NOT LISTED FOR SALE

901 Jefferson St Unit 4B Lynchburg, VA 24504

Central Business District Neighborhood

Estimated Value: $86,000 - $137,000

1 Bed
1 Bath
383 Sq Ft
$145/mo HOA Fee

Last Sold May 24, 2024

Last sale price $78,500 $205 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $734/month

5 Days on Market

Highlights

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

About This Home

As of May 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

Travis Hundt

Cornerstone Realty Group Inc License #0225249874

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $682

Year Built

  • Built in 1898

HOA Fees

  • $145 Monthly HOA Fees

Interior Spaces

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

Flooring

  • Wood
  • Vinyl

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 04515036

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

$682

Year Built

Built in 1898

Lot Details

0

HOA Fees

$145 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: 383.00
  • 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: None
  • Has Basement: Other
  • Flooring: Hardwood, Vinyl
  • Level 1 Full Bathrooms: 1
  • Great Room: 17x7 Level: Level 1 Above Grade
  • Interior Amenities: Cable Available, Cable Connections, Drywall, Great Room, Main Level Bedroom
  • Dining Kitchen: 11x8 Level: Level 1 Above Grade
  • Laundry: Separate Laundry Rm.
  • Master Bedroom: 17x10 Level: Level 1 Above Grade
  • Appliances: Range-Elec, Refrigerator
  • Stories: One
  • Room Master Bedroom Area: 170.000000
  • GreatRoom Area: 119.000000
  • Room Kitchen Area: 88.000000
  • MasterBedroomDimensions Dim: 17.000 x 10.000
  • Kitchen Dim: 11.000 x 8.000
  • 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

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: 145.00
  • 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: 0.0037
  • Lot Size Sq Ft: 161.00
  • ResoLotSizeUnits: Acres
  • Parcel Number: 04515036
  • ResoLotSizeUnits: Acres

Rental Info

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

Tax Info

  • Estimated Taxes: 682

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
Avemco Properties Llc
Seller's Agent
Lauren Bell
Lauren Bell Real Estate, Inc.
Buyer's Agent
Travis Hundt
Cornerstone Realty Group Inc
List Price
$78,500
Sold Price
$78,500
Total Days on Market
5
Views
17
Current Estimated Value
$100,300

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,800
Avg. Annual Appreciation
26.29%
Original Mortgage
$136,425
Outstanding Balance
$135,007
Interest Rate
6.88%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$34,707
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Avemco Properties Llc $160,500 Advantage Title & Closing
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Avemco Properties Llc $136,425
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2024 05/24/24 Sold $78,500 0.0% $205 / Sq Ft
03/27/2024 03/27/24 Pending -- -- --
03/21/2024 03/21/24 For Sale $78,500 -- $205 / 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 $10,000 $66,600
2023 $682 $76,600 $10,000 $66,600
2022 $690 $67,000 $10,000 $57,000
2021 $744 $67,000 $10,000 $57,000
2020 $612 $55,100 $8,300 $46,800
2019 $612 $55,100 $8,300 $46,800
2018 $407 $38,000 $4,700 $33,300
2017 $422 $38,000 $4,700 $33,300
2016 $392 $35,300 $4,700 $30,600
2015 $392 $32,100 $4,700 $27,400
2014 $356 $32,100 $4,700 $27,400
Source: Public Records

Agents Affiliated with this Home

  • Lauren Bell

    Seller's Agent in 2024

    Lauren Bell

    Lauren Bell Real Estate, Inc.

    (434) 382-9482

    12 in this area

    371 Total Sales

    Lauren Bell
    Section Image

  • T

    Buyer's Agent in 2024

    Travis Hundt

    Cornerstone Realty Group Inc

    (434) 401-5708

    2 in this area

    39 Total Sales

    Travis Hundt
    Section Image
See All Agents

Map

Source: Lynchburg Association of REALTORS®

MLS Number: 351116

APN: 045-15-036

Virginia Lynchburg City County Lynchburg 24504 Central Business District

901 Jefferson St Unit 4B, Lynchburg, VA

This home is located at 901 Jefferson St Unit 4B, Lynchburg, VA 24504 since 21 March 2024 and is currently estimated at $100,300, approximately $261 per square foot. This property was built in 1898. 901 Jefferson St Unit 4B is a home located in Lynchburg City with nearby schools including Perrymont Elementary School, Paul Laurence Dunbar Mid. for Innov., and Heritage 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.

IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed to be reliable but not guaranteed.

Nearby Homes