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115 Portico Street

115 Portico Street, Lynchburg, VA 24502
Property in Cornerstone
Sold Aug 12, 2021
$221,000
Sold Dec 20, 2017
$679,600
$543,680 by American National Bank & Trust
Mortgage
115 Portico Street in Lynchburg, VA was first built in 2013 and is 11 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a townhouse style. 115 Portico Street has 1,284 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. In total, the area measurement of the land is 2,004 square feet.

Learn more about the property and building on this page. 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, 115 Portico Street was last sold in Aug 5, 2021 for $221,000. According to our calculations, that's $172.12 per sqft. Prior to that sales transaction, the property was sold for $679,600 in Dec 19, 2017. Current property owners are expected to pay $504 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2022. The property on 115 Portico Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $226,700. To break that down further, the land itself was valued at $26,000. While improvements to the property were assessed at a total of $200,700. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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

Board and Batten Siding
Stone Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2013
  • Effective Year Built: 2013
  • Building Count: 1
  • Bedroom Count: 0
  • Building Style: Townhouse
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,004
  • Lot Size Frontage Feet: 200
  • Total Building Area: 1,284
  • Building Area: 1,284
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,284
  • 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 G, LOT 25

Ownership

  • Current Owner : HARRIS MAURICE JEFFERY
  • Current Owner 2: HARRIS LAQUESHA
  • Previous Owner : PORTICO PROPERTIES LLC
  • Owner Before Previous Owner: T P B ENTERPRISES LLC
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Geography

  • Parcel: 263 15 638
  • Block: G
  • Lot: 25
  • Latitude: 37.3407
  • Longitude: -79.2265

    Address

  • Full Address: 115 Portico St
  • Address - House Number: 115
  • Address - Street Name: Portico
  • Address - Suffix Type: St
  • State: VA
  • City Name: Lynchburg
  • Carrier Code: C058
  • 4-Digit Zip Code: 4068
  • Zip Code: 24502

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $504
  • Intital Tax Deliquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.0918
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 92
  • Final Value: 252,204
  • High Value: 275,358
  • Low Value: 229,051

    Market Valuation

  • Market Total Value: $226,700
  • Market Land Value: $26,000
  • Market Improvement Value: $200,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $226,700
  • Assessed Land Value: $26,000
  • Assessed Improvements Value: $200,700

    Sales

  • Current Sale Contract Date: Aug 05, 2021
  • Current Sale Recording Date: Aug 12, 2021
  • Current Sale Transaction ID: 11853744724
  • Current Sale Price: $221,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 210007209
  • Previous Sale Recording Date: Dec 20, 2017
  • Previous Sale Contract Date: Dec 19, 2017
  • Previous Sale Amount: $679,600
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK
  • First Mortgage Transaction Date: Aug 12, 2021
  • First Mortgage Loan Amount: $187,850
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: AMERICAN NATIONAL BANK & TRUST
  • Previous Mortgage Transaction Date: Dec 20, 2017
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $543,680
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Credit Line (Revolving)

About Cornerstone



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Frequently Asked Questions

What neighborhood is 115 Portico Street located in?
The 115 Portico Street is a located in the neighborhood of Cornerstone in Cornerstone, Lynchburg.
What is the average sales price for listings in 115 Portico Street?
The average sales price for units in 115 Portico Street is $0 currently.

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