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102 Colonnade Street

102 Colonnade Street, Lynchburg, VA 24502
Property in Cornerstone
Sold Dec 20, 2016
$143,000
$114,400 by Embrace Home Loans Inc
Mortgage Due Jan 01, 2047
Sold Jun 25, 2009
$131,052
$104,800 by Primary Capital Advisors Lc
Mortgage Due Jul 01, 2039
102 Colonnade Street has been categorized by the local assessors in Lynchburg, VA as a residential type of property. The building on the property was first built in 2009 and is 15 years old. The home has a total of 5 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 102 Colonnade Street has 1,520 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,000 ft and across the front of the lot is 200 ft. The area measurement of the land has been determined as 2,004 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a townhouse style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Residents will have the luxury of enjoying a open porch. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. The building has a gable or hip style roof made of composition shingle. The exterior walls of the building are made of alum/vinyl siding. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a heat pump. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 102 Colonnade Street sold most recently in Dec 19, 2016 for a total of $143,000. If you work out the math, that's approximately a cost of $94.08 per sqft. Before that, the property was also sold for $131,052 in Jun 16, 2009. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $1,744 in taxes each year. 102 Colonnade Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $195,900. If we break it down further, the land itself was valued at $26,000. Improvements to the property, however, were assessed at a total of $169,900. The property's total market value has been marked the same as the total assessed value which is pretty typical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2009
  • Effective Year Built: 2009
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Construction Type: Frame
  • Building Style: Townhouse
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Business/Commerical Units Count: 28
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 2,004
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 200
  • Total Building Area: 1,520
  • Building Area: 1,520
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 1,520
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CORNERSTONE-ATTACHED HOMES
  • Land Acres: 0.046
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: CORNERSTONE, BLK M, LOT 23

Ownership

  • Current Owner : ANDERSON RICHARD S
  • Current Owner 2: ANDERSON BARBARA E
  • Previous Owner : THOMAS II TIMOTHY R
  • Owner Before Previous Owner: DRV CONSTRUCTION LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lynchburg City Public Schools
  • Census Tract: 001602

Zoning

  • Zoning: R1

Geography

  • Parcel: 263 15 323
  • Block: M
  • Lot: 23
  • Latitude: 37.3389
  • Longitude: -79.2236

    Address

  • Full Address: 102 Colonnade St
  • Address - House Number: 102
  • Address - Street Name: Colonnade
  • Address - Suffix Type: St
  • State: VA
  • City Name: Lynchburg
  • Carrier Code: C058
  • 4-Digit Zip Code: 5182
  • Zip Code: 24502

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,744

    Appraisal Valuation

  • Standard Deviation: 0.2111
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 71
  • Final Value: 255,915
  • High Value: 309,952
  • Low Value: 201,879

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $114,400
  • First Open Lien Mortgage Lender: EMBRACE HOME LOANS INC
  • First Open Lien Mortgage Recording Date: Dec 20, 2016
  • First Open Lien Mortgage Loan Amount: $114,400
  • 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: Jan 01, 2047

    Market Valuation

  • Market Total Value: $195,900
  • Market Land Value: $26,000
  • Market Improvement Value: $169,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $195,900
  • Assessed Land Value: $26,000
  • Assessed Improvements Value: $169,900

    Sales

  • Current Sale Contract Date: Dec 19, 2016
  • Current Sale Recording Date: Dec 20, 2016
  • Current Sale Transaction ID: 1904927116
  • Current Sale Price: $143,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 160008004
  • Previous Sale Recording Date: Jun 25, 2009
  • Previous Sale Contract Date: Jun 16, 2009
  • Previous Sale Amount: $131,052
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: EMBRACE HOME LOANS INC
  • First Mortgage Transaction Date: Dec 20, 2016
  • First Mortgage Loan Amount: $114,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2047

    Previous Mortgages

  • Previous Mortgage Lender: PRIMARY CAPITAL ADVISORS LC
  • Previous Mortgage Transaction Date: Jun 25, 2009
  • Previous Mortgage Financing Type: Unknown
  • Previous Mortgage Loan Amount: $104,800
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2039

About Cornerstone



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Frequently Asked Questions

What neighborhood is 102 Colonnade Street located in?
The 102 Colonnade Street is a located in the neighborhood of Cornerstone in Cornerstone, Lynchburg.
What is the average sales price for listings in 102 Colonnade Street?
The average sales price for units in 102 Colonnade Street is $0 currently.

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