NOT LISTED FOR SALE

718 Wise St Lynchburg, VA 24501

College Hill Neighborhood

Estimated Value: $55,000 - $121,000

2 Beds
1.5 Baths
1,472 Sq Ft
$66/Sq Ft Est. Value

Last Sold August 27, 2019

Last sale price $48,500 $33 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $565/month

33 Days on Market

Highlights

  • Wood Flooring
  • Fenced Yard
  • Outdoor Storage
  • Formal Dining Room
  • Paneling
  • 4-minute walk to Old City Cemetery and Gardens

About This Home

As of August 2019

Now is your chance to own this lovely nineteenth century home, within minutes to popular downtown Lynchburg and centrally located , this home is move in ready for the its new owners with tons of updates over the recent years including replacement windows through out the home, newer flooring, a half bath on the main level , a spacious kitchen and a generous size laundry room on the main level. Two huge bedrooms on the second level , newer roof , heat pump for both heating an air , fenced leveled yard, off-street parking and so much more. Call now don't wait!

Last Agent to Sell the Property

Florence Kilonzo

John Stewart Walker, Inc License #0225219160 Listed on: 06/12/2019

Last Buyer's Agent

Tim Johannsen

Mark A. Dalton & Co., Inc. License #0225226362

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $472

Year Built

  • Built in 1890

Lot Details

  • 4,792 Sq Ft Lot
  • Fenced Yard
  • Property is zoned B-5

Parking

  • 1 Carport Space

Home Design

  • Shingle Roof
  • Plaster

Interior Spaces

  • 1,472 Sq Ft Home
  • 2-Story Property
  • Paneling
  • Drapes & Rods
  • Formal Dining Room
  • Crawl Space
  • Fire and Smoke Detector
  • Washer

Kitchen

  • Electric Range
  • Microwave

Flooring

  • Wood
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathtub Includes Tile Surround

Outdoor Features

  • Outdoor Storage

Schools

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

Utilities

  • Heat Pump System
  • Electric Water Heater

Community Details

  • College Hill Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01027014

Home Details

Home Type

Single Family

Est. Annual Taxes

$472

Year Built

Built in 1890

Lot Details

0

Listing Details

  • FILLACRES: 0.1100
  • BuildingOnProperty: Storage Building
  • Directions: From Park Ave sharp right onto Wise St home on your left, From Downtown turn right onto 12th St to right onto Wise St home on your right
  • ElementarySchool7: Bedford Hills Elem
  • HighSchool7: E. C. Glass High
  • Internet Providers: Comcast/Xfinity
  • Lot Measurement: Acres
  • Lot Sq Ft: 4792.00
  • MiddleSchool7: Linkhorne Midl
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 01027014
  • Year Built: 1890
  • Heating System: Heat Pump
  • Building Stories: Two
  • Dwelling Styles: Two Story
  • Laundryroom Dim: 0.000 x 0.000
  • Living Room Dim: 16.000 x 15.000
  • Livingroom Len: 16.000
  • Livingroom Wid: 15.000
  • Masterbedroom Area: 240.000000
  • Master Bedroom Dim: 16.000 x 15.000
  • Masterbedroom Len: 16.000
  • Masterbedroom Wid: 15.000
  • 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: 2
  • Broker Approved: Yes
  • Legal Description: College Hill, Blk 519
  • Reciprocal Listing: No
  • Second Bedroom: 15x10 Level: Level 2 Above Grade
  • Second Bedroom Area: 150.000000
  • Above Grade Finished Sq Ft: 1472.00
  • ApplianceConvey: Microwave, Range-Elec, Refrigerator, Washer
  • Has Attic: None
  • Has Basement: Crawl Space
  • Flooring: Hardwood, Laminate, Vinyl
  • Year Built Exception: 0
  • Formal Dining: 11x16 Level: Level 1 Above Grade
  • Level 2 Full Bathrooms: 1
  • First Level Half Bathrooms: 1
  • Interior Amenities: Cable Connections, Drapes, Paneling, Plaster, Separate Dining Room, Smoke Alarm, Tile Bath(s)
  • Dining Kitchen: 12x13 Level: Level 1 Above Grade
  • Laundry: Washer Connections
  • Living Room: 16x15 Level: Level 1 Above Grade
  • Master Bedroom: 16x15 Level: Level 2 Above Grade
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 156.000000
  • LivingRoom Area: 240.000000
  • 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: Fenced Yard, Insulated Glass

Garage/Parking

  • CarportParking: 1 Car
  • 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
  • School District: Lynchburg

Lot Info

  • Lot Sq Ft: 1472.00
  • Zoning: B-5

Tax Info

  • Estimated Taxes: 472

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2019
Closed on
Aug 22, 2019
Sold by
Calvert Trust
Bought by
Lykins Joseph
Seller's Agent
Florence Kilonzo
John Stewart Walker, Inc
Buyer's Agent
Tim Johannsen
Mark A. Dalton & Co., Inc.
List Price
$57,000
Sold Price
$48,500
Premium/Discount to List
-$8,500
-14.91%
Current Estimated Value
$97,778

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,278
Avg. Annual Appreciation
12.59%
Original Mortgage
$2,425
Outstanding Balance
$2,151
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$97,494

Purchase Details

Closed on
Nov 27, 2018
Sold by
Robinson Derrick and Williams Christina
Bought by
Calvert Phyillis J and Phyllis J Calvert Revocable Trust
Source: Public Records

Range of Values:

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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
Lykins Joseph $48,500 None Available
Calvert Phyillis J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lykins Joseph $2,425
Open Lykins Joseph $47,621
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2019 08/27/19 Sold $48,500 -14.9% $33 / Sq Ft
07/15/2019 07/15/19 Pending -- -- --
06/12/2019 06/12/19 For Sale $57,000 -- $39 / 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 $528 $59,300 $14,000 $45,300
2023 $658 $59,300 $14,000 $45,300
2022 $564 $50,800 $10,000 $40,800
2021 $564 $50,800 $10,000 $40,800
2020 $484 $43,600 $8,000 $35,600
2019 $484 $43,600 $8,000 $35,600
2018 $118 $42,500 $8,000 $34,500
2017 $472 $42,500 $8,000 $34,500
2016 $472 $42,500 $8,000 $34,500
2015 $118 $43,100 $2,000 $41,100
2014 $120 $43,100 $2,000 $41,100
Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2019

    Florence Kilonzo

    John Stewart Walker, Inc

    Section Image

  • T

    Buyer's Agent in 2019

    Tim Johannsen

    Mark A. Dalton & Co., Inc.

    (804) 502-6226

    38 Total Sales

    Tim Johannsen
    Section Image
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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 319175

APN: 010-27-014

Virginia Lynchburg City County Lynchburg 24501 College Hill

718 Wise St, Lynchburg, VA

This home is located at 718 Wise St, Lynchburg, VA 24501 since 12 June 2019 and is currently estimated at $97,778, approximately $66 per square foot. This property was built in 1890. 718 Wise St is a home located in Lynchburg City with nearby schools including Bedford Hills Elementary School, Linkhorne Middle School, and E.C. Glass High School.

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.

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