NOT LISTED FOR SALE

809 Wise St Lynchburg, VA 24501

College Hill Neighborhood

Estimated Value: $104,162 - $199,000

-- Bed
4 Baths
2,920 Sq Ft
$53/Sq Ft Est. Value

Last Sold July 01, 2019

Last sale price $60,000 $21 Per Sq Ft

Est. 164% increase in value since last sale

Current estimated payment $909/month

89 Days on Market

About This Home

As of July 2019

Duplex in the heart of Lynchburg. This is not your typical duplex. Each spacious unit offers 3 bedrooms, 2 baths and 1,460 SF. Don't miss this great investment opportunity. Call today to schedule your private showing.

Last Agent to Sell the Property

Michael Misjuns

Century 21 ALL-SERVICE License #0225096832 Listed on: 02/28/2019

Century 21 ALL-SERVICE

Last Buyer's Agent

Jaysn Schaener

Raven Realty LLC License #0225263810

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $642

Year Built

  • Built in 1901

Lot Details

  • 7,536

Home Design

  • 2,920 Sq Ft Home

Flooring

  • Carpet
  • Vinyl

Schools

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

Additional Features

  • 7,536 Sq Ft Lot
  • Electric Baseboard Heater

Listing and Financial Details

  • Assessor Parcel Number 01032002

Community Details

Overview

  • 2 Units

Building Details

  • 1 Separate Water Meter
  • Gross Income $12,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$642

Year Built

Built in 1901

Lot Details

0

Listing Details

  • FILLACRES: 0.1730
  • Directions: Park Avenue to Wise Street to home on R.
  • ElementarySchool7: RS Payne Elem
  • HighSchool7: E. C. Glass High
  • Lot Measurement: Acres
  • Lot Sq Ft: 7536.00
  • MiddleSchool7: Linkhorne Midl
  • Days On Market: No
  • Property Subtype1: Multi-Family
  • Prop. Type: Multi-Family
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 01032002
  • Year Built: 1901
  • Heating System: Electric Baseboard
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Broker Approved: Yes
  • Legal Description: College Hill Blk 1105
  • Reciprocal Listing: No
  • Flooring: Carpet, Vinyl
  • Year Built Exception: 0

Utilities

  • Utility Electric: American Electric
  • Sewer: City
  • Hot Water: City
  • Number Of Water Meters: 1

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors

Schools

  • School District: Lynchburg

Lot Info

  • Lot Sq Ft: 2920.00
  • Zoning: R-3

Tax Info

  • Estimated Taxes: 642

Multi Family

  • Annual Gross Income: 12600.00
  • Total Number Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2019
Closed on
Jun 21, 2019
Sold by
Ashkor Real Estate Llc
Bought by
Kw Realty Llc
Seller's Agent
Michael Misjuns
Century 21 ALL-SERVICE
Buyer's Agent
Jaysn Schaener
Raven Realty LLC
List Price
$69,900
Sold Price
$60,000
Premium/Discount to List
-$9,900
-14.16%
Current Estimated Value
$158,157

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,157
Avg. Annual Appreciation
15.72%

Purchase Details

Closed on
Jun 13, 2011
Sold by
Bonser Korey A and Bonser Ashley J
Bought by
Ashkor Real Estate Llc

Purchase Details

Closed on
Jul 15, 2010
Sold by
Hsbc Bank Usa National Assn
Bought by
Bonser Korey A and Bonser Ashley J

Purchase Details

Closed on
Jan 11, 2010
Sold by
Spurlock Dan and Spurlock Daniel Allen
Bought by
Hsbc Bank Usa Na

Purchase Details

Closed on
Feb 7, 2005
Sold by
Eubank G Carter
Bought by
Spurlock Daniel Allen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,030
Interest Rate
7.75%
Mortgage Type
New Conventional
Source: Public Records

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 Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Kw Realty Llc $61,000 Fidelity National Title
Ashkor Real Estate Llc -- None Available
Bonser Korey A $15,000 None Available
Hsbc Bank Usa Na $56,000 None Available
Spurlock Daniel Allen -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Spurlock Daniel Allen $51,030
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/01/2019 07/01/19 Sold $60,000 -14.2% $21 / Sq Ft
05/28/2019 05/28/19 Pending -- -- --
02/28/2019 02/28/19 For Sale $69,900 -- $24 / 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
2025 $996 $118,600 $20,000 $98,600
2024 $650 $73,000 $16,800 $56,200
2023 $650 $73,000 $16,800 $56,200
2022 $646 $62,700 $12,000 $50,700
2021 $522 $62,700 $12,000 $50,700
2020 $647 $58,300 $9,600 $48,700
2019 $647 $58,300 $9,600 $48,700
2018 $642 $57,800 $9,600 $48,200
2017 $642 $57,800 $9,600 $48,200
2016 $642 $57,800 $9,600 $48,200
2015 $642 $53,900 $3,000 $50,900
2014 $598 $53,900 $3,000 $50,900
Source: Public Records

Agents Affiliated with this Home

  • Michael Misjuns

    Seller's Agent in 2019

    Michael Misjuns

    Century 21 ALL-SERVICE

    (434) 509-5529

    1 in this area

    197 Total Sales

    Michael Misjuns
    Section Image
  • Jaysn Schaener

    Buyer's Agent in 2019

    Jaysn Schaener

    Raven Realty LLC

    (434) 515-0378

    1 in this area

    47 Total Sales

    Jaysn Schaener
    Section Image
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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 317016

APN: 010-32-002

Virginia Lynchburg City County Lynchburg 24501 College Hill

809 Wise St, Lynchburg, VA

Not Listed for Sale

MultiFamily

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