NOT LISTED FOR SALE

901 Jefferson St Unit 5D Lynchburg, VA 24504

Central Business District Neighborhood

Estimated Value: $178,000 - $211,000

1 Bed
1 Bath
885 Sq Ft
$337/mo HOA Fee

Last Sold May 03, 2024

Last sale price $179,500 $203 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $1,525/month

14 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

Alissa Williams

eXp Realty LLC-Lynchburg License #0225258775

eXp Realty LLC-Lynchburg

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,339

Year Built

  • Built in 1898

HOA Fees

  • $337 Monthly HOA Fees

Interior Spaces

  • 1 Full Bathroom
  • 885 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 04515047

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

$1,339

Year Built

Built in 1898

Lot Details

0

HOA Fees

$337 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: 885.00
  • 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: 26x14 Level: Level 1 Above Grade
  • Interior Amenities: Cable Available, Cable Connections, Drywall, Great Room, Main Level Bedroom
  • Dining Kitchen: 26x13 Level: Level 1 Above Grade
  • Laundry: Separate Laundry Rm.
  • Master Bedroom: 15x11 Level: Level 1 Above Grade
  • Appliances: Range-Elec, Refrigerator
  • Stories: One
  • Room Master Bedroom Area: 165.000000
  • GreatRoom Area: 364.000000
  • Room Kitchen Area: 338.000000
  • MasterBedroomDimensions Dim: 15.000 x 11.000
  • Kitchen Dim: 26.000 x 13.000
  • Sunroom Dim: 0.000 x 0.000
  • Master Bedroom Master Bedroom Width: 11.000

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: 337.00
  • 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: 04515047
  • ResoLotSizeUnits: Acres

Rental Info

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

Tax Info

  • Estimated Taxes: 1339

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
Hofmann Gregory
Seller's Agent
Lauren Bell
Lauren Bell Real Estate, Inc.
Buyer's Agent
Alissa Williams
eXp Realty LLC-Lynchburg
List Price
$179,500
Sold Price
$179,500
Total Days on Market
14
Views
35
Current Estimated Value
$191,783

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,283
Avg. Annual Appreciation
6.20%
Original Mortgage
$134,625
Outstanding Balance
$131,776
Interest Rate
7.99%
Mortgage Type
New Conventional
Estimated Equity
$60,007
Source: Public Records

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Range of Values:

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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
Hofmann Gregory $179,500 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hofmann Gregory $134,625
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2024 05/03/24 Sold $179,500 0.0% $203 / Sq Ft
04/05/2024 04/05/24 Pending -- -- --
03/21/2024 03/21/24 For Sale $179,500 -- $203 / 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 $1,339 $150,500 $19,000 $131,500
2023 $1,339 $150,500 $19,000 $131,500
2022 $1,318 $128,000 $19,000 $109,000
2021 $1,421 $128,000 $19,000 $109,000
2020 $1,214 $109,400 $16,400 $93,000
2019 $1,214 $109,400 $16,400 $93,000
2018 $843 $78,700 $10,900 $67,800
2017 $874 $78,700 $10,900 $67,800
2016 $813 $73,200 $10,900 $62,300
2015 $813 $61,700 $10,500 $51,200
2014 $685 $61,700 $10,500 $51,200
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

  • A

    Buyer's Agent in 2024

    Alissa Williams

    eXp Realty LLC-Lynchburg

    (757) 470-2005

    1 in this area

    36 Total Sales

    Alissa Williams
    Section Image
See All Agents

Map

Source: Lynchburg Association of REALTORS®

MLS Number: 351121

APN: 045-15-047

Virginia Lynchburg City County Lynchburg 24504 Central Business District

901 Jefferson St Unit 5D, Lynchburg, VA

This home is located at 901 Jefferson St Unit 5D, Lynchburg, VA 24504 since 21 March 2024 and is currently estimated at $191,783, approximately $216 per square foot. This property was built in 1898. 901 Jefferson St Unit 5D is a home located in Lynchburg City with nearby schools including Perrymont Elementary School, Paul Laurence Dunbar Mid. for Innov., and Heritage High School.

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