$145,000
SOLD FEB 12, 2021
1 Bed
1 Bath
890 Sq Ft
$230/mo HOA Fee

Recently Sold

$163 Per Sq Ft

9% Below List Price

61 Days on Market

Highlights

  • Wood Flooring
  • Home Security System
  • Ceiling Fan
  • Great Room
  • 1-Story Property
  • 1-minute walk to Riverfront Park

About This Home

As of February 2021

This charming loft offers a rare opportunity to live in Lynchburg's happening downtown historic district at an affordable price. Unique in concept with studios of local artisans and permanent residents residing together in this renovated 1898 building known as the Riverview Art Space Center. Located on the corner of 9th and Jefferson Street makes it an easy walk or bike ride to restaurants, festivals, biking trails and more. This unit is on the top floor giving the owner a spectacular view and a quiet condo. New energy efficient floor to ceiling windows, heat pump heating, exposed brick, hardwood floors, and a recently renovated bathroom makes this a nice mix of old and new. The kitchen is quaint and practical with electric outlets in place for expansion. Permanent shelving in the great room separates the bedroom for privacy. A coveted reserved parking space is available for an additional $40.00 a month.

Last Agent to Sell the Property

Wendy Reddy

Reddy Real Estate, Inc. License #0225058288 Listed on: 11/12/2020

Last Buyer's Agent

Wendy Reddy

Reddy Real Estate, Inc. License #0225058288 Listed on: 11/12/2020

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,220

Year Built

  • Built in 1898

HOA Fees

  • $230 Monthly HOA Fees

Home Design

  • Shingle Roof

Interior Spaces

  • 890 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Great Room
  • Home Security System

Kitchen

  • Self-Cleaning Oven
  • Electric Range
  • Microwave

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Bathtub Includes Tile Surround

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Schools

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

Utilities

  • Heat Pump System
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • Association fees include exterior maintenance, grounds maintenance, insurance, roof, sewer, trash, water
  • Riverviews Art Space Subdivision

Listing and Financial Details

  • Assessor Parcel Number 04515056

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,220

Year Built

Built in 1898

Lot Details

0

HOA Fees

$230 per month

Listing Details

  • FILLACRES: 0.0040
  • Directions: Downtown Lynchburg on the corner of 9th and Jefferson St.
  • ElementarySchool7: Perrymont Elem
  • HighSchool7: Heritage High
  • Internet Providers: Verizon, Comcast/Xfinity
  • Lot Measurement: Acres
  • Lot Sq Ft: 174.00
  • MiddleSchool7: PL Dunbar Midl
  • Days On Market: No
  • Property Subtype1: Condominium
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 04515056
  • Year Built: 1898
  • Heating System: Heat Pump
  • Building Stories: One
  • Laundryroom Dim: 0.000 x 0.000
  • Living Room Dim: 0.000 x 0.000
  • Masterbedroom Area: 140.000000
  • Master Bedroom Dim: 10.000 x 14.000
  • Masterbedroom Len: 10.000
  • Masterbedroom Wid: 14.000
  • 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)
  • Lower Floor 1 Bedrooms: 1
  • Broker Approved: Yes
  • Disability Features: Other
  • Legal Description: Riverviews Art Space, 6D
  • Reciprocal Listing: No
  • Above Grade Finished Sq Ft: 890.00
  • ApplianceConvey: Microwave, Range-Elec, Refrigerator, Self Cleaning Oven
  • Has Attic: None
  • Has Basement: Other
  • Flooring: Ceramic Tile, Hardwood
  • Year Built Exception: 0
  • Level 1 Full Bathrooms: 1
  • Great Room: 23x13 Level: Level 1 Above Grade
  • Interior Amenities: Cable Available, Cable Connections, Ceiling Fan(s), Great Room, High Speed Data Aval, Main Level Bedroom, Security System, Tile Bath(s)
  • Dining Kitchen: 17x8 Level: Level 1 Above Grade
  • Laundry: Dryer Connection, Main Level, Washer Connections
  • Master Bedroom: 10x14 Level: Level 1 Above Grade
  • GreatRoom Area: 299.000000
  • Livinggreat Room Dim: 23.000 x 13.000
  • Kitchen Area: 136.000000
  • Est Other Room1 Dim: 0.000 x 0.000
  • Est Other Room2 Dim: 0.000 x 0.000
  • Est Other Room3 Dim: 0.000 x 0.000
  • Rec Room Dim: 0.000 x 0.000
  • Sunroom Dim: 0.000 x 0.000

Exterior Features

  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: Insulated Glass

Garage/Parking

  • Garage Dim: 0.000 x 0.000

Utilities

  • Utility Electric: AEP/Appalachian Powr
  • Air Conditioner: Heat Pump
  • Sewer: City
  • Hot Water: City
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Includes: Exterior Maintenance, Grounds Maintenance, Insurance, Roof, Sewer, Trash, Water
  • HOA: Lynchburg Board of Realtors
  • Association Fee: 230.00
  • Subdivision Complex: Riverviews Art Space

Association/Amenities

  • Entry Level Unit: 6D

Schools

  • School District: Lynchburg
  • School District: Lynchburg

Lot Info

  • Lot Sq Ft: 890.00
  • Zoning: B-4

Tax Info

  • Estimated Taxes: 1220

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2020
Closed on
Feb 9, 2021
Sold by
Earley Sidney Veronica
Bought by
Leboutillier Kent W
Seller's Agent
Wendy Reddy
Reddy Real Estate, Inc.
Buyer's Agent
Wendy Reddy
Reddy Real Estate, Inc.
List Price
$159,900
Sold Price
$145,000
Premium/Discount to List
-$14,900
-9.32%
Current Estimated Value
$196,952

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,952
Avg. Annual Appreciation
7.48%

Purchase Details

Listed on
Apr 26, 2019
Closed on
Aug 29, 2019
Sold by
Frankfort Kerry
Bought by
Earley Sidney Veronica
Seller's Agent
Victoria Bartholomew
John Stewart Walker, Inc
Buyer's Agent
Susan Murray
Epique Realty
List Price
$145,000
Sold Price
$135,000
Premium/Discount to List
-$10,000
-6.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.02%
Original Mortgage
$121,500
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 11, 2014
Sold by
Riverviews Artspace Inc
Bought by
Stuven Walter H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
4.17%
Mortgage Type
New Conventional
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 Type Sale Price Title Company
Deed $145,000 None Available
Bargain Sale Deed $135,000 None Available
Deed $100,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $121,500 New Conventional
Previous Owner $80,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/12/2021 02/12/21 Sold $145,000 -9.3% $163 / Sq Ft
01/12/2021 01/12/21 Pending -- -- --
11/12/2020 11/12/20 For Sale $159,900 +18.4% $180 / Sq Ft
08/30/2019 08/30/19 Sold $135,000 -6.9% $152 / Sq Ft
05/24/2019 05/24/19 Pending -- -- --
04/26/2019 04/26/19 For Sale $145,000 -- $163 / 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 $1,267 $142,400 $19,000 $123,400
2023 $1,267 $142,400 $19,000 $123,400
2022 $1,329 $129,000 $19,000 $110,000
2021 $1,432 $129,000 $19,000 $110,000
2020 $1,220 $109,900 $16,500 $93,400
2019 $1,220 $109,900 $16,500 $93,400
2018 $847 $79,100 $11,000 $68,100
2017 $878 $79,100 $11,000 $68,100
2016 $817 $73,600 $11,000 $62,600
2015 $817 $61,900 $10,500 $51,400
2014 $515 $61,900 $10,500 $51,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 328374

APN: 045-15-056