NOT LISTED FOR SALE

88 W Princeton Cir Lynchburg, VA 24503

Riverside Neighborhood

Estimated Value: $200,298 - $324,000

5 Beds
2 Baths
1,861 Sq Ft
$134/Sq Ft Est. Value

Last Sold January 21, 2016

Last sale price $84,000 $45 Per Sq Ft

Est. 197% increase in value since last sale

Current estimated payment $1,471/month

177 Days on Market

Highlights

  • Wood Flooring
  • Paul Munro Elementary School Rated A-
  • Electric Baseboard Heater

About This Home

As of January 2016

Two unit apt. building, fully occupied. Desired Rivermont Ave. location. Close to College, shopping and restaurants. Investors take note. Being Sold As Is - Where Is.

Last Agent to Sell the Property

Leighton Robertson

Coldwell Banker Forehand & Co. License #0225114727 Listed on: 06/16/2015

Last Buyer's Agent

Mike Osei

Long & Foster-Forest License #0225209432

Long & Foster-Forest

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,203

Year Built

  • Built in 1964

Lot Details

  • 75 Sq Ft Lot

Home Design

  • 1,861 Sq Ft Home

Flooring

  • Wood
  • Wood Under Carpet
  • Carpet
  • Vinyl

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 04002002

Community Details

Overview

  • 2 Units

Building Details

  • New Taxes Expense $900
  • Gross Income $11,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,203

Year Built

Built in 1964

Lot Details

0

Listing Details

  • FILLACRES: 0.0017
  • Directions: Rivermont Ave to North Princeton beside Randolph College, left on View, left on West Princeton, property on right.
  • ElementarySchool7: Paul Munro Elem
  • HighSchool7: E. C. Glass High
  • Lot Measurement: SqFt
  • Lot Sq Ft: 75.00
  • MiddleSchool7: Linkhorne Midl
  • Days On Market: No
  • Property Subtype1: Multi-Family
  • Prop. Type: Multi-Family
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 04002002
  • Year Built: 1964
  • Heating System: Electric Baseboard
  • Unit Info Number Unfurnished Units: 2
  • Taxes Expense: 900.00
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Broker Approved: Yes
  • Legal Description: Adams BLK 2 Lot E
  • Reciprocal Listing: No
  • Flooring: Carpet, Carpet Over Wood, Vinyl, Wood Floors
  • Year Built Exception: 0
  • Walls: Drywall

Utilities

  • Cooling: Window Unit(s)
  • 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: 1861.00
  • Zoning: R2

Rental Info

  • Types Of Leases: Month to Month

Tax Info

  • Estimated Taxes: 1203

Multi Family

  • Annual Gross Income: 11000.00
  • Total Number Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 16, 2024
Sold by
Labarr Samuel-Patrick Dakota
Bought by
Rivermont Homes Llc
Current Estimated Value
$249,325

Purchase Details

Closed on
Jan 28, 2005
Sold by
Bateman Nils I and Bateman Brenda J
Bought by
Nils Bateman & Brenda Bateman Ab Living
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
Rivermont Homes Llc -- None Listed On Document
Rivermont Homes Llc -- None Listed On Document
Nils Bateman & Brenda Bateman Ab Living -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/21/2016 01/21/16 Sold $84,000 -6.7% $45 / Sq Ft
12/10/2015 12/10/15 Pending -- -- --
06/16/2015 06/16/15 For Sale $90,000 -- $48 / 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
2025 $1,773 $211,100 $42,500 $168,600
2024 $1,753 $197,000 $35,000 $162,000
2023 $755 $197,000 $35,000 $162,000
2022 $609 $171,300 $27,000 $144,300
2021 $1,901 $171,300 $27,000 $144,300
2020 $963 $86,800 $25,500 $61,300
2019 $963 $86,800 $25,500 $61,300
2018 $1,111 $85,500 $24,200 $61,300
2017 $949 $85,500 $24,200 $61,300
2016 $949 $114,600 $24,200 $90,400
2015 $1,272 $114,600 $24,200 $90,400
2014 $1,272 $117,200 $24,200 $93,000
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2016

    Leighton Robertson

    Coldwell Banker Forehand & Co.

  • Mike Osei

    Buyer's Agent in 2016

    Mike Osei

    Long & Foster-Forest

    (434) 444-6206

    285 Total Sales

    Mike Osei
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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 292614

APN: 040-02-004

Virginia Lynchburg City County Lynchburg 24503 Riverside

88 W Princeton Cir, Lynchburg, VA

This home is located at 88 W Princeton Cir, Lynchburg, VA 24503 since 16 June 2015 and is currently estimated at $249,325, approximately $133 per square foot. This property was built in 1964. 88 W Princeton Cir is a home located in Lynchburg City with nearby schools including Paul Munro Elementary School, Linkhorne Middle School, and E.C. Glass High School.

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