NOT LISTED FOR SALE

713 Federal St Lynchburg, VA 24504

College Hill Neighborhood

Estimated Value: $83,000 - $121,000

2 Beds
1 Bath
696 Sq Ft
$153/Sq Ft Est. Value

Last Sold August 17, 2022

Last sale price $65,000 $93 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $661/month

56 Days on Market

Highlights

  • Wood Flooring
  • Bungalow
  • 1-Story Property
  • Paul Munro Elementary School Rated A-

About This Home

As of August 2022

Investment Opportunity! This home features Eat-In Kitchen, 2 Bedrooms, Full Bath, Large Living Room, Hardwood Floors, Replacement Windows, Covered Back Porch, W/D connections in Basement. This home has so much potential with some upgrades and TLC! Call for your showing today!

Last Agent to Sell the Property

Sarah Thomas

Brownstone Properties License #0225032285 Listed on: 05/26/2022

Co-Listed By

Kelly Eckard

Brownstone Properties License #0225218834

Last Buyer's Agent

Savannah Ballard

Divine Fog Realty Company LLC License #0225259748

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $500

Year Built

  • Built in 1952

Lot Details

  • 5,271 Sq Ft Lot

Home Design

  • Bungalow
  • Shingle Roof

Interior Spaces

  • 696 Sq Ft Home
  • 1-Story Property
  • Scuttle Attic Hole
  • Gas Range
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Laundry in Basement

Schools

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

Utilities

  • Heat Pump System
  • Gas Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$500

Year Built

Built in 1952

Lot Details

0

Listing Details

  • FILLACRES: 0.1210
  • Directions: 8th St. to Federal St. Home on left. Brownstone sign in yard.
  • ElementarySchool7: Paul Munro Elem
  • HighSchool7: E. C. Glass High
  • Lot Measurement: Acres
  • Lot Sq Ft: 5271.00
  • MiddleSchool7: Linkhorne Midl
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • Year Built: 1952
  • Heating System: Heat Pump
  • Building Stories: One
  • Dwelling Styles: Bungalow
  • Laundryroom Dim: 0.000 x 0.000
  • Living Room Dim: 15.000 x 11.000
  • Livingroom Len: 15.000
  • Livingroom Wid: 11.000
  • Masterbedroom Area: 121.000000
  • Master Bedroom Dim: 11.000 x 11.000
  • Masterbedroom Len: 11.000
  • Masterbedroom Wid: 11.000
  • 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)
  • Lower Floor 1 Bedrooms: 2
  • Broker Approved: Yes
  • Legal Description: Federal Hill, Block 305
  • Reciprocal Listing: No
  • Second Bedroom: 11x9 Level: Level 1 Above Grade
  • Second Bedroom Area: 99.000000
  • Above Grade Finished Sq Ft: 696.00
  • ApplianceConvey: Range-Gas, Refrigerator
  • Has Attic: Scuttle
  • Has Basement: Exterior Entrance, Full
  • Flooring: Hardwood, Vinyl
  • Year Built Exception: 0
  • Level 1 Full Bathrooms: 1
  • Interior Amenities: Main Level Bedroom
  • Dining Kitchen: 11x10 Level: Level 1 Above Grade
  • Laundry: Basement, Dryer Connection, Washer Connections
  • Living Room: 15x11 Level: Level 1 Above Grade
  • Master Bedroom: 11x11 Level: Level 1 Above Grade
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 110.000000
  • LivingRoom Area: 165.000000
  • 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
  • New Construction: Completed
  • Exterior Features: 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: Gas

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors

Schools

  • School District: Lynchburg
  • School District: Lynchburg

Lot Info

  • Lot Sq Ft: 696.00

Tax Info

  • Estimated Taxes: 500

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 9, 2023
Sold by
Olson Lauren Diane and Howerton Ashley Noel
Bought by
Compass Properties Llc
Current Estimated Value
$106,286

Purchase Details

Listed on
May 26, 2022
Closed on
Aug 28, 2022
Sold by
Diane Olson Lauren
Bought by
Olson Lauren Diane and Howerton Ashley Noel
Seller's Agent
Sarah Thomas
Brownstone Properties
Buyer's Agent
Savannah Ballard
Divine Fog Realty Company LLC
List Price
$79,000
Sold Price
$65,000
Premium/Discount to List
-$14,000
-17.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.13%
Original Mortgage
$52,000
Interest Rate
5.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 26, 2022
Closed on
Aug 1, 2022
Sold by
Michael Thomas J
Bought by
Olson Lauren Diane
Seller's Agent
Sarah Thomas
Brownstone Properties
Buyer's Agent
Savannah Ballard
Divine Fog Realty Company LLC
List Price
$79,000
Sold Price
$65,000
Premium/Discount to List
-$14,000
-17.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
5.3%
Mortgage Type
New Conventional
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
Compass Properties Llc -- None Listed On Document
Olson Lauren Diane -- Twery Seth E
Olson Lauren Diane $65,000 New Title Company Name
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Compass Properties Llc $85,400
Closed Compass Properties Llc $38,600
Previous Owner Olson Lauren Diane $52,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2022 08/17/22 Sold $65,000 -17.7% $93 / Sq Ft
07/21/2022 07/21/22 Pending -- -- --
05/26/2022 05/26/22 For Sale $79,000 -- $114 / 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 $981 $110,200 $14,000 $96,200
2023 $425 $110,200 $14,000 $96,200
2022 $485 $43,700 $10,000 $33,700
2021 $485 $43,700 $10,000 $33,700
2020 $467 $42,100 $8,000 $34,100
2019 $467 $42,100 $8,000 $34,100
2018 $462 $41,600 $8,000 $33,600
2017 $462 $41,600 $8,000 $33,600
2016 $462 $41,600 $8,000 $33,600
2015 $462 $40,600 $2,000 $38,600
2014 $451 $40,600 $2,000 $38,600
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2022

    Sarah Thomas

    Brownstone Properties

    1 in this area

    56 Total Sales

    Sarah Thomas
    Section Image

  • K

    Seller Co-Listing Agent in 2022

    Kelly Eckard

    Brownstone Properties

    (434) 610-6216

    1 in this area

    60 Total Sales

    Kelly Eckard
    Section Image

  • S

    Buyer's Agent in 2022

    Savannah Ballard

    Divine Fog Realty Company LLC

    Section Image
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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 338472

APN: 024-40-005

Virginia Lynchburg City County Lynchburg 24504 College Hill

713 Federal St, Lynchburg, VA

This home is located at 713 Federal St, Lynchburg, VA 24504 since 26 May 2022 and is currently estimated at $106,286, approximately $152 per square foot. This property was built in 1952. 713 Federal St is a home located in Lynchburg City with nearby schools including Paul Munro Elementary School, Linkhorne Middle School, and E.C. Glass High School.

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