NOT LISTED FOR SALE

Estimated Value: $151,000 - $231,000

2 Beds
2 Baths
1,396 Sq Ft
$136/Sq Ft Est. Value

Last Sold May 26, 2016

Last sale price $49,500 $35 Per Sq Ft

Est. 282% increase in value since last sale

Current estimated payment $1,056/month

356 Days on Market

Highlights

  • Wood Under Carpet
  • Paneling
  • Electric Baseboard Heater

About This Home

As of May 2016

Great investment property- Main level apartment has new carpet/viny & refrigerator. Lower level apartment carpet & vinyl 1 year old. Nice back yard. No washer/dryer connections

Last Agent to Sell the Property

Troy Cash

Cash Bros Real Estate, Inc. License #0225033672 Listed on: 04/21/2015

Last Buyer's Agent

Trevor Gillispie

Elite Realty License #0225241780

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $359

Year Built

  • Built in 1969

Lot Details

  • 0.53 Acre Lot

Parking

  • 2 Parking Spaces

Interior Spaces

  • 1,396 Sq Ft Home
  • Paneling

Flooring

  • Wood Under Carpet
  • Carpet
  • Vinyl

Schools

  • Amherst Elementary School
  • Amherst Midl Middle School
  • Amherst High School

Utilities

  • Window Unit Cooling System
  • Electric Baseboard Heater
  • Electric Water Heater
  • Septic Tank

Community Details

Overview

  • 2 Units

Building Details

  • 1 Separate Water Meter
  • Gross Income $9,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$359

Year Built

Built in 1969

Lot Details

0

Listing Details

  • FILLACRES: 0.5300
  • Directions: 29 North to Amherst to Main Street to Kenmore Road-go 2.5 miles to property on right.
  • Lot Measurement: Acres
  • Lot Sq Ft: 23087.00
  • Days On Market: No
  • Property Subtype1: Multi-Family
  • Prop. Type: Multi-Family
  • OFFICELIST_STATE: VA
  • Year Built: 1969
  • Heating System: Electric Baseboard
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Broker Approved: Yes
  • Legal Description: Deed Book 607 page 42
  • Reciprocal Listing: No
  • Flooring: Carpet, Carpet Over Wood, Vinyl
  • Year Built Exception: 0
  • Walls: Drywall, Paneling

Garage/Parking

  • Parking: 2 Spaces/Unit

Utilities

  • Cooling: Window Unit(s)
  • Sewer: Septic Tank
  • Hot Water: County
  • Water Heater: Electric
  • Number Of Water Meters: 1

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors

Schools

  • School District: Amherst
  • Elementary School: Amherst Elem
  • High School: Amherst High
  • Middle School: Amherst Midl
  • School District: Amherst

Lot Info

  • Lot Sq Ft: 1396.00

Rental Info

  • Types Of Leases: 1 Year Lease

Tax Info

  • Estimated Taxes: 359

Multi Family

  • Annual Gross Income: 9000.00
  • Total Number Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 9, 2019
Sold by
Ray Reed Investments Llc
Bought by
Tweedy Jason R and Tweedy Bridget B
Current Estimated Value
$189,160

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,500
Interest Rate
4.3%
Mortgage Type
New Conventional
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
Tweedy Jason R $86,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tweedy Jason R $108,000
Closed Tweedy Jason R $64,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2016 05/26/16 Sold $49,500 -29.2% $35 / Sq Ft
04/11/2016 04/11/16 Pending -- -- --
04/21/2015 04/21/15 For Sale $69,900 -- $50 / 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 $410 $67,200 $20,000 $47,200
2024 $410 $67,200 $20,000 $47,200
2023 $410 $67,200 $20,000 $47,200
2022 $410 $67,200 $20,000 $47,200
2021 $410 $67,200 $20,000 $47,200
2020 $410 $62,800 $20,000 $42,800
2019 $405 $66,400 $26,000 $40,400
2018 $405 $66,400 $26,000 $40,400
2017 $405 $66,400 $26,000 $40,400
2016 $405 $66,400 $26,000 $40,400
2015 $372 $66,400 $26,000 $40,400
2014 $372 $66,400 $26,000 $40,400
Source: Public Records

Agents Affiliated with this Home

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Source: Lynchburg Association of REALTORS®

MLS Number: 291377

APN: 95-A-15