NOT LISTED FOR SALE
-- Bed
-- Bath
3,508 Sq Ft
2,723 Sq Ft Lot

Last Sold March 20, 2023

Last sale price $227,550 $65 Per Sq Ft

23 Days on Market

About This Home

As of March 2023

Are you looking for cash flowing multi-family? This quadplex has been revamped and already has strong rent rates in place. All four units have 10' ceilings making the space feel large and open. The two units on the main level are 1 bed/1 bath, while the upstairs units are 2 bed/1 bath. Each unit has a range/oven, dishwasher, refrigerator, and washer/dryer hookups. All four units have central heating and cooling via heat pump. Tenants pay for electric, owner pays for city water/sewer/trash.

Last Agent to Sell the Property

Mason Kiffmeyer

LPT Realty, Inc License #0225255516 Listed on: 02/02/2023

LPT Realty, Inc

Last Buyer's Agent

JOSH CLINE

Keller Williams License #0225243330

Keller Williams

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $949

Year Built

  • Built in 1882

Lot Details

  • 2,723 Sq Ft Lot

Home Design

  • 3,508 Sq Ft Home

Flooring

  • Wood
  • Ceramic Tile

Parking

  • On-Street Parking
  • Off-Street Parking

Schools

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

Utilities

  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Month-to-Month Lease Term
  • Assessor Parcel Number 01026017

Community Details

Overview

  • 4 Units
  • College Hill Subdivision

Building Details

  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$949

Year Built

Built in 1882

Lot Details

2,723 Sq Ft Lot

Listing Details

  • FILLACRES: 0.0625
  • Directions: 800 Wise St
  • ElementarySchool7: RS Payne Elem
  • HighSchool7: E. C. Glass High
  • Lot Measurement: Acres
  • Lot Sq Ft: 2723.00
  • MiddleSchool7: Linkhorne Midl
  • Days On Market: No
  • Property Subtype1: Multi-Family
  • Prop. Type: Multi-Family
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 01026017
  • Year Built: 1882
  • Heating System: Heat Pump
  • Unit Info Number Unfurnished Units: 4
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Broker Approved: Yes
  • Legal Description: COLLEGE HILL, BLK 515
  • Reciprocal Listing: No
  • Flooring: Ceramic Tile, Wood Floors
  • Year Built Exception: 0

Garage/Parking

  • Parking: Off Street Parking, On-Street

Utilities

  • Utility Electric: American Electric
  • Cooling: Heat Pump
  • Sewer: City
  • Hot Water: City
  • Water Heater: Electric
  • Number Of Water Meters: 1

Condo/Co-op/Association

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

Schools

  • School District: Lynchburg

Lot Info

  • Lot Sq Ft: 3508.00

Rental Info

  • Types Of Leases: 1 Year Lease, Month to Month

Tax Info

  • Estimated Taxes: 949

Multi Family

  • Total Number Units: 4
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/20/2023 03/20/23 Sold $227,550 -3.1% $65 / Sq Ft
02/25/2023 02/25/23 Pending -- -- --
02/02/2023 02/02/23 For Sale $234,900 -- $67 / Sq Ft
Source: Lynchburg Association of REALTORS®

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
2025 $1,761 $209,600 $12,000 $197,600
2024 $1,481 $166,400 $11,200 $155,200
2023 $370 $166,400 $11,200 $155,200
2022 $881 $85,500 $8,000 $77,500
2021 $949 $85,500 $8,000 $77,500
2020 $1,140 $102,700 $6,000 $96,700
2019 $1,140 $102,700 $6,000 $96,700
2018 $1,118 $100,700 $4,000 $96,700
2017 $1,118 $100,700 $4,000 $96,700
2016 $1,118 $100,700 $4,000 $96,700
2015 $1,118 $85,100 $500 $84,600
2014 $945 $52,100 $500 $51,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 342377

APN: 010 26 017

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