NOT LISTED FOR SALE

92 W Princeton Cir Lynchburg, VA 24503

Riverside Neighborhood

Estimated Value: $172,791 - $272,000

5 Beds
2 Baths
1,861 Sq Ft
$116/Sq Ft Est. Value

Last Sold May 27, 2016

Last sale price $81,500 $44 Per Sq Ft

Est. 165% increase in value since last sale

Current estimated payment $1,275/month

344 Days on Market

Highlights

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

About This Home

As of May 2016

Two unit apartment building, fully occupied. Desired Rivermont Avenue location. Close to College, shopping and restaurants. Investors take note. Apartment A has new carpet, a new bathroom and some new paint. Apartment A rent is $495 and Apartment B is $395.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

  • $1,200

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 04002003

Community Details

Overview

  • 2 Units

Building Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,200

Year Built

Built in 1964

Lot Details

0

Listing Details

  • FILLACRES: 0.0017
  • Directions: Rivermont Ave to North Princeton beside Randolph College, then left on View, left on West Princeton proptery 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: 04002003
  • 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: 1200

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2015
Closed on
May 2, 2016
Sold by
Bowman Jay
Bought by
Jmc Rentals Llc
Seller's Agent
Leighton Robertson
Coldwell Banker Forehand & Co.
Buyer's Agent
Mike Osei
Long & Foster-Forest
List Price
$90,000
Sold Price
$81,500
Premium/Discount to List
-$8,500
-9.44%
Current Estimated Value
$215,948

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,448
Avg. Annual Appreciation
10.92%
Original Mortgage
$55,000
Outstanding Balance
$43,784
Interest Rate
3.66%
Mortgage Type
Credit Line Revolving
Estimated Equity
$172,164

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
Jmc Rentals Llc $81,500 None Available
Nils Bateman & Brenda Bateman Ab Living -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jmc Rentals Llc $55,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/27/2016 05/27/16 Sold $81,500 -9.4% $44 / Sq Ft
05/25/2016 05/25/16 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 $1,547 $184,200 $42,500 $141,700
2024 $1,355 $152,200 $35,000 $117,200
2023 $1,355 $152,200 $35,000 $117,200
2022 $1,150 $111,700 $27,000 $84,700
2021 $1,240 $111,700 $27,000 $84,700
2020 $1,002 $90,300 $25,500 $64,800
2019 $1,002 $90,300 $25,500 $64,800
2018 $1,129 $89,000 $24,200 $64,800
2017 $988 $89,000 $24,200 $64,800
2016 $988 $114,400 $24,200 $90,200
2015 $1,270 $114,400 $24,200 $90,200
2014 $1,270 $117,000 $24,200 $92,800
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: 292613

APN: 040-02-003

Virginia Lynchburg City County Lynchburg 24503 Riverside

92 W Princeton Cir, Lynchburg, VA

This home is located at 92 W Princeton Cir, Lynchburg, VA 24503 since 16 June 2015 and is currently estimated at $215,948, approximately $116 per square foot. This property was built in 1964. 92 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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