Check Availability

1008 Biltmore Avenue

1008 Biltmore Avenue, Lynchburg, VA 24502
House in Fort Hill
Sold Oct 23, 2020
$190,000
$184,300 by First Bank & Trust
Mortgage Due Oct 23, 2050
Sold Apr 04, 2016
$158,000
$126,400 by Bank Of The James Inc
Mortgage Due May 01, 2046
Local assessors in Lynchburg, VA have categorized 1008 Biltmore Avenue as a residential type of property. The home was built in 1956 and is 68 years old. The property's lot size has been calculated to be 17,607 square feet. The linear feet between the front and back of the lot was measured at 1,750 ft and the front of the lot was measured at 1,000 ft. As for the restroom situation, there are 3 full bathrooms. There are also 3 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1008 Biltmore Avenue has a total of 1,269 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a finished improved basement that is 1,467 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Do you like to entertain? The home has a unknown so you'll have a great option in the front of the home. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. The building has a gable or hip style roof that was made of composition shingle. Lots of brick veneer were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a forced air unit is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1008 Biltmore Avenue was last sold in Oct 21, 2020 for $190,000. According to our calculations, that's $149.72 per sqft. Prior to that sales transaction, the property was sold for $158,000 in Mar 29, 2016. Current property owners are expected to pay $528 in taxes per year. The property on 1008 Biltmore Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $237,100. To break that down further, the land itself was valued at $30,000. While improvements to the property were assessed at a total of $207,100. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Brick Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Construction Type: Frame
  • Exterior Walls Type: Brick veneer
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Finished improved basement
  • Basement Area: 1,467
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 17,607
  • Lot Size Depth Feet: 1,750
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,269
  • Building Area: 1,269
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,269
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PERRYMONT
  • Land Acres: 0.404
  • Standard Land Use Code: Single family residential
  • Legal Description 1: FORT HILL, BLK 5, LOTS 12-13

Ownership

  • Current Owner : GINGUES CALEB PHILLIP
  • Previous Owner : SCHWARTZ SAMANTHA J
  • Previous Owner 2: SCHWARTZ ROBERT J
  • Owner Before Previous Owner: LIEDSTRAND DENNIS A
  • Owner Before Previous Owner 2: LIEDSTRAND PHOEBE M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lynchburg City Public Schools
  • Census Tract: 001000

Zoning

  • Zoning: R2

Geography

  • Parcel: 054 12 019
  • Block: 5
  • Lot: 12-13
  • Latitude: 37.3862
  • Longitude: -79.1792

    Address

  • Full Address: 1008 Biltmore Ave
  • Address - House Number: 1008
  • Address - Street Name: Biltmore
  • Address - Suffix Type: Ave
  • State: VA
  • City Name: Lynchburg
  • Carrier Code: C028
  • 4-Digit Zip Code: 1206
  • Zip Code: 24502

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $528

    Appraisal Valuation

  • Standard Deviation: 0.202
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 72
  • Final Value: 279,192
  • High Value: 335,603
  • Low Value: 222,782

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $184,300
  • First Open Lien Mortgage Lender: FIRST BANK & TRUST
  • First Open Lien Mortgage Recording Date: Oct 23, 2020
  • First Open Lien Mortgage Loan Amount: $184,300
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 23, 2050

    Market Valuation

  • Market Total Value: $237,100
  • Market Land Value: $30,000
  • Market Improvement Value: $207,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $237,100
  • Assessed Land Value: $30,000
  • Assessed Improvements Value: $207,100

    Sales

  • Current Sale Contract Date: Oct 21, 2020
  • Current Sale Recording Date: Oct 23, 2020
  • Current Sale Transaction ID: 11809471164
  • Current Sale Price: $190,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 200007779
  • Previous Sale Recording Date: Apr 04, 2016
  • Previous Sale Contract Date: Mar 29, 2016
  • Previous Sale Amount: $158,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST BANK & TRUST
  • First Mortgage Transaction Date: Oct 23, 2020
  • First Mortgage Loan Amount: $184,300
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF THE JAMES INC
  • Previous Mortgage Transaction Date: Apr 04, 2016
  • Previous Mortgage Loan Amount: $126,400
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: May 01, 2046

About Fort Hill



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 1008 Biltmore Avenue located in?
The 1008 Biltmore Avenue is a house located in the neighborhood of Fort Hill in Fort Hill, Lynchburg.
What is the average sales price for listings in 1008 Biltmore Avenue?
The average sales price for units in 1008 Biltmore Avenue is $0 currently.

Quantcast