NOT LISTED FOR SALE

Estimated Value: $159,183 - $256,000

5 Beds
2 Baths
1,861 Sq Ft
$112/Sq Ft Est. Value

Last Sold February 17, 2016

Last sale price $87,000 $47 Per Sq Ft

Est. 139% increase in value since last sale

Current estimated payment $1,303/month

224 Days on Market

Highlights

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

About This Home

As of February 2016

Two unit apt. building, fully occupied. Desired Rivermont Ave. location. Close to College, shopping and restaurants. Investors take note. 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

  • $1,275

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 04002002

Community Details

Overview

  • 2 Units

Building Details

  • New Taxes Expense $1,000
  • Gross Income $11,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,275

Year Built

Built in 1964

Lot Details

0

Listing Details

  • FILLACRES: 0.0017
  • Directions: Rivermont Ave to North Princeton beside Randolph College, left on View, property at end of road on West Princeton.
  • 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: 04002002
  • Year Built: 1964
  • Heating System: Electric Baseboard
  • Unit Info Number Unfurnished Units: 2
  • Taxes Expense: 1000.00
  • 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: 1275

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 28, 2005
Sold by
Bateman Nils I and Bateman Brenda J
Bought by
Nils Bateman & Brenda Bateman Ab Living
Current Estimated Value
$208,296
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
Nils Bateman & Brenda Bateman Ab Living -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/17/2016 02/17/16 Sold $87,000 -8.4% $47 / Sq Ft
01/26/2016 01/26/16 Pending -- -- --
06/16/2015 06/16/15 For Sale $95,000 -- $51 / 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 $2,369 $282,000 $46,800 $235,200
2024 $667 $74,900 $38,500 $36,400
2023 $728 $74,900 $38,500 $36,400
2022 $1,161 $112,700 $27,000 $85,700
2021 $1,251 $112,700 $27,000 $85,700
2020 $1,009 $90,900 $25,500 $65,400
2019 $1,009 $90,900 $25,500 $65,400
2018 $1,172 $89,600 $24,200 $65,400
2017 $995 $89,600 $24,200 $65,400
2016 $995 $121,500 $24,200 $97,300
2015 $1,349 $121,500 $24,200 $97,300
2014 $1,349 $124,300 $24,200 $100,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 292612

APN: 040-02-002