Check Availability

1051 Oakmont Circle

1051 Oakmont Circle, Lynchburg, VA 24502
House in Oakmont
Sold Oct 15, 2021
$185,000
$185,948 by Celebrity Home Loans Llc
Mortgage Due Dec 01, 2052
Sold May 19, 2021
$155,000
$140,000 by John P Morgan
Mortgage
1051 Oakmont Circle in Lynchburg, VA was first built in 1955 and is 69 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 8 rooms in the home, of which, 5 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 1051 Oakmont Circle has 1,567 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 1,289 sqft and has been categorized as a finished improved basement. The linear feet across the front of the lot is 1,310 ft and the linear feet between the front and back of the lot is 1,640. In total, the area measurement of the land is 30,880 square feet.

Learn more about the property and building on this page. The home has a gable or hip style roof made of composition shingle. For those who need parking, there is a carport. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The exterior walls of the home are made of brick veneer. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a forced air unit. 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, 1051 Oakmont Circle sold most recently in Oct 7, 2021 for a total of $185,000. If you work out the math, that's approximately a cost of $118.06 per sqft. Before that, the property was also sold for $155,000 in May 12, 2021. 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 $1,620 in taxes each year. The initial year of tax delinquency occurred in 2021. 1051 Oakmont Circle was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $182,000. If we break it down further, the land itself was valued at $40,000. Improvements to the property, however, were assessed at a total of $142,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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.

Building Features

Exterior

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

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 1,289
  • Garage Type: Carport
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 30,880
  • Lot Size Depth Feet: 1,640
  • Lot Size Frontage Feet: 1,310
  • Total Building Area: 1,567
  • Building Area: 1,567
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,567
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WINDSOR HILLS
  • Land Acres: 0.708
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRAYLOR CIRCLE, LOTS 154-159

Ownership

  • Current Owner : RUBIO JESUS
  • Current Owner 2: RUBIO HEATHER
  • Previous Owner : ARTHUR MICHAEL L
  • Owner Before Previous Owner: HARVEY CARROLL J
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: R1

Geography

  • Parcel: 254 04 011
  • Lot: 154-159
  • Latitude: 37.3526
  • Longitude: -79.2219

    Address

  • Full Address: 1051 Oakmont Cir
  • Address - House Number: 1051
  • Address - Street Name: Oakmont
  • Address - Suffix Type: Cir
  • State: VA
  • City Name: Lynchburg
  • Carrier Code: C068
  • 4-Digit Zip Code: 2764
  • Zip Code: 24502

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,620
  • Intital Tax Deliquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.2228
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 69
  • Final Value: 257,142
  • High Value: 314,439
  • Low Value: 199,845

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $185,948
  • First Open Lien Mortgage Lender: CELEBRITY HOME LOANS LLC
  • First Open Lien Mortgage Recording Date: Dec 02, 2022
  • First Open Lien Mortgage Loan Amount: $185,948
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2052

    Market Valuation

  • Market Total Value: $182,000
  • Market Land Value: $40,000
  • Market Improvement Value: $142,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $182,000
  • Assessed Land Value: $40,000
  • Assessed Improvements Value: $142,000

    Sales

  • Current Sale Contract Date: Oct 07, 2021
  • Current Sale Recording Date: Oct 15, 2021
  • Current Sale Transaction ID: 11861279294
  • Current Sale Price: $185,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 210009253
  • Previous Sale Recording Date: May 19, 2021
  • Previous Sale Contract Date: May 12, 2021
  • Previous Sale Amount: $155,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: ARTHUR MICHAEL
  • First Mortgage Transaction Date: Oct 15, 2021
  • First Mortgage Loan Amount: $175,000
  • First Mortgage Terms: 12
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Oct 15, 2022

    Previous Mortgages

  • Previous Mortgage Lender: JOHN P MORGAN
  • Previous Mortgage Transaction Date: May 19, 2021
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $140,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Seller take-back

About Oakmont



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at

$1,195 /mo

  • 2 Beds
  • 2 Baths
  • 1,115 ft²
Listing by Manager
Unit for rent at

$1,250 /mo

  • 3 Beds
  • 2 Baths
  • 2,064 ft²
Listing by Manager
Unit for rent at

$1,350 /mo

  • 3 Beds
  • 2.5 Baths
  • 1,160 ft²
Listing by Manager
Unit for rent at

$1,250 /mo

  • 3 Beds
  • 2.5 Baths
  • 1,220 ft²
Listing by Manager

Frequently Asked Questions

What neighborhood is 1051 Oakmont Circle located in?
The 1051 Oakmont Circle is a house located in the neighborhood of Oakmont in Oakmont, Lynchburg.
What is the average sales price for listings in 1051 Oakmont Circle?
The average sales price for units in 1051 Oakmont Circle is $0 currently.

Quantcast