NOT LISTED FOR SALE

824 Rivermont Ave Lynchburg, VA 24504

Daniel's Hill Neighborhood

Estimated Value: $238,000 - $281,813

3 Beds
1 Bath
2,208 Sq Ft
$117/Sq Ft Est. Value

Last Sold October 23, 2020

Last sale price $64,000 $29 Per Sq Ft

Est. 303% increase in value since last sale

Current estimated payment $1,610/month

35 Days on Market

Highlights

  • Wood Flooring
  • Attic
  • Fenced Yard
  • Main Floor Bedroom
  • Formal Dining Room
  • En-Suite Primary Bedroom

About This Home

As of October 2020

What a FUN PROJECT for either an owner-occupied, a flip or a rental!!! Location Location Location and a MONEY MAKER in any of 4 ways!! Being already gutted makes it so much easier to do everything with trades, design, and finish work!! Multiple ways to put it back together to make the floorplan work for your particular purposes! Large rooms, potential for 4 Ensuite Bedrooms with Large Closets, Full unfinished Basement with exterior door, (was partially finished at one time), Wonderful Walk-Up Attic!! Shady Fenced Back Yard and shared Driveway with a Storage Building. 45% Tax credits available from Fed & State for Historic Preservation~ and don't forget to apply for the City Tax Rehab Credit to keep your real estate taxes low for 10 years (transferrable to new owner if you are doing a flip). Come see it's potential and enjoy the RIVERMONT area of Lynchburg! ~ America's 1st planned suburban development! Home Inspection for Buyers Information only; home being sold AS IS.

Last Agent to Sell the Property

Susan Murray

Epique Realty License #0225212736 Listed on: 08/29/2020

Epique Realty

Last Buyer's Agent

Cindy Hughes

eXp Realty LLC-Richmond License #0225232062

eXp Realty LLC-Richmond

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,361

Year Built

  • Built in 1923 | Under Construction

Lot Details

  • 4,574 Sq Ft Lot
  • Fenced Yard
  • Property is zoned R-4

Home Design

  • Slab Foundation
  • Poured Concrete
  • Shingle Roof
  • Slate Roof
  • Metal Roof

Interior Spaces

  • 2,208 Sq Ft Home
  • 2-Story Property
  • Formal Dining Room
  • Wood Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • 1 Full Bathroom

Attic

  • Attic Floors
  • Walkup Attic

Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Laundry in Basement

Outdoor Features

  • Outdoor Storage

Schools

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

Utilities

  • No Cooling
  • No Heating
  • No Water Heater

Community Details

  • 249: Lower Rivermont Subdivision

Listing and Financial Details

  • Assessor Parcel Number 02311028

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,361

Year Built

Built in 1923 | Under Construction

Lot Details

0

Listing Details

  • FILLACRES: 0.1050
  • BuildingOnProperty: Storage Building
  • Directions: Rivermont Avenue almost across from the brick row houses at the east of Belmont Avenue (the point)
  • ElementarySchool7: Linkhorne Elem
  • HighSchool7: E. C. Glass High
  • Internet Providers: Verizon, Comcast/Xfinity
  • Lot Measurement: Acres
  • Lot Sq Ft: 4574.00
  • MiddleSchool7: Linkhorne Midl
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 02311028
  • Year Built: 1923
  • Heating System: None
  • Building Stories: Two
  • Dwelling Styles: Two Story
  • Estimated Completion: 2021-02-01
  • Foyer Area: 94.380000
  • Laundryroom Dim: 0.000 x 0.000
  • Living Room Dim: 17.800 x 16.000
  • Livingroom Len: 17.800
  • Livingroom Wid: 16.000
  • Masterbedroom Area: 72.000000
  • Master Bedroom Dim: 15.000 x 4.800
  • Masterbedroom Len: 15.000
  • Masterbedroom Wid: 4.800
  • Office Dim: 0.000 x 0.000
  • Sun Room Len: 14.000
  • 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: DaneilsvilleBLK 36 or 24
  • Reciprocal Listing: No
  • Second Bedroom: 15x14 Level: Level 2 Above Grade
  • Second Bedroom Area: 210.000000
  • Third Bedroom: 15.40x9 Level: Level 2 Above Grade
  • Third Bedroom Area: 138.600000
  • Fourth Bedroom: 13.90x7 Level: Level 2 Above Grade
  • Fourth Bedroom Area: 97.300000
  • Fifth Bedroom: 12x7 Level: Level 2 Above Grade
  • Fifth Bedroom Area: 84.000000
  • Above Grade Finished Sq Ft: 2208.00
  • ApplianceConvey: None
  • Has Attic: Floored, Walk-Up Stairs, Windows
  • Has Basement: Exterior Entrance, Full, Interior Entrance, Poured Concrete, Slab
  • Breakfast Area: 12x7 Level: Level 1 Above Grade
  • Flooring: Wood
  • Year Built Exception: 0
  • Deck: 11.50x5.50 Level: Level 1 Above Grade
  • Formal Dining: 14.60x15.60 Level: Level 1 Above Grade
  • Foyer: 12.10x7.80 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 1
  • Interior Amenities: Main Level Bedroom, Master Bed w/ Bath, Separate Dining Room
  • Dining Kitchen: 19x12 Level: Level 1 Above Grade
  • Laundry: Basement
  • Living Room: 17.80x16 Level: Level 1 Above Grade
  • Master Bedroom: 15x4.80 Level: Level 2 Above Grade
  • Porch: 27x7.50 Level: Level 1 Above Grade
  • Additional Room 1 Description: storage building
  • Sun Room: 14x5 Level: Level 1 Above Grade
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 228.000000
  • LivingRoom Area: 284.800000
  • 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: 70.000000
  • Sunroom Dim: 14.000 x 5.000

