NOT LISTED FOR SALE

707 Madison St Lynchburg, VA 24504

College Hill Neighborhood

Estimated Value: $165,000 - $303,000

3 Beds
2.5 Baths
1,696 Sq Ft
$132/Sq Ft Est. Value

Sale Details

Date Sold: July 7, 2022

Last sale price $204,900 $121 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,319 / mo

5 Days on Market

Highlights

  • Wood Flooring
  • Workshop
  • En-Suite Primary Bedroom
  • Paul Munro Elementary School Rated A-
  • Formal Dining Room
  • Ceiling Fan

About This Home

As of July 2022

This completely renovated two story home in the heart of Downtown Lynchburg has 3 bedrooms and 2.5 bathrooms, and new everything. New electrical, plumbing, new heat pump and Brand new kitchen with stainless steel appliances and granite countertops. Two porches and off street parking/paved driveway.

Last Agent to Sell the Property

Teresa Khanna

T.Y. Realty Incorporated License #0225053172 Listed on: 03/30/2022

Co-Listed By

Salina Khanna

T.Y. Realty Incorporated License #0225226612

Last Buyer's Agent

Dave Marple

BHHS Dawson Ford Garbee License #0225216332

BHHS Dawson Ford Garbee

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,500

Year Built

  • Built in 1905 | Under Construction

Lot Details

  • 3,054 Sq Ft Lot
  • Property is zoned R-2

Home Design

  • Shingle Roof
  • Slate Roof

Interior Spaces

  • 1,696 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Formal Dining Room
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • Bathtub Includes Tile Surround

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Attic

  • Attic Access Panel
  • Scuttle Attic Hole

Basement

  • Exterior Basement Entry
  • Workshop

Schools

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

Utilities

  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • College Hill Subdivision

Listing and Financial Details

  • Assessor Parcel Number 02438007

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,500

Year Built

Built in 1905 | Under Construction

Lot Details

3,054 Sq Ft Lot

Listing Details

  • FILLACRES: 0.0701
  • Directions: From 5th street turn on Madison St. and its on your right.
  • ElementarySchool7: Paul Munro Elem
  • HighSchool7: E. C. Glass High
  • Internet Providers: Comcast/Xfinity
  • Lot Measurement: Acres
  • Lot Sq Ft: 3054.00
  • MiddleSchool7: Linkhorne Midl
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 02438007
  • Year Built: 1905
  • Heating System: Heat Pump
  • Building Stories: Two
  • Dwelling Styles: Two Story
  • Estimated Completion: 2022-04-23
  • Laundryroom Dim: 0.000 x 0.000
  • Living Room Dim: 14.000 x 12.000
  • Livingroom Len: 14.000
  • Livingroom Wid: 12.000
  • Masterbedroom Area: 224.000000
  • Master Bedroom Dim: 14.000 x 16.000
  • Masterbedroom Len: 14.000
  • Masterbedroom Wid: 16.000
  • Office Dim: 0.000 x 0.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 3.00
  • Bathrooms Display: 3 (2 1)
  • Lower Floor 1 Bedrooms: 3
  • Broker Approved: Yes
  • Legal Description: FEDERAL HILL, BLK 161
  • Reciprocal Listing: No
  • Second Bedroom: 12x12 Level: Level 2 Above Grade
  • Second Bedroom Area: 144.000000
  • Third Bedroom: 12x12 Level: Level 2 Above Grade
  • Third Bedroom Area: 144.000000
  • Above Grade Finished Sq Ft: 1696.00
  • ApplianceConvey: Dishwasher, Microwave, Range-Elec
  • Has Attic: Access, Scuttle
  • Has Basement: Exterior Entrance, Workshop
  • Flooring: Hardwood, Tile
  • Year Built Exception: 0
  • Formal Dining: 14x12 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 1
  • Level 2 Full Bathrooms: 1
  • Level 2 Half Bathroom: 1
  • Interior Amenities: Cable Available, Ceiling Fan(s), Drywall, Master Bed w/ Bath, Separate Dining Room, Smoke Alarm, Tile Bath(s)
  • Dining Kitchen: 10x10 Level: Level 1 Above Grade
  • Laundry: Dryer Connection, Main Level, Washer Connections
  • Living Room: 14x12 Level: Level 1 Above Grade
  • Master Bedroom: 14x16 Level: Level 2 Above Grade
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 100.000000
  • LivingRoom Area: 168.000000
  • 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: Shingle, Slate
  • New Construction: Under Construction
  • Exterior Features: Paved Drive, Insulated Glass

Garage/Parking

  • Garage Dim: 0.000 x 0.000

Utilities

  • Utility Electric: AEP/Appalachian Powr
  • Air Conditioner: Heat Pump
  • Sewer: City
  • Hot Water: City
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors
  • Subdivision Complex: College Hill

Schools

  • School District: Lynchburg

Lot Info

  • Lot Sq Ft: 1696.00
  • Zoning: R-2

Tax Info

  • Estimated Taxes: 1500

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
Mar 30, 2022
Closed on
Jul 5, 2022
Sold by
Bought by
Seller's Agent
Teresa Khanna
T.Y. Realty Incorporated
Buyer's Agent
Dave Marple
BHHS Dawson Ford Garbee
List Price
$199,900
Sold Price
$204,900
Premium/Discount to List
$5,000
2.5%
Current Estimated Value
$216,728

