824 Rivermont Ave Lynchburg, VA 24504
Daniel's Hill Neighborhood
3
Beds
1
Bath
2,208
Sq Ft
4,574
Sq Ft Lot
Highlights
- Wood Flooring
- Attic
- Fenced Yard
- Main Floor Bedroom
- Formal Dining Room
- En-Suite Primary Bedroom
About This Home
As of October 2020What 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
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
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
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
Similar Homes in Lynchburg, VA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $64,000 | Fidelity National Title | |
| Deed | $44,599 | Gemini Title & Escrow Llc | |
| Deed | $84,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $102,400 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $86,275 | Adjustable Rate Mortgage/ARM |
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
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
-
C
Buyer's Agent in 2020
Cindy Hughes
eXp Realty LLC-Richmond
(434) 665-4466
1 in this area
3 Total Sales
-
P
Seller's Agent in 2017
Peggy McCall
BHHS Dawson Ford Garbee
Map
Source: Lynchburg Association of REALTORS®
MLS Number: 326981
APN: 023-11-028
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