NOT LISTED FOR SALE

Estimated Value: $120,000 - $155,327

1 Bed
1 Bath
587 Sq Ft
$224/mo HOA Fee

Last Sold April 25, 2024

Last sale price $118,500 $202 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $1,023/month

14 Days on Market

Highlights

  • City View
  • Wood Flooring
  • Laundry Room
  • River Nearby
  • Great Room
  • 1-minute walk to Riverfront Park

About This Home

As of April 2024

These lofts rarely hit the market in this prime Downtown Lynchburg location at the corner of 9th & Jefferson in the Riverview Art Space Center. Tons of charm & character with exposed brick walls, hardwood floors, exposed beams and high ceilings. Elevator access and key fob access for added security. Open loft style with kitchen open to the living and bedroom space. Become apart of a building that was developed by the Riverviews Non-profit that provides gallery and studio space for established and emerging artists and other creatives. The association fee includes water, sewer & trash removal. This is your chance to acquire a loft downtown at an affordable price. Unbeatable business location with easy walk or bike ride to restaurants, festivals, biking trails and more!

Last Agent to Sell the Property

Lauren Bell

Lauren Bell Real Estate, Inc. License #0225222641 Listed on: 03/21/2024

Last Buyer's Agent

Kelly Perdieu

John Stewart Walker, Inc License #0225247599

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,045

Year Built

  • Built in 1898

HOA Fees

  • $224 Monthly HOA Fees

Interior Spaces

  • 1 Full Bathroom
  • 587 Sq Ft Home
  • 1-Story Property
  • Great Room
  • City Views
  • Electric Range
  • Laundry Room

Flooring

  • Wood
  • Vinyl

Outdoor Features

  • River Nearby

Schools

  • Perrymont Elementary School
  • Pl Dunbar Midl Middle School
  • Heritage High School

Utilities

  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 04515029

Community Details

Overview

  • Association fees include exterior maintenance, insurance, snow removal, trash, water
  • Downtown Central Business Dist Subdivision

Building Details

  • Net Lease

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,045

Year Built

Built in 1898

Lot Details

0

HOA Fees

$224 per month

Listing Details

  • AssocFeeOptional: Required
  • Directions: Building sits at the corner of 9th and Jefferson Streets in Downtown Lynchburg
  • Days On Market: No
  • Prop. Type: Residential
  • Year Built: 1898
  • Garage Yn: No
  • Property Sub-Type: Condominium
  • Subdivision Name: Downtown-central Business Dist
  • Above Grade Finished Sq Ft: 587.00
  • Laundryroom Dim: 0.000 x 0.000
  • Office Dim: 0.000 x 0.000
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement Bathrooms: 1.00
  • Bathrooms Display: 1 (1 0)
  • Broker Approved: Yes
  • Reciprocal Listing: No
  • Has Attic: Other
  • Has Basement: Other
  • Flooring: Hardwood, Vinyl
  • Level 1 Full Bathrooms: 1
  • Great Room: 12x10 Level: Level 1 Above Grade
  • Interior Amenities: Cable Available, Cable Connections, Drywall, Great Room, Main Level Bedroom
  • Dining Kitchen: 9x7 Level: Level 1 Above Grade
  • Laundry: Separate Laundry Rm.
  • Master Bedroom: 14x10 Level: Level 1 Above Grade
  • Appliances: Range-Elec, Refrigerator
  • Stories: One
  • Room Master Bedroom Area: 140.000000
  • GreatRoom Area: 120.000000
  • Room Kitchen Area: 63.000000
  • MasterBedroomDimensions Dim: 14.000 x 10.000
  • Kitchen Dim: 9.000 x 7.000
  • Sunroom Dim: 0.000 x 0.000
  • Master Bedroom Master Bedroom Width: 10.000

Exterior Features

  • Roof: Other
  • New Construction: Completed
  • Exterior Features: City View, River Nearby

Garage/Parking

  • Garage Dim: 0.000 x 0.000

Utilities

  • Cooling: Heat Pump
  • Sewer: City
  • Water Heater: Electric
  • Heating: Heat Pump
  • Water Source: City

Condo/Co-op/Association

  • Association Fee: 224.00
  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Exterior Maintenance, Insurance, Snow Removal, Trash, Water

Schools

  • Elementary School: Perrymont Elem
  • High School: Heritage High
  • Middle School: PL Dunbar Midl
  • Junior High Dist: Lynchburg

Lot Info

  • Acres: 0.0040
  • Lot Size Sq Ft: 174.00
  • ResoLotSizeUnits: Acres
  • Parcel Number: 04515029
  • ResoLotSizeUnits: Acres

Rental Info

  • Sub Lease: No
  • Sub Lease Expiration Date: 1800-01-01T00:00:00.001-05:00

Tax Info

  • Estimated Taxes: 1045

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2024
Closed on
Apr 9, 2024
Sold by
Riverviews
Bought by
Sudec Joan and Davis Jeanette Ann
Seller's Agent
Lauren Bell
Lauren Bell Real Estate, Inc.
Buyer's Agent
Kelly Perdieu
John Stewart Walker, Inc
List Price
$118,500
Sold Price
$118,500
Total Days on Market
14
Views
53
Current Estimated Value
$134,082

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,582
Avg. Annual Appreciation
11.55%
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
Sudec Joan $118,500 Blue Ridge Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2024 04/25/24 Sold $118,500 0.0% $202 / Sq Ft
04/05/2024 04/05/24 Pending -- -- --
03/21/2024 03/21/24 For Sale $118,500 -- $202 / 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 $1,045 $117,400 $14,000 $103,400
2023 $1,045 $117,400 $14,000 $103,400
2022 $999 $97,000 $14,000 $83,000
2021 $1,077 $97,000 $14,000 $83,000
2020 $901 $81,200 $12,200 $69,000
2019 $901 $81,200 $12,200 $69,000
2018 $600 $56,000 $7,300 $48,700
2017 $622 $56,000 $7,300 $48,700
2016 $578 $52,100 $7,300 $44,800
2015 $578 $44,100 $6,800 $37,300
2014 $490 $44,100 $6,800 $37,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 351114

APN: 045-15-029