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,828
Avg. Annual Appreciation
2.16%
Original Mortgage
$163,920
Outstanding Balance
$151,629
Interest Rate
3.99%
Mortgage Type
New Conventional
Estimated Equity
$72,209

Purchase Details

Closed on
Feb 16, 2021
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 1, 2019
Closed on
Feb 28, 2020
Sold by
Bought by
Seller's Agent
Jim Straebel
Coldwell Banker Forehand & Co.
Buyer's Agent
Teresa Khanna
T.Y. Realty Incorporated
List Price
$39,900
Sold Price
$39,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.49%

Purchase Details

Listed on
Nov 1, 2019
Closed on
Feb 26, 2020
Sold by
Bought by
Seller's Agent
Jim Straebel
Coldwell Banker Forehand & Co.
Buyer's Agent
Teresa Khanna
T.Y. Realty Incorporated
List Price
$39,900
Sold Price
$39,900
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in College Hill, VA

  • DON MARR Real Estate Agent - NEXTHOME TWOFOURFIVE

    DON MARR

    NEXTHOME TWOFOURFIVE

    (434) 771-2354

    80 Total Sales

    1 in College Hill

    $205,900 Price

    DON MARR
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  • Mason Kiffmeyer Real Estate Agent - LPT Realty, Inc

    Mason Kiffmeyer

    LPT Realty, Inc

    (952) 356-1722

    190 Total Sales

    2 in College Hill

    $200K - $228K Price Range

    Mason Kiffmeyer
     Section Image
  • Brandon Black Real Estate Agent - Real Broker, LLC

    Brandon Black

    Real Broker, LLC

    (434) 300-3675

    65 Total Sales

    1 in College Hill

    $108,000 Price

    Brandon Black
     Section Image
  • Teresa Grant Real Estate Agent - Keller Williams

    Teresa Grant

    Keller Williams

    (434) 300-3959

    279 Total Sales

    4 in College Hill

    $60K - $465K Price Range

    Teresa Grant
     Section Image
  • Tammi Moore Real Estate Agent - TMOORE REAL ESTATE GROUP LLC

    Tammi Moore

    Responds Quickly

    TMOORE REAL ESTATE GROUP LLC

    (434) 771-3635

    179 Total Sales

    1 in College Hill

    $220,000 Price

    Tammi Moore
     Section Image
  • Jeremy Phillips Real Estate Agent - BERKSHIRE HATHAWAY HOMESERVICES DAWSON FORD GARBEE & CO, REALTORS®

    Jeremy Phillips

    Responds Quickly

    BERKSHIRE HATHAWAY HOMESERVICES DAWSON FORD GARBEE & CO, REALTORS®

    (434) 300-3608

    173 Total Sales

    1 in College Hill

    $179,000 Price

    Jeremy Phillips
     Section Image
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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
$204,900 None Listed On Document
$70,000 Fidelity National Title
-- None Available
$39,900 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 $163,920
Previous Owner $105,000
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
07/07/2022 07/07/22 Sold $204,900 +2.5% $121 / Sq Ft
04/04/2022 04/04/22 Pending -- -- --
03/30/2022 03/30/22 For Sale $199,900 +401.0% $118 / Sq Ft
03/03/2020 03/03/20 Sold $39,900 0.0% $24 / Sq Ft View Prior Sale
02/10/2020 02/10/20 Pending -- -- --
11/01/2019 11/01/19 For Sale $39,900 -- $24 / 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 $1,558 $203,200 $12,000 $191,200
2024 $1,636 $183,800 $11,200 $172,600
2023 $1,478 $183,800 $11,200 $172,600
2022 $1,308 $144,700 $8,000 $136,700
2021 $72 $43,600 $8,000 $35,600
2020 $390 $52,800 $6,000 $46,800
2019 $390 $52,800 $6,000 $46,800
2018 $97 $52,800 $6,000 $46,800
2017 $390 $52,800 $6,000 $46,800
2016 $390 $52,800 $6,000 $46,800
2015 $97 $48,700 $1,900 $46,800
2014 $86 $48,700 $1,900 $46,800
Source: Public Records

Agents Affiliated with this Home

  • Teresa Khanna Real Estate Agent - T.Y. Realty Incorporated

    Seller's Agent in 2022

    Teresa Khanna

    T.Y. Realty Incorporated

    (434) 444-1060

    1 in this area

    62 Total Sales

    Teresa Khanna
    Section Image
  • Salina Khanna Real Estate Agent - T.Y. Realty Incorporated

    Seller Co-Listing Agent in 2022

    Salina Khanna

    T.Y. Realty Incorporated

    (434) 401-1255

    6 in this area

    97 Total Sales

    Salina Khanna
    Section Image

  • DM

    Buyer's Agent in 2022

    Dave Marple

    BHHS Dawson Ford Garbee

    (703) 829-5270

    5 in this area

    25 Total Sales

    Dave Marple
    Section Image

  • JS

    Seller's Agent in 2020

    Jim Straebel

    Coldwell Banker Forehand & Co.

    (434) 847-7731

    31 Total Sales

    Jim Straebel
    Section Image
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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 337333

APN: 024-38-007

Virginia Lynchburg City County Lynchburg 24504 College Hill

707 Madison St, Lynchburg, VA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed to be reliable but not guaranteed.

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