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1305 Gates Street

1305 Gates Street, Lynchburg, VA 24502
Property in Fort Hill
Refi Nov 21, 2006
Transfer
$121,900 by Bank Of America Na
Mortgage Due Dec 01, 2046
1305 Gates Street 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 9 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 1305 Gates Street has 1,120 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 1,120 sqft and has been categorized as a finished improved basement. The linear feet across the front of the lot is 650 ft and the linear feet between the front and back of the lot is 1,540. In total, the area measurement of the land is 10,088 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. 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Current property owners are expected to pay $1,417 in taxes per year. The property on 1305 Gates Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $159,200. To break that down further, the land itself was valued at $30,000. While improvements to the property were assessed at a total of $129,200. 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. 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.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.

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: 9
  • Bedroom Count: 4
  • 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: 1,120
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,088
  • Lot Size Depth Feet: 1,540
  • Lot Size Frontage Feet: 650
  • Total Building Area: 1,120
  • Building Area: 1,120
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,120
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FORT HILL - EAST
  • Land Acres: 0.231
  • Standard Land Use Code: Single family residential
  • Legal Description 1: RADCLIFF, BLK 15, LOT E

Ownership

  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: R2

Geography

  • Parcel: 053 10 031
  • Block: 15
  • Lot: E
  • Latitude: 37.3786
  • Longitude: -79.1816

    Address

  • Full Address: 1305 Gates St
  • Address - House Number: 1305
  • Address - Street Name: Gates
  • Address - Suffix Type: St
  • State: VA
  • City Name: Lynchburg
  • Carrier Code: C067
  • 4-Digit Zip Code: 1613
  • Zip Code: 24502

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,417

    Appraisal Valuation

  • Standard Deviation: 0.2386
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 66
  • Final Value: 215,673
  • High Value: 267,148
  • Low Value: 164,197

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $121,900
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Nov 21, 2006
  • First Open Lien Mortgage Financing Type: Unknown
  • First Open Lien Mortgage Loan Amount: $121,900
  • First Open Lien Mortgage Term: 480
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2046

    Market Valuation

  • Market Total Value: $159,200
  • Market Land Value: $30,000
  • Market Improvement Value: $129,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $159,200
  • Assessed Land Value: $30,000
  • Assessed Improvements Value: $129,200

About Fort Hill



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 1305 Gates Street located in?
The 1305 Gates Street is a located in the neighborhood of Fort Hill in Fort Hill, Lynchburg.
What is the average sales price for listings in 1305 Gates Street?
The average sales price for units in 1305 Gates Street is $0 currently.

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