NOT LISTED FOR SALE

Estimated Value: $123,000 - $185,000

-- Bed
2 Baths
1,993 Sq Ft
$77/Sq Ft Est. Value

Last Sold December 28, 2017

Last sale price $85,500 $43 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $934/month

107 Days on Market

Highlights

  • Forced Air Heating System
  • Heating System Uses Steam
  • Carpet

About This Home

As of December 2017

Great investment property with both units having long term tenants. Both units offers 2 bedrooms and one bath.

Last Agent to Sell the Property

Frank Londeree

Londeree's Real Estate & Prop. License #0225189108 Listed on: 08/10/2017

Last Buyer's Agent

Kandise Powell

RE/MAX 1st Olympic License #0225201499

RE/MAX 1st Olympic

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $900

Year Built

  • Built in 1905

Lot Details

  • 4,792 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • 1,993 Sq Ft Home
  • Plaster Walls

Flooring

  • Carpet
  • Vinyl

Schools

  • Tc Miller Elementary School
  • Pl Dunbar Midl Middle School
  • E. C. Glass High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Steam
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 01209017

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $800
  • Water Sewer Expense $70
  • New Taxes Expense $900
  • Gross Income $11,580

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$900

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Directions: Memorial Ave to Oakley to Euclid or Park Ave turn beside Miller Park to Euclid.
  • Lot Measurement: Acres
  • Lot Sq Ft: 4792.00
  • Days On Market: No
  • Property Subtype1: Multi-Family
  • Prop. Type: Multi-Family
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 01209017
  • Year Built: 1905
  • Heating System: Forced Warm Air-Gas, Hot Water-Gas, Steam-Gas
  • Unit Info Number Unfurnished Units: 2
  • Taxes Expense: 900.00
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Broker Approved: Yes
  • Legal Description: CENTRAL PARK BLK 4 LOT 5
  • Reciprocal Listing: No
  • Flooring: Carpet, Vinyl
  • Year Built Exception: 0
  • Walls: Plaster

Garage/Parking

  • Parking: On-Street

Utilities

  • Cooling: Window Unit(s)
  • Sewer: City
  • Hot Water: City
  • Water Heater: Gas, Individual
  • Number of Gas Meters: 2
  • Number Of Water Meters: 2

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors

Fee Information

  • Insurance Expenses: 800.00

Schools

  • School District: Lynchburg
  • School District: Lynchburg

Lot Info

  • Lot Sq Ft: 1993.00
  • Zoning: R3

Rental Info

  • Types Of Leases: Month to Month, Other

Tax Info

  • Estimated Taxes: 900

Multi Family

  • Annual Gross Income: 11580.00
  • Total Number Units: 2
  • Water Expense: 70.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2017
Closed on
Dec 20, 2017
Sold by
Efford Brenda Gay
Bought by
Radon Jenny
Seller's Agent
Frank Londeree
Londeree's Real Estate & Prop.
Buyer's Agent
Kandise Powell
RE/MAX 1st Olympic
List Price
$88,900
Sold Price
$85,500
Premium/Discount to List
-$3,400
-3.82%
Total Days on Market
107
Current Estimated Value
$152,985

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,485
Avg. Annual Appreciation
7.83%

Purchase Details

Closed on
Jun 26, 2006
Sold by
Schwedt Ronald A and Schwedt Rachel E
Bought by
Efford Brenda Gay
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
Radon Jenny $85,000 None Available
Efford Brenda Gay $90,000 Integrity Title & Settlement
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2017 12/28/17 Sold $85,500 -3.8% $43 / Sq Ft
11/25/2017 11/25/17 Pending -- -- --
08/10/2017 08/10/17 For Sale $88,900 -- $45 / 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 $951 $106,900 $20,000 $86,900
2023 $951 $106,900 $20,000 $86,900
2022 $1,018 $91,700 $12,000 $79,700
2021 $1,018 $91,700 $12,000 $79,700
2020 $941 $84,800 $12,000 $72,800
2019 $941 $84,800 $12,000 $72,800
2018 $897 $80,800 $8,600 $72,200
2017 $897 $80,800 $8,600 $72,200
2016 $897 $80,800 $8,600 $72,200
2015 $224 $80,800 $8,600 $72,200
2014 $224 $85,000 $9,000 $76,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 307037

APN: 012-09-017