Exterior Features

  • Roof: Metal, Shingle, Slate
  • New Construction: Under Construction
  • Exterior Features: Fenced Yard

Garage/Parking

  • Garage Dim: 0.000 x 0.000

Utilities

  • Utility Electric: AEP/Appalachian Powr
  • Air Conditioner: None
  • Sewer: City
  • Hot Water: City
  • Water Heater: None

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors
  • Subdivision Complex: 249: Lower Rivermont

Schools

  • School District: Lynchburg
  • School District: Lynchburg

Lot Info

  • Lot Sq Ft: 2208.00
  • Zoning: R-4

Tax Info

  • Estimated Taxes: 1361

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2020
Closed on
Oct 22, 2020
Sold by
Teemer & Schmidt Properties Inc
Bought by
Winston Carl A
Seller's Agent
Susan Murray
Epique Realty
Buyer's Agent
Cindy Hughes
eXp Realty LLC-Richmond
List Price
$75,000
Sold Price
$64,000
Premium/Discount to List
-$11,000
-14.67%
Current Estimated Value
$258,203

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$194,203
Avg. Annual Appreciation
34.44%

Purchase Details

Listed on
Sep 21, 2016
Closed on
Jan 18, 2017
Sold by
Deutsche Bank National Trust Co
Bought by
Teemer & Schmidt Properties Inc
Seller's Agent
Peggy McCall
BHHS Dawson Ford Garbee
Buyer's Agent
Susan Murray
Epique Realty
List Price
$74,200
Sold Price
$44,300
Premium/Discount to List
-$29,900
-40.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.28%

Purchase Details

Closed on
Sep 7, 2016
Sold by
Surety Trustees Llc
Bought by
Deutsche Bank National Trust Co
Source: Public Records

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
Winston Carl A $64,000 Fidelity National Title
Teemer & Schmidt Properties Inc $44,599 Gemini Title & Escrow Llc
Deutsche Bank National Trust Co $84,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Appling Darnell P $102,400
Previous Owner Appling Darnell P $86,275
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2020 10/23/20 Sold $64,000 -14.7% $29 / Sq Ft
10/03/2020 10/03/20 Pending -- -- --
08/29/2020 08/29/20 For Sale $75,000 +69.3% $34 / Sq Ft
01/18/2017 01/18/17 Sold $44,300 -40.3% $20 / Sq Ft
12/27/2016 12/27/16 Pending -- -- --
09/21/2016 09/21/16 For Sale $74,200 -- $33 / 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 $2,358 $264,900 $17,600 $247,300
2023 $616 $264,900 $17,600 $247,300
2022 $630 $61,200 $9,600 $51,600
2021 $679 $61,200 $9,600 $51,600
2020 $1,255 $113,100 $9,600 $103,500
2019 $1,255 $113,100 $9,600 $103,500
2018 $1,361 $122,600 $8,000 $114,600
2017 $1,361 $122,600 $8,000 $114,600
2016 $1,361 $122,600 $8,000 $114,600
2015 $1,361 $122,600 $8,000 $114,600
2014 $1,361 $122,600 $8,000 $114,600
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2020

    Susan Murray

    Epique Realty

    Section Image

  • C

    Buyer's Agent in 2020

    Cindy Hughes

    eXp Realty LLC-Richmond

    (434) 665-4466

    1 in this area

    3 Total Sales

    Section Image

  • P

    Seller's Agent in 2017

    Peggy McCall

    BHHS Dawson Ford Garbee

    Section Image
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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 326981

APN: 023-11-028

Virginia Lynchburg City County Lynchburg 24504 Daniel's Hill

824 Rivermont Ave, Lynchburg, VA

This home is located at 824 Rivermont Ave, Lynchburg, VA 24504 since 29 August 2020 and is currently estimated at $258,203, approximately $116 per square foot. This property was built in 1923. 824 Rivermont Ave is a home located in Lynchburg City with nearby schools including Linkhorne 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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