NOT LISTED FOR SALE

Estimated Value: $91,909 - $156,000

3 Beds
2 Baths
2,102 Sq Ft
$64/Sq Ft Est. Value

Last Sold November 30, 2012

Last sale price $60,000 $29 Per Sq Ft

Est. 125% increase in value since last sale

Current estimated payment $775/month

209 Days on Market

Highlights

  • Electric Baseboard Heater
  • Carpet
  • 5-minute walk to Lynchburg Parks and Recreation

About This Home

As of November 2012

Here is a nice low maintenance duplex that is fully rented for $825 per month! New vinyl siding in 2005. Other upgrades include new plumbing, new baseboard heat and the addition of off street parking.

Last Agent to Sell the Property

Jim Straebel

Coldwell Banker Forehand & Co. License #0225020013 Listed on: 04/18/2012

Coldwell Banker Forehand & Co.

Last Buyer's Agent

Pat Whitehouse

RE/MAX 1st Olympic License #0225 041303

RE/MAX 1st Olympic

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $720

Year Built

  • Built in 1937

Lot Details

  • 5,304 Sq Ft Lot

Home Design

  • 2,102 Sq Ft Home

Flooring

  • Carpet
  • Vinyl

Parking

  • 1 Parking Space
  • On-Street Parking
  • Off-Street Parking

Schools

  • Tc Miller Elementary School
  • Pl Dunbar Midl Middle School
  • E. C. Glass High School

Utilities

  • Window Unit Cooling System
  • Electric Baseboard Heater
  • Electric Water Heater

Listing and Financial Details

  • Month-to-Month Lease Term
  • Assessor Parcel Number 1115020

Community Details

Overview

  • 2 Units

Building Details

  • 1 Separate Water Meter
  • Insurance Expense $375
  • Water Sewer Expense $600
  • New Taxes Expense $720
  • Gross Income $9,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$720

Year Built

Built in 1937

Lot Details

0

Listing Details

  • FILLACRES: 0.1218
  • Directions: Euclid to Centerdale
  • ElementarySchool7: TC Miller Elem
  • HighSchool7: E. C. Glass High
  • Lot Measurement: SqFt
  • Lot Sq Ft: 5304.00
  • MiddleSchool7: PL Dunbar Midl
  • Days On Market: No
  • Property Subtype1: Multi-Family
  • Prop. Type: Multi-Family
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 1115020
  • Year Built: 1937
  • Heating System: Electric Baseboard
  • Unit Info Number Unfurnished Units: 2
  • Taxes Expense: 720.00
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Broker Approved: Yes
  • Legal Description: Centerdale Addition Lot 25
  • Reciprocal Listing: No
  • Flooring: Carpet, Vinyl
  • Year Built Exception: 0

Garage/Parking

  • Parking: 1 Space/Unit, Off Street Parking, On-Street

Utilities

  • Cooling: Window Unit(s)
  • Sewer: City
  • Hot Water: City
  • Water Heater: Electric, Individual
  • Number Of Water Meters: 1

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors

Fee Information

  • Insurance Expenses: 375.00

Schools

  • School District: Lynchburg
  • School District: Lynchburg

Lot Info

  • Lot Sq Ft: 2102.00
  • Zoning: R-3

Rental Info

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

Tax Info

  • Estimated Taxes: 720

Multi Family

  • Annual Gross Income: 9900.00
  • Total Number Units: 2
  • Water Expense: 600.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2012
Closed on
Nov 28, 2012
Sold by
Driver Christopher J
Bought by
P & L Rentals Llc
Seller's Agent
Jim Straebel
Coldwell Banker Forehand & Co.
Buyer's Agent
Pat Whitehouse
RE/MAX 1st Olympic
List Price
$79,900
Sold Price
$60,000
Premium/Discount to List
-$19,900
-24.91%
Current Estimated Value
$134,727

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,727
Avg. Annual Appreciation
5.90%

Purchase Details

Closed on
Jan 4, 2007
Sold by
Carwile Revely B and Carwile Revely B
Bought by
Driver Christopher J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,550
Interest Rate
7.75%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
P & L Rentals Llc $60,000 Reliance Title & Settlement
Driver Christopher J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Driver Christopher J $53,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2012 11/30/12 Sold $60,000 -24.9% $29 / Sq Ft
11/13/2012 11/13/12 Pending -- -- --
04/18/2012 04/18/12 For Sale $79,900 -- $38 / 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 $682 $76,600 $12,000 $64,600
2023 $682 $76,600 $12,000 $64,600
2022 $707 $68,600 $4,000 $64,600
2021 $190 $68,600 $4,000 $64,600
2020 $761 $68,600 $4,000 $64,600
2019 $761 $68,600 $4,000 $64,600
2018 $190 $68,600 $4,000 $64,600
2017 $761 $68,600 $4,000 $64,600
2016 $761 $68,600 $4,000 $64,600
2015 $190 $68,600 $4,000 $64,600
2014 $190 $68,600 $4,000 $64,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 272063

APN: 011-15-020