NOT LISTED FOR SALE

Estimated Value: $67,000 - $139,000

3 Beds
1 Bath
1,627 Sq Ft
$60/Sq Ft Est. Value

Last Sold March 08, 2021

Last sale price $36,500 $22 Per Sq Ft

Est. 166% increase in value since last sale

Current estimated payment $568/month

About This Home

As of March 2021

3 BR, two story home currently used as a rental property. Great investment opportunity!

Last Listed By

Stacy Powell

Keller Williams License #0225225057 Listed on: 12/27/2020

Keller Williams

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $276

Year Built

  • Built in 1870

Lot Details

  • 4,748 Sq Ft Lot
  • Property is zoned R-3

Home Design

  • Shingle Roof

Interior Spaces

  • 1,627 Sq Ft Home
  • 2-Story Property
  • Crawl Space
  • Attic Access Panel

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Schools

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

Utilities

  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 01026012

Home Details

Home Type

Single Family

Est. Annual Taxes

$276

Year Built

Built in 1870

Lot Details

0

Listing Details

  • Directions: Park Ave to 8th St to Right on Wise St to home on Left.
  • Lot Measurement: Acres
  • Lot Sq Ft: 4748.00
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 01026012
  • Year Built: 1870
  • Heating System: Heat Pump
  • Building Stories: Two
  • Dwelling Styles: Two Story
  • Officeden Len: 13.000
  • Officeden Wid: 9.000
  • Laundryroom Dim: 0.000 x 0.000
  • Living Room Dim: 13.000 x 13.000
  • Livingroom Len: 13.000
  • Livingroom Wid: 13.000
  • Masterbedroom Area: 195.000000
  • Master Bedroom Dim: 15.000 x 13.000
  • Masterbedroom Len: 15.000
  • Masterbedroom Wid: 13.000
  • Office Dim: 0.000 x 0.000
  • Sun Room Len: 10.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 1.00
  • Bathrooms Display: 1 (1 0)
  • Lower Floor 1 Bedrooms: 3
  • Broker Approved: Yes
  • Legal Description: COLLEGE HILL, BLK 511
  • Reciprocal Listing: No
  • Second Bedroom: 15x12 Level: Level 2 Above Grade
  • Second Bedroom Area: 180.000000
  • Third Bedroom: 11x10 Level: Level 2 Above Grade
  • Third Bedroom Area: 110.000000
  • Above Grade Finished Sq Ft: 1627.00
  • ApplianceConvey: Other
  • Has Attic: Access
  • Has Basement: Crawl Space
  • Flooring: Carpet, Hardwood, Vinyl
  • Year Built Exception: 0
  • Den: 13x9 Level: Level 1 Above Grade
  • Formal Dining: 15x13 Level: Level 1 Above Grade
  • Level 2 Full Bathrooms: 1
  • Interior Amenities: Cable Available
  • Dining Kitchen: 13x9 Level: Level 1 Above Grade
  • Laundry: Dryer Connection, Main Level, Washer Connections
  • Living Room: 13x13 Level: Level 1 Above Grade
  • Master Bedroom: 15x13 Level: Level 2 Above Grade
  • Porch: 22x7 Level: Level 1 Above Grade
  • Sun Room: 10x10 Level: Level 1 Above Grade
  • Den Area: 117.000000
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 117.000000
  • LivingRoom Area: 169.000000
  • 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
  • Sun Room Area: 100.000000
  • Sunroom Dim: 10.000 x 10.000

Exterior Features

  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: Other

Garage/Parking

  • Garage Dim: 0.000 x 0.000

Utilities

  • Air Conditioner: Heat Pump
  • Sewer: City
  • Hot Water: City
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors

Schools

  • School District: Lynchburg
  • School District: Lynchburg

Lot Info

  • Lot Sq Ft: 1627.00
  • Zoning: R-3

Tax Info

  • Estimated Taxes: 276

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 27, 2020
Closed on
Mar 5, 2021
Sold by
Reedy Creek Properties Inc
Bought by
Tt Rehab Llc
Seller's Agent
Stacy Powell
Keller Williams
Buyer's Agent
Gregory Bentz
Keller Williams
List Price
$40,000
Sold Price
$36,500
Premium/Discount to List
-$3,500
-8.75%
Total Days on Market
0
Current Estimated Value
$97,141

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,641
Avg. Annual Appreciation
20.51%
Original Mortgage
$37,680
Outstanding Balance
$34,310
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$45,888

Purchase Details

Closed on
Jan 11, 2017
Sold by
Streamline Llc
Bought by
Reedy Creek Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,800
Interest Rate
4.3%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 10, 2012
Sold by
Homestead Invastments Inc
Bought by
Franzier John A

Purchase Details

Closed on
Nov 12, 2008
Sold by
Coleman James E and Coleman Linda M
Bought by
Jpmorgan Chase Bank

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
Tt Rehab Llc $36,500 Pike Title
Reedy Creek Properties Llc $30,900 Advantage Title & Closing Ll
Franzier John A $5,000 None Available
Jpmorgan Chase Bank $23,639 Integrity Title & Settlement
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tt Rehab Llc $37,680
Previous Owner Reedy Creek Properties Llc $84,800
Previous Owner M&M Heritage Llc $126,842
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/08/2021 03/08/21 Sold $36,500 -8.8% $22 / Sq Ft
12/27/2020 12/27/20 Pending -- -- --
12/27/2020 12/27/20 For Sale $40,000 -- $25 / 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 $290 $32,600 $12,600 $20,000
2023 $400 $45,000 $12,600 $32,400
2022 $511 $49,600 $9,000 $40,600
2021 $551 $49,600 $9,000 $40,600
2020 $276 $24,900 $8,000 $16,900
2019 $276 $24,900 $8,000 $16,900
2018 $173 $15,600 $8,000 $7,600
2017 $173 $15,600 $8,000 $7,600
2016 $173 $15,600 $8,000 $7,600
2015 $43 $8,100 $2,000 $6,100
2014 $90 $13,400 $2,000 $11,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 328848

APN: 010-26-012