic Daniels Hill District in Rivermont. Just a minutes' walk from downtown or local amenities like the Black Water Creek Trail, this home has some tremendous potential for those able to invest in the updates it needs. This home is being sold As-Is. Seller will make no repairs or credits. Inspections are for informational purposes only.

Last Agent to Sell the Property

Michael Perry

Long & Foster-Forest License #0225253147 Listed on: 02/08/2022

Long & Foster-Forest

Last Buyer's Agent

Susan Murray

Epique Realty License #0225212736

Epique Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $685

Year Built

  • Built in 1890

Lot Details

  • 5,153 Sq Ft Lot
  • Fenced Yard

Home Design

  • Metal Roof

Interior Spaces

  • 1,792 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Crawl Space
  • Electric Range
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

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

Utilities

  • Heat Pump System

Community Details

  • Rivermont Subdivision

Listing and Financial Details

  • Assessor Parcel Number 04405006

Home Details

Home Type

Single Family

Est. Annual Taxes

$685

Year Built

Built in 1890

Lot Details

0

Listing Details

  • FILLACRES: 0.1183
  • Directions: Take US-29 BUS N to D St in Lynchburg, Take exit 1A for Main Street toward Downtown, Turn right onto Main St, Continue onto Rivermont Ave, once you cross bridge on Rivermont Ave make first right, on D St, Turn left onto Hancock St, Turn right onto G
  • ElementarySchool7: Linkhorne Elem
  • HighSchool7: E. C. Glass High
  • Lot Measurement: Acres
  • Lot Sq Ft: 5153.00
  • MiddleSchool7: Linkhorne Midl
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 04405006
  • Year Built: 1890
  • Heating System: Heat Pump
  • Building Stories: Two
  • Dwelling Styles: Two Story
  • Laundryroom Dim: 0.000 x 0.000
  • Living Room Dim: 15.100 x 14.100
  • Livingroom Len: 15.100
  • Livingroom Wid: 14.100
  • Masterbedroom Area: 202.940000
  • Master Bedroom Dim: 14.600 x 13.900
  • Masterbedroom Len: 14.600
  • Masterbedroom Wid: 13.900
  • Office Dim: 0.000 x 0.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 2.00
  • Bathrooms Display: 2 (1 1)
  • Lower Floor 1 Bedrooms: 3
  • Broker Approved: Yes
  • Legal Description: DANIELS HILL, BLK 757
  • Reciprocal Listing: No
  • Second Bedroom: 15x14 Level: Level 1 Above Grade
  • Second Bedroom Area: 210.000000
  • Third Bedroom: 15.10x14.30 Level: Level 2 Above Grade
  • Third Bedroom Area: 215.930000
  • Above Grade Finished Sq Ft: 1792.00
  • ApplianceConvey: Range-Elec
  • Has Attic: Other
  • Has Basement: Crawl Space
  • Flooring: Hardwood
  • Year Built Exception: 0
  • Formal Dining: 14.20x11 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 1
  • First Level Half Bathrooms: 1
  • Interior Amenities: Other
  • Laundry: Dryer Connection, Washer Connections
  • Living Room: 15.10x14.10 Level: Level 1 Above Grade
  • Master Bedroom: 14.60x13.90 Level: Level 1 Above Grade
  • Livinggreat Room Dim: 0.000 x 0.000
  • LivingRoom Area: 212.910000
  • Est Other Room1 Dim: 0.000 x 0.000
  • Est Other Room2 Dim: 0.000 x 0.000
  • Est Other Room3 Dim: 0.000 x 0.000
  • Rec Room Dim: 0.000 x 0.000
  • Sunroom Dim: 0.000 x 0.000

Exterior Features

  • Roof: Metal
  • New Construction: Completed
  • Exterior Features: Fenced Yard

Garage/Parking

  • Garage Dim: 0.000 x 0.000

Utilities

  • Air Conditioner: Heat Pump
  • Sewer: City
  • Hot Water: City
  • Water Heater: Other

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors
  • Subdivision Complex: Rivermont

Schools

  • School District: Lynchburg
  • School District: Lynchburg

Lot Info

  • Lot Sq Ft: 1792.00

Tax Info

  • Estimated Taxes: 685

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2022
Closed on
Apr 11, 2022
Sold by
Johnny Ford Irrevocable Trust
Bought by
Ebony & Ivory Renovations Llc
Seller's Agent
Michael Perry
Long & Foster-Forest
Buyer's Agent
Susan Murray
Epique Realty
List Price
$105,000
Sold Price
$75,000
Premium/Discount to List
-$30,000
-28.57%
Current Estimated Value
$137,963

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,963
Avg. Annual Appreciation
19.76%
Original Mortgage
$63,750
Outstanding Balance
$60,358
Interest Rate
4.72%
Mortgage Type
New Conventional
Estimated Equity
$77,605

Purchase Details

Closed on
Aug 19, 2015
Sold by
Ford Johnny
Bought by
Crawley Debra C and Johnny Ford Irrevocable Trust
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
Ebony & Ivory Renovations Llc $75,000 Old Republic National Title
Crawley Debra C -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ebony & Ivory Renovations Llc $63,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2022 04/18/22 Sold $75,000 -28.6% $42 / Sq Ft
02/23/2022 02/23/22 Pending -- -- --
02/08/2022 02/08/22 For Sale $105,000 -- $59 / 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 $996 $111,900 $26,000 $85,900
2023 $898 $100,900 $15,000 $85,900
2022 $635 $61,700 $9,000 $52,700
2021 $342 $61,700 $9,000 $52,700
2020 $616 $55,500 $6,000 $49,500
2019 $616 $55,500 $6,000 $49,500
2018 $151 $54,500 $6,000 $48,500
2017 $605 $54,500 $6,000 $48,500
2016 $605 $54,500 $6,000 $48,500
2015 $151 $52,200 $3,000 $49,200
2014 $145 $55,200 $3,000 $52,200
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2022

    Michael Perry

    Long & Foster-Forest

    (434) 851-0152

    1 in this area

    6 Total Sales

    Michael Perry
    Section Image
  • Susan Murray

    Buyer's Agent in 2022

    Susan Murray

    Epique Realty

    (434) 420-4240

    13 in this area

    110 Total Sales

    Susan Murray
    Section Image
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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 336357

APN: 044-05-006

Virginia Lynchburg City County Lynchburg 24504 Daniel's Hill

703 Norwood St, Lynchburg, VA

This home is located at 703 Norwood St, Lynchburg, VA 24504 since 08 February 2022 and is currently estimated at $137,963, approximately $76 per square foot. This property was built in 1890. 703 Norwood St is a home located in Lynchburg City with nearby schools including Linkhorne Elementary School, Linkhorne Middle School, and E.C. Glass High School.

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