NOT LISTED FOR SALE
-- Bed
-- Bath
7,668 Sq Ft
10,019 Sq Ft Lot

Last Sold August 01, 2014

Last sale price $250,000 $33 Per Sq Ft

247 Days on Market

About This Home

As of August 2014

Owner financing is available on this property! This is a six unit building that is fully rented. There are 4 two story 2 bedroom units and 2 one bedroom units. The 2 bedroom units have heat pumps. Recent upgrades include exterior painting, some kitchen & bath upgrades, new roof work and some new flooring. All of the units have a range and refrigerator.

Last Agent to Sell the Property

Jim Straebel

Coldwell Banker Forehand & Co. License #0225020013 Listed on: 10/28/2013

Coldwell Banker Forehand & Co.

Last Buyer's Agent

Rocky McCormick

Century 21 ALL-SERVICE-APP License #0225184301

Century 21 ALL-SERVICE-APP

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,408

Year Built

  • Built in 1907

Lot Details

  • 10,019 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • Plaster Walls

Interior Spaces

  • 7,668 Sq Ft Home
  • Carpet

Schools

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

Utilities

  • Heat Pump System
  • Electric Baseboard Heater
  • Electric Water Heater

Listing and Financial Details

  • Month-to-Month Lease Term
  • Assessor Parcel Number 01052005

Community Details

Overview

  • 6 Units

Building Details

  • 6 Separate Water Meters
  • Electric Expense $50
  • Insurance Expense $80
  • Maintenance Expense $500
  • Water Sewer Expense $40
  • New Taxes Expense $200
  • Gross Income $29,940

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,408

Year Built

Built in 1907

Lot Details

0

Listing Details

  • FILLACRES: 0.2300
  • Directions: Park Ave. to Pierce Street
  • ElementarySchool7: Bedford Hills Elem
  • HighSchool7: E. C. Glass High
  • Lot Measurement: Acres
  • Lot Sq Ft: 10019.00
  • MiddleSchool7: Linkhorne Midl
  • Days On Market: No
  • Property Subtype1: Multi-Family
  • Prop. Type: Multi-Family
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 01052005
  • Year Built: 1907
  • Heating System: Electric Baseboard, Heat Pump
  • Unit Info Number Unfurnished Units: 6
  • Taxes Expense: 200.00
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Broker Approved: Yes
  • Legal Description: College Hill Blk 1197
  • Reciprocal Listing: No
  • Street Number Modifier: 823
  • Flooring: Carpet
  • Year Built Exception: 0
  • Walls: Drywall, Plaster

Garage/Parking

  • Parking: On-Street

Utilities

  • Cooling: Heat Pump
  • Sewer: City
  • Hot Water: City
  • Water Heater: Electric
  • Number Of Water Meters: 6

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors

Fee Information

  • Insurance Expenses: 80.00

Schools

  • School District: Lynchburg
  • School District: Lynchburg

Lot Info

  • Lot Sq Ft: 7668.00
  • Zoning: B5

Rental Info

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

Tax Info

  • Estimated Taxes: 2408

Multi Family

  • Annual Gross Income: 29940.00
  • Electric Expense: 50.00
  • Maintenance Expense: 500.00
  • Total Number Units: 6
  • Water Expense: 40.00

Range of Values:

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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 Change Sq Ft Price
08/01/2014 08/01/14 Sold $250,000 -12.2% $33 / Sq Ft
07/02/2014 07/02/14 Pending -- -- --
10/28/2013 10/28/13 For Sale $284,900 -- $37 / Sq Ft
Source: Lynchburg Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 281782

APN: 010 52 005